Invictus Analysis Essay Example

Invictus Analysis Essay Invictus by William Ernest Henley is an incredible sonnet depicting the destiny of individuals. The writer plainly is expounding on his own battles for his torment is evident in the sonnet. Henley experienced horrendous medical issues and furthermore had a youngster who went during his own lifetime. Henley experienced numerous snags throughout his life, some which may have made others be vanquished. In any case, as the sonnet Invictus states, Henley had a â€Å"unconquerable soul. †Ã¢ The word Invictus is Latin for unconquered. Henley composed the sonnet with the goal that each other line rhymed. The beat of the sonnet is clear as the peruser is astounded by the amazing lines and message of Invictus. While a few parts of the sonnet might be seen denotatively, Henley fundamentally planned for the peruser to take the sonnet demonstratively, for example, the main line of the sonnet â€Å"out of the night that covers me. † The primary refrain for the most part presents Henley inwardly. The significance of â€Å"night† in the main line is the portrayal of Henley’s enthusiastic state and discouraging obstructions he defeated exclusively. In the third line, he â€Å"thanks whatever divine beings may be† for his â€Å"unconquerable soul. †Ã¢ The way that he doesn't address God officially, but instead â€Å"gods,† shows that he isn't sure what is out there liable for his unconquerable soul, however for it he is appreciative. Significantly in the wake of all that he as an individual had experienced, he had not surrendered. The following two verses reflect how Henley managed the agony. He had â€Å"not jumped nor cried aloud† meaning freely he had not managed his torment and languishing. The symbolism of his head â€Å"bloody, however unbowed† is so distinctive and clear. We will compose a custom article test on Invictus Analysis explicitly for you for just $16.38 $13.9/page Request now We will compose a custom paper test on Invictus Analysis explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom paper test on Invictus Analysis explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer His anguish and agony is clear to an eyewitness, spoke to by the bleeding head, yet he had not surrendered and had no goals of abandoning life, spoke to by his unbowed head. This inside clash happened for a long time, yet because of his unconquerable soul he is unafraid, as expressed in the eleventh and twelfth lines. The last verse is really where the representations show how just you are answerable for your own destiny. Henley states â€Å"It matters not how waterway the door, how accused of disciplines the scroll†. Essentially, it doesn't make a difference when you arrive at the entryways of Heaven what you are charged against in the parchment, or Bible. The last two lines are the two similitudes to be taken suggestively, â€Å"I am the ace of my destiny: I am the skipper of my spirit. †Ã¢ These two illustrations are basically the whole significance of the sonnet; on the off chance that you are unconquerable no one but you can decide your destiny. You are the ace and commander of your fate. The tone and state of mind of the sonnet and its artist is not kidding, solid, and profound yet by one way or another leaves the peruser propelled. Stunningly, this sonnet was utilized by Oklahoma City plane Timothy McVeigh as his last explanation before he was executed. It might be seen then that McVeigh figured no one but he could decide his destiny after his execution. McVeigh is no chance felt what he did wasn't right, and by giving this sonnet as his last words just strengthens the announcement. He genuinely comprehended the poem’s importance as Henley proposed. McVeigh felt supported in his activities, and acknowledged them. Along these lines, he was unconquerable to the general public that saw him as liable and he would not endure after his passing. He was the chief and ace of his destiny and soul, in any event the manner in which he comprehended the sonnet by Henley. Sonnets have implications profound inside the lines of the refrains. An individual story may even now and again be told without ever conspicuously expressing it, for example, Henley’s wellbeing and the passing of his youngster. Be that as it may, these implications might be found on the off chance that one investigates the idyllic gadgets utilized by the author. In the event that a peruser read this with a denotative mentality, the genuine importance as Henley planned it would not be inferred. Regardless of what one has experienced or how one has endured, one must be unconquerable and liable for their destiny and last fate.

Sense and Sensibility Essay Topics For Free

Sense and Sensibility Essay Topics For FreeYou have probably heard this before, but if you are an aspiring writer you must be careful about your sense and sensibility essay topics, because there are lots of competition out there. This is a very true statement that everyone should remember because you need to give your best work at any cost.There are ways on how you can get the proper sense and sensibility essay topics for your writing. As with anything else, there are free resources and there are places where you can get the things you need for free. In this case, we are going to talk about some free resources that you can use.One thing that high school/college students or people who just starting to write their first writing will likely need is a sense and sensibility writing guide. This is something that all of us need because it can guide us in the right direction and give us tips that we can use. This guide usually contains useful hints and tricks that writers can use so they can be better at what they do.You can also get some free articles by using the internet. If you go online and type in a certain keyword or subject, you will find tons of free information available online. Just keep in mind that not all of these sites are considered to be good. It is important that you know which sites you should trust and which ones you should avoid.You can also get access to some good sources of free materials by using the internet as well. Some of these sites are good and you can benefit from them if you know what you are doing. You can also access to these sites and get access to quality resources, but you need to make sure that you are going to trust the sites you are going to visit so you will get your things at a fair price.The best resource to get for the writing lessons that you need is an actual person or at least someone who has good quality writing skills. These people work as professionals so they can provide you with what you need and you can get these mat erials from the good places where they sell their stuff. Remember, the internet has become a very big place for the writing community so if you are looking for good resources for your own education, you should start looking online.Remember that it is important that you keep an eye on what you are getting and avoid sites that promise you these free resources. Make sure that the site has the proper credentials and that the articles you will get are not stolen content or samples of article writing.These are just some of the resources that you can use to get sense and sensibility essay topics for free. This is something that you should keep in mind, so you will be able to have a very good writing career that you deserve.

Consequences of Ethnicity in Nigeria

Impact OF ETHNICITY IN NIGERIA CHAPTER 1. 0 Presentation Nigeriaâ isâ byâ farâ the generally populated of Africa’s nations, with more than one-seventh of the continent’s individuals. The individuals have a place with a wide range of ethnic gatherings. These gatherings give the nation a rich culture, however they additionally present significant difficulties to country building. Ethnic conflict has tormented Nigeria since it picked up autonomy in 1960. Authoritatively known as the ‘Federal Republic of Nigeria’, she hasâ aâ federal type of government and is separated into 36 states and an administrative capital territory.Lagos, (some time ago the capital of Nigeria) is the financial and social focus situated along the coast, and possessed significantly by the Yoruba-talking clan. It is likewise the country’s biggest city (as far as populace). The legislature moved from Lagos to Abuja in 1991 in the desire for making a national capital where none of the country’s ethnic gatherings would be prevai ling. Theâ land size areaâ of Nigeria is around 923,768 sq km (356,669 sq mi).It was home to ethnically based realms and ancestral networks before it turned into an European settlement. Notwithstanding European contact that started in the sixteenth century, these realms and networks kept up their self-rule until the nineteenth century. The provincial time started vigorously in the late nineteenth century, when Britain combined its standard over Nigeria. In 1914 the British consolidated their northern and southern protectorates into a solitary state called the Colony and Protectorate of Nigeria. Nigeria got autonomous of British principle in 1960.After freedom Nigeria experienced regular overthrows and significant stretches of totalitarian military guideline somewhere in the range of 1966 and 1999, when a just non military personnel government was built up Nigeria is exceptionally wealthy in crude materials like unrefined petroleum, tin, iron and so on yet is exclusively subject to raw petroleum which is a significant wellspring of pay for the nation. While oil riches has financed significant interests in the country’s foundation, Nigeria stays among the world’s most unfortunate nations as far according to capita pay. Oil incomes drove the legislature to disregard farming, bringing about reliance on nourishment importation.Fig 1. 1 MAP OF NIGERIA SHOWING THE 36 STATES 1. 1 The individuals of Nigeria's decent variety, both in â€Å"tongue† and â€Å"tribe† makes it a troublesome district to expose to exact order. This has prompted the propensity among numerous researchers to concentrate on the three significant ethnic or geographic zones in the nation viz the Hausa-Fulani (Northern Nigeria), the Yoruba (Western Nigeria) and the Igbo (Eastern Nigeria). These geographic zones are not at all exclusively involved by the three ethnic gatherings. A plenty of littler socio-ethnic gatherings might be situated in these zones.The highest population densities are in the Igbo heartland in south-eastern Nigeria, in spite of poor soils and overwhelming migration. The seriously cultivated zones around and including a few significant urban areas of the Hausa ethnic gathering particularly Kano, Sokoto, and Zaria in the north are likewise thickly populated. Different zones of high thickness incorporate Yorubaland in the southwest, the focal Jos Plateau, and the Tiv country in Benue State in the south focal district. Densities are moderately low in the dry upper east and in many pieces of the center belt.Ecological factors, including the predominance of maladies, for example, resting affliction, conveyed by the tsetse fly, and chronicled factors, particularly the inheritance of pre-pioneer slave attacking, help clarify these low densities (Encarta, 2009). Table 1. 1: Statistics of Nigeria Population| 138,283,240 (2008 estimate)| Population density| 152 people for each sq km 393 people for each sq mi (2008 estimate)| Urban po pulace distribution| 48 percent (2005 estimate)| Rural populace distribution| 52 percent (2005 estimate)| Largest urban areas, with population| Lagos, 11,100,000 (2005 gauge) Ibadan, 3,570,000 (2007 estimate)Ogbomosho, 861,300 (2007 estimate)| Official language| English| Chief strict affiliations| Muslim, 50 percent Christian, 40 percent Indigenous convictions, 10 percent| Life expectancy| 47. 8 years (2008 estimate)| Infant mortality rate| 94 passings for every 1,000 live births (2008 estimate)| Literacy rate| 70. 7 percent (2005 estimate)| Source: Encarta Encyclopedia (2009) 1. 2 Social issues Wealthâ andâ powerâ areâ distributed unevenly in Nigerian culture. This is because of a few components including debasement, political unsteadiness, and joblessness, in the midst of others.The extraordinary lion's share of Nigerians, engrossed with day by day battles to win a living, have barely any material belongings and minimal possibility of improving their parcel. In the interim, bo ss, rich vendors, government officials, and high-positioning government workers regularly gather and display monstrous riches, which to a degree is normal and acknowledged in the Nigerian culture. A large portion of these first class keep up power through systems of support: They make sure about and appropriate work and get political help in return.The framework takes into consideration some redistribution of pay since benefactors frequently pay for things, for example, school expenses and marriage costs for family members, network advancement, and good cause work. Economicâ inequalityâ has a serious impact on wellbeing, particularly for kids. One-fifth of Nigerian kids bite the dust before the age of five, essentially from treatable sicknesses, for example, jungle fever, measles, challenging hack, looseness of the bowels, and pneumonia. Short of what one-portion of babies are vaccinated against measles, and lack of healthy sustenance influences in excess of 40 percent of kids und er the period of five.Adults are similarly influenced, in spite of the fact that with less dangerous outcomes. Just 20 percent of country Nigerians and 52 percent of urban Nigerians approach safe water. 33% have no entrance to human services essentially on the grounds that they live excessively far from facilities or other treatment habitats. Numerous others can't manage the cost of the expenses charged by facilities. Whileâ averageâ incomes are higher and demise rates lower in urban areas, urban neediness is as unavoidable as provincial destitution. Secure, well-paying occupations are rare, in any event, for those with impressive training. Nourishment is regularly expensive.Housing, as well, is exorbitant regardless of its simple quality, inciting the poor to construct essential houses in shantytowns. Sewage removal frameworks in many urban areas are likewise fundamental or crude, with dirtied streams, wells, side of the road channels, and different waterways expanding the danger of irresistible sickness. Industry, autos, and the consuming of fuel-wood further contaminate air and water. Crime in Nigeria rose in the mid-1990s because of joblessness, monetary decay, and social disparity, which are abetted by wasteful and degenerate police and customs forces.More than half of all offenses are burglaries, thefts, and break-ins, albeit furnished burglaries are likewise noticeable. Nigeria is a significant course for drugs moving from Asia and Latin America to business sectors in Europe and North America. Huge scope Nigerian extortion rings have focused on businessmen in different pieces of the world. Nigeriaâ hasâ beenâ wracked by occasional fierce conflicts among ethnic and strict gatherings since the 1990s. The explanations for these conflicts have differed from neighborhood political questions to clashes between fundamentalist Muslims and Christians or moderate Muslims.In numerous cases, nearby metro or strict pioneers have controlled these contentio ns for political addition. 1. 3 Ethnicity: The Ethnic Composition of Nigeria Ethnicity is a term not effectively characterized and for legitimate comprehension of the idea related terms requires portrayal; an ethnic gathering is viewed as a casual intrigue bunch whose individuals are particular from the individuals from other ethnic gatherings inside the bigger society since they share family relationship, strict and etymology ties (Cohen, 1974). Ethnicism is another related idea used to signify ‘ethnic loyalty’ (Pepple, 1985).The idea of dependability here demonstrates readiness to help and follow up for the ethnic gathering. Hence, ethnic steadfastness or ethnicism as a rule includes a level of commitment and is regularly joined by a rejective mentality towards those viewed as untouchables I. e. individuals from other ethnic gathering (Salawu and Hassan, 2011). Therefore the term Ethnicity can be characterized as the associations among individuals from numerous differ ing gatherings (Nnoli, 1978). Nigeria is a general public with various ethnic gatherings, religions, dialects, societies and institutional arrangements.As a heterogeneous society of a few ethnic gatherings, Nigerians are along these lines described by gatherings, wants, convictions, values, customs, fears and so on. These assorted varieties in national life show in a few different ways including; music, language, culture, move, convictions, religion and so on. The way that more than 300 recognized language bunches exist in Nigeria has made some disarray as one may liken every language bunch with an ethnic gathering (Adejuyibem 1983) and accordingly show up at more than 300 ethnic groups.As Iwaloye and Ibeanu (1997) and Anugwom (1997) have contended, in any case, dialects and ethnic gatherings don't really agree. One language might be spoken by more than one ethnic gathering and one ethnic gathering may have phonetic varieties of a similar root language. Also, while language might be one of the significant elements for characterizing an ethnic gathering, some ethnic gatherings in Nigeria may have lost their unique etymological roots, while holding their personality, because of extraordinary cooperation with bigger socio-ethnic groups.In a similar vein, numerous ethnic gatherings may utilize a similar language to case correspondence, just like the instance of the littler ethnic gatherings in the North of Nigeria, where Hausa has become pretty much a most widely used language. In this way, it has been demonstrated that there is no immediate connection among language and ethnic gathering in Nigeria. In this way, the 56 ethnic gatherings recognized by Iwaloye and Ibeanu (1997) as the current ethnic gatherings in contemporary Nigeria are received. It is I

Tips On Writing An Interesting Analytical Essay Topic

Tips On Writing An Interesting Analytical Essay TopicWriting an interesting analytical essay topic should not be too difficult. If you have the proper attitude, knowledge and skills, you can do it easily. The most important aspect of writing an analytical essay topic is that you have to generate interest in the reader's mind by creating a question or an issue that he or she has the capability to solve.The first step in writing an interesting analytical essay topic is to learn the appropriate grammar. You should master all the basic rules of grammar before you start writing. Good grammar will keep your readers' attention and let them have fun while reading your paper. Good grammar is the key to making your writing interesting. As a result, you can be sure that your essay is unique and there are people who are interested to read it.You are not a creative writer, so you need to make sure that your writing style is grammatically correct. In order to write an analytical essay topic, you n eed to have a good, clear and logical mind. You must have proper comprehension on the concepts that you are writing about.To generate interest in the analytical essay topic, you can try to use a colloquial language or use metaphors. The writing style should follow the rules of grammar because it will develop the grammar rules. If you want to go ahead and write an interesting analytical essay topic, you have to learn all the right techniques.The most important aspect of writing an interesting analytical essay topic is to make sure that you give your readers what they want to read. If you are writing on a certain subject, then you have to know the importance of giving people what they want to read in order to get interested in the topic.If you are writing an interesting analytical essay topic, you have to know the benefits of the topic. The topics must be considered as the beginning of a discussion on a particular subject. After that, the discussion continues by discussing the results of the research or study. After the discussion of the benefits of the topic, the next topic is to discuss the issues that you would have if you were to choose the subject.The next step in writing an interesting analytical essay topic is to include all the important aspects that you consider important. You must include all the aspects that you have researched in order to make your topic interesting. When writing an analytical essay topic, you must know how to write it and so you have to write it correctly, have an attractive style and find a suitable topic.

Macro-Environmental - 3352 Words

Executive SummaryThe macro-environment consists of larger societal forces that affect entire micro-environment. The six forces making up the company’s macro-environment include demographic, economic, natural, technological, political/legal, and social-cultural forces. Companies must constantly watch and adapt to the marketing environment in order to seek opportunities and ward off threats. â€Å"The marketing environment comprises all the actors and forces influencing the company’s ability to transact business effectively with its target market† (Armstrong and Kotler 2003, p.149). In this report, use PEST to analyze macro-environment forces how to impact on PepsiCo in China. As we know, the PepsiCo was the first U.S. company to distribute its†¦show more content†¦According to Chinese government’s regulation, a new bottling plant currently requires about three-year wait for government approval, and concentrate production volume must be re-authorize d annually. In addition, PepsiCo has a global strategy of TV advertising, PepsiCo has included everything from Chinese zodiac animals to Spring Festival couplets in its television commercials. This approach, combined with relatively long advertising history in the country has made Pepsi Cola the most recognized soft-drink brand in China. However, government’s policy and regulation can also impact on the company’s market strategy. Being a communist country, in China, although people now are very much free of expression in ordinary life, there is still no free media. The media is still very controlled by the government and there is always the risk of having more regulations especially to foreigners. †¢The economic environmentThe health of the economy influences how much consumers spend and what they buy. Consumer buying plays an important role in the economy’s health—indeed, consumer outlays make up some two-thirds of overall economic activity. According to Boone and Kurtz (n.d.), economic environment consists of those factors that influence consumer buying power and marketing strategies. They include the stage of business cycle, inflation, unemployment, resourceShow MoreRelatedMarketing Micro and Macro Environmental Factors1669 Words   |  7 PagesMacro and micro environments both fall into the categories of environmental scanning. The general scope of environmental scanning is that it is a component of global environmental analysis. While anal yses are typically carried out on the macro environment, the micro environment still has an important role to play. In summary, the macro environment is involved with the industries, companies, markets, clients and competitors, while the micro environment can be represented by the suppliers, competitorsRead MoreMacro Environmental Factors of Ge613 Words   |  3 PagesGeneral Electric has invested in as they vary in terms of resources available. Among the countries with the highest rate of technology advancement are United States and Japan which General Electric has ventured into (General Electric, 2009). e) Environmental- f) Legal- Conclusion As a result of multinational companies having to deal with different sets of political, economic, social-cultural and technological aspects, designing a PEST analysis exclusive to General Electric was almostRead MoreMacro-Environmental Analysis for Marketing1882 Words   |  8 Pagesappropriate strategy to implement. A market by definition and be surmised at being â€Å"the set of all actual and potential buyers of a product† (Kotler, 1998). The yoghurt market consists of all the actual and potential buyers of yoghurt products. The macro-environment consists of six types of forces economic, demographic, cultural, natural, technological and political. â€Å"Vital Foods† must ensure that they take into account the trends, changes and alterations in these environments which can both pose threatsRead MoreNike Macro Environmental Analysis Essay699 Words   |  3 PagesPA1: Nike - Environmental Marketing Analysis Mahendranath Gunti BUS 510 - Marketing Management Westcliff University Instructor: Dr. Geraldine Goodstone Nike is a global brand headquartered in the United States, Europe, and the Asia Pacific region, specialized in the manufacturing of athletic apparel, footwear, accessories and equipment. Nike products can be found in over 20,000 retail stores. This paper focuses on the six macroeconomic factors (political, Economic, Social, Technology, LegalRead MoreMacro-Environmental Analysis of Us Market3959 Words   |  16 PagesMacro-Environmental Analysis of US Market Clothing Fashion Industry Demographic Forces Current Population Size 315,736,331 Population Density 88.08 inhabitants per square mile (34.01km2) Population as at 9.33am AEST 25th April 2013 - http://www.census.gov/popclock/ Density - http://en.wikipedia.org/wiki/List_of_U.S._states_by_population_density Population Distribution Major City Population New York-Newark 19.3 million LA-Long Beach-Santa Ana 12.675 million Chicago 9.134 million Miami 5.699Read MoreAn Important Macro-Environmental Force in Vietnam5715 Words   |  23 PagesQUESTION 1: An important macro-environmental force on companies is the social/cultural environment, particularly in international markets. Imagine that you are to offer a seminar on the social/cultural environment of Vietnam to foreign businessmen and marketers. Discuss at least three elements of the cultural environment that foreign businessmen should be aware of when doing business in Vietnam. 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While in Alaska, he met a man named Carl Wallin, â€Å"who owned a shoe repair shop in downtown Seattle† (Nordstrom Employee, 2006). The two decided form a partnership and open a shoe store entitled Wallin amp; Nordstrom. Right form the start, the business philosophy was â€Å"based on exceptional customer service,Read MoreSingapore Airline Macro Environmental Factors1083 Words   |  5 PagesDIPLOMA IN MANAGEMENT STUDIES (FULL TIME) 39TH INTAKE/ SEMESTER 1 (JULY 2012) BUS001-ENGLISH FOR BUSINESS LECTURER: EMILY PAKIVATHY D/O PAUL THIYAGARAJ CA1 NAME: NWE NI HLAING FIN NO: G1157533T CLASS: D SECTION A: PARAGRAPH WRITING 1) SECONDARY SCHOOL STUDENTS 2) WORKING ADULTS IN THEIR 30S SECTION B: CRITICAL REPSONSE TO AN ARTICLE 1) EXPLAIN THE ARTICLE’S THESIS 2) CRITICAL RESPONSE TO THE ARTICLE’S IDEAS SECTION A Question 1 As a secondary student, you may wonderRead MoreExternal Macro Environmental Factors of the Starbucks Brand1067 Words   |  5 PagesAleishia Wiley 07/11/2011 Marketing Fundamentals External Macro Environmental Factors of the Starbucks Brand It’s been 40 years since Starbucks was founded in 1971, and a lot has changed since they first opened their doors as a small store front is Seattle’s Pikes Place Market. 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Political Parties And The Democratic Party - 984 Words

When looking at the history of US political parties, and classifying these parties into distinct party systems, five separate periods emerge leading up to the current party system. When classifying these party systems, it is important to look at characteristics such as the number of major parties, how these parties seek to gain support, and how the parties organize themselves. The earliest American parties were relatively centralized organizations that represented elite level concerns. They formed mainly at the national level, with low levels of grassroots connections. The first national party to come to prominence was the Federalist Party, who were opposed by the Democratic-Republican Party. The main cleavage that divided these parties was the degree to which the federal government should be centralize power. With the Federalist Party arguing for a stronger role and the Democratic-Republican Party supporting greater rights for the states. Both the modern day Democrats and Republica ns are the result of a fracturing of the Democratic-Republican Party. Internal conflict caused by the expansion of the country and the issue of slavery caused the party to split and form the Democrats and with the remaining faction joining with the Whig Party to Oppose the Democrats. Further division on slavery caused the Whigs to also fracture, giving rise to the Republican Party, who arose as the anti-slavery faction of the party. During the period following the US Civil war, strong regionalShow MoreRelatedPolitical Parties And The Democratic Party Essay1340 Words   |  6 PagesIntroduction: Originally political parties were seen as skeptical by our Founding Fathers and therefore opposed. However, today our government has political parties. Political parties attempt to gain control of the government and influence its decisions. The two most influential parties in American government are the Republican and Democratic Party. These two parties have very contrasting beliefs which they present in their platforms. Democrats believe in â€Å"the need for intervention by governmentRead MorePolitical Parties : The Democratic Party954 Words   |  4 PagesKelly Kidwiler Table 3 Essay on political parties September 19, 2015 The Democratic Party today is facing many problems many of which, can be overcome. As the head of the Democratic Party I have solutions to the problems that we face as a party. The main obstacles that we face today include: increasing our voter turnout, attracting new millennial voters and securing the Latino vote in the upcoming election. If these issues are addressed we are on track to have a very successful election. TheRead MoreThe Political Party At The Democratic Party1264 Words   |  6 PagesInternet Assignment Political Party Research: 1. I am attracted to the Democratic Party. I took the political party quiz and answered the questions as honestly as I could. I found the questions to be very interesting and versatile. After viewing my results I looked into The Green Party some more. I am basically an environmentalist and believe taxes are affecting the lower classes and something needs to be done about it. I agreed with all of these issues. 2. The top 5 issues are jobs, families, healthRead MorePolitical Parties And The Democratic Party2072 Words   |  9 PagesEssay Throughout U.S. history there have been two political parties who compete against each other, in order to run the nation. These political parties are known as the Republican Party, commonly known as the Grand Old Party, and the Democratic Party. Each party has a symbol of representation, in particular the elephant symbolizes the Republican Party. Thomas Nast created this symbol to portray that the Republicans are strong and dignified. The party was founded through antislavery activist and theRead MorePolitical Parties And Democratic Parties1358 Words   |  6 PagesThe political party is an organization of people who share similar ideas about the way the country should be governed. Political parties perform important tasks in government. In fact, â€Å"political parties select candidates and check the other party. Political parties also inform the public. Most importantly, they organize the government† (Political Parties, n.d.). The history of U.S political parties begins with the Federalists and their opponents the Anti-Federalists who became the Democratic-RepublicansRead MorePolitical Parties And Democratic Parties2752 Words   |  12 Pages â€Å"A political party is defined as an organised group of people with at least roughly similar political aims and opinions, that seeks to influence public policy by getting its candidates elected to public office,† (Roles and Definition of Political Parties). A person’s opinions on certain issues helps categorize them into a party. There are many different political parties in the United States today, such as the Liberation Party, the Green Party, and the Independent Party. The two major politicalRead MorePolitical Parties Of The United States : The Democratic And Republic Parties915 Words   |  4 Pages There are two main political parties that dominate politics in the in the United States: The Democratic and Republic Parties. It turns out that these two political parties are opposed to each other on a wide range of issues that affect American public life. Unfortunately, many Americans are unaware of these differences between the two parties and tend to vote their officials into office in an uneducated manner. This often results in the political gridlock that often characterize government businessRead MoreThe Political Positions Of The Democratic And Republican Parties Essay1620 Words   |  7 PagesThis comparison will be examining the differences between the policies and political positions of the Democratic and Republican parties on the major issues that or government is having such as the healthcare, the role of government, gun control, entitlements, immigration, taxes, abortion and gay rights and many other issues that or country is going throw. These two parties are the most powerful in America s political landscape but differ greatly in their philosophies and ideals. In which DemocratRead MoreThe Democratic Party Is One Of The Two Major Contemporary Political Parties1316 Words   |  6 PagesThe Democratic Party is one of the two major contemporary political parties in the United States, they believe in Equality, freedom of speech, clean environments they also support health care and women’s right to choose. If one was going to choose to run for the United States Senator there are many hurdles you have to go through before you even start the process of being nominated, organizing the campaigns and even mobilizing it to be heard. Becoming a senator like much of anything takes a good

Managing Financials Resources and Decisions

Question: Write an essay on "Managing Financial Resources and Decisions". Answer: Budget is anticipation and preparation of statements in order to plan and control the revenues and costs of products so that the business can achieve is desired goals. Master budget is a set of forecasted and planned financial statements and schedules prepared for the entire company (Ahmad 2015). On the other hand, functional budget is a statement of incomes and expenditures plan for the operating department of an organization. Sales budget of an organization is an evaluation and measurement of the sales forecasted in terms of price and units that are considered by the products, geographical region, sales period and marketing channels (Lawson et al. 2015). Selling and distribution expenses budget is a statement that presents the expected, forecasted expenditures related to salaries and commission to the sales department of the organization, and other marketing and sales related cost forecast like transportation charges, fright and carrier charges, warehousing or storage costs etc is presented in this statement (Weygandt, Kimmel and Kieso 2015). Research and development cost budget is presentation of the costs related to the research and development of products of the company. This expenditure is a non-recurring expenditure and is incurred before the start of manufacturing process for the design and development of the products (Ahmad 2015). This statement presents costs related to the cost of manufacturing, designing of products, labor costs, executive compensations etc are determined. Production or manufacturing costs budget presents the planned and anticipated costs and quantities related to the production and manufacture of products in order to meet the supply and market demand in the industry so that the company can achieve its targeted goals. The statement also presents the units and costs of raw materials, work in progress limitations, labour costs in relation to production, cost of manufacturing machines and equipments are also presented (Lawson et al. 2015). Capital budgets is an important functional budget statement as the entire operation of the business primarily depends on the capital structure employed or to be employed by the company (BoyabatlÄÂ ±, Leng and Toktay 2015). This statement presents the mode and structure of capital components that the company plans to employ for the operation of its business. Apart from the above tools, administrative budget, labor budget, cash budget are also important tools that help in the decision making process in an enterprise. Hence, it can be said that the master budget helps the owner or entrepreneur in the decision-making process if the above stated parts of the financial and production budget is prepared and determined properly. Example of a sales budget is present as under: Company XYZ limited Sales budget Third quarter 2016 Partiulars Budgeted units to be sold Budgeted sales price per unit ($) Budgeted Total sales price June 2016, Actual (assumed) 600 150.00 90,000.00 July 2016 750 150.00 112,500.00 August 2016 1050 150.00 157,500.00 September 2016 1000 150.00 150,000.00 Total for third quarter 2,800 420,000.00 From the above example it is observed that the forecasted sales budget for the third quarter month July is the lowest compared to other months hence the management can take steps to increase the sales units. Unit cost is the cost of one product produced and sold by the organization when it produces the huge number of same and identical units. The unit cost is determined from the variable and fixed costs of the products involved in manufacturing process (Javid et al. 2015). The fixed cost is a non-recurring cost that comprises of the cost of manufacturing equipments, plant or factory rent, research and development costs etc. whereas the variable cost comprises of direct materials, direct labor cost, and direct expenses in relation to production process. The following formula can be used for the computation of unit cost: (Total fixed cost+ total variable cost)/ Total unit produced For example, company XYZ has direct material costs $1,000, direct labour costs $1,050, equipment cost $10,000, direct expenses $2,000 and units produced 2,000. Total variable cost: Direct material $1,000 Direct Labour $1,050 Direct Expenses $2,000 Total variable cost $4,050 Total Fixed cost $10,000 Units produced 2,000 Therefore, unit cost is ($4050 + $10,000)/ 2,000 = $7.025 Different types of pricing strategy are used by the organizations in order to sell the goods and services so that the revenue generation and profitability of the business can be maximized. The pricing strategies are also used to obtain the market share of the industry in terms of consumers demands and supply of the products (Chandar and Tchamkerten 2015). The different types of pricing strategy use in the business are as follows: Premium Pricing is a strategy in which the owner fix the price of the product more than the price of competitors that can be used if the product is new in the market or unique to the consumers or it has some distinctive features (Crott et al. 2016). The entrepreneur uses Penetration Pricing for the products by establishing low price in compared to the competitors in order to capture the market share and to attract the buyers. This strategy is used to make the products more saleable with lower sale price so that the business can sustain in the market and maximize its revenue in the long run (Javid et al. 2015). Price Skimming is a process that is used by the owner as a competitive advantage to earn maximum turnover before the competitors offer similar or identical products. Under this strategy the pricing is fixed for the new and varieties of products by constant change in the design and technology to attract the consumers (Crott et al. 2016). Psychological Pricing is commonly used by the producers and manufacturers that provides a small incentives to the consumers but makes huge psychological impact on their minds in order to purchasing the products for example, price of product at $199 will attract customers instead of pricing at $200 (Chandar and Tchamkerten 2015). Payback is a period that is required to retrieve the cost of investment that is considered in the business operation so that the determination of profitability can be done. The payback period should not be longer as the longer recovery period implies the less or slow recovery of cost of investment that is not fruitful for the companys growth and is computed by dividing cost of project by annual cash inflows (Orioli and Di Gangi 2015). Whereas net present value is determined as the difference between the project outflows in the first year and the present value of cash inflows projected for a particular period (Winkler 2015). Calculation of payback period for the data provided in the assignment: $1,850,000/ $(250000+ 350000+ 500000+ 500000+ 450000) =$1,850,000/ $2,050,000 = $0.902 year i.e. 1 year approximately Calculation of NPV Year SG $ Discounting factor @15% Present value 0 (1,850,000.00) 1 (1,850,000.00) 1 250,000.00 0.869 217,250.00 2 350,000.00 0.756 264,600.00 3 500,000.00 0.658 329,000.00 4 500,000.00 0.572 286,000.00 5 450,000.00 0.497 223,650.00 NPV (529,500.00) From the above calculation, it can be interpreted that the payback period of the project as per finance assistant of Spring ltd. is around 1 year that is the expected period to recover the cost of companys investment. While NPV determination shows that, the project is incurring negative NPV and the project should not be considered. However, in case of payback period, only the cost recovery period is measured and not the profitability hence, if the profitability is ignored then the company can go ahead with the project because the period of cost retrieving is quite decent that is one year. However, if the company is more inclined for profit earning then it should not take up the project as it is showing loss with the five years of cash inflows. Trading Account is an initial part of the financial statements for an organization that discloses the gross profits or losses of goods and services incurred. Trading account is comprised of direct incomes, expenditures, and inventory for trading profit and loss determination during the period of accounting and transferred to the profit and loss account. The main purpose of the trading account is to measure the sales turnover of the products with the cost of goods sold including inventories (Brown 2016). Profit and Loss Account is the second step of the financial statements that represents the net profit or net loss of the business in an accounting period and the balance of the profit and loss is transferred to the balance sheet statement of the company (Biddle 2015). Profit and loss account is prepared by considering all the indirect expenses and incomes on accrual basis of accounting along with recording the trading gross profit or loss and is prepared in two parts- above the line items and below the line items. Above the line items of profit and loss account consists of the incomes and expenses that are directly related to the business while below the line items are the appropriation of profits (Minnis and Sutherland 2015). In the context of accounting, profit and loss accounting is also known as Income Statement that measures the financial performance of the enterprise at the end of the financial year. The income statement is prepared by recognizing the operating and non- operating incomes and expenditures for the determination of net incomes and losses (Bostwick, Lambert and Donelan 2015). Another difference is that the profit and loss account is prepared for the organizations involved in trading and manufacturing sector while income statement is prepared for the service sector and individuals. Balance Sheet is a statement of financial accounting that represents the financial position of the enterprise at the end of the accounting period in order to measure the balance of assets and liabilities the company is employing. The purpose of the balance sheet is to disclose and obtain the information about the companys total capital balance at the end of the accounting period and the values the company owns and owes which is a statutory requirement for the benefit of investors, shareholders and government (Yeh et al. 2016). A. In the books of Famous Travels Financial statement for the year ended 31st December 2015 Account Number Particulars Amount SGD Amount SGD Profit Loss Account/ Income Statement 410 Ticket Sales 3,500.00 401 Client Fees 100.00 Total Income (A) 3,600.00 Less: Expenditures: 501 Advertisement Expenses 1,000.00 510 Maintenance Expenses 350.00 520 Rent Expense 2,000.00 530 Utilities Expenses 450.00 Total Expenditures (B) 3,800.00 Net Income/ Loss (A-B) (200.00) Statement of Financial Position Assets Non- Current Assets: 120 Computer Equipment 1,250.00 130 Office Equipment 300.00 Total non- current assets (A) 1,550.00 Current Assets: 105 Account Receivable Hague's Market 250.00 110 Account Receivable Yopp Co. 750.00 101 Cash 17,500.00 Total current assets (B) 18,500.00 Total Assets (A+B) 20,050.00 Capital and Liabilities: 301 Matt William, Capital 20,000.00 305 Less: Matt William, Drawings (500.00) Add: Net Income/ Loss (200.00) Total Capital (A) 19,300.00 Liabilities: 201 Account Payable First City Press 500.00 205 Account Payable Kens Office Supplies 250.00 Total liabilities (B) 750.00 Total Capital and Liabilities (A+ B) 20,050.00 Reasons and evidence: The financial statement for Matt William has been prepared in accordance with the Singapore Financial Reporting Standards and consisted of income statement/ profit and loss account and statement of financial position (Bostwick, Lambert and Donelan 2015). The above financial statement prepared for the travel agency owner who is a single shareholder of his company, therefore capital is measured by considering the investment by Matt William, drawings and net loss incurred during the year (Yeh et al. 2016). B. In the books of M/s Zara Textiles Financial Statement for the year ended 31st December 2015 Particulars Amount SGD Amount SGD Trading Account Sales (A) 3,686,000.00 Less: Cost of goods sold Opening Stock 63,650.00 Textile Purchases 2,256,000.00 Carriage Inwards 178,200.00 Wages 325,000.00 Total cost (B) 2,822,850.00 Gross Profit/ (Loss) (A-B) 863,150.00 Profit and Loss Account Gross Profit b/d (A) 863,150.00 Less: Indirect Costs during the year Salaries 104,000.00 Rent 126,000.00 Printing and Stationery 74,650.00 Advertisements 86,000.00 Total Indirect Costs (B) 390,650.00 Net Profit/ (Loss) (A-B) 472,500.00 Statement of Financial Position Assets Non- Current Assets: Office Building 423,450.00 Machinery 569,000.00 Motor Vehicles 210,000.00 Total Non- Current Assets (A) 1,202,450.00 Current Assets: Trade Debtors 208,000.00 Cash 26,000.00 Bank 119,000.00 Total Current Assets (B) 353,000.00 Total Assets (A+B) 1,555,450.00 Capital and Liabilities Total Capital: Capital 250,000.00 Retained Profit 652,950.00 Add: Net Profit 472,500.00 1,125,450.00 Total capital employed (A) 1,375,450.00 Liabilities: Trade Creditors (B) 180,000.00 Total Capital and Liabilities (A+ B) 1,555,450.00 The above financial statement has been prepared in accordance with the Singapore Financial Reporting Standards and on accrual basis of accounting. The format of financial statement differs in both the task (A) and (B), because the financial statement in first task has been prepared for a sole proprietorship business engaged in providing travelling services, hence trading account for the same cannot be prepared. Whereas in case of second task the financial statement prepared is for a company engaged in textile manufacturing business that involves in manufacturing and trading business and therefore trading account is a first step of financial statement that is to be prepared. Computation and analysis of ratios based on the financial statements of Xylo Pte Limited for the financial years ended on 31st December, 2013 and 2014: Calculation of ratios Financial statements of Xylo Pte Ltd For the year ended 31st December 2014 2013 1 Gross Profit Ratio: Gross Profit (A) 208,000.00 180,000.00 Net sales (B) 836,000.00 784,000.00 Ratio = A/B*100 24.88 22.96 Analysis: This states that the company is earning a gross margin of 24.88% in 2014 and 22.96 in the year 2013. It implies that the company can decline its sales price by 24.88% and 22.96% respectively. 2 Net Profit Ratio: Net Profit after tax (A) 68,000.00 52,000.00 Net sales (B) 836,000.00 784,000.00 Ratio = A/B*100 8.13 6.63 Analysis: Net profit ratio interprets the total profit earned by the company in terms of percentage. High percentage of net profit indicates the efficiency of company to generate total profit. 3 Return on Capital Employed: Earnings before interest and tax (A) 116,000.00 100,000.00 Capital Employed (Total assets- total current liabilities) (B) 632,000.00 636,000.00 Ratio = A/B*100 18.35 15.72 Analysis: Return on capital employed states the efficiency of earning on the cost of capital invested by the company. In the given case, return on capital shows the efficiency of earning on capital, as return on both the years is high. 4 Current Assets Ratio: Current Assets (A) 296,000.00 340,000.00 Current Liabilities (B) 184,000.00 260,000.00 Ratio = A/B 1.61 1.31 Analysis: Current ratio of a company states the availability of working capital funds in order to meet the obligations and it should be more than one. In case of Xylo ltd., the current ratio is above the industrial standards and hence it is efficient in paying off the current liabilities. 5 Quick Assets Ratio: Current Assets- Inventory (A) 128,000.00 192,000.00 Current Liabilities (B) 184,000.00 260,000.00 Ratio = A/B 0.70 0.74 Analysis: Quick Assets Ratio states the efficiency of an organization in meeting its liabilities excluding inventories and this ratio should also be more than one. In the given case, the ratio is less than one in both the years 2013 and 2014; therefore, the company is required to improve its working capital funds. 6 Trade Receivable Period: Average Accounts Receivable (A) 150,000.00 92,000.00 Total sales per day (B) 2,290.41 2,147.95 Period in days(A/B) 65.49 42.83 Analysis: Trade Receivable Period is the period that indicates the length of the credit period a company can allow in terms of credit sales. From the given calculation, it can be observed that the company can allow around 65 days of credit in 2014 and 42 days in 2013. 7 Trade Payable Period: Total Purchases (A) 648,000.00 636,000.00 Average Accounts Payable (B) 332,000.00 260,000.00 Period in days(A/B) 1.95 2.45 Analysis: Trade payable period determines the "number of days" a company is paying off its purchasers or creditors. The above calculation shows that the company was paying off its creditors in 2 days in the year 2014 and 2.5 days in 2013 (approximately). The information that are required by different decision makers are the elements of financial statements, that is profit and loss account elements, cash flow information, capital structure, profit earned, assets and liabilities and other relevant information (Im and Choi 2015). Ratio analysis helps in decision-making process as it involves different types of components in the calculations. 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