Monday, December 30, 2019

Essay First Day at College

Hot summer has just flown by, the college life is out there and the mind is blown up by the future perspective. How do we prepare for the very first day at college? The most important thing to take into consideration is the fact that the classes at college will turn into a completely new and different experience compared to the ones delivered in high school. Still, there are some key points one should keep in mind before facing with the first day at college. Be there early Same was in high school, but as for the college this rule carries a little bit more weight. The fresh man is a newbie to the campus and of course he or she has not the slightest idea of how to get around. That is why one should definitely plan some additional 30-40 minutes needed for hopeless wandering all over the place to finally reach the classroom. This will also provide enough time to take the comfiest place and get all the class materials together to be absolutely prepared for the lecture. There might be an assignment due! How often the freshmen get blindsided when the college tutor jumps straight into a quick discussion on the home task the student didn’t know was assigned? Lots of times! It is OK for the college and university professors to expect every student to have the task done for the very first day in college, as they prefer to get right into the material. As a rule, all the â€Å"pre-class† home tasks are sent on the email, uploaded on the web or printed to be kept on the news board. Laptop should be there with you! While using the laptop in high school class was usually frowned, it is welcome in college. Moreover, a lot of college professors encourage it! Having the laptop always at hand is the simplest way to take notes and find information related to the class discussion. Nonetheless, a lot of students tend to do the same mistake – they start scrolling their Facebook accounts when it’s time to study. Thus, those, who can’t boast of solid self-discipline, should definitely leave the laptop at home. Listen to the professor Especially, if the students happen to be in a large class. Professors do not have time to stop in the middle of serious conversation just to make sure you got the material. Of course, the students who yesterday were high school teens are used to more relaxed atmosphere. Still, in college things are different. A fresh man should pay the highest attention to any stuff that may need clarification. Get ready to work! When it’s about the high school, the first day is usually about playing some games and wandering over the campus. When it’s time for college, the first year student should be ready to have his/her academic mindset 100% ready. Being productive is the key to success! Taking notes is crucial The very first day at college is filled with tons of information. Tutors may provide valuable information on their methods of teaching and how to keep in contact with them in the best way. These segments of information are the most important things the freshmen should know for now. This was an example of the First Day at College essay, written by the writers of our custom writing service. To buy an essay on the necessary topic, please, fill in the Free Inquiry form in the top right corner of this page.

Sunday, December 22, 2019

The Scope of Woolf’s Feminism in A Room of One’s Own Essay

The Scope of Woolf’s Feminism in A Room of One’s Own Missing Works Cited A highly contested statement on women and fiction, Virginia Woolf’s extended essay A Room of One’s Own has been repeatedly reviewed, critiqued, and analyzed since its publication in 1929. Arnold Bennett, an early twentieth-century novelist, and David Daiches, a literary critic who wrote an analysis entitled Virginia Woolf in 1942 (Murphy 247), were among those to attempt to extricate the themes and implications of Woolf’s complex essay. The two critics deal with the often-discussed feminist aspect of Woolf’s essay in interestingly different ways. Bennett states that Woolf’s essay is not a feminist work, rejects the idea that Woolf’s discussion of women and†¦show more content†¦As Professor Wendy Nicholson said in her lecture on A Room of One’s Own, at the period in which Woolf was writing, feminism, by popular definition, meant wanting the vote for women. This is certainly not Woolf’s brand of feminism; having received the news of her inheritance at the same time as women won the vote, Woolf wrote that â€Å"of the two-the vote and the money-the money, I own, seemed infinitely more important† (Woolf 37). But although such matters as the vote are an important part of feminism, the word has evolved to embrace many non-political beliefs. Indeed, during Woolf’s time, there was a strong feminist movement outside of the political sphere, but the common conception was that feminists were only interested in the vote. In the most general sense, today’s definition of feminism is simply the belief in securing equal rights and opportunities for women. That women should be allowed equal opportunities to write fiction is the thesis of Woolf’s essay. Though her thesis is confined to fiction and does not extend into any other facet of society, the idea is feminist by this broader, more recent definition. In Bennett’s time, however, when the words â€Å"feminist† and â€Å"suffragist† were considered synonyms, Woolf’s blatant nonchalance about women’s suffrage may have been considered no t only non- feminist, but anti- feminist. ArnoldShow MoreRelatedAnalysis Of Alice Walker s Search Of Our Mother s Gardens Essay1910 Words   |  8 Pagesincluding ‘In Search of our Mother’s Gardens’ is an expression of her thoughts and ideas on the subject of black history and with it explores racism, oppression, slavery, self-identity, freedom, enlightenment and independence. She writes about the scope of her history as a black woman, both personally and through the past experiences of her ancestors. In an interview with John O’Brien, when asked what determines her interests as a writer she responded stating â€Å"I am preoccupied with the spiritual survivalRead MoreThe Hours - Film Analysis12007 Words   |  49 PagesThe Suicide of the Author and his Reincarnation in the Reader: Intertextuality in The Hours by Michael Cunningham Andrea Wild In his novel The Hours, Michael Cunningham weaves a dazzling fabric of intertextual references to Virginia Woolfs works as well as to her biography. In this essay, I shall partly yield to the academic itch to tease out the manifold and sophisticated allusions to the numerous intertexts. My aim, however, is not to point out every single reference to Woolf and her works--suchRead More Feminism Essay1813 Words   |  8 Pages Both Virginia Woolf, in a speech addressing a graduating all women class, and Naomi Wolf, in her text The Beauty Myth, contemplate feminism from an economic viewpoint. While Woolf believes women need money and a room of their own to have economic independence, Wolf gives credence to the fact that the beauty industry is hindering the independence of women. Through male pomposity, the conventional lives of women, obsession with physical appearance, and the reality that beauty is diverse, both

Saturday, December 14, 2019

Limit of Power the End of American Exceptionalism Free Essays

The Limit of Power: The End of American Exceptionalism In The Limit of Power by Andrew J. Bacevich, he argues about the major flaws Of United States with a general theme of â€Å"freedom† and how the U. S has an imperial ambition that uses military to try and guarantee ongoing consumption by the public for the economic power of the elite. We will write a custom essay sample on Limit of Power: the End of American Exceptionalism or any similar topic only for you Order Now Also he says that the fundamental flaw of American Foreign policy lies in the Imperial Presidency and the permanent Nation Security that controlled the formulation and executive of American Foreign Policy throughout the Cold War. This partnership grew and it is now entrenched in our bureaucracy since that time. From this Bacevich identifies three crises that the United States is facing: crisis of profligacy, political crisis, and Military crisis; but the current crisis presents an opportunity to fundamentally address our course or face certain and dramatic decline. First the author introduced the title â€Å"The Limit of Power† as United States search for freedom that has raised responsibility and surged the country with mass amount of increasing debt; without a solution to pay it off. Then he ties that in with the crisis of profligacy, where he discusses the ascendancy of the United States after World War II economic world order and the fundamental economic strength derived from the victory in the context of European and Japanese destruction. Earlier the United States achieved a stand of live that became the envy of the world, then that began to shift in the late Vietnam War period. This happened because post World War II the United States had been the number one producer of petroleum and later the companies determined the price of oil. Then there developed a decline that was irreversible and the price setting of crude oil became the responsibility of a new producing group, Organization of Petroleum Exporting Countries (OPEC) (p. 29). He moves on to talk about the economic decline and President Carters choice of energy dependency challenging Reagan’s optimism for the economy. This resulted in Reagan’s victory and a period of spending that was not supported by fundamental economic strength. Instead the trends then have only continued and debt has supplemented earning power in American life. Then the bills for the â€Å"profligacy’ eventually came due and the American way of life has outstripped the means available to satisfy it. In account to the political crisis, Bacevich argues that in the post-World War II, Congress renounced its role in the checks and balance system, allowing for the creation of the Imperial Presidency. The National Security rendered this situation intolerable by displacing the voters as the final conciliators of the American policy. Many Presidents come and go, but the National Security stays in place, much to the detriment of any President coming to Washington thinking they will actually change anything. Bacevich substantiates this with many examples of Presidents that become suspects of advisors. He also interposes the political crisis with a discussion about NSC-68; it provided the United States with an early sense of how the postwar habits of deferring to the Wise Men has wrought. The foreign policy exemplified by the two World War II era leaders, Henry Stimson and James Forrestal, showed their different styles; both were Wall Street republicans and served under Franklin D. Roosevelt, but yet they both had different traditions. When Stimson served, he exemplified the conservative reaction to circumstances and that meant that he was cool and measured. On the other hand James Forrestal was more of a pessimist and tended to emphasize potential threats as always imminent. Unfortunately it got to him so much that he broke down and committed suicide. Bacevich explained that while Stimson remained respected, the majority of advisors emulated Forrestal (p. 107). For the military crisis Bacevich builds on the previous crisis of profligacy and political crisis and moves into the area of his greatest strength of military policy. He puts together the various forms of conventional wisdom as they emerged at various times. Also he think that’s the endless War on Terror represents a clear over-extension of American capability and if continued will accelerate decline. Financially, the sputtering War on Terror and the unrealistic expectations of the American electorate will combine to continue unrealistic policies that solve nothing. Bacevich then lays out that the axiom that all â€Å"Small Wars† are wars of empire, and that is not what we should be engaged in prosecuting. Bacevichs argument blamed the military and the Bush administration for the crises that is occurring in the United Sates as merely irrational. The crisis cannot be solved by sending men and women of this country to a war that is constantly degrading them. The author also mentions the Department of Defense for not doing their job and what they actually do has nothing to do with their job description; instead it specializes in power protection (p. ). Bacevich sees no relevance for the Department of Defense with the exception of the war in Afghanistan and Iraq since September 11. He criticizes the government for reflecting its decision on the September 11 events. When the underlying problem is America’s failure to recognize that all our problems cannot be solved by replaces things like our head executive (president). The only way the U. S can move forward is realize that it is a hardworking, striving, independent country that long accomplished many things by working together to make American a place that it once was. Bacevich continues on his criticism of the Department of Defense for being more accurately described as the Department of Power Projection and it needs to get back to doing defense. Furthermore, he ends the military crisis chapter by stating that the essential problem is not the size of our Army, but what we are asking it to do. Military capability does not make up for age old fixed costs of conflicts. Moreover, any foreign policy needs to be grounded in sound fiscal policy otherwise it is unsustainable in the long run. For the most part I agree with Andrew Bacevichs viewpoints about the three of crisis that the United States is facing. He make a great point about how America and its citizens are a completely culture and have an entirely different mindset than just many decades ago. I completely applaud Bacevich for not holding back in diagnosing the problems that have long plagues the nation bust but are only now manifesting them to the public. This book is a must read because it is incumbent upon American people to arm themselves with what is happening to this country and what they can do as citizen. The focus is to first recognizing our limits then we can change the course of the United State. To an absolute great way to sum everything up Andrew Bacevich said â€Å"To hard-core nationalists and neoconservatives, the acceptance of limits suggests retrenchment or irreversible decline. In fact, the reverse is true. Acknowledging the limits of American power is a precondition for stanching the losses of recent decades and for preserving the hard-won gains of earlier generations going back to the founding of the Republic† How to cite Limit of Power: the End of American Exceptionalism, Papers

Friday, December 6, 2019

Difference free essay sample

Aims and Objectives, Similarities and Differences (Tesco’s and NHS) (M1) Similarities| Differences| Both NHS and Tesco’s have an aim to satisfy their customers/patients. They do this by offering outstanding services and making sure they solve their problems. | Tesco’s has an aim to make profit, whilst the NHS has an aim to provide a service for the public. Tesco’s make profit by getting good suppliers and NHS provides a service through tax payer’s money. Both NHS and Tesco’s have an aim to stay successful as they are both well-known businesses and organizations. | Tesco is a PLC (Public Limited Company) and NHS is more of a public service. | Both NHS and Tesco’s have aims to make sure there products are perfect. They do this by checking their products a number of times. | Tesco’s have an aim to grow their business whilst the NHS wants to keep on top of their patients. We will write a custom essay sample on Difference or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page | Both NHS and Tesco’s have aims to achieve higher. They do this by having regular meetings and coming up with new ideas. Tesco’s has an aim for their customers to keep coming back whilst the NHS have an aim to keep their patients out of hospital instead of them coming back. | Both NHS and Tesco’s have an aim to build a loyal team of staff. They do this by making sure they employee the best people for the job and they try to make their staff happy. | The NHS has an aim keep in touch with their patients after they have been treated, whilst Tesco’s doesn’t keep in contact with their customers after they’ve visited the store. |

Friday, November 29, 2019

The Yearling Essays - English-language Films, The Yearling

The Yearling In The Yearling by Marjorie Kinnan Rawlings, the author portrays the experiences of life in the backwoods of Florida in the late 1800s. Here life is simple, but survival is difficult. The roaming wildlife and lush landscape provide many adventures for a young boy, such as Jody Baxter. Along with the adventures, there are responsibilities. The novel illustrates how Jodys sense of responsibility helps him to resolve his conflict between meeting his own need to raise the fawn, and meeting his familys need for survival. Raising his pet fawn contributed largely to Jodys enjoyable childhood. Flag, as Jodys pet fawn was named, tagged along with him everywhere even innocently interfering with his daily chores, such as chopping wood. Flag was very curious and pried into everything Jody did. Flag had indirectly become his pet, since he had been told by his mother that he could not raise the fawn as a pet because there was only enough food to feed the family. Flag became dependent on Jody, just as a pet would. Jody loved this too. It made him feel loved and needed, as Flag showed Jody his appreciation by always following him and brushing against him affectionately. As the only surviving child of his parents, Jody was lonely, both physically and mentally. His mother had become distant after losing six previous children and was not very fun. His father was too busy to play with him too as he was too involved in maintaining the familys survival. Flag had become his best friend after he lost his dear friend Fodder-wing Forrester to death. He loved having Flag around and some of their moments together became some of the most enjoyable and memorable moments in his childhood. Survival in the backwoods of Florida is difficult, and Jody must work with his parents for this purpose. There is constant conflict in the tough times they are experiencing, and everything has to be protected that his theirs. When their pigs come up missing, clearly stolen, Jody and his father Penny go looking for them only for his father to be bitten by a rattlesnake. When he kills a deer to use its liver to draw out the poison, Jody sees first hand the elements, unfair as they are, of life and death, and making sure that survival is understood. Jody is assigned chores, wood chopping, milking of the cows and whatever else that is asked of him. Even in his secrecy of taking acre of Flag he feeds him whatever he can often sacrificing his own food. But it becomes too much as Flag grows, needing more and more food. Survival in the backwoods of Florida was tough for the Baxters, and the other families of the area, food had to be hunted, crops had to be raised, and work on their proper ty went from morning until the sun set. It was all lessons for Jody as a boy of what he would be dealing with as a man. He had to grasp this too, though it was difficult. Jodys sense of responsibility helps him to deal with the fawns interference with the familys survival. When Jodys father becomes ill and he has to step up and do more, helping the familys survival being the most important thing, he then begins to see what his father and mother had always seen which was how Flags presence was interfering with the familys needs. When Flag destroys the tobacco crop and eats up the corn crop, he clearly understands that they cannot afford to keep and feed the fawn. His heart is broken over this. His father orders him to take Flag into the woods and shoot him. The lesson in this experience is traumatic but assists in his growth as a man. Ultimately he grows to understand that the most important issue is his family, and Flag, not realizing it at all, is dangerously destroying this survival. In the end, Jodys sense of responsibility helps him to resolve his conflict between meeting his own need and meeting his familys need. Jody starts in the story as the only surviving child of the Baxters. He is a child with a childs idea of

Monday, November 25, 2019

Discrimination Essay Example

Discrimination Essay Example Discrimination Essay Discrimination Essay In the articles Discrimination At Large by Jennifer Coleman and k, So Im Fat by Neil Steinberg, both authors discuss the battle of being overweight and the discrimination they experienced because of it. Coleman begins her article by describing how all fat people are touted by their appearance She states that all the people who wouldnt dare utter any anti-gay slogans or racial epitaphs are the ones who verbally abuse her due to her appearance. This abuse began from a young age; people would refer to Coleman as lazy and disgusting and eventually she came to believe it. She desperately tried to SSE weight by eating nutritious meals and doing many different exercises. No matter how hard she tried, she was never able to silence the comments of others. As her efforts to be fit continued, people continued to ridicule her appearance. Colleens belief is that the bullying of fat people is not inborn. She believes that this bullying is taught by society. Just as children learn to be sensitive toward the disabled, the author believes that children should learn to have the same sensitivity toward the overweight. In addition, Neil Steinberg k, So Im Fat describes his experience with being overweight. What Steinberg finds most unpleasant about being overweight- besides the excess weight- is the offensive behavior of thin people. He takes offense to their behavior whether it is intentional or not, and is even bothered by their very existence. Stingers peers assumed that weight loss was beyond his grasp.. They would offer him Diet Coke and refer to him lightly as Big Guy. Yet, Steinberg did not have a problem with thin people who didnt need to work for their weight. Steinberg found it easier to be around those who were effortlessly thin since they gave him the relief that being thin is no more than good fortune. When eating a profoundly fattening dessert at a party, Steinberg asked the hostess if she was planning to eat her own. She replied smugly saying that it was too fattening for her. This behavior of a thin person bothered him since the hostess did not mind serving foods that werent suitable for herself. At this point he looked in the mirror and finally saw the man he had become. Both Coleman and Steinberg describe personal experiences with being overweight and the unfair treatment that comes along with it. They share the experience of obvious disdain displayed by thin people toward them. They both feel that the overweight are looked down upon and treated unfairly. They both reflect on the treatment of thin people towards them. Those who are thin made them feel inferior and Coleman and Steinberg despised it. Both these authors confronted themselves and realized that they had issues with their weight. Just like any other weakness or disability, obesity is an individuals exclusive issue. Therefore, this problem is not something to be made fun of. Just as it would be not be ridiculed. An overweight person has the personal choice of whether to do something about his weight or not and it is out of place for another to intervene.

Thursday, November 21, 2019

CIS 498 discussions Coursework Example | Topics and Well Written Essays - 250 words

CIS 498 discussions - Coursework Example The mind-set and behavioral changes have an impact on an IT leader’s ability to promote change in many ways. IT leaders should have the ability to recognize that there are success and failure patterns of behavior when promoting change. Hence, it becomes easier to observe the reaction of employees when there are changes. Understanding the specific mindset and the behavior associated also ensures that the IT leader has a level of insight on how to deal with employee reactions. Some of the top ten considerations mentioned by Roberts in Chapter 5 which are necessary when IT professionals are evolving into consultants include strategic thinking, active listening, empathy, trust and influence (2011). To achieve all the ten mentioned requirements, IT professionals need to be strategic thinkers, business acumen and know how to interact with others. The most paramount consideration among the ten is trust. IT professionals cannot achieve the ten considerations if he or she is not trustworthy. One strategy for negotiating project scopes without having problems in businesses would be to apply his or her technology expertise to become indispensable in a business. This allows the IT professional to deal with different clients in a business unit with different ideas. Project manager’s skills and training are changing because of new technology and customer preferences. The changes in technology require project managers with new skills. The skills that project managers possessed 10 years ago cannot work in today’s projects. These changes have been advantageous to the business because people now embrace new ideas and products and are willing to spend more on new innovations. Having a project management office is one of the best ways of boosting IT efficiency in an organization. To facilitate the starting of a project management office in my organization, I would be my own project manager but hire a consultancy company which would

Wednesday, November 20, 2019

The necessity of human resource management Essay

The necessity of human resource management - Essay Example It helps in determination of objectives. No organization can succeed in its mission unless its objectives an identified and well denied. Management helps in achieving these objectives by the efficient use of resources. "Management is the art of getting things done through other people. Management is the dynamic, life-giving element in every business. Without it the resources of production remain resources and never become production." (Sharma, 2004) The people working in an organization are a valuable resource whose talents have to be developed and utilized in the best manner possible for the achievements of organizational objectives (Sherlekar, 1999). Meaningful personnel policy is based on the implied understanding that human resource constitutes the essential capital and assets of any business. Without this no business can prosper nor can it survive. The growth and success of the enterprise and the rate of human investment have positive and high correlation. If human investment is adequate and time, money and energy spent in planning, obtaining and developing the human resource are considered as integral part of overall corporate plan and policy, there is no reason why economic investment should not be fruitful (David et al, 2004) Firstly, management is a social process. ... Management is concerned with making such an interaction productive and useful for achieving organizational goals. It is the pervasiveness of the human element that gives management its special character as a social process. Secondly, management is an integrating process. Management is regarded as a process integrating human and other resources to achieve predetermined goals. Managers apply their knowledge and skills to achieve the desired result. For this purpose, it is necessary to create unity of effort or teamwork in the organization. In order to develop team spirit, managers has to synchronies different activities, relate means to ends, and strike an appropriate balance between organizational and individual goals. Thus management is regarded as an integrating process. Thirdly, management is a continuous process Management is an ongoing continuous process. It involves continuous handling of problems and issues. Management constantly identifies the problems and tries to solve them (Sherlekar, 1999). 4.0 Staffing Staffing may be defined as the process involved in identifying, assessing, planning, evaluating and developing individuals at work. The managerial function of staffing involves manning the organizational structure through the proper and effective selection, appraisal and development of personnel to fill the roles designed into the structure. 4.1 Phases in Staffing Process 4.1.1 Manpower Planning Manpower planning may be regarded, as a process of determining quantitative and qualitative needs in relation to manpower in an organization. It may be expressed as a process by which the management ensures the right number of people and right kind of people, at the right place, at the right time

Monday, November 18, 2019

Human resources management final exam Essay Example | Topics and Well Written Essays - 1000 words

Human resources management final exam - Essay Example In addition, leadership should provide the required information and resources for realising that vision, and balance and coordinate conflicting interests among members and stakeholders (leadership, 2010). Leaders, whilst shouldering responsibility for the entire group, should also motivate their following and ensure that they realise their objectives. They should also ensure continuity and momentum, permit change if warranted, and should be sufficiently ahead of the group (ME96 Leadership, n.d.). A transactional leader ensures compliance, by providing incentives, threat of punishment, and appeal to the altruistic leanings of the group members or their sense of rationalism. On the other hand transformational leaders have to improve themselves, asses the leadership situation, and circumstances in which their followers reach beyond the extant requirements. Such leaders have to fully employ their followers, thereby fulfilling their higher necessities (Martin, 2006, p. 46). These leaders are strongly governed by their mission and enjoy a dedicated following. Leadership is distinguished by being unidirectional, static and intrapersonal. What commences as a process of mutual influence amongst individuals culminates with the passage of time, mutual interaction and an array of contextual elements engenders a leadership identity that is fixed and lasting (De Rue and Ashford, 2010, p. 628). Managerial skill emerges from external sources, standards of an organisation and procedures. The policies of an organisation could constitute the justification for managerial decisions. Leadership emerges from awareness or the leader’s ability to process information (Blank, 2001, p. 19). Leaders decide on the basis of what they consider to be significant and what demands attention. Leaders are not born, and there is no hereditary plan or inborn arrangement that creates a leader. History is replete with individuals who were termed leaders, as they were able to attract supporters (Blank, 2001, p. 8). The process of making others willing followers requires certain skills. Leadership is a skill that can be bettered through practice. It can be improved by personal experience and the organised study of the relationships between people (Are leaders born or made? 2011). Leadership may be obtained and developed through intentional practice. Although leadership has considerable influence, there are other factors that affect organisational effectiveness. Some of these are investments, strategic planning, marketing and product development, secondary capacities, motivation and input (Larsson and Vinberg, 2010, p. 318). Good leaders necessarily possess risk forbearance, and the capacity to control others and increase the value of their surroundings. They should also have sufficient courage to express themselves, and the capacity to accept rejection of their initiatives (McCrimmon, 2011). Question 2 Change Change in variegated forms is an inescapable truth of life. Indiv idual concentrate on change and the adaptations required to deal with its effects. On occasion, individuals themselves effect change (How We Change, Stages of Change, n.d.). Change is the universal bedrock, which is especially true of enterprises that are actuated by market pressures. Such business entities have to incorporate in their objectives, better quality, productivity and flexibility; uninterrupted innovation and the capacity to change, in order to provide an adequate response to market demands. Effective

Saturday, November 16, 2019

Financial Performance Review of Hup Seng Perusahaan Makanan

Financial Performance Review of Hup Seng Perusahaan Makanan REVIEW OF THE FINANCIAL PERFORMANCE Hup Seng Perusahaan Makanan (M) Sdn.Bhd has performed very strongly in our financial year ended 31 December, 2008. Not only the revenue has surpassed the RM200 million mark for the first time in HSIBs history, profit before tax hit a record high of RM21 million for the financial year ended 31 December, 2008 increased from preceding year corresponding period of RM6 million by a hefty RM15 million or 250%. The Groups record profit is respectable indeed, considering a challenging operating environment in which high cost pressures are the order of the day in better part of the year. By keeping close momentum with volatile movement of major material prices, the Group has promptly reacted with cost recovery exercises in February 2008 and again in June 2008 to protect the margin. Nevertheless, prices for most of the key input materials were falling from historical high towards the end of third quarter impacted by fear of global recession as a result of credit crunch. The continued efforts to enhance operating efficiency within the Group have also contributed greatly towards the bottom line of the year, best ever achieved in the Groups history. Revenue rose by 14% to RM220 million as compared with preceding year corresponding period of RM193 million amid a lower production volume. The increase was largely due to selected price adjustments necessitated by the steep increases in raw material costs. The Group has no borrowings and has a cash balance of RM21 million as at the end of the financial year. Net asset per share stood at RM2.10 and earnings per share (EPS) improved significantly from 7.9 sen in 2007 to 26.8 sen. Background Hup Seng Perusahaan Makanan (M) Sdn. Bhd., established in 1958, has been a household name synonymous with quality biscuit manufacturing. Today, it is one of Malaysias leading biscuit manufacturers with many accumulated outstanding achievements. Through continuous upgrading, our products have been honoured with numerous awards worldwide, marking important milestones for the companys history. In recognition of Hup Sengs stringent quality management system, the company was awarded the prestigious MS ISO 9002 Quality System Certification from SIRIM in 1995 and upgraded to MS ISO 9001:2000 Quality System Certification in 2003. In 2005, the Prime Minister Dato Seri Abdullah Badawi awarded Hup Seng with the Industry Product Excellence Award (Eminent Product Performance Award). Being responsible to consumers and upholding Malaysian food prestige internationally, rigorous food safety and hygienic control strategies are employed to ensure safety and hygiene of products. In mid-2007, Hup Seng was accorded with the HACCP (Hazard Analysis Critical Control Points) and BRC (British Retail Consortium) Certification. This has educated consumers on food safety and hygiene and at the same time fostered their confidence in Hup Sengs products. With an international market coverage that spans Asia, Africa, Oceania, Europe and North America, Hup Sengs products have captured the hearts of consumers, young and old in many corners of the world. Henceforth, Hup Seng shall continue to upgrade, improve and reach new peaks of excellence. ACHIEVEMENT The subsidiary, Hup Seng Perusahaan Makanan (M) Sdn Bhd., was accredited with the Certification of HACCP (Hazard Analysis Critical Control Point) and BRC (British RetailConsortium) in Year 2008. CORPORATE SOCIAL RESPONSIBILITY The Group recognizes the importance of a corporate culture that emphasizes good corporate social responsibility. The Group is committed to play its role as a caring corporate citizen. In line with this, the Group has taken initiative in making contributions toward the local community, for instances donations to various schools and associations. In the workplace, the Group places high importance on safety, health and employees development. For example, a committee relating to workplace safety is set up to promote awareness of safety in workplace. Various sports activities were organized for healthy and balanced working lifestyle for employees besides encouraging networking and socializing between colleagues and peer. OUTLOOK AND PROSPECTS Malaysia economic expansion disappeared in fourth quarter 2008 and it barely remained above water with a negligible growth of 0.1 % that led a full year growth of 4.6% as compared to 6.3% of 2007. The slower growth was due to the worsening global economy that had caused a significant drop in the countrys exports. The global economy is getting more critical and all signs indicate deeper and prolonged recession. Any improvement will hinge on the state of development in the US and other bigger economies in the world. The countrys grossdomestic product forecast for this year has been revised downwards to between -1% and 1%, from 3.5% earlier. The management expects 2009 to be another very challenging year for the Group in view of growing global economic uncertainty. In this environment, the Groups strategy remains focused on product and service quality, flawless operation and cost control. At the same time, the Group will continue to look for ways to sustain its competitive position whil e remaining focused on operational efficiency so that satisfactory results are achieved in the coming year. FIVE-YEAR GROUP FINANCIAL HIGHLIGHTS 2004 2005 2006 2007 2008 Financial year ended 31 December RM'000 RM'000 RM'000 RM'000 RM'000 Turnover 186,482 180,968 188,338 193,115 220,329 Profit After Tax 6,564 5,098 6,807 4,757 16,071 Net Earnings Per Share 11 sen 8.5 sen 11.3sen 7.9sen 26.8 sen Board of Directors Keh (Kerk) Chu Koh Keh (Kerk) Chu Koh, Malaysian aged 66, is the Chairman of the Company. He became a member of the Board of Directors on 4 October, 1991 and was appointed as the Managing Director on 3 August, 2000. Subsequently, he is redesignated as Chairman on 1 February, 2003. He was the Deputy Managing Director of Hup Seng Perusahaan Makanan (M) Sdn. Bhd. (HSPM) on 13 October, 1974 and then the Managing Director of the same on 1 April, 1977. He was appointed as the Deputy Managing Director on 21 April, 1977 and subsequently the Vice Chairman of Hup Seng Hoon Yong Brothers Sdn. Bhd. (HSHY) on 1 January, 1990. He is the brother of Kuo Choo Song and Kerk Chiew Siong, and uncle of Kerk Chian Tung, Teo Lee Teck and Kerk Kar Han. His family relationship with shareholders of HSB Group Sdn. Bhd. (major shareholder of Hup Seng Industries Berhad (HSIB)) is disclosed in page 12 of this Annual Report. He does not have any conflict of interest with the Company except for certain recurrent related party transactions of revenue or trading nature that is necessary for day-to-day operations of the Group. He has no convictions for any offences over the past 10 years. As one of the founders of H up Seng Co., he has approximately 50 years of experience in the biscuits industry. He plans the Groups strategic business development and production development which includes the installation of various production facilities in the Groups factory and heads the research and development team which researches new varieties of biscuits. He contributed in obtaining the Certification of HACCP (Hazard Analysis Critical Control Point) BRC (British Retail Consortium) for HSPM in year 2008, to ensure that product safety and quality are in line with global standard. He travels abroad extensively to keep abreast with the latest developments in the biscuits manufacturing industry and to assess new market prospects for the Group. Kerk Chiew Siong Kerk Chiew Siong, Malaysian aged 56, became a member of the Board of Directors on 4 October, 1991 and was appointed as an Executive Director on 3 August, 2000. His position as Executive Director was redesignated to Non-Executive Director on 1 February, 2003. On 17 August, 2006, he then became the Non-Executive Vice Chairman of the Company. He was appointed as the Director of HSPM on 12 March, 1981 and then as an Executive Director on 1 January, 1990 before being redesignated as Vice Chairman on 1 February, 2003. He was a Director of HSHY on 15 February, 1988 and then became the Deputy Managing Director of the same on 1 January, 1990 before being redesignated as Executive Director on 1 February, 2003. He is the brother of Kuo Choo Song and Keh (Kerk) Chu Koh, and uncle of Kerk Chian Tung, Teo Lee Teck and Kerk Kar Han. His family relationship with shareholders of HSB Group Sdn. Bhd. (major shareholder of   (HSIB) is disclosed in page 12 of this Annual Report. He does not have any conflict of interest with the Company except for certain recurrent related party transactions of revenue or trading nature that is necessary for day-to-day operations of the Group. He has no convictions for any offences over the past 10 years. He has more than 33 years of experience in the manufacturing and marketing of biscuits. As head of the Quality Assurance and Business Development Department, he is responsible for devising strategies for market development and researching the potentials of the Groups products in existing as well as new markets. He also ensures the Groups biscuits manufacturing quality control system meets the MS ISO9001:2000 requirements. Kuo Choo Song Kuo Choo Song, Malaysian aged 77, is the Managing Director of the Company. He became a member of the Board of Directors on 4 October, 1991 and was appointed as the Executive Chairman of the Company on 3 August, 2000. Subsequently, he is redesignated as Managing Director in HSIB on 1 February, 2003. He had been a member of the Audit Committee until 12 December, 2007. He was appointed as the Managing Director of HSPM on 13 October, 1974 and as the Chairman of the same since 1 April, 1977. He was subsequently redesignated as Vice Chairman of HSPM on 1 February, 2003. He has been the Chairman of HSHY since 21 April, 1977. He has over 50 years of experience in the biscuits industry at management and board levels. He is one of the founders of Hup Seng Co. which was established in 1958 and subsequently became HSPM in 1974. He is the elder brother of Keh (Kerk) Chu Koh and Kerk Chiew Siong, and uncle of Kerk Chian Tung, Teo Lee Teck and Kerk Kar Han. His family relationship with shareholders of HSB Group Sdn. Bhd. (major shareholder of HSIB) is disclosed in page 12 of this Annual Report. He does not have any conflict of interest with the Company except for certain recurrent related party transactions of revenue or trading nature that is necessary for day-to-day operations of the Group. He has no convictions for any offences over the past 10 years. His job responsibilities include planning the Hup Seng Groups business development programs and representing the Group at various external functions. Other are: Kerk Chian Tung  (Executive Director),  Teo Lee Teck  (Non-Executive Director), Kerk Kar Han  (Non-Executive Director), Woon Chin Chan  (Independent Non-Executive Director),  Norita Binti Jaafar  (Independent Non-Executive Director), Mazrina Binti Arifin  (Independent Non-Executive Director),  Raja Khairul Anuar Bin Raja Mokhtar  (Non-Executive Director) and Wee Hoe Soon @ Gooi Hoe Soon  (Alternate Director to Woon Chin Chan). Distribution Network Besides the domestic market, We also export our products to over 40 countries in Asia, Europe, America, Africa, Mid-Asia etc. We are proud of our record in building profitable and successful business in the most demanding and competitive of international markets. Our challenge lies in gearing to meet the future demands of the markets we serve. PRICE/EARNINGS RATIO The price/earnings ratio is a measure of the price paid for a share relative to the annual net income or profit earned by the firm per share. In year 2004, the price/earnings ratio for Hup Seng Industries Berhad is 0.13 times and increases by 0.05 times to 0.18 times in year 2005. The price/earnings ratio decreases back to 0.13 times in year 2006. However, the price/earnings ratio has been increases by 0.03 times again to 0.16 times in 2007. In year 2008, the price/earnings ratio decreases sharply by 0.12 times to 0.04 times only. A higher price/earnings ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with lower price/earnings ratio.   Thus, we notice that the stock in year 2008 is the cheapest where the investor will pay less for each unit of net income. PRICE/CASH FLOW RATIO Price/cash flow ratio is a measure of the markets expectations of a firms future financial health. It is calculated by dividing the companys market price by the companys operating cash flow per share in the most recent fiscal year. In year 2004, the price/cash flow ratio for Hup Seng Industries Berhad is 18.90 times. During year 2005, the price/cash flow increases by 1.65 times to 20.55 times. The ratio for 2006 is decreases by 0.95 times to 19.6 times. In year 2007, the price/cash flow ratio is 13.21 times and decreases by 3.66 times to 9.55 times in year 2008. The lower a stocks price/cash flow ratio, the better value that stock. PRICE/ BOOK VALUE RATIO The price/book value ratio is provides an assessment of how investors view the firms performance. It is calculated by dividing companys market price by the companys shareholders equity per share. Firms expected to earn high returns relative to their risk typically sell at higher price/book value ratio multiples. In year 2004, the price/book value ratio for Hup Seng Industries Berhad is 1.15 times and increases to 1.21 times by 0.06 times in year 2005. It is decrease by 0.11 times to 1.1 times in year 2006. Then, the price/book value ratio is decreases again to 0.98 times in year 2007. After that, it decreases again to 0.87 times in year 2008. The higher the ratio, the higher the premium the market is willing to pay for the company above its hard assets. PRICE/SALES RATIO The price/sales ratio is a valuation metric for stocks. It used to determine the value of a stock relative to its past performance. It may also be used to determine relative valuation of a sector or the market as a whole. It is calculated by dividing the companys market price by the companys revenue per share in the most recent fiscal year. The price/sales ratio of Hup Seng Industries Berhad for year 2004 is 8.75 times. In year 2005, it rises up to 9.79 times with increases by 1.04 times. In year 2006, it decreases by 0.41 times to 9.38 times. After that, the price/sales ratio decrease sharply by 2.54 times to 6.84 times in year 2007 and decreases again to 5.39 times in year 2008. A low price/sales ratio is usually thought to be a better investment since the investor is paying less for each unit of sales. Forecast For Year 2009 After we estimated for the growth of 7% for year 2009, we can make the forecast market value for year 2009. In year 2009, we expect that the price/earnings ratio still maintain with 0.04 times which has the same times with year 2008. As a result, the expected market value will decrease to RM1.10. Therefore, we expect the investors still paying less for each unit of net income, so the stock will become cheaper. For the price/cash flow ratio, we expect that it will decrease by 0.63 times to 8.92 times. As a result, the expected market value will decrease to RM1.10. Thus, the lower of stocks price/cash flow ratio give the better value that stock in year 2009. For the price/book value ratio, we estimate that it will decrease by 0.05 times to 0.82 times which will decrease to RM1.10 in the market value in year 2009. So we estimate that it has the lower premium that market is willing to pay for Hup Seng above its hard assets. For the price/sales ratio, we expect that it will decrease by 0. 35 times to 5.04 times. As a result, the expected market value will decrease to RM1.10. Thus, it seem that it will be a better investment opportunity in year 2009 for investors. Other Ratios Analysis Of Hup Seng Industries Berhad 2004 2005 2006 2007 2008 Leverage Ratios: Interest Burden 1.00 times 1.00 times 1.00 times 1.00 times 1.00 times Leverage 1.01 times 1.01 times 1.01 times 1.01 times 1.01 times Compound Leverage Factor 1.01 times 1.01 times 1.01 times 1.01 times 1.01 times Liquidity Ratios: Current Ratio 36.73 times 14.03 times 13.46 times 14.55 times 16.72 times Quick Ratio 36.73 times 14.03 times 13.46 times 14.55 times 16.72 times Cash Ratio 36.28 times 13.99 times 13.39 times 14.47 times 16.69 times Profitability Ratios: Return On Assets 9.57% 9.25% 8.59% 11.35% 13.39% Return On Equity 6.87% 6.08% 6.17% 8.32% 9.97% Profit margin 77.43% 75.74% 73.89% 79.97% 81.92% Comparison With Competitor (Hwa Tai Industries Berhad) Hwa Tai Industries Berhad is our strong competitor, so we compare our company with them through ratio analysis which are the ratio as table below: Hup Seng Industries Berhad Hwa Tai Industries Berhad (Year 2008) (Year 2008) Price/Earnings Ratio 0.04 times (1.12) times Price/Cash Flow Ratio 9.55 times (7.84) times Price/Book Value Ratio 0.87 times 1.28 times Price/Sales Ratio 5.39 times 0.33 times Since Hwa Tai Industries Berhad has net loss, so we cannot compare the price/earnings ratio of our company with it. According to statement of cash flow in Hwa Tai Industries Berhad, we notice that cash outflow is more than cash inflow which indicate negative in net cash flow. Therefore, we fail to make comparison among these two company. The higher the price/book value ratio, the higher the premium the market is willing to pay for the company above its hard assets. A low ratio may signal a good investment opportunity, so Hup Seng Industries Berhad has a better investment opportunity to investors because the ratio is only 0.87 times which is lower than Hwa Tai Industries Berhad that is 1.28 times of ratio. The price/sales ratio is one of the tools that will help investors determine which category a stock is in and help them to make an informed investment decision. The lower the price/sales ratio, the better the investment opportunity. Based on the table above, it shows that Hwa Tai Industries Berhad has a better investment opportunity to investors because it has the lower price/sales ratio than Hup Seng Industries Berhad. As a conclude, a smart investor will invest in Hup Seng Industries Berhad to earn more profit because Hup Seng Industries Berhad has high earnings per share which will give investors higher return. Besides that, Hup Seng Industries Berhad also has positive net cash flow which the cash inflow is greater than the cash outflow. As a result, the increasing of reliability of investors towards Hup Seng Industries Berhad will encourage investors to invest in this company.

Wednesday, November 13, 2019

Ethics in Professional Nursing Practice Essay -- Nursing Ethical Princi

This assignment addresses the implications relating to an ethical dilemma encountered in practice using an appropriate model of reflection. The assignment will highlight ethical theories and four guiding ethical principles, such as autonomy, beneficence, paternalism and non-malificence. The two main principles that will be discussed in depth will be autonomy and beneficence and how they impact on practice. I will use Bortons (1970) reflective model, which was taken from Jasper (2003). An incident, which occurred on practice placement, involved a patient’s decision to withdraw from active treatment. It is hoped that by exploring the incident in depth, a greater understanding of moral and ethical principles will be gained. All names that will be used within the text are pseudonyms. This is to ensure confidentiality, as stated by the Nursing and Midwifery Council (NMC 2004). Health care professionals have a legal and moral obligation to care. They have to respect the patient’s decision even though they themselves find it difficult (Butts and Rich 2005). Decisions are not unproblematic. They have to be rationalised, as there are many dividing thoughts, which must be acknowledged. The dilemma occurred whilst on practice placement with District Nurses (DN) in the community. It involved a 72-year-old female whom we shall refer to as Clare, who made a utilitarian decision to forego active treatment. It was an autonomous decision and the DN and I had to respect her choice but we were concerned with the practicalities associated with her judgment. Attempting to relieve pain and suffering is a primary responsibility for the nurse (Butts and Rich 2005). Clare was extremely weak and she was not able to take the sta... ...nsent 1: concepts and definitions. British Journal of Nursing, 12(1), 43-47. Singleton, J., & McClaren, S. (1995). Ethical frameworks of health care. London: Mosby. Tadd, W. (1998). Ethical issues in nursing and midwifery practice. Houndmills: Macmillan Press. Thomas, A. (n.d.). Patient autonomy and cancer treatment decisions. Retrieved from http://www.internurse.com on 26th October 2005. Thompson, D. (1996). Concise Oxford Dictionary. (9th ed.). London: BCA. Thompson, R., Melia, K., & Boyd, K. (2004.). Nursing Ethics. (4th ed.). Edinburgh: Churchill Livingstone. Wilkinson, J. (1997). Developing a concept analysis of autonomy in nursing practice. British Journal of Nursing, 6(12), 703-707. Wilmot, S. (2003). Ethics, power and policy: The future of nursing in the NHS. Basingstoke: Palgrave.