...Much of life results from choices we make. How we meet every circumstance, and also how we allow those circumstances to affect us dictates our life. In Anton Chekhov’s “The Lady With the Little Dog," we are given a chance to take a look inside two characters not unlike ourselves. As we are given insight into these two people, their character and nature unfolds, presenting us with people we can relate to. Even if we fail to grasp the fullness of a feeling or circumstance, we are still touched on our own level, evidencing the brilliance of Chekhov’s writing. In the exposition of the story, Chekhov immediately delves into his character generation, introducing us to both Anna Sergeevna and Dmitri Gurov, the main players in the story. He also gives us a physical description of Anna, as well as a beginning presentation of Dmitri’s character. Of Anna, Chekhov writes, “…a young woman, not very tall, blond, in a beret, walking along the embankment; behind her ran a white spitz” (Chekhov 144). Of Dmitri he comments, “Gurov, who had already spent two weeks in Yalta…began to take an interest in new faces” (Chekhov 144). Chekhov immediately offers a feel for how each character will shape up to be, and presents a chance for us (the reader) to attach ourselves to these perhaps not-so-unique individuals. Without further ado, Chekhov expounds on his initial description of Dmitri through the next five paragraphs. We learn that he is almost forty, has three children and a wife, but that...
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...Executive Summary This report contains the strategic audit of McDonald’s. The instruments use the external and internal aspects to analysis the opportunities, threats, strengths and weaknesses (SWOT analysis and SWOT matrix). Analysis of the company's position has been undertaken different technology models have also been applied in to undertake the analysis of the technology practices in the company. In the end suggestions and recommendations are presented in to improve the competitive position of the company. The analysis of external environment includes three threats and three opportunities. The opportunities included global expansion, the trend of healthier eating, and the growing market for coffee drinks. The three threats came from social activists, the large amount of competition, and the unhealthy food image in the eyes of the public. The analysis of internal environment includes three strengths, which are which are global expansion, specializing training and efficiency of the top management; two weaknesses which are exploited workers and damaging the environment. McDonald’s corporation had four strategies include expand the coffee market domestically, as well as internationally; develop more eco-friendly methods of operating; develop a method to choose where to locate new stores; expand the healthier food options on their menu. Introduction McDonald's Corporation is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers...
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...Finance Project On Evaluation OF Consumer Durable Firms Sumbitted By:(Section c) Team Members gazal gupta Varun Bansal TABLE OF CONTENTS * OVERVIEW * CALCULATIONS * WORKING * CONCLUSION Consumer Durables Overview of India’s Consumer Durables Market The Indian consumer durables segment can be segregated into consumer electronics (TVs, VCD players and audio systems etc.) and consumer appliances (also known as white goods) like refrigerators, washing machines, air conditioners (A/Cs), microwave ovens, vacuum cleaners and dishwashers. Most of the segments in this sector are characterized by intense competition, emergence of new companies (especially MNCs) and introduction of state-of-the-art models, price discounts and exchange schemes. MNCs continue to dominate the Indian consumer durable segment, which is apparent from the fact that these companies command more than 65 per cent market share in the colour television (CTV) segment. In consonance with the global trend, over the years, demand for consumer durables has increased with rising income levels, double-income families, changing lifestyles, availability of credit, increasing consumer awareness and introduction of new models. Products like air conditioners are no longer perceived as luxury products. Companies under Evaluation:- * Bajaj Electricals * HCL info Systems ltd * TTK Prestige Ltd * Value Industries Ltd * Voltas Ltd Calculations Calculation...
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...Critical Analysis of a Research Paper Towards an integrated contingency framework for MAS sophistication Case studies on the scope of accounting instruments in Dutch power and gas companies By Sandra Tillema Title The title suggests that the article will give guidance towards a contingency framework for MAS sophistication. The Contingency framework states that there is no one right way to manage an organisation, so the part “towards integrated [...] framework” with the word “contingency” seems like a paradox. We feel that we might not have chosen this article if we were looking at the title only because it seemingly contradicts itself. The group agreed that the title is quite long. We have analysed it by defining the main words of which we used the Macmillan Dictionary (2002) (See appendix B). After understanding the words and theory explanation, the title became quite easy to understand. Abstract and Introduction We feel that the abstract provides concise and simple information. It is a good explanation and expansion of the title. We have chosen this article because it can be easily understood. The abstract states that many companies are being convinced to implement newly developed management accounting systems and also comments on its inappropriateness. The author states the reason for this is due to the contingency theory perspective. She also highlights that this article is based on the cases of two power and gas companies. The introduction...
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...A measure of a market's sensitivity to increases or decreases in advertising saturation. Advertising elasticity is a measure of an advertising campaign's effectiveness in generating new sales. It is calculated by dividing the percentage change in the quantity demanded by the percentage change in advertising expenditures. A positive advertising elasticity indicates that an increase in advertising leads to an increase in demand for the advertised good or service. Read more: http://www.investopedia.com/terms/a/advertising-elasticity-of-demand.asp#ixzz26vP0W4Xo Advertising elasticity of demand (or simply advertising elasticity, often shortened to AED) is an elasticity measuring the effect of an increase or decrease in advertising on a market.[1][2]Although traditionally considered as being positively related, demand for the good that is subject of the advertising campaign can be inversely related to the amount spent if the advertising is negative. * | ------------------------------------------------- edit]Definition Good advertising will result in a positive shift in demand for a good. AED is used to measure the effectiveness of this strategy in increasing demand versus its cost.[3] Mathematically, then, AED measures the percentage change in the quantity of a good demanded induced by a given percentage change in spending on advertising in that sector:[3] In other words, the percentage by which sales will increase after a 1% increase in advertising expenditure assuming...
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...Question 1 (a) rc, t is the increase rate of real US private consumption. re, t is the real return of the share price index of the New York Stock Exchange after CPI adjustment. rf, t is the real return of the Long-term government bond yield after CPI adjustment. (b) The plotting graph indicated that there is no obvious trend of the increase rate of real US private consumption. The rate reached its lowest point in 1974. There is no clear trend of real return of the share price index of the New York Stock Exchange after CPI adjustment. It is worth to notice that it reached its lowest return in 1974 too, which is about -0.38. The graph of the real return of the Long-term government bond yield after CPI adjustment is different from the above two: before 1980, the return was mainly below 0.02 and reached its lowest return in 1974. After 1980 there was a dramatic rise of the return until 1985. Then it decreased a little and fluctuated around 0.04. Question 2 (a) From the above table we can obtain the Standard Deviation of rc, t equals 0.017232. This is the Std. Dev. estimation with degree of freedom adjustment. In order to get the variance without any degree of freedom adjustment, the equation below must be used to make the adjustment: Var (y without degree of freedom) = T-1T *S2y Thus the variance of rc, t can be calculated: δ2c =35-135 *0.0172322 =0.000288 The variance of the increase rate of real US private consumption is about 0.000288. It measures...
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...Willie Franklin Intro to Philosophy Professor David Scott 5/13/13 Critical Analysis Paper: Plato Vs. Descartes Plato lived in a time of decline of the Greek aristocracy. He was discouraged by both the "mob" (majority rule) and the "elite" (group of nobles) in his country (Johansen 22). He felt that majority rule was irrational and volatile because the average person lacked knowledge and self-restraint, making decisions from emotional responses based on desire and sentiment (Johansen 25). When is comes to metaphysics, Plato’s Theory of the Forms is by far the nucleus of it. For Plato, Forms are timeless essence or entities that rule the well being of a person. Also according to Plato, Forms are transcendental because they depend on the declaration that there is a plane of being outside of our ordinary existence (Tovar 10). Plato divided metaphysics into four levels of reality and four epistemological ways of apprehending the Forms. The four levels of reality are images, sensible objects, lower forms, and higher forms (Tovar 22). The four epistemological ways of apprehending are imagination, perception, reasoning and understanding. When is comes to his epistemology, he tied his dualistic notion of being and becoming. Being is said to be unchangeable and becoming is the way the world appears. Plato though that whatever is relative and always shifting could not be true. So basically Plato is saying the becoming is something that is not real. When it comes to truth...
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...Contents Evaluation of the External Environment 2 Introduction 2 Business level strategies 2 Identification of the Current Corporate Level Short-Term Strategies and Tactics 3 Assessment of Remote Environment 3 Assessment of Competitive Environment 4 Identification of the Internal Environments 6 Profitability Explanation 6 Industry Financial Numbers and Explanations 7 Financial Problem or Success Statement 7 Analysis of Marketing Position 8 Strategic Position 9 Developing company’s rank in market 9 References: 11 Evaluation of the External Environment Introduction Apple Computers originated in Cupertino, California by three friends, Steve Wozniak, Steve Jobs, and Ronald Wayne. Wozniak was the computer nerd of the three and had been working on a computer design and once Jobs convinced him of finishing his model and selling it to the public the beginning of Apple computers was underway. On January 3, 1977 the hard work of the three friends became Apple Computer, Inc. Soon after Wayne sold his share back to Jobs and Wozniak. The two Steve’s continued on to create one of the most successful companies that would in future years be known for their computers, music devices, cell phones, and software worldwide. Apple took off after Wozniak’s Apple I adding numerous versions of the Apple, the Macintosh line, the iPod, iPhone, and iTunes products, and numerous other computer/software products to the Apple Computer, Inc. family. Apple has made its mark...
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...Date: July 12th, 2011 Student Name: Eleanor Luu Instruction Name: Professor Stephen Itnyre Course/Class: ACC115003VA016-16-001 Assignment 1: Stock Analysis This Stock Analysis assignment shows six (6) differences Stock companies: APPL (NASDAQ), NIKE (NYSE), SAP (NYSE), MSFT (NYSE), INTU (NASDAQ), and SGPYY (LSE) in daily historical price from 3/1/11 through 5/31/11. 1 - The summary various accounting systems that each firm provides: ➢ Peachtree is a Sage product that and use by SGPYY, MSFT, and SAP AG ➢ QuickBook is an Intuit product that use by APPL, NIKE, and INTU QuickBooks holds 89 percent of the small business accounting software market in the United States. However, Sage’s small business product, Peachtree, is another popular product that has always given QuickBooks a run for its money. They both have their strengths and weaknesses. Here are the key comparisons from a general standpoint. ❖ Peachtree • It offers a tight integration between desktop accounting and online store. • It’s the best choice for Web-minded small businesses. • Stronger inventory management • Job costing capabilities • Over 140 customizable reports • Work flow management • Scalability/multi-user performance • Through GAP checks for duplicates and suspicious activity • Can accommodate up to 40 users, 10 more than QB • Easy to navigate. • Installation and Configuration...
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...VARK is an assessment tool developed by Neil Fleming and David Baum in 1987. The questionnaire assesses a persons’ learning style. Learning style refers to the way a person gathers, processes, organizes and thinks about information ("Learning styles," n.d.). The acronym VARK refers to visual, auditory, read/write and kinesthetic (Fleming & Baum, 2006). VARK is utilized by students and teachers to assist in determining which learning technique or combinations of techniques are used by the person being tested. This tool will allow a person to identify and understand ones strengths and weaknesses which can lead to strategies to help strengthen any identified weaknesses. There are a multiple of learning environments which a student must adapt to. These various environments require a person to implement different learning styles for their own success. The results of the VARK questionnaire will capitulate number results for each learning style and indicate how an individual functions in each kind of learning style. Usually the results will reveal one or two types of learning styles in which the person excels (Bednarik,R., & Franti,P., 2004). Here are the results from an individual that recently took the VARK online assessment. Visual=3, Aural=6, Read/Write=2, Kinesthetic=6. As seen, the score of the test reveals an equality on kinesthetic and aural styles of learning, and an inadequacy in read/write (Fleming & Baum, 2006). This assessment shows the individual where...
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...Costco is one of the largest retailers in the world organized in membership warehouse club store. With the domestic market becoming matured and saturated, entering emerging market for company’s long term development might be a choice. Considering China is the fastest growing country with economic growth of 8% in the world, and during the "12th-five year plan" period, the scale of retail sales maintaining stable growth to an average annual growth rate of 15%, and China has surpassed the United States as the world’s largest food and grocery retail market according to new research from the Institute of Grocery Distribution (IGD),which means the great room for potential development. The purpose of this assignment is to propose a viable market entry strategy for setting up operation focusing on food area in China market which based on SWOT analysis and competitive forces analysis about advantages and disadvantages of Costco in China. In looking at the SWOT analysis, the main strength of Costco might be its comparatively low-price in high quality、wisely chose and organic food product to China market which is supported by low margin profits、bulk-packaged goods、high volume sales from a single vender(Wikipedia,2012) and private label products. Resulting a 30% lower price on average compared to the largest supermarket. The prestigious brand of Costco can also contribute to the business establishment. The well membership with its customers provides the company with a source of stability...
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...Part I Introduction To understand Financial Trend Analysis encompasses an understanding of one of the most challenging responsibilities facing local governments, and cities across the entire country are more aware now than ever before of how necessary it is to achieve a quality level of fiscal health to be sustainable over the long term. Governments can utilize analytical skills and financial indicators to perform assessments of the organization’s fiscal health. This type of assessment we are able to gain some insight on an organization & determine what symptoms might be contributing to its fiscal distress. It also provides information on what additional testing and analysis needs to be done in order to get a more accurate picture of the organization’s fiscal problems. Problems can then be treated in the most effective way to achieve the level of fiscal health that needed in order to serve its citizens. City Officials Chelsea City Council Juanita Champion jchampion@cityofchelsea.com David Ingram dingram@cityofchelsea.com Alison Moore Nichols alisonnichols@cityofchelsea.com Tony Picklesimer tpicklesimer@cityofchelsea.com Dale Neuendorf dneuendorf@cityofchelsea.com Part II Chelsea Financial Overview & Indicators Part A Community Indicators A-1 Population The Government, incorporated in 1996, is located in Shelby County in north central Alabama. In the year 1996, its population was estimated at 906 and has grown to 2,949 today, making...
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...Ratio Analysis & Time Series Analysis Of 2.1 Ratio and time series analysis of Beximco Pharmaceutical 1. Inventory turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Formula: Inventory Turnover =Cost of goods sold/Average Inventory. The ratio and time series analysis of Inventory Turnover of Beximco Pharmaceutical from 2008-2012 is given below- | Inventory Turnover | 2008 | 1.346 | 2009 | 3.01 | 2010 | 3.50 | 2011 | 1.92 | 2012 | 2.07 | Interpretation: The companies ratio increases from 2008 to 2010, then decreases in 2011 and then again increases from 2012. 2. TIE ratio: Time interest earned ratio (TIE) also known as Interest coverage ratio, indicates how well a company can cover its interest payment on a pretext basis. The larger the time interest earned, the more capable the company is paying the interest on its debt. Formula: Earnings before interest and tax / Total interest ] The ratio and time series analysis of TIE Ratio from 2008-2012 given below- | Time Interest Earned | 2008 | 4.90 | 2009 | 4.03 | 2010 | 3.21 | 2011 | 3.50 | 2012 | 3.42 | Interpretation: The Ratio Increases from 2008 to 2012 to its highest level of 4.90 and then decreases in 2009 & 2010.Again ratio increase 2011. The ratio fluctuation is very high. 3. Gross Profit Margin: A financial metric used to assess a firm's financial health by revealing the proportion of...
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...Introduction Foreign Market Entry Modes The decision of how to enter a foreign market can have a significant impact on the results. Expansion into foreign markets can be achieved via the following modes: ▪ Exporting (Direct/ Indirect Exporting) ▪ Licensing/ Franchising ▪ Contract Manufacturing ▪ Management contract ▪ Assembly Operation ▪ Fully Owned Manufacturing Facility ▪ Joint Venture ▪ Mergers & Acquisitions ▪ Strategic Alliance ▪ Third Country Location ▪ Counter Trade ▪ Direct investments Heading : Mahindras Take a Giant Leap with Insurance Arm Deal By : Satish John, Mumbai. Date : 21st Septermber 2012 News Paper : Economic Times Us-based LeapFrog’s purchase of 15% in a key Mahindra & Mahindra Group subsidiary hasgiven the auto to tourism group several fold returns on its original investment and the third such high return investment for its investors in less than a decade. LeapFrog, the world’s largest insurance investor for low-income customers on Thursday said ti would buy a 15% stake in Mahindra Insurance Brokers for Rs. 80.41 Crore. This firm which is subsidiary of the much bigger and better know M&M Financial services was started in 2004 for a measly Rs. 50 Lakh.The LeapFrong purchase values the firm at Rs. 520 crore. LeapFrog specfialises in investing in companies that cater to rural markets.”We feel very proud that we invested Rs. 50 Lakh and today...
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...Financial Data Analysis Tammy L. Wilson HCS/577 July 15, 2015 Tricia Jenkins After going over the balance sheet for Patton-Fuller Hospital for the year of 2008-2009, I observed there to be significant differences, these stand- out such as the such as the retained earnings ( or “Net Worth” or “Unrestricted Fund Balance”) drastically decreased from 2008-2009 (Apollo Group 2006). The dollar amount of the decrease is -209,407 this bringing the percentage to 65%. The long- term debt rises to 116% from 2008-2009 as well (Apollo Group 2006). This is very huge increase, along with the total current liabilities increased as a whole by 184.09% (Apollo Group 2006). In the documents of the statement of revenue and expenses there are major differences. The operating income decreased by 98% from 2008-2009 (Apollo Group 2006). Also the net income decreased between the years of 2008-2009, this was also by 98%. Non-operating income was dropped by 77%. From what I observed the total revenue and expenses were all with-in the normal range even though the operating income, non-operating, and net income all have declined and by a very noticeable rate (Apollo Group, 2006). It had a total revenue that had grown by 10%, which equals to $41,668.00. The increase...
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