Finaince for mangers Essay Example | Topics and Well Written Essays - 5000 words

Finaince for mangers - Essay Example They are considerably relevant and helpful to properly and fully assess the divisional financial and economic performance. After the critical evaluation, the relevant improvements are recommended accordingly. Quality Products Division The quality products division deals in furniture items made by hand and the raw natural materials are made part of it. Due to its quality products, this division has significantly contributed into the exports, especially in the Middle East. However, to critically understand the actual financial position of this division, the financial position and the audit comments are taken into account. Financial position 2007 2008 2009 Gearing (TL/TL+SC) 100% 53.98% 52.65% 52.32% Return on investment [PBIT / (TA – L)] x100% (Loss) 16.24% 18.96% Gross profit (gross profit/turnover) 100% 38.89% 40.43% 41.36% Profit before interest (profit before interest/turnover) 100% (loss) 5.70% 6.37% Profit after interest (PAI/Turnover)100% (Loss) 1.97% 3.34% Overseas Turno ver (overseas turnover/turnover) 100% 53.79% 44.51% 36.59% These are fundamental indicators of financial position of any corporate entity. ... Gross profit and profit before interest, profit after interest figures are slightly improving and on yearly basis, they provide 2 to 3% growth in these figures. With so much potential in the markets, local and foreign markets, this division’s gross profit and profit before tax are not increasing as they should be. In addition, this division has been more stable and in demand in the markets of Middle East, however, its recent decreasing overseas turnover highlights some of worrying signs for this division. This is negatively affecting the gross profit and profit before tax figures as well. Additionally, there are no positive audit comments for this division; the audit management letter clearly highlights that some quality control problems with a new range of adjustable chairs for senior citizens. As this industry considerably depends on the quality, such kind of quality control problems may reduce the number of customers. Additionally, the audit management letter points out tha t in every month 20 boxes of flat-packed chairs and desks are disappearing from the one of the division’s outlets. Improvements Profits can be improved by entering into the contract segment of the industry. This segment accounts for 29% of the entire furniture industry. For achieving that aim, the division is required to more concentrate on quality issues which are recently highlighted in the audit management letter. In addition, the disappearance of chairs and desks must be reduced by introducing some physical controls such as only authorized persons should be allowed to enter into the internal parts of the outlets and each incoming and outgoing shipment of desks

Community Policing Assignment Example | Topics and Well Written Essays - 500 words

Community Policing - Assignment Example By community partnerships, expected participation and collaboration by law enforcement agencies with other members of the community are seen to be instrumental in contributing to the peace and order of local communities. Organizational transformation, on the other hand, means â€Å"the alignment of organizational management, structure, personnel, and information systems to support community partnerships and proactive problem solving† (Community Oriented Policing Services (COPS), n.d., par. 3). And, finally, the problem solving process includes relevant elements such as scanning, analyzing, providing immediate response, and evaluating the effectiveness and success of response programs and initiatives. The benefits of community policing programs (or foot patrol) were revealed by Trojanowicz and Pollard (1986) as follows: increased contact on a one-on-one basis between law enforcement officers and citizens; fostering of increased trust; enabling law enforcements to focus on eminent problems in the community; by being actively seen, this approach gives greater public support, and immediate availability to address emergency situations (pars. 16 & 17). As revealed in Pearson Education (2010), there are five distinct core police operation strategies that assist law enforcement agencies to meet their goals. These core strategies are as follows: preventive patrol, routine incident response, emergency response, criminal investigation, problem solving, and support services (an ancillary operational strategy). These were validated by Scott (2000) in his published work entitled â€Å"Problem-Oriented Policing: Reflections on the First 20 Years†. A vivid example was clearly indicated by Trojanowicz and Pollard (1986) as follows: â€Å"one neighborhood may suffer a particularly large number of problems with juveniles, therefore the officer there devotes a greater share of his time to such concerns, perhaps

Business plan Essay Example | Topics and Well Written Essays - 1750 words - 3

Business plan - Essay Example a leading bank in the United Kingdom which offers start-up loans to the tune of  £ 25000.00 for young self-employed people who intend to start a business. We have applied for the same and are eligible for the loan. We shall be using these funds for initial start-up expense as well as carrying out day-to-day expenses. This loan will be for the period of 1 year after which we intend to request the bank for an overdraft facility1 (HSBC.co.uk, 2013) I like to believe that I’ve reached a stage where I can’t let ANYTHING outside my own self responsible for my negative states. Nothing in the external environment is 100% negative. Every situation, however bad, has it’s lessons n gifts. It’s up to me to make use of any circumstance in a beneficial way We are under negotiations for the purchase of a commercial property located at 12, Regent Street, Leeds, LS6 (RIGHTMOVE.co.uk, 2013). This property will cost us  £ 4,50,000. We intend to carry out further renovation and interiors to the tune of  £ 2,50,000. The property is located is front-facing to the main road leading to Headingley Stadium and has immense potential for a restaurant business. Ensure the building is classified under class A3 category which involves use of sale of food or drink for consumption on the premises (UK Statutory Instrument 1987 No. 764, Town & Country Planning Order 1987). Agusto’s is planned to be a casual restaurant-cum-lounge targeting the varied class of people staying in Leeds. Leeds also happens to be a student city; From our research we found that people aged between 17 to 25 visits a restaurant every weekend. One of our main objectives is to provide nutritiously high-value meal at a comparatively low cost. Marketing Budget: We intend to allocate about 2 % of the start-up cost for the purpose of marketing. We mostly intend to depend on word-of-mouth publicity. We will be spending most of our budget on print media and discount coupons. We intend to do our advertising in the

Day Care Paper Research Example | Topics and Well Written Essays - 1750 words

Day Care - Research Paper Example A child is far healthier when he is brought up in home rather than day care. Despite so many negatives the best advantage that day care provides a child with is the ability to socialize better and accept diversity. Placing your children in day care gives both the parents a free reign to earn money and hence they can do over times and work longer hours without any hassle. DAY CARE Day care centers are a new breed of facilities that are now available to single parents. They provide child care facility to single parents or parents who work and need someone to care for their child. Since the economic crisis, there has been a dramatic increase in the working parents and thus the requirements for day care centers are on the rise. According to the recent statistics there are around 70 % children who are under the care of Daycares. This has all been due to the increase in the working mothers. Earlier there were many families which had the father and mother both juggling their work hours with the time they spend with the taking care of the child. It was an easy job, but the current economic crisis has made employers more demanding as they are aware that there are many more talented and hardworking candidates who are willing to replace any time. Although many people look for low cost care for their children so as to save unnecessary expenses, but this is declining as such help is not much readily available with the rise of cost of living standards. Also, the need for economical day care centers is high on demand as the number of parents requiring the need for day care is increasing (NICHD, 2005). Earlier the day cares were more of a babysitting service that was available to parents, but since the increase in the working hours of parents which proportionally increases the time the child spends at day care, day cares have become grounds where the early development of child takes place and hence they have gained a lot of importance psychologically in the life of a child. Th e day cares now play a very important and prominent part in the child development. A modern daycare today teaches the child about things and skills that he will require as he grows up. In short, they equip the child to face the world as he steps out to walk to his first school. The main reason because of which the day cares have evolved such is that parents today have started demanding quality care and skill development in their child. The care requirement and need for skill development varies with the age of the child. A child with age two or younger needs special attention with respect to his/her health requirement, the food he will consume and the extent to which he needs exposure to the environment in general. Compared to this an older child needs necessary tools to develop his cognitive, spatial and verbal skills. He will need to learn to communicate with different people and will also learn as to how to socialize (Martin & Fabes & Fabes, 2006). Since the demand for the day car e is so high that there are many day care centers that re running today are unregulated ones and hence they hire anybody and everybody who applies to the vacancies. Many a times it has been observed that the nannies that work in such day cares have a past criminal record and thus it becomes a reason for parents to be very