Thursday, August 15, 2019

Food and Society

The relationship between food and society require special attention. Food come first, no food no life, this is a fact, and nothing can be possible with out food. Society is a group of people related to each other through perseverance relations such as status, roles and social network. In pre-industrial societies, food production is carried out through the use of human and animal labour which is the main economic activities. Industrial revolution in 19th century brought the incredible changes.The most important invention was a railway which has put an unbelievable impact on different societies. The railway makes feasible the movement of people and transports the goods from one city to another even from country to country. This makes possible the food that had previously never been seen or heard of became available to most of the people. Most of the societies rely on the food transport and production, then those societies can be divided according to their level of technology and their method of production.The study of food and society is gradually increasing which is recognised to be one that can make a significant contribution to our understanding of the context with in which the production and consumption of commercial food and beverages takes place. The provision of food and beverages forms a part of the activities of the hospitality industry. However the hospitality industry subject area, there is just a small number of texts that cover the field. As an alternative of texts and resources that can contribute relevant theoretical frameworks to support the study of food and society are to be found in a number of fields of study.

BRIC Countries

While the United States and Japan still remains as an economic powerhouse, countries like Brazil, Russia, India, and China, collectively known as the BRIC countries, are seemingly headed for that same route. According to a thesis published by Goldman Sachs Investment Bank, the economy of these four countries are slowly improving and is likely to surpass the existing developed countries in the world by 2050.Aside from these four, there are other emerging markets namely BRIMC (including Mexico), BRICS (with South Africa), BRICA (the four countries and Arab nations like Saudi Arabia, Kuwait, UAE, Qatar, and Bahrain), and BICET( with Eastern Europe as well as Turkey)(Prado, 2008). The Global Outlook Jim O’Neill, who was the economist who proposed the thesis, forecasted that come 2050, the BRIC countries would have constituted more than 39 percent of world population and generated a collective GDP of $15.43 trillion. At present, they only account for 15 percent of the world’ s gross national product (GNP) compared to that of the six industrialized economies of the US, Germany, Japan, France, Italy, and Britain. However, it is predicted that despite their growing population, the BRIC countries would overtake these countries and become the leading countries as far as increasing growth and spending ability is concerned(Prado, 2008). BRIC Countries 4Although not regarded as a political alliance (like the EU) or formal trading blocs such as the ASEAN, the BRIC countries have made great strides in strengthening their cooperation, in order to influence the stand of the United States on major trade treaties, such as the proposed nuclear partnership with India(Prado, 2008). Despite of their cultural and political variations, the BRIC countries have shifted their political system in order to be globally competitive in a capitalist world(Prado, 2008). A Second Goldman Sachs Report In 2004, Goldman Sachs published a follow-up to its first BRIC research.In the secon d report, it was found out that people who have a yearly income of more than the $3,000 threshold will be twice as much in a span of three years and 800 million in ten years. This shows that there is huge increase in the amount of middle class in these states. By 2025, according to the second report, the number of people with an income of more than $15,000 would surpass the 200 million mark(Prado, 2008). However, the follow-up report likewise indicated that despite the shift in the economic growth, the average income in developed countries will remain higher compared to those in the BRIC countries(Prado, 2008).Responding To The Development A report released by PriceWaterhouse Coopers believes that investors must now set their sights on the BRIC countries as it presents a bright future for growth potentials. Economic growth has shifted from the United States and Europe to emerging countries BRIC Countries 5 like China and India. This was based from an observation by John Hawskworth, chief of the macroeconomics division of PricewaterhouseCoopers(Gorringe, 2008). According to forecasts, China would emerge as the biggest economy by 2025 replacing the United States and sustain their growth to 130% come 2050.Similarly, the economy of India would surpass that of the US by 90% in 2050. Brazil will move to number four dislodging Japan. Russia, along with Mexico and Indonesia, may become larger than the economy of Germany and the United Kingdom(Gorringe, 2008). It is worth mentioning that other emerging economies have been included in the list of Pricewaterhouse Coopers as potential growth areas. Among them are Vietnam, Nigeria, Bangladesh, Egypt, Philippines, and Turkey. Vietnam, in particular, has shown tremendous economic growth at 10% per annum.Come 2050, its economy would be 70% larger than the United Kingdom(Gorringe, 2008). Among the BRIC countries, China and India have shown the most significant improvement in terms of their economy. Although their population is over 1 billion, Chinese and Indian economy have grown rapidly. For China, the growth rate is at 10 percent per annum since 1980. India, for its part, registered a 9% growth in its economy in 2006. The combined output of the two countries went up from 6. 7% to 21. 3% from 1980 to 2005.According to predictions, world economy will be focused on China in the year 2015 and India by 2030(Gorringe, 2008). BRIC Countries 6 Over the years, the United States have become the major trading partner of both developed and developing countries. However, this is no longer the case, as many countries have now realized the potential that the BRIC countries have as a region of growth. For instance, the United States have long dominated the scrap market industry, but now China has become a major competitor in the manufacture and distribution of recyclable materials.India, likewise, is a new alternative as far as the scrap market is concerned(Sandoval, 2005). On the other hand, Russia and Brazil have be come a major source of raw materials. The significance of the BRIC partnership is that China and India can source their raw materials from Russia and Brazil(Prado, 2008). Although the economy of Brazil is still dependent on the United States, its local currency is doing well. In fact, during the past years, it has outperformed even the Euro(Mason, 2008). Conclusion Gone are the days when the United States dominated world economy.With emerging economies such as the BRIC, the time will come when the playing field as far as global economy is concerned will become level, with each country having their own share of economic growth. Pretty soon, the United States will eventually have to learn how to trade with other countries all over again. The emergence of the BRIC countries is a clear sign that potential growth is no longer concentrated on developed countries and that the balance of economy is veering away towards developing nations outside of North America and Europe.BRIC Countries 7 References Bustelo, P. The Economic Rise of China and India and its Implications for Spain. Real Instituto Elcano. 2007 August 8. Retrieved June 30 2008 from http://www. realinstitutoelcano. org/wps/portal/rielcano_in/Content? WCM_GLOBAL_CONTEXT=/Elcano_in/Zonas_in/DT+31-2007 Gorringe, J. Investors Should Look Beyond BRIC Countries, Says PwC. Law and Tax-News. com. 2008 March 10. Retrieved from http://www. lawandtax-news. com/asp/story. asp? storyname=30242 Mason, J. BRIC Is For Real. Seeking Alpha.2008 May 19. Retrieved June 30 2008 from http://seekingalpha. com/article/77727-bric-is-for-real Prado, T. The BRIC Thesis. What About Brazil. com. 2008 March 20. Retrieved June 30 2008 from http://www. whataboutbrazil. com/the-bric-thesis/ Sandoval, D. Shrinking World: The Growth of the BRIC Countries Is Making The World A Smaller Place(Brazil, Russia, India, and China). 2005 September 1. Retrieved June 30 2008 from http://goliath. ecnext. com/coms2/gi_0199-4753169/Shrinking-world-the-gr owth-of. html

Wednesday, August 14, 2019

Analysis of Divisional Performance of Asian Paints Ltd

PURUSHOTHAMAN ASSOCIATE PROFESSOR M. COM (BUSINESS FINANCE) DEPT. OF COMMERCE 2nd YEAR PONDICHERRY UNIVERSITY REG. NUMBER: 11351059 INTRODUCTION DIVISIONAL PERFOMANCE OF COST CENTRE AND PROFIT CENTRE A profit centre is a unit of a company that generates revenue in excess of its expenses. The main aim of profit centre is to earn profit. The performance of profit centre is evaluated in terms of whether the centre has been achieved its budgeted profit A  cost centre  is a business unit that is only responsible for the  costs  that it incurs. The manager of a cost centre is not responsible for  revenue  generation or asset usage. The performance of a cost centre is usually evaluated through the comparison of  budgeted  to actual costs. The costs incurred by a cost centre may be aggregated into a  cost pool  and allocated to other business units. Investment centre is responsible for both profit and investment. The investment centre manager has control over revenue, expenses and the amount invested in the current assets. The following are the techniques used to measure the divisional performance of cost centre and profit centre * Variance analysis * Profit * Return on investment * Market share COST PER UNIT: Cost refers to the total cost incurred for the production. So cost per unit refers to the cost incurred for producing 1 unit. Normally we used the below formula to calculate the cost per unit Cost/unit = total cost / No. of unit produced COST PER UNIT year| Production| Total expenses| COST PER UNIT| 008| 40946. 7| 559586| 0. 073173203| 2009| 50418. 7| 602922| 0. 083623918| 2010| 57937. 2| 732142| 0. 079133829| 2011| 72582. 9| 849056| 0. 085486587| Interpretation: The above table and chart shows the cost per unit of Asian paints India ltd. They incurred highest cost per unit in the year 2011. This may because increasing the cost of raw material or other charges etc. It is better to have lower cost per unit because when cost per unit increases the total cost will increase. That in turn reduces the profitability of a firm. In the 2008 the firms have lower cost per unit of production compared to other years. So may be this year the profit is increased. The cost per unit is higher in the years 2011 and 2009. COST VARIANCE Cost variance (CV) is the amount of money that was actually spent on a project or a part of a project compared to the amount of work that was actually accomplished. Cost variance = Budgeted cost of work performed – The actual cost of work performed. YEAR| TOTAL COST| STANDARD| COST VARIANCE | DECISION| 2008| 40946. 7| 61276. 54| -20329. 84| A| 2009| 50418. 7| 61276. 54| -10857. 84| A| 2010| 57937. 2| 61276. 54| -3339. 34| A| 2011| 72582. 9| 61276. 54| 11306. 6| F| 2012| 84,497. 20| 61276. 54| 23220. 66| F| Interpretation: Here from 2008 to 2010 there is a favorable situation because in these years actual cost is less than standard cost. In 2011 and 2012 actual cost exceeds standard cost. That may be because of increase in the cost/unit in these years. SALES VARIANCE Sales variance is the difference between actual sales and budget sales. It is used to measure the p erformance of a sales function, and/or analyze business results to better understand market conditions. Sales variance = Actual sales – standard sales Segment 1= Paint YEAR| SALE| STANDARD| SALES VARIANCE| DECISION| 2008| 39062. 2| 51731. 3| -12669. 1| A| 2009| 48641. 9| 51731. 3| -3089. 4| A| 2010| 56135| 51731. 3| 4403. 7| F| 2011| 63086. 1| 51731. 3| 11354. 8| F| Segment 2= Others YEAR| SALE| STANDARD| SALES VARIANCE| DECISION| 2008| 1731. 7| 1717. 375| 14. 325| F| 2009| 1634. 5| 1717. 375| -82. 875| A| 2010| 1774| 1717. 375| 56. 625| A| 2011| 1729. 3| 1717. 375| 11. 925| A| TOTAL SALES VARIANCE YEAR| TOTAL SALES| STANDARD| COST VARIANCE | DECISION| 2008| 40,946. 70| 62,655. 72| -21,709. 02| A| 2009| 50,418. 70| 62655. 72| -12,237. 02| A| 2010| 57,937. 0| 62655. 72| -4,718. 52| A| 2011| 72,582. 90| 62655. 72| 9,927. 18| F| 2012| 91,393. 10| 62655. 72| 28,737. 38| F| INTERPRETATION Sales variance is higher in the year 2012 which means that company sold more than standard sales in the year 2012. And the 2011 also have the favorable value but it is lower than 2012. From 2008 to 2010 company cannot sold more than standard sales. That is an unfavorab le situation for the company. MARKET SHARE The percentage of an industry or market’s total sales that is earned by a particular company over a specified time period is known as market share. Market share is calculated by taking the company’s sales over the period and dividing it by the total sales of the industry over the same period. This metric is used to give a general idea of the size of a company to its market and its competitors. Market share Year| Total sales| Industrial sales| Market share | 2008| 40,946. 70| 348047| 11. 76| 2009| 50,418. 70| 393266| 12. 82| 2010| 57,937. 20| 260717| 22. 22| 2011| 72,582. 90| 834703| 8. 70| 2012| 91,393. 10| 868,234. 00| 10. 53| Interpretation: Company has highest market share in the year 2010. It is decreased in the subsequent years may be because of increased price of the products. WORKING CAPITAL TURN OVER RATIO A measurement comparing the depletion of working capital  to the generation of sales over a given period called as working capital turn over ration. This  provides some useful information  as to how effectively a company is using  its working capital to generate sales. WORKING CAPITAL TURN OVER RATIO YEAR| TOTAL SALES| CURRENT ASSETS| CURRENT LIABILITIES| WC| WCTOR| 2008| 40,946. 70| 8,686. 30| 8018. 6| 667. 70| 61. 32| 2009| 50,418. 70| 10,403. 70| 7811. 4| 2,592. 30| 19. 45| 2010| 57,937. 20| 11,981. 00| 10588. 7| 1,392. 30| 41. 61| 2011| 72,582. 90| 15,475. 70| 11952. | 3,522. 90| 20. 60| 2012| 91,393. 10| 19,927. 70| 16008. 9| 3,918. 80| 23. 32| Interpretation: Here working capital ratio is higher in the year 2008. This means that company may have adequate working capital for their operation in 2008. Working capital to ratio is very lower in the subsequent years (i. e. 2009 to 2012), it shows that company is struggled with inadequacy of wor king capital in that years. INVENTORY TURN OVER RATIO Inventory Turnover Ratio is one of the efficiency ratios and measures the number of times, on average, the inventory is sold and replaced during the fiscal year. Inventory Turnover Ratio formula is: year| Total sales| opening stock| closing stock| Avg stock| ITOR| 2008| 40,946. 70| 40,946. 70 | 42,954. 70 | 41,950. 70 | 97. 61| 2009| 50,418. 70| 50,418. 70 | 52,427. 70 | 51,423. 20 | 98. 05| 2010| 57,937. 20| 57,937. 20 | 59,947. 20 | 58,942. 20 | 98. 29| 2011| 72,582. 90| 72,582. 90 | 74,593. 90 | 73,588. 40 | 98. 63| INTERPRETATION A low inventory turnover ratio is a signal of inefficiency, since inventory usually has a rate of return of zero. It also implies either poor sales or excess inventory. A low turnover rate can indicate poor liquidity, possible overstocking, and obsolescence, but it may also reflect a planned inventory buildup in the case of material shortages or in anticipation of rapidly rising prices. In our case the 2008 has the lower turnover rate. A high inventory turnover ratio implies either strong sales or ineffective buying (the company buys too often in small quantities, therefore the buying price is higher). A high inventory turnover ratio can indicate better liquidity, but it can also indicate a shortage or inadequate inventory levels, which may lead to a loss in business. Here the years from 2009 to 2011 there is constant turnover rate. RETURN ON INVESTMENT A performance measure used to evaluate the efficiency of an  investment or to compare the efficiency of a number of different investments. The objective of every firm is to earn a satisfactory return on capital invested. This is the measure of success i. e. it shows the overall profitability of the firm. ROI = PAT/ cap. Employed YEAR| PBIT| CAPILAT EMPLOYED| ROI| 2008| 5925. | 9,285. 00| 63. 81583199| 2009| 6075. 9| 10,944. 70| 55. 51454128| 2010| 10526. 9| 15,572. 20| 67. 60059593| 2011| 11636. 7| 19,753. 20| 58. 91045501| 2012| 14,086. 30| 24,877. 80| 56. 62196818| INTERPRETATION The above table and chart implies us, The ROI is higher in the year 2008. The Company gets 63. 82% as return on investment. This may because; in this y ear company sold more than the standard sales. So return on investment is increased. Company received lowest ROI in the year 2009 CONCLUSION: The Asian paints ltd is having an indifferent performance levels, they have both positive and negative performance indicators. The sales variance is for the last two years is favorable for the company, and also all other indicators such as cost variance favorable for the firm. Another thing is that market share of the company shows a decreasing trend due to decrease in sales. The inventory and working capital of the company is also not good. So it is important for the company to focus on to improve sales volume with higher turnover, better maintenance of working capital. And to try to get more return on investment by adopt necessary measure and techniques. Analysis of Divisional Performance of Asian Paints Ltd PURUSHOTHAMAN ASSOCIATE PROFESSOR M. COM (BUSINESS FINANCE) DEPT. OF COMMERCE 2nd YEAR PONDICHERRY UNIVERSITY REG. NUMBER: 11351059 INTRODUCTION DIVISIONAL PERFOMANCE OF COST CENTRE AND PROFIT CENTRE A profit centre is a unit of a company that generates revenue in excess of its expenses. The main aim of profit centre is to earn profit. The performance of profit centre is evaluated in terms of whether the centre has been achieved its budgeted profit A  cost centre  is a business unit that is only responsible for the  costs  that it incurs. The manager of a cost centre is not responsible for  revenue  generation or asset usage. The performance of a cost centre is usually evaluated through the comparison of  budgeted  to actual costs. The costs incurred by a cost centre may be aggregated into a  cost pool  and allocated to other business units. Investment centre is responsible for both profit and investment. The investment centre manager has control over revenue, expenses and the amount invested in the current assets. The following are the techniques used to measure the divisional performance of cost centre and profit centre * Variance analysis * Profit * Return on investment * Market share COST PER UNIT: Cost refers to the total cost incurred for the production. So cost per unit refers to the cost incurred for producing 1 unit. Normally we used the below formula to calculate the cost per unit Cost/unit = total cost / No. of unit produced COST PER UNIT year| Production| Total expenses| COST PER UNIT| 008| 40946. 7| 559586| 0. 073173203| 2009| 50418. 7| 602922| 0. 083623918| 2010| 57937. 2| 732142| 0. 079133829| 2011| 72582. 9| 849056| 0. 085486587| Interpretation: The above table and chart shows the cost per unit of Asian paints India ltd. They incurred highest cost per unit in the year 2011. This may because increasing the cost of raw material or other charges etc. It is better to have lower cost per unit because when cost per unit increases the total cost will increase. That in turn reduces the profitability of a firm. In the 2008 the firms have lower cost per unit of production compared to other years. So may be this year the profit is increased. The cost per unit is higher in the years 2011 and 2009. COST VARIANCE Cost variance (CV) is the amount of money that was actually spent on a project or a part of a project compared to the amount of work that was actually accomplished. Cost variance = Budgeted cost of work performed – The actual cost of work performed. YEAR| TOTAL COST| STANDARD| COST VARIANCE | DECISION| 2008| 40946. 7| 61276. 54| -20329. 84| A| 2009| 50418. 7| 61276. 54| -10857. 84| A| 2010| 57937. 2| 61276. 54| -3339. 34| A| 2011| 72582. 9| 61276. 54| 11306. 6| F| 2012| 84,497. 20| 61276. 54| 23220. 66| F| Interpretation: Here from 2008 to 2010 there is a favorable situation because in these years actual cost is less than standard cost. In 2011 and 2012 actual cost exceeds standard cost. That may be because of increase in the cost/unit in these years. SALES VARIANCE Sales variance is the difference between actual sales and budget sales. It is used to measure the p erformance of a sales function, and/or analyze business results to better understand market conditions. Sales variance = Actual sales – standard sales Segment 1= Paint YEAR| SALE| STANDARD| SALES VARIANCE| DECISION| 2008| 39062. 2| 51731. 3| -12669. 1| A| 2009| 48641. 9| 51731. 3| -3089. 4| A| 2010| 56135| 51731. 3| 4403. 7| F| 2011| 63086. 1| 51731. 3| 11354. 8| F| Segment 2= Others YEAR| SALE| STANDARD| SALES VARIANCE| DECISION| 2008| 1731. 7| 1717. 375| 14. 325| F| 2009| 1634. 5| 1717. 375| -82. 875| A| 2010| 1774| 1717. 375| 56. 625| A| 2011| 1729. 3| 1717. 375| 11. 925| A| TOTAL SALES VARIANCE YEAR| TOTAL SALES| STANDARD| COST VARIANCE | DECISION| 2008| 40,946. 70| 62,655. 72| -21,709. 02| A| 2009| 50,418. 70| 62655. 72| -12,237. 02| A| 2010| 57,937. 0| 62655. 72| -4,718. 52| A| 2011| 72,582. 90| 62655. 72| 9,927. 18| F| 2012| 91,393. 10| 62655. 72| 28,737. 38| F| INTERPRETATION Sales variance is higher in the year 2012 which means that company sold more than standard sales in the year 2012. And the 2011 also have the favorable value but it is lower than 2012. From 2008 to 2010 company cannot sold more than standard sales. That is an unfavorab le situation for the company. MARKET SHARE The percentage of an industry or market’s total sales that is earned by a particular company over a specified time period is known as market share. Market share is calculated by taking the company’s sales over the period and dividing it by the total sales of the industry over the same period. This metric is used to give a general idea of the size of a company to its market and its competitors. Market share Year| Total sales| Industrial sales| Market share | 2008| 40,946. 70| 348047| 11. 76| 2009| 50,418. 70| 393266| 12. 82| 2010| 57,937. 20| 260717| 22. 22| 2011| 72,582. 90| 834703| 8. 70| 2012| 91,393. 10| 868,234. 00| 10. 53| Interpretation: Company has highest market share in the year 2010. It is decreased in the subsequent years may be because of increased price of the products. WORKING CAPITAL TURN OVER RATIO A measurement comparing the depletion of working capital  to the generation of sales over a given period called as working capital turn over ration. This  provides some useful information  as to how effectively a company is using  its working capital to generate sales. WORKING CAPITAL TURN OVER RATIO YEAR| TOTAL SALES| CURRENT ASSETS| CURRENT LIABILITIES| WC| WCTOR| 2008| 40,946. 70| 8,686. 30| 8018. 6| 667. 70| 61. 32| 2009| 50,418. 70| 10,403. 70| 7811. 4| 2,592. 30| 19. 45| 2010| 57,937. 20| 11,981. 00| 10588. 7| 1,392. 30| 41. 61| 2011| 72,582. 90| 15,475. 70| 11952. | 3,522. 90| 20. 60| 2012| 91,393. 10| 19,927. 70| 16008. 9| 3,918. 80| 23. 32| Interpretation: Here working capital ratio is higher in the year 2008. This means that company may have adequate working capital for their operation in 2008. Working capital to ratio is very lower in the subsequent years (i. e. 2009 to 2012), it shows that company is struggled with inadequacy of wor king capital in that years. INVENTORY TURN OVER RATIO Inventory Turnover Ratio is one of the efficiency ratios and measures the number of times, on average, the inventory is sold and replaced during the fiscal year. Inventory Turnover Ratio formula is: year| Total sales| opening stock| closing stock| Avg stock| ITOR| 2008| 40,946. 70| 40,946. 70 | 42,954. 70 | 41,950. 70 | 97. 61| 2009| 50,418. 70| 50,418. 70 | 52,427. 70 | 51,423. 20 | 98. 05| 2010| 57,937. 20| 57,937. 20 | 59,947. 20 | 58,942. 20 | 98. 29| 2011| 72,582. 90| 72,582. 90 | 74,593. 90 | 73,588. 40 | 98. 63| INTERPRETATION A low inventory turnover ratio is a signal of inefficiency, since inventory usually has a rate of return of zero. It also implies either poor sales or excess inventory. A low turnover rate can indicate poor liquidity, possible overstocking, and obsolescence, but it may also reflect a planned inventory buildup in the case of material shortages or in anticipation of rapidly rising prices. In our case the 2008 has the lower turnover rate. A high inventory turnover ratio implies either strong sales or ineffective buying (the company buys too often in small quantities, therefore the buying price is higher). A high inventory turnover ratio can indicate better liquidity, but it can also indicate a shortage or inadequate inventory levels, which may lead to a loss in business. Here the years from 2009 to 2011 there is constant turnover rate. RETURN ON INVESTMENT A performance measure used to evaluate the efficiency of an  investment or to compare the efficiency of a number of different investments. The objective of every firm is to earn a satisfactory return on capital invested. This is the measure of success i. e. it shows the overall profitability of the firm. ROI = PAT/ cap. Employed YEAR| PBIT| CAPILAT EMPLOYED| ROI| 2008| 5925. | 9,285. 00| 63. 81583199| 2009| 6075. 9| 10,944. 70| 55. 51454128| 2010| 10526. 9| 15,572. 20| 67. 60059593| 2011| 11636. 7| 19,753. 20| 58. 91045501| 2012| 14,086. 30| 24,877. 80| 56. 62196818| INTERPRETATION The above table and chart implies us, The ROI is higher in the year 2008. The Company gets 63. 82% as return on investment. This may because; in this y ear company sold more than the standard sales. So return on investment is increased. Company received lowest ROI in the year 2009 CONCLUSION: The Asian paints ltd is having an indifferent performance levels, they have both positive and negative performance indicators. The sales variance is for the last two years is favorable for the company, and also all other indicators such as cost variance favorable for the firm. Another thing is that market share of the company shows a decreasing trend due to decrease in sales. The inventory and working capital of the company is also not good. So it is important for the company to focus on to improve sales volume with higher turnover, better maintenance of working capital. And to try to get more return on investment by adopt necessary measure and techniques.

Tuesday, August 13, 2019

Governments Position Towards Legalization of Marijuana Research Paper

Governments Position Towards Legalization of Marijuana - Research Paper Example These positive attributes include medical value and recreational use. Most of the Americans who use marijuana do so because they have made deliberate and conscious decisions to use it. Facts show that most of these American prefer using marijuana as a way of relaxing (Morgan 27). They say that it serves them better than when they use alcohol. There are many others who use it as a way of relieving pain and spasticity. These are individuals who have tried the conventional medicines, but the modern medicines have not served them. Most of the users of marijuana say that they have made an observation that it has a low dependence liability and that it has got minimal side effects which are easy to manage (Kenworthy 29); therefore, it makes sense to make that drug legal (Varney 4). Those who use marijuana for a significant amount of time develop a tolerance for its side effects. In case some of these people fail to develop this tolerance, they opt to stop using the drug. Most of the America ns who use marijuana have a truly informed consent before making a decision to use the drug. This is because they consider that using marijuana has more benefits compared to the risks of using the same drug. Marijuana can support many vital government programs if it is taxed (Kenworthy 29). This is because the drug is extremely expensive, at the moment, for the American justice system. When the law enforcing agents arrest about 800,000 Americans per year because of either using or possessing the drug, they forego there are beneficial programs in order to do this (Turnlund 19). All these individuals are then taken to court, and it takes a lot of time before all these cases can be disposed. This is what it means to say that the use of marijuana is too expensive to the American justice system (Morgan 27). All these people cause the American jail to be clogged, and jail space is wasted.

Monday, August 12, 2019

Advertising Essay Example | Topics and Well Written Essays - 500 words - 3

Advertising - Essay Example Advertising has changed over time, and advertising of the  present  time is not as the same what advertising used to be sixty years ago. In this paper, I will look at how the techniques used in advertising have changed over the years while some aspects still maintain the  appeal, as well as analyze how advertising works. The  gradual  technological advancement over the years has bought with it  modern  forms of advertising such as the use of the internet. However, in all the developing aspects of advertising media, there is still that appeal that advertisers use to get the attention of potential customers. According to  Fowles  (2011), advertisers usually  target  the  psychological  needs of consumers through their use of graphics and texts based on the emotional point of view. Advertisers take advantage of the fact that people have deep-lying desires and that individuals  privately  yearn for certain things to  present  their propositions in the most  appealing  ways. They do this by creating images in the minds of consumers about how  good  they will  feel  when they finally  satisfy  their  longing (Fowles, 2011). An advertisement contains a  combination  of both texts and graphics but in some cases, only texts or graphics. When there is the use of textual components in advertisement, one has to make sure that the words used  bring  out the message in the best way possible. Bovà ©e et al. (2009) suggest that the services of a copywriter, as unknown to many, are  extremely  crucial in the success of an advertisement. Copywriters know how to play around with words that capture the attention of  possible  buyers and promote the merits of products and services to the consumer. They combine the various aspects of textual components to make sure that when the advert is finally out, everything flows well, and the intended  message  is clear to all. Coming up with an effective

Sunday, August 11, 2019

Analysis of Group Processes Essay Example | Topics and Well Written Essays - 1000 words

Analysis of Group Processes - Essay Example Group Overview This group has been formed for the purposes of attaining a particular objective. The primary directive of the group is to provide Death Star Hospital (DSH) with clear directions on how to achieve a better healthcare service delivery in Death Star Hospital. The group is made up of seven people, all from different hospital departments. Each member has their own responsibilities, and in working together the group is able to meet its targets and obligations (Hogg and Tindale, 2001). The group is tasked with formulating a way through which DSH will increase efficiency in all its departments to ensure a better quality service is delivered to patients. Members of the Group 1. Yoda: Team Manager Yoda is the most learnt member of the group; he is a hospital administrator. His creativity, positive thinking, passion and dedication make him the right man to be at the helm of the group. He easily interacts with people and has a witty sense of humour. We nicknamed him Yoda because o f how he is able to perceive what one wants to say when having difficulty in explaining oneself. Despite being a highly ranked member of the hospital management, he prefers working in the ‘trenches’ with the rest of staff, as he loves his work. 2. Leila: HR Manager When she arrived in Death Star Hospital three years ago, the human resource department was on the verge of being scrapped from the company due to its unproductiveness. Leila single-handedly brought the department back to life, and it is one of the most efficient and productive departments within the hospital. No challenge is too big for this young lady; she is extremely proactive when it comes to finding solutions in case any problem arises. However, her strict attitudes make her come across as aggressive in situations that involve confrontation, and she can be extremely intimidating. 3. C-3PO: Health Science Librarian C-3PO is the Health Science Librarian at DSH and she is held in high regard among her peers in the industry. C-3PO believes in self-drive and is not patient with people who delay her progress. She has excellent people skills. 4. Luke: Chief Resident His high level of expertise makes him a highly experienced doctor within DSH. He is a conservative person and does not talk much during work hours. He does not take personal or professional attacks lightly, and he tends to be very defensive if his department comes under fire. He has gotten himself into trouble with the hospital administrator for putting the needs of his department in front of the hospital’s needs. 5. Darth Vader: Financial Manager His impeccable cost cutting mechanisms are unmatched within the hospital. Darth Vader had climbed the corporate ladder to the manager position within the first four years of joining Death Star Hospital. Sometimes he gets too personal when hospital departments abuse their budget allocations. He is a good team player and a good listener when people give him suggestions and ideas . 6. Landor: System Analyst Landor has been with DSH for around six years now; he is currently the head of the hospital’s IT department. He was instrumental when DSH was switching from a manual system to a computerised one three years ago. He is a good communicator and is able to determine user requirements without fail, and he delivers each and every time even when given short deadlines. 7. R2-D2: Chief Nurse R2-D2 is the head of the nursing department of DSH. Even though she is young, she maintains a high

Saturday, August 10, 2019

A Good Fall by Ha Jin Essay Example | Topics and Well Written Essays - 1500 words

A Good Fall by Ha Jin - Essay Example The characters are hit by reality which is a new environment that although different from the usual life in China, imposes a new kind of harsh limitations that often experienced in crisis that molds a new, and at times unwanted, transitional identity for the Chinese immigrants. This essay contrasts the concepts of freedom and imprisonment in â€Å"A Good Fall† with â€Å"The House behind a Weeping Cherry as the emigrants attempt to break away from the limitations presented by life in Flushing in order to achieve a more purposeful life. In the "The House behind a Weeping Cherry" (Jin 195) the main characters are depicted as living inside a prison due to the circumstances they find themselves in while in New York. "The House behind a Weeping Cherry" begins with Wanren contemplating his next move after his roommate had moved meaning he had to shoulder all the rent by himself. This was going to be a daunting task for Wanren as he could not shoulder all the rent by himself. It could have been easier for Wanren to move to a new place but the apartment is located continently near his workplace. Wanren is therefore caught between finding a new apartment which will further incontinence him work as he will have to travel from the new place to his workplace or pay more which will further complicate his financial situation as a migrant without any proper skill. Therefore, Wanren is caught in a mental prison with all his options having a negative impact on his financial and social status. Wanren is however saved from these pos sibilities when Mrs. Chen presents him with an alternative of driving the girls to see their clients in exchange for Wanren maintain his rent was it was. Wanren is however not salvaged from his imprisonment as he is now forced to break the law by being initiated into something illicit playing part in a prostitution