Saturday, February 29, 2020
Activities for Building Student Character
Today, it is a topic to include character education in educational programs. According to Jakarta Post (May 22, 2009), character building is a missing link in the Indonesian curriculum. Among them, it is pointed out that the Indonesian curriculum focusing on students who passed the national exam had forgotten the core of education; this seems to grow people physically, academically, and spiritually It is to educate. Ironically, Indonesia is a country that can win the International Science Olympic Gold Award and is one of the most corrupt countries in the world (Wisnu, 2009). The framework of role construction such as six pillars developed by the Josephson Institute of Ethics will lead us to when to consider the role of students. The six pillars are based on several key criteria that allow trusted, respectful, responsible, fair, considerate, and citizenship, and that the students theoretically fully develop I will cover it. One thing is certainly the subject of school personality educ ation and student response, they will face exam questions, it is necessary Character construction will also occupy an important position. Textbooks are rewritten to create personality, nationalism, patriotism. All the students feel like Indians, and finally Indians. They are engaged in constructive activities and are asked to build a new India without poverty, dirt, and drowsiness. Sports and cultural activities are strongly encouraged. Athletes are caught young and receive intensive training to bring fair names to the country at various international conferences The paper If I become Prime Minister of India is 10th grade, 12th grade, and graduation class. Build a personality: If everything is constrained, students can not learn to think about themselves. However, we know that critical and creative thinking is an important skill in the modern knowledge economy. Students need to participate in practical activities, communicate with their colleagues, learn to cooperate, and raise citi zen's awareness. Paying excessive attention to preparing for exams may harm students and teachers. It leaves us a system that teacher's grades are based on the ability to pass a series of standard tests, not based on the actual student's grades. However, the modern working environment has little to do with standardized testing. It requires students to be effective communicators, creative problem solvers, and agile thinkers.
Thursday, February 13, 2020
Reflection paper Essay Example | Topics and Well Written Essays - 750 words - 16
Reflection paper - Essay Example the two are similar to those proposed by many other Americans such as Booker T Washington and Du Bois among others who develop unique philosophies through which they thought would change the lives of the African American minorities in their times. The history of the United States is characterized with a period of slavery succeeded with one of intense racial discrimination. During both periods, the African American minority faced numerous predicaments owing to the lowly state in the society. Even after the emancipation of slaves, the freed African Americans faced intense discrimination coupled with general disadvantaged position owing to their lack of education among other fundamental rights and privileges. As such, different iconic African Americans worked with non-governmental organizations among other types of platform to fight for the rights of the population with the view to improving the standards of the population in the country. Key among such individuals were William Edward Burghardt Duà Bois and Booker Taliaferro Washington both of whom fronted different ideas in their attempt to finding a lasting solution to the problems the African minority groups faced in the country. The two were among the few African Americans who received quality education thus becoming philosophers. As such, they fronted specific philosophies they believed would help African Americans improve their living standards in the society. The two iconic black philosophers lived in different times and locations a feature that influenced their ideologies. The two fronted different philosophies in their attempt to free the blacks from the various forms of social oppression. Booker T. Washington was born of slave parents. As such, he worked hard to become one of the earliest educated African Americans in the country. He faced renewed discrimination of the African Americans owing to the formulation and implementation of the Jim Crow discriminatory laws. W. E. B. Duà Bois on the other hand was
Saturday, February 1, 2020
What are Financial Statements Essay Example | Topics and Well Written Essays - 750 words
What are Financial Statements - Essay Example The main objective of financial reporting is to transfer the information, whether qualitative or quantitative, about a certain business to others who are interested in investing. Financial reporting provides financial information regarding the corporationââ¬â¢s capital investors, creditors and lenders who have to make decisions on their ability as capital providers. It is as a summary of the performance, or capability, in increasing, managing, and utilization of the capital by an entity. Financial reporting is represented by four types of financial statements which show the companyââ¬â¢s financial position. These financial statements are quite exacting and provide a quantitative overview of the companyââ¬â¢s financial health. The balance sheet represents the financial situation of a company by giving the assets, liabilities, and owners equity at a particular point in time or it points outs the company's net worth. Assets are economic benefits held a company due to its past transactions. Secondly, liabilities are the debts and obligations that a company had because if the companyââ¬â¢s past transactions. The income statement, also known as the profit and loss statement shows the companyââ¬â¢s net profit or loss during a given period of time by reporting the companyââ¬â¢s earning to its investors. The third statement, the statement of cash flow reports the cash flow for the operating, financing and investing activities. Lastly, the statement of retained earnings reports the changes in the retained earnings of the company. Financial statements also include notes which give supplementary information about the companyââ¬â¢s financial situation by describing the principles used in the accounting format, the explanation of the information in the statements or some other explanation that is not part of the statement.à Financial statements also help in the calculation of the financial ratios which are used to assess and estimate the financial situation of the company and these also of assistance in analyzing the statements themselves.à Ã
Friday, January 24, 2020
What Is a Gold-Collar Worker? :: Workforce Work Papers
What Is a Gold-Collar Worker? A Higher Level of Knowledge Work. Kelley (1990) described an old distinction that divided the work force into blue-collar and white-collar workers. Blue-collar workers typically did manual labor in a factory for hourly pay, whereas white-collar workers did knowledge work in an office on salary. However, changes in the nature of work and the workplace have led to large growth in the numbers of a particular kind of knowledge workerââ¬âthe gold-collar worker, whose most valuable assets are problem-solving abilities, creativity, talent, and intelligence; who performs nonrepetitive and complex work that is difficult to evaluate; and who prefers self-management. The gold-collar worker is, for example, the computer engineer as opposed to a lower-level knowledge worker such as an input operator. Kelley pointed out that even though the name is new, there have always been gold-collar workers like designers, researchers, analysts, engineers, and lawyers. Learning, Teams, and Strategic Thinking. Wood (2001) characterized gold-collar workers in information technology (IT) similarly by focusing on qualitative matters. Gold-collar IT workers learn continually from experience. They recognize the synergy of teams and can demonstrate leadership; they are strategic thinkers who see the big picture and can change strategic directions when necessary. They have a portable, flexible skill base relevant to a variety of work environments and maintain that skill base through their own personal development, with well-connected networks of contacts at the leading edge. Interdisciplinary Knowledge. Where business and science intersect, the basic focus of the gold-collar worker is interdisciplinary knowledge and experience (Bartlett 1998; Todaro 2001; Van Nierop and Bow 1997). This interdisciplinary focus combines scientific or other technical knowledge and skills with business literacy to result in a gold-collar worker with expertise across several areas. Gold-collar engineers, chemists, biologists, physicists, or geoscientists understand the relationship between their scientific discipline and business, have the management and financial knowledge needed for a business environment, and can "marry" science and entrepreneurship. Other Characterizations. Roe (2001) called the gold-collar worker "a highly skilled multidisciplinarian who combines the mind of the white-collar worker with the hands of the blue-collar employee" (p. 32); examples include aircraft systems maintenance technicians, network administrators, and advanced manufacturing technicians. A similar case would be online customer service representatives (CSRs), for whom managing customer relationships now involves not only oral communication but also text-based Internet chat and e-mail about tough questions not answered in frequently asked questions or canned e-mail responses (Dicksteen 2001).
Thursday, January 16, 2020
Schizophrenia and B. Axis I.
Your professor asks you on what axis diabetes would fall under. You answer: A. Axis II. B. Axis I. C. Axis III. ** D. Axis V. 2. Brian often interrupts his teacher while she is speaking and frequently forgets to complete his homework assignments. He also has difficulty taking turns in playground games with classmates. Brian most clearly exhibits symptoms of: A. obsessive-compulsive disorder. B. psychosis. C. attention-deficit hyperactivity disorder. ** D. anxiety disorder. 3.Gena believes that people with psychological disorders are suffering from diseases that have physical causes that can be diagnosed, treated, and sometimes even cured. Gena believes in the _____________ model of psychological disorders. A. medical** B. humanistic C. psychoanalytic D. biopsychosocial 4. If you have an intense fear of speaking in public, eating out, or going to parties, you may be suffering from: A. generalized anxiety disorder. B. dysthymic disorder. C. obsessive-compulsive disorder. D. social phob ia. ** 5. Thirty-five-year-old Lucy needs to have her blood taken.She is so distraught by this that she must mentally prepare herself for it as well as take a short-acting sedative. Lucy seems to be suffering from a(n): A. dissociative disorder. B. phobia. ** C. major depressive disorder. D. low self-esteem. 6. Lenore is continually tense and plagued by muscle tension, sleeplessness, and an inability to concentrate. Lenore most likely suffers from a(n): A. generalized anxiety disorder. ** B. phobia. C. dysthymic disorder. D. obsessive-compulsive disorder. 7. Depression is: A. more commonly suffered by men than women. B. less common than dissociative disorders.C. more common than phobias. D. the number one reason people seek mental health services. ** 8. Amanda blames herself for her recent job loss. Her therapist suggests that her depression results from this self-blame, rather than blame of the slumping economy. Her therapist's suggestion best illustrates a: A. social-cognitive per spective. B. DSM-IV-TR diagnosis. C. linkage analysis. D. medical model. 9. In the United States, there are ___________ suicides annually. A. 50,000 B. 20,000 C. 30,000** D. 40,000 10. One of the hallmarks of schizophrenia is disorganized thinking.Theorists suggest that people with such disorganized thoughts have: A. increased working memory capacity. B. low levels of dopamine. C. a breakdown in selective attention. D. increased selective attention. 11. The relationship between the season in which people are born and their subsequent risk of schizophrenia best highlights the role of ____________ in this disorder. A. learned helplessness B. oxygen deprivation C. viral infections D. glutamate receptors 12. Victor's mother is frustrated because she cannot get Victor involved in any activities.Although he has been diagnosed with schizophrenia, she still expects him to do things around the house. But, most days he sits in a chair, with no expression on his face. His absence of appropriat e behavior is known as: A. delusional thinking. B. positive symptoms. C. negative symptoms. D. disordered thinking. 13. _____________ are characterized by inflexible and enduring maladaptive character traits that impair social functioning. A. Neurotic disorders B. Mood disorders C. Personality disorders D. Psychotic disorders 14. Stacy has to be the life of the party.She wears revealing clothing, even around her married friends' husbands. This behavior has upset a number of her friends, especially when one of their boyfriends asked her out. On any given weekend, Stacy can be seen at a club dancing on a table or in the laps of various men. Stacy would be considered to have a: A. borderline personality disorder. B. schizoid personality disorder. C. narcissistic personality disorder. D. histrionic personality disorder. 15. PET scans illustrate reduced activation in the ____________ lobes of a murderer's cortex. A. parietal B. occipital C. frontal**p. 629 D. temporal
Tuesday, January 7, 2020
Book Review - 1441 Words
BOOK REVIEW COMPANY COMMAND THE BOTTOM LINE BY: JOHN G. MEYER,JR. IG ASSESSOR STUDENT OFFICER LT ABHISHEK SHARMA YOââ¬â¢S FD-1606 ââ¬ËBââ¬â¢ TP CONTENTS 1. Introduction 2. About the author 3. About the book 4. Quality of presentation 5. Relevance in our context 6. Conclusion INTRODUCTION 1. He wrote this book to help lighten the load of one of the most overworked soldiers in the US Army ââ¬â THEâ⬠¦show more contentâ⬠¦7. Although written by an Army Officer primarily for Army Company Commanders, this book has considerable information, suggestions and in sights that are directly applicable to other services. 8. Indeed there is much in it that first line supervisors in non military organizations will find easily adaptable to their situations. 9. GRAY AREAS (A) Overall the book is well written, and has a lot of good information, but it tries to find that elusive gap between a very detailed how-to book (which will inevitably date) and a more philosophical tome which provides few useful details which can be put in the practice immediatel. Alas, it falls short of this goal and does not provide much of either. (B) In addition, Company Command: The Bottom Line, has a somewhat moral high-mindedness to it which seems to ignore a lot of the realities in the Army. Thinking that all of us who take the guidon and assume command would like to be just, fair, never faltering moral beacons who always make the right decision regardless of the consequences, but the sad reality of the Army today is that we are given way, way, way tooShow MoreRelatedBook Review : A Review Of A Book Review1431 Words à |à 6 Pages Book reviews are just that: a review of a book. They can be used for news articles, blogs, or academic journals. 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Monday, December 30, 2019
Study On The Us Stores Takeover Of Morrisons Finance Essay - Free Essay Example
Sample details Pages: 6 Words: 1720 Downloads: 8 Date added: 2017/06/26 Category Business Essay Type Research paper Did you like this example? The US Stores market performance is unsatisfied. The share price and P/E ratio of the firm have been dropping. The company intends to carry out a strategy to expand world-wide markets by acquiring a major UK retailer. Donââ¬â¢t waste time! Our writers will create an original "Study On The Us Stores Takeover Of Morrisons Finance Essay" essay for you Create order Merger and acquisition is one of the approaches to achieve the corporate strategies, such as expanse the market share and proportion of products. In this takeover proposal, the motives for US Stores takeover are investigated from different aspects. The fair valuation of quasi-acquired company is evaluated to determine the maximum offer price. Finally, the proposal investigates the corporate takeover bids and methods of payment. Introduction The US Stores market performance is not satisfactory. The share price and P/E ratio of the firm have been dropping. The corporate strategy is to expand world-wide markets by acquiring a major UK retailer. Merger and acquisition is one of the approaches to achieve corporate strategies, such as expanse the market share and proportion of products. Other strategies, such as organic growth, establishment of joint ventures, and co-alliance, among which I suggest MA, because it provides an economic way to entry the European market and acquisition activity is a efficient growth mechanism in the retail industry. One major UK retailer has been chosen as the target company, considering the following reasons: 1) from the global perspective, British retailers generally have moderate or small size; 2) ownership and management are concentrated; 3) domestic market oriented; and 4) excellent cash earning ability. This takeover proposal is structured as below. Section 2 refers to the motives f or US Stores takeover. Section 3 describes the valuation of a quasi-acquired company. Finally, section 4 investigates the corporate takeover bids and methods of payment. Motivation The scale of cross-border merger is growing significantly during the 1990s, which aided by globalization and deregulation in the last two decades. By summarizing the previous literatures, Berkovitch and Narayanan (1993) category plenty of hypotheses into three major groups: the synergy motive, the agency motive, and hubris motives. Besides, the motivation of cross-border merger in retail industry has its own characteristics. 1) Synergies The primary motivation in taking over UK retailer is to achieve synergies. It is defined as the reactions that take place when two elements combine together to produce a more significant effect than the sum of the effects of two parts (Gaughan, 2007).An empirical investigation made by Berkovitch and Narayanan (1993) summarizes that the synergy motive suggests that takeovers occur because of economic gains that result by merging the resources of the two firms. Friedrich Trauiwein (1990) proposes an efficiency theory, which suggests that shareholders of the bidder will benefit from MA through synergies. It is believed that US Stores takeover project will enhance its operating and financial economies of scale and increase its market shares and market image. 2) Market Extension Taking over a firm in the same industry will result in an increase in its market share and consequently have a crucial impact on the bidders market power (Gaughan, 2007). Robert S. Stillman (1983) argues that, according to a more concentrated industry, the product prices may raise after horizontal mergers, which brings about an increase of bidders equity values. Consequently, the firms share value in the affected industry will increase. Trauiweins monopoly theory defines mergers and acquisition as being executed and projected to obtain a market power. According to this theory, the US Stores Inc can aim at simultaneously limiting competition in more than one market. The prospects of US Stores growth opportunity in North America is unoptimistic, and takeover a major UK retailer which can provide an efficient entry to European retail market and the chance of expanding its global market power is an sensible corporate growth strategy . 3) Growth US Stores takes a strategy to expand its economic scale for the purpose of business growth. Expansion through MA is more efficient than internal organic growth. Merger and acquisition, which compared with internal organic growth, is a convenient way to control the trend of market production and consumption. MA is a very ordinary characteristic of modern business activity and MA form a primary motive force for the growth of firms (Michael Firth, 1979). 4) Management Motives Cross-border takeover creates numbers of new business opportunities (Healy et al. 1990, 23) and make the entrance to world-wide markets an easy way (Black, Carnes and Jandik, 2001). In addition, cross-border takeovers gain a effect on reputation enhancement, cost reduction, value maximization, earnings volatility reduction, and international diversification. Valuation The Selection of Target Company Wm Morrison Supermarkets plc is the fourth largest chain of supermarkets in the United Kingdom. Morrisons market share is at 11.8%. We choose Morrisons as our Target Company, rather than Sainsbury plc or Marks and Spencer plc, according to the following factors: First, Under-leveraged companies are attractive targets since the bidder can issue debt to finance its takeover. Shown from the table below, the D/E ratio of Sainsbury and MS is 129% and 258% separately, which is significantly higher than Morrisons. The Sainsbury pension fund is a big liability, which will prevent Sainsbury from being acquired to some extent. Secondly, companies which have adequate amounts of cash and liquid assets will be potential takeover targets, because the bidder can payoff its costs with the target companys liquid assets once obtain the control power. According to the of Morrisons annual report and financial statement, the cash from operating activities increased by à £208m (24%) which refl ects the strong profit generation of the Group from increased turnover and good profit conversion, combined with cost control throughout the business and improved working capital management. Thirdly, the P/E ratio of Morrisons is lower than industry average P/E ratio. The EPS will increase if a company with higher P/E ratio takes over a company whose P/E ratio is lower. Fourthly, firms can be successfully acquired if they have a higher proportion of institutional shareholdings. The proportion of Morrisons private shareholders is much less than institutional shareholders. Assumption Beta: Assume Morrisons beta is 0.737, provided by Bloomberg web site, is reasonable. Bond price: Using Safeways bond yield as Morrisons bond price, which is 4.2%. The interest rate on 10-year government bond is 4.05%. Using CAMP to calculate Morrisons cost of equity. Taking 10-year government bond interest rate as risk-free rate. Assume that the market rate of return is 10.3%. According to Ibbotson Associates, the SP has returned an average of 10.3 percent a year. WACC: Using the the total market value of share capital as Morrisons total equity and market value of debt as total debt when calculate the cost of capital. Growth rate: Assume Morrisons growth rate is in line with 10-year government bond interest rate. When calculate the value of the firm, the cost of capital is the WACC. Assume that the FCF will grow at a constant rate. If US stores Inc purchases Morrisons, Morrisons sales will increase 2% per year faster than 4% for the next 5 years. Due to cost-saving s ynergies, the CoGS ratio will be reduced by 1% perpetually. Capex: the capital expenditure of 2009 is à £678m, which is much higher than its historical average level. Assume the capital expenditure is the average of recent three years. Capital expenditure = (à £678 m + à £410 m +à £269 m) / 3 = à £425 m Taking the motivation for US Stores takeover, Morrisons corporate governance structure, and the side effects of hostile takeover into consideration, agreed bid is suggested. If the takeover of Morrisons fails to agree, the bidder should then go directly to the targets shareholders. In this case, a hostile takeover is going to be carried out. The market value of Morrisons is Ãâà ¿Ãâà ¡7825.972 m, the maximum premium on pre-bid price is 20%, and the maximum price US Stores willing to pay is Ãâà ¿Ãâà ¡9.391.166 m. There are five reasons to determine that friendly bid should be our choice: 1. The fair value of the firm plus the synergies is à £8519 m, which is not much higher than market value. The premium that range from 25% to 45% paid for a hostile takeover will offset the synergies. In this case, the long-term performance of the bidder will be affected by the value-decreasing. Signal effect: security offer and cash offer have different signaling implications. Literature on share-for-share offer shows a negative stock price reaction to new common stock offerings. Nickolaos G. Travlos (1987) show his result of an empirical study, which indicate that bidding firms suffer significant losses in pure stock exchange acquisitions, but they obtain normal returns in cash offers. According to Myers and Majluf model, the market participants regard a cash offer as good news and a share-for-share offer as bad news about the bidding firms fair value. Faccio and Masulis (2005) argue that when a security offer is made, the market interprets it as a signal that the shares are overvalued. In that case, the share price will drop. Announce ment effect: Similar to signal effect, security offer is associated with negative price movement after the announcement (Faccio and Masulis, 2005). Security offers become less attractive to US Stores as P/E ratio will drop down (Nickolaos G. Travlos, 1987). Cash offer is chosen as payment method and there will bring an increase in price-earnings ratios. Petzemas (2008) finds that cash payment acquisitions usually outperform stock payment acquisitions. The difficulties US Stores Inc faces are that the earnings are held up well, but the share price and P/E ratio have been dropping constantly. And the market prospect is not optimistic. In this situation, the cash offer signals a high valuation of the corporation (Fishman, 1989). In order to enhance its market share price and P/E ratio, the US Stores Inc is proposed to purchase by cash. Long-term Performance studied by Loughran and Vijh shows that thecash offer gains a positive long-term return and shares offer gains a negative ab normal return. The US Stores Inc cross-border acquisition is proposed for the following motivations: taking over UK retailer to achieve synergies; increase its market share and market power; for the purpose of business growth; and other management motivations. US Stores Inc choose Morrisons as its target among Sainsbury and MS by evaluating its leverage, assets liquidity and composition of shareholders. And valuate its cost of capital, fair value and synergy value. Taking the motivation for US Stores takeover, Morrisons corporate governance, and the side effects of hostile takeover into consideration, agreed bid is suggested. And depend on the bidders purpose and financial position, the target shareholders preference and market perceptions, payment in cash should be an appropriate method.
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