5 Famous People Who Found Success Despite Failures

5 Famous People Who Found Success Despite Failures Disappointment and achievement are two of a kind. So as to succeed, you should fall flat. In any case, how would we conquer the negative attitude that we may developâ as an aftereffect of flopping more than once? Many individuals get back up subsequent to bombing once, however getting back up in the wake of bombing 10 or multiple times is the genuine test. We can discover motivation from a portion of the world’s most striking figures. Here are 5 fruitful individuals who discovered accomplishment regardless of their failures:Source [demilked.com]

Saving Private Ryan Movie Review Example | Topics and Well Written Essays - 1000 words

Sparing Private Ryan - Movie Review Example An abstract perspective as a rule shows the watcher what the principle character is encountering in the story. To make this perspective, Spielberg needed to give us shots of Captain Miller taking a gander at something and afterward gives us how the commander responds to what the chief observers. This emotional perspective, not just shows up during the principal epic fight scene yet additionally in other fight scenes all through the film. There is another amazing fight scene later in the film where the warriors experience German soldiers in the bombarded out stays of a French town. Spielberg is quick to show the watcher that men who battle in the war put their life at risk for other people, not for courage, but since it is their obligation to do as such. He explains this point by utilizing Captain Miller’s perspective. Mill operator is a wonderful, mild-mannered person that encounters the shocking brutality of the fight scene as he sees different troopers lose their lives. As t he pioneer of his gathering, Captain Miller gives us access on the significance of winning the war and simultaneously shows the watcher on his assurance to finish his strategic sparing Ryan’s life with the goal that he can return home. Question 2 One controlling theme in the film is the utilization of clamor and quietness. This theme is obviously brought out particularly since Spielberg utilizes Captain Miller’s perspective. ... This occurs during the primary fight scene on the sea shore where an officer attempts to approach him for requests, and he wakes up from the quiet back to the commotion. The end of sound is a viable articulation of Captain Miller’s perspective around then. It could be sensibly noteworthy on the grounds that his hearing could have been harmed by the shooting clamor of the fight machines, or a mental injury of his enthusiastic agony. This theme assists with upgrading the subjectivity of the film just as the topic of fortitude. As it were, an officer needs to confront his adversaries and to Miller shutting out all the commotion in order to see things plainly causes him to be gutsy to confront the fight. By shifting back and forth between the clamor and quietness during fight, Spielberg shows his dominance of sound altering while he lets the watcher experience what the warriors are experiencing on the combat zone. It is surely to state the Spielberg expertly utilizes this theme to improve the topic of the film just as bring the watcher through the fight understanding. Question 3 Spielberg utilizes Tom Hanks as Captain Miller and in doing so prevails with regards to depicting him as a human. He passes on his humankind through his capacity to lead his gathering of men in their journey to spare the life of one man. In doing as such, they have to remain alive in the midst of detonating bombs and flying slugs. Commander Miller realizes that it is important to win the war yet what drives him is the longing to endure everything and return home to his significant other and family. This craving drives him to finish his strategic he realizes that family is an amazingly essential part of one’s life.â

How to Prepare (and Recover) From Summer Storms for Less!

How to Prepare (and Recover) From Summer Storms for Less! How to Prepare (and Recover) From Summer Storms for Less! How to Prepare (and Recover) From Summer Storms for Less!Its basic science: Summer is the best.Between the longer days, the warmer weather, the sunshine and the liberal usage of tiny drink umbrellas, there just isnt a better season. But with all that warm air and spring moisture still hanging around, its also a recipe for summer storms.If youre earning a low-income, then you probably want to use your paychecks on something other than home and car repair this summer. So lets help you out with some expert advice on how to prepare for (and recover from) a summer storm.We talked to our favorite home, utility and financial experts to get some inside information on storm preparedness. So if you get some storm damage this season, dont turn to a payday or dangerous bad credit loan, just follow these tips instead!Before the Storm:The weatherman says a storm, tornado or hurricane is hitting your area  in the next 24â€"72 hours? What do you do?Our friend Matt Stock, President of US Waterproofin g, says:Even if your homes has no history of issues, heavy rains take a toll. Some frequently overseen preventative measures homeowners can quickly implement to avoid issues include:Check for clogged or blocked gutters.Check for oversaturated soil around the foundation of your home.Clean your window wells to make sure the drain doesn’t clog.Make sure window wells are properly sealed shut.Extend downspouts at least six to 10 feet away from your foundation.Everything has an expirationâ€"including sump pumps. Check them yearly.Most sump pumps only last fiveâ€"ten years.Follow your nose: Mold and mildew odors may be the result of a foundation leak. Wet conditions + Basement leak = mold. It doesn’t take much: a little moisture, air, and darkness. That’s all it takes for mold to take root and spread like a wildfire. If this happens, seek a free estimate.The plumbing and drain cleaning specialist at  Mr. Rooter Plumbing  offer these preventative measures:Locate your emergency water s hut-off valve and remove any shrubbery or obstructions. This valve may be located in the basement, crawl space or adjacent to the water heater. Test the water shut-off valve to be  sure that it is operational. If the shut-off valve is not operational, have it repaired or replaced.Turn off the emergency water shut-off valve if you are leaving your residence prior to a storm. This will help minimize damage to your  homes interior should a pipe burst inside your home. If you turn off the emergency shut-off valve, follow the manufacturers recommendations on turning off the electric for your tank-type. This is done through your main electric panel.If you have a natural gas or LP/Propane Gas  tank-type water heater, follow the manufacturers recommendations on turning off the  emergency gas shut-off valve to disable the gas supply. Some water heaters may be damaged if the water supply is turned off for an extended period of time.Locate your sewer clean-out lid and remove any shrubbery or o bstruction in case the clean-out needs to be located.Home and business window repair specialists Glass Doctor  recommend the following:High-impact glass is the most effective way to protect your windows and doors without affecting your homes curb appeal; however, a less expensive option is to cover your existing windows with a clear plastic hurricane film. This helps prevent glass from shattering when impacted by flying debris. Another option is installing storm windows and doors. This type of glass protection involves installing a second window or door over the existing one. This is a good option if you cant afford to replace your windows with high-impact glass, but you want more protection than hurricane film can offer.If you dont have high-impact glass, hurricane film or storm shutters, you can call an emergency board-up company to cover the outside of your windows and glass doors with plywood when a storm is approaching. Then if debris goes flying, the glass is safe. While it’ s certainly not an aesthetically pleasing method of protecting your windows, it’s cheaper than replacing broken glass.If you prefer to board up the windows yourself, you can follow these step-by-step directions  (also called out below).Take window measurements:  Using a tape measure, measure out the height and width of your window. For height, measure the window from top to bottom and subtract ¼ inch from this number. For width, measure the distance from one side of the window to the next, and again subtract ¼ inch from it. Make sure to label your measurements (eg. master bedroom) so that you will know exactly to which windows your measurements apply.Cover with Plywood:  Purchase 1/2-inch thick plywood for each window. This is where your measurements come in handy. Use the measurements to approximate the dimensions of the plywood youll need. Always make sure the plywood you purchase complies with any state inspection standards. Once you have the plywood in hand, youre ready to s tart boarding up your windows on the exterior side of your house. Place the plywood over your window; it should cover your window adequately.Secure with Steel Clips:  Secure the plywood into place by using carbon steel clips, which fastens the plywood inside your window casing. Carbon steel clips are available at any hardware store and take less time than drilling holes and securing the plywood with nails and screws. Clips give you a snug, solid fit and allow you to take down the plywood for storage and reuse later. The most popular brand of steel clips is Plylox. Simply cover the window with plywood, and then clip the plywood into the window casing. For windows that are 2424 inches or smaller, only two steel clips are necessary.But what about the risk of electrical surges, fires, and outages?  Mr. Appliance  has you covered:Install  a surge protector in your electrical panel that can protect your home’s appliances. This is a device intended to help protect electrical devices from voltage spikes caused by surges. These come in two main types:A box that plugs directly into a wall receptacleA strip with a power cord and multiple plug-in outlets. Using one of these devices is the most efficient option, and is more practical than trying to manually unplug all of your appliances ahead of the storm. Unplugging your appliances 24 to 72 hour in advance is not practical for all appliances, as the food in your refrigerator will likely spoil, and your frozen foods will thaw. In addition, dishwashers and ovens are often directly wired to the electrical supply, so a consumer may not be able to ‘unplug’ those devices.The folks at Rainbow International  offer these final storm preparedness tipsCheck doors, windows, and walls, such as areas where cables and pipes enter, for openings that could allow water to penetrate.Trim back any branches touching your home. If they rub your roof, they could pull parts of it off in a storm. Keep trees well pruned to allow wind to pass through with minimal damage and debris. Consider re-grading around trees to strengthen the ground and give roots something to cling to.Clear clutter and get rid of items you are no longer using, which can turn into projectiles. Bring lightweight outdoor items such as patio furniture, plants, toys, and trash cans inside.So thats protecting your home. But what if you have a small business? Maxime Rieman of CoverWallet, a small business insurance provider, has your, well, wallet covered.For small business owners, one of the simplest ways to get ahead of the potential costs associated with a storm is through appropriate insurance. There are a few key coverages to consider. Commercial property and business interruption policies provide coverage for the costs of damages associated with a storm, and will help you to cover costs such as lost income and relocation should you be impacted. A business owners policy actually combines these coverages, plus general liability protection, into a si ngle package. However, you need to understand that insurance comes with certain exclusions, and will often not cover earthquakes, floods or loss of electricity. If these are potential causes of loss for your business, generally dependent on if theyre common risks for your location, youll want to ask about a rider or additional coverage.Bill Begal of Begal Enterprises also has some interesting, business-specific, storm preparedness advice:What suppliers are used regularly? How they will or will they not be able to service your needs to keep you in business.  Take the time now to set up alternative contacts and sources to keep your pipeline full.Where are the digital media, licenses and backups kept?  If kept on site in a fire proof safe, they may not be safe.   The fire proof safe will be rated to keep items inside safe from fire, even up to an hour, but not necessarily protect those items from heat. You need a media cooler. Think of Ray Bradbury’s Fahrenheit 451, paper self-combu sts once it reaches 451 degrees. If your vital documents, software licenses, CDs or thumb drives with important information are in a media cooler, in a fire proof safe, then you will be taking proper measure to truly protect yourself.Use off-site alternative office space. Some of my clients have back up and emergency space 40ndash60 miles from their current offices. It is an additional cost, but some feel it is worth while “just in case.”  At the “flip of a switch” email, phone and other communications can be re-routed to go through the emergency space if needed.If you have a home business, consider:Special insurance to cover your business and business personal propertyâ€"it most likely is not covered by your homeowners insurance, and if it is, it will be a minimal amount, at most.Check and read your insurance policyâ€"what IS and IS NOT covered?Keep good records and separate records. Prevent any reason for an insurer to deny a claim.Keep electronics off the floor. They nee d to breathe. Also keep them away from animals and water.Don’t overload circuitry as you grow. If youre almost big enough to get a bigger space, but not quite ready to take the leapâ€"don’t overload the circuits, or over use extension cords or outlet splitters.Many offices are in basementsâ€"check the drain or stairs often especially as seasons pass and storms are predicted.During the Storm:Okay, its here, and its really bad. Now youre not just thinking about your home, youre also thinking about your safety.Rainbow International  also recommends preparing for really dangerous weather byBuild an emergency kit:  You need food, water, and  basic disaster supplies, which include water, non-perishable food, a battery-powered radio, flashlight and extra batteries, and a first-aid kit,  to last 72 hours. Assemble your emergency kit well before severe weather strikes. You may have to evacuate at a moment’s notice, so keep your emergency kit in an easy-to-access place.Create a family c ommunication plan:  Your family may be scattered around town at school, work and daycare when a storm hits. That’s why you should  create a family communication plan  now. Establish  how you’ll get in touch, reunite and handle different situations. Make sure every family member has their parents’ and siblings’ cell phone numbers memorized.Peter Duncanson of ServiceMaster Restore  says:Consider building a FEMA safe room that provides near-absolute protection from hurricanes, or find out if anyone in your community has built one.Stay informed. Listening for timely information can make all the difference when preparing for a hurricane. Be on the lookout for National Weather Service (NWS) broadcast alerts for watches and warnings in your area, and sign up for your community’s text or email alert systems for emergency notifications.Rehearse taking shelter and practice how you will communicate with family members. It can also be in your best interest to take first aid training a nd emergency response classes so you can help in emergency situations.After the Storm:So you prepped as best you could, but once that storm passes, there is  still damage. And you have, like, no money for repairs. Now what?Glass Doctor  recommends the following:If your windows are damaged in severe weather, board up services cover the gaping hole so your home is protected from further storm damage, as well as burglary and vandalism. Whether used as a preventative or recovery method, board up services help prevent property damage, reduce the risk of liability and improve your chances of insurance coverage.Luckily, the folks at Rainbow International  recommendAfter a storm has hit, it’s important to start the rebuilding and recovery process quickly, especially if flooding has occurred. Seeping water is progressive, pervasive and can mean valuable objects may become permanently damaged if there’s no action in the first 48 hours.Stay tuned to your TV or radio during recovery for inf ormation on assistance available in your area through government.Contact your insurance agent to discuss any claims you need to make. Be prepared that typical homeowner’s insurance policies do not cover flood damage.Hire only professional contractors for cleanup and repair needs. Avoid any “drive-by” contractors that may try to scam you. It best to hire a reputable restoration company like Rainbow International.And finally, Peter Duncanson of ServiceMaster Restore  offers this good sense:Download the American Red Cross Emergency app for more information and tips on what to do after a hurricane so you can be as prepared as possible. To download, text “GETEMERGENCY” to 90999, search “American Red Cross” in the app store, or go to redcross.org/apps.Continue listening to the local radio station and checking local news apps and outlets for the latest updates and instructions for your area.Reach out. Find a way to contact your friends and family to tell them where you are an d what you need.Once authorities declare that it’s safe to go home, you may return. Do not try to return home before authorities say it is safe to do so.Safety first. Avoid driving or even walking in flood waters. Just 6 inches of moving water can knock you down, and rapidly-moving waters can sweep your vehicle away. Furthermore, flood water might be electrically charged by downed power lines. If you see any fallen power lines, call your utility company immediately. Do not assume someone else has already contacted them.Check the power. When you return home, turn off the power to your house if you are able to reach the breaker box safely, or ask your power company to cut power remotely. Standing water inside your home can create an electrical shock hazard.Check the structure. If your home’s structure or foundation appears unstable, do not attempt to go inside. Instead, immediately call for professional help and get a thorough assessment of the damage. Water damage after a hurrica ne can cause walls, ceilings and floors to swell, decay or collapse.Take inventory. Photograph and document all damages to your home and belongings to support any future insurance claims. After documenting the extent of the damage, you can begin cleanup and extract, dry and attempt to restore as many items as you can safely reach.Contact your insurance agent. As soon as possible after a storm, contact your insurance company or representative to check your coverage and start the process of filing a claim.Partner with professionals. Professional restoration companies like ServiceMaster Restore ® offer 24-hour emergency assistance to minimize the immediate and extended impact that a hurricane can have on your home. Our water damage restoration experts come equipped with the best practices and tools to extract water, dry your home and belongings, restore damaged items and prevent the development of mold so you can get back to normal as soon as possible after a hurricane.Have your own ti ps for dealing with storm damage for less? Let us know! You can find us on Twitter at  @OppLoans.Visit OppLoans on YouTube | Facebook | Twitter | LinkedINContributorsBill Begal  (@Begalenterprise) is the founder President of Begal Enterprises, Inc. a Disaster Restoration Company based in Rockville, MD serving clients nationwide. He led major projects and teams of up to 150 people after Hurricanes Charley, Frances, Jeanne, Katrina, Wilma Ike.   Industries served include Hospitality, Industrial, Retail, Manufacturing, Healthcare Class “A” Office and Real Estate. In 2007, Begal Enterprises was awarded The Restoration Industry Association’s “Phoenix Award.” Bill often authors, contributes and speaks to a variety of related periodicals, media outlets and trade groups on disaster preparedness, clean up, insurance, mold MRSA and has been relied upon over 100 times.Peter Duncanson is the Director of Systems Development for ServiceMaster Restore and Chairman of the Board of the Institute of Inspection, Cleaning and Restoration Certification. With over 30 years of experience in the industry, Peter holds many certifications and his expert knowledge on all things home-related helps readers take simple, yet highly effective steps to safeguard their home and their family.Glenn Gallas  (@therightroad)  is the  Vice President of operations for  Mr.Rooter Plumbing. Glenn began his career at Mr. Rooter Plumbing beginning in Feb. 2000, as a franchisee in Hot Springs, Arkansas. Because of his success and achievements, he was offered the opportunity to become a Franchise Consultant before being promoted to Mr. Rooter Plumbing, Vice-President of Operations.Larry Patterson  (@GlassDoctor1) is the owner of  Glass Doctor  in Dallas, Texas. Glass Doctor is a global franchise company providing home and auto glass repair, maintenance and installation. Larry has been a franchisee/business owner of Glass Doctor since 2003, served on the company’s leadership council and was named Franchisee of the Year in 2011.Maxime Rieman  (@CoverWallet)  spend her time educating and assisting shoppers about financial products has been Maxime Riemans focus, which led her to joining CoverWallet, a startup dedicated to simplifying insurance for small businesses. Previously, she launched the personal insurance team at NerdWallet, and helped create an innovative brokerage comparison product.Doug Rogers  is the president of Mr. Appliance  has been on the frontline of efforts at Dwyer Group ® to maximize the efficiency of its franchisees. He also focuses on continuously improving internal and external customer satisfaction. Doug joined Mr. Appliance in March 2004 as the vice president of operations and was named president of Mr. Appliance in June 2006 and president of ZorWare, also known as Z-Ware, in February 2007. Doug was twice awarded Outstanding Contributor at Whirlpool Corporation and was also awarded the Presidents Choice Award at Dwyer Group in 2007.Matt Stock  (@U SWaterpoofing) is a  third-generation family member in the basement waterproofing business, Matt began assisting his family in all things basements when he was 12 years old. He officially began working for U.S. Waterproofing as a teenager, learning the ropes and proving himself before officially taking the company reigns in 2014.Mark Welstead  (@RainbowIntl)  is the president of  Rainbow International  and is responsible for the overall leadership, initiative and growth of the thirty-year-old company, including sales and operational support. His previous roles include Chief Financial Officer, Board of Directors, and Vice President of Finance for several manufacturing, construction and service companies in the southwest. In addition to Mark’s corporate experience, he has also worked for a number of businesses on a management consultant basis. These include commercial roofing, commercial and residential HVAC, franchise pest control, warehousing, distribution and third party logisti cs, as well as small manufacturing startups. Mark earned his BBA in Accounting from Baylor University.

A Financial Audit on Walton Hi Tech Industries Limited - Free Essay Example

Sample details Pages: 8 Words: 2255 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Case study Level High school Did you like this example? Table of Contents Introduction of Walton Sources of Finance Internal Sources of Finance External Sources of Finance Financial Sources of Walton Internal Sources of Walton External Sources of Walton References . Don’t waste time! Our writers will create an original "A Financial Audit on Walton Hi Tech Industries Limited" essay for you Create order Introduction of Walton Walton Hi Tech Industries Limited started operating in Bangladesh from 1977. Today it is considered as one of the top manufacturing plant in Asia. It is the manufacturer of multi-staged electronics. Refrigerator, air conditioner, freezer, motorcycle, television, mobile phones, washing machine, microwave oven and several other electrical home appliances are their main product. Walton Hi Tech Industries Limited and their sister concerns have 12,000 employees and around 600 skilled engineers from abroad working for them. They also have a strong Research and Development division that comes up with new and innovative products. Walton also has their own Mould and Die making section and machineries from abroad. Walton maintains a strong Quality Control policy and has a Quality Control Division. Walton has several showrooms and outlets located all over the country. Walton has managed to capture a significant market share over the years because of their innovative and affordable produ cts. Sources of Finance Sources of finance mean different ways a business can attain money. The financial need of any business depends on the size and type of the business. Businesses can access financial resources from two main sources: Internal Sources From within the business External Sources From outside the business Internal Sources of Finance Owners Savings This money comes from the owners own savings. This can be in the form of start-up capital which is used when the business is starting up. It can also be in the form of additional capital which can be used for the expansion of the company. Advantages: No interest is required Does not have to be repaid to any one or any bank Owner will get all the profit made Disadvantages: Risk of unlimited liability There is a limited amount that an owner can invest Capital from profits A running business can use the profit made back in the business. This way more profit can be made in the future. The amount of profit that will be invested back in the business will depend on how much profit the owners want to keep for themselves. Advantages: No interest is required Profit will increase Does not have to be repaid to a bank or a person Money is available for growth of the company Disadvantages: Businesses might not make enough profit to put back in the business More taxes to pay Sale of fixed asset Many businesses have fixed assets that are of no use to them. Money can be made by selling off those fixed assets Advantages: No extra cost is needed since the item to be sold is already there Businesses liquidity will rise Disadvantages: Slow method to raise money Many businesses do not have surplus assets Working capital This is the money that is used to pay for the daily activities of a business. Daily activities include paying bills, rents, salaries, stationeries etc. This is the temporary source of finance that a business keeps. Working Capital is defined as: Working capital = current assets current liabilities Advantages: Sale of fixed asset In flow of money No debt or loan has to be taken Disadvantages: Less assets External Sources of Finance Bank Loan Banks offer different types of loan, commercial mortgages and business accounts based on a particular business. Interest has to be paid to the bank by the business. To get these loans the business will also have to show the bank some kind of security. Advantages: It is a good method for both short term and long term finance As the interest rate for repayment is given the business can plan ahead Large businesses can get lower interest rates Disadvantages: Small companies will be required to pay higher interest rates It can become expensive because of the interest rates Banks require security on the loan Hire Purchase This method allows a business to use resources and obtain assets without paying a big sum of money. Regular payments have to be made in order to do such thing. After all the payments have been made the asset belongs to the business. Advantages: After all the payments the business will have another asset Payments have to be made over a time which helps the business to use expensive items Business can use up to date equipment Disadvantages: This can be an expensive method Cannot have full ownership of asset unless all payments are cleared Businesses end up having to pay more because interest is added Businesses sometimes end up buying things they do not need Leasing This method allows businesses to use resources and assets by paying to use them whenever they need it. The businesses do not end up owning the goods at the end of any lease. Leasing is seen as renting an asset. Advantages: Payments have to be made over a time so large sum of money is not needed Businesses can use the equipment they need without having to buy it Disadvantages: Can turn out to be expensive The asset belongs to the finance company even after all the payments are made Share Issues Issuing shares is offering an ownership of the business. Most small companies issues shares when they become limited (ltd) from sole trader or partnership. These shares are not offered to be sold publicly but it is available close friends and family. When limited companies become public limited company (PLC) they can sell shares on the stock exchange. These shares can be sold many times at different price depending on the demand. Advantages: Allows a company to raise capital easily Selling shares prevent a company from taking debts or loans No interest is needed Disadvantages: Division of profits among new owners Shareholders become part of the company so the original owners lose some of their rights and control Building Societies Building societies offer loans, business accounts, mortgages and overdraft facilities with interest. Unlike taking a loan from a bank businesses will not have to show some security to get the loan. Advantages: It is a good method for both short term and long term finance As the interest rate for repayment is given the business can plan ahead No need of showing security Disadvantages: Have to pay interest Small businesses end up being in a lot of debt Venture Capitalist These people invest in risky ventures to get a share of the ownership. They have experience building companies and know their job very well. They provide capital for the business to expand and grow. Advantages: Brings expertise and wealth in a company The business does not have to repay the money Disadvantages: The process can become lengthy and complicated Loss of control Have to share profit with the new ventures Factoring Factoring is when another firm buys businesses debts. This way the business gets immediate money and the debt factoring company collects the debts and gets a cut for their service. Advantages: Instant cash which means there is money for growth of the business Does not require collateral Disadvantages: Loss of control Customers pay to the factoring company and not the business Friends or family Money can be borrowed from friends or family. This can be paid back in exchange of limited shares or in cash. This money can be obtained at a lower interest rate. Advantages: Lower interest rates More flexible repayment terms Disadvantages: People mistake this as informal transactions Personal arguments can come in the way Government grants This is a debt free financing offered by the government to new or established businesses. This gives businesses instant stability to expand their business. Advantages: Does not have to be repaid to the government Businesses will get many social benefits Disadvantages: These grants come with strict restrictions, as to where the company can use the money Many conditions apply in order to get these grants Not all businesses are eligible Financial Sources of Walton Walton Hi- Tech Industries Limited use both internal and external sources of finance. They are explained below. Internal Sources of Walton Capital from profits Walton uses the profit made back in the business. This way more profit can be made in the future. The amount of profit that will be invested back in the business will depend on how much profit the owners of Walton want to keep for themselves. Advantages: No interest is required Waltons profit will increase Walton does not have to repay to a bank or a person Money is available for the growth of Walton Disadvantages: Walton might not make enough profit to put back in the business Walton will have to pay more taxes Sale of fixed asset Walton is a big industry with extra assets that sometimes take up space rather than coming to use. These fixed assets are of no use to them. Walton is able to make extra money by selling off those fixed assets to businesses that need them. Advantages: No extra cost is needed by Walton since the item to be sold is already there Waltons liquidity will rise Disadvantages: Slow method to raise money Sometimes Walton does not have surplus assets to sell Working capital This is the money that is used to pay for the daily activities of Walton. Daily activities include paying bills, rents, salaries, stationeries etc. This is the temporary source of finance that Walton keeps. Working Capital is defined as: Working capital = current assets current liabilities Advantages: Sale of fixed asset that are of no use to Walton In flow of money No debt or loan has to be taken by Walton Disadvantages: Number of assets of Walton decreases External Sources of Walton Bank Loan Banks offer different types of loan, commercial mortgages and business accounts based on Waltonà ¢Ã¢â€š ¬Ã¢â€ž ¢s business. Interest has to be paid to the bank by the business. To get these loans Walton will also have to show the bank some kind of security. Advantages: It is a good method for both short term and long term finance As the interest rate for repayment is given Walton can plan ahead Large businesses like Walton can get lower interest rates Disadvantages: It can become expensive for Walton if the interest rates increases Banks require security on the loan from Walton Hire Purchase This method allows Walton to use resources and obtain assets without paying a big sum of money. Regular payments have to be made in order to do such thing. After all the payments have been made the asset belongs to Walton. These assets can be machineries needed to build products and cars to transport them to the outlets. Advantages: After all the payments Walton will have another asset Payments have to be made over a time which helps Walton to use expensive items Walton can use up to date equipment without spending too much Disadvantages: This can be an expensive method Walton cannot have full ownership of asset unless all payments are cleared Walton sometimes end up having to pay more because interest is added Leasing This method allows Walton to use resources and assets by paying to use them whenever they need it. The businesses do not end up owning the goods at the end of any lease. Leasing is seen as renting an asset. Advantages: Payments have to be made over a time so large sum of money is not needed by Walton Walton can use the equipment they need without having to buy it Disadvantages: Can turn out to be expensive The asset belongs to the finance company even after all the payments are made and not to Walton Share Issues Issuing shares is offering an ownership of the business. Walton sells shares on the stock exchange. These shares can be sold many times at different price depending on the demand. Advantages: Allows Walton to raise capital easily Selling shares prevent Walton from taking debts or loans No interest is needed Disadvantages: Division of profits among new owners Shareholders become part of Walton so the original owners lose some of their rights and control Factoring Factoring is when another firm buys businessesà ¢Ã¢â€š ¬Ã¢â€ž ¢ debts. This way Walton gets immediate money and the debt factoring company collects the debts and gets a cut for their service. Advantages: Instant cash which means there is more money for Walton Does not require collateral Disadvantages: Loss of control of Walton Customers pay to the factoring company and not to Walton Government grants This is a debt free financing offered by the government to new or established businesses. This gives Walton instant stability to expand their business. Advantages: Does not have to be repaid to the government Walton will get many social benefits Disadvantages: These grants come with strict restrictions, as to where Walton can use the money Many conditions apply in order to get these grants References Biz / ed. 2012. Biz/ed Introduction Sources of Finance | Biz/ed. [ONLINE] Available at: https://www.bized.co.uk/learn/accounting/financial/sources/index.htm. [Accessed 26 February 14] Facebook . 2011. Waltonbd. [ONLINE] Available at: https://www.facebook.com/Waltonbd. [Accessed 25 February 14]. Iowa State University. 2013. Types and Sources of Finance for Start-up Business | Ag Decision Maker. [ONLINE] Available at: https://www.extension.iastate.edu/agdm/wholefarm/html/c5-92.html. [Accessed 25 February 14] Walton. 2014. Walton at a Glance. [ONLINE] Available at: https://www.waltonbd.com/index.php?route=information/informationinformation_id=4. [Accessed 25 February 14] wikinut. 2009. Business: Source of Finance. [ONLINE] Available at: https://business.wikinut.com/Business%3A-Sources-of-Finance/jryqhksz/#Internal-Sources-of-finance. [Accessed 26 February 14]

D PSY 345 week three individual Essay example - 694 Words

University of Phoenix Material Visual System Worksheet Matching 1. ___L__ Bill perceived the cover of his book was red even though the light changed in the various rooms in which he read the book. 2. ___I__ Mary damaged her cerebral cortex and now perceives the world in black, white, and grey. 3. ___B__ Phyllis wears only various shades of purple. Her clothes are many different types of purple, but she only wears ___________ of purple. 4. ___C__ The shade of achromatic color stays the same regardless of how much sunlight is reflected. 5. ___G__ You go to a lecture and the topic seems to focus on blue-yellow and red-green perception of color. The lecture is likely discussing ______________. 6. ___E__ The afterimage is a red heart.†¦show more content†¦These organizing principles will determine how the elements in a scene will be grouped together..The role of the Gestalt principles in perceptual organization gives everyone the ability to see objects as continues, simple, similar, and proximity. Continuation allows the human brain to look at a coil of rope as one continuos rope and ropes that overlap each other as two separate strands of rope. If a person did not have the ability of continuation simple processes would take a lot longer while a person uncoiled the entire ropes to make sure that it was one continuos rope. Pragnanz gives a person the ability to look at something in a simplier form when there are more complex ways to look at it. Such is the case with the Olympic five circles, the prananz theory gives the human the ability to see it as five rings flowing together but the brain without the ability may look at it as nine different objects that did not h ave any flow or connection to them at all. Similarity is when similar items will appear to be grouped together. Grouping can occure when there are items that are of similar shape, size, or orientation. Proximity is very important on how the brain can group similar object together and how by changing the color of some objects will redirect the brain to a different patternization. Such is the case when a block of dots that are 7 high and 7 wide. If all of the dots are the same color the perception in the brain would group them in a horizontal pattern but onceShow MoreRelatedMasculinity in the Philippines12625 Words   |  51 Pagesis published by the Ateneo de Manila University. Contents may not be copied or sent via email or other means to multiple sites and posted to a listserv without the copyright holder’s written permission. Users may download and print articles for individual, noncommercial use only. However, unless prior permission has been obtained, you may not downlo ad an entire issue of a journal, or download multiple copies of articles. Please contact the publisher for any further use of this work at philstudies@admuRead MoreHuman Resources Management150900 Words   |  604 PagesAfter you have read this chapter, you should be able to: ââ€"  Identify four major HR challenges currently facing organizations and managers. List and define each of the seven major categories of HR activities. Identify the three different roles of HR management. Discuss the three dimensions associated with HR management as a strategic business contributor. Explain why HR professionals and operating managers must view HR management as an interface. Discuss why ethical issues and professionalism affectRead MoreMedicare Policy Analysis447966 Words   |  1792 PagesSubtitle C—Standards Guaranteeing Access to Essential Benefits Subtitle D—Additional Consumer Protections Subtitle E—Governance Subtitle F—Relation to Other Requirements; Miscellaneous TITLE III—HEALTH INSURANCE EXCHANGE AND RELATED PROVISIONS Subtitle A—Health Insurance Exchange Subtitle B—Public Health Insurance Option Subtitle C—Individual Affordability Credits TITLE IV—SHARED RESPONSIBILITY Subtitle A—Individual Responsibility Subtitle B—Employer Responsibility TITLE V—AMENDMENTS TO

Critical Thinking Assignment On Buddhism - 777 Words

Spencer Zindel 11/23/14 APOL 104 Professor Ross Critical Thinking Assignment Part One: Buddhism †¢ The Question of Origin- For Buddhist, the question of Origin is one that cannot be answered. Buddhist believe that there is no beginning or end of the world. Buddhist do not have an answer for the question of Origin. They simply accept that everything came to be just because. †¢ The Question of Identity- One big belief in Buddhism is reincarnation, which is the idea that you are given new life after you pass away. With reincarnation, you may be reborn many times. Buddhist believe that life cycle to be birth, living, death, and rebirth. Buddhist also believe in the concept of Nirvana, which is a state of freedom and liberation from suffering. †¢ The Question of Meaning/ Purpose- The main purpose in life for Buddhist is to end all suffering. The Buddha was said to have taught that humans suffer. The reason for humans suffering is because we continue to pursue things that will not have lasting happiness. A few of the things that humans continually try to pursue that do not give lasting happiness are material items, health, and friends. The Buddha did say that these things will give some happiness, but will eventually end and cause more sorrow. Buddha also had Four Truth’s: Suffering is life, desire causes suffering, to stop suffering you must first stop desire, stop desire with the Eightfold Path. †¢ The Question of Morality- Buddhist follow the Five Precepts for morality. The firstShow MoreRelatedApol 104 Critical Thinking Assignment Essay926 Words   |  4 PagesCritical Thinking Assignment APOL-104 June 25, 2012 Critical Thinking Assignment PART ONE: The Question of Origin In Buddhism, they do not teach nor do they believe that there is an all-powerful God that created the universe. They look to Buddha, the religion’s founder, for a model of how to behave. 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Organizational Policy and Strategic Management †MyAssignmenthelp

Question: Discuss about the Organizational Policy and Strategic Management. Answer: Introduction PepsiCo organization is one of the most effective organizations operating in the drinks and beverage industry. The organization has managed to achieve its current level of effectiveness through effective management strategies that its management has instituted throughout its operation since its establishment in the year 1965. Like all other organizations, therefore, PepsiCos success is associated with good management and leadership throughout the organization, which enables it to expand its operations beyond local boundaries and still manage to have success in its operations. Over time, a large number of organizations have made attempts to join the industry, but it has become extremely difficult for them to manage to compete with this organization in the industry and obtain a share of its already fully established market. An assessment of the many management aspects that have helped this organization achieve its level of effectiveness that it has achieved so far can help in determini ng the importance of effectiveness in organizational management. This assessment is carried out in this paper, which helps in understanding how effectively management strategies theories can be applied in practice. PepsiCo, Inc. is one of the most popular and highly ranked food and beverage companies in the world. It is based in the United States and was established in the year 1965 after two organizations, Pepsi-Cola Company and Frito-Lay, Inc. merged. Since this establishment, the organization has been developing significantly through expansion and acquisition of much other existing organization to the current level that it is today. The organizations main acquisition that significantly increased its revenue and general rank is the acquisition of Tropicana Products a fully known and popular organization which took place in the year 1998. An important aspect of this organization is the products that it stocks and sells to a large number of individuals over time. The first main brand which provides the organization with a large amount of revenue is the Pepsi Brand. This brand has a large number of drinks like the Pepsi drink among other products, and it provides more than 15 billion dollars in revenue for the organization. The Pepsi Brand is thus the main product that the organization offers to its customers. Other brands that are also important and contributes significantly to the gains of the organization is the Mountain Dew brand, Gatorade products obtained from the Tropicana acquisition and the Lays Potato chips products. These brands of the organization are the other brands that also provides a significantly large number of revenue for the organization. Having a significantly large number of products that it offers for purchase to its customers makes PepsiCo stores centers for attraction to all customers that seek refreshments or fast foods and thus due to this strategy the organization manage to achieve significantly high gains and loyal customers that only prefer its products to those of competitors. PepsiCo Company had managed to expand its operations to more than 200 countries by the year 2012. Its brand products in this year managed to generate revenue of more than one billion dollars per piece, an aspect that of significant success to the organization considered that it has a large number of brand pieces. The organization managed to obtain a general annual net revenue of 43.3 billion dollars. Considering the aspects of net revenues, therefore, this organization is the second largest food and Beverage Company in the world after the Coca-Cola Company. The organization distributes its products but also hires other licensed bottlers which help in distributing some of its products to ensure that time deadlines of company product deliveries are met. The organization had managed to employ about 274, 000 employees by the year 2013 (Bailey, 2014). Organizational corporate governance mechanism In PepsiCo, governance is one of the most important aspects that all individuals significantly value. Like all other organizations, it is headed by the CEO of the organization, Indra Nooyi, who has been its Boards chairperson and also the leader of the organization since the year 2006. After the CEO, the other important management body of the organization is the board of directors. The board makes significant contributions towards the making of important decisions of the organization. Although the organization selects the best and most qualified individual to become its leader, there is the belief that any leader requires guidance and that giving an absolute power of an organization to a single individual may not be the most appropriate action that any organization should take. Due to this reason, the main decisions of the PepsiCo organization are made by the board of directors, which is chaired by the CEO of the organization. This aspect makes the CEO of the organization the main or ganizational decision maker, whose power is also controlled by the board of directors (Steiss, 2003). The board of directors of PepsiCo organization, therefore, must consent for any major decision to be made in the organization. This aspect makes the management of the organization effective and easy since the burden of making decisions is not on only a single individual. Apart from the board of directors, there is also the immediate organizational management which consists of the organizational employees that are highly ranked in the organization. This is the section of the management that is tasked with the responsibility of establishing effective operational strategies of the organization since the strategies help the organization maintain its market share and competitiveness. The CEO of the organization also heads this section of the management. After this management obtains an appropriate opportunity that the organization should take, it then provides an explanation of that decision to the board of directors who vote towards the establishment and making of this effective decision in an appropriate manner. PepsiCo. The organization has been utilizing this form of management strategies to manage to achieve the success that it has achieved in its industry (Sherman, Rowley, Armandi, 2006). Sources of cost and differentiation advantage in the industry Cost and differentiation enable any organization to obtain a competitive advantage over its competitors. When the organization manages to differentiate its products to the extent that all individuals attain the ability to define an organizational product and differentiate it from the products of its competitors, that organization provides an opportunity for customers to prefer its products over those of the competitors. The other important step to consider, however, is ensuring that the newly obtained tastes and form of the differentiated products are preferred over those of the competitors. Pepsi utilizes its manufacturing and branding capabilities to differentiate its products from those of the competitors and also ensure that those products are preferred to those of the competitors (Choo, Bontis, 2002). The first main source of differentiation advantage for the PepsiCo organization is the fact that the organization manufactures some of its products. With the choice of manufacturing in place, the organization attains the ability to manufacture products according to its designs and ideas, which can be significantly different from what is offered in the market. Since the organization also embrace the use of technology for data analysis among other customer preference determining purposes, it can determine the tastes and preferences of customers and the rationale behind those decisions. This aspect makes the organization completely effective in the operations of providing to the market the products that majority of the customers are interested in purchasing compared to the products offered by its competitors. With this regard, the organization attains the ability to have a large number of loyal customers that only purchase its products (Sadler, 2003). The other main source of differentiation and cost advantage for the organization is its large revenue and number of investors, which gives it the ability to manufacture and handle products in bulk. Like the case of all other organizations, PepsiCo organization enjoys the advantage of making product products in bulk and thus it obtains the ability to offer significantly low prices compared to most of its competitors. The aspect of having products that are easily manufactured and those that can be offered to the market at significantly low prices attract both customers and organizational investors. With this regard, this advantage helps the organization to increase its effective operation and improve significantly. The foods and beverage industry is one of the most competitive industries that are in existence. Even being the second largest company operating in this industry in the world, Pepsi still faces stiff competition from its main competitor, The Coca-Cola Company, and other local organizations in the countries where it operates. The Coca-Cola Company is currently the leading organization in this industry by revenue. This provides the organization with more resources and capability to implement many strategies of operation, which makes it a significant competitor for the organization. One of the main ways through which Pepsi utilizes in competing with Coca-Cola is through differentiation of operations and improvement of service delivery. This strategy is highly effective because customers prefer the organizations that provide them with high-quality services and also provides them with their tastes and preferences in the tastes offered (DB Hoovers, 2017). Apart from Coca-Cola Company, Pepsi also face competition from many other organizations in some of the regions where it operates, with majority of these other competitors being local companies of different regions. The aspect of being a local company makes the organizations have more advantages of operation, thus increasing their competitiveness towards PepsiCo. A strength that Pepsi have over these other competitors, however, is its large revenue and financial capabilities and effective operational strategies that are considered much better compared to the local companies. The brand name of the organization is also the other major aspect that majority of the organizations aim to have nut it becomes extremely difficult for them to manage to achieve a similar level of effectiveness like the organization. With these two main aspects, Pepsi still manages to remain significantly competitive even in these other regions where a large number of organizations operate. (CSIMarket, 2017). From this diagram, it is clear that the organization has managed to achieve a significantly large market share which enables it to be considered among the best organizations operating in this industry. The Coca-Cola Company has the largest market share thus making it the largest competitor of the organization. To increase profitability and gains, therefore, PepsiCo requires formulating operational strategies that will enable it to manage to implement effectiveness of operation and improve its competitiveness over that of the Coca-Cola Company. The organization should also aim to attain improvements to remain significantly ahead of the rest of the competitors in this industry, an aspect that will help in ensuring that it remains completely effective and capable of operating in an appropriate manner (Heracleous, 2003). Value chain analysis to identify sources of competitive advantage The value chain of an organization refers to the process of analyzing the means through which an organization manage to deliver value to its customers. For PepsiCo organization, the value chain is significantly large since it is to it that the organization has managed to implement effectiveness in an appropriate manner. To begin with, the organization begins its value provision process by the manufacturing of majority of the products that it offers. The manufacturing process is first determined by the management, which defines the product to be manufactured and the means through which it will be manufactured. This manufacturing aspect provides the organization with an opportunity to obtain a competitive advantage since it is in this section that it defines the tastes and preferences of the products in production. Tastes and preference of the product significantly define the number of customers who will willingly purchase the products at hand and the means through which they will init iate this purchase. After the management initiates this process, the next main process is the activity of packaging and branding the manufactured products. The process of packaging and branding simply ensures that the products obtain the brand of the organization thus giving them the opportunity to be associated with the strong brand of the organization. The other important value chain aspect is product distribution. PepsiCo utilizes organizational resources for the process of transportation and also considers hiring other transportation methods to meet its transportation and distribution objectives. An improvement in this area has the potential of giving the organization a cost competitive advantage. Distribution is one of the areas that the organization spends a large sum of money in. With this regard, an assessment of whether the organizational transportation or the hired transportation is more cost effective should be made, and then the organization should adopt one method that is considered to be m uch better. By so doing, this value aspect could help in ensuring that the organization obtains another competitive advantage (Durand, 2006). After the products have been transported to the organizations storage units and market stores, the other important step is sales and marketing of the products. In this section, the organization also managed to obtain a competitive advantage. When there is effective marketing of products and sales are carried out effectively, all organizations manage to make effective sales. When a group of organizations is competing, therefore, the organization with the most effective marketing and sales strategies, therefore, manage to make the most sales. From the strong brand that PepsiCo has already managed to establish, it is clear that it has been utilizing effective marketing strategies which makes it among the best in its operations. The other important aspect of consideration with this organization is its ability to have loyal customers. This group of customers helps organizations manage to have a regular amount of income since they only purchase from its products on a regular basis. With th is regard, therefore, the organization can obtain a competitive advantage in almost all its value chain aspects. VIRO analysis on sources of the competitive advantage A VIRO analysis seeks to answer four main questions regarding the organizational resources. The first question is whether the organizational resources are valuable. The other question is whether these resources are rare and the other whether they are costly to imitate. The last question is whether the setting and organizing of the organization are capture the value of these resources. For the aspect of valuableness of the resources, to begin with, it is clear from the high ranking and revenue of PepsiCo that its resources are significantly valuable. It is extremely difficult for any starting firm to obtain such highly valued resources. For the question of whether the resources are rare, PepsiCo resources and strategies are extremely difficult for any other organization to obtain easily. The organization began as a significantly small store, which utilized these aspects of development for improvement. Currently, a large number of organizations begin with even more resources but still do not manage to achieve the level of effectiveness that PepsiCo has already achieved. With this regard, therefore, the organizations resources are rare for any organization to obtain easily. Imitation is another aspect that is extremely difficult for other organization to manage. To imitate the products that Pepsi manufactures, these other organizations require having equal or more resources for the manufacturing process and strategies which the organization utilizes to successfully manufacture its products. While the strategies may easily be obtained, it is extremely difficult to obtain similar resources and financial capability to imitate the operations of the organization. The setting of the organization, being the last main query of the VIRO analysis is an important aspect to consider. To begin with, the organizations setting has been shaped by the operations that it involves in and the current level of operation that is associated with. With this understanding, therefore, it is clear that the setting of the organization is organized in a manner through which it can fully capture the value of its resources (Morning Star, 2017). Recommendations on strategies of increasing competitiveness Like all other organizations, the establishment of a certain number of improvement strategies could help PepsiCo improve its competitiveness and market share, an aspect that is considered beneficial to both the organization and its investors. The first recommendation of improvement is to establish a brainstorming and innovation program in the organization for its employees through which they will provide their improvement ideas on how the organization can increase its competitiveness. This program will encourage employees to provide the organization with their ideas, and thus as their motivation of work increases, the organization will also increase chances of increasing effectiveness from ideas by its employees. The other important recommendation for the organization to expand further and penetrate other markets, to increase its market share and customers targeted, an aspect that will significantly increase the number of sales that it manages to make over time. This aspect will be s ignificantly beneficial and appropriate for a large number of individuals (Higgins, 1979). Conclusion PepsiCo is one of the most effective organizations operating in the food and beverage industry. This organization can retain the effectiveness of operation and ensure that all individuals remain completely capable of operating effectively over time. The organization, however still faces a large number of challenges in its operations, which makes it limited in the gains that it obtains and still maintains it as the second largest organization in its industry. Implementation of some management strategies can, however, help this organization to manage improving its position and even become the leading organization revenue and market share in this region. An example of such a recommendation is a further expansion to many other unpenetrated markets which will increase its sales and gains. An improvement of management strategies is thus the main goal that the organization has, which can help in its general improvement (Cattani, 2011). References Forbes, (2012). Earnings Preview: PepsiCo: Forbes. Retrieved from https://www.forbes.com/sites/narrativescience/2012/04/23/forbes-earnings-preview-pepsico-2/#7b81d5e72377 Morning Star, (2017). PepsiCo Inc PEP Morningstar Rating: Morning Star. Retrieved from https://financials.morningstar.com/competitors/industry-peer.action?t=PEP DB Hoovers, (2017). PEPSICO, INC. Competition: DB Hoovers. Retrieved from https://www.hoovers.com/company-information/cs/competition.PEPSICO_INC.181bc9ec322b6dc0.html Bailey, S. (2014). PepsiCo: A company overview: Market Realist. Retrieved from https://marketrealist.com/2014/12/pepsico-company-overview/ CSIMarket, (2017). Pepsico Inc's Comment on Competitors and Industry Peers: CSIMarket. Retrieved from https://csimarket.com/stocks/compet_glance.php?code=PEP Cattani, G. (2011).Project-based organizing and strategic management. Bingley, U.K: Emerald. Choo, C. Bontis, N. (2002).The strategic management of intellectual capital and organizational knowledge. Oxford New York: Oxford University Press. Cleland, D. (1996).Strategic management of teams. New York: Wiley. Durand, R. (2006).Organizational evolution and strategic management. London Thousand Oaks, Calif: SAGE. Heracleous, L. (2003).Strategy and organization : realizing strategic management. Cambridge New York: Cambridge University Press. Higgins, J. (1979).Organizational policy and strategic management : text and cases. Hinsdale, Ill: Dryden Press. Sadler, P. (2003).Strategic management. Sterling, VA: Kogan Page. Sherman, H., Rowley, D. Armandi, B. (2006).Strategic management : an organization change approach. Lanham, MD: University Press of America. Steiss, A. (2003).Strategic management for public and nonprofit organizations. New York: Marcel Dekker. Wit. Meyer, R. (2010).Strategy : process, content, context ; an international perspective. Andover, Hampshire: Cengage Learning.