The Role of Culture in Socio-Emotional Development Essays

The Role of Culture in Socio-Emotional Development Culture passes down the expectations for social and emotional conduct from one generation to the next. Be liefs about what is healthy and dysfunctional in socio-emotional development differs among societies and across groups over time (Woodhead, 1996) . In order to uphold children's right to develop based on what is normal for their context, a perspective is demanded that is inclusive of a variety of developmental paths that promote the well-being of the chil d (Woodhead, 1996). Bronfenbrenner and Morris' (1998) transactional-ecological model posits there is a "bidirectional-influence" involved in shaping interactions between children and their context, meaning the child's behavioral interactions mold and become molded by these spheres of influence. With young children, the majority of their culture is derived from the home, religion, and community. Accordingly, educators can be mindful of how their own cultural values impact their beliefs, bi ases, behaviors, and teaching methods. This can unlock different ways of responding to bias and including culture in the classroom in ways that promote positive socio-emotional development. Family A part of natural social development is the desire to belong to a cultural group and be accepted by its members. The family is the long-term cultural group, and instead of working to promote acculturation of the dominant beliefs about how children should develop socially, there should be efforts to integrate aspects of family culture into classroom interactions in ways that support students. At home, behavioral expectations and rules come from consistent or inconsistent parenting, sibling interaction, and interaction with the family. However, discipline may be enacted by grandparents, aunts and uncles, older cousins, and close friends of the family Consequently, teachers should inquire about the important players in the child's life that help shape and model behaviors. These players can be used as potential cheerleaders and referenced for input on behavior modification with consent from primary caregivers. In many cultures, children as young as 3 or 4 have responsibilities or chores that are vital to the function of the home. Including the ways that children may be integrated into the home and community can show appreciation for the values of a culture. Children benefit from being "active contributors" to their classroom and can benefit from becoming connected with and depended upon by others (Punch, 2001 p. 818; Weisner, 1989). This responsibility can promote competence, self-efficacy, and skill development. Incorporating more responsibility for students in the classroom sends the message that the teacher believes they are competent and can be responsible for helping the classroom community function. This can include having each child and family be responsible for an integral part of the curriculum each week or as simple as having a child feed the classroom pet as their weekly job. Religion Learning about various belief systems and promoting an understanding of how they are beneficial to each person's way of being should begin in early childhood. Understanding the values of other cultures can help teachers promote observation of rituals in school in ways that do not interfere with the curriculum. Teachers can also help the child and family develop language for talking about what they are doing when and if they are questioned by peers. A positive regard for a child's active participation in family cultural activities is one way teachers can validate a student's socio-emotional development. Teachers should be willing to support families and students in finding the words to express their activities with peers to further interest and build connections to other student family customs. Community Community impact varies based on location and resources. Some communities have more funding than others to provide services that help promote youth engagement in productive activities, such as arts, sciences, sports, and nature. Teachers can develop a list of likes, dislikes, and interests that may lead to connections between students and possibilities for additional activities. At all times, educators should be mindful of the cost of recommended programs as many families may not have the means to finance additional activities, and presenting the idea to the child before speaking with a parent may result in disappointment. However, this does not mean that the only programs suggested to low-income families should be free because this underestimates the ability of

WW2 effctes on the world essays

WW2 effctes on the world essays effects of the bombing of Hiroshima and Nagasaki: The Atomic bomb was created using the scientific discovery of Albert Einstein that E=MC2 . When it was dropped, little was known about the actual power in which it contained. During World War Two, two of them were dropped in Japan in Hiroshima and Nagasaki. The damage was so drastic, it ended World War Two and they have never been used in a war since. The short and long term effects were also very drastic and caused many major changes in the world. From the creation of a new Japan to the Anti-nuclear war pacts still around today, it had many effects. In 1941, Japan felt it was time to conquer China and to fortify itself for any counter attacks that were to take place after their major attack. The major attack was on Pearl Harbor in America. The spurred America into joining World War two on the side of the Allied forces which led to the eventual downfall of Japan and Germany. One of the major factors that made America such a large factor in the winning of the Allied forces was the creation of the atomic bomb. Albert Eienstein, an acentric scientist who escaped Germany to America before the concentration camps were started, invented the theory which was the major factor in creating the atomic bomb. Energy equals mass times the speed of light squared or E=MC2. Meanwhile in Cambridge, England, the reverse process was seen. John Cockcroft and E. T. S. Walton broke apart an atom. The fragments had slightly less mass in total than the original atom, but they flew apart with great energy. It seemed like their was going to be no end to the bloodshed that was taking place during World War Two. America was faring very well against Japan, but the more men that were killed, the more men that appeared. The death count was rising steadily and rising fast. Something needed to be done to end the war. Noone was sure of the power of the atomic bomb, but thy were sure it was g...

Analysis Of Jane Eyre s The Madwoman s The Attic Essays Jane Ey

On the surface Bertha’s existence is seen as an obstacle to Jane’s happiness with Rochester and a scandalous secret shame of Rochester’s. A closer examination of Bertha’s circumstances and how she came to be at Thornfield can conclude that her madness is simply product of being alleviated of both her wealth and independence in the male-dominated society of Victorian England. Her regression into a madwoman due in part to her confinement is carefully surmised from Jane’s first impression her when she is i... ...of the Victorian era and perhaps, in some ways, by having such a placid protagonist and a passionate minor antagonist could be reflective of the authors own conflict between submissiveness and rage. The madwoman in the attic, a phrase employed by theorists Gilbert and Gubar (Donaldson, 2002) as they developed an argument about what exactly the â€Å"Madwoman in the Attic† represented. Perhaps she embodied all the pain and rage that the author of the text felt. One can be locked away, hidden, diagnosed as mad, however, you cannot ignore the intensity of her character: her hardheartedness, sexual potency and mind make her an unforgettable character. Instead of doing away with such a burden of a person the character chooses to end her own life. If the madwoman in the attic was reflective of Bronte herself what might it mean for her to kill off her fictional passionate self?

Cloud Computing Research Paper Example | Topics and Well Written Essays - 2000 words

Cloud Computing - Research Paper Example It is well known that emerging technologies can bring in newer market opportunities, with improved data and information storing, sharing and communication. Among them, the emerging Informational technological concept of Cloud Computing brings in many benefits to the organizations, and thus has great potential for future applications. So, if this emerging technology is taken advantage of, it would benefit the companies by helping to address the business needs of the client, thereby encouraging its business growth through good profits and lowered costs. Both big organizations as well as smaller firms are adopting this technology to fulfill their own needs. So, this paper will look at the technology behind this concept and how it could impact the organizations, which utilizes it. Cloud computing is an Internet-based computer network with the main role for ‘outside’ or ‘virtual’ servers, without the need to establish and maintain in-house infrastructure. The data, softwares, applications, etc stored in those servers can be accessed by computer users from anywhere through a web browser by paying subscription charges, based on the ‘services on demand’ concept. â€Å"The storing and accessing of applications and computer data often through a Web browser rather than running installed software on your personal computer or office server†. (cloudcomputingdefined.com).The fundamental concept behind Cloud Computing got originated in 1960s, when the American computer and cognitive scientist John McCarthy opined that â€Å"computation may someday be organized as a public utility†. (Frangulyan). This rings true because the main characteristics of Cloud Computing is computing in a public or external environment. This ch aracteristic was further explored in comparison with the electricity industry by Douglas Parkhill in his book, "The Challenge of the Computer Utility", published in 1966. The Cloud

US Intel Community Essay Example | Topics and Well Written Essays - 1000 words

US Intel Community - Essay Example The great thing about this agreement is that there is a common face to it and is apparently diplomatic and open addressing on alien nations1. But there is as well a dark and covert side and although they allegedly are not appropriated to operate domestically, they do act domestically through the big private institutions - enforcing the policies of the UN Organizations. Understanding that explains how UN policies are interconnected and enforced in the United States. From the start of this nation history, there have been two sects - Internationalists and Nationalists. The Nationalists were our Founders. The Internationalists were the Tories - oppositions of independence. Traditionally, the military have been accountable for interior security and homeland defense. The National Security Act of 1947 regrouped the leadership of the armed forces following Second World War, validating a Defense Department (DOD) with a Secretary of Defense (SECDEF) that content directly to the Commander-in-Chief. As we now acknowledge, the NSC was not arranging a great job aligning all the facets of Office of Homeland Security2. For instance, border security was addressed in a split way by a number of agencies. Intelligence was not being effectively shared. To start with, from ethical point of view, the National Security Act of 1947is an act that governs all partaking office with origins and roots from the US governance. Taking the account that United nation is excluded from the provision of United states intelligence information is unethical on account that the organization has rights as far as the laws is of concern. The organization has been of help in identification of individuals disputes and always alerted the States on any prevailing measures needs to be taken just on time. 2. How would you define "morally intolerable" and "morally acceptable" from an intelligence operation perspective concerning national security? Is torture of terrorists or enemy

Emile Durkheim Essay Example for Free

Emile Durkheim Essay Emile Durkheim was a French sociologist who is considered to be the founding father of sociology. His contributions were in sociology, Anthropology and religions studies. He published and lectured sociological studies in topics like education, crime, religion, suicide and division of labor. Durkheim was born in Pascoag province of Lorraine, formerly in Germany but presently in France, in 1859, April 15. His family line was of rabbi but he rebelled against this title while still a kid. Much of his work was to show that religions bases were from social issues and not a divine issue. Though he rebelled against his family rabbi tradition, his relationship to the family and the Jewish community was still intact. Most of his collaborators and students were drawn from the Jewish community and was even confirmed under the Jewish traditions at the age of thirteen. He followed the regular system in the secular school and at the same time studied Hebrew, Talmud and Old Testament. He at one time acquired some numinous skills in Catholicism from his female teacher who was a catholic herself. However, soon after, he developed some doubts in religion and withdrew his involvement in it. In the college d’Epinal, he was a precocious scholar and this earned him some prizes and honors. This motivated him towards his ambition and transferred to Lycee Louis-le-Grand, a French high school in Paris. Later in 1879, he joined Ecole Normale Superieure a training institution for French scholars. In the ground, he met some major scholars marking French intellectual life. These were; Henri Bergsona a vitalism philosopher, Jean Jaures a social leader, Rauh, Golot and Blondel all philophers and Peirre Janet a psychologist. His interest is a scientific view to society earned him some opposition towards Ecole Normale academic system. It contained no social science which was Durkheim interest. Instead, humanistic studies dominated the academic system. He rebelled against a course that privileged reading of Latin prose and Greek verse and felt recent scientific discoveries and philosophical doctrines should have been the privileged. He was for a solid and structured learning rather than elegant dabbling system which was even rewarded. In 1882 he finished 2nd last in his graduation class. Despite his rebel nature, he had some good friends like Jean Jaures – a socialist leader. He was known to be intelligent, dedicated, a good moral and scientific instructor. (Caser 143) After spending a year in Germany studying sociology, he returned to Bordeaux where a teacher’s training school had just been started. There, he taught social sciences and pedagogy. He was credited for introducing social sciences in the French curriculum. However, his argument that social science could easily explain morality and religion was criticized. Thereafter in 1890s, it became Durkheim’s period of his significant contribution. In 1893, he published his doctoral dissertation â€Å"The Division of labor in Society†, which was a study of how social order was maintained in differing societies. 1895 published â€Å"Rules of the sociological method† manifesting on sociology definition and how it is supposed to be done. One the same year, 1895, he founded Department of Sociology at the University of Bordeaux. In 1898 he published his increasing students and collaborators works in â€Å"LAnnes Sociologuque† a journal he had founded. In 1897, he published â€Å"Suicide† a study providing examples of what the sociological monograph might look. He used quantitative methods in criminology to explore the different crime rates among Protestants and Catholics. He found the strong social control among catholic reduced suicide rates. In 1902, Durkheim was the permanent chair of education and sociology. In the same year 1912, he published his major work â€Å"The elementary forms of Religious life† During the world war which was characterized by propaganda, Durkheim dropped his position on politics which was patriotic rather than internationalism. His former students had died in the war including his own son. This caused Durkheim mental blows. He had lost his son and his rational secular life had been affected by the war. In 1917, he suffered a stroke from emotional strains and exhaustion, recovered months later and resumed to work but later on the same year died. Emile Durkheim was laid to rest in Paris. (Emile Durkheim) His theories and ideas mainly focused social structural assertions of human social tribulations. He covered the social facts, division of labor, education, crime, punishment law and suicide. In social facts, Durkheim felt that the society is much more than what it meant. He incorporated issue like ethnic and religion background. His priority was not on what influences individuals behaviors or acts but in social facts. His argument about social facts is that its existence is more objective and greater than individual’s actions and who makes a society. He argued that only if people in a society were oriented to a common symbolic representation sets, to a common assumption about the environment, could moral unity prevail. Without them any society irrespective of its modernity or primitive nature would degenerate and decay. (Coser 144) In religion, his views are that it is a pervasive aspect in social structure. It is more human oriented aimed at uniting communities. He looks at it effect on an individual and the way they behave, how it can divide a community and its role in the society. Durkheim defines religion as a cultural system of commonly shared beliefs and rituals that provides a sense of ultimate meaning and purpose by creating an idea of reality based on super natural powers (Giddens 534) In division of labor, he argues that despite it aim for material and intellectual development in the society; it has a moral factor more important in that it enhances social unity among people. He argues that people have something in common. This is what binds them together along traditional lines for they are more or less the same. The highly complex division of labor in modern communities was influenced by ‘organic’ solidarity. Specialization and social roles tie individuals to one another. He argues law is a major symbol in the social unity. Punishments acts in it are meant to sustain the unity. Law is not meant to punish but restrain the existing unity. Durkheim called the breaking of social norms state of anomic. (Calhoun 47) He tried to argue suicide by comparing its rates among the Protestants and Catholics. There was less suicide cases in catholic than in protestant. According to him this was as a result of catholic strict norms. His work has influence control theory of sociology. His view on punishment is that it is important in the society setting. He argues social solidarity can only be maintained through punishment. To avoid law breakers who in turn threaten the social unity in a society, punishments act as a threat. However, he calls for a relevant punishment amount claiming it threatens immorality. On crime, he feels it is useful as it leads to reform. It is a response to a pressing social tension and therefore flushes out the pressing issue off the society. (Parsons 32) As a teacher, he had interest in education. He felt it is an important entity in the social structure as it strengthens social cohesion, maintains social roles and maintains division of labor. Emile Durkheim has over the years influenced sociology scholar. In most cases, they have based their studies in his arguments. In most education curriculum, his sociology initiative has been incorporated. His arguments in almost all the areas in social structure have influenced the modern society. Major education institutes offers courses on sociology all over the world. The study of criminology has based its findings in Emile’s ideas. His sociological theories and ideas have been used to explain the causes of crimes in a society. Policy and law makers have used Durkheim’s ideas in making the law. Courts too in their making of judgments they have based it on his ideas. For example cases of suicide and crimes. His findings have been very significant in trying to understand terrorism and terrorism acts. In the modern society, this has been a major threat to the international unity. Religion has been known to be the root cause of such terrorism acts. The 9/11 us terrorism act was by Islamic extremists. The social control in Islamic does not restrict this and therefore it may not look more of a crime to them. Religion has influenced the society greatly, from politics, rituals and practices. On the religion set social norms, members have behaved and acted according to them. Civil wars in most of the word nations are as a result of social norms conflict among different societies. Most of the crimes against humanities have been important in that it has influenced reforms as per Durkheim ideas. Many societies have learnt from past experiences and have significantly reformed to be stronger and united. However, some societies have released social tensions through criminal activities like wars and the end result have been improved unity. This justifies Durkheim’s idea on crime that it is important in reformation. The United Nation body is significant in the world’s unity. The social norms outlined in its organization have a great influence in controlling the world’s societies in their actions. Exploitation is now reduced and independence has prevailed. On the other hand, the larger community i. e. the world is now much more united. Division of labor which is an evident entity in the modern society is more than just sharing responsibilities and roles. It is very significant in social unity. The coming together of specialists from different background has enhanced interaction and understanding among a larger population. In the labor firms, acts that govern a company have been made by their respective policy makers and are significant in the social unity and in role sharing. Durkeim’s scientific views on the society, his contributions and influences are very visible in the modern society.Therefore, he deserves acknowledgment as the founding father of sociology. Work cited: Coser, . Emile Durkheim the Person: sociology at hewett 1977. Retrieved on Friday, October 17, 2008 from http://www. hewett. norfolk. sch. uk/curric/soc/durkheim/durkper. htm Emile Durkheim Site: Emile Durkheim biography: mosaic Retrieved on Friday, October 17, 2008 from http://www. emiledurkheim. net/ Giddens, A Griffiths, S . Religion in the modern society: Polity, 2006. 138- 148 Parsons, T. et al . Theories of Society, New York: Free Press, 2006, 33-48 Calhoun, et al: Classical Sociological Theory . Blackwell Publishing, 2007. 45-66

bar flies Essay -- essays research papers

Bar Flies   Ã‚  Ã‚  Ã‚  Ã‚  When you go to the bar it seems there are always people hanging around much like flies hang around a barn. The people that frequent bars are from many different backgrounds. They are there for a variety of reasons. Some are there to have a burger with friends. Others are spending their time drowning their sorrows with a few drinks. People who frequent bars can be classified into three groups; lifers, regulars, and those who are there to socialize.   Ã‚  Ã‚  Ã‚  Ã‚  The first category of bar flies is the lifers. The lifers are the people that always seem to be at the bar. Lifers spend five to seven nights of the week in the bar. They are not always drinking beer or alcohol often they are drinking coffee and talking with the bar tender. Th...

Ruth case

In order to make the first cut in the list of potential countries, Hannah looked at the penetration strategy, market development, diversification and product development as a strategy for entering a new market. The unused variable that would be helpful would be the political stability, competition and the regulations that might limit the business growth. For research purposes the following were taken in consideration: Population, legal to import USA beef, affinity for American brands, consumer dining bits and amount of beef-eaters in that country.The exhibit number 4 was used to narrow the 200 countries to 33. My top 5 choices are different from Henna's. My choices are Germany, United Kingdom, Singapore, Spain and Bahamas. The main reason for this choice is because Germany is the national largest economy in Europe and has a very high standard of living, which increase the changes of success in this country. United Kingdom has very small political risk and their way of eating is simil ar to this country. United Kingdom also has affinity to American products. Singapore is growing very quick.Their standard of living Is very high and Is one of the most expensive Asian countries to live In. Spain GAP per capita Is the 8th largest in the world. Spain also has a very large population (over 40 million). Their beef eating habits are similar to US. The last one would be Bahamas because even thought Is small, it's a very tourist place. It's full of visitors all year long, increasing the chances of success for restaurants. Bahamas Is second to US In beef consumption. These five countries are meat eaters according to the US Census Bureau of 2012.

Working Capital

WORKING CAPITALQ1. Which of the following is the primary most objective of working capital? (MCQ)The difference between current assets & current liabilitiesA balance of having liquid assets to ensure the operation is unaffectedManagement of individual working capital componentsWorking capital analysis using ratios(2 marks) Q2. Calculate the Current Ratio & Quick Ratio using the below information. (MCQ)$000Inventory 200Receivables 670Payables 235Bank loan 85Current Ratio 0.37, Quick Ratio 0.27Current Ratio 0.58, Quick Ratio 0.31Current Ratio 1.76, Quick Ratio 1.54Current Ratio 2.71, Quick Ratio 2.09(2 marks) Q3. Pick Co. sold 20% of its inventory on credit for 10% profit. What will be the effect on the quick ratio & current ratio after the inventory sale, if all else is equal? (MCQ)Current Ratio (Increase), Quick Ratio (Increase)Current Ratio (Increase), Quick Ratio (No change)Current Ratio (No change), Quick Ratio (Increase)Current Ratio (Increase), Quick Ratio (Decrease)(2 marks) Q4. Inkle Co has receivables turnover of 8 times, a payables turnover of 4.5 times and an inventory turnover of 2.25 times. Calculate cash operating cycle assuming 365 days in a year? (MCQ)46 Days81 Days127 Days162 Days(2 marks) Q5. Which of the following TWO statements are correct in relation to working capital policies for a manufacturing company and a food retailer? (MRQ)A manufacturing company will need to invest in raw material and result in large amounts to be owed to its customersA food retailer will have a large inventory of large receivables balanceA manufacturing company needs no accounts receivable policyA food retailer will need to consider inventory management policy (2 marks) Q6. Mafia Co is a manufacturing company and has the following periods. Periods DaysReceivables collection 70Raw material turnover 42Work in progress turnover 14Finished goods turnover 42Payables payment 495334032258000What is the time it takes to complete a working cycle? (FIB) Days(2 marks) Q7. Which of the following best describes the working capital turnover? (MCQ)It measures a company's ability to replace its working capitalIt measures the working capital support to the revenuesIt measures the liquidity position of the companyIt measures the profitability position of the company (2 marks) Q8. Yolo Co. has the following inventories:Raw material $600Work in progress $550Finished goods $700Yolo Co has annual purchases of $5,000 with the cost of sales being $2,000. What are the average inventory days for Yolo Co (366 days in a year)? (FIB)23495-317500Days(2 marks) Q9. A company sells toy machine guns in the USA; it yearly sells 15,000 guns at $60/each. It has to receive $56,000 from its customers. In how many days will the company receive all its payments? (MCQ)10 Days23 Days63 Days98 Days(2 marks) Q10. A delay in payment to the suppliers may result which of the following? (MRQ)Future contracts with the suppliers may be disruptedA discount on late payment will be missedGoodwill in the market will be increasedAn increase in the price of products as a compensation (2 marks) Q11. Which of the following is not a typical symptom of overtrading? (MCQ)A significant increase in revenue A bank overdraft reaching its limit A fall in the quick ratio and the current ratio A fall in trade payables days(2 marks) Q12. A company has very high levels of inventory and high cash balances. This is an indication of? (MCQ)Over-tradingHigh cash operating cycle Over-capitalizationLow working capital cycle (2 marks) Q13. Select whether the following statements are true or false. (HA)An increase in sales revenue should likely to increase the level of working capital invested TRUE FALSEA profitability decrease is an indication that the trade cycle has been increased TRUE FALSEUnder-capitalization is the rapid increase in sales as compared to the invested finance TRUE FALSE(2 marks) Q14. Match the following ratios in comparison to identify the over-trading problems. (P;D)A significant increase in sales Customers are paying late than their credit period Current liabilities are in excess of Current assets WORKING CAPITAL GROWTH % QUICK RATIO % INCREASE IN RECEIVABLES(2 marks) Q15. Unto Co is an online sales company which has established its business in the past two years. The CFO has indicated that the company has expanded its business and gained a good market share in these two years but to able to continue further they will need to manage its working capital effectively. Which of the following actions might help overcome Unto Co problems? (MRQ)The shareholders will be asked to inject finance into Unto CoInventory levels should be increased by Unto CoSales of Unto Co should be withheld for some timeRetained profits should be invested back in Unto (2 marks) Q16. An investment policy is the amount of working capital investment needed for a particular company. Which of the following statement related to a conservative policy? (MCQ)Company keeping a low level of inventory will lead an earlier cash operating cycleA lengthy cash operating cycle may lead to high finance costInventory levels ; receivables should be kept at an optimum levelA short cash operating cycle may lead to risky business(2 marks) Q17. Kelp Co has kept its inventory levels at the minimum level from the start of the business. The business was acquired by a competitor and they continued its operation as per their previous owners. In the last three months, the company is unable to meet the supply demands due to a shortage of inventory. The new owner of Kelp Co is unable to recognize the working capital policy. Select the appropriate working capital policy? (MCQ) Conservative investment policyAggressive financing policyAggressive investment policyConservative financing policy(2 marks) Q18. Select the appropriate option. (HA) The efficient management of inventory ; receivables relates to a moderate investment policy TRUE FALSEIf customers pay late to a company this will increase the cash cycle TRUE FALSE(2 marks) Q19. A company needs finance to invest in their assets. Select the appropriate asset in relation to working capital financing policy. (P;D)Assets are bought in their respective seasons Assets continue for more than a year Assets present with the company at any given time of the year NON-CURRENT ASSETS PERMANENT CURRENT ASSETS FLUCTUATING CURRENT ASSETS(2 marks) Q20. Which statement best reflects a conservative working capital finance policy? (MCQ)More short-term finance is used because it's riskyMore long-term finance is used because it improves liquidityMore short-term finance is used to purchase inventoryMore long-term finance is used to pay-off payables(2 marks) Q21. Select the following similarities in an Investment & financing working capital policy. (MRQ)The risk of stock out in the policyThe names used in each policyThe use of assets in the policyThe level of inventory in the policy(2 marks) Q22. Which of the following factors could have an influence in working capital? (MRQ)Company credit policies The future growth prospectThe balance of liquidity & profitabilityThe nature of the companyPayable credit policies of suppliers(2 marks) Q23. Which of the following is a benefit in having a decentralized treasury department in a company? (MCQ) The duplication of workThe benefit of bulk discountingThe low-interest rates applied by the bankThe development of skills of managers (2 marks)WORKING CAPITAL (ANSWERS)Q1. BThe difference between current assets & current liabilities (Definition)A balance of having liquid assets to ensure the operation is unaffected (Objective)Management of individual working capital components (One of the aspects of WC)Working capital analysis using ratios (One of the aspects of WC) Q2. DCurrent Ratio = [200+670] à · [235+85] = 2.71Quick Ratio = [670] à · [235+85] = 2.09 Q3. AThe Quick ratio = IncreaseThe inventory sold on credit, all else being equal receivables (current assets) will increase, so the quick ratio will increase.The Current ratio = IncreaseCurrent assets include Inventory & Receivables. The inventory sold for profit, the receivables increase will be more than the decrease in inventory, the net effect will be the increase in current assets, hence ratio increased. Q4. CReceivable days= (365 à · 8) = 46 daysInventory days = (365 à · 2.25) = 162 daysPayable days = (365 à · 4.5) = 81 daysCash operating cycle = (46 + 162) – 81 = 127 days Q5.A manufacturing company will need to invest in raw material and result large amounts to be owed to its customers (Correct)A food retailer will have large inventory with small receivables balanceA manufacturing company needs careful consideration of accounts receivable policyA food retailer will need to consider inventory management policy (Correct)Q6. 119 daysWorking Capital Cycle= (70+42+14+42) – 49 = 119 Q7. BQ8. 91 daysRaw material days = (600 à · 5,000) Ãâ€" 366 = 44 daysWork in progress days = (550 à · 2,000) Ãâ€" 366 = 101 daysFinished goods days = (700 à · 2,000) Ãâ€" 366 = 128 daysAverage days = (44 + 101 + 128) à · 3 = 91 days Q9. BSales = 15,000 Ãâ€" 60 = 900,000 Receivable days = (56,000 à · 900,000) Ãâ€" 365 = 23 days Q10. Future contracts with the suppliers may be disrupted (Correct)A discount on early payment will be missedGoodwill in the market will be decreasedAn increase in the price of products as a compensation (Correct) Q11. DOvertrading is business trying to do too much too quickly with too little long-term capital. The payment period to accounts payable is likely to lengthen (not shorten). Q12. COver-capitalization represents an excessive investment by a business in its current assets. In the case inventory & cash balance both relate to current assets of a business. Q13. An increase in sales revenue should likely to increase the level of working capital invested TRUE A profitability decrease is an indication that the trade cycle has been increased TRUE Under-capitalization is the rapid increase in sales as compared to the invested finance TRUE Q14. A significant increase in sales Working capital growth %Customers are paying late than their credit period % Increase in ReceivablesCurrent liabilities are in excess of Current assets Quick Ratio Q15. The shareholders will be asked to inject finance into Unto Co (Correct)Inventory levels should be managed efficiently by Unto Co Sales of Unto Co should be lowered not withheld completely for some timeRetained profits should be invested back in Unto (Correct) Q16. BIn a conservative policy, the inventory levels & receivables are kept high resulting longer cash operating cycles leading to a need for finance via overdraft facilities. Overdraft results finance cost. Q17. CThe company kept its inventory levels at the minimum having a high risk of stockouts which indicates the Aggressive investment policy was used by Kelp Co.'s previous owners. Q18.The efficient management of inventory ; receivables relates to a moderate investment policy TRUE If customers pay late to a company this will increase the cash cycle TRUE Q19.Assets are bought in their respective seasons FLUCTUATING CURRENT ASSETSAssets continue for more than a year NON-CURRENT ASSETSAssets present with the company at any given time of the year PERMANENT CURRENT ASSETS Q20. BThe conservative policy finances most fluctuating assets with long-term finance and finances all permanent assets with long-term finance. Resulting low risk eventually improving liquidity but decreasing profitability. Q21. The names used in each policy are same only. Q22. All given above are the factors which can influence the working capital Q23. D

Advertising, The Good With The Bad Essays - Advertising, Free Essays

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Marketing Services Versus Products Part II - Assignment Example Other similarities and differences between products and services include the fact that products are tangible whereas services are intangible by nature and that both products and services can be promoted through advertising and public relations. The fact that products are tangible significantly affect the customization of products in the sense that customization of products allows the end-users to customize the product physically based on what they have specified. Customization of services is much more different in the sense that it focuses on the provision of easy ordering and faster delivery service to the customers. It is important to note that standardization and customization are two different things when it comes to developing the quality of service. For example, as compared to standardization, customized service allows the customers to enjoy more flexibility when it comes to service they receive from the provider (Lamb, Hair, & McDaniel, 2013). It means that standardized services are less flexible. In relation to the marketing mix, Reggie mentioned that both products and services should satisfy the need requirements of each customer. For instance, products which refer to both products (i.e. smart phone) and services (i.e. legal services) should create positive experience to each customer whereas promotion should advertise or create public awareness about the quality and uniqueness of the company’s products and services. Additional similarities between the marketing of products and services include the fact that both products and services can be differentiated through branding (Perreault, Cannon, & McCarthy, 2014). Differences between the marketing of products and services include the fact that products can be marketed through its packaging but not in the case of marketing services. Therefore, the marketing of tangible items like washing machine can be customized through its packaging but not