Negative effect of Computer on Children Essay

Topic sentence: Regular use of computer can have negative effect on children. Cause 1: Danger of headache and vision problem * exposer to screen bright light * effect on vision and head Cause 2: long use of computer deprived children from outdoor activities -gain weight and obesity Cause 3: Use of computer may lead children to topics that are beyond their imagination -unreal world -world created by technology In conclusion, excessive use of computer may cause overweight, headache, and vision problem. Regular use of computer can have some negative effects on children. First, children who use the computer for a long time may be at the danger for developing headache and vision problem. According to Anttila (2002), â€Å"It is often observed to tense and tender in children with headache.†(p.17).Second, most of children gain weight when they use computer for a long time because they are deprived from outdoor activities. In addition, Burke, Beilin, Durkin, Hougton and Cameron (2006) reveals that â€Å"television viewing and computer use are widely considered to contribute to the current increase in overweight and obesity in children †¦to fatness in most reported studies.†(Television, computer use, physical activity, diet and fitness in Australian adolescents, p.1) One of the most serious negative effects of computer on children is the exposure to topics that are beyond their understanding .Furthermore, Peter Mansbride points out that â€Å"the simplicity of the past is gone, replaced by a realism easily created by the latest technology† (The bloody bad games, para.1).In conclusion, excessive use of computer may cause overweight, headache, and vision problem. References 1. Tornoe,B.&Skov,L.(2012) Computer animated relaxation therapy in children between 7 and 13 years with tension-type headache: A pilot study.37(1),35- 44,10p. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&db=a9h&AN=71671677&site=ehost-live&scope=site 2. Burke,V.,Beilin,L.Durkin,K.stritzke,W.G.K.,Houghton,S.&Camron , C.A. (2006) Television, computer use, physical activity, diet and fatness in Australian adolescents.1(4)248-225,8p. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&db=a9h&AN=23220041&site=ehost-live&scope=site 3. Mansbridge,P.(2003)The bloody bad games,116(50)20-20.2/3p. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&db=a9h&AN=11642732&site=ehost-live&scope=site

The Cost of Capital

THE COST OF CAPITALQ1. Place the creditor's hierarchy in the correct order. (P;D)Ordinary Shareholders 1Unsecured Creditors 2Creditors with floating charges 3Preference Shareholders 4Creditors with fixed charges 5(2 marks) Q2. Gecko Co. has just paid a dividend of $0.65/share ; the current share price in the market in the stock market is $3.6. Calculate the cost of equity? (FIB)3613156159500Ke %(2 marks) Q3. A share has a current market value of 86c, and the last dividend paid by the company was 7.23c. The expected annual growth rate of dividends is 7%. Calculate the cost of equity capital? (FIB)4013205270500Ke %(2 marks) Q4. Reeve Co. is about to pay a dividend of $1 per ordinary share. The Net assets of the company are $500,000. The Earnings for the company is $180,000.The Current share price is $7 per share. Reeve Co. has in total 100,000 Ordinary shares. What is the cost of equity to the nearest whole percentage? (MCQ)27%30%33%35%(2 marks) Q5. Sago Co.'s has 5 million shares in issue & their dividend payments in the years were as follows:End of the year 20X7 20X8 20X9 20Y0 20X1Dividends ($000) 250 275 295 222 350The current share price of Sago Co is $2/share. Calculate the cost of equity? (MCQ)11%12.6%13%15.1%(2 marks) Q6. Amok Co. is about to pay a dividend of 20c per share. The share price is 300c. The rate of return is 16% & 25% of the earnings is a dividend. Calculate the cost of equity? (FIB) 3917954508500Ke %(2 marks) Q7. Which of the following is/are the assumptions used by Dividend valuation model (DVM)? (MRQ) Income stream for the shareholders are the dividends paid by the companyDividends are constant or grow at a fixed rateThe model assumes there is no need to incorporate any riskThe dividends paid by the company are till eternity (2 marks) Q8. Which of the following statements is a disadvantage for Dividend valuation model (DVM)? (MCQ)The model takes capital gains of shareholders into accountIt assumes huge cost is applicable to the issue of new sharesNo allowance is made for the taxationThe growth in earnings is incorporated(2 marks) Q9. Shares in BLACK and WHITE have a beta of 0.75. The equity risk premium is 5% and the risk-free rate of return is 3%. What is the cost of equity capital for BLACK and WHITE? (FIB)4921256223000Ke %(2 marks) Q10. The current average market return being paid on risky investments is 14%, compared with 7% on Treasury bills. Halo Co cost of equity is 17.5%. What is the beta factor? (FIB)4921256350000Beta (2 marks) Q11. The Government securities return is 7%. The overall stock market return is 11%. The expected beta is 0.9. What would be the share's expected value if it is expected to earn an annual dividend of 5.3c, with no capital growth? (FIB) 2006606096000Cents (2 marks) Q12. All companies given below operate in the same business industry. They all have same characteristics except for the fact that their capital structures are different, which are as follows:Loco Co. Choco Co. Rocco Co.Debt from the total market 27 35 49Equity from the total market 73 65 51The equity beta of Rocco Co. is 1.32 ; the equity beta of Loco Co. is 0.74.What range will Choco Co. beta fall? (MCQ)The beta of Choco Co is higher than 1.32The beta of Choco Co. is above 0.74The beta of Choco Co. is between 0.74 ; 1.32The beta of Choco Co is lower than 0.74(2 marks) Q13. Investments required return can be predicted using the Capital asset pricing model. The risk-free rate of return is 5%. Investment Beta Value Return ValueAlpha 1.5 13%Beta 0.7 15.3%Mega 1 12%Zeta 1.2 12.2%If Zeta is correctly priced then select the appropriate option for each investment? (P;D) Alpha UnderpricedBeta Correct PriceMega Overpriced(2 marks) Q14. Beak Frees Co. makes biscuits and cookies and there are some factors in the market that the investors are unable to distinguish either they are a systematic or un-systematic risk to them. Help the investors in choosing the appropriate Risk? (HA) The immediate increase in interest rates SYSTEMATIC UNSYSTEMATIC Price increments in Flour used by the company SYSTEMATIC UNSYSTEMATICThe downfall of the economy in which the company operates SYSTEMATIC UNSYSTEMATICIndustrial unrest in one of the factories SYSTEMATIC UNSYSTEMATIC (2 marks) Q15. Which of the following assumption is not related to Capital asset pricing model? (MCQ)Investors have a spread of investment in multiple companiesThere are no taxes applicableIt ignores earning a potential of the companyAll forecast made are for single period transaction(2 marks) Q16. The systematic risk of a portfolio relative to the market portfolio is measured using the beta factor. Which of the following statements is/are true? (MRQ)If Beta is greater than 1, the security is less sensitive to systematic risk than the marketIf Beta is lesser than 1, the security is less sensitive to systematic risk than the marketIf Beta equals 1, the security's exposure to systematic risk matches the marketIf Beta equals 0 the security is risk-free(2 marks) Q17. Which of the following is an advantage of Capital asset pricing model? (MCQ)It provides a basis for establishing risk-adjusted discount rates for capital investment projects.Ignores taxation for the investorsIt is unable to distinguish between dividends & capital gainsIndividual companies have different systematic risk characteristics of their shares(2 marks) Q18. The cost of equity of a company is directly unaffected by which of the following? (MCQ)The expected market returnThe company's expected betaThe expected return on the company's assetThe government securities return (2 marks) Q19. 10% irredeemable preference shares having a share price-dividend of $7/share. The tax rate is 27%. Calculate the cost of preference shares if the par value is $0.6 correct to two decimal places? (FIB) 4521207747000Kp %(2 marks) Q20. Tangerine Co. wants to invest in an Investment appraisal project. The company decided to invest using a bank loan. The company borrowed 7% $200,000 loan for the investment. What will be the cost of debt if the tax rate is 25%? (FIB)4521207175500Kd %(2 marks) Q21. 3G Co. has in issue 12% irredeemable loan notes, currently trading at $105 cum-interest.If the tax rate changes from 27% to 20% for 3G co. then the cost of debt would likely: (MCQ) Decreases to 8.4%Decreases to 9.42% Increases to 9.42%Increases to 10.3%(2 marks) Q22. A company issued their 10% irredeemable loan notes at 150. The current market price is $75. The company is paying corporation tax of 28%. What is the cost of loan notes? (FIB)4521206985000Kd %(2 marks) Q23. A company has in issue 8% redeemable debt with three years to redemption at par. The current market value of the debt is $107.59. The corporation tax rate is 30%. What is the interest cost to the company? (MCQ)$8.6$32.3$8$5.6(2 marks) Q24. A company has in issue 5% redeemable loan notes having a current market value of $103/bond. These bonds will be redeemed in three year time at par value. Calculate the cost of debt if the tax rate is 29%? (MCQ)2%2.15%2.63%3% (2 marks) Q25. A 6% irredeemable preference shares are traded for $1.5 cumulative dividend. The tax rate is 30%. What is the cost of preference shares nearest to two decimal places? (FIB) 4521207810500Kp %(2 marks) Q26. A 3% 60,000 irredeemable preference shares are being traded for $0.5 ex. Dividend. What is the cost of preference shares? (FIB)4521206985000Kp %(2 marks) Q27. A company has irredeemable loan notes currently trading at $36 ex-interest. The coupon rate is 11% and the rate of corporation tax is 30%.What is the return required by the debt providers before tax is applicable? (MCQ)21.4%27.6%30.6%33%(2 marks) Q28. Sitcom Co. has a 5% redeemable loan notes which are redeemable at a 10% premium in 5 years' time. The current market value is $100 per loan note. The tax rate is 25%. Calculate the cost of debt? (MCQ)2.7%3.53%4%5.62%(2 marks) Q29. A company has issued convertible loan notes which are due to be redeemed at a 5% discount in five years' time. The coupon rate is 7% and the current MV is $85. Alternatively, the investor can choose to convert each loan note into 10 shares in five years' time. The company pays tax at 30% per annum. The company's shares are currently worth $9 and their value is expected to grow at a rate of 4% pa. Find the post-tax cost of the convertible debt to the company? (FIB)4521207683500Kd %(2 marks) Q30. Cobol Co. has in issue 6% convertible bonds having a market value of $115. These bonds can redeem at a premium of 2% in two years' time or can be converted to 25 ordinary shares in two years. The current share price $4 and its expected growth is 3% per annum. The corporation tax rate is 29%. Calculate the net present value if discount factor is 4%? (MCQ) $1.53$4.26$8.03$10(2 marks) Q31. Fichte Co. has in issue 12% convertible bonds having a market value of $97. These bonds can be converted into 40 ordinary shares in seven years' time or can be redeemed at 12% premium in seven years' time. The current share price is $3 with an annual growth rate of 4%.The tax rate per annum is 24%. Choose whether bonds should be converted or redeemed in seven years' time? (MCQ)$108.64 Redemption $157.91 Conversion$108.64 Conversion$157.91 Redemption (2 marks) The following information is for Q32 & Q33:Trico Co. has the capital structure:Capital Structure $ m4 million $0.2 ordinary shares 0.810% irredeemable loan notes 13.58% Preference shares 10Reserves 15Total 39.3The loan notes are quoted and the ordinary shares are currently quoted at $50 and $4 respectively in the market. The cost of equity for Trico Co. is 11% and the current corporation tax is 30%. The preference shares are currently traded for $2.25 ex. Dividend. Q32. Calculate the weighted average cost of capital (WACC) for Trico Co. using the Book values? (MCQ) 8.45%10.37%11.13%11.27%(2 marks) Q33. Calculate market value weighted average cost of capital (WACC) for Trico Co.?9.24%9.97%10.79%12.38%(2 marks) Q34. Zeeman Co. has 5m $1 ordinary shares, the reserves are held at $10m and there are 15% irredeemable loan notes of $9m. The market value of ordinary shares is $5, and the loan notes are currently traded at $80. Zeeman Co. has just paid a dividend of $0.7 and its corporation tax is 26%. What is the cost of capital? (MCQ)13.98%14.23%16.76%17.89%(2 marks)THE COST OF CAPITAL (ANSWERS)Q1. Creditors (payables) hierarchy:Creditors with fixed charges 1Creditors with floating charges 2Unsecured Creditors 3Preference Shareholders 4 Ordinary Shareholders 5 Q2. 18.1%Ke = (0.65 à · 3.6) Ãâ€" 100 = 18.1% Q3. 16%Ke = (7.23 [1 + 0.07] à · 86) + 0.07 = 0.1599 0.1599 Ãâ€" 100 = 16% Q4. DGrowth = b Ãâ€" re b = (1 – [1à ·1.8]) = 0.44 re = (1.8à ·5) = 0.36g = (0.44 Ãâ€" 0.36) Ãâ€" 100 = 15.84%Ke = [1Ãâ€"(1+15.84%)] à · (7 – 1) = 0.1931 + 15.84% = 0.351Ke = 0.351 Ãâ€" 100 = 35% Q5. Bg = [(350 à · 250) 1 à · (5-1) – 1] Ãâ€" 100 = 8.8%D1 = (350 à · 5000) Ãâ€" (1 + 8.8%) = 0.076Ke = [(0.076 à · 2) + 8.8% ] Ãâ€" 100 = 12.6% Q6. 12%g = (0.75 Ãâ€" 0.16) Ãâ€" 100 = 12%D1 = 0.2 (1 + 12%) = 0.224Ke = [0.224 à · (3 – 0.2)] = 0.08 + 12% = 0.2 Ãâ€" 100 = 12% Q7. All statements below are assumption of DVM: Income stream for the shareholders are the dividends paid by the companyDividends are constant or grow at a fixed rateThe dividends paid by the company are till eternity The model assumes there is no need to incorporate any risk. This is weakness not an assumption for Dividend growth model. Q8. CThe model does not take capital gains of shareholders into accountIt assumes no cost is applicable to the issue of new sharesNo allowance is made for the taxation (Disadvantage)The growth in earnings are ignored Q9. 6.75%Ke = 3 + (5 Ãâ€" 0.75)Ke =6.75% Q10. 1.517.5% = 7 + (14 – 7) Ãâ€" (beta)Beta =1.5 Q11. 50cKe = 7 + (11 – 7) Ãâ€" (0.9) = 10.6%Share price = 5.3c à · 10.6% = 50c Q12. CThe higher the debt, the riskier the company. The higher the equity, the safer the company.Loco Co. is safer as Debt lower & Rocco Co is riskier as debt is higher which indicates that Choco Co falls between both betas as its debt is between both companies debt. Q13.Alpha OverpricedBeta UnderpricedMega Correct PriceIf Investment Zeta is correctly priced, the actual return via CAPM will be 12.2 = 5 + 1.2 (Rm – 5)Rm = 12 Investment Alpha should provide a return of 5 + 1.5 (12 – 5) = 15.5Investment Beta should provide a return of 5 + 0.7 (12 – 5) = 9.9Investment Mega provides a return of 5 + 1 (12 – 5) = 12Investment Alpha does not provide a high return so is overpriced. Investment Beta provides too high return so is underpriced. Investment Mega provides the correct return so correct priced. Q14.The immediate increase in interest rates SYSTEMATIC Price increments in Flour used by the company UNSYSTEMATICThe downfall of the economy in which the company operates SYSTEMATIC Industrial unrest in one of the factories UNSYSTEMATICSystematic risk cannot be diversified by the investorUnsystematic risk can be diversified by the investor Q15. CInvestors have a spread of investment in multiple companies (Well-diversified portfolio)There are no taxes applicable (Indication of being in a perfect capital market)It ignores earning a potential of the company (Disadvantage of DVM)All forecast made are for the single period transaction (Considers single transaction rather than multiple transactions at once) Q16.If Beta is greater than 1, the security is less sensitive to systematic risk than the market (True)If Beta is lesser than 1, the security is less sensitive to systematic risk than the market (False, It is highly sensitive to systematic risk than the market)If Beta equals 1, the security's exposure to systematic risk matches the market (True)If Beta equals 0 the security is risk-free (True) Q17. AIt provides a basis for establishing risk-adjusted discount rates for capital investment projects. (Advantage)Ignores taxation for the investors (Disadvantage)It is unable to distinguish between dividends ; capital gains (Disadvantage)Individual companies have different systematic risk characteristics of their shares (Disadvantage) Q18. CThe formula for required return is Ke = risk-free rate + beta Ãâ€" (market rate – risk-free rate) Q19. 0.86%D= 0.6 Ãâ€" 10% = 0.06Ex-Dividend = 7 – 0.06 = 6.94Kp = (0.06 à · 6.94) Ãâ€" 100 = 0.86% Q20. 5.25%Kd = 7% Ãâ€" (1 – 25%) = 0.0525 Ãâ€" 100 = 5.25% Q21. DKd = [(12% Ãâ€" 100) Ãâ€" (1 – 27%)] à · (105 – 12) = 0.094 Ãâ€" 100 = 9.42%Kd = [(12% Ãâ€" 100) Ãâ€" (1 – 20%)] à · (105 – 12) = 0.103 Ãâ€" 100 = 10.3%Increases to 10.3% Q22. 9.6%Kd = [ (10% Ãâ€" 100) Ãâ€" ( 1 – 28%) ] à · 75 = 0.096 Ãâ€" 100 = 9.6% Q23. DInterest = (8% Ãâ€" 100) Ãâ€" (1 – 30%) = $5.6 Q24. BYear Cash flow ($) DF (5%) Present value ($) DF (10%) Present Value ($)MV/Bond 0 (103) 1 (103) 1 (103)Interest 1-3 3.55 2.723 9.67 2.487 8.83Redemption 3 100 0.864 86.4 0.751 75.1NPV (6.93) (19.07)IRR = 5 + [-6.93 à · (-6.93 – (-19.07)] Ãâ€" (10 – 5) = 2.15% Q25. 4.17%D= 1 Ãâ€" 6% = 0.06Ex-Dividend = 1.5 – 0.06 = 1.44Kp = (0.06 à · 1.44) Ãâ€" 100 = 4.17% Q26. 6%D= 1 Ãâ€" 3% = 0.03Kp = (0.03 à · 0.5) Ãâ€" 100 = 6% Q27. CAs the question states before tax the calculation will be:Kd = [(11% Ãâ€" 100) à · 36] Ãâ€" 100 = 30.6% Q28. DYear Cash flow ($) DF (5%) Present value ($) DF (10%) Present Value ($)MV/Bond 0 (100) 1 (100) 1 (100)Interest 1-5 3.75 4.329 16.23 3.791 14.22Redemption 5 110 0.784 86.24 0.621 68.31NPV 2.47 (17.47)IRR = 5 + [2.47 à · (2.47 – (-17.47)] Ãâ€" (10 – 5) = 5.62% Q29. 9.7%Year Cash flow ($) DF (5%) Present value ($) DF (10%) Present Value ($)MV/Bond 0 (85) 1 (85) 1 (85)Interest 1-5 4.9 4.329 21.21 3.791 15.58Convertible 5 109.5 0.784 85.85 0.621 68NPV 22.06 (1.42)Redemption= 85 Ãâ€" 95% = 80.75Convertible= 10 Ãâ€" [9 Ãâ€" (104%)5 ] = 109.5IRR = 5 + [22.06 à · (22.06 – (-1.42)] Ãâ€" (10 – 5) = 9.7% Q30. AYear Cash flow ($) DF (4%) Present value ($)MV/Bond 0 (115) 1 (115)Interest 1-2 4.26 1.886 8.03Redemption 2 117.3 0.925 108.5NPV 1.53Redemption= 115 Ãâ€" 102% = 117.3Convertible= 25 Ãâ€" [4 Ãâ€" (103%)2 ] = 106.1 Q31. BRedemption= $97 Ãâ€" 112% = $108.64Conversion= 40 Ãâ€" [3 Ãâ€" (104%)7] = $157.91 Q32. DKp= [(8% Ãâ€" 1) à · 2.25] Ãâ€" 100 = 3.56%Kd= [(10% Ãâ€" 100) (1 – 30%)] à · 50 = 0.14 Ãâ€" 100 = 14% Book Value ($m) Cost ($m)Equity (15+0.8) 15.8 15.8 Ãâ€" 11% 1.738Preference shares 10 10 Ãâ€" 8% 0.8Debt (irredeemable) 13.5 13.5 Ãâ€"14% 1.89Total 39.3 4.428WACC = (4.428 à · 39.3) Ãâ€" 100 = 11.27% Q33. CKp= [(8% Ãâ€" 1) à · 2.25] Ãâ€" 100 = 3.56%Kd= [(10% Ãâ€" 100) (1 – 30%)] à · 50 = 0.14 Ãâ€" 100 = 14% Market Value ($m) Cost ($m)Equity 4m Ãâ€" 4 =16 16 Ãâ€" 11% 1.76Preference shares 4m Ãâ€" 2.25 = 9 9 Ãâ€" 8% 0.72Debt (irredeemable) (13.5 à · 100) Ãâ€" 50 = 6.75 6.75 Ãâ€"14% 0.945Total 31.75 3.425WACC = (3.425 à · 31.75) Ãâ€" 100 = 10.79% Q34. AKe= ($0.7 à · $5) Ãâ€" 100 = 14%Kd= [(15% Ãâ€" 100) (1 – 26%)] à · 80 = 0.1387 Ãâ€" 100 = 13.87%Market Value ($m) Cost ($m)Equity 5m Ãâ€" 5 =25 25 Ãâ€" 14% 3.5Debt (9 à · 100) Ãâ€" 80 = 7.2 7.2 Ãâ€" 13.87% 1Total 32.2 4.5WACC = (4.5 à · 32.2) Ãâ€" 100 = 13.98%

Noah’s Arf: Coming to the Dogs

Kris Price possesses most of the skills that are vital to be a successful entrepreneur. Having a successful career in Nike, Inc. prior to her business venture in establishing Noah’s Arf only means that she is a skilled and accomplished employee. Despite her blossoming career in Nike, Inc. she took the risk of quitting her job to start her own business that unknowingly would be the successful animal haven as we know now called Noah’s Arf. Being an entrepreneur, one must be willing to take risks. Even without prior knowledge of what the outcomes will be in either introducing a new product or expanding one’s business to a new location, an entrepreneur should be willing to take that risk and be able to muddle through the consequences no matter how difficult it would be. Taking risks is very important in dealing with one’s business because entrepreneurs who take risks are most probably the ones who get to experience bigger successes because they were brave enough to try. Kris happens to be one of them. (Sullivan) Kris’ creativity, innovativeness, and her intention to provide services needed by people, led her to develop the concept of Noah’s Arf. From a need, and that is the need to have someone check-up and care for her pet while she traveled elsewhere as an employee for Nike, Inc., the idea of a pet care facility cropped up. It was really impressive that she made efforts to conduct research in order to have an idea of how to develop a pet care facility and determine whether other business establishments offer the kind of service that she wants to provide for her target clients. Although she was inexperienced in writing business plans, she was able to find a solution to her dilemma. She used the Business Plan Pro computer software to write a business plan before starting to develop her vision of a pet care facility. Kris’ resourcefulness led to the development of Noah’s Arf’s business plan that contains the highlights of the pet care facility, the mission and objectives of the business establishment, and the image that it wants to develop for its customer as a credible and responsible pet care facility dedicated to provide for 24-hour service to its customers. Kris once again displayed her willingness to take risks by selling her house and donating her car to be able to raise funds as capital for her business venture. She even applied for a loan, believing that everything that she will be working on will pay off soon. Because of her innate entrepreneurial qualities, Noah’s Arf proved to be successful even after two months of opening up to the public. In just six months, she was able to draw clients, totaling to twenty dogs taken care by Noah’s Arf everyday. In order to attract more customers and contribute to her already solid client base, she spends time promoting her business, the in-home care services, as she calls it, to be specific. This service is very in demand during the holiday season. Perhaps Noah’s Arf is very successful because Kris is able to provide her clients the services that they really need. In addition to this, Kris was able to pick a strategic location, and that is putting up her business near the park where most people take their pets. Lastly, her success is simply because she loves and enjoys what she is doing. According to Kris, she is â€Å"working on adrenalin now.† Noah’s Arf: The Business Plan The business plan was successful in attracting clients to patronize her business. For the most part, the services that she offers are clearly some of the needs and demands of clients. Her reputation as a very hard-working and dedicated employee and her involvement in a service-oriented company prior to her business venture is convincing enough to trust and support the services she is offering. The business plan pointed out the services that she would be offering in Noah’s Arf, her credibility and qualities as an entrepreneur to provide for the needs of her clients as needed. The means of how she is going to establish her business was also mentioned in the business plan. (Business Plan Pro) The focal point of her business plan is very ambitious, in a good way though. Through this we can say that she believes and has faith in her vision in that she plans to achieve a steady increase in the facilities’ annual income, fifty percent gross income on her products for pets, maximization of resources, and expansion in the years to come. She does not limit her services to only dogs and cats and offers convenience for her clients and their pets, etc. These services and her ability to look through the future and predict the outcomes of her business take her halfway to meeting her goals and objectives as a pet care facility entrepreneur. (Business Plan Pro) However, business plans only give the entrepreneur a guide that would lead him tentatively to where everything in the business is going. These business plans change if, in application to real life, it fails to provide for the ideal concept embodied in it. In this case, changes to the business plan will apply if for instance, Kris fails to acquire loans to start-up her business. Then there would be changes as to the target objectives and the entire plan might be altered to fit the amount of money that she has for capital. In the actual business setting, if for instance the business establishment fails to acquire the target number of clients to furnish the amount of money needed to pay off the loans, etc. because of the location, then Kris might make another plan of establishing her business elsewhere. Business plans are changed if the output of the business does not meet the intended projection for the business in a short term and long-term basis. Noah’s Arf: The Website All the necessary information for the clients who want to check out the services they offer and want to look through the character of the facility is incorporated in the website. However, it would be great if the website were redeveloped to achieve a more attractive and amusing website that people would enjoy to browse through. Since Noah’s Arf is promoting a fun and clean environment for the clients’ pest, it would a good idea to add color and vibrancy to the physical make-up of the website. The links that are found at the bottom of the webpage should be put at a taskbar that is noticeable and that people can access easily. It is good that all the basic information is there in the website. It just needs a little restructuring to be true to the character that Noah’s Arf is portraying to its clients. Advertising and Promotional Strategies The use of the website is a good strategy to win over clients. Noah’s Arf should offer free and informational newsletters that will not only be available to those who visit the website but also for people who only get the time to check their e-mails. Clients who are on the go and leave their pets to the facility should be sent e-mail about recent news and other information that is related to pet caring, etc. There should be a sign-up button wherein people can sign in their names to be able to receive free newsletters. Through this, Noah’s Arf will also be able to include in their newsletters advertising for the services they offer, new promotional services, events for animals and pet-owners, etc. Another way is to sponsor a dinner featuring the dogs or cats in a fashion show. This is a great idea because the location of Noah’s Arf is accessible to most of the pet owners who take their pets to the park. It would be a great way to attract more people and clients for them to see the quality of services offered by Noah’s Arf. Through this other people will get to see and hear from Noah’s Arfs’ client base about the goodness and quality service provided by their clients. In addition to this, Noah’s Arf can get a sponsor from animal rights organizations and get to establish a larger network because of the organization’s endorsements.    Future Challenges As she was expecting, one of the future challenges that she will be facing for her business would be expansion. As her client base expands, there would also be a need to develop her business to be able to provide for the heightened needs of her growing clients, even in other places. It would be great, although a big risk, to establish a branch elsewhere, but if there is a need to, then she must be able to do it. Another thing is that as many innovative ideas are being developed nowadays, Noah’s Arf must be able to cope up with these changes and incorporate in their business technological advances that would help in systematizing tasks in the workplace. This would be difficult phase because further research and testing is needed to prove whether these changes will be feasible for her business. Aside from this, many ideas about pet care and animal rights are now cropping up and catching the attention of the people. Noah’s Ark should be aware of these ideas to be able to shape their establishment in a way that does not cause the loss of clients and endorsers alike.             Works Cited Business Plan Pro. 2008. Dog and Cat Kennel Business Plan. Retrieved from Palo Alto Software. 11 March 2008. Noah’s Arf. 2007. Noah’s Arf. Retrieved from Noah’s Arf. 11 March 2008. Sullivan, Robert. 2006. Are You and Entrepreneur? Retrieved from Information International. 11 March 2008.   

Agreed Ways Of Working Essay

Agreed ways of working is referring to staff following the policies and procedures, adhering to each individuals care plans accordingly, as well as any risk assessments in place as reading and following any code of conduct. An agreed way of working is performing to the standard that was agreed at the beginning of the employee’s contract to work effectively in helping to protect and care for vulnerable people. Following the policies and procedures or the agreed ways of working set out how your employer requires you to work. They incorporate various pieces of legislation as well as best practice. They are there to benefit and protect you and the service user’s you support and your employer. They enable you to provide a good quality service working within the legal framework and most importantly aim to keep you and your service user safe from danger and harm. The importance of a full and up to date agreed way of working starts right at the beginning before anyone is put into a social care environment. Having a job description and reading it fully, as well as understanding it means that you agree to follow the agreed way of working by not only performing to the policies and procedures standards. It’s important to keep up to date care plan’s, risk assessments and company policies and procedures which is important you read them and sign them to let your company know that you understand what are working towards. Without up to date information the safety and comfort of your client are put at risk, this is why it’s important to put into place agreed ways of working as if this was not in place it would be impossible to know what is expected for the individual and even harder to care for more vulnerable service users. It is a legal requirement as you have a duty to keep your service user safe by following policies and procedures and working within your job role. Importance of having an up to date agreed ways of working as there may be changes to some policies and procedures within the law. Your company may have to implement these changes to help protect the more vulnerable people we care for. It is important for care workers to follow your policies and procedures and guidelines as by doing this you will get a better understanding of what your company is expecting of your work and how we can support and provide appropriate care for all of your clients. By reading and understanding your job you will now your job description and your limits as this will help you do your job effectively.

Boys n the hood Essay Example | Topics and Well Written Essays - 500 words

Boys n the hood - Essay Example Ricky, on the other hand, doesn’t have a strong male figure in life that puts him in the right path like Jason to Tre. Although he tries to do well, he is often influenced by his half-brother Doughboy, who gets in and out of prison for his participations in violent gangs. He manages to stay still and focused due to Tre and Jason’s company and aspires to steel get a scholarship in college through football. A lot of people may consider this movie as a ghetto film. But Singleton is able to show the realism in the movie that such story happens in real life. The three young men who struggle in their journey in the streets of South Central are just merely trying to protect themselves from the dangers of the hood. Although their ways may be different from each other, they all have the same goal – survival. The major turning point in the movies is the death of Ricky. He dies in the movie by a gunshot in one of the clashes of the two contradicting gangs, in which one of t he gangs, Doughboy is a participant. As he takes his brother home, his mother realized that Ricky qualifies for the scholarship but in tears due to her son’s death. The incident has pushed Doughboy to killing the man behind his brother’s death, Ferris.

Mu2 Essay Example | Topics and Well Written Essays - 2250 words

Mu2 - Essay Example They should be taught how to deal with panicky situations, how to deal with emergency and to how to address their safety in such undesirable circumstances. Life safety is very important and given the context, it means trying to curb down un-necessary exposure to the harmful products due to combustion. There are three basic directions that need to be followed. The first one is to try stopping ignition, the second one is to control the outbreak of fire and the third one is to keep the humans safe from the byproducts of combustion. This can be done keeping in mind the concepts of either of the three of time, distance and shielding. The smoke and heat don’t develop instantaneously. They develop over time to create a harmful hazardous environment. There are a lot of variables involved and each of these variables varies in different circumstances so the rate at which this happens can’t be exactly predicted. The fire starts of as small and slowly gradually intensifies thus invoking a very hazardous environment in the process. The fire can be detected by either of the 2, through automatic means or by personnel detection. The real focus should be on what stage after ignition and heat buildup has the fire been discovered. It is that stage which will have a major impact on the life safety measures that would be taken up. It is not necessary that all the occupants at the site of the fire will react to it in the same way. The reaction of two different people will vary. The reaction of a single individual can also vary in different time frames, in different settings. It is not necessary that someone who reacts in a particular way at one point in time will react in exactly the same way three days from now. By reaction, it is meant, how humans react to smoke build up, to the flame, to the burns, to the hue and cry etc. There are some factors that help determine how humans react to fire situations typically. These factors are: Where age is concerned, the

Interesting Topic on Decision making Research Paper

Interesting Topic on Decision making - Research Paper Example Critical decision making on critical issues that affect the performance of the whole organization is normally coordinated and made by the top leadership of the organization. Organizations that make weak or poor decisions show the kind of bad leadership they have. This always reflect negatively on the organization. On the other hand, organizations that make strong or good decisions normally show the competency of their leadership and that impacts positively on the organizational performance. Decision making can follow the bottom-up system. This way, the decision is made by the line management and it is applied to the top management of an organization. Similarly, decision making can come from the top management down the management ladder. There are also situations where decision making is centric as well as when it is horizontal which involves making decision on the same level of management. Organizations need to concentrate on decisions that are in line with its strategic mission and vision statements. Such decisions ones made, should be implemented in order for their effectiveness to be felt in the organization. This paper is therefore aimed at finding out how decision making as an organizational tool works to impact the performance and outcomes of the organization. Indeed, when good decisions are made in an organization, and the decisions are implemented quickly, the performance of an organization will rise to show the increase. When a survey was done on 350 company executives to establish their organizational effectiveness, only 15% of them stated that their organizations help their businesses perform better than their competitors in their respective industries (Paul & Marcia 2006). The article sets it out clearly that what leads to different performance is the quality with which they carry out their services, speed, and how they execute their decision making process. In this case, one