Destination Essay Example | Topics and Well Written Essays - 1750 words

Destination - Essay Example A local tourism destination can be simply defined as a physical space where a visitor spends at least one overnight, and it includes tourism products such as attractions and support services and other tourism resources. The physical and administrative boundaries of the destination define its management whereas images and perceptions define its market competitiveness. In the current context of growing tourism sector contribution to the economic development of a region, an integrated management approach based on collective vision and strong leadership is vital to augment the scope of the destination. Destination management is an integral part of tourism development because this process is inevitable to meet the needs of foreign as well as domestic visitors effectively. According to the World Tourism Organisation, â€Å"destination management is the co-ordinated management of all the elements that make up a destination (attractions, amenities, access, marketing, and pricing.† (WH O, 2007, p. 4). Effective and joined destination management is beneficial to avoid duplication of efforts in relation to promotion, visitor services, training, and business support. In addition, destination management is a potential approach to identify management gaps that are not being addressed (Ibid, p.4). Hager and Sung (2011) claim that the concept of destination management delivers a range of benefits to the community as well as the economy and is particularly vital to respond positively to the growing need for multidisciplinary strategies aimed at local, regional, and national level tourism. In addition, destination management is beneficial to establish a competitive edge and to promote tourism sustainability. Furthermore, this collaborative management concept can assist tourism destinations to build a strong and vibrant identity. However, destination management is not a simple task as it requires extensive and collaborated efforts

Order Qualifiers and Order Winners for Toyota Essay Example for Free

Order Qualifiers and Order Winners for Toyota Essay Order Qualifiers can be described as aspects of competitiveness where the operation’s performance has to be above a particular level to be considered by the customer. Order Qualifiers may not be the major competitive determinants of success but are important in another way. (Jones, Robinson 2007) Order Winning Factors are those things which directly and significantly contribute to wining business. They are regarded by customers as key reasons for purchasing the product or service. Raising performance in an order wining factor will either result in more business or improve the chances of gaining more business. For Automotive industry, major order qualifiers could be defined as price, quality and variety. Toyota, Ford and GM are leading companies within that sector, which manufacture correspondent cars with these order qualifying factors mostly. However, due to high level of competitiveness, companies are struggling to keep their sales high. Even little problems within car or company may impact company’s future sales dramatically. Toyota is one of example that experienced reliability and quality problem with its cars lately likely Ford and GM experienced before. As result of upcoming reliability issue, if we look over market share of Toyota within North America, which takes place of its most sales in comparison with other regions around world, has faced with a serious decline in market share within 2008-2009 . Ford and GM also try to improve their market share within North America, while Toyota loses customers during 2008-2009 . On the other hand, Order winners for Toyota are continuous innovation of Toyota and standardized quality. People, who choose Toyota, are mostly satisfied with innovative internal and external features of Toyota’s cars. Since, Toyota always spares huge amounts of money about research and innovation for car manufacturing as explained in deeper within Toyota and Innovation section below. For Example, Prius, first mass production hybrid car in the world, is clear indicator of innovative mindset of Toyota Motor Corp. In terms of quality and flexibility, Toyota Quality Management is one of well known systems in world for car manufacturing quality control, which is still functioning and reason to buy a Toyota.

Sexual Abuse and Young Children Essay -- Child Abuse Essays

As reported in Child Maltreatment 2013, out of the estimated 905,000 victims of child abuse and neglect reported in the United States in 2013, 8.8% were victims of sexual abuse. 1 This means that in that year over 79,600 children were sexually abused in the United States. â€Å"There is general agreement among mental health and child protection professionals that child sexual abuse is not uncommon and is a serious problem in the United States.† 2 Sexual abuse has a very broad definition. According to the American Psychological Association, â€Å"a central characteristic†¦is the dominant position of an adult that allows him or her to force or coerce a child into sexual activity.† 3 The Child Abuse Prevention and Treatment Act defines sexual abuse as: A. â€Å"the employment, use, persuasion, inducement, enticement, or coercion of any child to engage in, or assist any other person to engage in, any sexually explicit conduct or simulation of such conduct for the purpose of producing a visual depiction of such conduct; or B. â€Å"the rape, and in cases of caretaker or inter-familial relationships, statutory rape, molestation, prostitution, or other form of sexual exploitation of children, or incest with children† 4 There are many different types of sexual abuse, some more extreme than others. Sexual abuse falls into two categories: contact and non-contact. 5 Sexual abuse involving contact â€Å"may include fondling a child's genitals, masturbation, oral-genital contact, digital penetration, and vaginal and anal intercourse† and non-contact sexual abuse could include â€Å"exposure, voyeurism, and child pornography.† 6 All sexual abuse, no matter how severe or mild by definition, is damaging to the young child and can affect his/her neurological and psychological development and health, and affect him/her throughout life. Sexual abuse negatively affects a young child’s neurological development. It causes toxic stress, a type of stress which children are unable to manage by themselves. 7 According to the U.S. Department of Health and Human Services, exposure to toxic stress during early childhood can impair and disrupt development of brain circuits, which â€Å"can cause an individual to develop a low threshold for stress, thereby becoming overly reactive to adverse experiences throughout life.†8 High levels of stress hormones can also affect the child’s immune system and cause â€Å"cog... ... Symptoms  · Attempts to touch the genitals of others  · Sexualized play  · Detailed and age-inappropriate knowledge of sexual activity  · Excessive masturbatory behavior  · Reluctance to undress  · Avoidance of touch  · Increased startle response  · Hypervigilance  · Extreme fluctuations in heart rate (above 100 bpm or below 60 bpm)  · Sleep disturbance (bed wetting, nightmares)  · Drastic change in appetite somatic complaints  · Enuresis/encopresis  · Substance use  · Fatigue/exhaustion Emotional Symptoms  · Regression to younger developmental stage  · Lack of affect  · Withdrawal/depression  · Anxiety/irritability/fear  · Phobias  · Excessive guilt  · Feelings of helplessness  · Low self-esteem  · Obsessive ideas  · Self-hate  · Hyperalertness  · Dissociation Behavioral Symptoms  · Abrupt change in behavior or personality  · Aggression  · Excessive crying  · Over compliance  · School adjustment problems/sudden drop in school performance  · Temper tantrums  · Truancy or runaway behavior  · Self-mutilating/suicidal ideation/gestures/attempts  · Flashbacks/Avoidance  · Nightmares  · Lack of trust/social isolation/lack of friendships  · Hyperarousal ChildTrauma.org Sexual Abuse and Young Children Essay -- Child Abuse Essays As reported in Child Maltreatment 2013, out of the estimated 905,000 victims of child abuse and neglect reported in the United States in 2013, 8.8% were victims of sexual abuse. 1 This means that in that year over 79,600 children were sexually abused in the United States. â€Å"There is general agreement among mental health and child protection professionals that child sexual abuse is not uncommon and is a serious problem in the United States.† 2 Sexual abuse has a very broad definition. According to the American Psychological Association, â€Å"a central characteristic†¦is the dominant position of an adult that allows him or her to force or coerce a child into sexual activity.† 3 The Child Abuse Prevention and Treatment Act defines sexual abuse as: A. â€Å"the employment, use, persuasion, inducement, enticement, or coercion of any child to engage in, or assist any other person to engage in, any sexually explicit conduct or simulation of such conduct for the purpose of producing a visual depiction of such conduct; or B. â€Å"the rape, and in cases of caretaker or inter-familial relationships, statutory rape, molestation, prostitution, or other form of sexual exploitation of children, or incest with children† 4 There are many different types of sexual abuse, some more extreme than others. Sexual abuse falls into two categories: contact and non-contact. 5 Sexual abuse involving contact â€Å"may include fondling a child's genitals, masturbation, oral-genital contact, digital penetration, and vaginal and anal intercourse† and non-contact sexual abuse could include â€Å"exposure, voyeurism, and child pornography.† 6 All sexual abuse, no matter how severe or mild by definition, is damaging to the young child and can affect his/her neurological and psychological development and health, and affect him/her throughout life. Sexual abuse negatively affects a young child’s neurological development. It causes toxic stress, a type of stress which children are unable to manage by themselves. 7 According to the U.S. Department of Health and Human Services, exposure to toxic stress during early childhood can impair and disrupt development of brain circuits, which â€Å"can cause an individual to develop a low threshold for stress, thereby becoming overly reactive to adverse experiences throughout life.†8 High levels of stress hormones can also affect the child’s immune system and cause â€Å"cog... ... Symptoms  · Attempts to touch the genitals of others  · Sexualized play  · Detailed and age-inappropriate knowledge of sexual activity  · Excessive masturbatory behavior  · Reluctance to undress  · Avoidance of touch  · Increased startle response  · Hypervigilance  · Extreme fluctuations in heart rate (above 100 bpm or below 60 bpm)  · Sleep disturbance (bed wetting, nightmares)  · Drastic change in appetite somatic complaints  · Enuresis/encopresis  · Substance use  · Fatigue/exhaustion Emotional Symptoms  · Regression to younger developmental stage  · Lack of affect  · Withdrawal/depression  · Anxiety/irritability/fear  · Phobias  · Excessive guilt  · Feelings of helplessness  · Low self-esteem  · Obsessive ideas  · Self-hate  · Hyperalertness  · Dissociation Behavioral Symptoms  · Abrupt change in behavior or personality  · Aggression  · Excessive crying  · Over compliance  · School adjustment problems/sudden drop in school performance  · Temper tantrums  · Truancy or runaway behavior  · Self-mutilating/suicidal ideation/gestures/attempts  · Flashbacks/Avoidance  · Nightmares  · Lack of trust/social isolation/lack of friendships  · Hyperarousal ChildTrauma.org

Natural environment Essay

History depicts that in the past, apartheid and Christian national education policies meant that races and cultures were segregated in schools and resources were unevenly distributed, making the role and the task of the teacher extra difficult in terms of balancing between the workload and catering for all learners needs. Education is inherently political as it involves values and goals in relation to such fundamental questions as what kind of individual and society are we trying to shape? These questions cannot be answered in a factual or technical way because they are questions of opinions, values and ideology and they are inevitably disagreements and conflicts (Carter, Harber & Serfi, 2003). The nature and reality of educators is that, it places so much importance on the teacher to ensure that learners succeed at the end of the day, although there are some factors external such as the environment, socio-economic and resources issues and resources which disturbs or defeats the purp ose of education. The teacher can either make or break the progress of the learner, meaning the teacher should cater equally for all the needs of the learners, as learners themselves are different in terms of race, gender and class. This means that the teacher should not be bias or discriminate towards a certain gender, race or class, as this will have a negative impact on the success or progress of the learners. In this essay I will discuss my experiences with the teachers who made a difference, the role they played in terms of perceiving gender, race and class in my life, and the reasons why they were significant and finally I will discuss the role I will play as a future teacher regardless of gender, race and class of the learners. The most features in class or school environment, is for the teacher to understand his or her learners and mostly interact with them on continuous basis, as problems learners encounter arise from time to time. These problems tend to distract learners and need the intervention of the teacher themselves. Sometimes learners struggle with the content required, a problem at home or moreover a personal problem. A good teacher must anticipate and have insight of foretelling and differenti ate amongst learners that are showing signs of encountering problem

Final Project of Fin619

[pic] Pass Dear Student you are declared PASS in your written work. Start preparing for presentation & viva voce and improve your work according to the given instructions and guidelines available at VULMS of your course under the icon DOWNLOADS after clicking COURSE WEBSITE at VULMS. Also read lesson # 7 of this course in this for effective preparation of your presentation slides. For any course related query and information, you can contact us via MDB, Email ([email  protected] edu. pk) and telephone (92 (42) 111 880 880 (Extension: 8851 or 3941). RATIO ANALYSIS OFASKARI BANK, UNITED BANK AND BANK ALFALAH FOR THE YEARS 2009, 2010, 2011 A PROPOSAL FOR REPORT TO BE SUBMITTED TO THE DEPARTMENT OF MANAGEMENT SCIENCES, VIRTUAL UNIVERSITY OF PAKISTAN IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER IN BUSINESS ADMINISTRATION (MBA-Exec) Submitted By: AAMIR SHAHZAD MC100403644 MBA-Exec (Finance) SUBMISSION DATE: 02-02-2013 Virtual University of Pakistan Letter of Undert aking Job confirmation letter [pic] Dedication I would like to dedicate this project to My parents My Wife & My Kids Ashar Ali & Mubashar Ali AcknowledgementAll my efforts for my MBA and this Project would have been nothing with out the help and grace of Almighty Allah and I am always Gratified to Blessings of Allah. More than anybody else, I would like to acknowledge my uncle Mr. Ashfaq Ali Tabassam for his never ending support. He always guided me whenever I felt stuck off and his encouragement always worked as moral booster for me. I would like to extend my special thanks to my friend Mr. Aamir who advised me time to time and provided me technical assistance. I am highly indebted to my boss in my organization Mr.Muzaffar Ali who spared me and gave me ample time, out of my professional commitments, to go all out for my MBA from Virtual University of Pakistan. Executive Summary The purpose of this report titled â€Å"RATIO ANALYSIS OF ASKARI BANK, UNITED BANK AND BANK ALFALAH FOR THE YEARS 2009, 2010, 2011†is to investigate the financial performance of these banks during the mentioned period. The first chapter of this report deals with introduction of project and banks under study, financial period under consideration, objectives and significance of the project. The second part is about data processing and analysis.The fourth chapter is about calculation of different ratios its comparison and interpretation. In last chapter conclusions and recommendations have been given. The data for the study is collected from financial repots of the banks which are available on theirs respective websites. The financial reports included the balance sheet, income statement and cash flow statements. As regards to finding of study, the Net Profit Margin ratio of Askari and bank Alfalah is low as compare to UBL. UBL is also on top in gross spread ratio, return on equity, debt ratio and Advance/Deposit ratio.While Askari Bank has better cash flow ratio and Price/Earning r atio. It is recommended for Bank Alfalah and Askari bank to cut down their non markup expenses to improve their Net Profit Margin Ratio while, on the other hand their turnover is satisfactory. UBL and Alfalah should decrease their current liabilities and ensure the availability of more liquidity to meet short term debts. Askari bank and bank Alfalah both banks need to adopt measures to cut down their interest expenses in order to increase their gross spread ratio.In order to increase non interest income Askari and Alfalah needs to increase their earnings through fees, commissions and other advisory charges etc. In Advance/Deposit ratio Askari bank and Alfalah should have to utilize their deposits in more projects either through corporate financing or general public financing. Table of Contents Section I Chapter 1†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦8 â⠂¬ ¢ 1. 1 Introduction of the project †¢ 1. 2 Banks Introduction †¢ 1. 4 Period Under Consideration †¢ 1. 5 Objectives †¢ 1. 6 Significance Chapter 2†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦11 †¢ 2. 1 Data Collection 2. 2 Data Processing and Analysis Chapter 3†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 12 †¢ 3. 1 Net Profit Margin †¢ 3. 2 Operating cash flow ratio †¢ 3. 3 Gross Spread ratio †¢ 3. 4 Non-interest income to total income ratio †¢ 3. 5 Spread ratio †¢ 3. 6 Advances/deposit ratio †¢ 3. 7 Return on total equity (ROE) †¢ 3. 8 Debt ratio †¢ 3. 9 Debt/Equity ratio †¢ 3. 10 Price/Earning ratio Chapter 4†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 26 †¢ 4. 1 Conclusions †¢ 4. 2 Recommendations Section I †¢ a) Student Introduction †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦29 †¢ b) Bibliography †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦30 Section IChapter 1 1. Project Introduction The financial ratio analysis techniques referred to in this aid could be useful to analyze any company financial performance. This study is also going to investigate the financial performance of three mentioned banks e. g. Askari bank, united bank and Bank Alfalah. These banks are surveying in the Pakistani Market and are competitors each other. Hence this study is going to find out which bank has strong financial position over other two banks. With the h elp of financial ratio analysis we can analyze the financial position of any company.Many stakeholders, investors, creditors may analyze any company, firms financial position with the help of ratio analysis before taking any important decision regarding to investments or any other. Therefore financial ratio is a mathematical correlation among several numbers often stated in the form of percentage, times, or days. 1. 2 Banks Introduction Askari Bank was incorporated in Pakistan on October 9, 1991, as a public limited company. It commenced operation on April 1, 1992, and is principally engaged in the business of banking, as defined in the Banking Companies Ordinance, 1962.The Bank is listed on Karachi, Lahore and Islamabad Stock Exchanges. Since inception, the bank has concentrated on growth through improving service quality, investment in technology and people, utilizing its extensive branch network which includes Islamic and Agricultural banking. United Bank Limited (UBL) was incorp orated in Pakistan on November 7th 1959. In 1963 the bank opened its first overseas branch in London, United Kingdom. In 1971 the UBL was nationalized by the Government. In 2002, the Government of Pakistan sold it in an open auction to a consortium of Abu Dhabi Group and Bestway.Currently UBL is one of the largest commercial banks in Pakistan having more than 1,220 online branches inside the country. Its 15 branches outside the country are in the United States of America, Qatar, UAE, Bahrain, and Republic of Yemen. It also has representative offices in Tehran (Iran), and Almaty (Kazakhstan). It owns subsidiaries in the UK (United National Bank Limited), and in Zurich (Switzerland). Bank Alfalah Limited was incorporated on June 21st, 1992 as a public limited company under the Companies Ordinance 1984. Its banking operations commenced from 1st Nov, 1997.The Bank is currently operating through various branches in Pakistan, Bahrain, Bangladesh & Afghanistan, with the registered office a t B. A. Building, I. I. Chundrigar, Karachi. Strengthened with the banking of the Abu Dhabi Group and driven by the strategic goals set out by its board of management, the Bank has invested in revolutionary technology to have an extensive range of products and services. During the past five years, Bank Alfalah has emerged as one of the foremost financial institution in the region endeavoring to meet the needs of tomorrow today. 3. Financial Period Under-Consideration for Analysis:Financial period under consideration for analysis (2009, 2010, 2011) 4. Objectives 1. To analyze the selected banks efficiency in managing their resource for generating profit 2. To composition of capital structure of the selected banks, how much of the bank’s assets are financed through external and internal debt. 3. To find out that how effectively selected banks are maximizing their profit by controlling their interest expenses. 4. To compare the selected banks interest income with their interest expenses. 5. Are banks able to pay the current liabilities from their cash equivalents? . Significance The significance of these projects may include the following 1. The finding of this research will be more beneficial for investors, creditors, to take good decision after seeing the result of ratio. They can easily analyze the bank position through this study result. Bank Management may also study the finding of this study to determine the success or failure of particular sales, marketing as well as financing strategies. 2. At the end of this research, we will be able to get which bank is more able to pay its current liabilities from their cash equivalents. 3.The major outcomes of this research, this study will clear the concept regarding to financial ratio analysis in banking sector by applying different ratios. 4. This research may help the stakeholders to analyze financial ratios result before taking any serious decisions. 5. Financial mangers of selected banks also take advanta ges from this study to identify their bank strengths and weakness and will improve their poor areas. Chapter 2) Data Processing & Analysis 1. Data Collection Sources Study has used three banks annual reports/balance sheet, income statements, cash flow statements for data analysis and data processing.In research only secondary would be used to access the objectives which are mentioned as above. The study has used secondary sources to access the objectives of this research. The sources of this research were three banks websites. Annual reports were collected from the websites 2. Data Processing and Analysis Tools: Data was processed, analyzed and all the entry has done on excel sheet. Hence Study has used Excel sheet for data analysis and for calculation purpose. Result has been displayed on MS world in tabulation form with interpretation. Chapter 3) Data Analysis Ratio Analysis 1 Net Profit Margin SignificanceNet profit margin ratio explicit the profitability of the institution again st the revenue. It will also define the performance of the company in its operations in the market. So, shareholders assess it carefully in order to take their economic decisions. FORMULA: Net profit margin= (Net profit/ Revenue) *100 |Banks |2009 |2010 |2011 | |UBL |9,192,687/61,107,025*100 |11,159,930/59,331,761*100 |15,499,663/70,450,475*100 | | |15. 4% |18. 81% |22. 00% | |Askari Bank |1,097,507/22,586,736*100 |943,177/27,952,162*100 |1,627,698/32,766,351*100 | | |4. 86% |3. 37% |4. 97% | |Bank Alfalah |897035/35561312 *100= |968452/37530256*100= |3503130/44298178*100= | | |2. 2% |2. 58% |7. 91% | |Banks |2009 |2010 |2011 | |UBL |15. 04 |18. 81 |22. 00 | |Askari Bank |4. 86 |3. 37 |4. 97 | |Bank Alfalah |2. 2 |2. 58 |7. 91 | [pic] Interpretation and comparison The analysis of above table and graph depicts that the Net Profit Margin of all the Three banks is increasing. UBL is on the top with 15. 04% earning in the period of 2009 and increasing in the respective years with 18. 81 % in the year 2010 and 22% in 2011 which shows a positive trend which is due to the stringent control on operating expenses . While on the side, Askari bank Profit margin shows minor fluctuation with 4. 6% in the period 2009 then decreases in 2010 to 3. 37% owing to increase in non markup expenses and increases to 4. 49% in the year 2011. Profit margin of Bank Alfalah is also showing positive ness which is 2. 52% in 2009 and 2. 58% in the year 2010 and sore up to 7. 91% in 2011. 2 Operating Cash Flow Ratio Significance The ratio explains the cash flows of the bank or company which it earns by its operations and analyze it against it current liabilities to determine how well a company is in paying its debts which fall due in the financial year.FORMULA: Operation Cash Flow Ratio= Net cash generated from operating activities/ Current Liabilities |Banks |2009 |2010 |2011 | |UBL |23,099,432/262214540= |100,070,348/369628811= |108,571,682/407621100= | | |0. 09 times |0. 27 times |0. 7 tim es | |Askari Bank |36,245,071/49327164= |35,810,016/114583064= |36,491,839/14943963= | | |0. 73 Times |0. 31 times |2. 44 times | |Bank Alfalah |19945927/350833577= |18112043/184831395= |54274913/194917015= | | |0. 06 times |0. 0 time |0. 28 time | |Banks |2009 |2010 |2011 | |UBL |0. 09 |0. 27 |0. 27 | |Askari Bank |0. 73 |0. 31 |2. 44 | |Bank Alfalah |0. 06 |0. 0 |0. 28 | [pic] Working Current Liabilities of UBL 2009 2010 2011 †¢ Bills payable (Short term) 5,147,259 5,045,815 5,879,043 †¢ Borrowings (Short term) 35,018,765 44,187,313 45,534,286 †¢ Deposits and other accounts (Short term) 209,685,205 319,797,360 340,999,875 †¢ Liabilities against assets subject to finance Lease (Short term). – – – †¢ Other liabilities (Short term) 12,363,311 369,628,811 407,621,100 †¢ Total 262,214,540 369628811 407,621,100 Working Current Liabilities of Askari Bank 009 2010 2011 †¢ Bills payable (Short term) 2,945,6703,089,9842,756,032 †¢ Borrowings (Short term) 19,300,16325,554,7772,758,043 †¢ Deposits and other accounts (Short term) 22,247,84228,646,7715,516,086 †¢ Liabilities against assets subject to finance ease (Short term). – – – †¢ Other liabilities (Short term) 4,833,48957,291,5323,913,802 †¢ Total 49,327,16411458306414,943,963 Working Current Liabilities of Bank Alfalah 2009 2010 2011 Bills payable (Short term) 3,766,144 4,521,533 5,403,453 †¢ Borrowings (Short term) 20,107,541 13,050,006 17,060,524 †¢ Deposits and other accounts (Short term) 320,249,261 161,368,880 165,257,870 †¢ Liabilities against assets subject to finance lease (Short term). 4,429 3,031 – †¢ Other liabilities (Short term) 6,706,202 5,887,945 7,195,168 †¢ Total 350,833,577184,831,395194,917,015Interpretation and comparison The analysis of the above table and graph show that Operating Cash Flow of UBL is 0. 09 times in the period 2009 and 0. 27 times in the perio ds 2010 and 2011 shows consistency in respective years. While the cash flow of Askari bank is 0. 73 times in 2009 and decreases to 0. 31 times due to decline in cash generated from operating activities and increases to 2. 44 times in the year 2011 due to the decline in short term liabilities and increase in cash generation. Cash flow of Bank Alfalah is 0. 6times in the year 2009 and 0. 10 times in 2010 and 0. 28 times in the period 2011 shows increasing trend. 3 Gross Spread Ratio Significance It is being calculated by dividing the difference of interest earned and expensed by interest expensed on the deposits of the public. It will help to measure the markup income of the bank in the reporting period. FORMULA: Gross Spread Ratio = (Mark-up / return / interest earned – Mark-up / return / interest expensed) / Mark-up / return / interest earned*100 Banks |2009 |2010 |2011 | |UBL |61,107,025- 28,163,787= |59,331,761- 24,997,188= |70,450,475 -31,025,869= | | |32,943,238/61,107,02 5= |34,334,573/59,331,761= |39,424,606/70,450,475= | | |53. 1% |57. 87% |55. 96% | |Askari Bank |22,586,736 – 13,554,078 = |27,952,162 – 17,936,616= |32,766,351- 22,699,583= | | |9,032,658/22,586,736 = |10,015,546/27,952,162= |10,066,768/32,766,351 = 30. 72 % | | |39. 99% |35. 3 % | | |Bank Alfalah |35561312 – 24654180 =10907132/35561312 =|37530256 – 23855448= |44298178 –25687485= | | |30. 67% |13674808/37530256 = |18610693/44298178 = | | | |36. 44% |42. 01% |Banks |2009 |2010 |2011 | |UBL |53. 91 |57. 87 |55. 96 | |Askari Bank |39. 99 |35. 83 |30. 72 | |Bank Alfalah |30. 67 |36. 44 |42. 1 | [pic] Interpretation and comparison The analysis of the above table and graphical representation shows the Gross Spread Ratio of UBL 53. 91% in the period 2009 and increases to 57. 87% in the period 2010 and then decreases to 55. 96% in 2011 respectively, UBL is on the top in interest earning in the market. Askari bank ratio is 39. 99% in the period 2009, 35. 8 3% and 30. 72% in the periods 2010 and 2011. While Bank Alfalah ratio is increasing from 2009 to 2011 with 30. 67%, 36. 44% and 42. 01% which is better marginally then other banks.But UBL is earning more as compare to other two banks due to better policy making and service. 4 Non-Interest Income to Total Income Ratio Significance It is other income which a bank earn from its services related to non markup sources such as advisory services and consultation provided in risk management etc. It describes the percentage of non interest income to total income of the bank or company. FORMULA: Non Mark-up / interest income to total income ratio= non mark-up / interest income / (non mark-up / interest income +Mark-up / return / interest earned)*100 Banks |2009 |2010 |2011 | |UBL |11,419,571/72526596= |10,090,162/69421923= |12,718,253/83168728= | | |15. 75% |14. 53% |15. 29% | |Askari Bank |2,544,415/25131151= |2,800,297/30752459= |2,902,921/35669272= | | |10. 2% |9. 11% |8. 14% | |Bank Alfal ah |5182253/40743565 = |4708161/42238417= |5367713/49665891 = | | |12. 72 % |11. 15% |10. 81% | |Banks |2009 |2010 |2011 | |UBL |15. 5 |14. 53 |15. 29 | |Askari Bank |10. 12 |9. 11 |8. 14 | |Bank Alfalah |12. 72 |11. 15 |10. 81 | [pic] Interpretation and comparison The analysis of the above table and graph shows the Non Interest income of all the three banks with the highest ratio of UBL which is 15. 75% in the period 2009 and 14. 3% in the period 2010 and in 2011 is 15. 29% in comparison with Askari bank and Bank Alfalah. Askari Bank earn 10. 12% in the period 2009 and 9. 11% and 8. 14% in 2010 and 2011 which is declining. While Bank Alfalah ratios are 12. 72%, 11. 15% and 10. 81% in the years 2009, 2010 and 2011 is declining respectively. So, UBL shows better ratio as compare to the other banks in all the three years. The Results shows that UBL shows fluctuation while the other banks ratios show declining trend. Working of Total income of UBL Total Income= (Non mark-up / interest income +Mark-up / return / interest earned)    |Total Income |   |   | |Non Mark-up/interest income |11,419,571 |10,090,162 |12,718,253 | |Mark-up/return/interest earned |61,107,025 |59,331,761 |70,450,475 | |Total Income = |72526596 |69421923 |83168728 | Working of Total income of Askari Bank    |Total Income |   |   | |Non Mark-up/interest income |2,544,415 |2,800,297 |2,902,921 | |Mark-up/return/interest earned |22,586,736 |27,952,162 |32,766,351 | |Total Income |25131151 |30752459 |35669272 |Working of Total Income of Bank Alfalah Total Income= (Non mark-up / interest income +Mark-up / return / interest earned) |   |Total Income |   |   | |Non Mark-up/interest income |5182253 |4708161 |5367713 |Mark-up/return/interest earned |35561312 |37530256 |44298178 | |Total Income |40743565 |42238417 |49665891 | Interpretation and comparison Interpretation is missing. 5 Spread Ratio Significance It is the ratio that describes the markup spread between income and expens e. It helps to measure how much income bank earns by incurring markup cost.Higher ratio shows more profitability through loans and investments. Formula:- Spread Ratio = Interest Earned / Interest Expensed |Banks |2009 |2010 |2011 | |UBL |61,107,025/28,163,787= |59,331,761/24,997,188= |70,450,475/31,025,869= | | |2. 17 times |2. 37 times |2. 7 times | |Askari Bank |22,586,736/13,554,078= |27,952,162/17,936,616= |32,766,351/22,699,583= | | |1. 68 times |1. 56 times |1. 44 times | |Bank Alfalah |35561312/24654180 = |37530256/23855448= |44298178/25687485= | | |1. 44 times |1. 7 times |1. 72 times | |Banks |2009 |2010 |2011 | |UBL |2. 17 |2. 37 |2. 27 | |Askari Bank |1. 67 |1. 56 |1. 44 | |Bank Alfalah |1. 44 |1. 7 |1. 72 | [pic] Interpretation and comparison The analysis of the above table and graph shows the Spread Ratio of the UBL which is highest as compare to the other two banks, is at 2. 17 times in the year 2009 and increases to 2. 37 times in the year 2010 and 2. 27 times in the year 2011, decreases the zig zag trend is due to the fluctuation in both aspects interest earn and expensed. While the ratio of Askari bank 1. 67% in the year 2009, 1. 56% in the year 2010 and 1. 4% in the year 2011 respectively. Bank Alfalah ratio shows increasing trend throughout the three years 2009 to 2011 which are as 1. 44%, 1. 57%, 1. 72% which shows better recovery of interest income from its investments 6 Advances / Deposits Ratio Significance It defines the advances banks make from the available deposits. It measures the ability of the bank in fruitful usage of money of the depositors which will increase the markup income. FORMULA: Advances / Deposits Ratio= Total Advances/ Total Deposits Banks |2009 |2010 |2011 | |UBL |354,091,713/492,036,103= |333,732,172/550,645,767= |325,347,208/612,980,139= | | |0. 72 times |0. 61 times |0. 53 times | |Askari Bank |135,034,499/205,970,227= |152,784,137/255,936,503= |150,710,709/291,502,993= | | |0. 6 times |0. 60 times |0. 52 times | |Bank Alfalah |188042438/324759752= |207152546/354015311= |198468512/401247886= | | |0. 58 times |0. 59 times |0. 49 times | |Banks |2009 |2010 |2011 | |UBL |0. 2 |0. 61 |0. 53 | |Askari Bank |0. 66 |0. 60 |0. 52 | |Bank Alfalah |0. 58 |0. 59 |0. 49 | [pic] Interpretation and comparison The analysis of the above table and graph shows Advance/Deposit ratio of UBL which is very high as compare to other banks 0. 2 times in the year 2009 and 0. 61 times in the year 2010 and 0. 53 in the year 2011. Askari bank ratio is 0. 66 times, 0. 60 times and 0. 52 times in the consecutive years 2009, 2010 and 2011. While the ratio of bank Alfalah is 0. 58 times in 2009 and increases to 0. 59 times 2010 and decline drastically to 0. 49 times in 2011with 0. 10 times which shows that Bank Alfalah is not utilizing its deposits effectively as compare to other banks. 7 Return on Total Equity (ROE) Significance It measures income bank earns from the equity.It determines the ability of the institution how productively it uses the money of shareholders in its business. High ratio will allure more investors. FORMULA: Return on total Equity=Net Income/ Total equity*100 |Banks |2009 |2010 |2011 | |UBL |9,192,687/52276246*100= |11,159,930/60180924*100= |15,499,663/70,622,933*100= | | |17. 58 % |18. 4 % |21. 94% | |Askari Bank |1097507/ 13142688 |943177/ 14820578*100= |1627698/ 16508782*100= | | |*100= 8. 35 % |6. 36 % |9. 86 % | |Bank Alfalah |897035/ 19770260 *100= |968452/ 19726556*100= |3503130/ 22839886*100= | | |4. 4 % |4. 91 % |15. 34 % | |Banks |2009 |2010 |2011 | |UBL |17. 58 |18. 54 |25. 76 | |Askari Bank |8. 35 |6. 36 |9. 86 | |Bank Alfalah |4. 4 |4. 91 |15. 34 | [pic] Working of Total Equity UBL (UBL) |   |Working Total equity |   |   | |   |Total Equity |   |   | |   |2009 |2010 |2011 |Share capital |11,128,907 |12,241,798 |12,241,798 | |Reserves |18,959,537 |21,688,637 | | |Un appropriated profit |22,187,802 |26,250,489 | | |Total Equity |52276246 |60180924 | | |   |   |   |   | Working of Total Equity (Askari bank)    |2009 |2010 |2011 | |Share capital |5,073,467 |6,427,440 |7,070,184 | |Reserves |7,235,710 |7,691,319 |8,136,440 | |Un appropriated profit |833,511 |701,819 |1,302,158 | |Total Equity |13,142,688 |14,820,578 |16,508,782 | Working of Total Equity (Bank Alfalah)    |2009 |2010 |2011 | |Share capital |13491563 |13491563 |13491563 | |Reserves |3587969 |3819133 |4100264 | |Un appropriated profit |2690728 |2415860 |5248059 | |Total Equity |19770260 |19726556 |22839886 | Interpretation and comparison The analysis of the above table and graph show the Return On equity of all the three banks. UBL ratio is 17. 58% in the year 2009, 18. 54% in the year 2010 and 25. 76% in the year 2011. While Askari bank ratio is 8. 35% in 2009, 6. 36% in the period 2010 and 9. 86% in 2011 respectively. Bank Alfalah ratios are 4. 54%, 4. 91% and 15. 34% in the periods 2009, 2010 and 2011.So on marginal basis Alfalah improves utilizat ion of equity then other two banks. But on the whole, UBL is on the top in optimum utilization of stakeholders equity. 8 Debt Ratio Significance It measures the liabilities of the bank or company against the total assets. It should be low as investors like low ratio because the need their residual interest to be secured. FORMULA: Debt ratio= (Total debt/ Total assets)*100 |Banks |2009 |2010 |2011 | |UBL |558,779,710/619,718,433*100= |631,402,822/699,817,887*100= |698,906,833/778,059,741*100= | | |90. 7% |90. 22 % |89. 83 % | |Askari Bank |239,378,374/254,327,446*100= |298,740,410/314,744,552*100= |325,980,040/343,756,306*100= | | |94. 12 % |94. 92% |94. 83% | |Bank Alfalah |366936635/389070055*100= |389178295/411483839*100= |442396764/468173802*100= | | |94. 31% |94. 58 % |94. 49 % | Banks |2009 |2010 |2011 | |UBL |90. 17 |90. 22 |89. 83 | |Askari Bank |94. 12 |94. 92 |94. 83 | |Bank Alfalah |94. 31 |94. 58 |94. 49 | [pic] Interpretation and comparison The analysis of the above ta ble and graph show the Debt Ratio, UBL ratio is 90. 17 in the year 2009, 81. 15% in the year 2010 and 99. 7% in the year 2011. Askari bank ratio is 94. 12% in 2009, 94. 12% in 2010 and 94. 83% in 2011 which show consistency in the three years. Bank Alfalah shows also consistent trend in 2009, 2010 and 2011 are 94. 31%, 94. 58% and 94. 49%. So results show that UBL ratio is increasing which is not good indication as compare to other banks, while other banks are controlling effectively their Debt ratio. 9 Debt / Equity Ratio Significance It is the percentage of liabilities to shareholders’ money. It will define either the bank is equity or liability based. It also helps to assess the how risky the company is. FORMULA: Debt / Equity Ratio = (total debt/ total equity) Banks |2009 |2010 |2011 | |UBL |558,779,710/52276246= |631,402,822/60180924= |698,906,833/70,622,933= | | |10. 69 times |10. 49 times |9. 90 times | |Askari Bank |239,378,374/13142688= |298,740,410/14820578= |325, 980,040/16508782= | | |18. 21 times |20. 16 times |19. 75 times | |Bank Alfalah |366936635/19770260 = 18. 56 times |389178295/19726556= 19. 73 times |442396764/22839886= 19. 37 times | Banks |2009 |2010 |2011 | |UBL |10. 69 |10. 49 |11. 61 | |Askari Bank |18. 21 |20. 16 |19. 75 | |Bank Alfalah |18. 56 |19. 73 |19. 37 | [pic] Interpretation and comparison The analysis of the above table and graph shows the Debt/Equity ratio where UBL ratio is 10. 69% in 2009,10. 49% in the year 2010 and 11. 1% in the year 2011 respectively which remains consistent in first two years then increases in 2011. Askari bank ratio is 18. 21% in 2009 which too high as compare to UBL, 20. 16% in 2010 and 19. 75% in the year 2011. While Bank Alfalah is on the same level 18. 56% in 2009, 19. 73% and 19. 37% in the years 2010 and 2011. As as consequence of analysis, UBL ratio is much better then other banks as its ratio is approximately 8% below the other banks ratio. 10 Price/Earnings Ratio Significance It will define the price of share against the per share earning. It should be high as it shows business prosperity and growth chances are bright in future. FORMULA: P/E = Current Market Share Price/ EPS Working of EPS EPS WORKING UBL 2009 |2010 |2011 | |Net Income= 9,192,687 |Net Income= 11,159,930 |Net Income= 15,499,663 | |Number of shares= 1,112,890 |Number of shares= 1,224,179 |Number of shares= 1,224,179 | |= Net income/ outstanding number of shares |= Net income/ outstanding number of shares | | |=9,192,687 / 1,112,890 |= 11,159,930/1,224,179 |= Net income/ outstanding number of shares | |= 8. 26 per share |= 9. 12 per share |= 15,499,663/1,224,179 | | | |= 12. 66 per share |No of outstanding share figure has been taken from the notes i. e Share capital EPS WORKING ASKARI BANK |2009 |2010 |2011 | |Net Income= 1,097,507 |Net Income=943,177 |Net Income= 1,627,698 | | |Number of shares= 642,743 |Number of shares= 707,018 | |Number of shares= 507,346 |= Net income/ outstanding numbe r of shares | | |= 943,177/642,743 |= Net income/ outstanding number of shares | |= Net income/ outstanding number of shares |= 1. 47 per share |= 1,627,698/707,018 | |= 1,097,507/507,346 | | | | | |= 2. 30 per share | |= 2. 16 per share | | | BANK Alfalah 2009 |2010 |2011 | |Net Income= 897,035 |Net Income= 968,452 |Net Income= 3,503,130 | |Number of shares= 134,9156 |Number of shares= 134,9156 |Number of shares= 134,9156 | |= Net income/ outstanding number of shares |= Net income/ outstanding number of shares |= Net income/ outstanding number of shares | |= 897,035/ 134,9156 |= 968,452/ 134,9156 |= 3,503,130/ 134,9156 | |= 0. 66 per share |= 0. 71 per share |= 2. 59 per share | |0. 66 |0. 71 |2. 59 | Banks |2009 |2010 |2011 | |UBL |64. 25/8. 26= 7. 77 times |84. 23/9. 12= 9. 23 times | 84. 17/12. 66= 6. 64 times | |Askari Bank |45. 25/2. 16 = 20. 92 times |64. 75/1. 47 = 44. 12 times |73. 49/2. 30 = 31. 92 times | |Bank Alfalah |77. 45/0. 66 = 116. 48 times |114. 23/0. 72= 159. 13 times |16. 87/2. 60= 6. 69 times | |Banks |2009 |2010 |2011 | |UBL |7. 77 |9. 3 |6. 64 | |Askari Bank |20. 92 |44. 12 |31. 92 | |Bank Alfalah |116. 48 |159. 13 |6. 69 | [pic] Interpretation and comparison The analysis of the above table and graph shows the Price Earning ratios, UBL ratio is 7. 77 times in the year 2009, 9. 23 times in 2010 and 6. 64 times in the year 2011is respectively declining. While Askari bank ratio 20. 92 times in 2009, 44. 12 times in 2010 and increases to 31. 2, on the other hand you can see the P/E of bank Alfalah in year 2009,2010, 2011 is 116. 48 in year 2009, 159. 13 year 2010 and 6. 69 in year 2011. After the result it has proved that Bank Alfalah P/E is higher and better in year 2009 and year 2010 than other two banks. Askari bank and UBL shows declining trend which is unfavorable for the investors. Chapter 4) Conclusion and Recommendations 4. 1) Conclusion Following findings has been inferred on the basis of above ratio analyses which are as 1 . Net profit margin ratio of UBL is high as compare to Askari and Alfalah. In addition to that, Bank Alfalah captures the second level in the comparison.So, UBL has taken over the major share of profit margin 2. Analysis of Operating Cash Flow ratio shows Askari bank ratio is high as compare to UBL and Alfalah. 3. On the basis of ratio analysis UBL gross spread ratio is good and high as compare to Askari and bank Alfalah in the current year. While Bank Alfalah is ranked second in the comparison. 4. In accordance with the analysis of non-interest income to total income ratio UBL ratio is high as compare to the other two banks. While analysis show Askari bank ratio is lowest than UBL and bank Alfalah. 5. The analysis has shown UBL spread ratio is high and much better than other banks in comparison. 6.On the basis of advance/Deposit ratio analysis UBL ratio is high as compare to Askari and Alfalah in the current year. 7. The analysis of Return on equity ratio shows that UBL return is h igh and better than the other two banks. 8. Debt ratio Analysis shows that UBL ratio is high than other two banks. While Askari and Alfalah are at the same level. 9. According to the analysis of Debt/Equity ratio Askari bank ratio is high and bank Alfalah is on the second position. 10. The Price/Earning ratio of Askari bank is high in the analysis of the three banks. While UBL is on the second and bank Alfalah is on the third rank. 4. 2) Recommendations 1. The Net profit Margin ratio of Askari and bank Alfalah is low.In order to improve their net profit both the banks should have to cut down their non markup expenses while, on the other hand their turnover is satisfactory. 2. The Operating cash flow of UBL and Alfalah should have to be improved. These banks should decrease their current liabilities and ensure the availability of more liquidity to meet short term debts. 3. Askari bank and bank Alfalah both banks need to adopt measures to cut down their interest expenses in order to i ncrease their gross spread ratio. 4. In order to increase non interest income Askari and Alfalah needs to increase their earnings through fees, commissions and other advisory charges etc. 5.In Advance/Deposit ratio Askari bank and Alfalah should have to utilize their deposits in more projects either through corporate financing or general public financing. 6. 6. Return on total equity of Askari bank is low, it should increase its net income by cut down its expenses with significant margin. 7. Debt ratio of UBL is high so it should have to avoid more borrowings and use available funds in more proper ways. 8. Spread ratio of Askari bank is low as compare to other banks it should have to increase its lending and use deposits in effective ways. SECTION II a) Introduction of the student Last Degree Obtained: – Bachelor of Commerce Current Organization Dubai City Flowers LLC, Dubai, UAECurrent Designation: – Administration Manger Experience 10+ years b) BIBLOGRAPHY Askari ban k limited Pakistan. (2009). annual-reports. Retrieved December 6, 2012, from Askari bank Limited Official website:http://www. askaribank. com. pk/Reports/Askari%20Financials%202009. pdf Askari bank limited Pakistan. (2010). annual-reports. Retrieved December 6, 2012, from Askari bank Limited Official website:http://www. askaribank. com. pk/Reports/Askari%20AR2010%20(Final%20Version). pdf Askari bank limited Pakistan. (2011). annual-reports. Retrieved December 6, 2012, from Askari bank Limited Official website: http://www. askaribank. com. k/Reports/Askari%20AR%202011%20ALL. pdf United bank limited . (2009). Financial-reports. Retrieved December 6, 2012, from United bank Limited Official website: https://www. ubldirect. com/corporate/resources/ubl/aboutus/financial_report/report_2009/annual_dec09/UBLAnnualReport2009. pdf. United bank limited . (2010). Financial-reports. Retrieved December 6, 2012, from United bank Limited Official website: https://www. ubldirect. com/corporate/resour ces/ubl/aboutus/financial_report/report_2010/annual_dec10/UBLAnnualReport2010. pdf United bank limited . (2011). Financial-reports. Retrieved December 6, 2012, from United bank Limited Official website: https://www. ubldirect. om/corporate/resources/ubl/aboutus/financial_report/report_2011/Annual_Reports/UBL%20Annual%20Report%202011. pdf Bank Alfalah Limited. (2009). Financial-reports. Retrieved December 6, 2012, from Bank Alfalah Limited Official website: http://www. bankalfalah. com/about/download/AnnualReport2009. pdf Bank Alfalah Limited. (2010). Financial-reports. Retrieved December 6, 2012, from Bank Alfalah Limited Official website: http://www. bankalfalah. com/about/download/BALAnnualReport2010. pdf Bank Alfalah Limited. (2011). Financial-reports. Retrieved December 6, 2012, from Bank Alfalah Limited Official website: http://www. bankalfalah. com/about/download/BALAnnualReport2011. pdf

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One Job At a Time In the eighteen years I have been on this planet there are a few important things I have learned. One of the most important things I have learned is that jobs are not for me, at least not at this point in my life. Many different employers have employed me and I have had a taste of what the job world is all about, but I don’t want any part of it. Every job I have ever had has had people above me who were not always the most intelligent people around. There is nothing I hate more than unintelligent people telling me what to do. I have worked at a grocery store, a restaurant and a pool, all of which I have had mentally inferior superiors. But of the jobs I have listed, the one place that is the worst to work is a grocery store. The tasks one is asked to do as an employee of a grocery store are unimaginable. I think that being employed, especially to a grocery store, is not a good idea for teenagers because there are usually unintelligent people running them, it infringes on teenage lives, and some aspects of most of the jobs are disgusting. Bosses are probably the most difficult part of being employed to me. At the grocery store that I work at. I remember being constantly pulled aside and being told that I wasn’t bagging the groceries properly. The strange part was that when my boss would tell me these things, he would always take me to isle seven to scream and yell at me. Why couldn’t he take me into his office where it could be private? Instead he would make a big scene in front of all the old women shopping for those lovely canned foods and completely embarrass me. I never understood that. There was another reason why I knew my boss was not the brightest candle on the cake. I always had to remind him that I only worked on Tuesday’s and Thursday’s, but he could never grasp the concept. For some reason he was convinced that I worked everyday. Two days out of the five days I didn’t work I w... Free Essays on One Job At A Time Free Essays on One Job At A Time One Job At a Time In the eighteen years I have been on this planet there are a few important things I have learned. One of the most important things I have learned is that jobs are not for me, at least not at this point in my life. Many different employers have employed me and I have had a taste of what the job world is all about, but I don’t want any part of it. Every job I have ever had has had people above me who were not always the most intelligent people around. There is nothing I hate more than unintelligent people telling me what to do. I have worked at a grocery store, a restaurant and a pool, all of which I have had mentally inferior superiors. But of the jobs I have listed, the one place that is the worst to work is a grocery store. The tasks one is asked to do as an employee of a grocery store are unimaginable. I think that being employed, especially to a grocery store, is not a good idea for teenagers because there are usually unintelligent people running them, it infringes on teenage lives, and some aspects of most of the jobs are disgusting. Bosses are probably the most difficult part of being employed to me. At the grocery store that I work at. I remember being constantly pulled aside and being told that I wasn’t bagging the groceries properly. The strange part was that when my boss would tell me these things, he would always take me to isle seven to scream and yell at me. Why couldn’t he take me into his office where it could be private? Instead he would make a big scene in front of all the old women shopping for those lovely canned foods and completely embarrass me. I never understood that. There was another reason why I knew my boss was not the brightest candle on the cake. I always had to remind him that I only worked on Tuesday’s and Thursday’s, but he could never grasp the concept. For some reason he was convinced that I worked everyday. Two days out of the five days I didn’t work I w...

The 13 Best College Essay Tips to Craft a Stellar Application

The 13 Best College Essay Tips to Craft a Stellar Application SAT / ACT Prep Online Guides and Tips In many ways, the most labor-intensive part of your college application process is the essay. It’s not just about forwarding transcripts or entering a list of extracurricular activities- you have to craft something personal and compelling to show the admissions committee who you are beyond your resume. In this article, we’ll go over our 13 best tips for writing college essays. We’ll give tips for every step of the process including planning, writing, and editing your essay, as well as some quick and easy tips to boost any essays you already have written! With these college essay tips, you’ll be that much closer to the best admissionsessay ever! 5Tips for College Essay Planning Doing a good job planning makes the college essay process that much easier. These five college essay tips will help you get started and pave the way for a great final product. #1: Make a Plan of Attack for Your Essays The first thing you’ll need to do is identify all the essays you’ll need to write and their deadlines. It may help you to make a spreadsheet with the essay guidelines for each school, the word count, the prompts, the due date, and any special instructions. This will help you figure out: How many essays you’ll need to write, and how long those essays need to be. Whetheryou can reuse any essays: In general, you can reuse essays for prompts that are about your life, broadly similar in theme, and have a similar word count. You probably can’t reuse essays that are very specific to the college, like â€Å"Why This College† essays. Which essay you should write first: You’ll probably want to start first on the essay with the earliest application deadline. Alternatively, if you have plenty of time or the deadlines are close together, you could start with the longest essay (which will take the most time) or the essay that will be used for the most schools (like a Common Application essay). Do what you feel most comfortable with. With all this information gathered, you’ll be able to make a plan of attack for your essays and make sure nothing gets lost in the application shuffle. (In fact, I actually advise keeping track of all necessary components of your application in a spreadsheet for the same reason). #2: Start Early You want to start writing way before the deadline. If possible, give yourself at least two months, and maybe even more time if you can. This will make sure that you have enough time to adequately plan your essay, draft it, and edit it. And, of course, the more essays you have to write, the earlier you should start! Don't worry, you don't need to start this early. #3: Choose the Right Topic Choosing the right topic has two facets: first, choosing the right prompt (if there’s a choice) and second, choosing the right topic to write about for that prompt. The Right Prompt If there’s a choice of prompts, you may want to actually start by brainstorming the specific topic or thing in your life that you want to write about, and then reverse-engineer back to the most appropriate prompt. Most college essay prompts are pretty vague, so a broad range of topics and issues can be applied. You can also use prompts to help you brainstorm if you’re having a hard time figuring out what to write about. Think about the prompt that seems most appealing to you at first. What intrigues you about it? What do you think you could communicate about yourself through that question? Here’s some tailored guidance on some of the most common college essay prompt types. And if you’re writing a Common Application essay, here’s advice on how to choose the right Common App prompt for you. The Right Topic When you’re trying to choose something about your life to write about, consider the following: What are you excited to write about? A good college essay can be about a wide variety of topics, but it should show that you’re passionate about something. This could be anything from a hobby you have to your favorite book or even your most beloved stuffed animal, just so long as you can make it memorable and positive. Also, your writing will be a lot better if you are writing about something you care about and are interested in! Whatever you write about should be primarily about you. You should be the focal point. Even if you’re writing about someone who has influenced you, for example, you need to relate it back to yourself. What does this tell admission officers about you? What makes you stand out? This should be something that goes beyond what’s in the rest of your application. Your test scores and GPA are already there. What really shows something unique about you? Choose a topic you can be honest about. If you’re not being genuine, it will end up coming through in your writing. So don’t write about how much your membership in Youth Group meant to you if you only went to make your mom happy and you actually didn’t care that much. In general, you should avoid topics that are overly controversial, like things that are politically charged, doing things that are illegal, or anything involving graphic descriptions of any bodily function. So if you’re going to write about recovering from hip surgery, probably leave out the gory details of you being constipated and your oozy scars. Check out our 35 brainstorming techniques for college essays for even more help coming up with a topic! If you’re really stumped, consider asking your friends and family what they think could be good topics. They may help you figure out something memorable and interesting. But also, don’t feel like you have to write about a topic just because someone else thinks it would be great. You need to be genuinely interested in what you’re writing about to write an engaging essay! Be as passionate about your topic as this man is about table tennis. #4: Decide on Your Approach In general, there are two main approaches you might take to write your essay. It might primarily take a narrative format, or it might take a thematic format. In a narrative format, you’ll be relating a particular anecdote or experience and what it means to you. In a thematic format, you’ll present a particular theme- say, your love of parakeets or your secret talent for balancing books on your head- and expound on that theme in a descriptive way to reveal more about you and your personality. Sometimes your approach will be determined by the prompt or topic that you choose. For example, if a prompt says to relate a particular event or anecdote, you’ll probably use a narrative approach. By contrast, if you want to write about how your favorite book changed your life, that will probably be a thematic essay. #5: Write an Outline Doing a little bit of outlining before you put fingertips to keyboard to write your essay is always a good idea. You don’t necessarily need to make a super-detailed plan before you starting writing, but a general idea of where you are going and the points you want to make will be very helpful when you start drafting. Otherwise, you may find yourself spending a lot of time staring at a blank Word document. Yes, good, very detailed essay plan. 4 Top College Essay Writing Tips Here are four tips for writing college essays and making sure your workstands out in a good way: #6: Use Specific Details The more details you use, the more your writing will come alive. Try to use words that are vivid and specific, instead of ones that are vague like â€Å"nice,† â€Å"good,† and so on. This will really flesh out the scene and help the reader picture what’s going on. So take something like this: One of my biggest accomplishments in life was teaching my little brother to ride a bicycle. I encouraged him to keep going when he fell down. Now he’s a great cyclist! To something more like this: One of my biggest accomplishments in life was teaching my eight-year-old brother to ride the racy red bicycle he got for his birthday. He wanted to give up when he took a tumble and skidded across the sidewalk. But while I bandaged up his knees with Batman band-aids, I convinced him to give it another try. I told him to think about how he would be able to bike all around the neighborhood exploring. Now I smile whenever I see him zooming down our street- wearing his helmet, of course! See the difference? Wouldn’t you rather read the second one? Think how boring this angel statue would be if it was just kind of vaguely chiseled out of the rock. #7: Be Genuine It’s important to get beyond the superficial in your personal statement. You should be writing about something that’s genuinely important or significant to you, so try to get beyond the surface. Instead of writing vague platitudes about how you really like the violin but it’s hard, really get at the meat: did you ever think about quitting? What’s frustrated you the most? What really keeps you going? This means you shouldn’t try to write about things where it’s too painful to be honest. So if your parents got a divorce last year, it may be too raw to write about, which is perfectly fine. If, however, they got divorced when you were 5 and you can honestly reflect on how it changed your life, go for it. Of course, you want to be honest in a reasonable and appropriate way. If you overshare, it will make it seem like you have bad judgment or don’t understand social norms- not good impressions to give the admissions committee. So probably don’t write about how much you despise your mother and think she is evil since she had an affair with your school librarian. It’s fine to feel how you feel, but there are some things that are a little too charged to write in your college essay. #8: Be Unique, but Not Bizarre You definitely want your writing to set you apart- but you want it to set you apart in a good way. This means you want high-quality writing about unique experiences and qualities you bring to the table that aren’t covered elsewhere in your application. This does not mean you should get really avant-garde with your essay formatting. Don’t send in a piece of art instead of an essay, or make a video, or write a poem instead of an essay, unless those things are explicitly allowed. Similarly, while your essay doesn’t have to be 100% deadly serious in tone, you should be careful with humor. This doesn’t mean absolutely no jokes or tongue-in-cheek moments or that your essay should read like an 18th-century book of sermons. But if your essay relies too much on humor, you’ve got a lot riding on whether or not the person reading your essay â€Å"gets† it. They may well be annoyed. So deploy humor carefully and selectively. Sermons not necessary. #9: Avoid Cliches and Platitudes The more cliches you use in your writing, the more boring and less insightful your essay will be. Cliches are phrases that are so overused that they are essentially meaningless, and they are likely to make any reader roll their eyes. Phrases like â€Å"a dime a dozen,† â€Å"outside the box,† â€Å"cold as ice,† â€Å"dirt cheap,† â€Å"flash in the pan,† and so on are frequently deployed in conversation because they convey a common idea quickly. But you don’t want your essay to be common, so avoid cliches. Try to think about how you can communicate the same idea in a more specific and interesting way. Here’s a list of over 600 cliches. But for the most part, you won’t need a list; you’ll know something is a cliche because you will have heard it a million times already. You should also avoid platitudes or sweeping generalizations about life. These are statements that are so broad and far-reaching as to be both obvious and completely uninsightful. So avoid making statements like â€Å"And that’s how I learned that hard work pays off,† or â€Å"There’s no ‘I’ in team.† You may think you sound sage or wise, but the truth is, platitudes are going to sound immature and poorly-formed to the reader. Similarly, don’t say things that sound like they could come from an inspirational quote account on Instagram. (See, ahem, â€Å"You miss 100% of the shots you never take,† â€Å"Shoot for the moon,† and so on.) How do you avoid the platitude problem? Try to keep what you’re saying specific to you. So instead of saying â€Å"And that’s how I learned that hard work pays off,† try, â€Å"This experience helped me to realize that when I put concentrated effort into something that’s important to me, I can accomplish it even when there are roadblocks.† Keep the focus on what you can and will do in your own life. Avoid saying anything like this at all costs. 2 Tips for Editing Your College Essay You may think that once you’ve gotten a draft done that you’re good to go. Not so! Editing is one of the most important parts of writing the best college essay possible, and here are two essential college essay tips for editing. Tip #10: Ask for Help It’s always wise to get another set of eyes on your college essays. In fact, several sets of eyes is even better! Other people can help you make sure your essay flows, you have enough detail, that everything is relevant, and that you sound as engaging and interesting as you really are! They can also help you catch typos and other minor errors- although you’ll want to double and triple-check for that yourself before submitting. Here’s advice on how to ask for help with all parts of the college essay process, including editing. Tip #11: Be Prepared to Cut a Lot Brace yourself for cutting up your initial draft into tiny little ribbons and rearranging the remaining pieces Frankenstein-style. A first draft is really just a starting place to get your ideas down before you revamp the entire thing into a more streamlined, better organized, highly polished version. So you have to be ready to let go of pieces of your essay, no matter how much you love a particular turn of phrase or analogy. The ultimate goal is to turn the rough stone of your first draft into a polished and clear piece of writing- and that’s going to take a lot of chipping and sanding! Your finished essay is like this duck: many pieces arranged into an amazing whole. 2 Final Tips for College Essay Success Here are two quick but essential college essay tips you can implement easily. Tip #12: Have a Standout First Sentence One thing you can do to give any essay a boost is to make sure that your first sentence is attention-grabbing. If you can pique the interest of the admissions counselor right away, you’ll help keep their attention throughout your essay. Here’s our guide to getting that perfect first sentence! Tip #13: Triple-check for Typos and Errors The most important quick thing you can do for your essay is to make sure there are no typos or grammatical errors. It will make your essay look sloppy and unfinished, and that’s the last thing you want! College admissions officers expect a polished product, and there’s nothing less polished than misspelled words and comma splices. Looking all polished up and mighty fine. 13 College Essay Tips: Key Takeaways for a Great College Essay To recap, here’s our 13 tips for the best college essay ever: College Essay Planning Tips: Create a plan of attack for all of your essays so you can keep track of everything. Start early- at least two months before the due date, if not more. Choose the right prompt and topic for you. Decide between a narrative or a thematic approach to the topic. Outline before you start writing! College Essay Writing Tips: Use vivid, specific details. Be genuine- get beyond the superficial. Be unique, but not bizarre. Avoid cliches and platitudes; they are boring and unimaginative. College Essay Editing Tips: Get other people to look at your essay. Be prepared to change, cut, and rearrange a lot! Final Tips for College Essays: Make sure your first sentence is stellar. Triple check for typos and grammatical errors! Imagine the essay you could write about the time you painted Mr. Lurker's claws. What’s Next? You’ve read our tips for success- now see 10 college essay mistakes to avoid. Looking for some college essay examples? See 133 essay examples and expert analysis here, along with 11 more places to find great college essay examples. Check out our complete guides to ApplyTexas essays, UC Personal Insight questions, and the Common Application essay! Want to improve your SAT score by 160 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

Sir William Blackstone Essay Example | Topics and Well Written Essays - 1000 words

Sir William Blackstone - Essay Example Another strength of William Blackstone is depicted in the style he wrote the Commentaries. The Commentaries exhibit great simplicity, elegance, and clarity, especially in the language that was used to write it. The literary qualities employed are considered high, as well as the aspect of flattery on the side of public prejudices. For this reason, William Blackstone’s work had a great influence in England. This was accepted by the public and authorities in England as a revelation of the law that was highly authoritative. This served the same purpose to the educated class of England, as that of the publications of the previously unknown Roman laws to the Romans. Today, most of the English people still consider the criticism of William Blackstone of the English constitution, as a major political conviction.To a larger extent, Sir William Blackstone had considerable weaknesses, which became a basis for his critics. First, Blackstone is considered to have had only a vague grasp of the basic conceptions of law. This is evident in his regard for the English law during his time. His perception of municipal laws was also highly questionable. He is also considered not to have a proper conception of the technical terms of the Roman law, owing to his distinction between the rights that pertain to people and those that pertain to things. Although William Blackstone did not perform only the work that pertains to a legal commentator, he failed to address some important aspects in the social realm.

Topic Proposal Essay Example | Topics and Well Written Essays - 1000 words - 2

Topic Proposal - Essay Example Men object strongly to wearing a condom every time they have sex and would certainly object to the intrusiveness of any law requiring them to do so, but have no compulsions about demanding that a woman destroy her body because they didn’t. 1. Women, as independent free citizens of the world, have a right to make their own choices regarding their own bodies. Pregnancy can present numerous serious health risks and even more minor risks. At the least, the woman will experience weight gain, varicose veins, stretch marks and a potential caesarian scar if they go through with a pregnancy. 2. Women will continue to exercise their right to decide the direction of their own body even if it is taken away by law as ample evidence regarding illegal and unsafe abortions abounds from the era before it was made legal. 3. The Constitution protects the rights of women as U.S. citizens and therefore gives them the legal right to determine what to do with their body and places protections in place for her health and well-being. The fetus, not yet born and therefore not a U.S. citizen yet, has no such protections in place, nor should it at least until it is viable (able to survive outside of the womb). 4. Fetuses in fertility labs are destroyed all the time and thousands of pregnancies are never brought to term for a variety of natural and unnatural reasons so it is unreasonable to attempt to protect the rights of the not-yet-born, particularly when they infringe upon the rights of the already living. 1. Evidence exists to illustrate that the fetus is able to feel pain well before it is viable outside the womb, indicating that it is a living, feeling being and therefore should be protected under the law. 2. Legal abortions introduces the possibility for men to bully women into having an unwanted abortion or to use her unwillingness to have this abortion as an excuse to continue beating her or otherwise abusing her. By

Strategic management Essay Example | Topics and Well Written Essays - 2000 words - 4

Strategic management - Essay Example From the report, it is clear that the greatest threats that face Kepak Group are the increase in costs for the beef industry in terms of technology and the threat from cheaper beef from South America. However, they have major opportunities in the increase of population and evolving diets in Asia. This has informed their strategy. Table of Contents Contents Page 1. Executive Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦2 2. Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 3. Kepak’s Business Environment†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦......4 4. Kepak’s current strategy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦7 5. Appraisal of Kepak’s Business Strategy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...10 6. References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.12 7. Appendix†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..13 REVIEW OF THE STRATEGIC SITUATION OF KEPAK Introduction Kepak Group is a dynamic and young business that has become a leading company for food processing in Europe. Their success has been informed by their belief in pursuing a partnership approach through the development of customer relationships. The company is dedicated to consumer focus, brand management, innovation, as well as unwavering commitment to ensuring food safety. Because of volatile market requirements, Kepak Group continues to provide its consumers with quality products at prices that are competitive. Their operations are divided into three business units that comprise of Agra Trading, Kepak Convenience Foods, and Kepak Meat Division. Each of this division plays a crucial role in the expansion and growth of Kepak Grou p. The group processes more than 25,000 tons of consumer foods, 1.5 million lambs, and 30,000 cattle every year and has more than â‚ ¬750 million in turnover, employing in excess of 2,000 people. They have nine facilities for manufacturing across Ireland, as well as the UK, with sales presence in major countries in the EU and globally and a South American operations office. Kepak’s Business Environment PEST Analysis Political factors: With regards to the WTO, the lift from a successful DOHA Round deal would have to be balanced, as well as take Ireland’s agricultural interests into account. Ireland’s department of Agriculture continues to show strong reservations concerning current agricultural proposals in agricultural, particularly its potential effects on the Irish beef industry (Garavan, 2011: p43). It is estimated that Irish cattle prices could drop by 9% with output value of Irish beef dropping by â‚ ¬120m. A tariff reduction of 23%, furthermore, unde r sensitive designation of products would see beef imports increasing in the EU by 30%. Alternatively, if beef is not designated as a sensitive product, its negative impact on agriculture in Ireland could be higher. These circumstances, which would lead to a 70% tariff cut, would result in a drop in price for Irish beef, by more than 28% before the year 2017 and an annual beef output fall of â‚ ¬380m every year. Economic factors: The recent years have seen fluctuations of commodity prices, especially for beef and cereals. The medium-term products concerning agricultural commodities, despite the economic crisis, are promising (Garavan, 2011: p45). Changing dietary patterns, improved living

Organisational Analysis Essay Example | Topics and Well Written Essays - 2000 words - 3

Organisational Analysis - Essay Example She meets with an accident, after which she asks Ed Masry, a lawyer to sue the person who hit her. Ed promises her to win the case, but as the only evidence is that of the testimony of Erin herself, the twice-divorced, unemployed single mother stands no chance against a socially respected doctor. In her desperation to find a job, she accuses Ed Masry of failing her and forces him to give a clerk’s job in his own office. Though she lacks the necessary skills and prior experience, she goes about picking her way through the job. While filing papers one day, she comes across a real estate case in Hinkley. What grabs her attention is the fact that there are medical records of the Jensens family amidst the various real estate papers. Taking the permission from Ed to dig further, she goes to Hinkley to meet the family. Her investigations unfold a large conspiracy by the billion dollar company PG&E. The company has been knowingly polluting the area around Hinkley by leaking a toxic chemical called Hexavalent Chromium into the underground water, which causes serious ailments like Cancer. To cover this up, the company had offered to buy the land around Hinkley, thereby resulting in the real estate case of Jensens. It soon becomes apparent to Erin that not just their client, but most of Hinkley’s residents are being affected by Hexavalent Chromium in one way or the other. Erin goes on to persuade Ed and the rest of the neighborhood to take on the mighty corporation through a legal suit. Her determined fight to win the â€Å"largest settlement ever paid in a direct-action lawsuit†, forms the rest of the story. (Litoff 2011). Although the protagonist is not a typical employee nor does the story evolve around a big time organization, it is a story that is based on reality and has all the elements of an organizational life – individual goals and aspirations, social, cultural

Genetically Modified Food Essay Example | Topics and Well Written Essays - 500 words - 1

Genetically Modified Food - Essay Example   This means the losses incurred by farmers and other people who are involved in the same can easily be averted. Research also goes to show that genetically modified food is also resistant to herbicides which natural food can never be. These are some of its advantages but there are disadvantages too which must be considered to make its case even.   Last year a laboratory study was published which showed that pollen from B.t. corn caused high mortality rates in monarch butterfly caterpillars. Monarch caterpillars consume milkweed plants, not corn, but the fear is that if pollen from B.t. corn is blown by the wind onto milkweed plants in neighboring fields, the caterpillars could eat the pollen and perish. Although the Nature study was not conducted under natural field conditions, the results seemed to support this viewpoint. Unfortunately, B.t. toxins kill many species of insect larvae indiscriminately; it is not possible to design a B.t. the toxin that would only kill crop-damagi ng pests and remain harmless to all other insects.   There are several unknown effects of consuming genetically modified foods; more research is being conducted in this field. Research thus far has found both pros and cons of consuming genetically modified foods.   Countless children succumb to hunger each day in Africa; the problem of malnutrition can easily be solved should human beings start using genetically modified foods. Malnutrition can be slowly but steadily eliminated should genetically modified foods be used on a daily basis.

Temperature Effect Essay Example | Topics and Well Written Essays - 2250 words

Temperature Effect - Essay Example Wond and Batt (2003) espoused the first purpose of the experiment was to determine whether temperature significantly affected the amylase hydrolysis process of the fungial amylase enzyme. The second purpose of the experiment was to determine whether temperature significantly affected the amylase hydrolysis process of the bacteria amylase enzyme. Omemu et al. (2005) reiterated the Amylase enzyme is the major ingredient needed to catalyze the common starch compound into its expected elements. Amylase hydrolysis includes soluble maltose (sugar) procedures (Acton, 2013). Further, Carlsen et al. (1998) observed the soy sauce –generating Aspergillus_Oryzae Fungus produces the fungal amylase output. The group members can acquire the amylase in one of many forms, powder form. However, the liquid form can be used if the power form is not available. Supino (2012) explained the Hydrolysis can be defined as the effect of water on the chemical bonds’ cleavage. For example, hydrolysis is the breaking down of the carbohydrate compound into its sugar parts (molecules). Specifically, the experiment is likened to separating one compound into its different parts with the use of water. Hydro means water. Moreover, the amylase hydrolysis process focused on four different temperature conditions. The temperature levels are 0 degrees centigrade temperature, 39 degrees centigrade temperature level, 41 degrees centigrade temperature level, 54 degrees centigrade temperature level, 56 degrees centigrade temperature condition, 85 degrees centigrade temperature level.

Genetically Modified Food Essay Example | Topics and Well Written Essays - 500 words - 1

Genetically Modified Food - Essay Example   This means the losses incurred by farmers and other people who are involved in the same can easily be averted. Research also goes to show that genetically modified food is also resistant to herbicides which natural food can never be. These are some of its advantages but there are disadvantages too which must be considered to make its case even.   Last year a laboratory study was published which showed that pollen from B.t. corn caused high mortality rates in monarch butterfly caterpillars. Monarch caterpillars consume milkweed plants, not corn, but the fear is that if pollen from B.t. corn is blown by the wind onto milkweed plants in neighboring fields, the caterpillars could eat the pollen and perish. Although the Nature study was not conducted under natural field conditions, the results seemed to support this viewpoint. Unfortunately, B.t. toxins kill many species of insect larvae indiscriminately; it is not possible to design a B.t. the toxin that would only kill crop-damagi ng pests and remain harmless to all other insects.   There are several unknown effects of consuming genetically modified foods; more research is being conducted in this field. Research thus far has found both pros and cons of consuming genetically modified foods.   Countless children succumb to hunger each day in Africa; the problem of malnutrition can easily be solved should human beings start using genetically modified foods. Malnutrition can be slowly but steadily eliminated should genetically modified foods be used on a daily basis.

Does Specific Types of Post- Acute of Care Congestive Heart Failure Article

Does Specific Types of Post- Acute of Care Congestive Heart Failure (CHF) - Article Example An evaluation of the methods is used to determine the methods which can be employed to improve the management of the condition and prevent readmission. Congestive heart failure is a draining ailment with an increasing prevalence in various sections and regions of the world especially among the elderly people. This illness is one of the major causes of hospital admission in various health care facilities around the globe (Khatibzadeh et al, 2013). The treatment cost that is associated with this condition is approximated to be $ 20 billion. Medical therapy for the condition has ensured that the survival rates have been increased. However, beneficial effect on the quality of lives of patients has not been widely reported. Up to 20% of patients with congestive heart failure are normally readmitted to the hospitals and health facilities within thirty days of discharge (Lloyd-Jones et al., 2005). This number or rate of readmission however varies region wisely and is also dependent on the insurance coverage that each of these patients have. These costs of readmission have necessitated the assessment of the various conditions that pres ent a risk of admission and interventions have been developed to prevent readmission. The prevalence of congestive heart failure diseases around the world presents a fundamental challenge to the healthcare system. Many patients suffering from this condition have to be placed under acute care within the hospitals, and this does not always end the problem (Calvillo–King et al., 2013). Once the patient conditions improve, discharge becomes imminent and the lack of proper care after discharge leads to readmission of the patients. This research seeks to identify the effectiveness of the post-acute care interventions in the prevention of hospital readmission. These interventions have mainly been adopted and implemented in seeking to ensure the patients receive comprehensive care and are not

PlayStation 3 VS Xbox 360 Essay Example for Free

PlayStation 3 VS Xbox 360 Essay Although PlayStation 3 are both great systems, PlayStation 3 the better buy. Both consoles have awesome features such as 3D motion gaming, unlimited music, and online play. Only one of these consoles can be consider the best of the best. The PlayStation 3 is by far the superior console with its Blu-ray integration, amazing cell processor, and rechargeable wireless controller. The first difference is The PlayStation Network is free, whereas Xbox Live Gold charges a gamer yearly to use their services. After making one PlayStation purchase, a gamer does not have to worry about internet again. A person gets all the same features on PlayStation 3 for $250 dollars, plus forty extra gigabytes of memory. However, Xbox 360 costs $249 dollars plus fifty dollars for a one-year membership. Not including the fee of fifty dollars a person does not obtain the full features because they always have to worry about renewing their membership. Another difference is the PlayStation 3 controllers are rechargeable, while Xbox 360 controllers need batteries or other attachments. With the PlayStation 3 a gamer receive one controller with a chord to charge it. Also when the controller dies a gamer can hook it up to their PlayStation and it will still play as it charges. In contrast, a Xbox 360 does not come with a rechargeable controller, a gamer constantly has to buy batteries or pay extra for attachments. With the Playstation3 having the rechargeable controller gives a gamer more gameplay. Last but not least, PlayStation 3 graphics seem more defined, but Xbox 360 graphics are often unrealistic and cartoonish. The PlayStation has Blu-ray player for better graphics and watching movies. It’s very crisp and smooth because of the quick cell processor. On the other hand, Xbox 360 does not have Blu-ray capabilities and its processor is much slower. That makes the game’s and movie’s resolution much lower. The PlayStation 3 has faster and  more efficient technologies and that leads to better gaming experiences. Finally, with the free network that the PlayStation 3 has it will save a person more money than Xbox 360. Also having the rechargeable wireless controller with the PlayStation 3 a gamer is able to have more gameplay without worrying about paying for batteries or extra attachments. Last, even though Xbox 360 has an unlimited amount of games, its graphics are not as realistic as the PlayStation 3. In conclusion, the PlayStation 3 is by far the better gaming system to buy.

Determining Macronutrients in Milk Powder

Determining Macronutrients in Milk Powder Stefan Dodunski Mustafa Intro: Proximate analysis, or Weende analysis, is the investigation of different macronutrients in food based on the scheme devised in 1860 by Henneberg and Stohmann in Germany. This analysis was originally devised to duplicate the digestion of animals where the extraction of fat was placed in an acid solution to replicate the acid in the stomach and further by alkaline digestion to replicate the environment in the small intestine. Further to this nitrogen, crude lipid, crude fibre and ash are determined chemically. The determination of crude protein is based and approximated on the nitrogen content. For this project proximate analysis was used to determine percentages of moisture, fat, protein and ash in food. Nitrogen-free extract (NFE), a term used to cover all other material present in the sample, is not measured by proximate analysis but calculated by subtracting from 100, the sum of the percentages of moisture, fat, protein, fibre and ash. NFE represents a rough estimate of soluble carbohydrate and all errors of various determinations are reflected in this calculation. In this experiment total carbohydrate is estimated by difference as many foods are low in fibre and the fraction is often disregarded (Food Chem. for Nutrition Laboratory Manual, 2015). The food industry is highly regulated by government protocols and international standards and policies which ensure appropriate quality control and supply chain management of food products. In order to ensure that food products meet these requirements food analysis of the composition and characteristics of the foods are mandatory. The entire supply chain is monitored and controlled, from raw ingredients, through to production and within the marketplace (Nielson, 2010). Proximate analysis is the general way of estimating food composition and is very adept at comparing foods for nutritive value, legal aspects and blending of various foods in industry. Though this is a general comparison it is not specific to determining a specific substance or compound within a food but only a general estimation of moisture, ash and macronutrients (except alcohol). The determination of a specific substance is called â€Å"ultimate† analysis and is not used in the food industry for general comparisons. Methods of proximate analysis are empirical and are more easily performed and if procedure is done with good precision, can be reproducible (Food Chem. for Nutrition Lab Manual, 2015). Moisture is normally considered to be the material lost by a foodstuff on heating at a temperature around that of boiling water or by allowing the sample to stand over a dehydrating agent or by some similar form of measurement. It is generally considered as water but is actually the total volatile matter lost under these particular conditions. The remaining residue is termed the total solid (Food Chem. for Nutrition Lab Manual, 2015). The moisture content of the samples were determined by using both air-oven method and vacuum-oven methods. The use of a variety of ovens in the food industry are a popular method with the opportunity for various amounts of samples that can be analysed concurrently (Nielson, 2010). However with less precision yields less accurate results as different types of ovens will produce different volumes of moisture. Vacuum ovens are less accurate than air fan forced oven as they have the least amount of variance of heat distributed throughout the oven The protein content of foods is often determined on the basis of total nitrogen content and the Kjeldahl method has been almost universally applied to determine the nitrogen content (Kavanagh, 1981). Nitrogen content is then multiplied by a factor to arrive at protein content. This approach is based on two assumptions: 1. the dietary carbs and fats do not contain nitrogen and 2. nearly all nitrogen in foods is present as amino acids. The factor is based on the ratio of nitrogen to protein on a specific food being analysed. The nitrogen is then used through a conversion factor to determine the amount of protein. In this experiment the conversion factor was 6.38 as milk products have a nitrogen content of 15.67%. During digestion H2SO4 (sulphuric acid), at high temperatures, is used to catalyse the reaction by oxidising the organic matter and combining any ammonium formed. After digestion NaOH is added to make the sample alkaline and distilled and the resulting NH3 in dissolved in bori c acid. The solution is then titrated with HCL which neutralises the ammonium borate and a colour change from green untill red can be seen. The Mojonnier method was used to determine crude fat. The method depends on the partition of the fat between an organic solvent and the aqueous phase. (Food Chem. And Nutrition Lab Manual, 2105). The principle behind this method is that fat is extracted by ethanol and diethyl ether. Petroleum decreases the solubility of the water during the ether phase and diethyl ether serves as a lipid solvent. Ammonium hydroxide and ethanol are also used. Ammonium hydroxide decreased the viscosity of the sample by neutralising the acidity and broke ionic and covalent bonds. Ethanol aids in separation of the ether water phase and prevents the milk form forming a gel. Milk powder and other dairy products need to undergo this process during fat removal due to their tightly bound lipids to proteins, and carbohydrates, making use of simple non-polar solvents inadequate (Neilson, 2010). The ash of a food is the inorganic residue remaining after the organic matter has been burnt away. The ash is representative of all the minerals contained within the powder sample although the inorganic constitutes changes drastically. Metal ions are oxidised to oxides or combined with negatively charged elements. The ash obtained is not necessarily the exact same composition as the mineral matter present in the original food as there may be losses due to volatilisation or some interactions between constitutes. Therefore ash is regarded as the general measure of quality (Food Chem. For Nutrition, 2015). Aim: The aim of this experiment is to determine the total moisture content, nitrogen and crude protein, crude fat and inorganic matter from a specific milk powder. Materials: Proximate 1: Pocket Refractometer Pal-1 by Atago made in Japan Air-Oven Catalogue 240 by Contherm Scientific Company made in New Zealand Burn off Furnace BWF 1100 by Carbolite made in the UK Analytical Balance Machine AE200 by Mettler made in America Electronic Moisture Analyser MA 150 by Sartorius made in Germany Vacuum Oven VOC-300SD by Eleya made in Japan Proximate 2: 2100 Kjeltec Distiller by Foss Analytical made in Denmark Tecator Digestion System by Foss Analytical made in Denmark SuperVario-N Centrifuge by Funke-Gerber made in Germany Analytical Balance Machine AE200 by Mettler made in America Model 330 Boiling Bath by Contherm Scientific Company made in New Zealand Results: References: Nielson, S. S. (2010). Food Analysis. (4th ed.). New York, USA: Springer Retrieved from http://books.google.co.nz/books?id=JM R91MDsiECpg=PA87dq=moisture+content+of+foodhl=ensa=Xei=qeCFUYyTG4aFiAfX 94GYBgsqi=2ved=0CC0Q6AEwAA#v=onepageq=moisture%20content%20of%20foodf =false Food Chemistry for Nutrition Laboratory Manual. (2015) 151.231 Institute of Food, Nutrition and Human Health, Massey University: Palmerston North Kavanagh, F. (1981), Official methods of analysis of the AOAC, 13th ed. Edited by WILLIAM HORWITZ. The Association of Official Analytical Chemists, 1111 N. 19th St., Arlington, VA 22209. Retrieved from http://onlinelibrary.wiley.com/doi/10.1002/jps.2600700437/abstract http://en.wikipedia.org/wiki/Powdered_milk