Wednesday, August 26, 2020

Self Reliance Essays - Eddic Poetry, Lokasenna,

Confidence There is a period in each man's training when he shows up at the conviction that jealousy is obliviousness; that impersonation is self destruction; that he should take himself for better, in negative ways, as his bit; that however the wide universe is loaded with great, no piece of supporting corn can come to him however through his work offered on that plot of ground which is given to him to work. The force which dwells in him is new in nature, and none yet he recognizes what that is which he can do, nor does he know until he has attempted. Not to no end one face, one character, one actuality, establishes a lot of connection with him, and another none. This figure in the memory isn't without preestablished agreement. The eye was put where one beam should fall, that it may affirm of that specific beam. We however half communicate, and are embarrassed about that divine thought which every one of us speaks to. It might be securely trusted as proportionate and of good issues, so it be loyally granted, however God won't have his work made show by weaklings. A man is calmed and gay at the point when he has placed his heart into his work and put forth a valiant effort; in any case, what he has said or done something else, will give him no harmony. It is a redemption which doesn't convey. In the endeavor his virtuoso abandons him; no dream gets to know; no development, no expectation. Confide in thyself: each heart vibrates to that iron string. Acknowledge the spot the heavenly fortune has found for you, the general public of your peers, the association of occasions. Incredible men have consistently done as such, and trusted themselves innocent to the virtuoso of their age, double-crossing their recognition that the totally dependable was situated at their heart, working through their hands, prevailing in all their being. Also, we are currently men, and must acknowledge in the most elevated brain the equivalent otherworldly fate; and not minors and invalids in a secured corner, not weaklings escaping before an insurgency, yet aides, saviors, and advocates, complying with the Almighty exertion, and progressing on Bedlam and the Dark. What beautiful prophets nature yields us on this content, in the face and conduct of kids, angels, and even savages! That separated and rebel mind, that doubt of an estimation since our number juggling has registered the quality and means restricted to our motivation, these have not. Their brain being entire, their eye is so far unconquered, and when we look in their faces, we are vexed. Earliest stages fits in with no one: all comply with it, so one darling normally makes four or five out of the grown-ups who babble and play to it. So God has equipped youth and pubescence and masculinity no less with its own intrigue and enchant, and made it fortunate and benevolent and its cases not to be put by, in the event that it will stand without anyone else. Try not to think the young has no power, since he can't address you and me. Behold! in the following room his voice is adequately intelligible and earnest. It appears he knows step by step instructions to address his peers. Modest or intense, at that point, he will realize how to make us seniors pointless. The lack of concern of young men who make certain of a supper, and would scorn as much as a ruler to do or say nothing to mollify one, is the solid demeanor of human instinct. A kid is in the parlor what the pit is in the playhouse; free, flighty, watching out from his corner on such individuals what's more, realities as cruise by, he attempts and sentences them on their merits, in the quick, synopsis method of young men, as great, terrible, fascinating, senseless, expressive, irksome. He cumbers himself never about outcomes, about interests: he gives an autonomous, certifiable decision. You should court him: he doesn't court you. Be that as it may, the man is, figuratively speaking, applauded into prison by his awareness. When he has once acted or spoken with eclat, he is a dedicated individual, viewed by the compassion or the scorn of hundreds, whose expressions of love should now go into his record. There is no Lethe for this. Ok, that he could pass again into his impartiality! Who would thus be able to maintain a strategic distance from all promises, and having watched, watch again from the equivalent unaffected, fair, unbribable, unaffrighted honesty, should consistently be considerable. He would articulate conclusions on every passing issue, which supposedly being not private, yet essential, would sink like darts into the ear of men, and put them in dread. These are the voices which we hear in isolation, yet they develop black out and indiscernible as we go into the

Saturday, August 22, 2020

The Barbie Phenomenon Essay Example For Students

The Barbie Phenomenon Essay The Barbie marvel overwhelmed the world. The making of the eleven and onehalf-inch tall glitz lady didnt start at an enormous partnerships planning phase, as some may might suspect. She really came directly from the hands of her caring guardians, Ruth and Elliot Handler. The Mattel Corporation, established by Ruth and Elliot Handler, has effectively promoted the Barbie doll for more than four decades and still keeps on selling the doll all through the world. It is astonishing the effect this childs toy has had in both the corporate meeting room and the toy room, and on youngsters as well as grown-ups. Barbie has brought billons in deals to the primary concern of Mattel, and to grown-ups the world over who have made significant interests in Barbie assortments. Strangely enough, had it not been for the ingenuity of one lady, Barbie may never have been conceived. Ruth Handler was brought into the world the most youthful of ten kids and started her vocation filling in as a transcriber at Paramount Pictures. Her better half, Elliot was naturally introduced to a family with four siblings and functioned as a light installation fashioner before coming back to class to get his craft degree (Lord 20). In 1937 the couple chose to face their first large challenge throughout everyday life. The two of them quit their occupations and moved from their home in Denver, Colorado, to go into business in Southern California (Lord 18). They opened their own locally situated business building plexi-glass furniture in their carport (West Interview). Not long after World War II started, the Handlers extended their business into what used to be a laundromat, and recruited laborers to help in their new manufacturing plant making gems, light holders, and other plastic things (Lord 20). At that point around 1945, Mr. what's more, Mrs. Handler chose to grow their business again. The couple started their own organization, Mattel Creations with long-lasting family companion, Harold Mattson as their accomplice. Mr. Mattsons last name was blended in with Elliots to frame the organization name Mattel (Lord 20). With the finish of the war came an expansion in the utilization of plastic, and Mattel Creations first item, a plastic ukulele called the Ukedoodle hit the toy store racks. The creation of this new toy truly helped set Mattels business moving. After the ukulele, came a jack-in-the-case, which additionally carried a lot of income to the organization. Mattel was fruitful to the point that by 1950, the organization had assembled a total assets of about a half million dollars (Lord 20). We will compose a custom exposition on The Barbie Phenomenon explicitly for you for just $16.38 $13.9/page Request now While Mattel Creations was occupied with commending the accomplishment of their popular ukulele and jack-in-the-crate, a creator in Germany was determinedly making his own magnum opus; one that would significantly impact the plan of the Barbie doll. A man named Reinhard Beuthien made an animation character named Lilli who showed up in the comic area of a German paper called Bild Zeitung. Before long, this one-dimensional character called Lilli was changed into a three-dimensional doll (Bad Girl 1). The doll that Mr. Beuthien created was eleven and one-half-inches tall, substance shaded and wonderfully painted (Lord 25). Her primary character characteristics included golddigger, maverick, and floozy (Lord 25). Be that as it may, Lilli was fundamentally an attractive, grown-up male explicit toy (Bad Girl 1) not a childs good example or toy (Bad Girl 2). Back in the United States, Ruth began having thoughts, while watching her little girl Barbara play with paper dolls, of structuring a doll with a womans body. Her little girl wasnt simply playing with the dolls; she was eagerly connecting with them (Lord 29-30). Ruth could see her little girl playing pretend in the place where there is grown-up life and figured a real doll would be a significant wonders (Lord 30). .uc95a637204e02f5220b4fd9865272213 , .uc95a637204e02f5220b4fd9865272213 .postImageUrl , .uc95a637204e02f5220b4fd9865272213 .focused content zone { min-tallness: 80px; position: relative; } .uc95a637204e02f5220b4fd9865272213 , .uc95a637204e02f5220b4fd9865272213:hover , .uc95a637204e02f5220b4fd9865272213:visited , .uc95a637204e02f5220b4fd9865272213:active { border:0!important; } .uc95a637204e02f5220b4fd9865272213 .clearfix:after { content: ; show: table; clear: both; } .uc95a637204e02f5220b4fd9865272213 { show: square; progress: foundation shading 250ms; webkit-change: foundation shading 250ms; width: 100%; haziness: 1; progress: obscurity 250ms; webkit-change: darkness 250ms; foundation shading: #95A5A6; } .uc95a637204e02f5220b4fd9865272213:active , .uc95a637204e02f5220b4fd9865272213:hover { murkiness: 1; change: mistiness 250ms; webkit-progress: darkness 250ms; foundation shading: #2C3E50; } .uc95a637204e02f5220b4fd9865272213 .focused content zone { width: 100%; position: relative; } .uc95a637204e02f5220b4fd9865272213 .ctaText { outskirt base: 0 strong #fff; shading: #2980B9; text dimension: 16px; textual style weight: intense; edge: 0; cushioning: 0; content adornment: underline; } .uc95a637204e02f5220b4fd9865272213 .postTitle { shading: #FFFFFF; text dimension: 16px; text style weight: 600; edge: 0; cushioning: 0; width: 100%; } .uc95a637204e02f5220b4fd9865272213 .ctaButton { foundation shading: #7F8C8D!important; shading: #2980B9; fringe: none; fringe sweep: 3px; box-shadow: none; text dimension: 14px; text style weight: striking; line-stature: 26px; moz-outskirt range: 3px; content adjust: focus; content beautification: none; content shadow: none; width: 80px; min-tallness: 80px; foundation: url( arrow.png)no-rehash; position: supreme; right: 0; top: 0; } .uc95a637204e02f5220b4fd9865272213:hover .ctaButton { foundation shading: #34495E!important; } .uc95a6372 04e02f5220b4fd9865272213 .focused content { show: table; stature: 80px; cushioning left: 18px; top: 0; } .uc95a637204e02f5220b4fd9865272213-content { show: table-cell; edge: 0; cushioning: 0; cushioning right: 108px; position: relative; vertical-adjust: center; width: 100%; } .uc95a637204e02f5220b4fd9865272213:after { content: ; show: square; clear: both; } READ: - Closest To The Sun EssaySome time later, while shopping on an extended get-away in Switzerland, Mrs. Handler previously observed the Lilli doll. She chose to purchase three of the dolls, one for herself and two for her little girl (Bad Girl 2). Ruth truly wasnt acquainted with Lilli or what she spoke to, yet in her, she saw the figure that she had been attempting to catch for quite a long time, yet was told couldnt be done (Lord 29). The doll was so imperative to her that when the men at the organization told Mrs. Handler that the doll was too female to be in any way made in the United States, she chose to start developme nt elsewhere on the planet. It was a year later, in 1957, when an electronic specialist at long last took the Lilli doll to be overhauled in Japan (Lord 30). These significant occasions served to at long last set up Ruth Handlers place in the doll world (Tosa 29). Named after Ruths own girl, the dolls name was Barbara Joyce, or Barbie for short, and her eagerly awaited introduction at last came in March of 1959 at New York Citys American Toy Fair (Tosa 30). Barbies achievement depended vigorously on how well her picture coordinated market desires and design patterns for children and grown-ups (Hein 4). In the eye of the guardians, she was an extraordinary toy (Hein 4). Barbie conveyed positive pictures and sound excellence. She wore a safety belt, turned into a space traveler, and ran for President (Hein 6), giving little youngsters dreams to make progress toward. Barbie additionally end up being an extremely flexible doll too. She was everything from a specialist to a fireman, a scientist, and a competitor (Hein 9-10). Not exclusively was Barbie brilliant, prudent, and complex, however for the children, she was outright fun. She had a wide cluster of garments and adornments, which permitted childrens minds to go crazy everywhere throughout the world (Hein 5). For the more established age, she was known as a high school design model, and another sort of doll from reality (Tosa 30). During that time as patterns changed, so did Barbie. At the point when the style magazines began demonstrating young ladies with tattoos and bellybutton rings, Barbie began indicating them as well (Hein 10). Balance for all wasnt only a genuine thing; it was additionally found in the Mattel world. Barbie delivered its first African American doll in 1968 (Hein 7). Presently, Mattel discharged a Spanish-talking doll, at that point as of late there was an arrival of an impaired Barbie (Hein 7). These diverse Barbie dolls were made so kids, while playing with dolls, could start to have genuine encounters (Hein 6). This fantasyland/grown-up life thought, was probably the best thought that Mattel had ever had, and the greatest selling point ever. The Barbie doll sold so well its first year underway, that it took three entire years to dispatch the requests (Long 17). Barbies notoriety didnt before long vanish either. By 1965 Mattel had sold more than one hundred million dollars worth of Barbie stock. By 1968, Mattel had Barbie industrial facil ities in Germany, England, and Mexico, and wholesalers in Italy and Belgium (Lord 59). In 1964, in the midst of all the popularity and fortune of the new doll, circumstances got difficult and the organization nearly became penniless as corporate showcasing got some distance from Barbie on different kinds of toys. The board started concentrating on electronic games than Barbie dolls, however the games didn't sell well and the organization lost a lot of cash (Lord 15). By 1981, notwithstanding, Mattel was in the groove again with thirteen new Barbie dolls available. Today Barbie is more famous than any time in recent memory with authorities and little youngsters the same. The normal American young lady younger than eleven claims ten Barbie dolls (Barbie Overview1), and Mattel presents more than one hundred new Barbie dolls each year!Barbie is obviously, as yet changing with the occasions and with the most recent innovation. She has new electronic games where players can decide to talk about professions, shopping, dating, or gatherings with her, and her own site. She has likewise been the glad rec

Friday, August 21, 2020

Advanced Financial Planning Tutorial

Advanced Financial Planning Tutorial If you want your business to succeed, you must understand financial planning. It forms the core of your business development, as it helps you to look into the future and make sense of the present. © | GeorgejmclittleIn this guide, we’ll explain in detail what financial planning is about and the benefits it brings to your business. We’ll look at the core elements of a financial plan and the steps it takes to cover all the bases. We’ve even included example spreadsheets to help you plan your finances.WHAT IS FINANCIAL PLANNING?Financial plan for businesses is essentially a forecast of future performance. It most often involves estimating the capital requirements for achieving certain strategic goals.The plan is conducted after a business determines its objectives and a vision for the future. It’s used for outlining and understanding the activities, resources, equipment and materials required for achieving these objectives. Furthermore, financial planning can also help determine the timeline for achieving these goals.Therefore, a financial plan is typically used as part of a business plan, during the development and start of a business. The plan is a cru cial part of a business plan, as it can help determine the viability of the business. It helps understand the finances behind the strategy and the timeline for getting the business on its feet.But additionally, financial planning is required at later stages of business development. It can help define the actions the business can do in order to succeed. For instance, financial planning can be used when implementing a new strategy or acquiring new equipment.WHY SHOULD A BUSINESS HAVE A FINANCIAL PLAN?First, you should know that your plan is always wrong. But as the famous quote by Dr Gramme Edwards says, “It’s not the plan that’s important, it’s the planning.” Financial planning will ensure you are better prepared for the times when the plan doesn’t go according to plan.There are a number of benefits of financial planning.The first major benefit is the validation of the business plan. With proper planning, you are able to confirm the objectives can be achieved in terms of financial gain and spending. This can be especially crucial for assuring investors of the viability and therefore getting them on board with your business. In essence, your business can validate whether the business assumptions are met in real life and decide whether to continue or discontinue with the current strategy.Furthermore, financial planning allows the establishment of a workable budget. It outlines the spending requirements needed for achieving specific objectives and measures the income requirements.Finally, a major benefit of financial planning is how it provides better financial control. You are more in control as you are more aware of the costs associated with running the business and succeeding. For example, financial planning means you are more attentive to the business’ tax burden. Since you are able to work ahead and estimate expenses and income, you can prepare the business for taxes. Furthermore, you can manage the cash flow and prepare for future needs in adva nce. Overall, it also guarantees better debt management, as you are aware of the interest rates and other associated costs. This can allow accelerated debt repayment and boost the business finances further.This is how you can go from your business model canvas to a financial plan.[slideshare id=45972194doc=bmctofinancialplan-150318003834-conversion-gate01w=640h=330]THE BUILDING BLOCKS OF A FINANCIAL PLANFinancial planning involves analyzing and estimating the following components:Start-up costsCash flow projectionsProjected and previous balance sheets and income statementsA break-even analysisA ratio analysisThe importance of each component depends on whether the business is just starting out or has been operating for a while. We’ll now outline each component in more detail.Start-up costsIf your financial planning is focused on getting a new business up on its feet, then start-up costs are an important part of the planning. These are essentially what the name suggests: the costs a cquired when setting up a business.Furthermore, they are one-time expenditures, not continuing expenses, and required in order for the business to start operating in the first place. Start-up costs include:Equipment costsFurniture and fixture costsSupplies and materialsInventory expenditureLicenses, permits and incorporation fees where applicableFor other costs, such as continuous expenditure for stocking up the inventory, the expenditure is noted under operating expenses. These are not included in start-up costs, but will be written down in income statements and cash flow projections.Cash flow projectionsYour financial plan will also need to examine cash flow projections. This is an estimation of when the business is expected to receive cash from sales. Cash flow projections are a crucial part of financial planning, as it helps the business to know when it’s able to pay the bills.Businesses typically do cash flow projections on a monthly basis and at least a year into the future. For your business to succeed, you should regularly compare your projections with actual cash flow and use the information to revise your analysis. Projected and previous balance sheets and income statementsFinancial planning examines both projected and previous balance sheets and income statements.Previous balance sheets and income statementsAn income statement shows the actual revenues and expenses for your business. This includes all the money coming into your business and any money going out of your business. It can sometimes be referred to as a profit and loss statement.Your financial plan should include at least the last year’s income statement, although you could have them available for a longer period.A balance sheet should also be included from the previous years. Balance sheets are an insight into a specific period and they provide information regarding the business’ assets, liabilities and the owner’s equity.Assets, which show what the business owns, include things such as cash, inventory and property. Liabilities, which are what the business owes, consists of things like taxes owed, mortgages, bank loans and so on. The owner’s equity, also referred to as the net worth of the business, highlights the assets minus liabilities.Projected balance sheets and income statementsAs well as including the current income statement and balance sheet, your financial plan should also examine projected, or pro forma, versions of both.A pro forma income statement estimates the revenue and expenses over a specific period. Like with the cash flow, it’s important to have both worst and best-case scenarios covered with the prediction. You should also regularly compare the actual income statements with the projections to understand how well you’ve planned for your finances.A pro forma balance sheet is an estimation of the business’ net worth at a specific time. Both of these projections are required by investors and lenders, as it helps them understand what your business’ finances might look in the future.A break-even analysisFinancial planning will also examine the break-even analysis. The break-even analysis helps you determine the amount of sales the business needs in order to not lose money.The break-even point is determined by the following formula:  Total costs = Total RevenuesIt essentially determines the viability, as well as the profitability, of your business.A ratio analysisRatio analysis includes a variety of different business ratios. These analyze the relative health of the business and they help you to identify positive, as well as negative, trends in your business’ performance.The data you use for ratio analysis comes directly from the balance sheet and the income statement. It’s a good idea to compare your specific ratios with other similar business. You can find this information on websites such as the US Securities and Exchange Commission and the RBA resource guide.The business ratios you should incorporate in your financial planning include:Current ratio â€" highlights the business’ ability to pay bills.  A ratio above 2:1 is generally favorable, as it shows your business as more current assets than current liabilities. Quick ratioâ€" The ratio is the same except it doesn’t include inventory in its calculations. Debt to equity ratio â€" Compares the debts of the business to its equity, showcasing the proportion of business’ finances that are covered by investment.  A ratio below 2:1 is advantageous. Return on investment ratioâ€"The ratio compares your business’ net profits to investment. It’s considered one of the best ways of determining the profitability of your business and therefore, crucial for financial planning. Inventory turnover ratio â€" Examines the average turnover in a given year, meaning the time it took to clear your inventory. The calculations can differ depending the industry. For example, in retail the sales are compared to inventory and then looked in relation to industry standard. You can find out more about business ratios  from the below video: STEPS FOR CREATING A FINANCIAL PLANNow that we’ve covered the basic components of a financial plan, let’s examine the steps for creating a sound plan for your business. Whether you are starting out or looking to implement a new business strategy, the below steps will help you on your financial planning adventure.#1: Calculate start-up costsIf you are setting up a business, you first need to consider the cost of starting out. Calculating the start-up costs is straightforward and simple; you merely have to include all one-time costs you must pay for the business to come to life.The costs associated for getting started will depend significantly on the type of business you are setting up. For example, launching an online-only business that deals with website development will most likely have less costs than setting up a restaurant.Below is an example spreadsheet you can use for calculating start-up costs.Licenses  Sec urity deposits:for rent or lease of equipmentfor utilities  Leasehold improvements  Furniture, fixtures, equipment, signage  Legal, accounting, consulting  Insurance  Pre-opening costs:advertisingwagessupplies, stationarytraining, travel  Opening inventory  Operating loan  Vehicles  TOTAL STARTUP COSTS  Remember not all points in the above spreadsheet necessarily apply to your business. For instance, you might not require the use of vehicles. You should initially estimate the costs, but ensure you adjust your spreadsheet as you get quotes for fees or find out the actual cost of certain elements.#2: Work out cash flow projectionsYou’ll next need to estimate the cash flow projection. In order to do so, you should:Use previous sales figures. Naturally this is only applicable once your business is up and running.Calculate both the worst and the best-case scenarios and use an estimate or the most likely outcome.Establish a credit policy for the business and use it to estimate how much of your sales will be on credit.Below is an example sheet for calculating your cash flow projections. You can also find a number of software options online. For instance, check out Float and Pulse.It’s a good idea to prepare the cash flow projection for a total year, but to separate the projections for monthly estimates.The example sheet below has space for two months, but you can create one file for all 12 months. Furthermore, the below example spreadsheet has a section for the estimated sums and for actual sums. This allows you to see how accurate your predictions have been at a glance.JanuaryFebruaryPredictedActualPredictedActualCash In        Cash sales        Account Receivable collected        Other cash received        Total cash in        Cash Out        Inventory purchases        Wages Benefits        Owner advances        Rent        Marketing        Administration        Insurance        Utilities        Accounting        Legal fees        Loan payments (principal int erest)        Maintenance, repairs        Travel, auto, delivery        Licences and taxes        Assets purchased        Other        Total cash out        Surplus or Deficit        Opening Cash        Closing Cash        The key to cash flow predictions is understanding the realistic ratio of receiving your invoices in cash and the timeline for doing so.It’s rather unrealistic to assume you’d receive 100% of your invoices within the first 30 days of starting out, so you need to be realistic with your calculations.#3: Prepare income statement and balance sheetAs mentioned in the previous section, it’s crucial to include the actual income statements and balance sheets, as well as the projected versions to your financial plan. Financial planning is more accurate if you use actual data for your estimations.When it comes to financial planning, the expert advice is to create projected income statements and balance sheets for a three-year period at once.Below is a sample income sta tement you can fill out with numbers. As with the cash flow projection above, certain aspects of the spreadsheet might not be relevant to your business.Year 1Year 2Year 3Sales      Cost of Sales      Gross Profit      Wages Benefits      Marketing      Rent      Administration      Insurance      Accounting, Legal      Loan Interest      Travel, Auto      Depreciation      Maintenance      Licences, Taxes      Assets Purchased      Other      Expenses      Net Income before Tax      Tax (%)      Net Income      It’s important to have your pro-forma income sheet and the actual income sheet distinct to avoid confusion. So, have a separate file for both. You also want to compare the two, as big differences in numbers can highlight problems you might have in estimating certain expenses or revenues.Here’s also an example spreadsheet you can use for calculating your balance sheet:OpeningYear 1Year 2Year 3Cash        Accounts Receivable        Inventory        Prepaid Expenses         Current Assets        Leasehold Improvements        Equipment Furniture        Accumulated Depreciation        Fixed Assets        Assets        Accounts Payable        Current portion of long-term loan        Current liabilities        Loan        Minus current portion        Shareholders’ loans        Long-term debt        Liabilities        Opening equity        Retained earnings â€" current year        Minus dividends        Equity        TOTAL LIABILITIES EQUITY        #4: Determine the break-even pointFinally, you need to determine the break-even point for your business. For calculating the break-even figure, you must focus on the following three factors:The selling priceâ€"The price at which you sell your product or service.The fixed costs â€" Costs, which don’t change depending on sales numbers. Includes expenditure such as rent, loan repayments, insurance, etc.The variable costsâ€" Costs, which increase or decrease depending on sales figures. Covers expenditure such a s materials, additional staff salaries and supplies, for example.There are essentially two different ways of calculating the break-even point: the equation method and the contribution margin method.The equation method allows you to determine the break-even point in units and your chosen currency, such as dollars. As mentioned above, the equation for calculating this is:Sales price per unit   x   Number of units = Variable expenses   x   Number of units   +   Total fixes expensesIn the above formula, the right side stands for the total costs, while the left side represents the total sales in the currency. By knowing the sales price, the variable expenses and the total fixed expenses, you can solve the number of units you must sell in order to break even.For example, business A might have determined the sales price per unit to be $15. It’s variable expenses stand at $7.50 per unit, with the annual fixed income running at $15,000. Using the formula above, the calculation would look l ike this:15 x Q = 7.5 x Q + 15,000                       15Q â€" 7.5Q = 15,000                       7.5Q = 15,000                       Q = 15,000 / 7.5                       Q = 2,000Q equals the unit quantity in the above calculation. Therefore, the break-even point in units is 2,000. You can then calculate the break-even point in dollars by multiplying the units (2,000) with the sales price per unit ($15). This would mean the break-even point for your business in dollars would stand at $30,000.The other available method is the contribution margin method. This takes the total fixed expenses and divides them by the contribution margin per unit (the sales price per unit the variable expenses per unit).With the numbers from the above example, the calculation would look like this:Break even-point = total fixed expenses / contribution margin per unitBreak even point = $15,000 / $7.5Break even point = 2,000The above information can then be presented in a break-even chart. Here’s a c hart highlighting the above data: CONCLUSIONA properly conducted financial plan will help your business to succeed. Financial planning essentially justifies your business ideas for it helps you answer the all-important question: Is my business viable and profitable?It doesn’t just provide you with a peace of mind going forward; financial planning is the best way to convince investors and lenders to get on board as well.

Sunday, May 24, 2020

Security Risk Management Plan Essay - 2013 Words

SECURITY RISK MANAGEMENT PLAN Prepared by Jeremy Davis Version control Project title | Security Risk Management Plan Draft | Author | Jeremy Davis | VC | 1.0 | Date | 25/10/10 | Contents Executive summary 4 Project purpose 5 Scope of Risk management 5 Context and background 5 Assumptions 5 Constraints 5 Legislation/Standards/Policies 6 Risk management 6 Identification of risk 7 Analysis of risk 8 Risk Category 9 Review of Matrix 9 Action plan 9 Testing Procedures 11 Maintenance 11 Scheduling 11 Implementation 12 Training 12 Milestones 12 Monitoring and review 13 Definition 13 Authorisation 14 Reference 15 Executive summary A Security Risk Management Plan (SRMP) helps CBS†¦show more content†¦This is achieved through the assessment of the business, operations, staff, assets, risks, legislations, standards and policies. Context and background Definition of Risk management The analysing of risks and implementation of risk controls to minimise and prevent risks from occurring to the business. Assumptions Assumptions must be identified that the business may be working to understand and gather more information. Assumptions are what the project team have expected to have or be made available throughout the program. * SMRP approved * SMRP implemented strategies are tested and is successful * SMRP meets requirements Constraints Constraints are usually a list in which provides the limitations and restrictions that the project team may encounter. * Budget issues * Must check if plan meets legislations, standards and policies * Approval of Security risk management plan may delay * Implementation of strategies Legislation/Standards/Policies When considering risk management, you must state legal and regulatory framework. You must identify in order to follow and meet the requirements for the Security Risk Management Plan * ‘Australian /New Zealand Risk Management 4360 1999’ * Standard ISO/IEC 27002 Information technology — Code of practice for information security management * Standard ISO/IEC 27004 Information technology — InformationShow MoreRelatedThe Risks Of Long Distance Human Spaceflight1426 Words   |  6 Pagesspaceflight, the risk management plan in correspondence must prepare the crew members before and during the mission, for risks which may or may not occur, in the isolated confines of space. Specifically, the risks of meteoroid impacts, malnutrition, and contamination were observed and their effects on the psychological and physical health of the crew members was detailed. Only meteoroid impacts are singularly and in transit risk, while both malnutrition and contamination are constant risks due to the humanRead MoreCase Study : Area Risk Assessment862 Words   |  4 PagesITGC Area Risk Assessment IT Management Low Systems Development Low Data Security Medium Change Management Low Business Continuity Planning High Alexandra DeHaven IT General Controls ITGC Area Summary of Issue Strength or Weakness IT Management FFC has an IT strategic plan Strength IT Management FFC has an IT Steering Committee Strength IT Management VP Information Security reports to CIO Weakness IT Management FFC plan matches IT plan Strength IT Management VP Applications reports to CIORead MoreRisk Management Project Part 1 Task 1602 Words   |  3 PagesTony Stark Risk Management Project Part 1 Task 1 Introduction A risk management plan is important for any business or organization regardless of the business’s or organization’s size. In the case of the Defense Logistics Information Service (DLIS), a risk management plan is critical in making sure the data that DLIS handles is protected. Loss or stolen information from DLIS can affect military assets. A plan needs to be made to be able to follow procedures in the event of an incidentRead MoreQuestions On Information Security System1271 Words   |  6 PagesQuestion 1: What is information security? Answer: Information Security is the practice of defending (guiding) information by considering the CIA Triad Principles which are Confidentiality (Authorize access), Integrity (Accuracy and Completeness) and Availability. Question 2: How is the CNSS model of information security organized? Answer: The Committee on National Security System (CNSS) is organize by considering the secure system attributes known as CIA triangle which extend the relationship amongRead MoreApplying Risk Management Essay923 Words   |  4 PagesApplying Risk Management Steve Panaghi University of Phoenix CMGT/430 March 31th, 2013 David Fedorchak Risk Assessment and control deals with identifying, analyzing, and planning all types or risks. It must also account for any newly rising risks and keep track of them and what they can do to a system. This paper will explain some possible risks and how to avoid them, but only as an example that can be extrapolated to the entire concept of Risk Management. It will also cover ideas thatRead MoreMain Purpose of security management1499 Words   |  6 Pagesï » ¿ The Main Purpose of Security Management and Security Measures must be Commensurate with the Threat For us to identify security management we first have to breakdown the meaning of security management because one person’s ideology of security can be totally different to someone else’s, therefore to define security in Latin (secura with care) basically translates to be free from danger. To need security management we first have to identify a threat because without a threat we can’t fully understandRead MoreThe Federal Information Security Management Act1089 Words   |  5 Pages The Federal Information Security Management Act (FISMA) Dayne Dickson Bellevue University The Federal Information Management Act Regulations are rules imposed by governments on companies, and individuals to ensures that society is protected. These safeguards can include protections for better and cheaper services and goods, as well as the protection of firms from â€Å"unfair† (and fair) competition, cleaner water and air, and safer workplaces and products (Litan, 2016, para. 2). In today’s information-drivenRead MoreInformation Systems Security Survey Essay1206 Words   |  5 Pages Information Systems Security Survey CSIA 303 Assignment 1 University of Maryland University College October 10, 2014 Information Systems Security Survey The University of Nebraska Medical Center (UNMC) is an institution that was built back in the 19th century. UNMC’s mission is to improve the health of Nebraska through premier educational programs, innovative research, the highest quality patient care, and outreach to underserved populations (UNMC, 2004). As an institution withRead MoreU.s. Department Of Homeland Security1668 Words   |  7 Pages1. Purpose Among one of the missions of The U.S. Department of Homeland Security is to protect and preserve the security of the Cyberspace in the country. The principal objective of this Security Plan is to give instructions and direction for the Department’s workers and help the Homeland Security to create best practices and strategies in the IT security system. 2. Scope This policy needs to be applied to all users, employees, contractors, suppliers and to all IT resources such as e-mails, filesRead MoreThe Current Service Level Agreement1223 Words   |  5 Pagesreviewing the current Service Level Agreement (SLA) between Finman Account Management, LLC, Datanal Inc, and Minertek, evidence was found that security standards necessary to protect all parties were not addressed within the body of document. The following information technology security standards are recommended to protect all parties involved and should be applied to the SLA in this case. For Finman Account Management, the chief concern is to provide guidelines within the SLA that address data

Wednesday, May 13, 2020

University of Nairobi Guidelines Attachment - 2651 Words

UNIVERSITY OF NAIROBI School of Computing and Informatics INDUSTRIAL-ATTACHMENT PLACEMENT AND EVALUATION GUIDELINES VERSION 1.0 Approved by 87TH SCI BOARD on 25th March 2013 March 2013 Table of Contents 1 Introduction 1 2 Definitions and Roles 1 2.1 Student Attachee: 1 2.2 Attachment Coordinator 2 2.3 Faculty Assessor 2 2.4 Industrial Supervisor 2 3 SCI Industrial Attachment Placement Policy 3 4 SCI Industrial Attachment Assessment Policy 6 5 Industrial Attachment Report Format 8 6 Assessment Forms 8 7 Sample Attachment Details Form, Industrial Supervisor’s Evaluation and Form Faculty Assessor’s Evaluation Form 9 8 Sample Log Book 13 Introduction The School of Computing amp; Informatics (formerly†¦show more content†¦The faculty assessor will be required to visit the student at least once during the 8 week duration and evaluate and grade the student activities. The assessor will consult with the industrial supervisor and fill the necessary industrial attachment assessment tool and file it at the earliest with the attachment coordinator. Industrial Supervisor This is a technical or management member of the hosting organization who is responsible for the student learning process. The industrial supervisor must establish a program of activities that will have maximum impact to the learning experience. The supervisor must assign the student appropriate technical staff(s) who will guide and mentor the student. The industrial supervisor will liaise with the attachment coordinator or faculty supervisor on matters relating to the well-being of the student or the attachment activities. SCI Industrial Attachment Placement Policy The development of this placement policy is aimed at harmonizing the strategies used in placement of students to various organizations. a) Type of Organization and Activities A student can be placed for attachment in any duly registered organization with a physical location that is easily accessible, and has a vibrant ICT department or is offering computing solutions. Students will be expected to participate on a day to day basis in the organizations business, andShow MoreRelatedThe Industrial Attachment Report7144 Words   |  29 PagesTHE INDUSTRIAL ATTACHMENT REPORT AT NAIROBI AVIATION COLLEGE-KISUMU BRANCH P.O BOX 751-40100, KISUMU Tel057-2022410,2022411,07149221937,0731931513 EMAIL: NAME: ODHIAMBO ABONYO LAZARO INSTITUTION: MAWEGO TECHNICAL TRAINING INSTITUTE ADM NO: 5728 COURSE: DIPLOMA IN INFORMATION TECHNOLOGY SUPERVISOR: CALISTO OYUGI MR. PERIOD OF ATTACHMENT: AUGUST TO NOVEMBER 2012  © November 15, 2012TABLE OF CONTENTSDeclaration †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ | | Dedication †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreInternship Report6674 Words   |  27 PagesKENYATTA UNIVERSITY SCHOOL OF ENGINEERING AND TECHNOLOGY DEPARTMENT OF COMPUTING AND INFORMATION TECHNOLOGY Name of Author Oganga Lance. Registration No. I17/1576/2007. Degree Programme Bsc (Computer Science). Title Industrial Attachment Report. Period of Attachment June 2010 – Aug 2010. Placement Company Kenya Industrial Estates Ltd., Nairobi. Co-operating Officer Mr. Njuguna J.G. ReportRead MoreConfronting Procurement Challenges Nairobi S State Corporations Essay5734 Words   |  23 Pages CONFRONTING PROCUREMENT CHALLENGES IN KENYA’S STATE CORPORATIONS Student ID: 00414787 A dissertation is submitted in partial fulfilment of the requirements of The University of Salford for the degree of Master of Science in Procurement, Logistics and Supply Chain Management August 2015 TABLE OF CONTENTS TABLE OF CONTENTS ii LIST OF FIGURES/LIST OF ABBREVIATIONS iii LIST OF ABBREVIATIONS iv CHAPTER ONE: INTRODUCTION 1 1.1 Background to the Study 1 1.2 Statement of the Problem 3 1.3 Aim of theRead MoreIndustrial Attachment Report at Cmr-Kemri9715 Words   |  39 PagesMASINDE MULIRO UNIVERSITY OF SCIENCE AND TECHNOLOGY P.O. BOX 190-50100 KAKAMEGA FACULTY OF SCIENCE DEPARTMENT OF BIOLOGICAL SCIENCES COURSE TILTE: INDUSTRIAL/FIELD ATTACHMENT COURSE CODE: SBL326 NAME: PAMELA K. MUKWEYI REG. No.: BTE/0517/08 DURATION: 9TH MAY – 20TH JULY 2012 SUBMISSION DATE: ATTACHMENT PLACE:CENTRE FOR MICROBIOLOGY RESEARCH- KEMRI Scope/purpose The Industrial Attachment program fulfils part of the requirement in pursuing the degreeRead MoreThe Effects of Ownership Structure, Board Effectiveness and Managerial Discretion on Performance of Listed Companies in Kenya27922 Words   |  112 PagesBusiness, University of Nairobi, Kenya. 2008. DECLARATION I declare that this thesis is my original work and, to the best of my knowledge, has not been submitted to any university for a degree. ONGORE VINCENT OKOTH Date REG. NUMBER: D80/8987/2001 This thesis has been submitted with our authority as the candidate’s appointed university supervisors. PROF. PETER O. 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Download the original attachment RESEARCH PROPOSAL THE EFFECT OF ORGANIZATIONAL RETENTION STRATEGIES ON EMPLOYEE TURNOVER (A Case Study of the Kenyan Courts-Mombasa Law Courts) PRESENTED BY NAME: SUPERVISED BY: DATE PRESENTED: ABSTRACT This paper presents some of the existing institutionalRead MoreDebonairs Pizza Product-Market Expansion Growth Strategies27204 Words   |  109 PagesRecognition of Prior Learning 7. WORKSHOPS 7.1 Workshop Venues 7.2 Workshop Dates 7.3 Workshop Programmes ASSIGNMENTS 8.1 Submission 8.1.1 Number of copies 8.1.2 Modes of delivery of assignments 8.1.3 Submission of assignments by e-mail 8.1.4 General guidelines to submission of assignments 8.1.5 Policy regarding group assignments and plagiarism 8.1.6 Acknowledgement of receipt of assignments 8.1.7 Release of assignment results 8.1.8 Extension of submission dates 8.1.9 Late submission of assignments 8.1Read MoreBank Management System12681 Words   |  51 Pagesbills using the mobile phone. 1.3 Motivation for Undertaking the Project The developer had developed a great interest on client – driven solutions, personalized services and particularly mobile-based solutions to banking problems in his industrial attachment at Kenya Commercial Bank. Initially the Information System was a Loan Appraisal System using WEKA an artificial tool for decisioning but when supervisor Mr. Peter Okech left; the system had to be changed to an online banking system under supervisorRead MoreGender-Based Disaster Relief And Ngo Efforts: A Case Study10156 Words   |  41 Pages Gender-Based Disaster Relief and NGO Efforts: A case study of the majhi community in the 2015 Earthquake. By RABINA KC (201529240001) SCHOOL OF SOCIAL DEVELOPMENT AND PUBLIC POLICY BEIJING NORMAL UNIVERSITY SUPERVISOR YANG LICHAO 1. Introduction 1.1. Background In Nepal, on 25th April 2015 Saturday at 11;56 local times, a 7.6 magnitude earthquake hit Barpak in the historic district of Gorkha, about 76 km northwest of Kathmandu. Since the major shock till 7th June 2015, there were 300

Wednesday, May 6, 2020

American Government Exit-polls Free Essays

As per exit polls in Texas are concerned, there were some interesting results that are worth noting regarding the trend of voting. The Democrat beat the Republicans by a substantial margin of close to one million votes with McCain garnering 4, 479, 328 or 55% and Obama 3, 528, 633 or 44%. The voting in terms of age Exit polls in Texas for President showed that of the 47% male voters, Obama got 39% while McCain had 59%, and of the 53% female voters Obama had 47% while McCain got 52%. We will write a custom essay sample on American Government Exit-polls or any similar topic only for you Order Now What was interesting in this exit poll result was the trend in voting by age. Texas exit poll revealed that among ages 18-29 comprising 16% of the total votes, Obama earned 54% votes and McCain 45%. Among ages 30-44 (31% of the total votes), Obama had 46% and McCain 52%. Of ages 45-64 (39% of the total votes), Obama got 41% While McCain earned 58%. Finally at 65 and older (14%) Obama had a lowest 32% votes while McCain got a high 66% of the total votes from this age group. The exit polls in Texas reveal important things. 1. That most men in general in this state favored and voted for McCain giving him 59% over Obama with only 39%. 2. That, women in general in this state only slightly favoring McCain giving him a slight edge over Obama at 52% compared to 47%. 3. Among voters ages 18-29 comprising 16% of the total votes, Obama gets the upper hand with 54% compared to McCain’s 45 % 4. But among ages 30-44 which comprised 54%, McCain was the stronger candidate. 5. The trend in the voting by age shows that McCain was the top choice among the older voters. Ages 45-64 comprising 39% shows McCain widening his lead over Obama at 58% to 41% 6. Exit poll among ages 65 and older shows Obama further down at 32% compared to McCain’s 66%. 7. That this voting trend favored McCain considering the age bracket of the voters getting older. 8. That obviously this voting trend in the age bracket point to the direction of racial prejudice. 9. The younger generation was more open to accept societal change through conventional leadership styles. 10. That voting by race reveals that voters in Texas votes based on racial preferences. II. A Letter to the President Dear Mr. President: In view of the exit polls in Texas, apparently younger generations voted for you in view of their being open mindedness on the issues affecting our society. However, the same exit poll reveals that Texas voters in general are partisan voters voting merely based on racial preference. I therefore urge that you give particular attention on this observation by showing considerable fairness among the people of Texas despite you loss by a margin of almost a million votes for future reference. I hope for your favorable response on the matter by paying a visit and extend the atmosphere of reconciliation. Sincerely: III. Question on the election trends I believed that the trends in the general election have changed dramatically from previous trends. The change that took place according to CREST (The Centre for Research into Elections and Social Trends) has to do with voters’ attitude that influenced their preferences for the kind of leaders they wanted for their country. In that report, voters chose the leader/s, who could deal with personal issues such as healthcare, economy, social security, gas prices, war in Iraq, political corruption lobbyist, terrorism, taxes, immigration, and environment (Hardy). The voting attitude was greatly influenced by the current issues that affected their country. The new trend I believe will pass on history and will be seen in future presidential elections especially if Obama proves himself as the right president who could correct the inaccuracies in the society. This period is very crucial in the history of the United States and while the new trend in USA election brings remedy to their crisis, the trend will become the basis in choosing government leaders. Reference Hardy, F. W. (9 Jan 2008). Election Issues Excel in America: National Issues Shine in New Hampshire Presidential Primaries. Suite101. com. http://us-elections. suite101. com/article. cfm/election_issues_excel_in_america President Texas. ElectionCenter2008. CNN Politics. com. http://edition. cnn. com/ELECTION/2008/results/individual/#TXP00 How to cite American Government Exit-polls, Papers

Tuesday, May 5, 2020

Frankenstein by Mary Shelley and Benito Cereno by Herman Melville Essay Example For Students

Frankenstein by Mary Shelley and Benito Cereno by Herman Melville Essay Throughout the years the theme of good versus evil has been used in various novels. Such as Frankenstein by Mary Shelley and Benito Cereno by Herman Melville. Both novels have accurately demonstrated the origins of evil. Mary Shelleys Frankenstein supports Rousseaus philosophy of the Noble Savage. Rousseaus theory was that man was born good, but when influenced by society man can become corrupted with evil. The character that signifies Rousseau theory of the Noble Savage is Victor Frankensteins creature. The creature was gentle at the beginning of his like, childlike in his curiosity and experience but after several harsh encounters with humans he becomes bitter. Loneliness and isolation motivate the monster to turn to destruction. It was his loneliness that made him savage. An example of societys rejection toward the monster would be the De Lacey family. The monster desired the friendship of the De Lacey family and went about seeking ways to gain it by doing small chores for them anonymously and educating himself so they would see past his horrid appearance. He watched their family together and saw the way they loved each other. He hoped they had enough charity in their hearts for him because he was a singular creature with no home or family, a being alone in the world. He wasnt an emotionless beast indifferent to his solitary state. He was sensitive and very aware of the isolation he experienced, so he wanted to reach out to the De Lacey family to end his loneliness. Frankenstein his creator was the reason the monster was lonely because he had created him as the only one of his kind and then abandoned him. The De Lacey family was the monsters chance for love. However, when he seeks their affection they are afraid of him and their scorn sends him away. This enraged the monster he wanted to make Frankenstein pay for his insensitivity. His desire for revenge took greater precedence over his desire for companionship. The anger and vengeance he exhibited to sought out Frankenstein were a result of the loneliness and rejection the monster had been subject throughout his life. Only when the monster had been subject to societys scornful attitudes which led him to loneliness and isolation did the monster become angry and vengeful. If society hadnt have reacted in a negative manner the monster wouldnt have been destructive, because ultimately the monster was good inside. Another example of the origins of evil would be Herman Melvilles Benito Cereno. This story supports Hobbs theory, which is that man is born with the ability to be evil. The characters that closely represent Hobbs theory would be Babo and the slaves. Under Benito Cerenos weak leadership they revolted and took over the slave ship. What started out to be a slave ship turned out to be a slaughter ship of the white sailors. The slaves were upset and possessed hatred for the white sailors. During the revolt instead of capturing the sailors they took it to the extreme. In the eyes of the reader the slaved are no longer human they have become animalistic and evil. The slaves took it to the extreme by murdering and torturing sailors. They murdered the captain of the ship and hung his body from the top of the ship. They threw sailors overboard alive. They went beyond what is considered acceptable. They were truly evil and possessed the ability to be evil and animalistic. Therefore the stories of Herman Melvilles Benito Cereno and Mary Shelleys Frankenstein discussed the origins of evil through Rousseaus and Hobbs theories.