The Voice of Marvin Puryear Essay Example | Topics and Well Written Essays - 500 words

The Voice of Marvin Puryear - Essay Example Puryear draws on his direct experiences. He has a fascination with music and archery. His way of expressing those interests was not to try to sport, but to create the object of the sport itself. For example, he notes â€Å"If I became interested in archery, I made the bows and arrows; if I became interested in music, I made the guitar" (Benezra 140). Again, this statement by Puryear reinforces the premise that his sculptures are not the result of hard line education. If they were, then he would have mastered playing the instrument or the sport of archery rather than creating his own original vessel. The deception that can only be called Puryear is his ability to take the simple concept (Such as the Old Mole) and craft a vision without all of the trendy accoutrements that we see so often in modern art today. This too is the result of his emotional reaction to that which he experienced, rather than the formal education he received. Another example of what I view as a reactive piece is â€Å"Untitled†. The body of the object is open, free and seemingly transparent. However the face of the object appears to have the expression of recovering from a horrid event, yet knowing that there is still more. Simply stated, the face is heavy, as if carrying some sort of burden, while the body is completely unaffected. This too demonstrates pure emotion. As the saying goes â€Å"I can tell by your face something is wrong.† In conclusion, a review of Marvin Puryear’s pieces, demonstrate that interpretation can be found in emotion.

Corrective measures for today and the future Essay Example for Free

Corrective measures for today and the future Essay There are many ways to stop war drivers and hackers and these methods may be as simple or complex depending upon the nature of the network. First, one should understand that war drivers and hackers can easily tap into a network because of the plug-and play nature of modern devices. Also some advanced security systems such as the Wired Equivalency Privacy (WEP) system used by 802. 11b wireless networks is plagued by some common errors in the system, including failure to engage it entirely by itself or engage WEP encryption key set at default. Thus, method such as WEP, IPSEC, and Wi-fi protected Access, DMZs, Firewalls and Virtual Private Networks can be established to deter war drivers and hackers (â€Å"War Driving†, 2004). WEP Wired Equivalent Privacy (WEP) is basically a security protocol, specified in the IEEE Wireless Fidelity (Wi-Fi) standard (which is 802. 11b) designed to provide the WLAN a security level that matches a wired network. Security for a WLAN can be tricky, as access to a WLAN is not hindered by most physical barriers. WEP works by encrypting data before transmitting it to the wireless network. This encryption can be done in conjunction with other protection methods such as password protection, end-to-end encryption and virtual private networks (VPNs) (â€Å"Wired Equivalent Privacy†, 2006). But WEP is not without it flaws, as proven by a research group from the University of California at Berkeley. The group was able to intercept and change data transmissions and gone as far as gaining access to restricted networks and data. On the other and, WECA (Wireless Ethernet Compatibility Alliance) claims that WEP is not the only security system method available for WLAN. WEP is popular because most consumers have put up much of their trust in WEP that other methods (â€Å"Wired Equivalent Privacy†, 2006). IPsec IPsec (Internet Protocol Security) is defined as the backbone for a set of security protocols for network communications. IPsec claims to be effective in establishing virtual private networks and remote user access in dial-up accounts and private networks. One obvious advantage of IPsec is that security arrangements can be taken cared of without changing computers or users. CISCO (a major promoter of IPSEC) provides support for IPSEC on their network routers (â€Å"IPsec†, 2005). IPsec has two options for security service. First is the Authentication Header (AH), which basically authenticates the identity of the data sender and the other one is Encapsulating Security Payload (ESP) which handles both sender authentication and data encryption. Both services packages specific information into packets in a header that follows the IP packet header. Separate key protocols can be selected for this such as the ISAKMP or Oakley protocol (â€Å"IPsec†, 2005). ISAKMP (Internet Security Association and Key Management Protocol) is a coded protocol based on the IKE key exchange protocol (ISAKMP, 2006). On the other hand, the Oakley protocol is a security system in which two authorized parties can exchange confidential material through the Internet (Oakley Protocol, 2006). Both protocols can be used on a secured connection and is defined by RFC (Request for Comments) 2408 and 2412 respectively. Wi-Fi Protected Access Wi-Fi Protected Access (WPA) is a new security protocol that was designed to replace WEP. It is technically an improved version of WEP. Though WPA has improved data protection features, WEP is still considered to be best for home use. However, WEP is not recommended for corporate use because it is prone to eavesdropping and hacking, because it is not able to handle the bulk of data that WPA is capable of handling. WPA uses Temporal Key Integrity Protocol (TKIP) which uses pre-packet mixing function, extended initialization vector, and a re-keying mechanism. WPA is also said to have stronger user identification because it is based on 802. 1 xs and has an Extensible Authentication Protocol (EAP). Also WPA relies on RADIUS (a central authentication server) to identify each user â€Å"Wi-Fi Protected Access†, 2005). WPA is actually under IEEE 802. 11i, and there are rumors that a second version called WPA2 is on the works. It is also predicted that by 2003, there will be software updates that will allow both the client and server to establish WPA in their system. â€Å"Hotspots† can then operate within a mix of WEP and WPA modes to support both home and corporate clients. In case of a home client, the identification system would be simpler than the one that will be issued for corporations (â€Å"Wi-Fi Protected Access†, 2005).

The Blood Theme In Macbeth Essay -- essays research papers

Shakespeare's classic play MacBeth is the story of a young and ambitious noble, MacBeth and his wife, Lady MacBeth living in 11th century Scotland. When MacBeth is told by three witches that he will become King of Scotland, his mind begins to wander. He considers killing the current king, Duncan, but he soon dismisses the thought from his mind. When Lady MacBeth hears of the witch's prophecies, she urges him to take fate into his own hands and kill the king. With her help, he commits this treasonous act and becomes King. This one murder is only the beginning as the couple strives to protect their power and maintain their innocence. Both characters fail to take into account the vast guilt that comes with their sinful actions. Shakespeare manifests this guilt in the images of blood and disease.   Ã‚  Ã‚  Ã‚  Ã‚  Duncan makes the fatal decision of paying an overnight visit to MacBeth's castle. With lady MacBeth's coaxing MacBeth agrees to drug the grooms and murder Duncan. However, Lady MacBeth must go back after the initial killing and frame the sleeping grooms for the murder. Both MacBeth and his wife's hands now carry the blood of the late king, Duncan. 'A little water clears us of this deed,'; is Lady MacBeth's response to this situation. She thinks washing the blood off their hands will also wash the guilt off their minds. Nothing so complicated is ever that easy.   Ã‚  Ã‚  Ã‚  Ã‚  Lady MacBeth soon learns that guilt is heavier than water. She is...

Obsession and the consequence Essay

   Agrippa’s work inspired Frankenstein and he describes the effect of it, as â€Å"a new light seemed to dawn upon my mind†. This is the birth of his obsession As Frankenstein grows older his craving for knowledge dwells and if anything becomes more potent as his obsession grows. One could think that Frankenstein’s thirst for knowledge is partly driven by his fathers comments such as calling the work of Agrippa and such scientists â€Å"trash†, Frankenstein later explains that if instead of such remarks his father had taken time to explain that Agrippa’s principles had all become highly disreputable he would have â€Å"thrown Agrippa aside†. Instead he was left to read the book and decide for himself if it was â€Å"trash† or the highest level of intelligence. During the novel Frankenstein even names his father as the sole contributor to his obsession with science â€Å"if instead of his remarks my father had taken the pains to explain that the principles of Agrippa had been entirely exploded†¦ I should certainly have thrown Agrippa aside†. Frankenstein’s obsession for knowledge is constantly growing especially during his days at Ingolstadt but is accelerated when M Waldman starts to teach him. Frankenstein immediately gains a good understanding and high mutual level of respect for each other â€Å"an aspect expressive of the greatest benevolence†. Waldman later explains that â€Å"miracles† can happen, this gives wind to Frankenstein’s imagination and after Waldman’s Death ultimately leads him to fulfill his wildest dreams to be respected, obtain more knowledge and most importantly â€Å"play God†. Frankenstein’s obsession is at its strongest during the creation of the monster. By this point the thirst for knowledge has even started to take over his inner thoughts â€Å"Cornelius Agrippa, Albertus Magnus and Paracelsus the lords of my imagination†. This shows that due to Frankenstein’s self isolation, working through both day and night â€Å"darkness has no effect upon my mind† he has lost all touch with the borders of society and even reality, furthermore the use of the word Lord implies that Frankenstein looks up to Agrippa etc as if they were Godly figures. One very powerful point that Shelley puts across during the novel is that with desire and obsession come consequences; the most potent example of this comes with the consequences that come with Frankenstein’s ambition that leads to the creation of the monster. After the monster’s creation Frankenstein quickly comes to his senses and sees the now dubbed â€Å"monster† for the monstrosity it is and rejects it â€Å"how can I describe my emotions at this catastrophe†. Now rejected the monster soon learns that rejection and hatred are the only affection he will receive from man, although he does find friendship with an old blind man for a while but he is soon discovered by the man’s family, beaten and driven away. This shows that although he meant well only hatred and loneliness came as a consequence of Frankenstein’s selfishness. Now realizing he must live in solitude the monster goes back to Frankenstein to ask him to create a companion for him, â€Å"you must create a female for me with whom I can live in the interchange of those sympathies necessary for my being†¦ I demand it of you as a right that you must not refuse to concede†. This statement shows that there is a degree of control about the monster’s persona with regards to Frankenstein; furthermore the word demand implies that instead of asking Frankenstein to do this he is now ordering him as if he were a superior power and intellect, this is another consequence. Frankenstein is reluctant to fulfill the monsters request as he knows it will more than likely double the problem, Frankenstein explains his reasons for this to the monster, the monster brushes these aside and blames Frankenstein solely for any misfortunes he has endured and uses persuasive and empathetic language in order to change Frankenstein’s mind, â€Å"have I not suffered enough that you seek to increase my misery† this language Shelley uses makes the reader start to sympathise for the monster. In addition to this the monster threatens not just Frankenstein but his loved ones also, â€Å"if I cannot inspire love I will cause fear† this is a threat aimed at Frankenstein’s one real weak point his family. Frankenstein eventually agrees to make his companion and is told â€Å"I shall watch the progress with unutterable anxiety†¦ when you are ready I shall appear†, this implies that now that Frankenstein has agreed to take the task he cannot escape it unscathed. When Frankenstein eventually decides not to complete his â€Å"most abhorred task† the monster is enraged and holds to his threat â€Å"if I can not inspire love I will cause fear†. Because of Frankenstein’s refusal to make the monster a companion the monster starts to kill his family, starting with his younger brother Will, he later kills his wife Elizabeth on their wedding night and then his father dies, this is but another consequence of his obessesion. The death that seems to effect Frankenstein most is that of Elizabeth, he describes the effect as â€Å"why am I here to retale the destruction of the best hope an purest creature of Earth†, this means that he has played a major part in the destruction of not only his wife but the â€Å"purest being on Earth†. Frankenstein eventually pays the ultimate consequence for his creation of the monster with his life. After all the death of his loved ones that he has had to endure Frankenstein finally decides he has nothing more to loose and decides he will find and confront the monster but because of exhaustion he cannot go on, there is a strong sense of irony about the deaths of Frankenstein and his loved ones as they all came as a consequence of Frankenstein wanting to create life. Frankenstein is a well-known classic about on man’s ambition to create life, but ironically as a result of its creation; ultimately life is destroyed. 1 Jack Sponder Explore Discuss and Consider the ways in which Shelley Presents the Discovery Scientific Possibilities, Obsession and Consequences of desire In Frankenstein Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Mary Shelley section.

BMM notes Essay

Attempt all the questions. Read the question carefully before answering. Figures to the right indicate full marks. Illustrations/ Layout is not Compulsory. But ensure to give a clear and concise description of the visual. 1. Answer any four : (a) What is the difference between Political Advertising and Government Advertising? Give one example of each. (b) What is creative? How important creative brief is for writing copy for a product? (c) How is reason why copy different from slice of life copy? (d) What are the essential qualities to become a good copy writer? (e) Explain the importance of sub-head for the print media. (f) What are the different types of copy? Explain one in detail. (g) Explain the following terms (Any three) :(i) Zoom in (ii) Dissolve (iii) Wipe (iv) Pan. 12 2. Answer any four of the following question :(a) Write short note on, Copy for Children as the Target Audience. (b) Give two examples each of comparative and demonstration type of advertising. (c) What are the essentials of a Good Poster? (d) Give your comment on ‘Daag Achche Hain’, Television commercial. (e) Analyse any one of the recent public service television or print advertisement. (f) (i) ‘Maine poocha kya’? is the base line of which detergent brand ? (ii) ‘Insan Phone lete hain baat karne ke liye,’ is the line of which television commercial? (g) Explain the various stages of producing a TV commercial? 12 3. Answer any two : (a) Radio advertising creates a ‘Picture in the Mind’. Explain? (b) Write a 30 sec Radio spot for Shopper’s stop, Highlighting, Range and Location. (c) Write a direct mailer to the prospective Customer in Bandra, persuading them to place their monthly grocery requirement to ‘Sangam’, A Hindustan Lever Limited Venture. Sangam provides free home delivery within an hour. 10 4. Multimedia campaign and strategy (Attempt any one):(a) VIP luggage is launching a new campaign to reinforce its new image of a company marketing trendy luggage for upwordly mobile young professionals. They have added new design and different colours in their portfolio of products. i. Prepare a creative brief for Making Impact on the Target Audience. ii. Create a press advertisement campaign based on the creative brief. iii. Prepare a storyboard for television commercial based on the creative brief. PDF Powered By BMMBox.com 5 6 5 www.bmmbox.com www.bmmbox.com (b) PDF Powered By BMMBox.com The recent cases of corruption among a few police officers tarnished the image of Mumbai Police. The Commissioner wants to improve the public image of the Mumbai Police. i. Advice them on strategy and baseline. ii. Develop a 3 advertisement press campaign. iii. Develop a storyboard for a 30 sec TVC. PDF Powered By BMMBox.com

The eNotes Blog Digital Lending IsHere!

Digital Lending IsHere! For me, books are like crack. I will seriously consider buying less food if there is a new title out that I want to read.   And having a Kindle makes it all too easy to have instant gratification. At first I thought I was safe. After all, Kindle allows you to sample any book you are thinking about purchasing before actually doing so. I typically do opt for the free portion before buying, but rarely do I not click Download Now. In under a minute, I have added another digital notch to my bookshelf. However, roughly a third of the time I select a title, I have some buyers remorse. And as many Kindle owners know, those regrets can add up financially. Thats why I was pleased to learn that Kindle has added library lending to its services. Just like a title you purchase, your library selections allow you to annotate, highlight, and use bookmarks. If you choose to buy it or check it out again, those notes will still be there. Right now, 11,000 libraries around the country are participating in digital lending. Here  is how it works: Visit the website of a U.S. library that offers digital services from OverDrive. Check out a Kindle book (using a valid library card). Click on Get for Kindle and then sign in to your Amazon.com account to have the book delivered to your Kindle device or reading app. Your book can be delivered to your device either directly or via USB. Happy (free!) reading!!!

Why Your Health Has a Big Impact on Your Job Performance

Why Your Health Has a Big Impact on Your Job Performance According to research, there is a strong correlation between how well you do your job and your health. In fact, research suggests that certain lifestyle choices will determine just how much your productivity is reduced. The folks over at ZeroCater  Ã‚  have created an infographic, detailing just how much your productivity can be reduced by things like poor diet, lack of exercise, sleep deprivation, and more! Take a look below for more info on the numbers.  Source: RecruitLoop

5 Glaring Signs Your Coworkers Are Untrustworthy

5 Glaring Signs Your Coworkers Are Untrustworthy You don’t have to be best friends with your coworkers. We know some of you want to keep the personal and the professional separate, and that’s totally fine. But at the very least, you should be able to trust your coworkers. You certainly wouldn’t want to find out that someone else in the office has been taking credit for your hard work or passing along things you say in confidence to the wrong people. So it is wise to take note of when a colleague may be less than honest. Here are 5 signs that will help you weed out the untrustworthy.1. You’re the subject of gossip.Have you ever suspected that a coworker was whispering behind your back? And do you suspect that the coworker is whispering about you? Are things you said to that coworker in private getting around the office? These are all warning signs that someone is gossiping about you. And you can never trust a gossip.2. You’ve been robbed.Did you ever have a great idea that you mentioned to a cowork er who then went ahead and passed off that idea as his or her own? That’s not so much a warning sign as a great big flashing red light alerting you that he or she is not honest. It would be ideal to work in an environment in which having your ideas or work stolen is not a concern, but sometimes it’s best to keep your best ideas close to your chest.If this does happen to you, don’t be shy about having a private meeting with your manager to talk about the issue and how you should handle it in the future.3. You’re being left out.Ever find yourself left out of important meetings or email threads? Maybe these are just a harmless oversights, but finding yourself chronically left out might indicate that a coworker is jealous of your abilities and does not want you to shine by participating in crucial office confabs. If you find that it’s always the same coworker who is â€Å"accidentally† leaving you out of those meetings of minds, that coworker mi ght have an axe to grind against you. Again, please don’t feel out of line by reporting this type of behavior should be reported to management.4. You’re the scapegoat.Do you sometimes get blamed for mistakes you didn’t make? Do you feel fingers pointing at you behind your back? Then someone might be trying to turn you into the office scapegoat. This may be random harassment, or someone might be trying to cover up her or his own blunders by making them yours. If you regularly find yourself taking the heat for someone else’s screw-ups, that someone might be the culprit behind your scapegoat status.Always stand up for yourself and  get everything in writing. Even if you have to shoot off a quick â€Å"just confirming what we discussed at my desk this afternoon† email, do it. You can never be too safe.5. You’re the victim of sabotage.Did a project you worked hard on end up getting lost or a well-organized presentation end up mysteriously turni ng into a mess? Then someone might be deliberately sabotaging your work. Yes, it seems juvenile, but these things do happen in the adult work world. Just be sure that there is strong evidence that a particular coworker is sabotaging your work before making any accusations. You don’t want to falsely accuse anyone or mistakenly blame a coworker for your own errors. Then your coworkers might start thinking that you’re the one who isn’t completely trustworthy.

Advanced Practice Nursing Scope of Practice Essay

Advanced Practice Nursing Scope of Practice - Essay Example The present malady also arises from the licensing system and odious licensure laws, which leaves a large gap between the Registered Medical Practitioners and other HCP, in terms of medical autonomy and work ethos. The profession of RMP has evolved in such a way that there is no difficulty in reconciling their clinical abilities with their legal authority. Therefore, there are no legal barriers for doctors to venture into medical areas that lie outside their medical domain, or field of study and training. There are no legal implications, only their self control and self knowledge may be the restraining factors. But this is not so in the case of other HCP, especially in the nursing profession. Since, on their own, they do not have legal authority to do certain actions relating to the welfare of the patients. They may not interpret patient clinical data or act independently on such data; (Practice Alerts & Guidelines. 2006). Till the recent past, even routine practices could only be per formed with the consent of, and under the supervision of attending doctors. The crux of the issue lies in the fact that they are not in a position to take medical decisions which are outside their legal scope and could only act in patients care and executing medical regimens prescribed by a licensed physician, (Practice Alerts & Guidelines. 2006). It may be argued that just as Doctors referred serious cases to specialists, nurses could be entrusted with the care and treatment of minor ailments, and serious ailments could be referred to registered doctors for treatment. Doctors feel that their medical school education and professional training could not be undertaken by other HCP, and only, they are best suited to treat patients, irrespective of the severity of the disease the patient is suffering from. The Licensing regime has, by far, been the strongest impediment in the way of reforms in the medical field, since a license alone could justify grant legal authority

Behavioval Science and Human Relations Term Paper

Behavioval Science and Human Relations - Term Paper Example It is considered that each of these internal systems possess specific control behaviors. It is assumed that the probabilities of transition between these internal states predict human behaviors in varying social contexts. The trends in these interstate transitions are calibrated and hierarchically organized by behavioral scientists to understand long term and short term human behaviors. It is these two ranges of behaviors which makes the foundation for human behavior and human relations. Such a modeling of human behavior can be helpful in many ways. These models can be used to develop human-machine systems which can assess and recognize human behavior. This could even be used to predict human behavior. Here the requirement is to have inputs for this system on the internal human states. However, the challenge here is that these human states are not readily observable. These internal states are to be estimated through an indirect estimation process. There are several researches on beha vioral science which has led to the designing of models which can estimate these internal human states. For instance, Pentland & Liu (199) has used a model termed Hidden Markov Model (HDD) to undertake this assessment and were able to recognize human driving behaviors and predict the pattern of human control states. It has been claimed that they were able to do accurate predictions and anticipate human behavior even up to few seconds in future. Behavioral science uses several human systems to analyze human behavior and relations. It has been recorded that human behaviors like speech, handwriting and hand gestures can be precisely recognized through some of the assessment models(Pentland & Liu, 1999). However, very detailed properties like smoothness and continuity are required to go up to the level of accurate simulation and prediction. Sharper models are required to capture the additional properties of smoothness and continuity. The application of these behavioral models in managem ent is based on the basic theory that every employee moves within his own unique system of human behavior. These are further influenced by the cultural, environmental and the experience based conditioning of each individual. It is important to understand these factors as it is these factors which make an individual to react in a particular when it comes to human relations. Thus it is important in management to understand these factors. It is these factors which constitutes that particular individual’s behavioral system. Thus if one could identify the factors within the behavioral system of an individual, the management will be in a position to predict that individual’s response in a given situation. The Human Relations approach The consideration of human behavior and elementary drivers of human behaviors in management has evolved as different school of thought in management, which is termed to be the human relations approach (Likert, 1961). This school of thought is ho wever, contradictory to the conventional management concepts. While the conventional management theories rely on rationalizing of management processes, the human relations approach leaves ample space for human behavior and emotions within in management. In simpler words, classical theories of management quantify work and work routines through tangible markers whereas the human relations approach accommodates emotional and relational needs of individuals

To what extent employee satisfaction is an antecedent for customer Dissertation

To what extent employee satisfaction is an antecedent for customer satisfaction and loyalty among Small and medium Enterprises - Dissertation Example logy 30 3.1 Research Philosophy 32 3.1.1 Phenomenological Style or Interpretivism 33 3.1.2 Positivist Style 33 3.2 Justification for Positivism Philosophy 34 3.3 Research Approach 35 3.3.1 Deductive Research 35 3.3.2 Inductive Research 36 3.3 Characteristics of this Research 37 3.4 Research Strategy 39 3.4.1 Qualitative Methodology 41 3.4.2 Quantitative Method 42 44 3.4.3 Semi-Structured Interviews 44 3.5 Time Horizon 45 3.5.2 Cross Sectional Perspective 46 3. 6 Data Collection Method 47 3.6.1 Secondary Data Collection 47 3.6.2 Observation 48 3.6.3 Interview 48 3.6.4 Sampling 49 3.6.5 Questionnaire Survey 50 3.7 Validity Testing 50 3.7.1 Construct Validity 50 3.7.2 Internal Validity 51 3.7.3 External Validity 51 3.7.4 Reliability 52 3.8 Analysis Tools 52 3.8.1Chi Square Test 52 3.8.2Â  Weighted Average Method 53 3.8.3 Karl Pearson’s Coefficient of Correlation 53 3.8.4 Percentage Analysis 54 3.8.5 Graphs 54 3.9 Ethical Considerations 54 4.2.1 Analysis 1 63 4.2.2 Analysis 2 66 4.2.3 Analysis 3 68 4.2.4 Analysis 4 70 70 4.2.5 Analysis 5 71 4.2.6 Analysis 6 74 4.2.8 Analysis 8 81 4.2.9 Analysis 9 & 10 84 4.2.10 Summary 86 Chapter 5 Conclusion 87 5.1 SME Retail Sector-Ireland 89 5.1.1 Competitive Advantage for Retail Stores 90 5.1.2 Human Resource Challenges 90 5.1.3 Marketing Challenge 91 5.1.4 Competitive Advantage through People 92 Chapter 6 Recommendation 93 Chapter 7 Self Reflection 94 7.1 Genesis of the Research Problem 94 7.2 My Concern 95 7.3 Collecting and Analyzing Data 95 7.6 Cost Management 98 7.7 Significance of the Research 99 7.8 Understanding Knowledge of Journal and Books 100 101 Reference 102 Journals 102 Books 107 Appendices 110 Appendix 1- Interview Transcript 110 Appendix 2- Questionnaire 113 List of Figures Fig 1: Competitive Advantage 13 Fig 2: Competitive Advantage through People 16 Fig 3- Employee Satisfaction 20 Fig 4: Customer Satisfaction & Employee Satisfaction 28 Fig 5: Customer Satisfaction 29 Fig 6: Research Method 32 Fig 7: D eductive Research 36 Fig 8: Inductive Research 37 Fig 9: Research Strategy 39 Fig 10: Qualitative versus Quantitative Analysis 44Fig 11: Service Profit Matrix 63 Fig 12: Distribution for Satisfied Population in Retail Stores 64 Fig 13: Distribution of Motivated Population 69 Fig 14: Key Motivators for Satisfaction 70 Fig 15: Correlation between Employee Satisfaction and Employee Motivation 74 Fig 16: Distribution of Engaged Employees 75 Fig 17: Variation in Employee Engagement and Employee Satisfaction 78 Fig 18: Correlation between Employee Commitment and Employee Engagement 81 List of Tables Table 1: Distribution for Satisfied Population in Retail Stores 63 Table 2: Satisfaction booster most favoured by employees 66 Table 3: Weighted Average of Satisfaction Booster most favoured by Employees 67 Table 4: Distribution of Job Satisfaction Booster 68 Table 5: Key Motivators 70 Table 6: Relational Matrix for Employee Commitment and Satisfaction 73 Table 7: Distribution of Employee Enga gement 75 Table 8: Dispersion between Employee Satisfaction and Engagement 77 Table 9: Relational Matrix between Employee Engagement and Commitment 80 Table 10: Observed Value 82 Table 11: Expected Value 83 Table 12: Chi Square Analysis 84 Table 13: Impact of Customer Care Service on Customer Satisfaction (X) 85 Table 14: Impact of Employee Satisfac

The state of the real estate market in UK Essay - 1

The state of the real estate market in UK - Essay Example From the research it is clear that real estate encompasses land and its additional features that increase its value. In United Kingdom (UK), the term real estate is dissimilar with different names. UK uses the word real property to denote real estate, which describes the land and its fixtures such as buildings and resources like minerals, water and harvests. While real estate market is the periodic change in upsurge of output alternating with the decline within a given time. In 1980s to 1990s, house prices appreciated by 300% while those of raw land raised by 1000% leading to recession. As from 1970, the average total price of the house for the first time buyers has increased for approximately 3, 100% at the same time, income average of the purchasers increasing by 1,900%. London records the lowest price of real estate to the initial buyer followed by South West. The alterations that happened in UK from 1980 to 2010 indicates how the country perceived an extraordinary increase in hou sing demand leading to increase in house prices. In 2010, house prices had raised threefold in 15 different cities and twice in 62 cities as compared to the house prices in 2005. The cities, which recorded the highest rise in the house prices, were Southern England, Salford and Newcastle while Scottish was among the countries, which recorded the least increases in prices of the house. Compared to other markets, the real estate market follows the fiscal principle of â€Å"supply and demand†. ... In 2010, the UK average number of real estate on the surveyor’s book raised by 4.1% from June raising the total average to 69.1, which was a drop of 0.1%. This led to the stock ratio sales dropping to 24%, which recorded the lowest level ever since June 2009. 1% more surveyors in the real estate recorded a rise surpassing a fall in total transactions which was a drop of 3% in the June 2009 transaction (Dijkman 2010, p.53). The total real estate supply raised and agents’ recorded a total average of 68% properties in contrary to the 59 of June 2009. The first time buyer (FTBs) percentages of total sales improved from 21% witnessed in June 2009 to 26% making the threshold of Stamp Duty Land Tax to rise to 250, 000 pounds (Jin, Yui & Zhixiong 2010, p. 527). In July 2010, both demand and supply for the real estates increased which was good news for housing market. According to the brokers in real estate, the total number of houses plus apartments in London traded for over 5 million pounds increased from 31% to 262%. On contrary, source of houses plus apartments for the sale above 5 million dollars significantly decreased leading to the raise of demand as inventory dropped. According to international luxury market, the prices of real estates in London were rising due to scarcity of property (Mun 2012, p. 676). This led to the real estate sellers in UK to accept the new trends in realities involved in luxury housing thus accepting on residence not commanding the real estate prices (Jinjarak & Sheffrin 2011, p. 246). During that period, general market activities and hopefulness increased leading to the drop in inventory while an increase in demand, which steered to inadequacy in classy housing inventory. In that

Enterprise Resource Planning Research Paper Example | Topics and Well Written Essays - 2250 words

Enterprise Resource Planning - Research Paper Example When one is reactive, one probably loses an opportunity that existed and may never get the opportunity again. Being proactive means putting in place systems that will help the business to have the checks and balances of what is needed at any predetermined time (Sheilds 2001). If one has to excel, it means that one has to be ahead of the competitors because the moment your competitors are ahead of you, one simply reacts to the demands of the consumers. In order to be proactive, one has to manage all organization’s resources very effectively and efficiently. Management means being able to be in control. The aim of this paper is to outline the benefits that come with master production scheduling (MPS) and material resource planning (RPF) as a function of Enterprise resource planning (ERS). This will be done by describing the function of Enterprise resource planning and the role of master production scheduling and material resource planning (Sheilds 2001). ... Later on ERP became an integrated system that addressed all the core functions of an enterprise, with the governments and non- profit organizations employing the system (Chang, Symythe and Timbrell 2000). When ERP systems were introduced, their main focus was to automate the functions of the back office. The functions of the back office are activities that did not involve the customers directly. They are referred to as back office activities because those activities took place in the building where other people cannot see those activities going on. Such activities include manufacturing, developing products and administration. The front office functions were integrated later in the ERP system. As opposed to the back office functions, front office functions are directly related to the customer for instance customer relationship management. Master Production Schedule (MPS) A master production schedule (MPS) is a plan that a company develops so a as to plan for production, inventory and staffing. A master production schedules gives the time the product will be demanded and also gives the quantity that will be demanded. It is therefore a plan for future production. An MPS therefore contains a statement of what the firm anticipates to manufacture. For instance, it states the amount to be produced and possibly how much labor is required. It is therefore concerned with elements such as forecast demand, production cost, inventory costs, lead-time and working hours (Sheilds 2001). The MPS translates the business plan into a production plan. Its addresses the concern of demand, hence forecast demand. It helps to avoid shortages,

The state of the real estate market in UK Essay - 1

The state of the real estate market in UK - Essay Example From the research it is clear that real estate encompasses land and its additional features that increase its value. In United Kingdom (UK), the term real estate is dissimilar with different names. UK uses the word real property to denote real estate, which describes the land and its fixtures such as buildings and resources like minerals, water and harvests. While real estate market is the periodic change in upsurge of output alternating with the decline within a given time. In 1980s to 1990s, house prices appreciated by 300% while those of raw land raised by 1000% leading to recession. As from 1970, the average total price of the house for the first time buyers has increased for approximately 3, 100% at the same time, income average of the purchasers increasing by 1,900%. London records the lowest price of real estate to the initial buyer followed by South West. The alterations that happened in UK from 1980 to 2010 indicates how the country perceived an extraordinary increase in hou sing demand leading to increase in house prices. In 2010, house prices had raised threefold in 15 different cities and twice in 62 cities as compared to the house prices in 2005. The cities, which recorded the highest rise in the house prices, were Southern England, Salford and Newcastle while Scottish was among the countries, which recorded the least increases in prices of the house. Compared to other markets, the real estate market follows the fiscal principle of â€Å"supply and demand†. ... In 2010, the UK average number of real estate on the surveyor’s book raised by 4.1% from June raising the total average to 69.1, which was a drop of 0.1%. This led to the stock ratio sales dropping to 24%, which recorded the lowest level ever since June 2009. 1% more surveyors in the real estate recorded a rise surpassing a fall in total transactions which was a drop of 3% in the June 2009 transaction (Dijkman 2010, p.53). The total real estate supply raised and agents’ recorded a total average of 68% properties in contrary to the 59 of June 2009. The first time buyer (FTBs) percentages of total sales improved from 21% witnessed in June 2009 to 26% making the threshold of Stamp Duty Land Tax to rise to 250, 000 pounds (Jin, Yui & Zhixiong 2010, p. 527). In July 2010, both demand and supply for the real estates increased which was good news for housing market. According to the brokers in real estate, the total number of houses plus apartments in London traded for over 5 million pounds increased from 31% to 262%. On contrary, source of houses plus apartments for the sale above 5 million dollars significantly decreased leading to the raise of demand as inventory dropped. According to international luxury market, the prices of real estates in London were rising due to scarcity of property (Mun 2012, p. 676). This led to the real estate sellers in UK to accept the new trends in realities involved in luxury housing thus accepting on residence not commanding the real estate prices (Jinjarak & Sheffrin 2011, p. 246). During that period, general market activities and hopefulness increased leading to the drop in inventory while an increase in demand, which steered to inadequacy in classy housing inventory. In that

Assignment 1 Research Paper Example | Topics and Well Written Essays - 1500 words

Assignment 1 - Research Paper Example There was sanctification of the war against the heretics of the Christian church in Western Europe. These however were as a result of the successful Levant campaigns and expeditions. It is therefore worth noting that the success of the Levant’s Crusaders was important and instrumental to the developments that followed. The initial Levant crusaders emerged as a result of revival of the religious feelings as well as the missionary zeal that was evident in Europe during the tenth century. 1Personal, economic and political expansionisms are also thought to have resulted into the coming of the crusaders to Muslim Levant. During this time the crusaders were considered to be fighting the holy wars. The dominance of the worldliness spirits was a major contributor to the nature of holy wars. This is because the priests were seen as very powerful individuals representing the people in another world. In this perspective, they had a lot of influence on the western church as they represent ed part of the papacy’s secular policy that controlled the activities of the western church. However, the popes and the priests had certain reasons why they motivated their faithful to wars against the Muslims. The teachings by the priests and popes were influential since the believers and faithful perceived the war in a different perspective. Most of them believed that it was a direct way to salvation through pilgrimage. However, pilgrimage was not common among the believers since it had been taking place in the European continent. Pilgrimage was witnessed in the theaters where Christians and Muslims shared common frontiers. They included Italy, Spain, Asia Minor, Sicily and the sea. In Jerusalem, there were other groups under arms organized mainly for mutual protection. These represented pilgrimages in Jerusalem and its neighborhood as well and the powerful influence that pope and the priests had on the faithful. 2The other reason why the crusaders went on to Levant was bec ause of the belief that it gives an opportunity to divert the destructive war to a more useful purpose. The idea here is that the warlike energies are channeled away from the destructive endemic among the Christ people. This was good for the Christian community since it helped in the development of the new efforts to enforce God’s peace and truce among the believers, and fight the wicked. They believed that for an individual to proceed to the other world, one had to fight hard and win the war on earth. Fighting hard on earth as well as being obedience to the natural instinct was instrumental in helping the men gain the fruits of asceticism. The objective and the goal of crusaders were to spread Christianity at the available possible cost over the whole world. Generally, the major factor that contributed to the coming of the crusaders to the Muslim Levant was because of the strong and immediate policy that attempted to make Christianity universal even at the edge of sword in a ll parts of the world. The expeditions by the western church to capture and secure the Holy land resulted into the establishment of domains in Levant. This represents a broader struggle between the Christians and Muslims that tested the ability of each religion to control Levant. Christians thought the influence of the Muslim society in Levant

Currant Legislation for Home Based Childcare Essay Example for Free

Currant Legislation for Home Based Childcare Essay LawI would like to provide you with the following up to date legislation impacting on home-based childcare to ensure that your children are provided with the best possible care whilst with me. Sex Discrimination Act (1975) This Act states that all children are not discriminated against on the grounds of their sex and such discrimination is eliminated. It promotes equal opportunities between children no matter of their sex. Race Relation Act (1975) Amended 2000 This Act states that all children are not discriminated against their race and ensure early years providers work towards the elimination of unlawful discrimination and promote equal opportunities between children of different racial groups. Education Act (1981) This Act became law in 1983 and tried to provide adequate safeguards, rights and duties for all those concerned with the education of children with special educational needs and to ensure these children’s rights to be integrated into the life and work of the community. It also recognised parents’ rights regarding their children’s education. Public Health (Control of Disease) Act (1984) and Health Protection Agency Act (2004) All these legislations are focused on protecting people’s health, covering notification and exclusion periods for certain infectious diseases. Exclusions for children include exclusion from schools, places of entertainment or assembly. Education Reform Act (1988) The National Curriculum was introduced into England, Wales and Northern Ireland as a nationwide curriculum for primary and secondary state schools following the Education Reform Act 1988. Children Act (1989) This is the basis of the current child protection system in England and Wales and was introduced to consolidate and clarify previous legislation. It established the principle that a child’s welfare is paramount in any decisions made about their upbringing. It states that every effort should be made to preserve a child’s home and family links and also introduced the notion of parental responsibility. It details how local authorities and courts should act in order to protect the welfare of children. Education Act (1993) This Act is an education measure with the aim of making important changes to the education system in England and Wales. It has various chapters which give details on the responsibility for education, addressing children with special educational needs, setting out the requirements of school attendance and providing details in regard to admissions and exclusions. It also gives parents the right to ask for their child, which is under 2 years of age, to be formally assessed. Code of Practice for the identification and assessment of Children with Special Educational Needs (1994 revised 2001) This Code of Practice provides practical advice to educational settings, including Early Years settings, on carrying out their statutory duties to identify, assess and make provision for children’s special educational needs. Reporting of injuries, diseases and dangerous occurrences regulation (RIDDOR) (1995). Major injuries, which include fractures other than to fingers, thumbs or toes, amputation, dislocation, loss of sight (temporary or permanent) * Accidents resulting in over 3 day injure * Notifiable diseases * Dangerous occurrences * Gas incidents Food Safety amp; General Food Hygiene Regulation (1995) This Act is not currently applicable to registered childminders but acquiring a basic Food Hygiene Certificate is considered good practice. Food should be prepared and provided in a hygienic way. Safety controls are in place, maintained and reviewed. Food safety hazards are identifies by doing risk assessments and implementing appropriate solutions. Family Law Act (1996) This Act sets out guidance on safeguarding and promoting the child’s welfare. Disability Discrimination Act (1995) This Act states that it is illegal to treat disabled person less favourably than a non-disabled person. Settings are required to make reasonable adjustments to prevent disabled people being discriminated. Education Act (1997) This Act incorporates all previous Acts since 1944. It recognise the rights of parents regarding their children’s education and set a time frame on the legal process for identifying and assessing a child’s needs as set out in the Code of Practice. Code of Practice for First Aid (1997) The Code of Practice sets out standard practice and guidance for trained first aiders and gives tailored advice to show different people in industry what they need to do to meet their legal responsibilities for health and safety. Human Rights Act (1998) The Act incorporates the European Convention on Human Rights into UK law. Children are covered by this legislation although not specifically mentioned. Protection of Children Act (1998) The Act states that the Secretary of State shall keep a list of individuals who are considered unsuitable to work with children. Data Protection Act (1998) It relates to information held about an individual. This includes medical records, social services files, facts and opinions about an individual. Anyone processing personal data must comply with the eight principles of good practice. T This Act introduced the Early Years Foundation Stage (EYFS), a statutory framework that sets the standards for learning, development and care of children in the period between child’s birth and their fifth birthday. It is designed to ensure that children receive a good start in life and build a solid foundation to prepare them for school and life. The revised EYFS is effective from September 2013. Safeguarding in Child’s Welfare (15th April 2013) This guidance sets out how organizations and individuals should work together to safeguard and promote the welfare of children and how practitioners should conduct the assessment of children.

The various types of Dividend policies used by companies

The various types of Dividend policies used by companies Dividend policy has drawn due attention from various researchers. One of the most famous studies in this respect is Miller and Modigliani hypothesis (1961), which asserted that the cash dividend policy is not important because it has no effect on the companys value, and as such it does not affect the company owners wealth. This is due to the fact that companies follow a Residual Dividend Policy which is based on reinvestment of corporate profits in the available investment opportunities (Van Horne 1983; Arnold 2008) with positive net present value and distribution the surplus cash as a cash dividend to shareholders. The above hypothesis aroused a lot of controversy on the part of researchers. However, the most important study that opposed it is that of Partington (1985) which claims that the companies do not follow in practice the residual dividend approach as the dividend decisions taken independently from the investment policy. Right now, controversies continue among researchers based on the subject without arriving at any decisive results This chapter will study the public dividend policy to shareholders, which is considered to be one of the most important financial decisions, in view of its direct relationship to shareholders and financing decisions and investment in the company. The chapter will also cover the alternatives to be addressed consisting of general dividend policy and theories that linked the cash dividend policy with the company market value, and therefore the company owners wealth in addition to the share dividend policy and buying back policy, besides the cash dividend policy and its relationship with the investment policy 2-2 General Dividend Policy The Company Board suggests distribute dividend to shareholders in an annual meeting (Watson and Head 2004). The main interest is to suggest acceptance and secure fair dividend for shareholders consistent with the rate of dividend decided by the company management. Therefore, in preparing dividend distribution, the mangers do not look only for current year profit, but they, instead, will look for the future earnings expected, and hence for the ability of the company to maintain a stable rate of dividend taking into consideration the systematic growth of this ratio. On their part, the investors are aware of this truth, and they look for a profit increase in a positive vision expecting throughout a stability of the future dividend. When the company achieves high profits for a particular year and do not expect the same level of profit for next years, they will make normal dividend and give additional dividend so as not to disappoint the investors hopes in the future. The profits are then divided into two dividends, a normal and an incremental dividend, to make notification to investors that this type of dividend is unexpected and would not continue in the future (Levy and Sarnat 1994). There are several alternatives for the profits dividend. The company may either distribute the profits in the form of regular cash dividends, or it may distribute profits in the form of shares dividends to shareholders. However, the above two types may be distributed at the same time. Besides that, shareholders can also obtain profits when the company tends to repurchase its shares, and considers the regular cash dividend as something quite common (Broyles 2003). The percentage of the profits distributed by the company is typically governed by several considerations. In addition to the law which prohibits the distribution of profits unless the company achieves a profit after deducting reserves, the contracts of the bonds, in case the company issues these bonds, often prevents companies from increasing the proportion of cash dividend on a certain level to secure the rights of bondholders (Watson and Head 2004). Thus, the general dividend policy may well looked upon on the basis of differentiating between the cash dividends and the shares dividend through capitalization of profits, or through buying back the companys shares. This is due to the fact that the investment policy is fixed. The company will thus detain profits to finance capital spending on growth and expansion or debt repayment, or extinguish the bonds if any, and distribute the remaining cash as a cash dividend, and also to finance any deficit in capital spending by issuing new shares or through outside borrowing. The company could detain the necessary funds to finance capital expenditure and re-buy part of the shares issued and distribute the remaining as a cash dividend. These alternatives will not affect the companys value, and therefore the wealth of shareholders, if the company is operating in market characterized by ideal, efficiency and depth (Merton and Modigliani 1961; Black and Scholes 1974; Peter 1996). In case such characteristics are absent of the market, one can expect arguments about the impact of dividend policy, particularly cash, on the value of the company, and therefore the wealth of shareholders. The second group (Gordon 1959; Blume 1980; Dyl and Weigand 1998; Koch and Shenoy 1999) believes that increasing the percentage of cash dividends would increase the companys value, thus increasing the shareholders wealth, while the third group (Litzenberger and Ramaswamy 1979; Blume 1980; Litzenberger and Ramaswamy 1982; Ang and Peterson 1985) believes that increasing the percentage of cash dividend will lead to a decline in the value of the company, thereby reducing the wealth of shareholders. These groups together with their theories will be discussed when dealing with the policy of cash dividend. The profits will be transferred to return earnings account, which is used for purposes determined by the board and the approval of the General Assembly of the company. This account is usually used to maintain a stable dividend amount of cash dividends (a systematically dividend policy). During the years where the company cannot meet the amount of normal dividend, they will tend to the return earnings account to insure any deficit. The General Assembly of the company has full authority to use this account for normal or abnormal cash dividend in whole or in part. It could also be used for company repurchase share, or for capitalization this account and distribution of share dividends to shareholders. On their part, shareholders can obtain their profits through a set of policies that can be combined in a single year, but it often takes one of the following alternatives(Watson and Head 2004): A cash dividend policy Shares dividend policy Buying back shares policy 2-3 Cash Dividend Policy The impact of cash dividend policy on current prices of the company shares is considered to be very important, not only for policy makers, but also for investors, portfolio managers, and economists interested in the performance of capital markets (Watson and Head 2004). The questions to be raised here are: Can managers maximize the wealth of the owners of the company through a particular dividend policy? (Lumby and Jones 1999) Are the companies with high dividend sold with premium? Should the shares of companies that retain their profits or distribute a percentage of its profits, be sold as well in a lesser price? The fact is that these questions were, and still are, the subjects of many applied studies. Until now, there seems no consensus on the answers to these questions. The reason is the presence of other relevant factors that affect the market value of the shares that enable us to measure the impact of dividend policy on profits alone. This means that researchers did not so far prepare both proper and adequate tests and studies to distinguish between different hypotheses. The arguments among researchers about the dividend policy focus on that part of the cash dividend to be distributed to shareholders and its impact on the companys value and therefore the wealth of the owners of the company. Miller and Modigliani (1961) see that the cash dividend does not affect the value of the company, as the companys value will not be affected by how earned profits are divided; but rather affected by the ability to achieve profits. Thus, there is no point in thinking of how to divide profits between dividends and return earnings, while thinking must be directed towards maximizing these profits through the optimal investment policy as the way by which the cookie is divided will not lead to increase its size. In the opinion of others (see, Olson and McCann 1994; Lipson, Maquieira et al. 1998), the manner in which profits are divided between dividends and return earnings affects the companys value through an increase or decrease in the demand for the company shares, as the investors with high incomes usually prefer companies without cash dividend if the value of taxes on cash dividend exceeds the taxes on capital gains, while investors typically prefer companies that cash high dividends if they do not pay taxes or who were in low category of taxes. Also, investors in growing companies may not ask the company to distribute high cash dividends and accept, instead, low cash dividends. This is because the internal return rate in these companies is usually greater than the costs of obtaining funds from sources other than return earnings, and thus maximize the wealth of shareholders through the detention of all or most of the profits and use them to finance projects which have positive present v alue. Investors in non-growing companies, on their part, look for high dividends (see, Walter 1963). From the foregoing discussion, it is viewed by many scholars that the harmony between cash dividend policy with investor wishes will affect the market value, due to any increase or decrease for the company shares emanating from this harmony or compatibility, which will be reflected on the price of its shares. The decision of cash dividend policy, particularly its cash portion, is one of the challenges facing company managers, because the distribution decision defines the funds to be given companys shareholders, and therefore the funds to remain for managers in the company to reinvest (Lumby and Jones 1999). The cash dividend policy can be considered as an action plan for the company to be followed when the company needs to make a decision regarding cash dividends, so that this plan could provide several options from which the company can choose to reach the desired goal. Such a plan is laid taking into account the following two main goals: Maximizing the wealth of shareholders and meeting the company needs to finance its investments. There are several factors affecting the decision to choose the most appropriate alternative among the alternatives available in the action plan. These factors are: legal, contractual, internal shareholders and market considerations. These factors reduce the available alternatives for the company in order to achieve its aims through a cash dividend policy practice. The available alternatives include the companys range of cash dividend policies the company could follow (Gitman 1997; Brigham and Houston 2004) . These include: Fixed dividend policy rate Regularly dividend policy Regularly low fixed dividend with special or added dividend Remaining cash dividend policy. These policies will be discussed in detail as follows: Fixed Dividend Policy Rate This percentage is determined by apportionment of dividends on profits earned. The percentage distribution of 80% of the net profits derived mean that the company will distribute 80% of its profits and reserves 20% of retained earnings. Since corporate annual profits are not fixed, adopting this policy will lead to a fluctuation in the amount of dividends because the stability of the dividends rate from non fixed profit leads to a difference in the amount of the annual dividends, which is the main criticisms of this policy. Since the fluctuation of the quantity of dividends is one of the benchmarks that measure the risks of the company and because the non fluctuation of the profits is usually seen as something positive for current and future performance of the company, the prices of company shares that follow such a policy may be adversely affected by this policy. Regular Dividend Policy The company, according to this policy, pays fixed rates as a dividend each year. For example, they may pay $0.2 per share each year, which will be fixed next years. This policy gives a positive indicator about the company because of the stability of the quantity of dividends, leading to reduce the risks of uncertainty. The companies that follow such a policy tend to increase the dividends rate whenever they feel that the increase in profits is steady and continuing in the future. Low regular fixed policy with special or added dividend Some companies follow a policy of systematic low dividend with additional dividends when the companys profits are unstable and highly volatile so that the companys profits are high in a given year but low in another, which makes it difficult for it to follow a regularly high-level profits distribution policy be able to maintain it. The company, therefore, seeks to pay low dividends characterized by being consistent and continuous and then pay other additional and unusual dividends in the years where it can secure high profits. The company thus has been able to achieve consistency and continuity in the level of profitability, which are indicators of great importance on the part of investors, who consider this as something necessary for building confidence with the company. Remaining cash dividend policy The optimal cash dividend rate for any company is best determined by the differentiation between a numbers of factors (Brigham, L. et al. 1999) Shareholders preference for cash dividend or capital gains. Investment opportunities available for the company. Optimal structure mix for the companys capital (money sources). External financing costs The last three factors combined affect the remaining dividend policy which is based on distributing cash dividends which exceeds the companys to finance all company investment opportunities that have positive present value. The company should make the following three steps when applying the remaining cash dividends policy (Brigham and Houston 2004) Identifying all the available investment opportunities which have positive present value and in which the company wishes to invest. Determining the optimal structure mix of capital that achieves the lowest cost. Using the profits to finance new projects with positive present value because of their low cost in comparison with new share issues in case they represent the best combination of capital. Based on this concept, and as long as the money needed by the company to reach the optimal mix of the capital structure is the equity funds , and not money borrowed, and as long as the need for funds exceeds the companys achieved profits and return earnings, the company will not make any dividends distribution for shareholders (Van Horne 1983). But in case the funds needed are less than the return earnings, the company will take its cash needs and distribute the exceeded money as a cash dividend for shareholders. Besides that, if the optimal capital structure mix does not make it incumbent upon the company for financing or allowing to borrow without leading to the level of damage risks of the company, the company then may distribute profits to shareholders because of lack of need and also because these profits are considered as surplus (Arnold 2008). 2-3-1 Factors affecting cash dividend policy A combination of factors affect the cash dividend policy and put pressure on the management when a dividends proposal is submitted to the General Assembly to be taken as a justification of reference for the Assembly when ratifying or adjusting this proposed. These most important of these factors are arguably (see, Damodaran 1997; Gitman 1997; Brigham, L. et al. 1999; Brigham and Houston 2004) the following: legal, contractual, internal, growth and the expected expansion, shareholders preferences for cash dividend or capital gains and capital market considerations. These factors are explained here in some details: Legal restrictions Cash dividends should not exceed the total of retained earnings plus net profits for the current year. This is known as the Impairment of Capital Rule. If the companys net profits equal to $500 thousand and it the retained earnings of $ 2 millions, then it should not distribute profits more than $ 2.5 million; but if there is retained loss within equity amounting to $200 thousands, then it should not distribute more than $300 thousands. Contractual restrictions Usually borrowing contracts restrict the amount of profits allowing the company to distribute to shareholders to ensure the rights of the lenders. When the company issues borrowing bonds, the contracts usually include both permissions and restrictions from the date of bonds issuance till bonds date off. The bonds contract often will not allow the company to distribute cash dividends only if they exceed the amount earned in a certain amount. The contract might also prevent the company from increasing the percentage distribution of normal profits or may determine the profits that could be distributed by the companys net profits for distribution. The company accepts such conditions on themselves to reduce the risks of borrowing from the viewpoint of the lender, thus reducing borrowing costs. There are also restrictions on cash dividends imposed upon issuance of the preferable shares of the company. In this respect, it is natural to restrict the distribution of any dividends to ordinary shareholders unless they pay all preferable share profits. Internal constraints The companys ability to pay cash dividends is affected by the quantity of liquid funds available, not by profits and return earnings only. Although the company could resort to borrowing for financing the cash dividend or issuing new shares to finance the dividend process, the companies often do not do that because of high costs for this decision. The company can use it in urgent cases to stabilize the amount of dividends, since the fluctuation of the value of dividends may convey a cost that could be higher than the distribution finance costs. Thus, the companys ability for cash dividends or desire to distribution is often constrained by liquid funds available. Company expected growth and expansion The volume of capital expenditure required for financing expansion and growth significantly affects cash dividend policy adopted by the company. If the company is in continuous expansion and development, using modern technology, they will need all the funds available to finance operations. On the other hand, the companies that have reached the stage of maturity are more able to distribute cash dividends than companies in growth. Shareholders preference for cash dividends or capital gains One of the management functions is to maximize the company owners wealth therefore we should take into account the owners interests when preparing the cash dividend policy. The companys ability to distribute cash profits and desire to do so are often constrained by several important factors affecting the interests of company owners (Brigham, L. et al. 1999): Tax status of the companys owners: If most of the companys owners are affluent are in high tax brackets, the company will resort to a dividends policy whereby it can reduce the impact of taxes on the shareholders profits. Investment opportunities available for company owners If shareholders can obtain returns for re-investing their profits exceeding the companys returns, the company must distribute a greater proportion of profits to enable shareholders to maximize their wealth by reinvesting these profits. But if the companys returns are more than shareholders returns, then the company must transfer the maximum part of their profit to return earnings for reinvestment in order to maximize the shareholders wealth. The steady control of former shareholders If the company tends to distribute all, or most, of profits achieved over the years, it will find itself forced to issue new shares to finance the expansion and development projects. This would first lead to mitigate and minimize the control of the companys former owners of the company; and then the profits to be gained would be reduced because of the increasing number of company owners due to the issuance of new shares. This situation could be remedied through the allocation of shares, by allowing old shareholders to subscribe for new shares, each according to his/her contribution and giving them priority in this respect. The company could also resort to another alternative, i.e. to reduce the proportion of cash dividends if they want to retain full control over old shareholders and show no inclination towards increasing the number of shareholders. Stable and clear dividend policy Investors give special importance to the stable and clear dividends policy. Also, they give special importance for the continuity of these dividends because they believe that the stability, increase, and continuity of dividends would surely lead to reduce risks from the standpoint of investors. Therefore, investors tend to discount returns of companies whose policies of distribution are characterized by stability, increase and continuity at a discount rate less than other companies. This means that they highly evaluate these companies; in other words, they ask for a less rate of returns, thereby reducing the companys capital cost. Profit information content Investors are interested in the informational content of the profits. Through these profits, they can read the management forecasts for company future profits. As the mangers have more precise information about the company investors, on their part, will give special attention to the informational content of the profits. 2-3-2 Theoretical Framework for Dividend policy and its impact on market value We can clarify the theoretical framework for the relationship between the dividend policies (cash, shares and repurchase) and market value of the company through the Irrelevant Theory was brought by M M in 1961. They suggested that there was no relationship between the dividend policy and market value. Many researchers have supported this theory, but also others have suspicion about it. The advocates researchers believe that companies should follow residuals dividend policy while the opponents researchers divided into two divisions, the first believes that there is a positive relationship between the dividend policy and the company market value, others said that this relationship is negative. The relationship between the dividend policy and the company market value is also affected by other dimensions which create a number of other theories, where we find that the uncertainty created a bird in the hand theory , the presence of taxes helped to find a Tax Effect Theory, either shareholders loyalty has created a Clientele Effect Theory, Management try to send some information through the dividend policy covered by Signaling Effect Theory, while the separation of management and owners (shareholders) has created Agency cost Theory. Therefore, we can draw the theoretical framework for the study through the following form: Theoretical Framework (figure 2-1) Share Dividend Positive Relationship Negative Relationship Irrelevant Market Value Relationship Dividend Policy Irrelevant Theory Relevant Residual Dividend Policy Bird in the Hand Theory Tax Effect Theory Clientele Effect Theory Signaling Effect Theory Agency Cost Theory Cash Dividend Share Repurchasing 2-3-2-1 Irrelevance Proposition There is a belief among many finance and economics specialists that cash dividends policy is not important because it is not relevant and does not affect the owners wealth. The source of this belief is a study conducted by Miller and Modigliani (1961). This study concluded that the dividends policy has no effect on the companys value, so the managers will not be able to maximize the owners wealth through a dividends policy. The irrelevance proposition concept for dividends policy on the owners wealth stems from the fundamental idea that companies which distribute continuous high cash dividends to shareholders and secure a little bit higher share prices (Archer, Choate et al. 1983; Lumby and Jones 1999). As a result, the investors capital gains are very limited in this company as he would receive the same returns received by other investors holding another companys shares with low dividends while its prices become high because of the return earnings, and so he obtains high capital gains which compensates the limited cash dividends. In both cases, the shareholders wealth is the profits obtained by cash dividend plus capital gains realized from rising share prices. In case there are no taxes or whether taxes on capital gains are equal, the investor will not be affected, whether the company has established cash dividends or kept the profit in return earnings and the investor has obtain capital gains when se lling his shares as a result of the rise of the companys shares by cash undistributed profits with no change in the other effective factors. This theory is based on the following assumptions (Merton and Modigliani 1961): There are no taxes, or the taxes rate on cash dividends and taxes rate on capital gains are equal. There is no transactions cost for the process of selling or buying shares so that, if the investor needs cash, he will be able to sell his shares without losing any commissions and fees instead of cash dividends. The investor is absolutely rational in his decisions. There are no agency costs. This means that the company managers that distribute low cash dividends do not use the company profits to achieve personal goals that may harm the company (Jensen 1986). The company operates under a full and efficient market, which means that the information is available and accessible to all at the same time without any costs, and the stock prices reflect information and absolutely influenced by it at the moment provided. There is no information gap, including that the company operates under a full and efficient market. The future outlook on the performance of the company is homogeneous among all investors, as so do information and expectations among managers and investors. According to irrelevance proposition, the dividend policy affects only the level of external financing required to finance future projects with positive net present value. This means that each dollar distributed to shareholders represents a capital loss of a dollar. According to this hypothesis, the only constraint to the companys market value is the companys investment policy, not the companys dividends policy followed. This is because the investment policy is responsible for future profits (Miller and Modigliani 1961). Accordingly, the companys decision on the distribution of cash or non-profit distribution would not affect the market value of the company and therefore would not affect the owners wealth. This hypothesis recommends that managers should give greater importance to the investment policy and let the dividends policy follow the investment policy, which is known the Residual Dividend Approach. The advocates of the irrelevance proposition hypothesis (Black and Scholes 1974; Miller and Scholes 1978; Merton and Myron 1982; Merton 1986; Peter 1996) adopt the idea that the investor can build his own cash dividends policy regardless of the companys dividends policy. This is known as Homemade Dividend(Merton and Modigliani 1961) where the investors can obtain income through selling part of his shares equal to the value of cash profits that could have been distributed by the company, if the company does not have cash dividends and the investor himself wishes to receive cash dividends to meet his consumer needs. He may wish also to reinvest cash dividends distributed by the company in case the investor shows no desire for cash dividends. By following this method, the investor will not be affected by the companys dividends policy, and therefore would not be compelled to abandon the stocks of companies followed by a dividends policy which is not consistent with his wishes. One of the criticisms against the irrelevance proposition hypothesis is that it cannot be practically acceptable. The theory of building a dividends policy for each investor based on efficient market, with no transaction costs for buying and selling (Dempsey and Laber 1992), is not practical. In addition, the investor will pay taxes on cash dividends or capital gains, making the adoption of a specific dividends policy for each investor something costly. Besides, the investment in companies whose cash dividends policy is consistent with the investors needs is less expensive than building a special dividends policy. The hypothesis has been built on the basis that the investor is quite rational when taking his decisions. The psychological tests have proved, however, that human beings are not rational one hundred percent with regard to decision-making. Shefrin and Statman (1984) in their study said that investors have an unreasonable preference regarding the profit dividends; this is not consistent with the irrelevance proposition hypothesis. The irrelevance proposition hypothesis is also criticised for assuming equality between the cash dividends and capital gains, while cash dividend is a cash in hand without any uncertainty risk, and the capital gains is cash in the future with a lot of risks. So, how can they be equal? The irrelevance proposition hypothesis has been built on a set of assumptions and data that have already been indicated. It is understood here that any change in these assumptions and data would naturally lead to a change in the basic hypothesis and therefore to a change in the results. Accordingly, and in practical terms, the financial markets in general do not agree with these assumptions.

Mary Catherine Batesons Improvisation In a Persian Garden, Annie Dilla

Mary Catherine Bateson's Improvisation In a Persian Garden, Annie Dillard's Seeing and Leslie Marmon Silko's Landscape, History, and the Pueblo Imagination This paper will analyze Improvisation In a Persian Garden (Mary Catherine Bateson), Seeing (Annie Dillard), and Landscape, History, and the Pueblo Imagination (Leslie Marmon Silko). Going through the Purpose, audience, context, ethics, and stance of each author’s piece. All three stories show the reader what each author sees. All three authors write of an event that took place in their individual lives. Both Dillard and Bateson go back and forth between the past and the present, while Silko talks of events that took place only in the past. In Seeing, Annie Dillard writes about the things people do not see, and the things people choose to see. Dillard does this to make the reader aware of what is around them. People have the attitude of â€Å"what you see is what you get.† (Dillard pg. 13) Dillard believes that people do not actually want to see what is really there. That people only want to see what makes them happy. Dillard goes on to discuss all the things we see and do not see, ending by stating â€Å"if we are blinded by darkness, we are also blinded by light†. (Dillard Pg.17) Dillard is saying that if you look hard enough there is always something to see. Improvisation in a Persian Garden Bateson wants the reader to see, how adults do not always see things better than children. The author (Bateson) is trying to explain the sacrifice of a sheep to her two-year-old daughter. The author wants other parents to have an idea, as to how to educate a young child in this sort of situation. Bateson begins to notice that she too is learning something for the first time â€Å"beca... ...ose to see, and start seeing what you are afraid to see. In Improvisation in a Persian Garden Bateson writes as herself twenty years earlier. Dillard takes a different view writing not as herself but as a child. Silko writes in the present state with memories of what was heard as a child. Each story is dealing with how people see different things and why. Bateson and Dillard are the most alike with Silko being the most different. The first two both describe everything around them. Silko describes what she hears not sees through his own eyes. Works Cited Anne Dillard, Seeing, A Sense of Place, Forbes Custom Publishing 1999 Leslie Marmon Silko, Landscape, History, and the Pueblo Imagination, A Sense of Place, Forbes Custom Publishing 1999 Mary Catherine Bateson, Improvisation in a Persian Garden, A Sense of Place, Forbes Custom Publishing 1999

Organic foods

Organic foods are defined as foods without pesticides, antibiotics,or gefetically altered organisms. Organic farming began in the late 1940’s in the united states, and in recents years it has grown into a multi-billion dollaer industry. Sales for organis foods in the past decade have increased annually by 20%. Its 20% growth is ten times as much as non-organic food’s growth. Organic food makes up only a fraction of the food market even though there are over ten million consumers. The sales of organic foods are expected to climb to over 6 billion dollars within the upcoming years. Soil is also a crucial component of the organic process. Soil is said to be organic when it has been deemed ‘clean’ for three years. Making a commitment to healthy eating is a great start towards a healthier life. Beyond eating more fruits, vegetables, whole grains, and good fats, however, there is the question of food safety, nutrition, and sustainability. How foods are grown or raised can impact both your health and the environment. This brings up the questions: What is the difference between organic foods and conventionally grown foods? Is â€Å"organic† always best? What about locally grown foods? Organic food, natural cleaners, green businesses, even organic clothing; natural and organic products continue to be the centre of attention for those seeking a healthier lifestyle, but just what is organic food, is this organic trend long-lasting, and what organic food facts provide compelling reasons to grow, shop, cook and eat organic food. Today, organic food accounts for 2% of global food sales and is growing at an average rate of 20% each year. Today, you can have your organic food delivered, buy it online, at your local grocery store, grow it yourself and order organic food at many restaurants. This continuing rise in demand creates a need for regulations to protect both consumers and farmers. Organic food is not the same thing as natural food. Natural refers to the way a food is processed rather than the ingredients. A food that is free of additives and preservatives, but contains commercially-produced ingredients, is considered natural. Organic food contains primarily organic ingredients, while natural foods may be made with items grown with the aid of chemicals as well as genetically modified ingredient and it is not just apples and bananas. Nearly every food available also has an organic version in today’s market. Organic milk, chicken, and even pasta can be found right on the shelves of your neighbourhood supermarket. Many leading food manufacturers are creating organic food in convenience packaging to fit into modern lifestyles. Canned organic tomatoes and frozen organic peas are among many options. Organic food is not bland and tasteless. In fact, most people claim organic ingredients are fresher and more flavourful than conventionally grown foods. Chemical residues, added ingredients, and hurried, mass production detract from the natural juices within fruits and vegetables. Organic food is free of chemicals, leaving nothing but pure, fresh flavour. Regulations and procedures for organic certification are still relatively new but organic farming and cultivation are not. Farmers were using natural, chemical-free methods of growing long before pesticides and fertilizers were available. As more research continues to reveal the dangers of these chemicals to both humans and the planet, consumers continue to explore the benefits of organic food. The advantages of arganic food are that you can choose to grow and/or buy food that is healthier for you, and the environment; cooking and eating organically also often offers more flavor and better tasting foods. Use organic farming methods and organic gardening tactics such as organic garden fertilizer and compost to grow your food; the organic food advantages and organic food benefits are significant for you, your family and the planet. Organic food benefits have been a hot topic for more than a decade now but it wasn't until relatively recently that these advantages were supported by more than just hearsay. Extensive research conducted over a number of years has proven that organic food not only tastes better than commercial foods, but it is also better for us and our children, as well as our animals, wildlife, and the environment as a whole. Care and maintenance of soil, and preventive farming methods like crop rotation create fruits and vegetables that contain up to 50% more vitamins, minerals, and other nutrients than intensively farmed foods. Encouraging natural and organic farming methods and gardening practices, will allow organic soil to rebuild and contribute healthy vitamins and minerals to feed the crops, and you. Organic foods have higher levels of many disease-fighting antioxidants and essential vitamins, including Vitamin C. Industrial pesticides and fertilizers used in intensive farming contain synthetic, toxic chemicals, residues of which remain in the food they are involved in producing. Organic farming uses natural, synthetic-chemical-free methods that produce foods much safer for the humans, as well as the animals, that consume them. And if you grow your own fruits and vegetables, using organic garden fertilizer, natural pesticide methods, and organic soil Such chemicals are responsible for a number of common allergies and have also been linked to serious diseases like cancer and Alzheimer’s disease. An organic diet significantly lowers these risks. Organic foods Organic foods are defined as foods without pesticides, antibiotics,or gefetically altered organisms. Organic farming began in the late 1940’s in the united states, and in recents years it has grown into a multi-billion dollaer industry. Sales for organis foods in the past decade have increased annually by 20%. Its 20% growth is ten times as much as non-organic food’s growth. Organic food makes up only a fraction of the food market even though there are over ten million consumers. The sales of organic foods are expected to climb to over 6 billion dollars within the upcoming years. Soil is also a crucial component of the organic process. Soil is said to be organic when it has been deemed ‘clean’ for three years. Making a commitment to healthy eating is a great start towards a healthier life. Beyond eating more fruits, vegetables, whole grains, and good fats, however, there is the question of food safety, nutrition, and sustainability. How foods are grown or raised can impact both your health and the environment. This brings up the questions: What is the difference between organic foods and conventionally grown foods? Is â€Å"organic† always best? What about locally grown foods? Organic food, natural cleaners, green businesses, even organic clothing; natural and organic products continue to be the centre of attention for those seeking a healthier lifestyle, but just what is organic food, is this organic trend long-lasting, and what organic food facts provide compelling reasons to grow, shop, cook and eat organic food. Today, organic food accounts for 2% of global food sales and is growing at an average rate of 20% each year. Today, you can have your organic food delivered, buy it online, at your local grocery store, grow it yourself and order organic food at many restaurants. This continuing rise in demand creates a need for regulations to protect both consumers and farmers. Organic food is not the same thing as natural food. Natural refers to the way a food is processed rather than the ingredients. A food that is free of additives and preservatives, but contains commercially-produced ingredients, is considered natural. Organic food contains primarily organic ingredients, while natural foods may be made with items grown with the aid of chemicals as well as genetically modified ingredient and it is not just apples and bananas. Nearly every food available also has an organic version in today’s market. Organic milk, chicken, and even pasta can be found right on the shelves of your neighbourhood supermarket. Many leading food manufacturers are creating organic food in convenience packaging to fit into modern lifestyles. Canned organic tomatoes and frozen organic peas are among many options. Organic food is not bland and tasteless. In fact, most people claim organic ingredients are fresher and more flavourful than conventionally grown foods. Chemical residues, added ingredients, and hurried, mass production detract from the natural juices within fruits and vegetables. Organic food is free of chemicals, leaving nothing but pure, fresh flavour. Regulations and procedures for organic certification are still relatively new but organic farming and cultivation are not. Farmers were using natural, chemical-free methods of growing long before pesticides and fertilizers were available. As more research continues to reveal the dangers of these chemicals to both humans and the planet, consumers continue to explore the benefits of organic food. The advantages of arganic food are that you can choose to grow and/or buy food that is healthier for you, and the environment; cooking and eating organically also often offers more flavor and better tasting foods. Use organic farming methods and organic gardening tactics such as organic garden fertilizer and compost to grow your food; the organic food advantages and organic food benefits are significant for you, your family and the planet. Organic food benefits have been a hot topic for more than a decade now but it wasn't until relatively recently that these advantages were supported by more than just hearsay. Extensive research conducted over a number of years has proven that organic food not only tastes better than commercial foods, but it is also better for us and our children, as well as our animals, wildlife, and the environment as a whole. Care and maintenance of soil, and preventive farming methods like crop rotation create fruits and vegetables that contain up to 50% more vitamins, minerals, and other nutrients than intensively farmed foods. Encouraging natural and organic farming methods and gardening practices, will allow organic soil to rebuild and contribute healthy vitamins and minerals to feed the crops, and you. Organic foods have higher levels of many disease-fighting antioxidants and essential vitamins, including Vitamin C. Industrial pesticides and fertilizers used in intensive farming contain synthetic, toxic chemicals, residues of which remain in the food they are involved in producing. Organic farming uses natural, synthetic-chemical-free methods that produce foods much safer for the humans, as well as the animals, that consume them. And if you grow your own fruits and vegetables, using organic garden fertilizer, natural pesticide methods, and organic soil Such chemicals are responsible for a number of common allergies and have also been linked to serious diseases like cancer and Alzheimer’s disease. An organic diet significantly lowers these risks.

Management Functions

Introduction Management can be defined as a creative problem solving which is accomplished through four basic functions: planning, organizing, leading and controlling. All functions are vitally important as failure to accomplish one function may lead to failure of the overall project. Actually, in accounting firm management functions are necessary to develop effective allocation of resources and to achieve the desired objectives and missions. Planning is defined as the process of setting missions and objectives which are of top priority for accounting firm. Organizing is defined as coordinating and controlling of tasks and information within firm or company. Leading is defined as influencing employee by means of motivation, leadership and discipline. Controlling is defined as establishing and measuring standards of performance based on company’s missions and objectives. (Higgins 1998) Management Functions Planning function is considered fundamental from others are being developed. Planning is important for accounting firm as today’s’ decisions will directly affect the future of the firm. For example, in accounting firm financial manager is ready to go to organizing function only after goals and objectives are set. Planning affects all levels of management in accounting firm. Nevertheless, planning characteristics are varying from level to level. Planning suggests setting vision, missions, goals and objectives. Vision is defined as non-specific motivational guidance. Mission answers the question why business exists. In accounting firm, mission answers the question about the necessity of bookkeeping. For example, one possible mission of accounting firm is to create net income balance for particular project or company. Objectives define market standing, productivity, financial resources, etc. Finally, goals are defined as â€Å"specific statements of anticipated results that further define the organization's objectives†. (Erven 1999) Organizing function ensures establishment of firm’s internal organizational structure. In accounting firm this function focuses on controlling accounting and financial tasks and coordinating the flow of financial information within the firm. Organizing suggests also labor division, authority delegation, departmentation, span of control, and coordination. As far as accounting firm has more than two employees, it has to take these decisions into account. Division of labor suggests that employees are divided to perform particular tasks. Delegation of authority is, primarily, distribution of power within firm. In accounting firm delegation of authority can be used to make financial manager free to pay attention to high priority activities. (Woody 1998) Leading function is finding effective ways to guide employees’ work and to motivate them to perform better. Usually, this function is accomplished through effective interpersonal motivation, group dynamics, discipline and leadership. Actually, in accounting firm I am working in leading aims at channeling the behavior of employees to accomplish set goals and objectives. Nevertheless, the role of leader is vital as he should help people to stay motivated. Moreover, leading function is responsible for leading the flow of project accomplishing. Leading play important role in accounting as this process should be controlled to avoid calculating mistakes and not to waste time for checking in future. (Erven 1999) Controlling function is measuring performance and taking prevention measures if necessary. The control process is, actually, a cycle process. In accounting firm, controlling suggests identification of computation errors and problems before the project is returned to the customer. Controlling is related with all other management function as it is built on planning, organizing and leading. Usually, effective control systems are characterized by flexibility, accuracy, timeliness, cost effectiveness, and ability to control all business levels. Also controlling is my firm is used to revealing inaccurate information or lack of understanding the necessity of information. (Erven 1999) References Higgins, James. (1994). The Management Challenge. USA: Macmillan. Woody, Alexander. (1998). Staffing and Organizing the Management Accounting Function at Large Financial Institutions. Retrieved February 25, 2008, from http://findarticles.com/p/articles/mi_qa3682/is_199801/ai_n8760331 ; ; ; ; ; Management functions Management can be defined as the procedure of getting things done by means of and through human resource personnel by directing and inspiring their hard work towards achieving universal goals. Human resource in any organization is the most important asset since without them the management cannot attain the achieved goals since they are the one coordinating the activities of any particular organization. Secretary is part of the human resource in any organization and in fact he/she has a bigger role to play in achieving the organization’s goals and objectives. We can therefore say that the secretary just like the manager of any organization plays the role of being an enabler in that he/she must ensure that things are in order for the boss or other employees for them to carry out effectively without many difficulties. Discussion Functions of management are those of planning, organizing, leading and controlling and such all four functions requires that the secretary should have skills and knowledge on how to carry out such management functions in an organization in this case middle school organization. Planning is considered to be the primary function of management and actually encompasses establishing what should be carried out in future. Planning entails setting of objectives, processes, regulations and other tasks required for attainment of organization’s mission statement. Usually the best strategies are selected from various identified strategies and therefore will require forecasting the future and how best to attain the results that will ensure the success of the organization. As a secretary therefore skills of planning function must be utilized for example gathering and sorting information and ensuring how such information should be disseminated to other employees as well as planning what the senior managers will be required to do and notifying them on any changes. Such skills on how to plan effectively will be of great importance to the secretary in order to avoid conflicts and thus attainment of goals. (Maundy, 2001) The other function of management is that of organizing which involves arranging and allocating tasks in the workplace in order to attain the set organization’s objectives. In essence, organization function is responsible for how tasks will be divided and achieved efficiently and effectively. Usually the supervisors of all organizations are responsible for identifying tasks and subdividing work groups in to separate sections in an organization. However, the secretary plays a major role too since she has the responsibility of tasks specifications and assigning them to various employees as directed by the senior mangers. Therefore as the secretary for middle school the responsibility under this function will be that of ensuring that all the tasks to be done are clearly defined and divided to all responsible employees on time and such tasks are assigned to the most competent and qualified employees in the middle school. The other function of management is that of leading which involves directing human resource of an organization in the right path in order to achieve the set goals efficiently and effectively. Traditionally this function involves directing, educating and overseeing the employees within an organization. The secretary too plays this role in modern world by having the responsibility of guiding and coaching other labor force to achieve the set goals; for example in middle school as a secretary it will be of great importance to lead by example that is achieving the set goals and targets on time and guiding the rest of employees in the school to carry out their tasks without much difficulty. (Rampton, 2003) The other function is that of controlling which entails ensuring that the real performance achieved is matched with the intended results and also ensuring that corrective measures are undertaken if there are deviations from the set goals. This function goes hand in hand with planning such that if poor planning was done then the set goals will not be achieved and therefore will necessitate controlling function to efficiently redesign the plan in order to achieve congruent goals. As a secretary of middle school, this function will involve ensuring that any tasks allocated to individuals are finished in time and the target results are achieved from such tasks. Conclusion We can therefore conclude that, management functions apply in every organization and middle school level are not exceptional in order to attain desired goals. The secretaries therefore in such middle schools should be equipped with skills that will ensure that the above functions are coordinated well and with ease thus accomplishing the set goals efficiently and effectively. The management functions are considered to be continuous processes such that the effective accomplishment of one function will lead to attaining other functions smoothly within an organization. It is therefore necessary for all organizations to continuously provide training programs in order to sharpen the skills of there employees so that they can effectively perform the management functions with less difficulties. (Hilltop, 1994) Reference Hilltop J (1994): European Human Resource Management in Transition. New York, Prentice Hall, pp 23-76 Maundy L (2001): An Introduction to Human to Human Resource Management- Theory and Practice. Macmillan, Palgrave pp 12-45 Rampton L (2003): Human Resource Management. New York,   Ã‚  Melbourne press, pp 23-37