Tuesday, August 25, 2020

My Brother the Drunk Essay -- Descriptive Essay Examples, Observation

My Brother the Drunk       As he strolled past me, I looked up at him bashfully. I investigated his eyes, acknowledging they were actually similar to mine. Rapidly I moved my look to the floor, not having any desire to look. It wasn't generally this cumbersome between us, yet something had changed.       My sibling stood tall a couple of feet before me. He was practically transcending, and I felt myself become exceptionally anxious. With his head held high, he strolled over to me. He asked how I was doing; I disclosed to him that I was fine. My sibling flipped his head in a presumptuous way, as though to stress his ear-length hair. I furtively feigned exacerbation. Making casual discussion, I asked him how school was going. He answered that it was incredible and that every one of his educators adored him. He likewise remarked on how he may be playing baseball for his school again this year. I grinned and said that that was awesome. He didn't try to approach how school was going for me. Feeling abnormal, I disclosed to him that I needed to run. We said our farewells and he started to leave. As he left, I saw the manner in which he strolled. It was certainly not a typical walk. It was a walk that told everybody's consideration. It was a consistent step. W ith his shoulders back and head up, I could tell that everybody at the supermarket was watching him. Shockingly, so would he be able to.       As youngsters, my sibling and I were close. All things considered, as close as a sibling and sister can be. We played together constantly, and he generally tucked me into bed around evening time. Now and then, when I was frightened of the dim, he would take the entirety of my plush toys and encompass me with them. In grade school, he was defensive of me. He generally ensured that nobody was ... ...get him. He began to shout and holler at me. You fail to help me, he said. I gave the telephone to my father, and he disclosed to my sibling that he would get him. My sibling was distraught at me for quite a long time.       Along with a disposition, my sibling had built up a sense of self issue. He would remain at the washroom reflect, disclosing to himself how ravishing he looked. Moving his head to and fro, he remarked on how he had no terrible edges. He began to boast about undermining his sweetheart. I was unable to remain to associate with him any longer.       He at long last chose to move out two or three months back. He didn't bid farewell to me. My mom disclosed to me he was leaving. From that point forward I can scarcely converse with him. Things have gotten so stressed between us. I see him to a great extent, and I wish that things hadn't changed to such an extent. My Brother the Drunk Essay - Descriptive Essay Examples, Observation My Brother the Drunk       As he strolled past me, I looked up at him meekly. I investigated his eyes, acknowledging they were actually similar to mine. Rapidly I moved my look to the floor, not having any desire to look. It wasn't generally this cumbersome between us, yet something had changed.       My sibling stood tall a couple of feet before me. He was practically transcending, and I felt myself become anxious. With his head held high, he strolled over to me. He asked how I was doing; I disclosed to him that I was fine. My sibling flipped his head in an arrogant way, as though to underscore his ear-length hair. I subtly feigned exacerbation. Making casual banter, I asked him how school was going. He answered that it was extraordinary and that every one of his educators adored him. He likewise remarked on how he may be playing baseball for his school again this year. I grinned and said that that was brilliant. He didn't try to approach how school was going for me. Feeling peculiar, I disclosed to him that I needed to run. We said our farewells and he started to leave. As he left, I saw the manner in which he strolled. It was definitely not a typical walk. It was a walk that instructed everybody's consideration. It was a consistent step. With his shoulders back and head up, I could tell that everybody at the market was watching him. Shockingly, so might he be able to.       As kids, my sibling and I were close. Indeed, as close as a sibling and sister can be. We played together constantly, and he generally tucked me into bed around evening time. Once in a while, when I was terrified of the dull, he would take the entirety of my soft toys and encompass me with them. In grade school, he was defensive of me. He generally ensured that nobody was ... ...get him. He began to shout and holler at me. You fail to help me, he said. I gave the telephone to my father, and he disclosed to my sibling that he would get him. My sibling was distraught at me for a considerable length of time.       Along with a disposition, my sibling had built up a conscience issue. He would remain at the restroom reflect, disclosing to himself how perfect he looked. Moving his head to and fro, he remarked on how he had no terrible edges. He began to boast about undermining his sweetheart. I was unable to remain to associate with him any longer.       He at long last chose to move out several months prior. He didn't bid farewell to me. My mom revealed to me he was leaving. From that point forward I can scarcely converse with him. Things have gotten so stressed between us. I see him to a great extent, and I wish that things hadn't changed to such an extent.

Saturday, August 22, 2020

Ledbury Restaurants Case Study on Business Decision Making

Questions: Situation An eatery network intends to open its second café in London. To guarantee this is a reasonable move, the investors are quick to comprehend the market. In this way you are approached to complete an arranged information assortment and information investigation to help the top managerial staff in understanding the client estimating preferences.(e.g. pay value, age cost) Undertaking 1 Report on Data Collection and Analysis, In this report; Create an arrangement for essential and auxiliary information assortment with introducing the study technique examining outline utilized Design a poll to gather information and give a legitimization to its plan Collect information and sum up the gathered information utilizing agent esteems Analyze the gathered information utilizing proportions of scattering. You should have the option to utilize the examination of the valuing inclinations to advise and bolster dynamic. Complete appropriate estimations to reach helpful and reasonable determinations and give substantial proposals. Your figurings must incorporate quartile, percentiles and the relationship coefficient. Clarify how these figurings helped you to reach valuable inferences. Undertaking 2 Set up a Business Presentation and a conventional Business Report to disperse data adequately which incorporate; The discoveries which ought to be utilized to make legitimate inferences .You should utilize spreadsheet programming for all figurings and join diagrams and charts(line,pie,bar chart,histogram,scatter ) to plainly and viably present the discoveries. Pattern lines in diagrams to help with estimating for determined business data. For instance, this may incorporate people groups eating practices additional time and inclinations against regular changes. A business introduction to disperse data viably Prepare a proper Business Report to be introduced to the top managerial staff Use fitting data handling devices to break down the data Plan for the undertaking, distinguishing applicable CRITICAL PATH, PERT, GANNT Chart, to actualize a business procedure and the proposals you are recommending from your discoveries. For instance, a business procedure to serve clients (It is fundame ntal to utilize proper undertaking managementsoftware) Different money related apparatuses, for example, limited income, net present worth and IRR capacities to assess the monetary practicality of the proposed suggestions Answers: Presentation In the contemporary business situation dynamic is especially depend o upon the essential and the optional type of research. As the ledbury is one of the main eateries who are willing on the development of its cafés chain for that the examination is been led. The examination will concentrate on the arrangement for the gathering information for the opening of new chain of cafés for the ledbury (Cleland and King, 2008). Aside from that, the examination will likewise centers around the different type of information assortment all together indicate the plausibility of the undertaking. With the assistance of different diagram and graphs, the dynamic of the opening of cafés chain in London will be a lot of conceivable over the UK. Errand 1 Plan for gathering essential and optional information Essential information assortment: For essential information assortment a few clients from the different eateries and the guests at Trafalgar square are being consider, the essential for of information will be gather by means of on field study poll inside the London. Essential information assortment is a lot of required for the direct assortment of information so as to comprehend the need of the buyers (DeCarlo, 2010). Auxiliary information: Secondary types of information are gathered through web look into, web journals, online networking, organization yearly report and the different sources. Aside from that, optional wellsprings of information is a lot of supportive in c assembling the informations about the exploration which is to gather the development about the current cafés and their piece of the pie inside the business (Gido and Clements, 2012). Optional information additionally organizations of different types of diaries, paper and magazines. Review Methodology Examining the inspecting here would be utilized as clients and the director of the popular eateries in London. With the assistance of 55 client based the 5 administrator would fulfilled the essential research. The review procedure would be sued here is quantitative and subjective type of overview (Ferraro, 2007). For subjective, auxiliary structure, information would be utilized from the current organizations and for the quantitative information is gathered on recorded survey. Plan a survey to gather the information a. How regularly do you visit the eatery? Choices No of respondents All out respondents Reaction % Most recent multi week 12 55 22% Most recent multi month 16 55 29% Most recent 1 year 8 55 15% Over 2 years 10 55 18% Over 5 years 9 55 16% Diagram 1: visiting the cafés From the abovementioned, it has been discovered that, with over 23% members visits each week cafés for the eatings. In any case, around 29% of respondents go eateries with consistently. The above situation clarifies that consistently every individuals visit the café for eating. London is known for the assortment of treats and the individuals are known or the quality eating and living (Barker and Chitty, 2009). With the ascent in the eateries business very shows that shopper are eager to taste the distinctive for the indulgences and visit casual route or for events, which in both condition fulfills the idea of eating out. b. What are the elements that impacts you towards the cafés? Choices No of respondents All out respondents Reaction % Administration Quality 18 55 33% Brand Value 10 55 18% Mood 13 55 24% Cost 9 55 16% Others 5 55 9% Diagram 2: factors that impact the customer towards the cafés Around 18% of respondents are a lot of value inclination instead of cost. Furthermore feels association with vibe must be perfect and clean as opposed to food quality with 24%. From the above , it has been discovered that the vast majority of the client are being viewed as nature of food as their first inclination among the other in light of the fact that the individuals living in London are a lot of known for their costly way of life and their affection for quality rarities are been known around the world (Barlow, 2009). As the cafés supervisor, it is a chance to offer a quality food rather at esteem pricings. For valuing, organization will utilize entrance pricings. c. What kind of eating do you like? Alternatives No of respondents Complete respondents Reaction % Chinese 14 55 26% French 9 55 16% Italian 11 55 20% Customary (British) 17 55 31% American 4 55 7% Diagram 3: Type of eating do you like Around 26% of the individuals of London are found of Chinese as opposed to different delights. Aside from that, the second best food, which has enjoyed my the greater part of individuals, was French in London. This shows, ascending in Chinese rarities is been one of the significant pattern which has been trailed by the world (Bates, 2009). The Chinese food was casted a ballot most best food internationally by the Forbes magazines. d. What time you want to visit an eateries? Choices No of respondents All out respondents Reaction % Break quick 11 55 20% Lunch 19 55 34% Supper 25 55 46% Diagram 4: Time for visiting the eateries From the abovementioned, around 34% of the respondents are being wanted to ate out instead of eating or supper. Besides, organization utilizes lunch as their departure course to visits the cafés. As eating propensity is especially has been known for quite a long while. Feast out is one of the significant claim to fame which has been trailed by the age in English (Carpenter and Fairhurst, 2009). As contrast with different suppers, the majority of the English love to have feasted out on account of the wild timetables and the bustling existence of the Cockneys. e. How would you incline toward your food most? Choices No of respondents All out respondents Reaction % Basic 14 55 25% Made 16 55 29% enhanced 8 55 15% Prepared 10 55 18% Bubbled 7 55 13% Diagram 5: inclination of your food From the abovementioned, around 29% of respondents feels should, be crafter feast consolidate to other significant food introducing process. Aside from that, other significant eateries goers needs their food in the basic path as opposed to seasoned. Sum up the information utilizing the qualities For quantitative type of survey, youthful grown-ups with the age of 15-45 and pay acquiring of picked respondents from the 5000 every month has been decided for the task at the spots like Trafalgar square and different eateries like Bread kitchen, Heston Blumenthal and Barbeoa (Entrepreneur, 2015). Aside from that, there are two significant accessible has been thought of while gathering the information first Age and second is Income before affirming the information. The gathered information will be taken by means of non-likelihood inspecting. The internet testing will be non-likelihood examining. Client investment will be founded on likert scale. Dissect the outcomes Proportion of scatterings Age Populace Under 18 9 18-25 21 25-35 45 35-45 19 More than 45 6 Chart 6: Total picked populace test Mean Salary = 15, 20, 21, 20, 36, 15, 25, 15 Total of these 8 qualities is 167, so the mean is 167/8= 20.875 The above outcomes shows that, the picked age bunch has is 15k to 36 k. The picked age g

Sunday, August 2, 2020

Understanding Operating Capital (+Examples)

Understanding Operating Capital (+Examples) THE COMPLETE GUIDE TO UNDERSTANDING OPERATING CAPITALDoes your business have enough cash flow to overcome cash crunch worries? Most businesses fail, simply because they don’t have enough cash flows.While productivity and efficiency are both important, there is nothing like falling behind in terms of cash flows, and something that you would want to avoid.Capital is an important resource in a business setting and enables the firm to continue its operations. Capital can include physical items like raw materials, equipment, plants as well as human resource capital.Anyone with even the slightest idea of how businesses work knows the importance of capital in running an organization.The PWC’s 2018-19 Working Capital Report, for instance, talks about how businesses are finding it harder to convert cash, and how the working capital has only improved minutely for many businesses.Another report, by FTI Consulting, talks about how Australian businesses have seen their working capital decline by as much as 4% in the last five years.Today, we will explore a category of capital that businesses need to meet their daily expenses and maintain their operations.It is called operating capital, and this post will attempt to make you aware of the implications of operating capital.WHAT IS OPERATING CAPITAL?Operating capital is the capital required by a business to run its daily operations.Also known as working capital, it includes the available raw materials and financial resources.All of the resources together is called the operating capital.Operating capital represents the ability of a company to meet its production targets and other short-term obligations.If a company fails to generate adequate operating capital, then the business operations will be affected negatively.For this reason, you can use operating capital to gauge the short-term financial health and operating efficiency of an organization.For example, consider a company which manufactures sports shoes.To continue its production, you need the company to purchase raw materials like rubber, plastic, fabric by paying cash.After the company sources the raw materials, it will need the workers to operate the machines to produce the finished goods.So the company also needs to pay for electricity, oils, lubricants, water, and other resources required for production.The sum of all the expenses above will represent the operating capital of the firm.Did you understand the concept clearly? If not, we are going to make it more simple for you to understand-You can relate to operating capital as your individual cost of living to make it easy to understand. You will need to collect money that people owe you and keep a certain amount daily to pay for bills and cover other regular and day-to-day expenses. Operating capital acts in the same way to cover the expenditures a business makes daily. Now that you have an idea what operating capital is, let us see how you can find out the operating capital of a business.HO W TO CALCULATE OPERATING CAPITAL?You dont need to be an accounting Guru to find out the operating capital of a business.Operating capital can be found out using a simple method.You have to find the difference between the current assets and the current liabilities to get your operating capital. Therefore-Operating capital = current assets current liabilitiesExamples of current assets include cash, inventory, marketable securities, accounts receivable, prepaid expenses, short-term advances and so on.Current liabilities include items such as paying taxes, short-term debt, accounts payable, accrued expenses, the current percentage of long-term debt and deferred revenue.Current assets include those assets which the company can convert to cash in a year. In the same way, current liabilities are those liabilities which are payable during the current financial year.Lets take an example to find out operating capital.ABC company finds out that its total current assets sum up to $1,500,000. T he total of all current liabilities comes to $1,000,000. So how do you calculate the operating capital?We know that operating capital is the difference between current assets and current liabilities. So,Operating capital of ABC company is $1,500,000 $1,000,000 = $500,000.It means that ABC company has an operating capital of $500,000 to pay for its operating expenses.Availability of operating capital doesnt necessarily indicate its adequacy or inadequacy to meet operational expenses.Sometimes, a company can also have negative operating capital.This happens when the current liabilities are more than the current assets.For example, lets say ABC company has current assets worth $1,500,000 while current liabilities amount to $2,000,000. Then the operating capital is-$1,500,000 $2,000,000 = -$500,000.You can see that ABC company has a negative operating capital which is certainly a red flag for the company. It means that the company wont be able to meet its operational expenses.In that case, it may need to raise additional capital by borrowing money or selling off some of its stocks.Companies also take help of ratios to evaluate their operating capital. We will find out more in the next section.IMPORTANT WORKING CAPITAL FORMULASHere is a look at some of the important working capital formulas you need to know about.Current RatioThis is a simple ratio that will determine how many times a company can pay off its current liabilities with its current assets.There is not too much use for this ratio outside of a set context, but if the value is greater than 1 then it shows that the company is more liquid and has assets that can be converted into liquid cash soon.This ratio is measured by dividing the current assets from current liabilities.Current Ratio = Current Assets/Current LiabilitiesExample:Current Ratio = $40,000/$20,000 = 2This means that the company can pay off its current liabilities two times over using its current assets.This ratio is mostly used as a general understanding of how the company is doing in the short term.Quick RatioThis ratio is quite similar to the current asset ratio, but in comparison, it separates only those assets that are the most liquid (Debtors and Cash in Hand).The reason for this is to measure the liquidity to a better standard.In the current ratio, all forms of liquid assets were used to measure current assets including inventory, which is not always the most beneficial asset to liquidate for spot cash.It is also not very easy to liquidate the existing stock to gain a high benefit from it.For that reason, the quick ratio eliminates this aspect of the current assets and then measures the liquidity.Quick Ratio â€" (Cash, Debtors and other securities)/Current LiabilitiesExample:Assets = Cash $5,000. Inventory $10,000. Debtors $10,000Liabilities = Creditors $5,000. Loan $5,000Quick Ratio = $15000/$10,000 = 1.5The current ratio value would have been 2.5 if used in the above example, but there is a significant re duction in the value with the inventory being taken away.This gives a more realistic idea of what the financial situation would be like in the time of an emergency when urgent cash would be needed.Inventory Turnover RatioThis ratio is used to measure how many times Inventory turns over (sold and replaced) in the business within a period of time.This will give the business an idea of how fast they can convert their stocks into cash.The ratio is calculated as follows:Inventory Turnover = Cost of Goods Sold/Average InventoryThe cost of goods sold value can be found on the income statement of any business.Average inventory is calculated by adding the starting inventory to the closing inventory and then dividing it by two.Example:Cost of Goods Sold = $20,000Opening Inventory = $7,000Closing Inventory = $5,000Average Inventory = ($7,000 + $5,000)/2 = $6,000Inventory Turnover = $20,000/$6,000 = 3.3 timesA higher value above the industry standard will show that the business is effective in manufacturing their stocks and selling it off to make cash within a period of time.A higher turnover rate would mean that the business has a healthy working capital value.Average Age of DebtorsIf the business has a lot of credit sales where they sell their products off to their customers on a credit basis, then this ratio will be quite useful for them.This will identify the average amount of time it will take a business to collect payments from their debtors and thus how fast the cash flows within the business. The ratio is calculated as follows:Average Age of Debtors = Accounts Receivable/Annual Credit Sales * 365 DaysExample:Debtor Days = $250,000/$2,000,000 = 0.125 * 365 days = 46 DaysTypically, if the average number of days is below 60, then the business should be doing okay as per the industry standard.But, the lower the business can make this, the faster they can get cash into the business, pay off their bills and ultimately have good working capital levels.THE OPERATING CAPIT AL RATIOApart from using the above formula, you can also analyze working capital using the operating capital ratio based on your companys current assets and liabilities.All that you have to do is to divide your current assets by current liabilities to find out the operating capital ratio-Operating capital ratio = current assets / current liabilitiesLets say the current assets of ABC company is $1,500,000 while current liabilities equal to $1,000,000. Therefore, the operating capital ratio is-Operating capital ratio = $1,500,000 / $1,000,000 or, 1.5.The operating capital ratio can be used to find out the liquidity of your company. Liquidity represents the ease of converting your current assets for cash and sometimes used by investors to determine the financial position of a company.An operating capital ratio equal to or greater than one means that the company is more liquid and hold liquid assets which can be converted into cash to meet the operational expenses and liabilities.If you r operating capital ratio is less than 1, it means that your amount of liabilities are more than your assets and you have negative working capital.Consequently, your company can face financial difficulties and even become bankrupt in the worst case scenario.For instance, lets say ABC company has current assets worth $1,500,000 and current liabilities are worth $2,000,000. So operating capital ratio is-Operating capital ratio = $1,500,000 / $2,000,000 or, 0.75.The ratio is less than 1 and indicates that ABC company is not in a very stable financial condition.You should also remember that a high operating capital ratio doesnt always indicate a favorable financial position.It can also mean that you have a surplus of inventory or additional assets which you are not investing in the company.So what should be an ideal operating capital ratio?The answer varies from industry to industry, and an operating capital ratio of 1.2 to 2.0 is considered the optimum range.Another way to determine th e liquidity of your business is to find out the quick ratio which can indicate your short term liquidity.The formula only considers most liquid assets like receivables and cash to find out liquidity. Using the quick ratio makes sense when you dont want to liquidate your inventory or other non-current assets and calculated as-Quick ratio = accounts receivables, marketable securities and cash / current liabilitiesOperating capital is an important aspect and businesses need to ensure they have enough of it to run its operations. We will now take a look at the importance of operating capital.THE IMPORTANCE OF OPERATING CAPITAL FOR A BUSINESSOperating capital or working capital is a necessity for all businesses.You will need a regular amount of cash to purchase raw materials for the production of goods, make routine payments and cover other unexpected costs.Operating capital is also an important metric to gauge the liquidity, efficiency and the overall financial health of your company.Th e capital reflects the outcomes of different business activities such as inventory management, revenue collection, payments to suppliers and debt management.The measure also ropes in accounts payable, inventory, cash, accounts receivable, amount of debt due and other short-term accounts.Operating capital also has other important aspects for your business such as 1. Ensuring Production ActivitiesYou can ensure a smooth production process only when you have adequate operating capital in your hands. There should be adequate accounts receivables, inventory and cash to support your on-going production process and make up for outstanding debt obligations.You can also replenish your inventory and allow credit sales without hampering your financial position when you have adequate operating capital.2. Avail Financial Support or LoansWe have discussed how you can use the operating capital ratio to find out the liquidity of a company.Investors and other interested parties will rely on the oper ating capital or the operating capital ratio to evaluate your company and its performance.They will be able to make out if your business is financially healthy and being managed efficiently as operating capital is a good indicator of the status of your accounts receivable, accounts payable, inventory and cash.If you have a favorable operating capital, then it will be easy for you to convince investors or lenders to get loans or financial support.3. Make Up for Sales FluctuationsYou can stay afloat in fluctuating market conditions by relying on your operating capital.This aspect is more crucial if you are operating in a seasonal industry, as the operating capital ensures the continuity of production even during the low seasons.If you have adequate operating capital, you can bridge the revenue gap resulting out of sales decline in offseasons.Otherwise, you are more likely to default your bills and other short-term debts which will impact the credit profile of your business.4. Helps to Grow Your BusinessHaving sufficient operating capital gives you more flexibility and satisfy the demands of your customers. You can also use the capital to expand your business and exploit new opportunities.The money can be used to invest in new products or services or to enter a new market. The operating capital can act as a cushion when your business needs a bit of extra cash for varied reasons.We are sure now you have realized the importance of operating capital for your business. But do you know it is also essential to manage operating capital effectively?Lets take a look at the reasons so that you are not left in the dark!THE IMPORTANCE OF OPERATING CAPITAL MANAGEMENTIf you own a company, then you need to manage your operating capital properly. In case you fail to have adequate capital, then your business will not be able to cover its obligations.You can also encounter financial insolvency and more likely to run into legal troubles and liquidation of assets.Finally, you may ha ve no choice other than filing for bankruptcy! Surely you dont want that to happen!You have to follow a sound accounting strategy to manage your operating capital.The strategy should ensure that you have sufficient funds between your current assets and current liabilities.With a sound operating capital management strategy, you can meet all your financial obligations and even have the opportunity to boost your earnings!You will need to manage various aspects of your business to manage operating capital effectively.This will include managing cash, inventories, accounts payable, accounts receivable and other related accounts.You can use different key performance ratios to identify the aspects of your business you need to focus on for ensuring profitability and liquidity.Such metrics include collection ratio, operating capital ratio and inventory turnover ratio.You should always monitor the liquidity position of your business because it directly represents your companys credit image.In the next section, we will discuss a few steps you can use to optimize your operating capital.HOW TO OPTIMIZE OPERATING CAPITAL?1. Try to Reduce InventoryYou need to analyze your production planning and orders to find the means to reduce your inventory. Some steps to reduce inventory include-Accurate demand forecastingEliminating non-value adding steps in the production processMaking production process simpler through standardization of products2. Faster Payment CollectionYou can increase your operating capital by paying early and collecting payments late.The cash flow can be increased by-Promptly issuing invoicesSending payment reminders and cutting back on grace periodsRevising payment terms and conditions to enable quicker payments3. Increasing Payable TimelineYou can negotiate with your suppliers to lengthen your payables cycles and enjoy favorable terms.Also, wait till the due date to make your payments after the supplier has fulfilled all his obligations.You can also achieve po sitive cash flow by balancing account receivables and payables.4. Establish Measurement MetricsYou can optimize your operating capital by developing an effective program and communicating it with all stakeholders in your organization.Establishing measurement metrics will help you gauge the fulfillment of goals and act as a feedback mechanism.You can also rely on analytics to optimize operating capital in your organization.Now we will consider a case study to help you give a clear picture of how firms manage their operating capital.CASE STUDY: OPERATING CAPITAL MANAGEMENT BY A PHARMACEUTICAL COMPANYA pharmaceutical company was looking to reduce its operating capital footprint and sought the consultation of Bank of America Merrill Lynch.Following strategic operating capital management, the pharmaceutical company was able to reduce its operating capital footprint by $2 billion.The company focused on multiple aspects to achieve its target.The first step the company took is to go through its trade receivables account to identify potential opportunities to control the credit terms.The organization also focused on accounts receivables to deal with slow payments and appointed a third party who could take the risks of collecting dues by discounting the invoices.The company was able to slow down the consumption of operating capital by adjusting the payable obligations.It followed the present payment terms and even made the payments before due date which directly impacted their operational efficiency.The inventory of the company also went through an overhaul, starting from basic inputs to the finished products.The company wanted to achieve the optimal level of inventory as cash is tied up with maintaining inventory.The firm was able to free up cash by reducing inventory and add the cash to its operating capital.Another important step in managing operating capital was to create an operating capital scorecard and dashboard.The step ensured that both the managers and the co rporate team have greater visibility and increase their focus on operating capital management.The managers were also given an operating capital optimization tool kit to fall back upon whenever required.The success of managing operating capital depended mainly on three aspects-Creating a cross-functional and sustainable enterprise approach that focused on key elementsOptimum utilization of available resources, tools, processes, data and technologyEmpowering a person with accountability, authority and executive support to deliver resultsYou can use the case study as a blueprint to optimize operating capital in your business and boost your profitability.CONCLUSIONOperating capital is required by businesses to run the production process and meet other daily expenses.The amount of operating capital needed varies from industry to industry and company to company so no standard amount can be quoted.As a business owner, it is your responsibility to strike the perfect balance between your cur rent assets and liabilities so that you can have adequate operating capital to carry out your business operations and meet other financial obligations.

Saturday, May 23, 2020

Women During The Civil War - 1049 Words

For Civil War women in the 1860s it was predictable wisdom that a â€Å"woman’s place is in the home,† but the Civil War challenged this view. There were many women who played an important role in the Civil War. It is normal to think the Civil War was a man’s fight. However during the war, many women challenged the role of the women and took on different roles. While the men marched off to war, the women had to work hard and try to provide for their families. Women became doctors, spies, nurses, couriers, and even soldiers. Both the Union and Confederate armies did not allow the enlistment of women. The women soldiers assumed the role of the man. By disguising themselves as a man, they took up arms and charged into battle (Blanton, 1993, p. 1). It is estimated that about four hundred women disguised their selves to be men and fight in the war (Righthand, 2011). Each of these women had their own reasons to fight, some did it for the salary to support their families, others for the loyalty to the cause, and some just for the excitement. In the words of Sarah Edmonds Seelye, also known as Franklin Flint Thompson of the 2nd Michigan Infantry: I could only thank God that I was free and could go forward and work, and I was not obliged to stay at home and weep. Seelye holds the honor of being the only woman to receive a veteran s pension after the war (as cited in Smith, 2014 para. 4). At the beginning of the war, there few trained nurses in the civilian life and none in theShow MoreRelatedWomen During The Civil War1523 Words   |  7 Pagesthe Civil War, some of the more notable names were: Ulysses S. Grant, Thomas â€Å"Stonewall† Jackson, and George Custer. These names are synonymous with great generals who fought great battles during the war, but what about Sarah Emma Edmonds, Clara Burton, Dorthea Dix, Rose O’Neal Greenhow, and Loreta Janeta Velazquez? These names are not as known as their male counterparts, but these ladies of the Civil War Era did their part to aide their respective sides in the war . What these and other women didRead MoreWomen During The Civil War1388 Words   |  6 PagesThe Civil War altered the lives of women, in both the North and South, just as it altered the nation as a whole. Although it is irrefutable that both the North and the South felt the wrath of the war, the South encountered a unique set of troubles that caused the weight of the war to fall predominantly on Southern women. Attempting to understand the experiences of all Southern women during the Civil War does not come without its challenges. It is impossible to connect the stories and experiencesRead MoreWomen During The Civil War1400 Words   |  6 PagesThe Civil War has often been referred to as the war between brothers, but when the war started women were still expected to stay at home and take care of the house and children, with little to no income. Many stories that originated from the Civil War talk about the battlefront and not the home front. This leaves us wondering what the s pouses of the soldiers did to survive, especially if they had multiple children in the home. We do not know what women did during the war and if they had any impactRead MoreWomen During The Civil War2024 Words   |  9 PagesIn the 1860’s, American society during the war was of two minds. To fully illustrate the discontent and anger felt for the war, analysis of the personal accounts of women during the Civil War will be introduced in this writing. The personal accounts include diary excerpts and letters, as well as an illustration produced at the time of the war. The wavering of unity on both the South and North due to the separation of family and the destruction of the United States and its individuals set the toneRead MoreWomen During The Civil War2226 Words   |  9 Pagesof women in society have always been a topic for debate. Some think women should be in the kitchen cooking meal and having lots children. Others feel that women can contribute to society in ways that are not a part of the family home, but outside the in board rooms and operating rooms. This paper is going to argue how chauvinistic thoughts of women helped propel the female gender into great spies during the civil war. During the era of the civil war attitudes of women spying during a war wasRead MoreWomen During The Civil War Essay1540 Words   |  7 Pagesworld dominated by men, women had been forced to comply with society s blinding notion that they were pieces of property meant to play the domesticated role of a dutiful housewife. This was true up until the late 1840s when women began to realize their worth was so much more than a floor-moping, dinner-making, stain-bleaching slave to six children and an ungrateful husband. That may sound rash and some situations may have been different, but before the civil war these women did not have the opportunitiesRead MoreWomen During The Civil War3240 Words   |  13 PagesThe American Civil War was a time of pronounced racial and gender role changes. Despite political tension and fighting, many women began to hold a variety of jobs in order to make valuable contributions to the war effort. Moreover, a patriarchal government governed the effects of slavery and the economy. Nonetheless, the influence women had during the Civil War tends to be minimized, especially African American women. Despite facing discrimination, black women greatly influenced the war effort. TheRead MoreWomen During The Civil War Essay1537 Words   |  7 Pagesworld dominated by men, women had been forced to comply with society s blinding notion that they were pieces of property meant to play the domesticated role of a dutiful housewife. This was true up until the late 1840s when women began to realize their worth was so much more than a floor-moping, dinner-making, stain-bleaching slave to six children and an ungrateful husband. That may sound rash and some situations may have been different, but before the civil war these women did n ot have the opportunitiesRead MoreWomen During The Civil War997 Words   |  4 PagesMany people believe that women did not play any essential roles in our country’s history until the 1960s. However, this is not the case. Women have played many vital roles in suffrage movements as attempts to shed light upon or cure many of the ills of American society throughout American history. As an example, women fought to change the course and ideologies that were bestowed upon them by the traditional viewpoints of society of the time. The status of women was shifting rapidly in the ProgressiveRead MoreWomen During The Civil War1336 Words   |  6 Pages Women have been increasingly praised for having excellent skills for leadership. Women, more than men, manifest leadership styles associated with effective performance as leaders. However, more people prefer male than female bosses. That has made it more difficult for women to become leaders and to succeed in male-dominated leadership roles. An American woman in the workforce is often overlooked when studying the progress of American society. American women have gone through struggles

Monday, May 11, 2020

The Code Red By Lance Corporal Harold - 1483 Words

Lance Corporal Harold Dawson and Private First Class Louden Downey enter Private First Class Santiago’s bunk room to perform a â€Å"code red,† a form of punishment used by military personal that is not in protocols; the two men were following an order given to them by a superior officer. At Guantanamo Bay orders are taken very seriously. A quote from the film, A Few Good Men, states â€Å"they are not permitted to disobey orders,† showing that the two men had no other choice â€Å"because they were ordered to do it†(Reiner). The men followed through with a code red rather than disobeying direct orders, which is against their beliefs as a unit. So sometimes following an order can cause a series of unfortunate events or worse to happen, but it is not†¦show more content†¦Following commands is a very important part of keeping order. Now imagine a row of blue clad Navy soldiers, carrying out drills in perfect unison, if just one person were to break orders and fail to correctly initiate their portion of the drill it makes every singular other soldier look bad, including themselves, thus creating an incentive to not break orders and not mess up no matter what the situation. Furthermore, should someone always follow orders? In the case of Downey and Dawson following an order ended up getting an innocent man killed. Milgram points out that â€Å"the ordinary person who shocked the victim did so out of a sense of obligation - an impression of his duties as a subject† (par 96). Dawson and Downey carried out the requested code red because they felt obligated. As a result, they were obligated to ignore their own personal morals and do the commands of another person. Another explanation is provided by MacDonald is â€Å"the mission in way—to get the job done—might at times cause a certain degree of sadism.† (par. 8) So, it seems that over time soldiers derive satisfaction from acting out violent orders and because of this and the combined effects of war, they seem to disregard other humans’ physical pain which in turn makes taking orders that much easier. This disregard forShow MoreRelatedA Few Good Men By Erich Fromm1546 Words   |  7 Pagescomplicates this theme by establishing military culture where disobedience to a higher power invokes dire repercussions. One example in the motion picture is when United States Marines Lance Corporal Harold Dawson and Private Louden Downey where instructed by their superiors to give a fellow Marine, Private William Santiago, a Code Red resulting in Private William Santiago death (A Few Good Men). Moreover, Stanley Milgram author of â€Å"Perils of Obedience† discussed in the piece the corresponding issue moved intoRead MoreAnalysis Of The Film A Few Good Men 1166 Words   |  5 Pages Marines Lance Corporal Dawson and Private Downey carried out a â€Å"code red† order, a violent extrajudicial punishment on Private Santiag o, who died as a result of the injuries he sustained. The â€Å"code red† order was given out by Lieutenant Jonathan James Kendrick. However, during the trials Private Downey was questioned on whether he actually heard Lieutenant Jonathan James Kendrick orders to which he replied† Yes, Captain, I was given an order by my squad leader... Lance Corporal Harold W. DawsonRead MoreThe Film A Few Good Men713 Words   |  3 Pagesanother. Colonel Jessup, Lieutenant Commander JoAnne Galloway, Lance Corporal Harold W. Dawson, and Lieutenant Daniel Kaffee each have a different personal ethical perspective. Each of these character’s concept of right and wrong is displayed in the film and their moral values are brought to surface. Colonel Jessup believes strongly in Marine code, and he will do anything to improve his unit as a whole, even if that means ordering a â€Å"code red†. There are no standards of right and wrong in his perspectiveRead MoreAnalysis Of Columbia Pictures A Few Good Men 1955 Words   |  8 PagesMarines as described by Lance Cpl. Harold W. Dawson followed a code: â€Å"Unit, Corps, God, County† (Brown Reiner, 1992). The Marines stationed at Guantanamo Bay faced uncertainty daily and lived by this code to survive and thrive under harsh conditions. Col. Nathan R. Jessep further explained some of the dangers when he stated, â€Å"I eat breakfast 80 yards away form 4000 Cubans who are trained to kill me† (Brown Reiner, 1992). It was this reliance and staunch loyalty to the code that allows for ordersRead MoreHow the Movie a Few Good Men and the Play Antigone Found Honor in What1109 Words   |  5 Pagesthe play by having Harold Dawson and Louden Downy stand up for what they believe is right. Dawson and stood up for what he believed in and at the same time knew that he had to follow an order. When Dawson and Downy followed the order of their commander to perform the Code Red, they also went against the civil law because Code Reds are not permitted, and they killed Santiago and were arrested because of it. Docit. number 411275VR-5. The United States vs. Lance Corporal Harold W. Dawson and PrivateRead MoreLegal approach to A Few Good Men1711 Words   |  7 PagesEnvironment of Business. In this paper, I plan to go over the main legal elements which occur throughout the film. Starting off with the facts of the movie, case that is being presented is a criminal one. Two Marines, PFC. Louden Downey and Lance Cpl. Harold W. Dawson, are charged with murder, conspiracy to commit murder, and conduct unbecoming a Marine. The reason I mentioned this fact is because they are not only on charge for the acts which they have committed, but also their negligence as MarinesRead MoreThe Perils Of Obedience, And A Few Good Men1059 Words   |  5 Pages(Zimbardo). A Few Good Men is a story about two Marines, Lance Corporal Harold W. Dawson and Private First Class Louden Downey, charged for the murder of William T. Santiago, a fellow marine. And the lawyer, Lt. Daniel Kaffee, played by Tom Cruise, fought for the freedom and honor of accused marines. According to the movie, the two marines, Dawson and Downey, were given an order from their superior to give Santiago, the victim, a â€Å"Code Red†. In the movie, the term was used as a method to keep theRead MoreA Cumpolsory Action in the Movie A Few Good Men Essays840 Words   |  4 Pagescommand isnt compulsory, as seen by the marines in the movie A Few Good Men, orders can be extremely hard not to follow. A Few Good Men depicts the court case of two marines, Private First Class Louden Downey and Lance Corporal Harold W. Dawson, who had been ordered to perform a Code Red on a fellow marine, Private First Class William T. Santiago. Stanley Miligram, a 1970s psychologist who wanted to test obedience in humans, believed that authority was the key to obedience. To test his theory heRead MoreRachel Zeunik. Mr. Fisher. W131. 4/20/17. Killer Obedience.1161 Words   |  5 Pagesbrotherhood, and patriotism. Those in the military place the lives of their fellow men and country above all else. It is the most intense example of selflessness and self-sacrifice. This extended commitment to God and country is made possible through codes, vows, and unquestioned obedience. If a lieutenant is given an order, he will follow through with it because the lives of countless depend on his obedience. A soldier’s actions always contribute to the overall action of the military and work towardsRead MoreR eview of a few good men Essay1367 Words   |  6 Pagesthere fellow officer, during the incestigation it is discovered that there is a practice called â€Å"code red† this is a unethical and unofficial disciplinary measure by the marine squad when a member goes against the unit. The offender is gagged, beaten, and then they are killed by their fellow officers. The accused put the blame on someone they said was higher up from them. They carried out the â€Å"code red† order because the officer was not living up to the duties and agenda of the marines, and they were

Wednesday, May 6, 2020

A Change For Jane Free Essays

Her name was Jane Hulsebosch.   She was my math teacher for fifth and sixth grade. Jane was a tall large woman with black tight curly hair. We will write a custom essay sample on A Change For Jane or any similar topic only for you Order Now Her eyes were brown and beady, like a ferret. She was approximately five feet and eleven inches tall, but to me she seemed much taller. Jane did not stand, she loomed. If she looked over my shoulder while I took one of her labyrinthine exams, it felt like the sword of Damocles swinging over my head. Jane was an extremely heavy woman who was plagued with varicose veins. When I was young, however, it looked like she had beanbags stored under her skin. Jane was a heavy smoker. I could not help but notice the stale smell of smoke on her fingertips as I gingerly approached her desk with a paper to grade. Jane to me was the educational equivalent of terrorism. I was not stupid enough to actually volunteer an answer to her questions. I attempted, like my other poor unfortunate classmates to crawl into a crevice in the floor by keeping my eyes downcast. Silly me. Like a panther circling its prey Jane walked around our classroom. Employing the Socratic Method, she barked questions at me. And I, paralyzed in fear, failed yet again to answer correctly. The woman was an insidious masochist. I know she delighted in terrorizing us. She threw erasers and chalk at us with the precision of a stealth bomber while wailing â€Å"DOPEY!† My morning prayer was that Mrs. Jane Hulsebosch die a long painful death. In my head I painted glorious medieval deaths. My personal favorite fantasy was one where she is disemboweled. My classmates, however, preferred the â€Å"drawn and quartered† method. God it seemed, never answered our prayers. Then one cold damp winter morning it seemed that God did answer me, well sort of. Jane entered the classroom but her gait was unsteady. She smelled like something I had never identified until I was in college. She smelled like a brewery. Her face was swollen, like someone who just got pummeled in the face during a game of dodge ball, but worse. Was that a black and blue that I saw?   I did not know, and did not care to draw her attention to the fact that I was staring at her. Quickly, I looked at my textbook and pretended I was reading. A haunted silence filled my classroom. All of us just sat holding our breath. My stomach felt like there was a lead balloon in it. (Indeed, as I write this paper, the feeling sets in.) What did we do? Did we do something so terrible that we rendered her speechless? Did Sean get caught cheating again? After what seemed like hours, two police officers entered our classroom along with the principal. What was happening? Were we being arrested for being bad students like she promised? Was the threat of our behavior going on our â€Å"permanent record† happening now? No. Jane was being led out of our classroom. Suddenly, as she passed my desk I was compelled to look up at her and a tear hit my shoe. Outside, someone was wailing. It was Jane, but it was not the same yelling that she did in class. What was happening? Our principal entered the classroom and told us that he would be teaching us for awhile and that we should all pray for our teacher. Well, we did†¦but not for her return. That night I remember my parents whispering in hushed horrified tones and then calling me into their bedroom to â€Å"discuss something†.   I was asked an interminable amount of questions about Jane, the throwing, the yelling and that smell.   Jane, they told me was in the hospital. Her husband had been beating her and she had a drinking problem. How to cite A Change For Jane, Papers

Thursday, April 30, 2020

Nietzsches Overman In The Will To Power Essays - Friedrich Nietzsche

Nietzsche's Overman In The Will To Power The existential philosopher Friedrich Nietzsche believed that humanity nedded to be overcome. He viewed humans as weak creatures and slaves to the Christian religion. In The Will to Power, Nietzsche asserts the poer of the overman-- a creature beyond Christian good and evil-- to replace the passive man. To understand the book, it is first necessary to understand what Nietzsche means by 'The Will to Power'. Denneson describes this as a 'psychological presupposition' which assumes that humans are always attempting to inflict their wills upon others (Denneson, 1). When considering the use of the term 'ubermensch' or 'overman' in this work, it is also necessary to understand exactly what Nietzsche means by this term. This is seen by many as the way in which he refers to a 'superhuman'. In the past, many comparisons wre made between Nietzsche's overman and the Nazi idea of the superior race. However, this has been re-evaluated by many scholars, and the comparison is no longer seen in the same light. The overman is seen as the next step up from normal humans; this creature could even be interpreted as the next step up the evolutionary ladder. The overman is not isolated to just this work; we see Nietzsche talk about this creature in other works such as Thus Spoke Zarathustra and The Antichrist. The idea is not new, but at best, it is still controversial (Cross, 1). The Will to Power, which results from these two books, contains various metaphors and generalizations which display contradictions and tensions (Harman, 2). The philosophies which underlie all of Nietzsche's writing are themselves contradictory; they both celebrate and embrace the humanity of man, whilst holding it in contempt and insulting it at the same time (Cross, 7). The concept oof the overman appears to be a contradiction in itself, reflecting the views that Nietzsche himself expresses about the human condition. The creature is dichotomy, seeing himself as superior and a master of his environment, but simultaneously he hates his human self, seeing his weaknesses and flaws. In this manner of representation, one must question if this creature could ever become a reality. Cross argues that the overmanis a contradiction in terms of existence which cannot be resolved due to the constraints which Nietzsche applies to this hypothetical creature. Cross states, this creature can only succeed in negating himself, and, in essence, can never truly exist at all. Nietzsche has the view that mankind as it exists is a disease of a 'sickness' which is destroying itself, reflecting the porr nature of a modern man and his lack of pro-activism, being seen as a purely passive creature unalbe to rebel and define his life. Nietzsche further argues that the passive reaction of the occurrences in society are the result of the Christian religion (Cross, 2). Nietzche's view of man's 'sickness' reveals itself very strongly in The Antichrist, but The Will to Power also displays his view. This book reflects Nietzsche's belief that all creatures, whatever they are, have a requirement and a need to follow commands of some sort. The freedom of the overman is that the individual despises what he is and has been, and in this is able to learn to command himself. However, this is a difficult and self-destructive process. The perception of the comand over power is an interesting one; it is not the straight forward meaning of control over others, but also the control over one's self. In The Will to Power, Nietzsche sees those who look to improve themselves as looking to the 'will to truth'. However, he argues that in doing this, they are not really seeking new values, but that htey are trying to find a way of bringing all men under the same code of understanding. In effect, they are bringing them all further to the weaknesses for which he blames Christianity. Nietzsche says he believes that a man who acts out of laziness, or does not act for the same reason is bad, and this passive stance allows the weaknesses of society to become more entrenched and accepted, this becoming of a self-fulfilling prophecy-- the more it happens, the more it will cause its continuation. The passive man does not display