Internship Reflective Essay Samples

Internship Reflective Essay SamplesInternship reflective essay samples are some of the many things that the writers do as an intensive part of their course work. They are basically, the creative means through which the writers get used to do what is called the reflective writing.The reflective essay samples are those in which the writers get to write on a unique topic. This is done either from their studies and as an analytical research for the assignments. If the essay is on a subject on which they are especially knowledgeable then the writer will have to do a lot of analysis and try to find out the most probable ways of understanding the topic. If the essay is only reflective in the way that it contains facts and information then it is better if the writer has to do a little bit of critical thinking as well.The reflective essay is a good idea if you want to write a long-form essay. It is easier to write a reflective essay than a long essay. A reflective essay may also be a good ide a if you are really motivated. You do not have to worry about being overly precise if you want to give a long form reflective essay.The reflective essay is one of the best ways for the writers to practice what they know or have learnt. The writer usually takes a long time to get used to writing long-form essays but they really do get used to it in time. A reflective essay is not really written by the writer but rather by the reflective writing software. The reflective writing software not only gives the writer a few examples but also gives them examples of what they can do and how they can modify the essay accordingly. The reflective writing software assists the writer in knowing how to make the essay even more reflective.The reflective essay samples that are provided by the reflective writing software are generally well written but not exactly how the essay writers want it to be. It is up to the writer to use it in a good way. The reflective writing software can also give the write r a variety of different essays which they can choose to use in the reflective essay samples.When you are looking for reflective essay samples then you can always find it on the internet. The internet provides a vast range of various reflective essay samples which are freely available. You do not have to go out and buy the reflective essay samples. The internet has already made it for you. You just have to find the right reflective essay samples for you.The reflective essay samples may not be that perfect but it gives the writer the idea of how to go about writing a reflective essay. The reflective essay samples can make the writer realise how the reflective writing process actually works. You can get an idea of how to go about writing the reflective essay with the use of the reflective writing software.

Effect Of Unethical Practices On The Workplace - 2173 Words

Table of Contents 1. Introduction 3 2.0 Key Points of Views and Analysis 3 2.1 Effects of Unethical Practices 4 2.2 Ethics and Code 4 2.3 Role of the Different Stakeholders Groups and Associated Values 4 2.3.1 Stakeholder Management 5 2.3.1.1 Contractors 5 2.3.1.2 Clients 5 2.3.1.3 Government 5 2.3.1.4 Unions 5 2.3.2 Workforce Management 6 2.3.3 Compliance 6 3. Conclusion 7 4. References/Bibliographies 7 1. Introduction In the past 12 weeks, I have been brought on a rollercoaster ride through the construction industry in Australia. I am amazed at the influence unions have in the industry, and while I am not a big fan of them or their actions, I have understood that they speak for the workers, fight for their welfare and rights, ensure their safety on site, and the industry cannot dispense their existence. Together with Fair Work, and the Fair Work Australia Act, Occupational Health and Safety, they shaped the industrial relations in the industry. Australia has a historical legacy of low density urban planning and car dependence. The densification of the city from urbanisation has brought about studies into shifting housing paradigm, compacting residential environment while challenging with affordable and quality housing (Alves and London, 2012), to meet the estimated 7.7 million population by 2051 (Plan Melbourne, 2014), with the intention of a 20-minutes city in mind, Plan Melbourne is conceived. I n meeting high quality housing, there is the Building Act and StateShow MoreRelatedShould Prostitution Be An Illegal Business?1533 Words   |  7 PagesProstitution is a controversial topic with a faction of the society arguing that the ancient trade should be legalized whereas the opponents insist that prostitution should be an illegal business because it is unethical. The commercial sex effects and its nature elicit divided opinion because legalizing prostitution as a trade affects its characteristic as a gendered institution and social nature. A section of the society perceives prostitution as an unequivocal exercise of patriarchal control overRead MoreBusiness Ethics And Ethical Practices1503 Words   |  7 PagesBusiness ethics and ethical practices have been focuses by many businesses in recent years. Business ethics can help the company to create and develop it workplace culture as well as to increase the productivity of employees. Due to the rapidly change and improvement of technologies, ethical practices within of the workplace have also been changed with the raising of new ethical issues. Many studies and researchers have indicated that it is very importance to identify and understand the impact ofRead MoreEthical Issues Of The Workplace1494 Words   |  6 Pages Ethical Issues in the Workplace Student’s Name Task 1 Helen is facing a big problem and challenge as well. This ethical concern can be termed as a challenge rather than a problem since it has not taken a side that can be considered as a problem. The challenge is evident and if the alteration of the financial statement to suit the demands of the customers. In the case Helen changes the document then she will have gone against accounting ethical codes. If she fails to adjust the financialRead MoreUnethical Behavior Has A Negative Impact On The Public, Economy And Work Environment Essay910 Words   |  4 Pagesprofessionals, we have a duty to make ethical decisions and always put the general public’s interest before our interest. Repeatedly, the general public is being confronted with unethical behavior. Unethical behavior continues to be a persistent problem in the public, nonprofit and for-profit sectors. Some recent unethical behavior includes military sex crime cover-ups, police racial profiling, test score manipulation, un authorized use of government property and funds, and political corruption. OtherRead MoreEthical Issues in Human Resource Management Strategies936 Words   |  4 Pagesdetermine how employees fit in the organizations growth in the future. In business practices, the level of honesty and transparency is referred to as ethics. HRM strategies should guide employees on their workplace behavior. These strategies show the organizations expectations of its employees in regards to ethical issues. Some of the ethical issues are discrimination, harassment, conflict of interest, workplace diversity, and privacy. Discrimination An organization should make sure that its HRMRead MorePros And Cons Of Having A Professional Code Of Ethics1683 Words   |  7 Pagesfrom applying the professional code of ethics depending on the context of practices. For this reason, this paper discusses both sides: positive and negative effects of adopting professional standards. For the purpose of this assignment, it is important to mention that a professional code of ethics comprises of pros and cons that need serious intervention. Professionally, organizations tend to implement ethical practices that guide workers through legal frameworks, which violate the very definitionRead MoreOrganizational Justice, Ethics, and Social Responsibility Essay801 Words   |  4 PagesOrganizational Justice, Ethics, and Social Responsibility Chapter discussed Organizational Justice, Ethics, and Social Responsibility. While watching CNBC on television, I viewed a documentary on the energy company Enron. Their practices and ethics, or lack thereof are an excellent example of the topics contained in this chapter. Their disregard for ethical behavior and social responsibility, ultimately led to the demise of the company and also caused several members of the company in managementRead MoreEthical Dilemmas in Workplace1634 Words   |  7 PagesEthical Dilemmas in Workplace Personal values may conflict with ethical decision making if those personal values are different than the organizational norms of the business or institution. Constructing, and maintaining personal ethics in the workplace rests with the individual, and how willing he or she is in assimilating to the evolving cultural dynamic of the corporate world. Many times a person find their personal, cultural and/or organizational ethics conflicting and must reconcile a course ofRead MoreOrganizational Misbehaviour Is Important For Modern Day Managers1487 Words   |  6 PagesAcademy of Management defines what constitutes sexual harassment in the workplace varies from the context in which it occurs and the facts. This form of interpersonal bullying in the organisation takes many forms, which include deliberate and overt or indirect and unintended behaviour disturbing another individual of same, or opposite sex; amongst persons or peers in a hierarchical affiliation. Sexual harassment in the workplace consists of three facets, which comprise firstly of gender harassmentRead MoreMindfulness And Its Impact On The Workplace Essay1649 Words   |  7 Pagespositive effect to individual hence will affecting positive outcomes to organization. Conventional stigma of how people see process of managing can only be developed by experiences diminished slowly because mindfulness could be learned with training. Nevertheless, Bruce (Cited in David and Hayes 2011) doubt that mindfulness has significant impact to employee’s task, goals and bond in the workplace. The author believes that mindfulness needs measurement to prove it works on the workplace. The reason

Jon Krakauers Into The Wild - Free Essay Example

Sample details Pages: 3 Words: 940 Downloads: 5 Date added: 2019/03/28 Category Literature Essay Level High school Tags: Into The Wild Essay Did you like this example? There are so many unexplored areas of the United States, that many trek into the unknown. Into the Wild, by Jon Krakauer tells of the true story of a young Emory graduate named Chris McCandless who sets out to survive in the wilderness of Alaska without proper preparation. He is found dead in September 1992 at the age of 24. Don’t waste time! Our writers will create an original "Jon Krakauers Into The Wild" essay for you Create order The author retells the destressing yet inspiring events that led up to Chris McCandless death. Jon Krakauer utilizes logos and ethos, vivid imagery, and anecdote to explain that McCandless journey into the dangers of Alaska was not so unusual and crazy that others have perceived it to be. One of the main reason on why Krakauer wrote this book was to show that Chris was not some reckless or arrogant kid but instead a smart, courageous man. In order to do this, Krakauer uses the rhetorical devices of logos and ethos. Krakauer notes that, Chris was an Emory Graduate where he had been a columnist for and editor for the school newspaper and distinguished himself as a history and anthropologist with a 3.72 GPA (Krakauer, 20). Krakauer does this in order to show to the audience that there was much more to Chriss story than him being completely insane. Chris was intelligent and was on the way to becoming an incredibly successful man. This shows a side of Chris that appeals to peoples logos and makes them think differently of this boy. The question that then pops into ones mind is, How could such a bright kid make such a thoughtless mistake? This intrigues the reader and keeps them immersed in the book. An example of ethos is in the fourth chapter of the novel where Krakauer describes Chris on his two-month journey in the United States. He mentions how McCandlesss parents hired a private detective. The investigator began an extensive search, and finally found information in December, he learned from an inspection of tax records that Chris had given away his college fund to OXFAM. (Krakauer 31). The fact that Chris donated his college fund to charity also casts him in a gracious,moral light. The ironic thing is that OXFAM is an organization dedicated to feeding starving people, and that Chris McCandless died of starvation. Either way, this appeal to ethos also makes people view Chris in a better light, perhaps to make them feel like he was a great person. Another reason that Krakauer decided to write this novel is to show the audience who do not understand Chriss motives or are unsure to whether empathize or pity him, the reason why Chris had to go to Alaska. In the second chapter of Into the Wild, Krakauer begins describing the beautiful landscape of Alaska. Krakauers detailed and graphic diction brings the state of Alaska to life. Krakauer adds an epilogue from White Fang by Jack London to describe the weather conditions and add to the imagery in the chapter. The landscape consisted of a Dark spruce forest frowned on either side the frozen waterway. The trees had been stripped by a recent wind of their white covering of frost (9). Alaska is described as the Wild, the savage, frozenhearted Northland Wild (9). The author adds the epilogue from White Fang to help the readers better visualize the arctic and freezing wilderness of Alaska. The description creates a life-like image of the territory in the mind of the readers. Jon Krakauer makes use of dramatic imagery in order to effectively emit the authors perspective of Alaska, give background information on the setting of McCandless whereabouts, and make the readers feel as if they are freezing in the numbing cold of the Alaskan wilderness too. McCandless strategically planned his expedition across the country, starting by completely shredding his identity. But it begs the question why? Why would someone give up their whole entire existence to live in solitude? Was it arrogance or was he an unrealistic idealist? What Christopher McCandless represents is solely up for interpretation. How the audience interprets this story is up the individual who is reading the book. McCandless had always dreamed of just getting lost in the Alaska terrain but little did he know that would be his last adventure. While reading about McCandless life and death, one can almost claim that McCandless purposely did what he did in order for his story to be told. He left his writings in hope that one day someone will find them. However, it is held that McCandless had no intention of dying in the bus. One will never know what his plan was after leaving Alaska, and if he ever even planned to leave Alaska. Krakauer includes his own anecdote to show that he understands what Chris went through because he went through a similar situation as well. He uses it in his novel in order to prove to the audience that Chris is not crazy since he isnt either. The hint of what was concealed in those shadows terrified. In sight of something in the glimpse, some forbidden and elemental riddle. (Krakauer 156). Both Chris and Krakauer were both at one point in their lives searching for something in the wild, which made his tone in the novel empathetic. Krakauer proposes this argument in order to prove to the audience that McCandless was not insane for having this adventure due to the fact that Krakauer himself was not for having his. Author Jon Krakauer effectively utilizes rhetorical devices such as logos and ethos, imagery, and anecdote in the novel Into the Wild in order to convince the audience that Chris McCandless was not the type of person, people made him out to be.

Latin America a Legacy of Oppression - 2140 Words

Latin America: A Legacy of Oppression When the Europeans first arrived in Latin America, they didnt realize the immensity of their actions. As history has proven, the Europeans have imposed many things on the Latin American territory have had a long, devastating effect on the indigenous people. In the centuries after 1492, Europeans would control much of South America and impose a foreign culture upon the already established civilizations that existed before their arrival. These imposed ideas left the continent weak and resulted in the loss of culture, the dependence on European countries, and a long standing ethnic tension between natives and settlers which is evident even to this day. The indigenous people of South America, which†¦show more content†¦Once this ruling European presence pulled out of Latin America, the developing need for the presence became evident. After the Christianization of native Latin America, the general population had moved away from indigenous traditions and more towards European cultural aspects which caused a great dependency on European countries. The economic system that elite Latin Americans obviously associated with progress was European capitalism (Burns 9). One part of this dependency included an unjust economical system based on Capitalistic trade with European countries. One periodical described the economic system of the time as, an unbalanced and asymmetrical system. It is based on monopolies sustained by dominant groups and nations (Ribeiro). In this case, the dominant nations would include England, Spain, and Portugal and their victims would be the collective native people of Latin America. The same article continues to say, As far as homogenized powers enforce readjustment on the powerless around market dealings, it is evident that coercion is exercised by the strongest on the weak (Ribeiro). Through th is unbalanced economic system, European countries kept Latin America on the line between extreme poverty and mediocrity. The implication that another economically dominant country can impose their beliefs onShow MoreRelated Latin America: A Legacy of Oppression Essay2151 Words   |  9 Pages Latin America: A Legacy of Oppression When the Europeans first arrived in Latin America, they didn’t realize the immensity of their actions. As history has proven, the Europeans have imposed many things on the Latin American territory have had a long, devastating effect on the indigenous people. In the centuries after 1492, Europeans would control much of South America and impose a foreign culture upon the already established civilizations that existed before their arrival. These imposed ideasRead MoreHegemony, Resistance, Revolt Essay948 Words   |  4 PagesThe conquest of Latin America was a fairly quick process in which the theme of hegemony was vastly prominent. The cultures of colonialism and competitive nature to obtain wealth through exploitation were the main driving force of hegemony. It is natural to exploit the people of lower class or societal rank for ones own advantage, and that is what happened. As the pressure of power and control became overbearing toward the people, resistance was sure to fo llow. Looking at todays societyRead MoreThe Problem Of Gang Violence1356 Words   |  6 Pagesgreat problem in El Salvador in the last 30 years. Gangs have grown into large, complex organized crime units; the two largest gangs, MS13 (also known as Mara Salvatrucha 13) and Barrio18 (also known as Calle18), now encompass large parts of Central America. Both gangs rely heavily on local drug-peddling, which drives most of the general gang violence. The desire for control over certain areas had forged a fierce rivalry, in which civilians are often endangered when caught in the crossfire. In 2014,Read MoreBiography Of Ernesto Che 1545 Words   |  7 Pagestravel through South America like they planned in their childhood. They spent a total of seven months traveling through Argentina, Chile, Peru, and finally Venezuela. It was during this time that he observed several things that he never experienced before. He witnessed prevalent poverty and oppression faced by the majority of people inclu ding Indians still living in many of the areas of these countries. He blamed most of these problems on capitalist misuse of South America. When Ernesto returnedRead MorePost Independence, The Western Hemisphere1571 Words   |  7 Pagesdefined as the process of building or rebuilding state institutions to create a sustainable and legitimate state, became widespread . When Latin America got involved in nation-state building, territorial expansion brought about social issues with the lingering Spanish-Portuguese colonial influence and hierarchical distinctions based on race. Colonial legacies were partially responsible for why economic standing was associated with cultural background; this relationship contributed to conserved inequalityRead MoreThe Butterflies, By Latin American Women And Maria, Full Of Grace1128 Words   |  5 Pages In Malinche to In The Time of the Butterflies, all written by Latin American women and Maria, Full of Grace directed Joshua Marston, the women struggle with survival in various circumstances of abuse.Violence is created within patriarchal societies that sponsor inactiveness and reliance. Customary religious sophistication, where the Virgin Mary mentors, is unsure and slanted, discouraging sex and depreciatingwomen who boycott the recognized standards. Patriarchal pugnaciousness has grave psychologicalRead MoreP resident Franklin Roosevelt And The United States1699 Words   |  7 PagesDuring a 1928 goodwill speech in Latin America, President Herbert Hoover said, â€Å"We have a desire to maintain not only the cordial relations of governments with each other, but also the relations of good neighbors† (United States History). Hence, the Good Neighbor phrase was coined as the Coolidge Administration was criticized for armed intervention in Latin America. The Hoover Administration’s policies were created to strengthen relations with Latin America; for instance the retraction of the TheodoreRead MoreThe Participation Of The German Identity During World War II1228 Words   |  5 Pagessince the defeat of Axis powers in 1945, historians have repeatedly criticized the ex-ecutive order of Franklin D. Roosevelt that legalized racist targeting of Japanese-Americans dur-ing World War II. Due to such intense scrutiny, unfair wartime oppression against the Japanese has been widely public ized. On the other hand, forced relocation of German-Americans to in-ternment camps in Texas and other relatively rural states, often to a greater extent in its magni-tude and scope, has been disregardedRead MoreFidel Castro And His Legacy2042 Words   |  9 Pages8 Chandler Dixon English 1101 Final Paper December 13, 2016 Fidel Castro and His Legacy Was Fidel Castro the Tyrant of the Caribbean or a Great Revolutionary? With the recent death of one of the Western Hemisphere?s most recognizable rulers, the question arises as to the legacy of Castro and his Cuba. Castro is well known among the Baby-Boomers and Generation X citizens of the United States and Latin America. While in the United States we are taught one view of Castro as a tyrant, many citizensRead MoreSummary Of Writing A Case Of Reparations 946 Words   |  4 Pageswriting, A Case of Reparations, he states that reparation is a means of full acceptance of our collective biography and its consequences, and is the price we must pay to see ourselves squarely; Perhaps no statistic better illustrates the enduring legacy of our country s shameful history of treating black people as sub-citizens, sub-Americans, and sub-humans than the wealth gap. Reparations would seek to close this chasm. There are three major aspects in Coates’ article that have caught my att ention:

Interpreter Of Maladies By Jhumpa Lahiri - 866 Words

Interpreter of Maladies is a short story written in 1999 by Jhumpa Lahiri. She writes about an Indian couple who live in America and take a vacation to India. While on vacation Mrs. Das realizes that she does love her husband and her family after speaking to the cab driver. She realizes this when she sees her son get attacked by a group of monkeys at the end of the story. The tone of this story is complex and negative and the setting of the story is taking place in India while the Das family are on vacation. â€Å"Lahiri crisscrosses the continents, taking us from the beautiful city of Boston after a snowstorm, to a sun temple in the middle of India and back to staid university towns in other parts of America. Her settings, her weather and her sharp repartee are as familiar as the aroma of Indian food.† (ProQuest1) When introducing the characters, the narrator focuses more on the negative aspects of each character in the story. Mr. Das is obsessed with his new camera, Mrs. Das is bored with her family and the tour they are on and their kids are irritating. Mr. Kapasi is introduced as a man who has failed at things, lost his son, not a great job, and has an unhappy marriage. Interpreter of Maladies is written in a third persons’ view. Lahiri uses several writing techniques that complements her unique and influential writing style like Irony, Similes, and Imagery. Communication is a very important skill to have when in a relationship. In the story Interpreter of Maladies there isShow MoreRelatedThe Interpreter Of Maladies By Jhumpa Lahiri870 Words   |  4 Pagesimmigrants have to endure in order to achieve success in a new place. Two of the best representations of how Americans are observed when in a foreign country. The author of â€Å"The Interpreter of Maladies is Jhumpa Lahiri. Born in London and raised in Rhode Island, Jhumpa, whose real name is Nilanjana Sudheshna Lahiri. Jhumpa is a nickname given by her family. â€Å"Jesus Shavesà ¢â‚¬  author David Sedaris comes from a his middle-class upbringing in the suburbs of Raleigh, North Carolina, his Greek heritageRead MoreInterpreter Of Maladies By Jhumpa Lahiri2176 Words   |  9 PagesIn â€Å"Interpreter of Maladies†, Jhumpa Lahiri uses both art and language as symbols of the difficulty of belonging when stuck between two or more cultures. Born in London from Indian parents, then raised in the United States, Lahiri puts in this story her own feeling or removal into the characters: The Das, visiting a country that has become more foreign than homely; and Mr. Kapasi, who struggles to claim his identity through language and translation. Bilbro argues that a lot of Lahiri scholarhipRead MoreInterpreter Of Maladies By Jhumpa Lahiri1962 Words   |  8 PagesInterpreter of Maladies is a collection of fictional short stories by highly acclaimed author Jhumpa Lahiri. The book illustrates the lives of first- and second- generation Indian immigrants as they face the challenges and struggles of living a culturally conflicted life in the United States. Lahiri herself was a part of an immigrant household. She was born in London in 1967. Her mother and father were both immigrants from India. They moved to the United States when she was two years old. BecauseRead MoreInterpreter Of Maladies By Jhumpa Lahiri1609 Words   |  7 PagesWhether it’s living or interacting in a new environment surrounded by unfamiliar and distinct people, one may feel culturally out of place. That is exactly the theme Jhumpa Lahiri describes in each of her stories, â€Å"Interpreter of Maladies,† â€Å"Mrs. Sen’s,† and à ¢â‚¬Å"The Third and Final Continent.† In â€Å"Interpreter of Maladies†, we get a clear picture that the Das family, who are Indian-American, are the ones displaced here. We can see this throughout the behaviors that the Das family expresses in theirRead MoreThe Interpreter Of Maladies By Jhumpa Lahiri1515 Words   |  7 Pageswell as how we behave and think. In the many short stories inside The Interpreter of Maladies by Jhumpa Lahiri, Lahiri effectively describes the difficulties that immigrants have adapting to American culture. The characters of the short stories bring their culture to their lives in America, while getting a taste of a new culture. Although some people may believe culture does not have a lasting effect on one’s way of life, Lahiri shows, wherever one may travel, one’s culture will always follow. ThisRead MoreThe Interpreter Of Maladies By Jhumpa Lahiri1117 Words   |  5 Pagesmusic, and art. It seems as if culture influences the wa y humans learn and live. These practices are important to one’s being because it is the shaper of our own personality, as well as how we behave and think. In the novel The Interpreter of Maladies by Jhumpa Lahiri, Lahiri efficiently describes the difficulties that immigrants have relating their culture, with the distinct American culture there being exposed to. The culture that the characters of the short stories practice, has an effect on theRead MoreInterpreter Of Maladies By Jhumpa Lahiri1284 Words   |  6 Pagesfor couples to share the blame for issues that arise. However, through the stories in Interpreter of Maladies by Jhumpa Lahiri it becomes clear that there is often one one individual who insights these problems. In â€Å"A Temporary Matter†, the main character, Shukumar, is mourning the his child who was stillborn and allowing his insecurities to distance him from his wife, Shoba. The story â€Å"Interpreter of Maladies† describe the crisis of a mid dle aged man, Mr. Kapsi, whose unsupportive marriage causesRead MoreInterpreter Of Maladies By Jhumpa Lahiri1825 Words   |  8 Pageskey to survival. In Interpreter of Maladies, a collection of short stories by Jhumpa Lahiri, different fictional characters are used to bring the reader into the Indian culture, and show how each individual’s stories affect the others. Through these stories, she presents the reader with the idea that change is what you make of it, and changing while not always a choice is important to the way each person lives their lives. Through characters like Mrs.Sen, and Mr. Pirzada, Lahiri conveys the strugglesRead MoreInterpreter Of Maladies By Jhumpa Lahiri1271 Words   |  6 PagesIn the story â€Å"Interpreter of Maladies† by Jhumpa Lahiri, it begins with an interpreter and tour guide Mr. Kapasi who is responsible for taking the Das family to the Sun Temple at Konarak. Mr. and Mrs. Das is a young Indian couple that was born and raised in the states and dresses like foreigners along with their children Tina, Ronny, and Bobby. Mr. Kapasi has a wife and a seven-year-old son who died because of an illness, typhoid. Along the story, Mrs. Das and Mr. Kapasi got to know each other aRead MoreIdentity In Interpreter Of Maladies By Jhumpa Lahiri1033 Words   |  5 Pageswhat a person has been taught, a person’s environment, and who a person wants to be. However, it is most often shaped by the events a person encounters and endures. Interpreter of Maladies by Jhumpa Lahiri brings light to the concept of identity and how people define their identity. Through the short story â€Å"A Temporary Matter,† Lahiri uses the character of Shoba to explore how events can change one’s preconceived notions of identity. Ultimately, Shoba’s identity is defined by her miscarriage.

Managing Finance Principles and Techniques NML

Question: Describe about the Managing Finance Principles and Techniques of NML? Answer: Importance of costs in pricing strategy of NML Costs are important in pricing system as it provide NML to assess the price of the different products at overall profit or making profit separately. As stated by Berry and Jarvis (2005), costing method in NML is different comparing to others. Company used least square method of costing technique as there are three different products in its portfolio. Therefore, company has to deal with many mixed cost that are hidden in production of three products (Drury, 2009). In this context, NML is using the cost based pricing staretgy where all the costs are segregated into variable cost and fixed cost, thus introducing the cost based on flexible activity in operation (Glynn etal. 2003). Total Cost 7000 8000 9000 Units 200 300 400 Break Even 35 26.66667 22.5 Selling price (if Profit = 20%) 42 32 27 It can be analysed that by applying the cost based pricing, the selling price shows different value for different cost units. In order to gain a profit of 20%, the company might have to fix selling price of 42 for each product in order to cover the total cost of 7000. Therefore, it is similar for other costs. Design of a costing system and proposed improvements in costing and pricing system A costing system may be designed on basis of activities in the operation. The system is widely used in production as it provides the company opportunity of defining its costing method according to the activities (Harris and Sollis, 2003). The limitation that is associated with the existing costing system is that it may limit the ability of the company to price their product in different market segments. On the other hand, unrealized profit or revenue would be substantial. Moreover, the future demand for any particular product may not be accounted under this method. Activities Level of output Cost in Total Cost in Activity 1 200 **** Activity 2 300 **** Activity 3 400 **** Activity 4 500 **** **** Table 1: format for activity-based costing The system adapted by NML might be improved if it is changed into an activity based costing. Due to presence of costing details of every activity of different levels, it would be easier for the managers to control the cost of overall production (de Jong et al. 2013). By employing ABC method, the company would be receiving reliable and accurate results regarding costs. Moreover, the overheads that comprise variable costs and fixed costs can be controlled by effective monitoring and controlling of activities. Therefore, effective decision can be made by the firm relating to product lines profitability. Recommendations of proposals for improving the existing system Form the point of view of costing system, it is recommended that company must follow a controlling system so that cost can be controlled in many stages and thus increasing the operating margin. In order to improve the existing costing system, the company can adopt policy of competition based pricing. It will help the company in finalizing the product price after careful analysis of prices fixed by competitors. Once the product costs are calculated then the company can fix the price of their each product. Therefore, weakness of cost based pricing of the company can be overcome by adopting competition based pricing. Forecasting techniques for revenue and cost As stated in the problem, the forecasted increase in some financial matters has changed the financial statement of company. Due to change in sales and cost of sales, the increase in operating profit has gone up by 24.66%. Unchanged interest cost in coming year provides the company to post a better PAT in 2015 as estimated. According to Lin (2012), cost can be reduced by controlling the interest cost of borrowings. Further, rising in net working capital as projected, shows the way of reducing the cost of short-term loan. 2014 2015E turnover 300 330 cost of sales (deducting depreciation) 164 180.4 operating profit 120 149.6 24.66667 interest cost 30 30 pretax profit 90 119.6 corporation tax 24 28 profit after tax 66 91.6 proposed dividend 44 48.4 retained earnings 26 43.2 Table 2: forecasting of revenue and cost The forecasting techniques that can be used by the company are moving averages and time series analysis. By using moving averages, the company would be successful to smooth the financial data and it will be easy for the company to spot trend. As a result of that, they would be known whether they will be making profit or loss in future. On the other hand, time series analysis can be effective in forecasting the revenue and costs in future by studying the historical data of the company. Therefore, on the basis of forecast, the company can make effective decision for their business. Assessment of funding method of expansion program ABZ Ltd Retained earnings: The Company can finance their expansion program by using their retained earnings. It is seen that in 2014, the company has a retained earnings of 26 million in 2014. Therefore, it can be used and by using it company may not be paying any interest to others. Banks: The financial institution can be other source to gain funds. The company can borrow money as per their requirement. However, the company has to deposit any assets as a security. On the other hand, the company can also go overdraft in order to fund their expansion program. Appropriate budgetary target for the company in next year The budgetary targets that have been selected for each of the products that are PS and TG of NML are variable costs, fixed costs and sales production. Through sales production, the company will know how much production has been made in next year in comparison to last year. Similarly, variable and fixed costs can also be studied to know much costs have incurred for each of the product. Budgetary sales unit for PS is 5000 units while opening inventory of that product is 100 units. Further, closing inventory of PS is 1100 units. Therefore, estimated units to be produced are (5000-100+1100) = 6000 units for PS in the certain period. sales and production budget: master budget The following table shows the master budget of company: PS TG Budgeted Sales 5000 1000 Required Closing Inventory 1100 50 Opening Inventory 100 50 Budgeted Production In Units 6000 1000 Selling Price 95 130 Sales Revenue 570000 130000 Variable Cost 75 85 Total Variable Cost 450000 85000 Total Fixed Cost 35000 15000 Net Income 85000 30000 Table 3: Production and sales budget It can be discussed that, the PS product will generate an income of 85000 with a total cost of 485000. Moreover, it is seen that the selling price is low in comparison to selling price of product TG. Therefore, the income that would be generated from product TG is 30000. However, it can also be noticed that, production unit of TG is less than PS due to that income and cost is less. Comparison of actual expenditure and income to master budget Actual Budgeted Income Variance Sales 4000 5000 1000 Selling Price 96 95 -1 Production 6500 6000 -500 Sales Revenue 624000 570000 -54000 Total Cost 485000 485000 0 Income 139000 85000 -54000 Actual and estimated income of PS Actual Budgeted Income Variance Sales 900 1000 100 Selling Price 125 130 5 Production 950 1000 50 Sales Revenue 118750 130000 11250 Total Cost 100000 100000 0 Income 18750 30000 11250 Actual and estimated income of TG It is seen that company has generated an income of 54000 more as per the prepared budgeted income. Therefore, product PS provided a better value to the company. The company has increased the selling price by 1 unit due to increase in the total cost. As a result, the 130000 income has been generated from the sale of PS. On the other hand, the company has witnessed a loss of 11250 from the sale of TG. The reason is decline in the sales value and production. Moreover, there is no decline in the value of total cost due to that there is significant loss of income. Impact of monitoring budgetary policy As stated by Burger and Hawkesworth (2013), preparing a budget does not make any sense as management needs to control all financial aspects as per the budget produced at the starting of the year. Therefore, monitoring of budget is an exceptional tool in this segment as it provides the management to have control over the various activities of operation. In order to monitor the budget of the company, the management has counted on variance analysis. Both favourable variances and adverse variances are known by the management. Therefore, it helps in identifying possible gap in actual figures and budgeted figures. It is true that systematic observation provides control over the deviation from the estimated figure. Moreover, financial experts are hired for monitoring budget (cipfa.org.uk, 2015). Recommended process for cost reduction From the given problem, NML may apply the process of reduction of holding inventory for lesser days as it will reduce the cost of materials in revenue account. In order to have a better control over the cost, the management can count on Total Quality Management. It will help in increasing the productivity of the company through effective management of costs. Therefore, the company can witness quality production with minimum utilization of cost. Value Analysis can be other recommendation which will be helpful in enhancing the work effectiveness. Through this, the management can identify extra or unnecessary costs that are bear by the company. As a result, the company will receive quality and better production. Activity based costing for company The activity-based costing may be used in NML in evaluating the costing of the company. It provides the means of controlling the cost of every activity mainly for a longer period of production (aat.co.uk, 2015). Through employing ABC method, activities that are related with the production process can be effectively identified. Moreover, each costs can be also be identified such as direct material, direct labour, overhead costs, etc that usually not considered. On the other hand, the cost driver can also be calculated by using ABC method such as machine hours, testing hours, labour cost, etc. Investment appraisal Financial appraisal methods for the projects and justified decision The appraisal method of selecting the project is normally considered as the quantitative approach of assessing the future of investment so that risk associated with the investment becomes low. This is the main strategy applied by the investors in a long-term perspective (Bized.co.uk, 2015). As stated by White et al. (2003), different techniques of assessments are applicable for different objectives of the investment and on project basis. In this context, net present value (NPV) method is applied for evaluating the investment decision between two projects A and B. The NPV estimation of project A provides that investment will yield 207357.24 after five years of investment and at the same for the project B will be 309806.15. Therefore, from the first look any investor will go for the project B, while it is true that the sum invested in this project is more than that of the project A. Thus, another method is necessary where irrespective of sum of the invested sum; only on basis of period of investment the rate of return might be calculated. Thereby, no decision can be made from this technique of appraisal. option A Year cash flow NPV 0 -400000 $207,357.24 1 100000 2 140000 3 180000 4 210000 5 230000 option B Year cash flow NPV 0 -950000 $309,806.15 1 250000 2 300000 3 350000 4 400000 5 450000 Table 5: Investment appraisal using NPV methods Evaluation of two options between A and B option A Year cash flow NPV IRR ARR 0 -400000 $207,357.24 27% outflow 40000 1 100000 return from investment 860000 2 140000 rate of return 20.5 3 180000 4 210000 5 230000 option B Year cash flow NPV IRR ARR 0 -950000 $309,806.15 22% outflow 95000 1 250000 return from investment 1750000 2 300000 rate of return 17.42105 3 350000 4 400000 5 450000 Table 6: Investment appraisal using IRR and ARR method From the above table, it might be observed that project A and B are appraised using the IRR and ARR method where both methods state that investors must go for the project A as the project B yields low rate of return within the period. Project A has tested better result from the both method so decision can be taken for making investment for this project. Further, it is recommended that project A is better looking in terms of assessing techniques still now so company must go for it. Report on appropriateness of strategic investment decision Investment decision making is important approach for any business to enhance their business and acknowledge growth. It is observed that only quantitative method of appraising is considered while the risk associated with the projects are not being assessed. Therefore, without knowing the facts on the qualitative information of the project risk associated cannot be evaluated. Further, the macroeconomic changes and risk associated with economic factors are always a concern for making the investment decision (Askarany et al. 2012). In this context, it is observed that two projects are not of same type therefore, macroeconomic risks associated with those are not same. Further, business risk is a main factor in assessing the projects investment decision so that company might be able to make decision on investment. Strategically it may be said that company might select the project B as it provides the company to invest more money providing more utility of unused investment fund whereas in project A, the total sum of investment is low thereby; it cannot fully utilized the investment fund (companies-house.gov.uk, 2015). Financial analysis Analysis of financial statements As per the variance analysis between two financial year data of the NML group which is certain growth in the revenue turnover of the company is around 3.45% and because of the huge number of dividends proposed by the company retained earnings on the company is showing negative figures in the statement of variance analysis of the company. The company is able is acquired 0.71% net assets increment in the financial year 2014 whereas the reserve of the company is showing growth of the 1.10% in the year 2014 respectively. According to the overall variance analysis of the company the company is showing stable situation which is in growth than the financial year 2013. Financial ratio analysis of NML According to the ratio analysis of the company NML is measured to understand the actual position of the organization in the market. The current ratio of the company is mainly depends on the measurement of the earning capacity of the company which is 1.707 and 1.709 in the year 2014 and 2013. The gross profit margin of the company is also shows the percentage of the 30% and 28.44% in the year 2014 and 2013 and also the net profit margin of the NML group is 22% and 20.87% respectively. The inventory turnover of the company NML is showing ratio of the 2.5 and the 2.9 in the financial year 2014 and 2013. The return on equity ratio which is coming 0.33 and 0.30 which is company gaining from the investment of the owned capital in the companys operational activities. Recommendations on strategic portfolio of NML As per the financial details provided by the company in a particular financial year which is 2013 and 2014; It is showing that company is more focusing in the proposing dividends for the company which is good for the portfolio of the company in front of the investors who are willing to invest their money in the shares of the company because of the higher dividend earnings ratio. The company NML group is not able to retained the earnings for the financial year 2014 but company will be grow in the coming financial because of the huge investment finance from the investors who attracts because of the proposed dividend of the company. Reference lists Books Berry A and Jarvis R Accounting in a Business Context, (2005) (Cengage Learning EMEA) ISBN 1844802515 Drury C Management Accounting for Business, (2009) (Cengage Learning EMEA) ISBN 1408017717 Glynn J, Perrin J, Murphy M and Abraham A (2003) Accounting for Managers, 3rd Edition (Thomson Learning) ISBN 186152904X Harris R and Sollis R (2003) Applied Time Series Modelling and Forecasting (John Wiley and Sons) ISBN 0470844434 White G I, Sondhi A C and Fried D (2003) The Analysis and Use of Financial Statements, 3rd Edition (John Wiley and Sons) ISBN 0471375942 Journals de Jong, M., van Beek, I. and Posthumus, R. (2013). Introducing accountable budgeting.OECD Journal on Budgeting, 12(3), pp.1-34. Lin, W. (2012). Financial performance and customer service: An examination using activity-based costing of 38 international airlines.Journal of Air Transport Management, 19, pp.13-15. Burger, P. and Hawkesworth, I. (2013). Capital budgeting and procurement practices.OECD Journal on Budgeting, 13(1), pp.57-104. Askarany, D., Brierley, J. and Yazdifar, H. (2012). The effect of innovation characteristics on activity-based costing adoption.International Journal of Managerial and Financial Accounting, 4(3), p.291. Websites aat.co.uk, (2015). Available from: https://www.aat.co.uk [Accessed on: 11 Apr. 2015]. Bized.co.uk, (2015).Business studies teaching and education resources: Biz/ed. Available from: https://www.bized.co.uk [Accessed on: 11 Apr. 2015]. cipfa.org.uk, (2015). Available from: https://www.cipfa.org.uk [Accessed on: 11 Apr. 2015]. companies-house.gov.uk, (2015). Available from: https://www.companies-house.gov.uk [Accessed on: 11 Apr. 2015].

Renaissance Man Essay Example For Students

Renaissance Man Essay Florida Institute of Technology Civilizations I Professor Lusty December 15, 2012 Think about the qualities of a Renaissance Man. Choose a man/woman/profession from the late 20th (or early 21st) century even someone still alive today that you think encompasses the spirit of the Renaissance ideal, and give 2 specific areas/ aspects that connect to this ideal. Be as specific as you can. What are the qualities of a renaissance man? His drawings of a fetus in utter, the heart and vascular system, sex organs, and other bone and muscular structures, are some of the first on human record. One of dad Vines last commissioned works was a mechanical lion that could walk and open its chest to reveal a bouquet of lilies. Leonardo dad Vinci was a Florentine artist, one of the great masters of the high renaissance, he was also celebrated as a painter, sculptor, architect, engineer, and scientist. His intense love for knowledge and research was the keynote of both his artistic and scientific endeavors. His innovations in the field of painting influenced the course of Italian art for more than a century after his death, and his scientific studies-particularly in the fields of anatomy, optics, and hydraulics anticipated many of the developments of modern science. Leonardo was born on April 15, 1452, in the small Tuscan town of Vinci, near Florence. He was the son of a wealthy Florence notary and a peasant women. In the mid-asses the dad Vinci family settled in Florence. In Florence Leonardo was given the best education that Florence could offer. He was a fine musician and improviser. In about 1466 he was apprenticed as a garbanzo (studio boy) to Andrea del Veronica, the leading Florentine painter and sculptor of his day. In Veronicas workshop Leonardo was introduced to many activities, from the painting of altarpieces and panel pictures to the creation of large sculptural projects in marble and bronze. In the year 1472 he was entered in the painters guide of Florence, and in 1476 he was still mentioned as Veronicas assistant. In Veronicas Baptism of Christ, the kneeling angel at the left of the painting is by Leonardo dad Vinci. In the year 1478 Leonardo became an independent master. His first large painting the Adoration of the Magi, left unfinished, was ordered in 1481 for the Monastery of San Donation a Scope, Florence. Other works ascribed to his youth are the so-called Bennie Madonna, the portrait Gingers De Bench and the unfinished Saint Jerome. In about 1482 dad Vinci entered the service of the duke of Milan. Having written the duke an astonishing letter in which he stated that he could build portable bridges; that he knew the techniques of constructing bombardments and of making cannons; that he could build ships as well as armored vehicles, catapults, and other war machines; ND that he could execute sculpture in marble, bronze, and clay. He served as principal engineer in the dukes numerous military enterprises and was active as an architect. Evidence indicates that dad Vinci had apprentices and pupils in Milan, for whom he probably wrote the various texts later complied as treatise on painting. The most important of his own painting during the Milan period was the Virgin of the The last supper: From 1495 to 1497 he labored on his masterpiece The Last Supper. Unfortunately, him experimenting of the use of oil on dry plaster was technically unsound, and by he asses its distortion had begun since 1726 attempts to restore have been made but not very successful; a concerted restoration and conservation program was begun in abandon its reversing some of damage however most of the original surface is gone. .u4cac27d67ba0c4c6eb75cb13a82f66af , .u4cac27d67ba0c4c6eb75cb13a82f66af .postImageUrl , .u4cac27d67ba0c4c6eb75cb13a82f66af .centered-text-area { min-height: 80px; position: relative; } .u4cac27d67ba0c4c6eb75cb13a82f66af , .u4cac27d67ba0c4c6eb75cb13a82f66af:hover , .u4cac27d67ba0c4c6eb75cb13a82f66af:visited , .u4cac27d67ba0c4c6eb75cb13a82f66af:active { border:0!important; } .u4cac27d67ba0c4c6eb75cb13a82f66af .clearfix:after { content: ""; display: table; clear: both; } .u4cac27d67ba0c4c6eb75cb13a82f66af { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u4cac27d67ba0c4c6eb75cb13a82f66af:active , .u4cac27d67ba0c4c6eb75cb13a82f66af:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u4cac27d67ba0c4c6eb75cb13a82f66af .centered-text-area { width: 100%; position: relative ; } .u4cac27d67ba0c4c6eb75cb13a82f66af .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u4cac27d67ba0c4c6eb75cb13a82f66af .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u4cac27d67ba0c4c6eb75cb13a82f66af .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u4cac27d67ba0c4c6eb75cb13a82f66af:hover .ctaButton { background-color: #34495E!important; } .u4cac27d67ba0c4c6eb75cb13a82f66af .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u4cac27d67ba0c4c6eb75cb13a82f66af .u4cac27d67ba0c4c6eb75cb13a82f66af-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u4cac27d67ba0c4c6eb75cb13a82f66af:after { content: ""; display: block; clear: both; } READ: Introduction Renaissance Reformation (Ch. 1)The Mona Lisa: Leonardo dad Vines well-known painting, and arguably the most famous painting in the world, the Mona Lisa was a privately commissioned work and was completed sometime between the years 1 505 1507. James black, an art historian at Columbia University, once explained It is the inherent spirituality of the human creature that Leonardo was able to in genuine to the picture that rises the human figure to some kind of majesty. It has been said that the Mona Lisa had Jaundice, that she was a pregnant women that she wasnt a women at all, but a man in drag. Based on accounts from an early biographer said that the Mona Lisa is a picture of Lisa Giaconda, the real-life wife off merchant, buts thats far from certain. For Leonardo dad Vinci however the Mona Lisa is forever a work in progress, as it was his attempt at perfection. The painting was never was never delivered to its commissioner because Leonardo kept it with him until the end of his life. Today the Mona Lisa hangs in the Louvre museum in Paris, France secured behind bullet proof glass and is regarded as a priceless national treasure. Artist: Ever the perfectionist, Leonardo turned to science in the quest to improve his artwork. His study of nature and anatomy emerged in his stunningly realistic paintings, and his dissections of the human body paved the way for remarkably accurate figures. He was the first artist to study the physical proportions of men, women and children and to use these studies to determine the ideal human figure. Unlike many of his contemporaries Michelangelo for example he didnt get aired away and paint ludicrously muscular bodies, which he referred to as bags of nuts. All in all, Leonardo believed that the artist must know not Just the rules of perspective, but all the laws of nature. The eye, he believed, was the perfect instrument for learning these laws, and the artist the perfect person to illustrate them. Inventor: Levers and Gears Leonardo recognized that levers and gears, when applied properly, could accomplish astonishing tasks. Gears were at the heart of nearly all his inventions, from the crane to the helicopter to the automatic turnips. Defense contractor Like any rational human, Leonardo abhorred war he called it beastly madness but since Renaissance Italy was constantly at war he couldnt avoid it. He designed numerous weapons, including missiles, multi-barreled machine guns, grenades, an underwater breathing device, which he refused to reveal, saying that men would likely use it for evil in war. Scientist Roy Anatomy One cannot exaggerate the unpleasantness of Leonardo anatomy studies. Cadavers are already pretty awful, even when refrigerated and pickled in formaldehyde, but Renaissance Italy had no such niceties. Leonardo, in his fervor for knowledge, held nettles creepy vigils with the local corpses, and their annoying tendency to decay forced him to work as quickly as possible. He described it as living through the night hours in the company of quartered and flayed corpses fearful to behold, but as usual his curiosity pushed him ever onward. Tell-The features Alas, even Leonardo fell for some bogus theories. He was fascinated by the study of physiognomy, the science of evaluating a persons character by his or her facial features. Although utter codswallop, physiognomy was all the rage until the beginning of this century, when scientists finally chucked it once and for all.