Dimensions Of Buyer Supplier Relationships - 1736 Words

Dimensions of buyer-supplier relationships Trust, communication, cooperation, interpersonal relationship and power-dependence are the five dimensions of buyer supplier relationship. The play an important role in high-value strategic relationships, in such relationships, it is important that the buyer and the supplier see the benefits they are gaining from the continuous relationship. Trust Trust can be defined as the willingness to rely on an exchange partner in whom one has confidence (Moorman et al., 1992). Furthermore, power and dependence have an effect on trust and commitment with several of studies exploring these factors together (Autry and Golicic, 2010; Lawler and Yoon, 1993; Griffith et al., 2006; Narasimhan et al., 2009). Power is define as â€Å"one’s ability to influence the intentions and actions of another. As there are different findings within the social exchange theory literature regarding the interplay of these factors, this study uses the factors of trust, communication, dependence and power. Researchers report that the benefits of building trust in business relationship, reduce the risk of opportunistic behavior, Increase long term orientation, facilitate cooperative transaction and eager to engage in future business opportunity. Personal trust and organizational trust are the two major aspects of trust. A focus on both will give more insights on how trust plays an important role in buyer-supplier relationship. When comparing the buyers andShow MoreRelatedRelationship Between Trust And Trust961 Words   |  4 Pagesin a buyer-seller relationship, trust has to be involved. Long term business relationships are mostly constructed on only trust. When trust is yielded, good things happen to both parties. When both parties of the relationship trust each other, the results are mutually profitable. When jumping into a relationship, trust must be kept in perspective for future transactions can come out fairly and smoothly. The operation of trust will change your perspective on the foundations of how relationships areRead MoreA Review On The Kraljic Portfolio1126 Words   |  5 Pagesportfolio helps the buyers in having a wide range of suppliers it becomes easier for them to manage and chose the most profitable ones. The Kraljic portfolio is based on two different matrices. The first one categorizes firm’s purchased products (profit impact) and the other dimension being the supply risk invo lved in it. The values of both the dimensions can be high as well as low. To show the comparative position of the firm in the parallel supply market is the second dimension of kraljic’s matrixRead MoreHeartland Essay1550 Words   |  7 Pagestwo advantages of basing a supplier’s overall evaluation on its lowest performance. First of all, it is a simple way to exclude poorly performed suppliers. Since Heartland amp; Company could have a list of thousands of potential suppliers that need to be evaluated, this method could save a lot of time for managers to pick up a handful of qualified suppliers. Moreover, according to â€Å"Liebig’s law of the minimum†, the growth is usually controlled by the scarcest resource, just like the water availableRead MoreA Theory Of Current Interest834 Words   |  4 Pagescommitment is actually a normative rather than a calculative affair, as was thought to be the case in the past (Amani, 2015). Finally, this view regarding trust and commitment is one of a relationship that is built on customers who are simply dissatisfied with other suppliers of goods and services and settle on the supplier that leaves them the least dissatisfied (Amani, 2015). What this means is that, although trust and commitment appear to be illusive entities in today’s competitive marketplace, thisRead MoreRelationship Quality As a Predictor of Customers Loyalty in B2B Business1391 Words   |  6 PagesRelationship Quality Customers LoyaltyPage 9 Relationship Quality As a Predictor of Customers Loyalty In B2B Business Contents Introduction 3 Research Problem 4 Hypothesis 4 Research Conducted 4 Limitations of Research 5 Conclusion and Managerial Implications 6 References 8 Introduction Customer loyalty and satisfaction are the two most important variable factors having an impact on the continuation of any business relationship. However, there have been concerns about the effectRead MoreCritical Success Factors Affecting Supplier Selection826 Words   |  4 Pages Analysis of critical success factors affecting supplier selection 1. Cost: The main reason to identify cost related criteria such as operation cost, purchasing cost, transportation cost and taxes. Cost is major factor for selecting supplier. The factor that affect this criteria are: 1.1 Price company always cheaper price to increase the profit for company. So company therefore must find a low cost supply base. 1.2 Distribution cost includes distribution channel cost, inventory cost, packagingRead MoreHeartland Company Essay772 Words   |  4 PagesOn April 19, 2008, Walter A. Walsh, Supply Management Manager for Heartland Company, met with one of his buyers, Olivia Newcomb, in his office. They discussed her Heartland Company cost reduction goals for bearing #B02326620. After the meeting Mr. Walsh began wondering if changes should be made to the way suppliers were being evaluated and how business should be allocated among suppliers performing at different levels. These were issues needing further consideration. Founded in 1875, HeartlandRead MorePurchasing Performance Measurement At Ibm Essay1542 Words   |  7 Pages Fig 6.1.Purchasing and Supply Development Model adapted to show IBM’s position Measuring purchasing performance must take into consideration the values of the organization. A firm focused on innovation would not value primarily low costs from suppliers as a purchasing breakthrough. The key performance indicators for purchasing performance measurement will always be closely aligned the firm’s values, strategy and goals. Executive management needs measures that accurately reflect the performanceRead MoreThe Integrated Model1658 Words   |  7 Pagesused by the buyer in making buying decisions. Factors that affect decisions made in the integrated buying model are the cost per unit, quality level, and lead time. As each company tries to achieve their competitive advantage, the goals of a purchasing decision may vary. For example, most purchasing decisions require buying the right material at an acceptable cost and quality level within a reasonable lead time. The decision maker must consider multiples goals. As a result, the buyer is faced withRead MoreEssa y on Chiquita Brands - Porters Five Forces803 Words   |  4 Pages d. Economies of scale – Companies in the banana industry have achieved economies of scale due to their size and the fact that they produce one variety of bananas in large quantities. e. Existing companies in the industry have formed strong relationships with governments in the regions in which they produce their crop. This could make it difficult for new entrants to enter these markets. f. Limited land resources. g. Labor intensive industry. h. Absolute Cost Advantages. 2. Rivalry Among

The Reasons Behind the World’s Hatred for the US Essay

Many non-Americans, who regularly watch American movies and TV shows, listen to American music, wear clothes of American brands, get very agitated when this topic comes up. Even though they immerse themselves in all American aspects of life, the majority of them still show an open, unabashed hatred for the US. One of the major reasons for this resentment is because those movies and TV shows and news channels almost always portray the US in a negative light, subtly implying as though the US was the root of all evil, which is run by giant faceless corporations bent on doing nothing but increasing their revenue, by any means possible; without caring for whatever repercussions their actions may have. When a message like this is continually†¦show more content†¦These corporations are a direct by-product of this ‘Money Culture’, and definitely its most unsettling one. In the corporate world, only the most ruthless corporations, with their hostile money grabbing polici es and intelligently tailored advertisements to promote their revenues; while advancing the cause of consumerism; thrive. Owing to the legalization of extensive lobbying, where lawmaking can be influenced by paying politicians, these few capital rich corporations and organizations can influence governmental decisions to a great degree, especially foreign policies, effectively leaving third world countries open for exploitation by them. For example, Shell Oil, an MNC (Multi National Corporation), extracted 50% of Nigeria’s yearly crude output, and 14% of its own output from the Niger delta region (The Changing Nature of Third World Exploitation, 1995). Though a large number of the local populace was recruited by Shell to serve as the basic labor force, there has been no change in the deplorable conditions the locals were living in. Over a period of 15 years, due to massive and widespread oil spills, heavy land degradation of the alluvial soil has taken place. The locals, who come from an agriculture based society, have in effect, been deprived of their ancestral way of life, their heritage, all due to the greed driven actions of the partlyShow MoreRelatedHow Has Homophobia Become a Witch Hunt? Essay1092 Words   |  5 Pagesfurther more if one cannot provide solid proof of his or her innocence. (Hughes) It is the fuel behind many hate crimes and discrimination. Some claim that homosexuality is a disease. If this statement is true, couldn’t we all simply begin to call in â€Å"queer† to work and school when we won’t be present? (Avert) Homophobes provide numerous reasons, which they view extremely valid, to back up their hatred. â€Å"It’s not natural† – a weak argument. Biologists frequently see homosexual behavior in other mammalianRead MoreHiroshima And Nagasaki And Hiroshima1181 Words   |  5 Pagespotential for nuclear devastation is forever banging over the United States. Bombing of Hiroshima and Nagasaki[(www.democracynow.org)Title Hiroshima and Nagasaki]-On August 6,1925,during World War II(1939-1945),an American B-29 bomb dropped the world’s first deployed atomic bomb over the Japanese city of Hiroshima.The explosion wiped out 90% of the city and immediately killed 80,000 people;tens of thousands more would later die of radiation exposure.Three days later ,a second B-29 dropped anotherRead MoreWhat They Fought For By James M. Mcpherson880 Words   |  4 Pagesthe ultimate cause of it. It concentrates on the reason why and what drove them into the Civil War, the most brutal war in history. McPherson’s arguments mainly about what motivated men to fight, whether the soldiers knew what they were fighting for or they had no idea what they thrown themselves into through the study of the letters and diaries written by the fighters themselves. He stated that men fight for patriotism and along with other reasons .He rejected the idea and the paradigm saying thatRead MoreAtomic Bomb Necessary Essay912 Words   |  4 Pagesgiven fair warnings if they did not surrender unconditionally and continued to fight, and the bomb saved lives. The first reason why dropping the atomic bomb was necessary was because the military needed to end the war. The Manhattan project was the codename for the secret US government research and engineering project during the Second World War that developed the world’s first nuclear weapon. The Manhattan Project consisted of engineers and scientists to create the internal system of the AtomicRead MoreA Global Perspective Of Beat Terrorism1420 Words   |  6 Pagescommunity’s social and political goals following World War II are related to combating terrorism, as the world’s leaders come together to discuss terms of peace, security, and unity against the common enemy of war and death. Terrorism challenges our world’s leaders to repair nations and people groups broken by the hands of the past colonial empires, eliminate the Eurocentric domination in the world’s economy and politics, and take charge against human rights violations worldwide. The world isRead MoreAmerican Culture And Its Impact On The Nation1509 Words   |  7 Pageswhat culture designates to us, it is in our heritage and pastime and it plays an integral part of the way we live the day to day lives that we do. American Culture has composed virtually every ambulation of life, whether it is World War II, or the World Trade Center properties being ravaged. This is all part of a culture of what makes us who we are and optate to become. Different periods in time or events that affect us can alter who we are and make a transmutation within us that alters how we liveRead MoreOrigins of Marijuana Laws in The United States Essay1125 Words   |  5 PagesA great many of todays citizens erroneously believe that the criminalization of marijuana came into effect as a result of research conducted with due diligence by trained scientists and physicians. The true reasons behind the criminalization of marijuana had little to do with the supposed harmful effects from its use as a recreational drug and much more to do with the financial bottom line of the entrenched industrial complex of this country. The leading advocates of the campaign to ban the useRead MoreThe Positive and Negative Impact of the Portrayal of Religion1108 Words   |  4 Pagesthe media tends to put negative images of who the country is facing, while using positive emotional reports on soldiers and loved ones that have suffered from these people (Li, 2005, pg. 54; Ungerleider, 2011, pg. 23; Mahtani, 2012, pg. 45). The reason they do this is because even though the media groups and mass media elements are independent entities, they have very big group support. This was clearly evident during September 11 or 911, when the media (Fox, NBC, etc.) out poured negative imagesRead MoreShould Prostitution Be Legal?1057 Words   |  5 Pagesit our so-called moral ethics don’t allow us to bare our feelings. Since sex is unavoidable need of human being why cannot we have a positive outlook towards prostituted and regard prostitution as a legal? If the prostitution is legalized overall the world then, the sex workers will be respected, there will be a reduction in human trafficking, society will be healthier and benefit economically. In actual, prostitution is considered to be one of the world’s oldest professions and still we have conservativeRead MoreHomosexuality Is Defined As Sexual Desire Or Behavior936 Words   |  4 Pagestoward a person or persons of one s own sex.†(American Psychological Association, n.d.). In our society today, homosexuals are harassed and discriminated simply because they are different. They are attracted to the same sex and this causes dislike and hatred towards them in our society. Laws are passed in states such as California for protecting homosexuals and also allowing homosexuality marriages to take place. Everyone has a right to: †¢ Choose what they want to be. †¢ Choose who they want to be with

Commentary on Transcendentalism Throughout Moby Dick free essay sample

Commentary on Transcendentalism Throughout Moby-Dick Because one did survive the wreck. -Herman Melville, 1851- It is quite possible that nothing runs deeper through the veins of Herman Melville than his disdain for anything transcendental. Melville’s belittling of the entire transcendentalist movement is far from sparsely demonstrated throughout the pages of Moby-Dick, in which he strategically points out the intrinsic existence of evil, the asperity of nature and the wrath of the almighty God. To Melville, transcendentalists became a â€Å"guild of self-impostors, with a preposterous rabble of Muggletonian Scots and Yankees, whose vile brogue still the more bestreaks the stripedness of their Greek or German Neoplatonic originals† (â€Å"Herman Melville† 2350). Transcendentalists went beyond denying the doleful possibilities of human error and suffering, and it is this ignorant altruism of transcendentalism in its looser grasps which prompted Melville’s scorn. Within the Emersonian school of thought lies the belief that â€Å"[the] ruin or the blank that we see when we look at nature, is in our own eye† (Emerson et al. 81) and that â€Å"the evils of the world are such only to the evil eye† (Emerson et al. 174). Melville, however, believes that on our planet lies an inherent evil, going as far as to say, â€Å"A perfectly good being would see no evil. But what did Christ see? He saw what made him weep† (Thompson 2350), pointing out that not only does evil exist, but it exists within Christ, the ultimate symbol of good. Moby Dick, the white whale itself, is the prosopopeia of evil and malevolence in the universe. All that most maddens and torments; all that stirs up the lees of things; all truth with malice in it; all that cracks the sinews and cakes the brain; all the subtle demonisms of life and thought; all evil, to crazy Ahab, were visibly personified, and made practically assailable in Moby Dick. (Melville 154) Moby Dick is also a depiction of Leviathan, Job’s whale created by God as a malicious symbol of God; Ahab â€Å" ees in Him outrageous strength, with an inscrutable malice sinewing it† (Melville 138), and if God is a representation of the spirit of the world, then within the world must exist â€Å"an inscrutable malice. † Transcendentalists made nature out to be this wondrous, awe-inspiring creation of God whichseeing as he believed God to be more evil than goodis an idea Melville blatantly rejects as a fallacy. Where Emerson says, â€Å" Nature satisfies by its lov eliness, and without any mixture of corporeal benefit† (Emerson et al. 07), Melville says, all other earthly huesevery stately or lovely emblazoningthe sweet tinges of sunset skies and woods; yea, and the gilded velvets of butterflies, and the butterfly cheeks of young girls; all these are but the subtle deceits, not actually inherent in substances, but laid on from without; so that all deified Nature absolutely paints like the harlot, whose allurements cover nothing but the charnel-house within. Melville 164) When sent out to sea, the Pequod and its crew were faced by the nature of which Melville speaksa nature that, at times, seems to â€Å"gild the surface of the water with enchantment, and causes even the wary hunter to have a land-like feeling toward the sea† (â€Å"Herman Melville† 2351), but is actually veils behind which God hides and constantly threatens to unleash his ambiguous animosity. It is the whale, a product of God and nature, that has reaped th e leg of Ahab, that lashes out with the force of a thousand men. It is the beguiling call of nature that lulls the absent minded youth into an opium-like reverie by the blending cadence of waves with thoughts until he loses his identity and takes it upon himself to take the ocean at his feet for the deep, blue bottom that pervades mankind (Melville 134-135); calms are crossed by storms, a storm for every calm. Furthermore, Melville ridicules the transcendentalists for their blindness to the rest of the world. The transcendentalists saw only the world through the â€Å"dimensions of a sturdy window in Concord† (â€Å"Herman Melville† 2394). Melville could depict the true attributes of nature in a more scrupulous manner, for he had left his home in New England and sailed around the world. When Emerson claimed that the poet â€Å"disposes very easily of the most disagreeable facts,† it prompted Melville to respond, â€Å"So it would seem. In this sense, Mr. E is a great poet† (Thompson 443). Though a seemingly of a seemingly different nature, passions, desires, appetites, and senses of the flesh are a part of nature nonetheless: they are instincts, a natural part behind the drive of man. â€Å" All] deep, earnest thinking [that] is but the intrepid effort of the soul to keep the open independence of her sea; while the wildest winds of heaven and earth conspire to cast her upon the slavish shore† (Melville 95). It is this natural drive that keeps man from falling under the spiritual drive, this tyrannous and brutal enslavement of this wrathful God, for â€Å"natural or carnal men are without God in th e world† (Alma 41:11). It seems as though Melville has an everlasting quarrel with God. Throughout Ahab’s quest for the white whale, Melville has shown his own personal independence from the authoritarianism of Christian dogma. It is apparent that religious conventionalism was Melville’s favourite target for satire, but largely because he saw himself in competition with it. His own genius was deeply religious and the Bible seemed to serve the deepest purpose in Moby-Dick. Melville was caught in a vicious battle that he created and could not win. He started by loving God, then moved to hating God, progressed into a complete detachment from Godfeeling neither love nor hate. He grew to hate his detachment and decided that God might indeed be lovable, and so the vicious cycle repeats (Thompson 148-149). Thompson concludes, â€Å"The underlying theme in Moby-Dick correlates the notions thatGod in his infinite malice asserts a sovereign tyranny over man and that most men are seduced into the mistaken view that this divine tyranny is benevolent and therefore acceptable† (242). Melville agreed with the transcendentalists that the spirit is substance, but he began to diverge from the transcendental conclusion that its effect on man was benevolent. Moby-Dick tells not only the story of the ventures of the Pequod and its crew, but also of Melville himself. It captures all of Melville’s personal contempt toward the entire transcendentalist movement, and demonstrates his realistic recognition of evil through the symbolism of the whale, his struggle with religion through the use of ontological heroics, and his less-than-altruistic ideas of nature through the use of sheer logic. It is the perfect emblem for his gratitude for rationalism and respect for realism. â€Å"Oh, the rare old Whale, mid storm and gale In his ocean home will be A giant in might, where might is right, And King of the Boundless sea. † WHALE SONG Works Cited Emerson, Ralph Waldo, Atkinson Brojoks, Edward Waldo Emerson. The Essential Writings of Ralph Waldo Emerson. New York: Random House Digital, Inc. , 2000. Print. â€Å"Herman Melville. † World Literature Criticism. 1st ed. 1992. Print. Melville, Herman. Moby-Dick. Mineola: Dover Publications, Inc. , 2003. Print. Myerson, Joel, Sandra Harbert Petrulionis, and Laura Dassow Walls. The Oxford Handbook of Transcendentalism. New York: Oxford University Press, 2012. Print. The King James Bible. Susan Jones. New York: Doubleday, 1985. Print. Thompson, Lawrence. Melville’s Quarrel With God. Princeton: Princeton University Press, 1952. Print.

Pest Analysis Example free essay sample

PEST is an acronym for Political, Economic, Social, Technological the categories into which a compound business environment is broken up for analytical ease. It is a strategic planning tool for gaging the various factors in a potential business environment to estimate its suitability for the enterprise at hand. Therefore, lets take a look at all these building blocks of a business environment separately. Political environment refers to all those things pertaining to and perpetrated by the government that affect the economy and business scenario in general. Government regulations and policies that impact the business environment the most may include trade and labor laws, tax policies, environmental laws and regulations, trade restrictions, commercial tariffs, infrastructure and development policies, etc. The degree of political stability also has a huge impact upon business environment and the economy in general. Economic environment refers mostly to the macroeconomic factors as these factors may have a high impact upon the business environment but a firm does not have any control over them. We will write a custom essay sample on Pest Analysis Example or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The most it can do is modify its business strategies and various commercial and financial policies accordingly to make the most of the economic situation at hand. These economic factors may include the currency exchange rate, interest rate, economic growth rate, rate of inflation, etc. Social environment refers to the social, religious and cultural aspects of the business environment that may be affected by, and may react to, the firms transitional strategies either positively or negatively. These may include demographic aspects like age distribution, population growth rate, employment and income statistics, education and career trends, religious beliefs and social stigmas, overall general attitude (conservative or liberal), etc. These factors may have a huge impact upon the firms operations within the business environment as any action by the firm which goes against or threatens the societal norms may face criticism, negative publicity and protests. Technological environment refers to the technical aspects of the business environment and may include the level of automation available in the current times, technical facilities and infrastructure, rate of technological progress and research and development activities. These factors may assume decisive proportions and may impact the cost, quality and scope of innovation for a product, service or commercial utility. Later, two more categories were added to the above Environmental (as in ecological factors) and Legal turning PEST into PESTLE. Environmental factors include climate, weather, ecological balance, level of pollution, wildlife conservation, tourism, farming, etc. Legal environment includes various laws and legislation pertaining to consumers, discrimination, employment, competition, public health and safety. PEST Analysis Example Restaurant The various Political, Economic, Social and Technical factors that a firm needs to consider and research in order to enter the restaurant business in a new environment may be depicted as follows:- Political Factors: Government regulations regarding hygiene, health and food regulations, food standards, etc. Economic policies of government regarding the restaurant industry and running eating joints; these may include licenses, inspections by Health and Food Ministry departments, etc. Economic Factors: Interest rate would impact the cost of capital, the rate of interest being directly proportionate to the cost of capital. Rate of inflation determines the rate of remuneration of employees and directly affects the price of the restaurants products. Again, the proportion between the inflation rate and wages/prices is direct. Economic trends act as an indicator of the sustenance and profitability of your business in the chosen region and help you in deciding your marketing strategy. Social Factors: Certain cultures abhor certain foods. For instance, Hindus will not eat beef and Muslims would not even touch pork. Therefore knowledge of these cultural facts about your business environment will help you decide whether or not youll be able to do any business there. Eating habits of the people in your chosen business environment may, and certainly will, affect your marketing decisions. Ratio of people preferring to eat out regularly. Technological Factors: A good technical infrastructure would lead to better production, procurement and distribution logistics, resulting in reduced wastage and lower costs. Sound technology may be a decisive factor for food technology innovation, better presentation, more effective business marketing, etc. That was a sample PEST analysis. Hotel and food processing businesses would also have a similar PEST analysis structure with some changes here and there. All in all, PEST analysis is a great way of getting to know the battlefield environment before you jump headlong into it.

3 Top Tips for Writing Stellar Brown Supplemental Essays

3 Top Tips for Writing Stellar Brown Supplemental Essays SAT / ACT Prep Online Guides and Tips Brown admits just under 7.2% of their total applicant pool every year. If you want to be one of those admitted students, you’ll need to write amazing Brown essays as part of your Brown University application. In this article, we’ll outline the different types of essays you need to write for your Brown University application and teach you how to write a Brown supplement essay that will help you stand out from the thousands of other applicants. What Are the Brown Essay Prompts? Brown University requires you to complete a total of three short answer questions if you are applying to its undergraduate program. If you are applying to Brown’s eight-year Medical program or the five-year dual degree from RISD, you will have to write additional essays, which we will also cover in this article. The three Brown essay prompts for applicants to the undergraduate program have a 250 word limit. For the three additional essays for the Brown medical program, two have a word limit of 250 and one has a word limit of 500. For the dual degree RISD program there is only one extra essay requirement, with a 650 word limit. These essays are specific to the Brown application - you won’t find them on any other college or university’s application. All of these essays are of equal importance and should be treated as such. Every one of your essays should be the strongest example of your work possible. The Brown essay questions offer you plenty of opportunities to show off your qualifications as an applicant and wow the admissions committee. 2018-19 Brown Supplement Essay Questions All first-year applicants to Brown are required to answer the following Brown supplement essay questions: Why are you drawn to the area(s) of study you indicated earlier in this application? (You may share with us a skill or concept that you found challenging and rewarding to learn, or any experiences beyond coursework that may have broadened your interest.) (250 word limit) What do you hope to experience at Brown through the Open Curriculum, and what do you hope to contribute to the Brown community? (250 word limit) Tell us about the place, or places, you call home. These can be physical places where you have lived, or a community or group that is important to you. (250 word limit) If you are applying to the eight-year Program in Liberal Medical Education (PLME) or the five-year Brown-Rhode Island School of Design Dual Degree Program (BRDD) you must complete the special program essays. Three essays are required for applicants to the PLME: Committing to a future career as a physician while in high school requires careful consideration and self-reflection. What values and experiences have led you to believe that becoming a doctor in medicine is the right fit for you? (250 word limit) Most people describe a career as a physician/doctor as a "profession", beyond a job. Describe for us what "professionalism" and "the profession of a physician/doctor" mean to you. (250 word limit) How do you envision the Program in Liberal Medical Education (PLME) helping you to meet your academic personal and professional goals as a person and as a physician of the future? (500 word limit) One essay is required for applicants to the Brown|RISD Dual Degree Program: The Brown | RISD A.B./B.F.A. Dual Degree Program provides an opportunity to explore your interests and prepare for the future in two distinct learning environments. Considering your understanding of both academic programs, describe how and why the specific combination of the art/design-focused curriculum of RISD and the wide-ranging courses and curricula of Brown could constitute an optimal undergraduate education for you. (650 word limit) Brown Supplemental Essays, Analyzed In this section, we’ll be looking at the Brown essay prompts in depth. Remember, with the Brown prompts you don’t get to choose which essay you would like to write. You need to answer all of the questions that are required for your particular program of study. Let’s take a look at each of the Brown essay questions and see how to write something meaningful for each. Brown Essay Prompt #1 Why are you drawn to the area(s) of study you indicated earlier in this application? (You may share with us a skill or concept that you found challenging and rewarding to learn, or any experiences beyond coursework that may have broadened your interest.) (250 word limit) This essay question is fairly straightforward. Brown wants to know what you’re interested in pursuing academically and where that interest comes from. Brown has an Open Curriculum model and it’s teased in this prompt. Brown doesn’t believe that learning is limited to the classroom, so you can talk about experiences outside school that contributed to your interest in the area of study you indicated. Although Brown makes it clear that you may write about more than one subject, we suggest limiting yourself to one or two topics. 250 words is not that many - you’ll want to speak in-depth about your interests and you simply won’t have that ability if you choose more than two topics. Try to share a personal experience that relates to your potential area of study. For instance, if you want to study English literature, you could talk about a family trip to London that piqued your interest. Or, if you’re studying math, you can talk about how winning a competition felt like an incredible reward for years of hard work. Brown Essay Prompt #2 What do you hope to experience at Brown through the Open Curriculum, and what do you hope to contribute to the Brown community? (250 word limit) You need to understand what Brown’s Open Curriculum means before writing this essay. Research Brown’s academic model so that you can speak about it confidently and accurately. While the Open Curriculum may sound really exciting and its lack of required courses may sound exciting, you should present your interest in it as something proactive, rather than reactive. Don’t say that you are excited to never read a fiction book again. Show what you would rather take instead. Basically, you want to show what you are interested in, rather than what you’re not interested in. Saying that you’re a musician who also has a passion for molecular biology is better than saying you’re an English major who never wants to be in another math class again. Want to get into Brown or your personal top choice college? We can help. PrepScholar Admissions is the world's best admissions consulting service. We combine world-class admissions counselors with our data-driven, proprietary admissions strategies. We've overseen thousands of students get into their top choice schools, from state colleges to the Ivy League. Learn more about PrepScholar Admissions to maximize your chance of getting in. Brown Essay Prompt #3 Tell us about the place, or places, you call home. These can be physical places where you have lived, or a community or group that is important to you. (250 word limit) This prompt is the fun prompt - a chance to let your personality and the places and people that have most influenced you win the admissions committee over. You should write from the heart. The admissions committee should feel your deep connection to whatever you choose to describe as home. Remember the old grade school axiom: â€Å"Show, don’t tell.† Don’t tell the admissions committee why a specific place or person is important to you. Demonstrate their importance through a description of your experiences or interactions with this avatar. PLME Essay Requirements If you are applying to the eight-year Program in Liberal Medical Education (PLME) or the five-year Brown-Rhode Island School of Design Dual Degree Program (BRDD) you must complete the special program essays. Three essays are required for applicants to the PLME. PLME Prompt #1 Committing to a future career as a physician while in high school requires careful consideration and self-reflection. What values and experiences have led you to believe that becoming a doctor in medicine is the right fit for you? (250 word limit) Make your answer is as specific as the prompt itself. Choose a real-life example to describe here, which can be anything from a personal experience to a news story you followed closely. Being authentic will make this essay really shine. Don’t say that you want to be a physician for the job stability or the chance to be featured in a medical journal. If you have never seen a person suffering from cancer up close, don’t pretend that you have - the admissions committee will smell inauthenticity from a mile away. Instead, truly reflect on something medically related that impacted you. Maybe you had a great experience with a doctor who helped you recover from a sports injury or loved interacting with your pediatrician who let you play with his stethoscope. Whatever you choose, it should be about you, and you alone. PLME Prompt #2 Most people describe a career as a physician/doctor as a "profession", beyond a job. Describe for us what "professionalism" and "the profession of a physician/doctor" mean to you. (250 word limit) This prompt can feel intimidating. How can someone who is outside of the medical profession answer this prompt with honesty, integrity and no guesswork? Rest assured, there’s no right or wrong answer here. The admissions committee is simply looking to understand what being a doctor means to you. You need to pick qualities that are meaningful to you and will resonate with the admissions committee - not that doctors have good job security and often high salaries. Think about what your life as a doctor will be like. How do you picture yourself in ten years? Will you be researching cures? Will you be providing healthcare to underserved populations? Will you be handing out lollipops to the children who come to your neighborhood practice? You should paint a vivid picture of how you anticipate acting as a doctor. PLME Prompt #3 How do you envision the Program in Liberal Medical Education (PLME) helping you to meet your academic personal and professional goals as a person and as a physician of the future? (500 word limit) For this prompt, you need to do your research about the PLME program at Brown. Don’t be daunted by the length of the word limit - view it as an opportunity to show how much you know about the school. The word limit for this essay is telling: the admissions committee at Brown wants to make sure that you are serious about their program, and serious for the right reasons. Make sure that you are honest, and as specific as possible when answering this prompt. Reference professors you are excited to work with or classes that stand out as thought-provoking or supremely fun. What does Brown’s medical program offer to its students that other medical programs don’t? Be sure to mention specific pieces of information. You should also discuss why you’re interested in PLME versus pursuing a typical undergraduate degree and then applying to medical school. PLME is a unique program - highlight why this model is the right fit for you. Brown RISD | Dual Degree Essay Requirement One essay is required for applicants to the Brown|RISD Dual Degree Program: The Brown|RISD A.B./B.F.A. Dual Degree Program provides an opportunity to explore your interests and prepare for the future in two distinct learning environments. Considering your understanding of both academic programs, describe how and why the specific combination of the art/design-focused curriculum of RISD and the wide-ranging courses and curricula of Brown could constitute an optimal undergraduate education for you. (650 word limit) For the Brown | RISD Dual Degree Program essay, you’ll need to pick out specific aspects of both Brown and RISD that appeal to you. Identify features of each school that you’re attracted to, like particular classes or professors. You should also indicate how you’ll take advantage of each school. If you just wanted to study design, you’d apply to RISD. If you just wanted to study something else, you’d apply to Brown. So why do you want to go to both? Describe how your work at one school will impact your work at the other. Perhaps your study of ancient Greek at Brown will inform the sculptures you make at RISD. You should depict how you see your studies at each school intersecting. How to Write a Great Brown Supplemental Essay Regardless of which Brown supplemental essays you’re responding to, you should keep in mind the following tips for how to write a great Brown essay. #1: Use Your Own Voice The point of a college essay is for the admissions committee to have the chance to get to know you beyond your test scores, grades, and honors. Your admissions essays are your opportunity to make yourself come alive for the essay readers and to present yourself as a fully fleshed out person. You should, then, make sure that the person you’re presenting in your college essays is yourself. Don’t try to emulate what you think the committee wants to hear or try to act like someone you’re not. If you lie or exaggerate, your essay will come across as insincere, which will diminish its effectiveness. Stick to telling real stories about the person you really are, not who you think Brown wants you to be. #2: Avoid Cliches and Overused Phrases When writing your Brown essays, try to avoid using cliches or overused quotes or phrases. These include quotations that have been quoted to death and phrases or idioms that are overused in daily life. The college admissions committee has probably seen numerous essays that state, â€Å"Be the change you want to see in the world.† Strive for originality. Similarly, avoid using cliches, which take away from the strength and sincerity of your work. #3: Check Your Work It should almost go without saying, but you want to make sure your Brown essays are the strongest example of your work possible. Before you turn in your Brown application, make sure to edit and proofread your essays. Your work should be free of spelling and grammar errors. Make sure to run your essays through a spelling and grammar check before you submit. It’s a good idea to have someone else read your Brown essays, too. You can seek a second opinion on your work from a parent, teacher, or friend. Ask them whether your work represents you as a student and person. Have them check and make sure you haven’t missed any small writing errors. Having a second opinion will help your work be the best it possibly can be. Recap: Key Tips for the Brown Supplement The Brown supplemental essays cover a wide range of topics. Regardless of the question you’re answering, remember to follow these basic dos and don’ts as you’re writing: DO Be authentic and honest. Be specific when citing people, places and experiences. Do your research about Brown and its unique academic model. DON’T Base your essays on what you think the Brown application committee wants to hear. Use cliches or broad sweeping statements. Try too hard to be funny and original - be genuine and your positive attributes will be visible to the committee. What’s Next? If you're getting ready to apply to college, it's time to learn what colleges expect from you. This article will help you better target your application to suit what each school you apply to is looking for. Worried about how to write an amazing college essay?Readour step-by-step guide on how to write a college essayand take a look at our analysis of 100+ real college essaysto get a feel for what colleges want- and don't want- to read in an application. Want to write the perfect college application essay? Get professional help from PrepScholar. Your dedicated PrepScholar Admissions counselor will craft your perfect college essay, from the ground up. We'll learn your background and interests, brainstorm essay topics, and walk you through the essay drafting process, step-by-step. At the end, you'll have a unique essay that you'll proudly submit to your top choice colleges. Don't leave your college application to chance. Find out more about PrepScholar Admissions now:

Alexander the Great, Greek Military Leader

Alexander the Great, Greek Military Leader Alexander the Great was the son of King Philip II of Macedonia and one of his wives, Olympias, a daughter of the non-Macedonian King Neoptolemus I of Epirus. At least, thats the conventional story. As a great hero, there are other more miraculous versions of the conception. Name:  Alexander III of MacedonDates:  c. 20 July 356 B.C. - 10 June 323.Place of Birth and Death:  Pella and BabylonDates of Rule:  336-323Parents:  Philip II of Macedonia and OlympiasOccupation:  Ruler and military leader Alexander was born around July 20, 356 B.C. Being non-Macedonian made Olympias status lower than the Macedonian woman Philip later married. As a result, there was much conflict between Alexanders parents. As a Youth Alexander was tutored by Leonidas (possibly his uncle) and the great Greek philosopher Aristotle. During his youth, Alexander showed great observational powers when he tamed the wild horse Bucephalus. In 326, when his beloved horse died, he renamed a city in India/Pakistan, on the banks of the Hydaspes (Jhelum) river, for Bucephalus. Our image of Alexander is youthful because that is how his official portraits depict  him. See Photos of Alexander the Great in Art. As Regent In 340 B.C., while his father Philip went off to fight rebels, Alexander was made regent in Macedonia. During his regency, the Maedi of northern Macedonia revolted. Alexander put down the revolt and renamed their city after himself.  In 336 after his father was assassinated, he became ruler of Macedonia. The Gordian Knot One legend about Alexander the Great is that when he was in Gordium, Turkey, in 333, he undid the Gordian Knot. This knot had been tied by the legendary, fabulously wealthy King Midas. The prophecy about the Gordian knot was that the person who untied it would rule all of Asia. Alexander the Great is said to have undone the Gordian Knot not by unraveling it, but by slashing through it with a sword. Major Battles Battle of the Granicus - 334 B.C. (western Turkey) against Persian satraps with Greek mercenaries.Battle of Issus - 333 B.C. (Hatay province of Turkey) against King Darius of Persia.Battle of Gaugamela - 331 B.C. (northern Iraq) against King Darius of Persia.Battle of the Hydaspes (Jhelum) - 326 B.C. (northern Punjab, in modern Pakistan) against King Poros, who ruled a small kingdom, but had war elephants. Near the end of Alexanders expansion. (Although Alexander had intended to go further, and was soon thwarted by his own men, he thought he was near the edge of the earth.) Death In 323, Alexander the Great returned to Babylonia where he became ill suddenly and died. The cause of his death is unknown. It could have been disease or poison. It might have had to do with a wound inflicted in India. Alexanders successors were the Diadochi Wives Alexander the Greats wives were, first, Roxane (327), and then, Statiera/Barsine, and Parysatis. When, in 324, he married Stateira, daughter of Darius, and Parysatis, daughter of Artaxerxes III, he did not repudiate the Sogdian princess Roxane. The wedding ceremony took place in Susa and at the same time, Alexanders friend Hephaestion married Drypetis, Stateiras sister. Alexander provided dowries so that 80 of his companions could also marry noble Iranian women. Reference: Pierre Briants  Alexander the Great and His Empire. Children Herakles, son of Alexanders wife/mistress Barsine [Sources: Alexander the Great and His Empire, by Pierre Briant and Alexander the Great, by Philip Freeman]Alexander IV, son of Roxane Both children were killed before they reached adulthood. Source: www.pothos.org/alexander.asp?paraID71keyword_id12titleChildren Alexander the Great- Children Alexander the Great Quizzes Why Did Alexander Burn Persepolis QuizAlexander the Great Quiz I - The Early YearsAlexander the Great Quiz II - From Empire-Building to Death Other Articles on Alexander the Great What Color Was Alexanders Hair?Was Alexander the Great a Greek?

Acute coronary syndrome Essay Example | Topics and Well Written Essays - 2000 words

Acute coronary syndrome - Essay Example tients with ACS is quick and accurate, risk stratification is done and management is commenced as early as possible to achieve good outcomes in the short and long turn (Housholder-Hughes, 2011). The role of nurses in the management of ACS is crucial in all aspects, be it diagnosis and assessment, triage, pharmacotherapy, perioperative management, critical care, postoperative care, discharge and rehabilitation. All nurses should have evidence based knowledge so that they can make informed decisions in the management of an ACS patient. This review aims to describe the pathophysiology, nursing diagnoses and assessment, and nursing interventions of acute coronary syndrome. Current research and articles relevant to the aforementioned topics were reviewed and analyzed in order to provide a base for evidence based practice. The literature was retrieved by performing a MEDLINE and Google/Google Scholar search on the internet combined with a manual search for journals and books pertaining to the above mentioned topics. The keywords and their combinations that were used were acute coronary syndrome, nurse, nurse practitioner, ACS, pathophysiology, diagnosis, pharmacotherapy, unstable angina, STEMI, NSTEMI, myocardial infarction, MI, management, nursing assessment, and nursing interventions. Although, the articles identifying assessment, interventions, and their impact on the management of ACS specifically in the context of nursing are few, the guidelines targeting healthcare practitioners in general have been adapted for nurses by most authors in their recommendations. According to Hansson (2005), deposition of atherosclerotic plaques in walls and lumens of arteries (atherosclerosis) is an inflammatory process resulting from an interaction of immune and metabolic risk factors. Acute coronary syndromes occur when reduced blood flow causes sudden myocardial ischemia. This happens when a thrombus is formed on the surface of the atherosclerotic plaque as a result of plaque

Moments of excitatory Essay Example | Topics and Well Written Essays - 250 words

Moments of excitatory - Essay Example Whereas I have always taken it as a family or religious obligation, it has never occurred to me that I was working for powerful masters. It is evident from the reading that definition of work can be as many as the people we have in the world. Although some obligations seem as voluntary, they actually qualify as work. For instance, church volunteer ship does not seem like work at first glance. However, the same qualifies as work although there may be lack of direct benefits. This makes us questions some of the things we do in life. For instance, is service to God work? Clergymen and other church leaders are paid for work although they are actually serving God. On the other hand, church members volunteer their service to God without pay. It may be confusing when we seek to determine who, among volunteers or clergymen, actually works. Despite many definitions of work, many questions arise when volunteer ship comes into play. It makes us question whether people such as mother Teresa were actually working or volunteering service. Further, we would be interested to deconstruct whether they were working for God or for the people. Work is an interesting concept and understanding of underlying ideas needs to be

Great Expectations by Charles Dickens Essay Example for Free

Great Expectations by Charles Dickens Essay Human nature is the psychological and social qualities that characterize humankind. Human nature separates humans from the rest of the animal kingdom. The underlining theme of human nature is evident in Great Expectation by Charles Dickens use of his characters. A main characteristic that Dickens displays is friendship. The friendship between Pip and Herbert is strong. Herbert was significant to Pip’s growth in social class and eventual to his revelation. â€Å"Friendship was one of the human characteristics Dickens enjoyed†¦by associating fellowship with good characters and deeds, he made it known that he admires friendship. † (MacAndrew 168) Herbert aided Pip when he first came to London and made the transition an easy one. Herbert helped filled in the blanks for Pip when he was lost. Herbert saved Pip’s life when Orlick tried to kill him. When Pip needed someone to turn to Herbert was always there. In return of Herbert’s friendship Pip also helped him. Pip used the money he was getting from Magwitch to finance Herbert dream of becoming a business owner. This was a true friendship that did not falter throughout the novel. Friendship is one of the few good characteristics that Dickens indicates throughout the novel. Dickens goes beyond the bond of friendship to the bond of love. Herbert was not the only person that assisted Pip. Joe was another component to Pip’s success. Joe had deeper feelings then friendship towards Pip. Joe loved Pip like they were brothers. Joe was a simple, honest, hardworking man. Joe was a model of the man everyone should try to be. Joe was there in the beginning for Pip when he was getting picked on by Tickler or being â€Å"brought up by hand† by Mrs. Joe. Although Pip turned his back against Joe he was there in the shadows. Joe as simple as he was knew that Pip was leaving him behind. â€Å"Not wishing to intrude I have departed fur you are well again dear Pip and will do better without.† (Dickens 439) Joe knew that he would only be holding Pip back he felt like he was a burden to Pip. Joe was following the notion if you love something you should set it free. Even though Joe didn’t have much he paid Pip’s debts because of his unconditional love for Pip. Joe tried his best to protect Pip and not to bother him. This unconditional love that Joe employed over Pip became essential for Pips growth. Another good human characteristic that Dickens expresses is generosity. This came from the most unlikely person, Magwitch. Magwitch help Pip like a father type would. Magwitch is one of the characters that play a role of a parent. â€Å"Look’ee here, Pip. I’m your second father. You’re my son—more to me nor any son. I’ve put away money, only for you to spend.† (Dickens 329) Magwitch had the same love for Pip as Joe did. Magwitch did not care about his money, but instead he cared about Pip’s happiness and his dream. Magwitch was a convicted criminal that made Pip dreams come true. Although he was a convict he was morally good. He did everything he could to help Pip become the man he is at the end of the novel. â€Å"Lord strike me dead!’ I says each time—and I goes out in the open air to say it under the open heavens—‘but wot, if I gets liberty and money, I’ll make that boy a gentleman!’ And I done it.† (Dickens 351) Magwitch was the secret benefactor that was founding Pip’s journey. The generosity that Pip showed Magwitch left such impact he swore that he would repay Pips generosity. One act of random kindness change Pip’s life forever. Magwitch generosity towards Pip went far beyond the generosity that Pip showed him. Magwitch generosity did not go unnoticed by Pip though. Near the end of the novel Pip return the generosity by helping Magwitch. Dickens did not only show the positives of human nature, but also the negatives. One of the negative characteristics that Dickens looked at was cruelty. â€Å"Dickens believed the darkest facet of human nature was cruelty. He created many characters who displayed this moribund characteristic†¦by creating dark characters, Dickens made the reader disgusted with them.† (The Saturday Review 69) Dickens used a span of characters from the protagonist to minor characters to demonstrate cruelty. This was vital to Pip’s and Estella revelation because it show them there immature ways. Pip experience cruelty first hand from the very beginning. Pip’s childhood memories are frightening for him because of the torment he received from Tickler and Mrs. Joe. Joe could only protect Pip so much, but he could not save him from everything. Pip was not so kind towards Joe as Joe was to Pip. Estella was another cruel character because she did not have a heart towards men. She would use her beauty to make men fall in love with her, but would not return the love . She did not have any affection because it was driven from her at a very early age. Dickens displayed this tactic of cruelty not only in Estella, but also in Compeyson. Compeyson the man that was supposed to married Miss Havisham was a self-centered man. He tricked Miss Havisham to fall in love with him, but when he had access to her money he left on their wedding day. Compeyson also tricked Magwitch. Compeyson and Magwitch were arrested together, but Compeyson organize a plan that got him seven years in jail while Magwitch got fourteen years. The pain that Compeyson left to Miss Havisham and his manipulation of the sentence hearing gave birth to monsters seeking revenge. Dickens use of cruelty brings to life another bad human characteristic, revenge. The cruelty that Compeyson inflected lead Miss Havisham to seek revenge. Tainted from her one experience Miss Havisham distrusted all men. Miss Havisham played the other role of being a parent. She adopted Estella solo based on concept that all men were like Compeyson. Miss Havisham is the one who created Estella to be this heartless creature. Estella was one of Miss Havisham pawns in her plan of revenge. â€Å"Estella doesn’t play into her games anymore and makes her own living with Drummle†¦Miss Havisham tries to control Pip and seduced him into the thoughts of being with Estella forever.† (Chesterton 199) Pip was the other pawn that Miss Havisham was playing. â€Å"But when I fell into the mistake I have so long remained in, at least you lead me on?† said Pip â€Å"Yes, I let you on.† Miss Havisham replied. (Dickens 334) Miss Havisham convinced Pip to think that Estelle was his soul mate knowing Estella would never return the love. Miss Havisham spent the rest of her life on obtaining revenge on men. Like Miss Havisham, Magwitch sought revenge. Compeyson was also the reason behind Magwitch plan to seek revenge. Unlike Miss Havisham, Magwitch wanted direct revenge on Compeyson. Compeyson also used Magwitch for his own personal gain. This obsession leads to Magwitch unhappiness. When Magwitch achieves his goal of revenge he does not gain happiness, but rather despair. Dickens demonstrations of revenge go against any notion that revenge is good, but rather we should forgive those who trespass against us. Ungratefulness was a part of the collection of negative human characteristics that Dickens expressed. When Pip grows in social class he is ungrateful towards those below him. Pip tries to forget past and where he came from. Pip’s remarks in page 89 â€Å"Estella would consider Joe, a mere blacksmith: how think his boots, and how coarse his hands.† He treats Joe and Biddy like they are beneath him, but they are morally better people. â€Å" He rejects the love that like those Joe and Biddy offer, and he feels he will not see himself as worthy, unless he meets the approval of the cold and haughty Estella† (Whipple 381) All Pip cares for is himself and his goals. Instead of staying with Joe while he was in town he rented a room at the blue boar. Pip wanted no part of his old life and did not want it interrupt his new life. â€Å"Could have kept him away by paying money, certainly would have.† (Dickens 217) Even when Joe extended his hand to help Pip he was so superficial at the time he ignore him. Pip forgot all the things that Joe did for him. Pip became ungrateful during his transformation. Pip conflict was self-inflected with his dream of becoming a gentleman. Charles Dickens demonstrates the aspects of human nature throughout his novel Great Expectations through the use of his characters. Dickens also illustrates the positives and negatives of human nature. â€Å"Suffering has been stronger than all other teaching, and has taught me to understand what your heart used to be. I have been bent and broken, but I hope into a better shape.† (Dickens 453) Pip and Estella turmoil was self-inflected. They faced many hard ships, but only when they grasp the idea on what truly matters in life will they find their bliss. Bibliography Areview of â€Å"Great Expectations,† in the Saturday Review. London, Vol. 12. No. 299, July 20, 1861, pp. 69-70 Brattin, Joel J.. Dickens Quarterly, Sep2012, Vol. 29 Issue 3, p285-287, 3p. (Book Review) Brown, James M. Dickens: Novelist in The Market-Place. Totowa, NJ: Barnes and Noble, 1982. Chesterton, G.K. â€Å"Great Expectations,† in his Appreciations and Criticisms of the Works of Charles Dickens, E.P. Dutton Co., 1911, pp. 197-206 Cohen, William A.. Critical Insights: Great Expectations, 2010, p215-268, 54p. (Literary Criticism) Gold, Joseph. Charles Dickens: Radical Moralist. Minneapolis: U of Minnesota P, 1972. Kirk, Neville. Labour and Society in Britain and the USA. London: Scholar P, 1994. Levine, Caroline. Critical Insights: Great Expectations, 2010, p128-146, 19p. MacAndrew, Elizabeth. Critical Insights: Great Expectations, 2010, p161-176, 16p. (Literary Criticism) Mittleman, Leslie B.. Masterplots, Fourth Edition, November 2010, p1-4. (Work Analysis) Author Name: Dickens, Charles Tobin, Mary Ann. Critical Insights: Great Expectations, 2010, p55-67, 13p. (Literary Criticism) Whipple, Edwin P. â€Å"Reviews and Literary Notices: Great Expectations,† in the Alantic Monthly, Vol. VIII, No. XLVII, September, 1861, pp. 380-382.

The Globalization of Anime Essay -- The Merging of Cultures

Anime is an art form as it expresses cultural phenomena about Japan and its people. Like most other countries, cartoon has existed in Japan throughout the 20th century and onward, which began with traditional drawings and comics that dealt with political, social, and historical themes. However, what separates anime from the rest is that the anime included a huge portion of Japanese culture within it. In every series that aired, they include special holidays like Natsu Matsuri—summer festival, tea ceremony, traditional clothing such as kimono, etc. One could, from watching anime, notice the characters’ behavior are different and food and customs are different from American or western cartoon. Strangely, these differences in the anime, eastern media features, appeared in the philosophy of Confucius. Confucianism has played an important role in creating and maintaining the social values and order such as forgiveness, manner, respect, loyalty, and honesty since the sixth century. While Japanese society has become so much different since the early postwar era, these same principles are still highly valued as they are in some other forms. Recent shà ´nen anime, anime for pre-teen and teen-age boys like Naruto and Bleach, is hooking their viewer with interesting storylines and action scenes while Confucian values spread. As this culture value mixed in, anime became interesting and seem to attract a wider audience every day because of its ability to make its audiences to see themselves in the show. The success of anime began with the famous Japanese artist Osamu Tezuka, one of the founding fathers of Japanese anime and manga. In the 1960s, Tezuka became a famous manga artist and was given the credit of creating Japan's modern anime i... ...r. Ed. Frank J. Lechner and John Boli. 4th ed. New York: Wiley-Blackwell, 2012. 88-94. Print. Focus on the idea of both the global and the local are affecting the world at the same time while globalization process keep spreading. Sen, Amartya. "How to Judge Globalism." The Globalization Reader. Ed. Frank J. Lechner and John Boli. 4th ed. New York: Wiley-Blackwell, 2012. 17-21. Print. Analyze more a better way to understand what actually globalization is while making a point that globalization is also beneficial to the whole world. Wang, Georgette and Yeh, Emilie Yueh-yu. Globalization and Hybridization in Cultural Production: A Tale of Two Films. Hong Kong: David C. Lam Institute for East-West Studies, 2005. LEWI Working Paper Series no 36. Illustrate the processes of hybridization, and the conclusion on the debate on the globalization of culture.

Native American/European Slave Trade Essay

A North American conception of slavery often begins and ends with the forced captivity of Africans. However, slave trading took root in many parts of the world over centuries. In particular, the eras of exploration and colonialism brought the institution of slavery to the forefront of world culture. As Europeans arrived in the Americas in increasing numbers, they found themselves sharing one surprising commonality with their Native American adversaries: the use of human captives for personal and cultural advantage. Brett Rushforth’s â€Å"A little flesh we offer you: the origins of Indian slavery in New France† and James Brooks’ â€Å"This evil extends especially†¦ to the feminine sex† examine the Euro-Native slave trade within the context of two vastly different colonial cultures, Canada (New France) and New Mexico. What common features united these two institutions, and what features differed them? Further, what social and historical factors account for those similarities and differences? Foremost, the New France and New Mexican institutions shared a general outcome in their slave trades: â€Å"cross-cultural negotiation† (Brooks, 281) and the creation of â€Å"mutually intelligible symbols through which cultural values, interests and needs could be defined† (Brooks 281). Indian tribes occupying New France territories (such as the Iroquois and the Ottawa) held a long tradition of utilizing captives as symbolic forces of peace. Warring tribes would offer captured humans as a show of good faith toward their adversaries. The captives served numerous roles: replacing fallen tribesmen (in everything from name to manner), representing retribution for injured tribes, stimulating population growth, and— most importantly—securing alliances with other tribes. When European colonialists arrived seeking Native American trade and military assistance, the New France tribes considered captive offerings to be the ultimate sign of respect and comrade-ship in dealing with their new visitors. In fact, one Sioux chief pronounced the following after offering his European visitors a captive slave: â€Å"No longer regard us as Sioux, but as Frenchmen† (Rushforth, 789). Once the French realized the power of slaves in fostering alliances with the natives, they were able to build some formidable allegiances. Likewise, New Mexican Europeans created strong bonds with local Pueblo, Navajo, and Apache tribes through captive trading. Captive Spaniards and Indians often performed important social functions within their new homes. (Women were the ideal captive candidates for both New Mexico and New France, due to their reproductive capacities). Standard-bearers such as Maria Rosa Villalpando and Juana Hurtado Galvan demonstrated the importance of the captive within New Mexican culture. Both women served as interpreters and emissaries amongst their former and current tribes, and both secured prominent positions within their captive homes. The captured women of New Mexican society also fulfilled important economic roles within the larger society, contributing especially to hide-tanning and other trading enterprises. Similarly, captives in New France worked as domestics, farm hands, dock loaders, and at other semi-skilled jobs. While both New France and New Mexican colonialists both eventually accepted the institution of slavery (with averages of five and fifteen percent for their respective slave populations), they shared an initial reluctance to engage in the practice. For the Frenchmen, slavery was an institution forbidden by their own government. Therefore, they approached any attempted slave trades with the natives with reluctance or even hostility. However, an incident involving Daniel Dulhur (in which a refusal of bartered captives resulted in a near-catastrophic isolation of Indian tribes) crystallized the importance of alliance-making captives for the French. This consideration, combined with â€Å"laborers [which were] scarce and extraordinarily expensive in Canada†(Rushforth, 801), coerced the French government to legalize Indian slave trading in the colonies. Conversely, the New Mexico colonialists were somewhat quicker to engage in slave trading as a means to â€Å"redeem indigenous captives† (Brooks, 281) and â€Å"baptize them into the Catholic faith† (Brooks, 282). They even offered captives the opportunity to become citizens after twenty years of service. Soon, New Mexico villagers would further realize the ability of slave trading to â€Å"foster mutual exchanges with a minimal loss of life† (Brooks, 292). Both societies would soon engage in trade fairs and bartering as if the practices were second nature: â€Å"two good horses and some trifles† for an â€Å"Indian girl twelve to twenty years old† (Brooks, 282). The results of EuroNative trading systems up North and down South differed markedly, with respect to both the slaves themselves and larger society. Captives in New Mexico generally boasted a much more peaceful existence than their New France counterparts. While New France slaves could do little to raise their station in life, New Mexico captives often enjoyed increases in freedom and circumstances (although they shared the stigma of coercive sexual practices with New France female captives). Many female captives, for instance, were able to eventually purchase lands from their captors. The children of said captives also enjoyed full citizenship within their societies (the â€Å"hope† counteracting the â€Å"shame† (Brooks, 296) of sexual coercion), a luxury not afforded to the mixed-bloods of New France. New France slaves were viewed more as objects (whether they were objects of trade or objects of allegiance): â€Å"Here is a little flesh we offer you† (Rushforth, 794). Meanwhile, New Mexico captives were often adopted by their captive families, securing protection and affection from their new families. In fact, many captives chose willingly to â€Å"remain in their host societies throughout their lifetimes† (Brooks, 284), even when they were afforded a chance at freedom. One captive woman even refused a one thousand dollar ransom for her return. On the other hand, New France captives were the constant subject of derogatory terms and â€Å"a life of consistent, coerced, and degraded labor† (Rushforth, 780). In a larger context, systems of slave trading brought derision and division to both New Mexico and New France, albeit with different outcomes. For its part, New Mexico slave trading intensified the caste-like division between mestizos and genizaros and espanoles. Women often feared a return to their previous homes in part due to a belief that they would be ridiculed and outcast by pure Spaniards. Class consciousness did increase in relation to the rising mestizo population, as did the relationship between New Mexico villagers and Native Americans. Santa Fe administrators blamed the rising rebelliousness of the villagers on â€Å"bad upbringing†¦. from†¦the proximity and trade of the barbarous tribes† (Brooks, 293). The emerging alliance between villagers and Native Americans peaked with a joint siege and execution of Santa Fe officials in 1837, when the natives and villagers made â€Å"the same cause†¦. and same interests† (Brooks, 294). However, the â€Å"mixed-bloods† of New Mexico soon found their unique identity and place within larger American culture. In New France, the outcome of the slave trade was more subtle, as chattel slavery gradually emerged as the new trend, thus leading to a system which â€Å"rewarded brutality with valuable goods† (Rushforth, 808). In an ironic twist, the slave system which once served as a â€Å"partial defeat of France’s power over its Indian neighbors† (Rushforth, 808) transformed into an institution where French colonialists â€Å"redirected their impulse for control and domination onto distant Indian nations† (Rushforth, 808). Why did slave trading in New Mexico have a slightly more positive outcome than in New France? For one, New Mexico tribes and societies were â€Å"enhanced by traditions of matri- lineality and social mobility† (Brooks, 287), which put the primarily female captives in a much more secure position within their new homes. The importance of women in the textile culture of the natives automatically raised the status of all women, including the captives. Even captive men could make themselves useful, performing tasks such as gun repairing and saddle-making. The New Mexico captives simply had more opportunity, â€Å"negotiating narrow fields of agency with noteworthy skill† (Brooks, 284). More importantly, the resulting generation of mixed bloods which sprung from slave trading found themselves in a unique position of power, as their manpower and negotiating capabilities proved in high demand for colonialist forces. This new generation carved a niche and an identity for themselves which endures to this day, as evidenced by the musings of one descendent: â€Å"We have relatives in the Pueblos, and out there, in Oklahoma† (Brooks, 301). Within the conflict, the New Mexicans found coexistence—a principle which New France (and its more oppressive slavery practices) could never quite accomplish. References Brooks, J. F. (1996). This evil extends especially†¦ to the feminine sex: negotiating captivity in the New Mexico borderlands. Feminist Studies 22(2), 279-301. Rushforth, B. (2003). A little flesh we offer you: the origins of Indian slavery in New France. William and Mary Quarterly 60(4), 777-808.

Outine Presentation Essay

Introduction I. According to a report by United Nations Educational, Scientific and Cultural Organizations, India has the highest population of illiterate adults at 287 millions amounting to 37% of the global total. II. By using of some my research, I would like to share with all of you the topic that I interest which is the facts of illiteracy. III. Today, I would like to focus on three interrelated issues which are causes, effects, and prevention of illiteracy. (Transition: Now, let’s start by taking a closer look at the problem) Body I. There are several different causes as to why illiteracy is such a problem in certain countries. A. About 29.8% of our population lies below the National Poverty Line which indicates they are do not have access to basic requirements of essential commodities including food and water. 1. Education is one of the luxuries that they cannot afford. 2. Mostly, majority of population in countries suffer from high percentage of illiteracy comes from poor people. 3. They will let their children to escape from school and go to labour for work to collect money and help them in life costs. B. Individual disabilities are person who has physical or mental conditions that do not allow them to educate themselves easily. 1. For example, a dyslexic child will find it hard to remember the letters of the alphabet and to interpret it. 2. A blind child also difficult for them to read without assistance. (Transition: Now, ladies and gentlemen I will explain my next point) II. Illiteracy has given some effects towards countries and people involved. A. These can make the countries develop slowly. 1. As a result of illiteracy, people find it so difficult to have a job without the ability of reading or understanding simple documents. 2. Therefore, the illiterates become a burden of society causes to make the nation poorer. B. Illiteracy also effects on people in the society. 1. Illiterate parents cannot get good jobs to support their family and this  will turn affects their lifestyle and their needs. 2. This also will lead to their children where their children get many of parents’ views and ideas to survive. 3. If parents do not feel that education is an important of success, these feelings will be carried over to their children. (Transition: As causes and effects of illiteracy, I will continue to discuss about how to prevent illiteracy) III. We have to cooperate to clear this problem which is holding back. A. Parents play important roles to educate their children. 1. According to Kerka, 2003 learning styles, learning disabilities and life experience may all contribute to low academic achievement or problem behavior. 2. Parents need to educate their children at an early age, so their children do not fall behind in recognizing letters and words. B. Opening new modern training centers. 1. As we know, it is difficult for persons in their 40s to 60s to use the same educational method as used for children. 2. It is also to help individual disabilities to educate further. 3. By using technology and modern education theories helps everyone inside educational progress. Conclusion I. As we see, illiteracy is a social evil that shall encircle our country in darkness and downfall if not curbed. II. As you know, I have focused on causes, effects, and prevention of illiteracy. III. What I have mentioned before about Kajani should be take strict action to make sure they can be an educated person. IV. It is also to make sure the statics I tell before can be release.

How to Capitalize the Earth, Sun, and Moon (Plus Other Celestial Objects)

How to Capitalize the Earth, Sun, and Moon (Plus Other Celestial Objects) How to Capitalize the Earth, Sun, and Moon (Plus Other Celestial Objects) The night’s sky can inspire many thoughts. A scientist might dream of finding a new planet. An artist, on the other hand, may find the beauty of the stars captivating. But as proofreaders, our minds immediately drift to capitalization. So join us for a look at when to capitalize celestial objects. Proper Nouns in Space When we say â€Å"celestial objects,† we basically mean â€Å"naturally occurring space stuff.† This includes planets, stars, moons, galaxies, comets, and pretty much anything else that you might see in space. Everything in this picture, then. You just have to zoom in a lot to pick anything out. We capitalize the name of a celestial object when it is a proper noun. Or in other words, we only start a word with a capital letter if it names a specific celestial body, not just a type. So, for instance, the word â€Å"planet† is a common noun (i.e., a type of celestial body). â€Å"Uranus,† meanwhile, is a proper noun (i.e., a specific planet). As such, we don’t need to capitalize â€Å"planet,† but we do use a capital letter at the start of â€Å"Uranus.† Other examples include: Common Noun Proper Noun planet Mars, Venus, Saturn moon Europa, Titan, Callisto star Polaris, Rigel, Sirius galaxy Milky Way, Andromeda comet Halley’s Comet, Hale-Bopp nebula Orion Nebula, Crab Nebula The key in most cases, then, is to think about whether you’re naming something generic or specific. However, there are a few words that can cause confusion, including â€Å"earth,† â€Å"sun,† and â€Å"moon.† How to Capitalize Earth, Sun and Moon Certain â€Å"space† words can be either common nouns or proper nouns. When we say â€Å"the moon,† for example, we’re usually referring to the round object we see in the night’s sky. However, other planets have their own moons, so how do you capitalize this term in those cases? Or others like it? Sadly, there is no single â€Å"correct† approach here. NASA, for instance, say: Capitalize â€Å"Moon† when referring to Earth’s Moon; otherwise, lowercase â€Å"moon† (e.g., â€Å"The Moon orbits Earth,† â€Å"Jupiter’s moons†). But other style guides, such as MLA, suggest only capitalizing terms like â€Å"moon† when they appear in a sentence alongside other proper nouns (e.g., â€Å"The planet Mercury is larger than the Moon†). Ultimately, this may come down to which style guide you are using (or personal preference). Generally, though, we favor the MLA approach. This means only capitalizing â€Å"earth,† â€Å"sun,† and â€Å"moon† when you are both: Referring to the Earth, its Moon or its Sun (not other moons or suns). Using the term alongside other capitalized celestial objects. So, following these rules, we would capitalize these terms as follows: The sun is shining brightly today. What on earth are you talking about? The moon is almost full tonight. The Earth is much closer to Mars than the Sun. You should not, of course, capitalize â€Å"earth† when referring to dirt or the ground. That kind of â€Å"earth† is always a common noun. Summary: How to Capitalize Celestial Objects As a rule, you will only need to capitalize celestial objects when they are proper nouns. In practice, this means: Using a capital letter with the names of specific objects (e.g., Saturn, Mars). Not capitalizing generic objects (e.g., planet, star, galaxy). This becomes a little more complicated with the words â€Å"earth,† â€Å"sun,† and â€Å"moon.† The rules here vary between different style guides and institutions, but we tend to capitalize these terms only when: Referring to the Earth, its Moon or its Sun (not other moons or suns). Using the term alongside other capitalized celestial objects. The most important factor, though, is applying a consistent capitalization style throughout your work. And if you’d like a professional to check your writing, submit a document for proofreading today.

Using Acronyms in Academic Writing - Proofeds Writing Tips

Using Acronyms in Academic Writing - Proofeds Writing Tips Using Acronyms in Academic Writing With the limited characters available on platforms like Twitter, we’re used to using acronyms and abbreviations in everyday communication. After all, â€Å"IMO ppl uz 2 mNE lng wrds† is much more concise than â€Å"In my opinion, people use too many long words.† However, in academic writing, improper use of acronyms can detract from the clarity of your writing. Thus, in this post, we cover how to use acronyms in a college paper. What are Acronyms and Abbreviations? Acronyms and abbreviations are both shortened forms of long terms or phrases. However, while all acronyms are abbreviations, there is an important difference: Abbreviations are shortened versions of words (e.g., when â€Å"Jan† is used in place of â€Å"January†). Acronyms are abbreviations where the first letters from each word in a phrase spell out a new word (e.g., when National Aeronautics and Space Administration is shortened to â€Å"NASA†). In addition, there is technically a difference between an â€Å"acronym† and an â€Å"initialism†. Acronyms are pronounced as a single word (e.g., NASA). But each letter in an initialism is pronounced separately (e.g., FBI). Since â€Å"acronym† is commonly used for both of these, we will continue using this term below. However, its worth remember that there is a difference! When to Use Acronyms The main consideration is clarity. To be specific, we shorten long technical terms to make our work easier to read, especially if theyre used repeatedly. For instance, writing â€Å"MRI† instead of â€Å"magnetic resonance imaging† is a good idea if use this term a lot since it’s easier to read. Apparently, this isnt suitable for a passport photo. If a term is only used once or twice, there’s usually no need to use an acronym. You should also avoid using too many abbreviations, since text dense with acronyms and technical jargon can be difficult to read. Introducing Acronyms If using an acronym, you must introduce it with full terminology in the first instance so your reader knows what it means. You can do this by giving the full term first and the shortened version in parentheses: The North Atlantic Treaty Organization (NATO) has existed since 1949. Once introduced, you can use the shortened version in place of the full terminology: The idea of NATO is to ensure security via a system of collective defense. To ensure clarity, make sure to use the acronym consistently throughout your document. This means you should not switch between the full and abbreviated versions of the same term. Introducing an acronym isn’t necessary if the term is in common use, such as with â€Å"laser† (originally short for â€Å"light amplification by stimulated emission of radiation†). However, even with well-known terms, providing a definition can be helpful, since many acronyms have more than one meaning. One example is the long-running battle for use of â€Å"WWF†, in which the conservation group grappled (pun fully intended) with the professional wrestling organization now known as the â€Å"WWE.† Although â€Å"WWF† is a recognizable term, defining it on the first use would remove ambiguity. It would then be clear that you’re discussing the â€Å"World Wildlife Fund† and not the former employers of Stone Cold Steve Austin. I will open a can of whoop-ass on any panda that gets in my way. An important distinction, were sure youll agree.

Brazil as an emerging market Assignment Example | Topics and Well Written Essays - 1000 words

Brazil as an emerging market - Assignment Example Emerging markets have their own challenges and opportunities that make them both cautious and viable as the future of the world’s economic powerhouse (Frenkel, 2009). Generally, there are general characteristics that can be associated with as many emerging markets as possible. However, not all emerging markets of the world can be described in exactly the same manner. In most cases, there are leading factors to the determination of the specific characteristics that a given emerging market would possess. Commonest among these factors are the market’s history and its evolutional processes (He, 2009). The nature of changes experienced as part of the history and evolution of the emerging market’s formation goes a long way to determine the rate of growth and development that may be generally associated with the market. In this paper, Brazil is used as a case study for emerging markets to critically assess the market in terms of its history and evolution. Consequently, some of the rapid and pragmatic changes that have been experienced as part of this history shall be outlined, making a case for each change as either being positive or negative for the market’s future fortunes. The approach of the writer is pivoted on a perception that the various emerging markets recognized by global development agencies such as the World Bank and International Monetary Fund are in constant competition with each other and so it is important that each of these markets develop its history to be a competitive advantage for winning competitive global market battles. Brief analysis of Brazil’s market history and evolution Brazil as an emerging market possesses a history that is rooted in the preference for robust domestic activity as against export demands. This is because for several years running, the market has recorded slow growth in exports as against the contributions that local market activities make to the country’s gross domestic product (H e, 2009). There is also a history rapid growth in the private sector as against the public sector. This is because most of the government’s economic principles are based on microeconomic principles, making business and investment more lucrative for local private entrepreneurs as against foreign investors who would prefer economies structured on macroeconomic competences (Todea, 2011). What is more, there is a long standing history in the dependence on specific sectors of the economy as against others. Examples of these sectors that receive dominant attention are agricultural sector, which is responsible for 39.4% of Brazil’s GDP and the mining sector, which makes 18.6% of GDP (Galai, 2007). Finally, there is generally unstable to high bank interest rate; a phenomenon that makes foreign investment less lucrative. Brazil GDP Growth Rate, 2008 to 2012 Source: Trading Economics (2013) Significant characteristics of the market, its evolution, and changes Young and Growing L abor Population Right from the history of the country when the first population census was held after colonization in 1872, Brazil has kept a very high population growth rate of 2.4% per annum (Crowder and Phengpis, 2005). This puts the current population of the country at 190 million people. Characteristically, a very high number of these people, made up of 79.8% of the population live in Southeastern region alone (Frenkel, 2009). This trend of single region dominated population has not changed with changing evolution of this emerging market. However, one phenomenon that has changed with time is the fact that there is currently a very young population margin, meaning greater percentage of the population is youth. What is positive about the young and growing labor population of the emerging market is that the large size of the population has been seen by government as an asset rather than a liability, expanding the human capital of these people to take up the labor force. It is howe ver negative if the trend of

E-Logistics Ning Essay Example | Topics and Well Written Essays - 3250 words

E-Logistics Ning - Essay Example In practice, it has been proved that the actual benefits and drawbacks of each organizational strategy take a long time to appear; this is a problem when the change on a firm’s traditional policies is attempted since the value of the proposed strategies is difficult to be proved in advance or even in the short term. However, the elements of this strategy and its expected performance – as it can be measured using figures related to the firm’s performance within a particular period of time – can be important indicators regarding the potential value of a strategy in case that it is established in a particular organization. Current paper aims to explore the benefits and drawbacks of the global supply chain strategies of VF Brands, a firm well known in the global Apparel industry. Particular reference is made to the firm’s new global supply chain strategy, the Third Way, and its potential contribution in the improvement of the firm’s relationship with its global suppliers, thus its growth in the global market. 2. Global Supply Chain strategy in VF Brands – critical analysis and evaluation 2.1 Global supply chain strategy in the literature The literature developed in the specific field is based on a wide range of criteria; there are views, which promote a narrow perspective of supply chain management – in terms of the potentials of the specific organizational sector to be changed following the differentiations in the market trends. Moreover, different perceptions seem to exist regarding the elements of a successful supply chain management strategy: in accordance with Mangan et al. (2008) the criterion on which the value of a supply chain management strategy is decided is the level at which this strategy promotes the use of knowledge related to all organizational activities. However, Branch (2008) notes that key priority of supply chain management in modern market is the identification of practices that will mini mize the cost of production. It is further noted that in the context of the global market, the challenges for supply chain are significantly increased; global supply chain management strategies need to address all issues related to a firm’s production needs in the global market – a fact that results necessarily to the increase of complexity of the particular strategies (Branch 2008). Under these terms, the criteria on which the choice of a supplier in the global market will be based cannot be standardized; usually, ‘the differentiation from other players in the marketplace and the existence of a separate identity’ (Branch 2008, p.13) are used as criteria for choosing a supplier in the international market. However, other criteria can be also set in accordance with the needs of each organization and its potentials to respond to the demands of each supplier – demand for specific price, location, time for producing a specific volume of products with â €˜pre-arranged’ characteristics. Also, the level at which a firm accepts its potential dependency on another firm – in the context of the supply chain – can be differentiated. Supply chain, which has been defined as ‘

Nursing Application Essay Example | Topics and Well Written Essays - 500 words

Nursing Application - Essay Example Some times I felt the need to assist but I lacked the capacity to do so because I was only a child. However, these occurrences usually strengthened my desire to acquire the capability to assist other people to overcome problems. From that time up to now when I am a grown-up, I still yearn to accomplish my childhood desires of becoming an expert in promoting people’s health and general well-being of children, adults including the healthy, the ailing and the aged. I have the conviction that becoming a nurse will empower me to accomplish my goals. I settled on the decision to apply to Dorothea Hopfer School of nursing came as a result of careful analysis regarding the various institutions that offer the program. I have met with a number of professionals in nursing as well as in other fields who graduated from the institution, and the positions that they hold in the local, as well as international organizations, are admirable. The institution has a good reputation, and local organ izations usually give the first priority to graduates from the institution. I believe that the skills that I need in nursing will be acquired through studying in the institution. I have never felt so right about accomplishing my goals through a particular institution the way I do now. I am ready to sacrifice as much time as the program requires. I have strong leadership and team building skills that enable me to learn quickly through interactions with other students. I actively participate in class and intend to continue with this practice in order to accomplish the best in my nursing studies. I feel privileged to present my application to this reputable institution where I believe my professional goals will be accomplished. I am looking forward to cooperating with the administration as well as my instructors to enhance my performance in studies.

Profit and Loss Essay Example for Free

Profit and Loss Essay Profit and loss accounts, balance sheets Profit and loss accounts, balance sheets Two of the most important financial statements for a business are the Profit and Loss Account, and the Balance Sheet. The Profit and Loss Account shows the profit or loss of a business over a given period of time e. g. 3 months, 1 year, etc. In contrast, the Balance Sheet is like a photograph taken at an instant in time giving a picture of what the business owns and what the business owes at that moment in time. As we shall see it will always balance because what the business owns is financed by what the business owes. The Profit and Loss (PL account) Net profit takes account of other sources of income and expenditure that are not involved in normal operations e. g. interest paid on loans and interest received on having a positive balance in a bank account. Turnover is the value of sales made in a trading period. It is some eferred to as sale revenue and is calculated by the average price of items sold x the number sold. Cost of sales calculates the direct costs of manufacturing items, or buying in items to sell them on. Expenses are the overhead costs of running a business. These overheads cant be tied down to particular cost units. For example, it would be very difficult to calculate what fraction of the heating cost of a pen factory can be allocated to just one pen. The Balance Sheet is a statement showing the assets, liabilities and owners capital of a business at a particular Downloaded from The 100 Edition http://www. he100. co. uk moment in time, for example the year end. The Balance Sheet balances because the assets t hat a business possesses at a specific time have been financed either through the provision of capital by the owners or by the creation of external liabilities: Value of assets = Value of Liabilities Value of Owners capital. There are a number of things that we can see from looking at a balance sheet, for example: 1. The Net Assets of the business, i. e. the difference between the value of the assets and the value of the liabilities. A growth in net assets tends to indicate a growing business. 2. How solvent the business is. In other words, does it have enough assets that are short term, and hence easily converted into cash, to pay any pressing short-term liabilities. Case Example: A typical balance sheet will be set out in the following way (note that we use two columns. The first column is for minor calculations, the second column is for grand totals): Balance Sheet of Superior Traders, as at 31st December 2004 Fixed assets consist of those items that are kept within the business to create wealth over a period of time e. . machinery, equipment, vehicles, computers, etc. Current assets are used in the short period to generate income for a business. For example, in a manufacturing company like Kraft, stocks would represent products that have already been made and are waiting to be sold onto retailers. Typically stocks will be sold on credit for periods of one month, two months, or three months. Retailers buying s tocks on credit from Kraft would become Krafts debtors. At the end of the credit period they will pay up in the form of cash, enabling Kraft to buy more raw materials to create further stocks. Creditors due within one year are the sums that a business owes money to in the short period otherwise known as current liabilities. Net current assets is a measure of how solvent or liquid a business is. Many businesses need to have working capital. Working capital is calculated by subtracting current liabilities from current assets: Working capital = Current assets Current liabilities Note that the figure for net current assets appear almost in the centre of a balance sheet, and is a figure that many people will look at first to check on the solvency of a business. Total assets current liabilities is a sum that appears in the balance sheet simply doing what the title suggests. Creditors due after more than one year shows the longer term liabilities of the bsiness. Total net assets is calculated by taking away all the liabilities (both current and long term) from all of the assets (both current and long term). Shareholders funds shows the value of the shareholders capital in the business. It will always be the same value as the total net assets and it balances the account. Downloaded from The 100 Profit and loss accounts, balance sheets Profit and loss accounts, balance sheets Two of the most important financial statements for a business are the Profit and Loss Account, and the Balance Sheet. The Profit and Loss Account shows the profit or loss of a business over a given period of time e. g. 3 months, 1 year, etc. In contrast, the Balance Sheet is like a photograph taken at an instant in time giving a picture of what the business owns and what the business owes at that moment in time. As we shall see it will always balance because what the business owns is financed by what the business owes. The Profit and Loss (PL account) One of the most important objectives of a business is to make a profit. The PL account shows the extent to which it has been successful in achieving this objective. Companies are expected to keep their PL accounts in certain formats. Typically the PL account will show the revenues received by a business and the costs involved in generating that revenue. In simple terms: Revenues Costs = Profits. A typical PL account will look like the following: Case Study: PL Account for Superior Traders as at 31/12/2004 You can find out the gross profit of a business by deducting cost of sales from turnover: ? 100,000 ? 50,000 = ? 0,000 You can find out the operating profit by deducting the expenses from the gross profit: ? 50,000 ? 30,000 = ? 20,000 You may also come across the term net profit. Operating profit is earned from carrying out a businesses normal operations e. g. producing confectionery, or selling Christmas cards. Net profit takes account of other sources of income and expenditure that are not involved in normal operations e. g. interest paid on loans and interest received on having a positive balance in a bank account. Turnover is the value of sales made in a trading period. It is sometimes referred to as sale revenue and is calculated by the average price of items sold x the number sold. Cost of sales calculates the direct costs of manufacturing items, or buying in items to sell them on. Expenses are the overhead costs of running a business. These overheads cant be tied down to particular cost units. For example, it would be very difficult to calculate what fraction of the heating cost of a pen factory can be allocated to just one pen. The Balance Sheet is a statement showing the assets, liabilities and owners capital of a business at a particular Downloaded from The Times 100 Edition oment in time, for example the year end. The Balance Sheet balances because the assets that a business possesses at a specific time have been financed either through the provision of capital by the owners or by the creation of external liabilities: Value of assets = Value of Liabilities Value of Owners capital. There are a number of things that we can see from looking a t a balance sheet, for example: 1. The Net Assets of the business, i. e. the difference between the value of the assets and the value of the liabilities. A growth in net assets tends to indicate a growing business. Creditors due within one year are the sums that a business owes money to in the short period otherwise known as current liabilities. Net current assets is a measure of how solvent or liquid a business is. Many businesses need to have working capital. Working capital is calculated by subtracting current liabilities from current assets: Working capital = Current assets Current liabilities Note that the figure for net current assets appear almost in the centre of a balance sheet, and is a figure that many people will look at first to check on the solvency of a business. Total assets current liabilities is a sum that appears in the balance sheet simply doing what the title suggests. Creditors due after more than one year shows the longer term liabilities of the bsiness. Total net assets is calculated by taking away all the liabilities (both current and long term) from all of the assets (both current and long term). Shareholders funds shows the value of the shareholders capital in the business. It will always be the same value as the total net assets and it balances the account. Downloaded from The Times 100 Edition.