Human Resource Management Essay Example for Free

Human Resource Management Essay Kopanang Batho Cooperation Services is an organization that disseminates water to all pieces of the urban and peri-urban social orders. Its vision is to endeavor to give clean water administrations to all partners and the mission is to give quality water through exceptionally energetic and proficient staff. Ogbor (2009:283) accepts that, â€Å"a business isn't characterized by its name, status or articles of consolidation. Or maybe it is characterized by what it offers, to whom it is offered and how it is advertised. † In this test examined are the variables influencing human asset the executives in worldwide associations and how they influence human asset the board. Right off the bat depicted, the monetary variables; besides, the political-lawful framework, thirdly, training and innovation and afterward culture, how each influence the training and hypothesis of the board. Right off the bat, the financial elements it is about the change about the new advancements in the riches that chiefs should know about. The progressions realized these components require supervisors ground breaking and who can deal with and adjust to change. As per Kynhans et al(2009), â€Å"All these things show how sound the nation is, as it were, how well the nation is getting along economically†. Today’s associations are working in a worldwide situation, the degrees has gotten exceedingly mind boggling and makes colossal vulnerability for directors. For instance, a few nations are set up by free endeavor, that is individuals go to discover methods of doing things themselves so as to spare expenses and organizations will in general free customers because of that reality. In addition, there are contrasts in prerequisites for severance pay and get-away days permitted to laborers. Once more, human asset the board rehearses will in general change in order to forestall joblessness even at the expense of giving up efficiency; this implies a few associations go to the degree of losing profitability in order to save its employees’ occupations. Besides, the political lawful framework, which includes the guidelines and the guidelines at neighborhood and national level, just as the exercises that impact the organization conduct influence the human asset the executives. Legitimate components shift from nation to nation subterranean insect the principles and guidelines upheld by a lawful framework can emphatically influence human asset the board as it states unmistakably the conditions for certain human asset the executives practices, for example, cutbacks, employing, preparing and remuneration. Kynhans et. al refers to, â€Å"every association is run by the laws and guideline of that country’s government.† This implies each association in a specific nation is managed by the laws of that nation and they can influence that specific association. For instance, in different districts it is easy to recruit and fire representatives while in different nations there are systems to be followed to do the two procedures. Thirdly, training can likewise influence human asset the executives. â€Å"An organisation’s potential to discover and keep up a certified work environment is a significant thought in any choice to venture into a remote ma rket.† portrays Sims (2010). This implies associations think about instructive foundation while choosing their workers and such associations attempt all endeavors to keep such competitors in the association. For instance, a few associations lean toward employing individuals who concentrated full time. Once more, different organizations favor recruiting applicants structure certain understand schools far and wide. Once more, the innovative condition wherein a business works likewise brings change inside the association, either procedures of creation or the sort of representatives required. â€Å"Many associations acknowledge they have to begin utilizing new advances to have the option to contend with different business. This can have either a constructive or adverse impact on the individuals working in that association yet organizations despite everything need to stay up with the latest with the most recent innovation advancements to remain in front of the competition,† refers to Kynhans et al (2009:23). For example, if an organization needs to change innovation, it probably won't be simple for different representatives to adjust and that may defer creation. Presenting new items likewise can influence the association as it were that other old working practices may change and be supplanted by new practices and the headway of innovation doesn’t influence nations all simultaneously in this manner a few nations are not mechanically propelled like others and that can influence the human asset the executives rehearses particularly with regards to work developments. Additionally culture can decide different elements influencing human asset the board in the commercial center. â€Å"Differences in culture cause an incredible test in HRM,† stresses Francis (2010). Culture regularly decides the viability of different human asset the board rehearses, for instance, an advantage esteemed to be significant in one nation can be nearly useless in another nation and that can influence the HRM practice as the guidelines or guidelines should vary from nation to nation. Taking everything into account, it is significant for supervisors to think about the various elements of working together in various nations and arrange the work in various countries. As the world is turning out to be one town, rules and guidelines should at any rate be pretty much the equivalent in order to make it simpler to run organizations all inclusive. For instance, globalize the laws directing work in order to make it simple to run organizations all inclusive. REFERENCES Francis, C International Business: Text And Cases.2010(5th Edition).New Delhi: PHI Learning Private Limited John, O. (2009). Business in Sub Zaharan Africa, A Strategic Management Point of view Mitras, D, Shrly .K (2009).Technology, Values and Social Forces in Technology Change Markham, M W. et al. (2009). Human Resource Management: Fresh Perspectives Sims, R, R. (2007). Human Resource Management: Contemporary Issues and Opportunities. USA: Information Age Publishing. Inc.

Acing your behavioral job interview

Acing your conduct prospective employee meet-up On the off chance that you’ve been hands on chase for some time, you’ve presumably been presented to a wide assortment of meeting styles and situations, all intended to attempt to get the most precise impression of what you’d resemble as a potential representative and measure your worth whenever employed. Also, odds are you’ve been presented to-in some structure a sort of approach known as the conduct meet. Anyway, what precisely is a social meeting, and how can it contrast from different kinds of talking draws near? Consistent with its name, a conduct talk with means to discover how you reacted to various sorts of work circumstances previously. Rather than getting some information about yourself, questioners will ask how you handled explicit situations, both unpleasant and not. The fact of the matter is to check whether your character and range of abilities inside a workplace matches who they want to recruit for their open position.The truth is, a conduct meeting will look and feel a lot of like some other customary meeting you’ve been on, with the key distinction being the sorts of inquiries you’ll be posed during the process.A ongoing post on The Balance features a portion of the run of the mill addresses you may experience while on a social interview:â€Å"Behavioral inquiries addresses will be increasingly pointed, more testing and more explicit than conventional meeting questions:Give a case of an event when you utilized rationale to understand a problem.Give a case of an objective you came to and reveal to me how you accomplished it.Describe a choice you made that was disliked and how you dealt with actualizing it.Have you gone far in excess of what was required? Assuming this is the case, how?What do you do when your calendar is interfered? Give a case of how you handle it.Have you needed to persuade a group to take a shot at an undertaking they weren’t excited about? How could you do it?Have you took ca re of a troublesome circumstance with a colleague? How?Tell me about how you functioned viably under pressure.Follow-up questions will likewise be point by point. You might be asked what you did, what you stated, how you responded or how you felt during the circumstance you imparted to the employing manager.†So, since you have a decent handle on what a social meeting is and how to perceive when you’re in one, what’s the most ideal approach to approach and handle it?The initial step is to understand that you won’t know when you’re on a conduct meet until you’re in one-except if you can foresee the future, you won’t be cautioned ahead of time to the sorts of inquiries you’ll be posed. Subsequently, while preparing for a meeting you should prepare for each conceivable situation, question, and contingency.That stated, there are some demonstrated methodologies for viably handling conduct questions and setting yourself up for a fruitf ul meeting. Consider the accompanying tips to establish a solid and enduring connection with your next interview.Do your homework.When planning for a meeting whether conduct or customary or something different through and through ensure you completely inquire about the organization and expected set of responsibilities gave and search to accommodating signs in regards to things the organization may esteem and the qualities they are likely searching for in a perfect up-and-comer. Attempt to get a decent feeling of what the company’s culture and strategic these components will enable you to measure what sorts of inquiries you may experience and the sorts of answers employing supervisors and friends agents will probably be looking for.What kinds of issues typically come up in the business you would like to join? How have you taken care of circumstances in the past in a noteworthy route so as to handle these issues? How do your activities and responses to work issues in the past s how that you are appropriate for the vacant position? Have these answers prepared to go.Be arranged to tell your story.When you’re in a social meeting, be set up to â€Å"tell your story†-these ought to be straightforward and great articulations of how past encounters throughout your life have formed your perspectives and methods of conduct, making you the skilled and successful expert you are today. As indicated by Ladders, your accounts ought to be explicit, and ought to consistently incorporate the accompanying three sections: a depiction of a particular, genuine circumstance or challenge you experienced, a portrayal of the particular assignments and moves you made to defeat that challenge, and aâ summary of the consequences of those actions.If dealt with effectively, remembering stories for your reactions that show occasions of how you effectively tackled issues or showed model conduct will consistently make you look good.Address past practices in a methodical way .The Balance advocates utilizing the accompanying four-advance procedure for addressing inquiries concerning past practices at work, which they allude to as the STAR talk with reaction technique:Situation. Describe the circumstance or set everything up. Clarify the spot you were working for or the undertaking you were given. Portray what went on so you would then be able to expound on how your heavenly abilities spared the day.Task. Describe the issue or issue you were gone up against with. Make this as clear as conceivable don’t get excessively impeded in subtleties. Get ready 1-2 sentences to clarify the undertaking at hand.Action. Describe the move you made to mediate in the circumstance or take care of the issue. This ought to present the key resource you might want to delineate. Here is the place you pull watchwords from the activity posting. What aptitudes are the recruiting director searching for? How you can exhibit that you have those abilities in your answer?R esults. Describe the resultsâ your activity created. Clarify how you tackled the issue or improve the organization in some way.Okay work trackers, exploit the methodologies and tips gave here and you’ll be prepared to deal with even the hardest conduct meet that you may run over. The key, as it is more often than not with interviews, is to enter readied and certain. Since you comprehend what's in store, begin preparing!

How to Write A Report The Guide From The Experts

How to Write A Report The Guide From The Experts A report is an inscribed account that one has perceived, heard, and investigated. It is a well-organized and systematic presentation of findings and facts of an event that has previously taken place. In this blog, we will show you the best ways of how to write a report. Reports are used as a method of written valuation to discover what you have erudite from your interpretation, experience, or research also to give you knowledge of an essential skill that is broadly used in the workplace. A report is written for a specific purpose, even to the particular audience. Specific evidence and information are presented, applied, and analyzed to a specific issue or problem. The evidence is presented in a structured layout making use of headings and sections so that the data and information are easy to discover and trail. Once you are requested to write a report, you will generally be specified a report transitory that offers you with guidelines and instructions. Some keys steps which resolve the issue of how to write a report? How To Write a Report Summary How To Write a ReportHeadlineBylineOpening paragraphAn account of the occurrence in detailConcluding sectionReport PresentationFontListsHeadings SubheadingsDifferent Types of ReportsAcademic WritingBusiness WritingTechnical WritingWrap Up Some key steps of how to write a report are given below: Headline A descriptive title that is communicative of the substances of the report. Byline Name of the individual writing the report with the description. It is usually specified in the question. Reminisce, you aren’t supposed to state your particular details and description in your answer. Date and place of reporting- It is usually not stated in a report distinctly, but here, it is. Opening paragraph It comprises the expansion of the front-page. It requires to be short because it is a general outline of the report.   An account of the occurrence in detail It is usually written in 2 parts: First, wide-ranging account of what occurred in its sequential order (preferably) and next, the witness comments. Concluding section This will comprise the achievement that has been occupied up to now or that will be occupied. Report Presentation You will need to existing your report in a concise and simple format, i.e., easy to understand and navigate. Readers require to be capable to look over a report also get to the data and information they want as rapidly as possible. That manner, the report has a countless impression on the reader. Some simple organizing styles can be used through the report that will make it informal to read also look presentable and organized also helps how to write a report. For example: Font Use only one font in your report. The easiest font, for example, Times New Roman or Arial, is best for the report. Section titles can be a different font from the key text if you prefer. Lists Use list whenever suitable to break data and information into easy-to-understand opinions. Lists can either be bulleted or numbered. Headings Subheadings You can use subheadings and headings through your report to recognize many topics also break the text into wieldy chunks. These will assist in keeping the report organized also can be registered in the table of contents so that you can found quickly. Different Types of Reports Though the fundamentals of any report are similar, there are some important differences among academic, technical, and business reports which help how to write a report are given below. Academic Writing The key thing to note is that this kind of writing is formal. Normally, it should be free of contractions also any slang. Business Writing Business writing will take on a formal tone. Though, it’s allowable to be slightly less closed up.   Technical Writing Technical reports emphasize on how to perform something. Though an academic or even a commercial report will try to prove something, technical writing is more expressive. Moreover, the report format for professionals and students may cite evidence also facts to make their case; however, technical writings are more probable to trail a logical approach. Wrap Up Fundamentally, a report is a sharp, short, concise text which is written for a specific audience and purpose. It usually sets outs also analyses a problem or situation, frequently making references for upcoming action. Different types of reports are also described above with complete detail. The format and presentation style are also described here. If yes, please submit your assignment along with the deadline. We will return with exact and excellent arrangements within a given deadline. Our experts help you to recognize how to write a report. With our methodology, we pledge you get maximum grades. You can also place your assignment order through completing our Order form or through Live Conversation with our online expert’s representative. Interchangeably, you may request our writing expert session services where our professional and trained Bibliography assignments writing expert will be capable of leading you through the procedure of making a high excellent bibliographic example.

The War Of 1812 And The United States Essay - 1328 Words

The War of 1812 was the result of an ongoing feud between France, Great Britain, and the United States. The causes of the war included Britain attempt to restrict trade between France and the United States, Britain’s navy intimidating American seamen and the U.S. attempt to expand their territory. Before going into the war, the United States was fully aware that Britain had the greatest naval power in the world so this would be the costliest war financially and physically. The United States knew that this conflict with Great Britain would have a tremendous impact on the country’s future so they had to address the issue immediately and aggressively. But the United States defeated Britain once before they knew they can defeat them once again. Many people considered the War of 1812 the United States second war of independence because once again they were facing Great Britain. The conflict between France and Great Britain (French Revolutionary and Napoleonic Wars) set the t one of the War of 1812 Both nations were trying to prevent the United States from trading with the other. The Jay’s Treaty of 1794, settled many unresolved issues between the United States and Great Britain. One of these issues was that of trading goods with France. Of course, Britain considered France the enemy, therefore they wanted the United States to have nothing to do with their enemy. The Jay’s Treaty allowed for Britain to seize any U.S. goods headed for France, but only if they paid for them.Show MoreRelatedThe United States And The War Of 18121144 Words   |  5 Pages The United States of America triumphed in the Revolutionary War, emerging as an independent nation. Thereafter, they had an arduous task of building their economy and earning recognition amongst other nations. George Washington, the presiding president, promoted Alexander Hamilton, a thirty-four year old former officer of the Continental Army, as the Secretary of Treasury. He devised plans on how to simultaneously generate revenue and deal with war debts. Inevitably, the United States encounteredRead MoreThe War Of 1812 And The United States1716 Words   |  7 Pagesformed United States. The war of 1812 is often referred to as the United States second war for independence because, like the Revolutionary War, it was fought against England. This war was the result of many years of a tension among both countries. It both surprised the British and concerned many Americans who believed that this war was an unwise effort. This was not because there was not reasons to go to war with Englan d. But rather because United States had avoided war for so long that when war wasRead MoreThe War Of 1812 And The United States1699 Words   |  7 PagesThe War of 1812 is often referred to as â€Å" Mr. Madison s War,† because at the time, federalists believed that their current president, James Madison declared war, without the approval of congress. At the time, the new united nation but somewhat divided was being controlled under the rule of the great power of Great Britain. Great Britain had a strong connection with the northern states of the United States, because of the constant trade going on between them. As the, Federalists got richer, the BritishRead MoreThe War Of 1812 And The United States1427 Words   |  6 Pages The War of 1812 is the second war between the United States of America and Great Britain that ends in a draw. Also referred to as the â€Å"Second War of Independence,† the cause of this military conflict is often believed to be a direct re sult of England’s attempt to humiliate the United States, limit the country’s growth and impact (acts of interference towards American trade, which is a sign of disrespect towards American independence), and acts of impressment (taking sailors off American vesselsRead MoreThe War Of 1812 And The United States1633 Words   |  7 PagesThe War of 1812 took place between the Americans and Great Britain because of the impressment of Americans sailors by the British and the passing of the Embargo Act by Congress and President Thomas Jefferson. The British navy would impress sailors from American ships and force the American sailors to board the British ships and to join the British navy. The second reason that the War of 1812 occurred was because of the Embargo Act of 1807. This act was passed by Congress and Jefferson and it stoppedRead MoreThe War Of 1812 And The United States1422 Words   |  6 PagesIn the year 1812, just 29 years after the American Revolution, the Un ited States was already confronted with another War against their mother country. Ever since their last war, conflict has been brewing up between the two countries. Since the 1790s, American leaders like Presidents Washington and John Adams was trying to avoid with France and England. In 1793, the Proclamation of neutrality was passed, under Washington s presidency. In 1800, President Adams agreed to the Convention of 1800, whichRead MoreThe War Of 1812 And The United States820 Words   |  4 Pages The War of 1812 was brought about by a multitude of factors including international trade restrictions, the capture of American sailors by the British Royal Navy, and the United States attempts at expanding its territory. The various parties involved in this war are the Americans, the British, the Canadians (then a british colony), the Native Americans, and the Africans. While the main conflict of this war was between White America and the British, the Native Americans and African slave s found themselvesRead MoreThe War Of 1812 During The United States1308 Words   |  6 PagesA war time economy in the United States has proven to be a way to bring the people of America together, boost the economy, and inspire nationalism. The War of 1812 did much to follow this trend. By shutting off trade with Great Britain for a few years, United States manufacturers were able to establish their industries and develop a dependency from the people of America. In these ways, the War of 1812 helped create a scenario that allowed the United States to proliferate following the war. TheRead MoreThe War Of 1812 And The United States Army Essay1309 Words   |  6 PagesBritish forces (). From then on out the United States Army has seen multiple wars from the War of 1812 to present wars today, and will continue to be one the many forces to protect the USA. Now over the years, the United States Army has had to shift the way it conducts its soldiers to fight in the wars and how to be pr oficient in battle; even with the new warfare tactics that our enemies are developing daily. Like any other unified team, how does the United States Army gain leverage against our enemiesRead MoreThe War Of 1812 Was A Conflict Between The United States854 Words   |  4 Pages The War of 1812 was a conflict between the United States and Britain that began in 1812 and lasted until early 1815. A declaration of war was requested by President James Madison to protect American ships on the high seas and to stop the British from stopping ships and capturing United States by both Great Britain and France. President Madison sought to prevent Britain from creating alliances with Native Americans on the American frontier. Americans in the West and South, who hoped to increase the

Film Analysis Of 300 Movie - 1428 Words

Samuel Catoe, LHS K Richardson History 101 26 September 2017 300 Film Analysis The 300 is a spectacular movie designed to provide the viewer with a sense of excitement and anticipation. The movie is loosely based on past events with Sparta and their conflict with Persia, back in 480 BC. And while the movie is founded on a historical event, there are many historical inaccuracies throughout the film. These inaccuracies are created to add depth and new excitement to the movie, but also gives the viewer a false understanding of the events that took place. As the movie begins, it displays the harsh customs of the Spartan civilization. Its shows how Spartans inspect their infants for deformities, and if found with a deformity, they were†¦show more content†¦The priests take the gold as a reward for denying Sparta’s war request. Leonidas did not want to disobey the priests, so he decided to take 300 of his best soldiers, as his bodyguards, and take a walk to the Hot Gates of Thermopylae. Along the way, King Leonidas and his 300 soldiers met some allies. The allies were shocked by the small number of Spartan soldiers, but when Leonidas asked their professions, he clearly stated he had brought more soldiers than them. The Spartans continue their journey and are joined by Arcadians and other Greek forces. When they arrive, the build a wall to slow the Persian attack. The soldiers fight off the Persian scouts, and use the dead bodies to increase the massive wall. The scouts are followed up by a Persian emissary, who threaten to â€Å"block out the sun† with their arrows and King Leonidas replies that the Spartans will fight in the shade. The Spartans battle and defeat the Persian emissary. The Persians demand that the Spartans surrender before anyone else dies, but King Leonidas refuses and the two forces have a huge battle with many causalities. After the battle, Xerxes approaches King Leonidas, surprised by his fighting skills, and attempts to convince Leonidas to surrender. Xerxes promises King Leonidas with gold and other riches, but he refuses and threatens to make the â€Å"God King† bleed. Xerxes then sends his personal army called â€Å"the Immortals† to attack the Spartans. The Immortals consist of manyShow MoreRelatedEng 225 Week 5 Film Critique Final Paper New831 Words   |  4 PagesENG 225 Week 5 Film Critique Final Paper NEW To Buy This material Click below link http://www.uoptutors.com/eng-225-ash/eng-225-week-5-film-critique-final-paper-new Focus of the Final Film Critique Throughout this course, you have been compiling a blog and writing essays that analyze various elements of film such as theme, cinematic techniques, and genre. It is now time to combine those elements into a comprehensive analysis of one movie. You will be completing this assignment in two stages:Read MoreEng 225 Week 5 Film Critique Final Paper836 Words   |  4 PagesWeek 5 Film Critique Final Paper Click Link Below To Buy: http://hwcampus.com/shop/eng-225/eng-225-week-5-film-critique-final-paper/ Or Visit www.hwcampus.com ENG 225 Week 5 Film Critique Final Paper Focus of the Final Film Critique Throughout this course, you have been compiling a blog and writing essays that analyze various elements of film such as theme, cinematic techniques, and genre. It is now time to combine those elements into a comprehensive analysis of one movie. You willRead MoreHistorical Film Analysis : The 3001139 Words   |  5 PagesHistorical Film Analysis: the 300 The 300 is a fictional retelling of Herodotus’s account of the Battle of Thermopylae from the perspective of Leonidas I and his fellow Spartans. The film is based on a comic book of the same name and is a live action, shot-by-shot visualization of said comic. 300 utilizes stunning two-dimensional graphics and dramatic lighting and camera angles to make the film look more like a moving comic. Both the film and its literary counterpart are full of historical inaccuraciesRead MoreWeek 5- Final Film Critique1421 Words   |  6 PagesWeek 5 – Final Film Critique Byron Phillips ENG 225 Introduction to Film Instructor Hayes 11 May 2015 FINAL FILM CRITIQUE There’s no doubt that Star Wars is one of the most impactful films of all time, having changed the movie-making game ever since it premiered in 1977. It quickly became a global phenomenon and has accumulated some of the most passionate fans in the universe. Star Wars: Episode IV - A New Hope is a great example to use in order to illustrate the properties discussed throughoutRead More300 Movie2752 Words   |  12 Pages300 Jonathan Hewitt ENG 225 Cicely Denean-Cobb October 2, 2012 The film I have chosen to do my critique on is Zack Snyder’s 300. 300 is a film about King Leonidas, the King of Sparta, and his 300 Spartan warriors who all stood up against the God-king Xerxes and his massive Persian army from annihilation. After watching the film very closely for my critique I believe there is a serious underlying theme that everyone has the right to be free and sometimes you have to stand up and make sacrificesRead MoreClassical Influences On Modern Films And Literature1171 Words   |  5 PagesVuong Khuat Classical influences on modern films and literature Classical Greece and Rome were ancient civilizations that existed 2500 years ago, and are regarded by numerous scholars as the foundation of humanities in various fields. In popular culture, Ancient Greece and Rome are portrayed substantially in books and movies; however, not many people are aware of how they also shape our thoughts, ideals, and motivations. Through an analysis of classical elements often portrayed in popularRead MoreFilm and Movie Industry1612 Words   |  7 Pages2013 The Movie Industry in 2008 (Case A amp; B) MBA Student: Waseem Hasan Ismail Submit to: TAGSB Administration 27 February 2013 Table of Contents Introduction 3 The Movie Industry in 2008 (Case A) 4 PESTEL Analysis – External Environmental 4 Porter’s five Analysis 4 Profitability Model for movie theaters 4 Key strategic issues facing movie theaters 4 Strategic actions that exhibitions might consider 4 The Movie Industry in 2008 (Case B) 4 Outlook for the movie industry improvedRead MoreThe Independent Film Pr Company s Mission941 Words   |  4 PagesExecutive Summary Our Independent Film PR Company’s Mission is to provide informed, media-savvy public relations services based on film industry knowledge, as well as a real understanding of the issues that affect our clients with a genuine enthusiasm for what we do. With the use of our effective digital marketing services such as providing support for independent filmmakers with distribution strategies, utilizing search engine for marketing campaigns and working with the actors about their mediaRead MoreAncient Greece And Rome Vs. Rome1179 Words   |  5 Pagesfoundation of humanities in various fields. In popular culture, Ancient Greece and Rome are portrayed substantially in books and movies; however, not many people are aware of how they also shape our thoughts, ideals, and motivations. Through an analysis of classical elements often portrayed in popular media, this essay attempts to illustrate how the representation of ancient Greece and Rome in books and movies influence our lives and e mphasize the need to stay informed as these influences can beRead MoreDisneys the Lion King: Sundiata in Disguise?1691 Words   |  7 Pagesstory greatly parallel the famous Disney movie The Lion King. Following this realization, an inquiring question arose. Is The Lion King just a reproduction of Sundiata? In focusing on this topic of discussion and comparing both the epic Sundiata and the Hollywood production, The Lion King, the areas where both works coincide with one another will be discovered, highlighted, and later utilized to conclude the origination of the movie. By the end of this analysis Sundiata will be revealed to be the basis

Challenges Ahead for Venture Capital Financing in India Free Essays

Venture Capital is money provided by professionals who invest and manage young rapidly growing companies that have the potential to develop into significant economic contributors. According to SEBI regulations, venture capital fund means a fund established in the form of a company or trust, which raises money through loans, donations, issue of securities or units and makes or proposes, to make investments in accordance with these regulations. The funds so collected are available for investment in potentially highly profitable enterprises at a high risk of loss. We will write a custom essay sample on Challenges Ahead for Venture Capital Financing in India or any similar topic only for you Order Now A Venture Capitalist is an individual or a company who provides. Investment Capital, Management Expertise, Networking marketing support while funding and running highly innovative prospective areas of products as well as services. Thus, the investments made by Venture Capitalists generally involves – – Financing new and rapidly growing companies. – Purchasing equity securities. – Taking higher risk in expectation of higher rewards. – Having a long frame of time period, generally of more than 5 – 6 years. – Actively working with the company’s management to devise strategies pertaining to the overall functioning of the project. – Networking and marketing of the product /service being offered. In an attempt to bring together highly influential Indians living across the United States, a networking society named IND US Entrepreneurs or TiE was set up in 1992. The aim was to get the Indian community together and to foster entrepreneurs for wealth creation. A core group of 10 – 15 individuals worked hard to establish the organisation. The group (TiE) has now over 600 members with 20 offices spread across the United States. Some of the famous personalities belonging to this group are Vinod Dham (father of the Pentium Chip), Prabhu Goel, K.B. Chandrashekhar (Head of $ 200 mn. Exodus Communications, a fibre optic network carrying 30% of all Internet content traffic hosting websites like Yahoo, Hotmail and Amazon.) Venture Capital Financing : It generally involves start up financing to help technically sound, globally competitive and potential projects to compete in the international markets with the high quality and reasonable cost aspects. The growth of South East Asian economies especially Hongkong, Singapore, South Korea, Malaysia along with India has been due to the large pool of Venture Capital funds from domestic / offshore arenas. Venture Capitalists draw their investment funds from a pool of money raised from public and private investors. These funds are deployed generally as equity capital (ordinary and preference shares) and some times as subordinated debt which is a semi secured investment in the company (through debenture) ranking below the secured lenders that often requires periodic repayment. Today, a VC deal can involve common equity, convertible preferred equity and subordinated debt in different proportions. The Venture Capital funding varies across the different stages of growth of a firm. The various stages are : 1. Pre seed Stage : Here, a relatively small amount of capital is provided to an entrepreneur to conceive and market a potential idea having good future prospects. The funded work also involves product development to some extent. 2. Seed Stage : Financing is provided to complete product development and commence initial marketing formalities. 3. Early Stage / First Stage : Finance is provided to companies to initiate commercial manufacturing and sales. 4. Second Stage : In the Second Stage of Financing working capital is provided for the expansion of the company in terms of growing accounts receivable and inventory. 5. Third Stage : Funds provided for major expansion of a company having increasing sales volume. This stage is met when the firm crosses the break even point. 6. Bridge / Mezzanine Financing or Later Stage Financing : Bridge / Mezzanine Financing or Later Stage Financing is financing a company just before its IPO (Initial Public Offer). Often, bridge finance is structured so that it can be repaid, from the proceeds of a public offering. There are basically four key elements in financing of ventures which are studied in depth by the venture capitalists. These are : 1. Management : The strength, expertise unity of the key people on the board brings significant credibility to the company. The members are to be mature, experienced possessing working knowledge of business and capable of taking potentially high risks. 2. Potential for Capital Gain : An above average rate of return of about 30 – 40% is required by venture capitalists. The rate of return also depends upon the stage of the business cycle where funds are being deployed. Earlier the stage, higher is the risk and hence the return. 3. Realistic Financial Requirement and Projections : The venture capitalist requires a realistic view about the present health of the organisation as well as future projections regarding scope, nature and performance of the company in terms of scale of operations, operating profit and further costs related to product development through Research Development. 4. Owner’s Financial Stake : The financial resources owned committed by the entrepreneur/ owner in the business including the funds invested by family, friends and relatives, play a very important role in increasing the viability of the business. It is an important avenue where the venture capitalist keeps an open eye. Problems of Venture Capital Financing : VCF is in its nascent stages in India. The emerging scenario of global competitiveness has put an immense pressure on the industrial sector to improve the quality level with minimisation of cost of products by making use of latest technological skills. The implication is to obtain adequate financing along with the necessary hi-tech equipments to produce an innovative product which can succeed and grow in the present market condition. Unfortunately, our country lacks on both fronts. The necessary capital can be obtained from the venture capital firms who expect an above average rate of return on the investment. The financing firms expect a sound, experienced, mature and capable management team of the company being financed. Since the innovative project involves a higher risk, there is an expectation of higher returns from the project. The payback period is also generally high (5 – 7 years). How to cite Challenges Ahead for Venture Capital Financing in India, Essay examples

The Tale of the Peculiar Girl free essay sample

Once upon a time, in a kingdom far, far away, there lived a peculiar girl. She had cropped hair flecked with damp Pacific sand and deep knowing eyes the color of a red cedar in the rain. Every day the girl awoke in her bedroom built of music and books, looked into the ominous dark forest, and decided whether it would be a Birkenstocks with socks day or a Birkenstocks without socks day. She ate her porridge of oats, soy milk, and fruit, drank her bitter coffee in just two gulps, and walked outside into the temperate rainstorm. Such was each morning, and each morning was good. The young girl asked many questions, and in this way she learned about the world. Soon her brain began to see the days as parabolas, the conversations as chords and dissonances, and the friendships as woven baskets. The Earth became magical and hope became truth. We will write a custom essay sample on The Tale of the Peculiar Girl or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page One day, a great storm befell the kingdom. The storm was like nothing the young girl had ever seen, and was not from the skies. Inside her heart and her soul and her mind the storm raged – for the peculiar girl had realized that in all her questioning, not once had she asked what was right and what was wrong. Heeding the darkness of the storm, she embarked on a quest for enlightenment. A great many years later, the not-so-young girl arrived at a castle where she was to learn the algorithms and words and ideas of the world. This castle was ruled and its laws set by the King of Catholicism from his distant home in Vatican City. The girl did not understand these strange laws. She did not understand why a King who preached love would spread inequality. She did not understand why two citizens who wholly loved each other must be banished if they happened to be both women or both men. And she did not understand why the King refused to allow his citizens to question these laws. The peculiar girls mind churned for days and weeks and months until she knew she must disobey the laws of the great King. On the sunniest day of the fourth month of the second year, the girl approached the leader of the castle. Seeking permission to form a group for women who love women, men who love men, and the vast number of people falling in between, the girl begged the leader using every magical potion of persuasion she possessed. But the leader would not yield, and the girl was denied. That night, she cried and cried until her tears watered an idea; the peculiar girl would have to form the group in secrecy, for its existence was still vital to the Kingdom. She found several citizens and a location in the basement dungeon of the nearby castle, and in this way, her idea grew. The first of many meetings of this group was filled with tearful stories, hopeful smiles, and devious plans. With each week, the group gained confidence, allowing ideas to escape from the dungeon with petitions, letters, interviews, rumors, and hope. In the years that followed, the not-so-young-but-still-peculiar girl continued to water her idea and her idea continued to grow. Baskets were woven, chords created, and parabolas summited. Soon, the idea grew so large that the greatest of storms could not overpower it – and the storm of the girls youth had passed. The girl was good and her future was bright. No longer confined to her fairy tale, the peculiar girl has begun to seek a new castle with a benevolent ruler in which she might pursue the true wisdom of the world and live happily ever after.

Justice Cecilia Munoz Palma High School Essay Example

Justice Cecilia Munoz Palma High School Essay Example Justice Cecilia Munoz Palma High School Paper Justice Cecilia Munoz Palma High School Paper Essay Topic: High School Background of the Study Soap is an indispensable cleansing agent, assisting people to maintain themselves and their milieus clean. When soap is assorted with H2O, it forms a soapsuds that washes out soil and lubricating oil for better than H2O entirely. Soap can be made on a little graduated table in the place or small town cheaply and easy. The chief ingredients are fats and lye both of which can be made from stuffs found through out the universe. Making soap at place is practical when there is waste fat or oil and when there is no inexpensive beginning of soap. Because of this, the research workers though of happening ways in using Psidium littorale in doing place made soap that can replace commercial soap. Alternatively of purchasing anti-bacterial commercial soap we can utilize place made guava soap. The Psidium littorale was chosen as a replacement ingredient for anti-bacterial commercial soap because it is cheaper non like the commercial anti-bacterial soap. Guava can merely garner in the backyard and it is easy to do. Significance of the Study This survey is important in doing a bathing soap with guava infusion as intervention for acne. This works is really common to our environment, and aside of its handiness ; it is easy to cultivate. It contains many constituents for mending tegument upsets. Scope and restriction This survey is focus merely on how guava infusion ( Psidium guajava Linn ) be effectual in killing micro-organism like Fungi and Bacteria. The survey of Psidium littorale foliages and acquiring their infusion is frequently utile. It has the ability to handle, remedy, disinfect tegument upsets and capable of being a herb tea works for acnes. Statement of Problem It stated that Guava leaves infusion is good for tegument. Based on research, it has many components that is good for tegument. It answers the undermentioned inquiries: 1. Be at that place any components of Psidium littorale foliages that is good for tegument? 2. If it is utile, how long will it take for the users to see complete consequences? Hypothesis Yes, Guava leaves is good intervention for acne. Chapter II EVALUATION, DESIGN AND FRAMEWORK Theoretical Model Conceptual Model Definition of footings

Rock Provenance by Petrologic Methods

Rock Provenance by Petrologic Methods Sooner or later, almost every rock on Earth is broken down into sediment, and the sediment is then carried away somewhere else by gravity, water, wind or ice. We see this happening every day in the land around us, and the rock cycle labels that set of events and processes erosion. We should be able to look at a particular sediment and tell something about the rocks it came from. If you think of a rock as a document, sediment is that document shredded. Even if a document is shredded down to individual letters, for instance, we could study the letters and tell pretty easily what language it was written in. If there were some whole words preserved, we could make a good guess about the documents subject, its vocabulary, even its age. And if a sentence or two escaped shredding, we might even match it to the book or paper it came from. Provenance: Reasoning Upstream This kind of research on sediments is called provenance studies. In geology, provenance (rhymes with providence) means where the sediments came from and how they got where they are today. It means working backward, or upstream, from the grains of sediment we have (the shreds) to get an idea of the rock or rocks they used to be (the documents). Its a very geological way of thinking, and provenance studies have exploded in the last few decades. Provenance is a topic confined to sedimentary rocks: sandstone and conglomerate. There are ways of characterizing the protoliths of metamorphic rocks and the sources of igneous rocks like granite or basalt, but theyre vague in comparison. The first thing to know, as you reason your way upstream, is that transporting sediment changes it. The process of transport breaks rocks into ever smaller particles from boulder to clay size, by physical abrasion. And at the same time most of the minerals in the sediment are chemically changed, leaving just a few resistant ones. Also, long transport in streams can sort out the minerals in sediment by their density, so that light minerals like quartz and feldspar can move ahead of heavy ones like magnetite and zircon. Second, once sediment arrives at a resting place- a sedimentary basin- and turns into sedimentary rock again, new minerals may form in it by diagenetic processes. Doing provenance studies, then, requires you to ignore some things and visualize other things that used to be present. Its not straightforward, but were getting better with experience and new tools. This article focuses on petrological techniques, based on simple observations of minerals under the microscope. This is the kind of thing geology students learn in their first lab courses. The other main avenue of provenance studies uses chemical techniques, and many studies combine both. Conglomerate Clast Provenance The big stones (phenoclasts) in conglomerates are like fossils, but instead of being specimens of ancient living things they are specimens of ancient landscapes. Just as the boulders in a riverbed represent the hills upstream and uphill, conglomerate clasts generally testify about the nearby countryside, no more than a few tens of kilometers away. Its no surprise that river gravels contain bits of the hills around them. But it can be interesting to find out that the rocks in a conglomerate are the only things left from hills that vanished millions of years ago. And this kind of fact can be especially meaningful in places where the landscape has been rearranged by faulting. When two widely separated outcrops of conglomerate have the same mix of clasts, thats strong evidence that they once were very close together. Simple Petrographic Provenance A popular approach for analyzing well-preserved sandstones, pioneered around 1980, is to sort the different kinds of grains into three classes and plot them by their percentages on a triangular graph, a ternary diagram. One point of the triangle is for 100% quartz, the second is for 100% feldspar and the third is for 100% lithics: rock fragments that havent fully broken down into isolated minerals. (Anything that isnt one of these three, typically a small fraction, is ignored.) It turns out that rocks from certain tectonic settings make sediments- and sandstones- that plot in fairly consistent places on that QFL ternary diagram. For instance, rocks from the interior of continents are rich in quartz and have almost no lithics. Rocks from volcanic arcs have little quartz. And rocks derived from the recycled rocks of mountain ranges have little feldspar. When necessary, grains of quartz that are actually lithics- bits of quartzite or chert rather than bits of single quartz crystals- can be moved over to the lithics category. That classification uses a QmFLt diagram (monocrystalline quartz–feldspar–total lithics). These work pretty well in telling what kind of plate-tectonic country yielded the sand in a given sandstone. Heavy Mineral Provenance Besides their three main ingredients (quartz, feldspar, and lithics) sandstones have a few minor ingredients, or accessory minerals, derived from their source rocks. Except for the mica mineral muscovite, they are relatively dense, so theyre usually called heavy minerals. Their density makes them easy to separate from the rest of a sandstone. These can be informative. For instance, a large area of igneous rocks is apt to yield grains of hard primary minerals like augite, ilmenite or chromite. Metamorphic terranes add things like garnet, rutile and staurolite. Other heavy minerals like magnetite, titanite and tourmaline could come from either. Zircon is exceptional among the heavy minerals. It is so tough and inert that it can endure for billions of years, being recycled over and over like the coins in your pocket. The great persistence of these detrital zircons has led to a very active field of provenance research that starts with separating hundreds of microscopic zircon grains, then determining the age of each one using isotopic methods. The individual ages arent as important as the blend of ages. Every large body of rock has its own blend of zircon ages, and the blend can be recognized in the sediments that erode from it. Detrital-zircon provenance studies are powerful, and so popular nowadays that theyre often abbreviated as DZ. But they rely on expensive labs and equipment and preparation, so theyre mainly used for high-payoff research. The older ways of sifting, sorting and counting mineral grains are still useful.

Marco Polo's Travel Account Essay Example | Topics and Well Written Essays - 1750 words

Marco Polo's Travel Account - Essay Example After having analyzed Marco Polo`s travelogue in detail along with the second hand accounts on his writings written afterwards, a few patterns can be identified conveniently. These accounts suggest that the Mongolian Empire which belonged to the Kublai Khan (1214-1294) was a highly glorified one, in the sense that the architecture of the farfetched land, especially Kublai`s palace was beyond imagination, also the Mongolian culture unlike that perceived by the Westerners is a highly enriched one which escalates the senses of anyone experiencing it. Moreover, though Marco Polo had also mentioned the hardships and distance which he had to face in detail, which implies that the journey was a highly difficult one, even after they possessed the VIP pass, however on experiencing their cultures and having the experience of staying close to Kublai Khan for so long, he finally concludes that the hardships were worth it. However, those who have reflected on the works of Marco Polo have further doubted the credibility of Marco Polo on the account that neither had he learnt the Chinese language during all those years, and adding insult to injury, some of the accounts which he had presented are way too amazing to be true. "When a man is riding through this desert by night and for some reason -falling asleep or anything else -he gets separated from his companions and wants to rejoin them, he hears spirit voices talking to him as if they were his companions, sometimes even calling him by name. Often these voices lure him away from the path and he never finds it again, and many travelers have got lost and died because of this. Sometimes in the night travelers hear a noise like the clatter of a great company of riders away from the road; if they believe that these are some of their own company and head for the noise, they find themselves in deep trouble when daylight comes and they realize their mistake.† ---- Marco Polo  Travels Quoted above is an account from the Marco Polo travels, an excerpt which indicates the hardships which he and even his companions had to face on their way to Cathay. Analyzing the excerpt, like the one quoted above, one may literally experience the intensity of hardships on the way, also the feelings of helplessness and extreme hunger and isolation while there is no way back. One might even start imagining that he is rather accompanying Marco Polo on his journey, given the quality of writings produced by Marco Polo where he has poured his heart out. Since Marco Polo`s father was a great merchant who had visited Cathay early on for trade, he had the honor of having met Kublai Khan, the emperor of Cathay, and thus the emperor had bestowed the merchant with a VIP passport, which allowed them to access horsebacks and other necessities and luxuries when the Polo brothers were to accompany their father. Relying on these where he experienced an adrenaline rush all that time while he was away, having gathered both good and bad tim es with him driving on either extreme like a pendulum. However, his stay in Cathay being close to Kublai Khan was rather more of a compensation for all he had experienced during his journey, and once Kublai Khan died, the miseries of Marco Polo still continued however these miseries contributed towards the writings

Pacoima City Research Paper Example | Topics and Well Written Essays - 1750 words

Pacoima City - Research Paper Example It is the state of the city which determines whether the areas safe for living that is in terms of physical factors and social factors which are known as city form. Analysing political and social factors clearly describe how the city looks like and it will be so important for investors and people who may have interest in taking part in the activities of the city. Walkability is defined as a measure of how an area is friendly for walking. Walkability has many economic benefits, environmental benefits and health benefits. Walkability is influenced by a number of factors; these factors include the absence or the presents of quality sidewalks, footpaths or other right of way of pedestrians, road and traffic conditions, building accessibility, and land use patterns among others. Pedestrian travel provides both individuals and society with a wide range of benefits. Planners and public health officials alike have been promoting policies that improve the quality of the built environment for pedestrians: mixed land uses, interconnected street networks, sidewalks and other facilities (Cao, 2006). Whether such policies will prove effective remains open to debate. In particular, two issues need further attention. First, the impact of the built environment on pedestrian behaviour may depend on the purpose of the trip, whether for the purposes of utilitarian or recreational. Second, the connection between the built environment and pedestrian behaviour may be more a matter of residential location choice than of travel choice (Cao, 2006). This study aims to provide new evidence on both questions. Studies have found out that although residential self-selection impacts both types of trips, it is the most important factor explaining walking to a destination for instance, shopping. After accounting for self-selection, neighbourhood characteristics, more specifically the perceptions of these characteristics, impact strolling frequency, while characteristics of local commercial area s are important in facilitating these trips such as shopping. Additionally, walkability has proved to have more community health benefits and individually, those activities appears to increase the number of friends and the number of people to associate with in life and also social interaction at large. Carbon monoxide emissions will be reduced because when people prefer walking opposed to driving there will be less emission of carbon gases. Walkability has also economic benefits apart from other benefits, this include the accessibility, it saves cost to both the public and individuals, it will increase the use of land and there will be no land to be wasted, increase in liveability and also the economic benefits which will be found by improving public and individual health and economic developing among the other benefits. The benefits are mostly guaranteed to the entire city not only limited to certain routes which are specialized. According to the American institute for cancer resea rch and the world cancer research fund they released their report that the people should be encouraged walking, because that walking will decrease the cancer infection. Literature Review Walkability is that measure of how a particular area is friendly to walking. It has health-wise, economic and environmental benefits. There are many factors that influence walkability which include land use patterns, building accessibility, traffic and

Influence Of Cybercrime On Internet Users Information Technology Essay

Influence Of Cybercrime On Internet Users Information Technology Essay The exceptional growth of internet continues into the 21st century, which has brought tremendous opportunities in the various fields of life like education, businesses and entertainment etc. Because of that everything has shrink to click of a mouse. However along with the increase in the benefits of internet, the risks involved in use of internet have also increased. Thats why we usually come across the fact that crime has made a home in cyberspace. [2][3] Electric commerce is rapidly becoming the important part of global economy. e.g. around 50 millions customer visit ebay store online per day is around 50 million. ebay sellers do the business around 6 million pounds per day. The profit making capacity of online businesses such as ebay not only increased the global economy, but has also amplified the rate of online crimes due to large number of customers involved in online transactions. The fast and easy email sending has not only amplified the personal business communication but also increased the chance for confident and expert criminals to steal the important information like credit cards or date of birth of unaware users using email and keyboard capture devices. Today, computers have become important of our day to day life. We know today with technology like neural networks and Nano-computing, atoms in a cup of water can be used to perform billions of operation per second. Cyber crime is a malevolence, which is growing with the increase in our reliance with computers in modern day to day life. In our todays life when anything from kitchen to nuclear power plants is being run by computers. Thats way cyber crime has become so common in everywhere in our life where computer is in used..[2] Cybercrime can said to be latest but it is perhaps the most complex problem in the cyber world. Cybercrime can be of various type but common thing in every cybercrime is that the computer is used as an object or subject in an act considered to be crime. Per Lord Atkin said in his book that, Any criminal activity that uses a computer either as an instrumentality, target or a means for perpetuating further crimes comes within the ambit of cyber crime Cybercrime has various definitions but generally a cybercrime can be understood as a unlawful conduct in which computer is either a target or tool or may be both. Computer can be utilized as a tool in various kinds of activities like financial crimes, online gambling, e-mail spoofing, forgery, cyber defamation. And computer can also be targeted for crime like unauthorized access to information, theft of the financial information like credit cards, Trojan attacks and even physically causing harm to computer system.[1][4] Cyber crime is a growing perhaps the biggest problem in cyber world. It is comprises of criminal acts, performed by the use of computer network, mainly internet. That can be carried out by sitting remotely. Such types of acts include unauthorised access of files, disturbing the functionality of the programs using viruses, logic bombs etc. Experts today argue that what comprise the cybercrime. Generally it is understood to be consisting of traditional activities such as fraud, theft and forgery using computer. Today it also includes cyber stalking. Cybercrime can also have acts not considered as a crime under one authority or law but may be considered as a crime under other authority or law. [3][5] This is a very important part of any research work, I have understood this concept clearly and I am going to get the primary data for my research from questionnaire. And for secondary data I have read various books written on cybercrime by great names, and also will be reading articles, journals, newspapers etc, in order to get as much data which would help me analysis. In my research work I will use questionnaire method to collect primary data, as It is the best choice to get in depth information from real users with the help of some open ended multiple choice questions. Moreover, In order to get the real picture open ended questions are very much beneficial to collect specific and in depth information. The reason I choose questionnaire method for my data gathering is that the information I need is directly related to the real time computer users, and there are different kind of techniques or ways of committing cybercrime. So I will make questionnaire considering various techniques and reasons, which lead a user to fall victim of a cybercrime. And one of the advantages of Questionnaire is that I am able to email and fax them to my require destination which is quick, safe. And this method is also cheap as compared to any other data collection methods. According to Kahn and Cannel, the most powerful technique of gathering consistent, valid and relevant data is questionnaire survey. I am also aware of few limitations to my research work. Time constraint is the main limitation as I have to perform number of tasks in limited time like selection of topic, data collection, data analysis and concluding my research etc. Another limitation can be words as I would have to write comprehensive and in depth report with minimum words possible.

Butler Lumber Company Case Study Essay

Summary of Facts. Butler Lumber Company is a Pacific Northwest based lumber distributor that sells plywood, moldings, and sash and door products. The sole owner of Butler Lumber is Mark Butler, accompanied by one administrative assistant and ten employees who focus on repairs and labor intensive work. Because of Butler Lumber’s competitive pricing scheme, it has seen rapid growth in the past few years. Due to the rapid growth and a shortage of cash in 1990, Butler Lumber Company is seeking to take out an additional loan in order for the business to sustain itself and grow in the coming years. Butler Lumber has the option to accept a loan of $250,000 from Suburban National Bank, or accept an unsecured revolving 90-day note of $465,000 at 10.5% interest from Northrop National Bank. If Mr. Butler decides to accept the note from Northrop National bank, it will sever the existing ties with Suburban National Bank and a new relationship must be maintained. Problem. If Mr. Butler accepts the loan from Suburban National Bank, he must agree to a secured loan that is backed by his real property that will act as collateral for the agreed amount of $250,000. Due to Suburban National Bank’s constraints, Mr. Butler is looking to find a new banking relationship that would allow him to negotiate a much larger unsecured loan. The amount of the loan offered by Suburban National Bank has made Mr. Butler realize the company’s growth potential – increase in sales, but also realize the increase in debt. Since he is limited on his loan and has little cash on hand, he has turned to trade credit for the past few years. As consultants, we will investigate the following four key issues: * Should Butler Lumber sever ties with Suburban National bank in order to obtain a larger loan from Northrop National Bank? * Why does Butler Lumber have a cash shortage problem to begin with, and are they currently using their existing funds efficientl y? * How much additional funding does Butler Lumber need, and will they continue to need even more in the future? * What sort of implications does the firm’s growth suggest? * Are there Alternative solutions to Butler Lumber’s cash shortage problems? Analysis. The need for cash is clear; however, there could be multiple opportunities to raise the capital that is needed. It is imperative that Butler Lumber takes into consideration the costs associated with accepting external financing, and in turn be able to assess whether or not it is the best solution. If relying on external financing is not plausible, Mr. Butler will have to search for alternative methods to grow his business – whether it’s finding a different financing solution or a way to generate cash by altering management activities. As we assess Butler Lumber’s operations from 1988 to 1990, it is clear that his reliance on trade credit and a specific focus on having a very competitive pricing schema has allowed the company to generate revenue up to this point. Although the company was able to generate revenue at an increasing rate during the given years, Butler Lumber was unable to accumulate any cash in order to fund operations moving forward. We will start by assessing one of the two immediately available options presented for Butler Lumber: Butler Lumber can remain with Suburban National Bank by accepting their loan offer of $250,000. The only apparent advantage of this option lies solely in the fact that the relationship with the bank already exists. The disadvantages are seen in the possibility that Butler Lumber will need additional financing past the initial loan amount, and the offered loan is now secured (backed by Mr. Butler’s real property), signaling that the bank has doubts that Butler Lumber will pay back the loan amount. Though Butler may be capable of repaying the amount, it is inevitable that the company will need more financing. Due to the bank’s recent focus on the riskiness of Butler Lumber, this may alter their ability to receive more funding from Suburban National Bank. Mr. Butler could alternatively choose to take the unsecured revolving 90-day note of $465,000 at 10.5% interest from Northrop National Bank. The apparent advantages are: it is a more flexible option, it is an unsecured loan that requires no collateral from Mr. Butler, and it is of a larger amount. The big disadvantages are: the termination of the banking relationship between Butler Lumber and Suburban National Bank, and the increased interest expense on the loan. Another disadvantage of establishing a LOC with Northrop National Bank is the possibility of restrictions on the company stating that the net working capital be maintained at a level agreed upon by both parties and any increase in fixed assets with approval by N orthrop. Also there would be limitations on withdrawals of funds from the business by Mr. Butler. Another concern with the loan is that Butler Lumber would need to draw additional loans from Northrop because the company is unable to pay back the loan amount within the 90 day period due to the lack of cash and liquid assets. -Why does Butler Lumber have a cash shortage problem to begin with ,and are they currently using their existing funds efficiently? The â€Å"Sources and Uses of Funds brings forth a snapshot of the company’s cash flows and illustrates the reason behind Butler Lumber’s cash deficit. For the past two years, Butler Lumber has generated negative cash flow from operations, which is alarming for the firm. Given the typical business model of a growing firm, Butler Lumber has seen increases in both the inventory and receivable accounts. This makes sense because the more customers Mr. Butler has, the more inventory he needs to have on hand and given his somewhat lackadaisical approach on payment collection, the amount of receivables is expected as well. This could be an issue for the firm, but if Mr. Butler has a strategy to fund operations until they are able to generate more cash, it will not break the firm. As inventory and receivables grow, an area to hone in on is whether or not these accounts are being turned over in a timely, progressive manner. As seen in the â€Å"Asset Utilization Analysis† table, the ratios for both receivable and inventory indicate that it is taking a longer period of time to collect money and a is holding on to inventory for much longer (nearly 15% and 10% longer, respectively). It is clear that Butler Lumber is not maximizing operational efficiency and will accrue extra costs as a result. -How much additional funding does Butler Lumber need, and will the firm continue to need even more in the future? After analyzing and projecting Butler Lumber’s 1991 Pro Forma Balance Sheet, we have decided to separate the projections when considering the current payable policy and also considering discounts. We have concluded that Butler Lumber will need additional funding of $409,000 under the current payables policy, and including purchase discounts, they will need $658,000 (seen in Exhibit 1). These figures indicate exactly how Mr. Butler has been operating, relying on specific payment terms with his suppliers and customers. Mr. Butler is using his accounts payable as a sort of leverage (funding) while he searches for external financing, which is quantitatively laid out in Exhibit 4. So the question becomes whether Mr. Butler should take advantage of the 2% purchase discount or continue to rely on the suppliers payment flexibility. The pro-forma analysis we generated is based on recent percent of sales from the years 1988-1990. -What sort of implications does the firm’s growth suggest? NEED SOMETHING ABOUT HOW THE SALES GROWTH OVERSHOOTS THE SUSTAINABLE GROWTH -Are there Alternative solutions to Butler Lumber’s cash shortage problems? If Mr. Butler does not or cannot obtain the loan through Northrop National bank, an alternative option is Recourse Factoring. Recourse Factoring is the selling off of Accounts receivables where the selling company is still responsible in the event of receivable default. A factor company purchases receivables from other companies and provides the necessary capital for a small fee. This can be very beneficial for companies experiencing problems with cash flows. This could be a potential option for Butler Lumber because they have slow paying clients and an extensive cash shortage problem. Butler’s Receivable turnover has decreased from 9.92 in 1988 to 8.5 in 1991 indicating it is taking longer to recover much needed cash. If Butler was able to factor away their receivables they would have more working capital, a flexible funding program that will increase only as their sales increase and also would help Butler take advantage of purchase discounts. If Butler found a Factoring company to take on 75% of their receivables , $317,000 cash would be freed up and eliminate the need for Additional funding. Even if Butler paid a small 2% factoring fee they would still easily be able to maintain their rapid rate of growth with the current $250,000 of funding through Suburban National Bank. Recommendation: Given the analysis of the firm, in order for the firm to continue it will need external financing. The recommendation that we give to Mr. Butler is that he accepts the LOC from Northrop National Bank, but only if the loan does not include any negative covenants such as restrictions on: the sale of assets, engaging in other businesses, and voluntary prepayment of other indebtedness. This financing is needed because the expected sales growth exceeds the firm’s sustainable growth rate and leads to a negative cash flow because of the trends Mr. Butler has displayed regarding his payables and receivables.

Case Study Supply Chain Management - 3530 Words

DIRECTV’S SUPPLY CHAIN Justin Lockett Florida Institute of Technology 4/20/2015 Introduction Supply chain management has become one of the core business practices for any organization in this contemporary business environment. The significance of effective supply chain management has increased over a period of time for cable and satellite service providers with objectives such as saving costs, reducing the manual efforts created by process changes, streamlining the information availability, and increasing the supply chain velocity time. Since the digital television market is becoming more heavily saturated, the need for organizations to develop new business model that enhance the agility of the supply chain has significantly†¦show more content†¦In 2004, Howard Hughes, the founder of the organization, has announced his intent to focus majorly on the satellite television service provision and rolled it out as a separate entity that provide satellite services to the household customers. DIRECTV has employed approximately 27,000 employees with net income of $2,859 mill ion in 2013 (DIRECTV, 2013). Supply Chain Management Supply Chain Management is a process of streamlining the supply-side activities in order to order to take control over production, shipment and distribution (Cooper et al, 1997). An impeccable supply chain management process should enhance the quality of the production environment and help the organization to gain the competitive advantage. The supply chain management, in a nut shell, looks after the flow of goods within the organization. The flow normally refers to the movement of raw materials from storage area to work-in-progress area to inventory of the finished goods to distribution to the inter-linked networks that reach the end customers. The effective supply chain management would help the organization to reduce the ownership of the raw materials and distribution channels and to enhance the trust and collaboration with the supply chain partners. The globalization, information technology and outsourcing practices have been helping the organizations to successfully operate sup ply chain networks with the help of the technology

A Group Meeting At 10 15 At The Church Of The Resurrection

Group Description: The CODA, Codependents Anonymous group meeting I attended meets every Saturday at 10:15 at the Church of the Resurrection in Tempe. This self-help group is open and homogeneous. It is for women only, is in one of the church’s classrooms, and has a couple rectangular tables and chairs to place as needed for the group size. The date I attended, March 26th there were eleven other women, all Caucasian, ages approximately from early twenties to early sixties. Occupations and status were not discussed. The meeting is absent of a specific leader; instead members are encouraged to take turns rotating who facilitate the meeting. I received permission through this group through a longtime friend and former coworker that has been a member for five years. I met with my friend March 25th ahead of time to explain what my assignment entailed and whether it would be all right to attend the meeting. She made sure I knew not to mention names in my report, not to bring in note taking materials and that when they asked me to share I could just say â€Å"thank you for this opportunity, I am happy to be here, I am just listening today.† Through the anonymity of the twelve step traditions one is not obligated to openly identify myself during the meeting, in addition there is not a hierarchy of the group, and new members are welcome and able to observe at any time. The meeting lasted approximately an hour and a half; time ranges depending on how member attendance. Facilitators:Show MoreRelatedA Group Meeting At 10 : 15 At The Church Of The Resurrection2273 Words   |  10 Pagesgroup Description: The CODA, Codependents Anonymous group meeting I attended meets every Saturday at 10:15 at the Church of the Resurrection in Tempe. This self-help group is open and homogeneous. It is for women only, is in one of the church’s small classrooms, and has a couple rectangular tables and chairs to place as needed for the group size. The date I attended, March 26th there were eleven other women, all Caucasian, ages approximately from early twenties to early sixties. Occupations andRead MoreThe Origins Of Christianity And Christianity1310 Words   |  6 Pagesanyone else’s of his time. The influences of his character, beliefs, customs, and teachings, are the foundation of the religion today. Throughout time and as more knowledge was gained and received, the customs of the religion changed and new smaller groups broke free from tradition and formed themselves into their own organizations. Every event that happened shaped the religion, but the messiah or better known as the Son of God, played the most important role. 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In Isaiah 10:12-19, Assyria is depicted as a mighty forest and the judgment of God is A Group Meeting At 10 15 At The Church Of The Resurrection group Description: The CODA, Codependents Anonymous group meeting I attended meets every Saturday at 10:15 at the Church of the Resurrection in Tempe. This self-help group is open and homogeneous. It is for women only, is in one of the church’s small classrooms, and has a couple rectangular tables and chairs to place as needed for the group size. The date I attended, March 26th there were eleven other women, all Caucasian, ages approximately from early twenties to early sixties. Occupations and status were not discussed. The meeting does not have a specific leader; instead members are encouraged to take turns rotating who facilitate the meeting. I received permission through this group through a longtime friend and former coworker that†¦show more content†¦The goal is to have every person facilitate at least one meeting and in doing so not take a leadership role but to keep the other members on task and within guidelines of the rules of CODA. The particular facilitator on March 26th did discuss her career as being something in administration and that she had recently been laid off. She did not offer any information on her training or education; instead she discussed her recent revelations with codependency, how she has grown from it, and what the meeting meant for her. She then allowed every member to have five minutes to do the same. This particular leader was calm, nice, welcoming, smiled, allowed everyone time to speak, and used a timer; but let members finish if their time was up, she did not have to intervene at any point. â€Å"Typically, they are directed by nonprofessional leaders who empower themselves or one of their members to facilitate the group. Some self-help groups are inner focused and work to provide each other mutual support around issues† (Maguire, 2002, p.125). The facilitator for the day asks if others want to read over the rules and if nobody volunteers she does. The rules include: no cross talk, limiting interruptions, if you need to answer a call or leave then do so quietly, and making this meeting your own journey, not others, and time to reflect on yourself not offer help to others. The meeting does not pause for anyone or