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Wednesday, January 22, 2020

How does Mrs. Doubtfire change peoples lives? Essay -- English Literat

How does Mrs. Doubtfire change peoples lives? In this essay, we will be analysing the influence that Mrs Doubtfire's personality has on the characters around her. Moreover, we will be able to see how her presence causes a transformation in the behaviour of each member of the family, following their encounters with her. The film which is represented to us as a comedy, actually reveals itself to be of a more serious nature. The film is set in modern San Francisco and shows the break-down of a marriage between Miranda, a career woman and Daniel, a man with Peter Pan type traits. The three kids are pulled emotionally between the two parents, who are continually fighting. The novelty of the film is the "Nanny", Mrs Doubtfire, who is actually the husband in disguise, professionally made up by Daniel's brother. The humour of the situation is taken to the limits but the film leads us to a believable ending. Daniel Hillard, the father, is shown to us in the opening moments of the film, as a person of unusual talent. The gift he has for imitating voices is wonderful, but he won't say script lines he doesn't morally agree with: "Millions of kids see this cartoon do u think its right to promote smoking to the youth of America?" This sequence provides us with a development of the character's inner personality, showing strong morals and consciences. These characteristics are however, incompatible with an actor's job and so he reveals himself as an undisciplined and foolish person. When he loses his job we realise that he is very irresponsible and that losing his job is fairly usual for him and his kids. Although hurt by things going wrong, he is not able to see his own faults and do anything to change. Anoth... ...a finds it unfair that she has to always make sure her little sister and brother get home safely. Mrs Doubtfire gives her someone she can safely rebel against giving her an outlet for her feelings and she slowly grows up. For example she manages to set aside her pride and apologise to Mrs. Doubtfire. She starts to trust and confide in Mrs. Doubtfire. She becomes more helpful and mature. To conclude, the film can be looked at by different age groups and in different ways. As a comedy or a comedy with a moral:- that if parents try hard enough separations an be made less painful. Or as a drama of family life that uses comedy to make it more palatable showing that relationships have to be worked on all the time by both partners. That maybe, we should try to put a little bit of Mrs. Doubtfire's effort into our lives to improve ourselves! A film truly for all.

Tuesday, January 14, 2020

International Business Entry Modes

Introduction An international entry mode is an institutional agreement necessary for the entry of a company’s products, technology and human capital into a foreign country or market. The reluctance of firms to change entry modes once they are in place, and the difficulty involved in doing so, make the mode of entry decision a key strategic issue for firms operating in today’s rapidly internationalizing market place.The choice of mode will depend on internal characteristics (eg firm size, international experience) and external characteristics (eg the sociocultural distance between the host country and the home country) as well as the trade-off between desired mode characteristics (risk adverse, control and flexibility). The diagram below conveys 3 broad categories of modes of entry, and their fundamental trade offs.Further to the issues discussed above, no matter which of three of the export modes the manufacturer uses in a market, it is important to think about what lev el of ‘mindshare’ the manufacturer occupies in the mind of the export partner, as there has been a strong proven correlation between mindshare levels and how willing the export intermediary is to place on company brand in front of another, or how likely the intermediary is to defect. Good mind share will depend on scoring well across the three drivers of commitment and trust, collaboration and mutuality of interest & common purpose.  Control Key and Word – Text and Graphics.Export Modes Baring in mind the factors discussed above we will now review the different types of entry modes, beginning with export modes, as they are typically the modes used in initial entry to international markets, as they require a lower financial investment than other modes and can be viewed as a ‘toe in the water; for in experienced and smaller firms or where there may be risks (eg political, economic environmental) preventing FDI. The three major types of exporting are indirec t, direct and cooperative.Indirect export modes are modes in which the exporting manufacturer uses independent organizations located in a producer’s country, they include the use of an export buying agent, a broker, an export house, a trading company, or a piggyback. Indirect export modes may be appropriate for firms with limited- rather than long term- international expansion objectives. For example, if international sales are primarily used as a means of disposing of surplus production. The lack of contact with firms abroad will provide limited information to develop a plan for international expansion.In the use of such modes, there is limited control over the marketing mix (other than product). A direct export mode may be more appropriate in gaining a little more control, in which the manufacturer sells directly to an importer, agent or distributor in the foreign target market. The local party will bring the advantage of existing distribution networks, and will provide goo d local market knowledge. However, a company must be careful in entering into contracts as they can be difficult and costly to terminate, and can go wrong when there is a conflict in interests (e. . it may sell rivals goods or competing product lines). Similarly, there is a serious disincentive for the agent/distributor in that if it performs well and develops the market, it risks being replaced by a subsidiary of the principal. Intermediate modes As a firm gradually evolves towards more foreign based operations, Intermediate modes will become more suitable modes of entry. This will likely include firms possessing some sort of competitive advantage that are unable to exploit this advantage because of resource constraints.Intermediate modes take the form of contract manufacturing, licencing, franchising, a joint venture or a strategic alliance. Contract manufacturing- where manufacturing is contracted to an external foreign partner provides a low risk and potentially low cost mode of entry. Benetton and Ikea are a good example of companies who successfully rely on a contractual network of small overseas manufacturers. Benetton has over 80% of its production outsourced to 450 contractors (located in low cost production countries such as India and China).As a result of the money saved on labour, Benetton can sell products 20% cheaper, helping it to maintain a low cost position in comparison to competitors. Of course, this method may not be appropriate for every company as there is a loss of knowledge and intellectual property rights, and the transaction costs involved must also be considered. Licensing differs from contract manufacturing in that more value chain functions have been transferred to the licensee. In outsourcing production and downstream activities a licensor irm can concentrate on its core competences and therefore will remain technologically superior in its product development- for example Apple licenses its brand to manufacturers of accessory prod ucts, and the BBC licenses rights to broadcast TV shows around the world. However a lack of control over licensor operations and therefore quality may lead a company to use franchising (a sub variant of licensing) in which the franchisor gives a right to the franchisee against a payment, EG a right to use a total business concept/system, including the use of trademarks/brands, against some agreed royalty.Franchising not only provides a greater degree of control than licensing, but It can also be seen as low cost and low risk as the franchise are the ones investing in the necessary equipment and know-how. This entry mode has been seen to generate great successes for companies such as McDonalds who now franchises 25000 restaurants globally. However, it should be noted that there is still a lack of full control over franchisee’s operations, which can result in problems with cooperation, communications, quality control etc, and a risk of damage to the company’s internation al reputation if some franchisees underperform (‘’free-riding’’).Another intermediary mode that will allow greater control is a joint venture, in which 2 ‘parent’ companies create a new ‘child’ company. This high degree of control and local knowledge is a clear advantage of such an entry mode. The shared knowledge and resources gained through a JV as compared with wholly owned subsidiaries will bring many advantages such as economies of scale. However of course there is a loss of confidentiality and flexibility, and the use of double management will raise questions about how the company is split- 50/50?If 50/50, it is difficult for the board to make decisions, if at all! Hierarchical modes of entry allow the highest degree of control for a firm, while at the same time, the highest degree of risk as the firm completely owns and controls the foreign entry mode. To have a wholly owned subsidiary a firm can either acquire an existing company (acquisition) or build on its own operations from scratch (greenfield/brownfield investment). An acquisition will provide rapid entry, access to distribution channel, an existing customer base.This may be the only feasible way of establishing a base in the host country in saturated markets, or where there are substantial entry barrier and therefore little room for a new entrant. Of course, as with intermediary modes, there is the issue of contracts, negotiation and the different management styles between companies. If difficulties (eg no appropriate acquisition) are encountered with acquisitions, it may lead firms to prefer to establish greenfield (new facility) and brownfield (existing facilities) operations.Out of the two- greenfield is seen as an advantageous option because the new plant will involve the latest technology and equipment, avoiding the problem of trying to change the traditional practices of an established concern. Although this is a big investment for a com pany involving slow entry into the foreign market, the returns are long term and the firm has control over the entire operation. Conclusion It cannot be stated categorically which alternative is the best.There are many internal and external conditions which affect this choice and it should be emphasized that a manufacturer wanting to engage in global marketing may use more than one of these methods at the same time (Petersen and Welch, 2002). Such ‘mode packages’ may take the form of a concerted use of several operation modes in an integrated, complementary way. Zara is a good example of this- in markets where the hierarchical model is used, there is high growth potential and relative low sociocultural distance between the home country of Spain and target market.The intermediate modes (usually joint venture and franchising) are mainly used in countries where the sociocultural distance is relatively high. For example in 1999, Zara entered into a 50-50 JV with the German firm OTTO Versand, which had experience in the distribution sector and market knowledge in one of Europe’s largest markets, Germany. Whereas franchising is used by Zara in high risk countries which are socio-culturally distant or have small markets which allow sales forecast such as Andorra, Puerto Rico or the Philippines. International Business Entry Modes Introduction An international entry mode is an institutional agreement necessary for the entry of a company’s products, technology and human capital into a foreign country or market. The reluctance of firms to change entry modes once they are in place, and the difficulty involved in doing so, make the mode of entry decision a key strategic issue for firms operating in today’s rapidly internationalizing market place.The choice of mode will depend on internal characteristics (eg firm size, international experience) and external characteristics (eg the sociocultural distance between the host country and the home country) as well as the trade-off between desired mode characteristics (risk adverse, control and flexibility). The diagram below conveys 3 broad categories of modes of entry, and their fundamental trade offs.Further to the issues discussed above, no matter which of three of the export modes the manufacturer uses in a market, it is important to think about what lev el of ‘mindshare’ the manufacturer occupies in the mind of the export partner, as there has been a strong proven correlation between mindshare levels and how willing the export intermediary is to place on company brand in front of another, or how likely the intermediary is to defect. Good mind share will depend on scoring well across the three drivers of commitment and trust, collaboration and mutuality of interest & common purpose.  Control Key and Word – Text and Graphics.Export Modes Baring in mind the factors discussed above we will now review the different types of entry modes, beginning with export modes, as they are typically the modes used in initial entry to international markets, as they require a lower financial investment than other modes and can be viewed as a ‘toe in the water; for in experienced and smaller firms or where there may be risks (eg political, economic environmental) preventing FDI. The three major types of exporting are indirec t, direct and cooperative.Indirect export modes are modes in which the exporting manufacturer uses independent organizations located in a producer’s country, they include the use of an export buying agent, a broker, an export house, a trading company, or a piggyback. Indirect export modes may be appropriate for firms with limited- rather than long term- international expansion objectives. For example, if international sales are primarily used as a means of disposing of surplus production. The lack of contact with firms abroad will provide limited information to develop a plan for international expansion.In the use of such modes, there is limited control over the marketing mix (other than product). A direct export mode may be more appropriate in gaining a little more control, in which the manufacturer sells directly to an importer, agent or distributor in the foreign target market. The local party will bring the advantage of existing distribution networks, and will provide goo d local market knowledge. However, a company must be careful in entering into contracts as they can be difficult and costly to terminate, and can go wrong when there is a conflict in interests (e. . it may sell rivals goods or competing product lines). Similarly, there is a serious disincentive for the agent/distributor in that if it performs well and develops the market, it risks being replaced by a subsidiary of the principal. Intermediate modes As a firm gradually evolves towards more foreign based operations, Intermediate modes will become more suitable modes of entry. This will likely include firms possessing some sort of competitive advantage that are unable to exploit this advantage because of resource constraints.Intermediate modes take the form of contract manufacturing, licencing, franchising, a joint venture or a strategic alliance. Contract manufacturing- where manufacturing is contracted to an external foreign partner provides a low risk and potentially low cost mode of entry. Benetton and Ikea are a good example of companies who successfully rely on a contractual network of small overseas manufacturers. Benetton has over 80% of its production outsourced to 450 contractors (located in low cost production countries such as India and China).As a result of the money saved on labour, Benetton can sell products 20% cheaper, helping it to maintain a low cost position in comparison to competitors. Of course, this method may not be appropriate for every company as there is a loss of knowledge and intellectual property rights, and the transaction costs involved must also be considered. Licensing differs from contract manufacturing in that more value chain functions have been transferred to the licensee. In outsourcing production and downstream activities a licensor irm can concentrate on its core competences and therefore will remain technologically superior in its product development- for example Apple licenses its brand to manufacturers of accessory prod ucts, and the BBC licenses rights to broadcast TV shows around the world. However a lack of control over licensor operations and therefore quality may lead a company to use franchising (a sub variant of licensing) in which the franchisor gives a right to the franchisee against a payment, EG a right to use a total business concept/system, including the use of trademarks/brands, against some agreed royalty.Franchising not only provides a greater degree of control than licensing, but It can also be seen as low cost and low risk as the franchise are the ones investing in the necessary equipment and know-how. This entry mode has been seen to generate great successes for companies such as McDonalds who now franchises 25000 restaurants globally. However, it should be noted that there is still a lack of full control over franchisee’s operations, which can result in problems with cooperation, communications, quality control etc, and a risk of damage to the company’s internation al reputation if some franchisees underperform (‘’free-riding’’).Another intermediary mode that will allow greater control is a joint venture, in which 2 ‘parent’ companies create a new ‘child’ company. This high degree of control and local knowledge is a clear advantage of such an entry mode. The shared knowledge and resources gained through a JV as compared with wholly owned subsidiaries will bring many advantages such as economies of scale. However of course there is a loss of confidentiality and flexibility, and the use of double management will raise questions about how the company is split- 50/50?If 50/50, it is difficult for the board to make decisions, if at all! Hierarchical modes of entry allow the highest degree of control for a firm, while at the same time, the highest degree of risk as the firm completely owns and controls the foreign entry mode. To have a wholly owned subsidiary a firm can either acquire an existing company (acquisition) or build on its own operations from scratch (greenfield/brownfield investment). An acquisition will provide rapid entry, access to distribution channel, an existing customer base.This may be the only feasible way of establishing a base in the host country in saturated markets, or where there are substantial entry barrier and therefore little room for a new entrant. Of course, as with intermediary modes, there is the issue of contracts, negotiation and the different management styles between companies. If difficulties (eg no appropriate acquisition) are encountered with acquisitions, it may lead firms to prefer to establish greenfield (new facility) and brownfield (existing facilities) operations.Out of the two- greenfield is seen as an advantageous option because the new plant will involve the latest technology and equipment, avoiding the problem of trying to change the traditional practices of an established concern. Although this is a big investment for a com pany involving slow entry into the foreign market, the returns are long term and the firm has control over the entire operation. Conclusion It cannot be stated categorically which alternative is the best.There are many internal and external conditions which affect this choice and it should be emphasized that a manufacturer wanting to engage in global marketing may use more than one of these methods at the same time (Petersen and Welch, 2002). Such ‘mode packages’ may take the form of a concerted use of several operation modes in an integrated, complementary way. Zara is a good example of this- in markets where the hierarchical model is used, there is high growth potential and relative low sociocultural distance between the home country of Spain and target market.The intermediate modes (usually joint venture and franchising) are mainly used in countries where the sociocultural distance is relatively high. For example in 1999, Zara entered into a 50-50 JV with the German firm OTTO Versand, which had experience in the distribution sector and market knowledge in one of Europe’s largest markets, Germany. Whereas franchising is used by Zara in high risk countries which are socio-culturally distant or have small markets which allow sales forecast such as Andorra, Puerto Rico or the Philippines.

Sunday, January 5, 2020

My Love Affair With Computers - 1100 Words

STATEMENT OF PURPOSE My love affair with computers started in high school when I read about the work of Alan Turing and how he created an advanced computer system to break German codes and thus helped win the war. My fascination grew when I found out that the console games I played at home were essentially pieces of computer codes running on specialized computer systems. When I had Computer Applications as a course of study in my school, I spent an inordinate amount of time trying to find how these intelligent machines ticked. Sensing my curiosity, my family bought me a computer system, which greatly contributed to my knowledge of this wonderful device. I explored every nook and cranny, trying to understand and further deepen my knowledge in this particular field, going as far as sneaking into advanced classes on computers in my school. As I grew up, I observed that Computers find their application in a wide range of fields from high end devices in large scale industries to the smallest appliances used in homes; practically everything can be controlled by computers. So naturally when it came to picking the subject of my choice at undergraduate level, I picked Computer Science as my field of study. During my under graduation, I was exposed to subjects such as Software Engineering, Microprocessor Interfacing and Computer Network. While software engineering cleared my concepts and understanding of the actual software term, computer networks helped me understand howShow MoreRelatedTechnology Is The Reason Why The World Turns Essay1216 Words   |  5 Pagesrequire a computer are easier. The first computer, the birth of the internet, and the history of the first transportable devices are reasons there are many more jobs today and how jobs can be completed more efficiently. 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Saturday, December 28, 2019

Anthem For Doomed Youth By Wilfred Owen - 1187 Words

Wilfred Owen joined the corps in 1915, at the tender age of twenty-two therefore his poems are testimonial, reflecting the gullibility evinced by many of the other young soldiers who fought in the World War. Consequently, Owen’s poems allude to a theme of the loss of innocence in the young soldiers as they were unprepared for the reality of what they would encounter. He also illustrates that the soldiers joined for materialistic reasons (e.g. titles, patronage) spurred in by the fervent propaganda. The presentation of Anthem for Doomed Youth, in a pessimistic and bleak manner, reinforces Owen’s frustration at the misfortune entrenched into the young soldiers lives as a result of the war. Irony is evident through the title, as youth and doomed are juxtaposed. ‘Youth’ is often associated with optimism and liberty whilst ‘doomed’ imitates inevitable ruin. Consequently, Owen uses this paradox to suggest that these soldiers are prone to lose their youth and are destined to have a bitter future. Furthermore, using the term ‘anthem’ to describe the poem is somewhat satirical as he hints at the prevailing attitude of nationalism which existed during the time of war but where anthems tend to be elevating and celebratory, the tone of this ‘anthem’ is tragic. ‘Anthem for Doomed Youth’ is a poem that explores the effect of post-traumatic stress disorder and the mistreatment that the soldiers experience even after death. Although, the speaker is disembodied; Owen’s own voice andShow MoreRelatedAnthem for Doomed Youth by Wilfred Owen776 Words   |  3 Pages â€Å"Anthem for Doomed Youth† is a poem written by Wilfred Owen who was a soldier that died in the Great War. Throughout his poem he effectively communicates the distress and terror he experienced during his time of service. 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Owen’s poem in the form of a sonnet puts the volta going from the first to second stanza by connectingRead MoreWilfred Owen Anthem for Doomed Youth Analysis1000 Words   |  4 PagesAnthem of the Doomed Youth by Wilfred Owen The poem I chose to study is Anthem of the doomed youth by Wilfred Owen. Wilfred Owen, the son of a railway worker, was born in Plas Wilmot, near Oswestry, on 18th March, 1893. Owens youthful illusion of the glory of fighting as a soldier was reflected in his words to his mother on his return to England shortly before volunteering for the army...I now do most intensely want to fight. In the summer of 1917 Owen was badly concussed atRead MoreEssay Anthem for Doomed Youth by Wilfred Owen1182 Words   |  5 PagesAnthem for Doomed Youth by Wilfred Owen The sonnet ‘Anthem for Doomed Youth’, by Wilfred Owen, criticizes war. The speaker is Wilfred Owen, whose tone is first bitter, angry and ironic. Then it’s filled with intense sadness and an endless feeling of emptiness. The poet uses poetic techniques such as diction, imagery, and sound to convey his idea. The title, ‘Anthem for Doomed Youth’, gives the first impression of the poem. An ‘anthem’, is a song of praise, perhaps sacred, so we getRead More`` They `` And Wilfred Owen s `` Anthem For Doomed Youth ``1460 Words   |  6 PagesSiegfried Sassoon’s â€Å"They† and Wilfred Owen’s â€Å"Anthem for Doomed Youth† depict disillusionment with religion justifying or romanticizing World War I. Both these poems express the authors’ frustrations that religion cannot justify the tragedies and consequences of the war. These frustrations are conveyed through tones of mocking and sarcasm, in addition to other methods. In â€Å"They† Sassoon creates a conversation between a Bishop and soldiers to express his frustration, while Owen uses sarcastic questionsRead MoreEssay on Anthem for Doomed Youth Commentary Wilfred Owen1216 Words   |  5 PagesThe sonnet ‘Anthem for Doomed Youth, by Wilfred Owen, criticizes war. The speake r is Wilfred Owen, whose tone is first bitter, angry and ironic. Then its filled with intense sadness and an endless feeling of emptiness. The poet uses poetic techniques such as diction, imagery, and sound to convey his idea. The title, ‘Anthem for Doomed Youth, gives the first impression of the poem. An ‘anthem, is a song of praise, perhaps sacred, so we get the impression that the poem might me about somethingRead MoreThe Soldier By Rupert Brooke And Anthem For Doomed Youth By Wilfred Owen1367 Words   |  6 Pages‘The Soldier’ by Rupert Brooke and ‘Anthem for Doomed Youth’ by Wilfred Owen are two World War One era sonnets, both making a comment on what it means to die in war. The two poets show very different views on war, as both had very different experiences in war. Rupert Brooke died before he made it to war, his poem highlights the soldier as a hero and glorifies dying in war, in contrast Wilfred Owen shows a grittier side to death in war, as he experienced war first hand and his poem is real and brutalRead MoreEssay about Analysis of Anthem For Doomed Youth by Wilfred Owen937 Words   |  4 PagesAnalysis of Anthem For Doomed Youth by Wilfred Owen The first poem that I am to analyse is Anthem for Doomed Youth, written by Wilfred Owen. This poem is a sonnet. It has fourteen lines. In this poem, the first and fourth lines rhyme, as do the second and third. The first stanza is mainly about the battlefield, whereas the second stanza is more about the feelings of friends and family back at home. 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The two sonnets â€Å"Anthem for Doomed Youth† by Wilfred Owen and â€Å"Trench Duty† by Siegfried Sassoon are two tal es inspired by their experiences fighting in WW1 and all the horrors that war made them experience. Both poets use different sonnet structures, yet convey quite similar messages. In addition, these poets develop powerful images and metaphors, but in subtly different ways. Sassoon and Owen use structure, imagery and metaphor to show his audience the

Friday, December 20, 2019

Science Supporting Mental Illness And The Diagnosis Thereof

There has been many strides in the field dedicated to the science supporting mental illness and the diagnosis thereof. Today there exists two widely adopted methodologies to diagnosing and classifying mental disorders amongst psychology and psychiatry professionals. One process; the ICD-10 (International Statistical Classification of Disease), which is maintained by the World Health Organization, was adopted by the United Nations with the introduction of the first section on Mental Health in the 1949 publication of ICD-6. The DSM-5 is the second, it was introduced by the APA (American Psychological Association) in 1952. While both methods of discernment have been greatly useful in furthering the science to aiding those who suffer from mental illness, it is important to note that it is not my intention to deduce any form of resolve that suggests my stance is a claim of fact that the phenomena of mental illness, to include the extensive fields surrounding the mental health sciences , are in any way fictitious or embellished. In my opinion, there is no question that undeniable proof that there are in fact individuals whom suffer and struggle daily from the ramifications of overwhelming social and psychological quagmires. However, it is important to recognize the palpability between the overlapping and, at times, contradictory interpretation of ‘diagnosable-codes’ present in the process of reaching a deduced and conclusive interpretation of a patient’s behavior(s) and/orShow MoreRelatedThe Icn Code of Ethics for Nurses3808 Words   |  16 PagesNurses have four fundamental responsibilities: to promote health, to prevent illness, to restore health and to alleviate suffering. The need for nursing is universal. Inherent in nursing is respect for human rights, including cultural rights, the right to life and choice, to dignity and to be treated with respect. Nursing care is respectful of and unrestricted by considerations of age, colour, creed, culture, disability or illness, gender, sexual orientation, nationality, politics, race or social statusRead MorePoverty Term Paper4739 Words   |  19 Pagespoverty can be eradicated in comparison to Primary Health Care which has a target of treating diseases. 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Thursday, December 12, 2019

Business Process Modelling For Organisations - Myassignmenthelp.Com

Questions: What is the role of business process modelling for organisations such as Balogne? What are some benefits to the General Manager, Ms Erica Norris in viewing a Process Model such as your Swim Lane diagram for Balogne? Include your Swim Lane diagram (from Task B) as part of your explanation How could using a software tool such as Microsoft Excel support Ericas business decision-making? Refer to the two (2) graphs (from Task C) as part of your explanation. How could Balogne use Web 2.0 applications to better collaborate inside and outside the organisation? In your explanation include two (2) different types of Web 2.0 applications you would recommend for adoption by Balogne. The first application must address the use of Web 2.0 for internal communication while the second application could be used to communicate with farmers or distributors. Answers: Introduction The report comprises of three parts. The first one describes the business process modelling of the company BalognePty. Ltd. The second part includes how the web 2.0 will effective for the communication of internal and external processes of the company (Andriole 2012). The third part have sales data analysis from using excel and net profit index of the years 2014 and 2015. Part A Business process modelling, its usefulness for Balogne A business process modelling is a series of activities in a diagram connected through lines. A flow chart of activities that an organisation goes through to achieve the product that are sold in the market. It is essential for higher-level organisations and has continuous improvement of their operational activities (Tredinnick 2013). It includes both Information technology process and people process. The flow chart includes the resources and activities that are there for combining the work. The bigger the organisation the more scalability and complex the operations and the process involved. The purpose of this flow diagram is to materialise the outcome of the performance parameters and focus improvement. Increase value added actions for the customer and reduce cost for the company. It also makes divisions of activity and makes distinct responsibility points. The process model of the activities of Balogne makes distinct process that the company goes through and different departments that are there to handle different responsibility (Chen, Chiang and Storey 2012). The general manager can view the different department and the activities that are there in the process flow diagram in part B. The five different departments consolidate the process the company goes through to make consumable sugar. It is helpful in decision making with the help of the sales data and analysis part. It also helps in identifying redundancies, gap and if there is any duplication of process. Utility of Microsoft excel in business decisions The software tool is helpful for analysis and drawing conclusion from the sales data that are collected from the business tool. The functioning (fx) in Microsoft excel is rather easy to use for calculation and if the data and its observations are huge in number one can easily draw conclusion. The explanation of the graphs and their analysis The values got using the functions of Microsoft excel are given in the spreadsheet. The golden syrup component of sugar is the most profit making and the percentage of growth from 2014 to 2015 is the highest near about 51% of growth in earning as well as profit. The ascending order of growth is brown sugar raw sugar icing caster are accordingly in making growth in earning. The loss making components of sugar are in ascending order white sugar sugar cubes treacle. Graph 2 suggests the difference in the earnings in 2014 and 2015. This gives the insight that the company is growing by years and their earnings are growing. The difference in earnings in dollars is $13, 42,300. The investment decisions can be made by this information and where the sale is increasing and where the products are making loss and what are the future steps that can be taken for recovery from loss can be identified from the excel sheet. The outlook of the % growth or loss in difference is given in the V-looku p function and the intensity of growth and loss can also be calculated. Use of web 2.0 for Balogne Web2.0 is worldwide websites that are used for better communication among the organisations and the companies that use this have really benefited from this.69% of users of web 2.0 has benefited from this new technology. This enable the company by introducing more innovative products, marketing that is more effective, idea sharing, improved communication, better access of knowledge, lower cost of doing business, higher revenues(Jussila, Krkkinen and Aramo-Immonen 2014). This also enhances the cultural benefit of the organisation and better networking of internal and external stakeholders (Venkatesh Croteau and Rabah 2014). The integration of the whole organisation process can also be benefited as that may include the whole Enterprise resource planning affective (Sigala 2012). The features that make it unique are user generated content, interoperability(Kim, Lee and Lee 2013) Collaborative consumption Mash up applications Ease of use The two different types of application that will be useful for the Balogne are Integration and communication The interdepartmental communication is very essential for and organisation to have a smooth process (Tucker 2014). This application can be used for communication between the departments and thus it enhances the use of email, fax, feed processor, file sender, instant messenger, polls, voicemails, micro blogging and web conferencing. Integration, writing applications and networking office suites, boards, feed reader, which includes Google Reader, Blog lines, Feed Lounge, Feeds 2.0,News Alloy, NewsGator, News hutch, Rojo, Wizag. Writing applications like Gmail, Fleck, Google Notebook, Helipad, Magnoto, Posticky.com, shortText.com, Snap Bits, SNIPPit, StickyTag, stikkit, Workspace, Wridea will be useful to communicate to the farmers and distributors (Laudon and Traver 2013). The utility of flash card exchange, notemesh can be advantageous as any message can be communicated at the time of emergency in manufacturing process. Part B The process model Assumptions The swim lane diagram of the process flow is the consolidation of beginning point, activities, decision, and terminal point. The swim lane diagram the beginning point is the harvesting of the sugar cane from farmers, which is given in the shape of rounded rectangle (Oreilly 2012). The end-point is collection of data for the sales team of BalognePty Ltd. The activities or the functions that undergoes for this manufacturer are Harvesting where sugar canes are harvested and delivered to the mills for further processing. Crystallising this activity includes the drying up of the juices extracted from the sugar cane. Refining the juices are refined from further impurities and filtered and centrifuged Packaging this activity is for the end users of the sugar consumers Distribution and Sales this function is for the companys own requirement. The sales team keeps the data for analysing the earnings and profit that the organisation is making. The swim lane diagram Part C As per the values in the excel sheet the 2014 earnings comes to $1,42,19,900 and 2015 earnings comes to $1,55,62,200. Therefore, the total increase in dollars are ($1,55,62,200 - $1,42,19,900) = $13,42,300 Graph1 That suggests the percentage of growth or loss in two years in 8 categories of sugar is below. Graph 2 Suggests the yearly earnings and difference in earnings between 2 years 2014 and 2015 in dollars. Net profit index product description net profit of 2014 net profit 2015 RAW SUGAR 3085000 3553000 WHITE SUGAR 2595000 2042500 BROWN SUGAR 5255000 6447500 ICING SUGAR 528000 598000 CASTER SUGAR 1358000 1465800 SUGAR CUBES 380400 329400 GOLDEN SYRUP 269500 407000 TREACLE 749000 719000 TOTALS 14219900 15562200 Therefore, from the above table we can conclude that the profit for raw, brown and icing sugar are more profitable in both the years. Conclusion It can be concluded from the above report that the company is in growth in terms of sales and earnings. Further, they can integrate the web 2.0 technology for more effectiveness in communication. The report is useful to interpret with the help of excel sheet. Reference Andriole, S.J., 2012. Business impact of Web 2.0 technologies.Communications of the ACM,53(12), pp.67-79. Tredinnick, L., 2013. Web 2.0 and Business: A pointer to the intranets of the future?.Business information review,23(4), pp.228-234. Oreilly, T., 2012. What is web 2.0. Kim, H.D., Lee, I. and Lee, C.K., 2013. Building Web 2.0 enterprises: A study of small and medium enterprises in the United States.International Small Business Journal,31(2), pp.156-174. Jussila, J.J., Krkkinen, H. and Aramo-Immonen, H., 2014. Social media utilization in business-to-business relationships of technology industry firms.Computers in Human Behavior,30, pp.606-613. Laudon, K.C. and Traver, C.G., 2013.E-commerce. Pearson. Chen, H., Chiang, R.H. and Storey, V.C., 2012. Business intelligence and analytics: From big data to big impact.MIS quarterly,36(4). Tucker, S.Y., 2014. Transforming Pedagogies: Integrating 21st Century Skills and Web 2.0 Technology.Turkish Online Journal of Distance Education,15(1), pp.166-173. Venkatesh, V., Croteau, A.M. and Rabah, J., 2014, January. Perceptions of effectiveness of instructional uses of technology in higher education in an era of Web 2.0. InSystem Sciences (HICSS), 2014 47th Hawaii International Conference on(pp. 110-119). IEEE. Sigala, M., 2012. Exploiting Web 2.0 for new service development: findings and implications from the Greek tourism industry.International Journal of Tourism Research,14(6), pp.551-566.

Wednesday, December 4, 2019

Financial Management and Cost Accounting

Question: Discuss about the Financial Management and Cost Accounting. Answer: Introduction: Partnership is an association of individuals, which involves two or more than two persons based on an agreement between them. The partnership agreement is preferred to be in writing. An agreement for partnership always has a specific duration. Any change in the membership of the partners results in the dissolution of partnership deed. Various benefits of partnership are: (1) It is free from the government restrictions and regulations (2) Formation of partnership is easy and simple and (3) Easy in making any decisions. Whereas, the disadvantages are: (1) Unlimited liability (2) Limited life and (3) Mutual agency. Liquidating the partnership means closing the economic as well as the legal life of the entity. Partnership dissolves whenever a new partner is admitted to the firm or whenever a partner departs from the partnership (Points, 2015). MYOB software generates all the reports required for the management and compliance with tax to carried out efficiently. Point of sales and advance management of retail gives a clear view about the performance of the business. It is a smarter way to conduct the business. MYOB software assist in: (1) Easy accounting for multiple branches or locations (2) Manage the payroll, attendance, time for all the partners (3) consolidate the accounting transactions for all the relevant entries (4) customisable and comprehensive process of accounting flows and related checklist. Therefore, installing the MYOB software in the partnership business will assist in better management of business (Curtis, 2015). Reference: Curtis, V. (2015).MYOB Software for Dummies-Australia. John Wiley Sons. Points, K. E. (2015). Management and cost accounting.