Monday, December 23, 2019

Art History 3.6 Examine Values Placed On Artworks Essay

ART HISTORY 3.6, EXAMINE VALUES PLACED ON ARTWORKS Introduction Leonardo da Vinci, Mona Lisa Leonardo da Vinci’s masterpiece the Mona Lisa established a new type of portraiture; da Vinci painted the Mona Lisa over the time period of 1503-1507, during the height of the Renaissance. The Mona Lisa is thought to be a portrait depicted of Lisa Gherardini, the wife of Francesco del Giocondo. The work itself is s a half-length portrait of a woman, which has been acclaimed to be the best known and the most visited, work of art in the world. It was acquired by King Francis I of France and is now the property of the French Republic, on permanent display at the Louvre Museum in Paris since 1797. Prior to painting the Mona Lisa da Vinci also painted Ginevra de Benci, the first painting in Italy to portray a sense of unique personality and Lady with Ervine, a portrait of Cecelia Gallerani, all of which were front on portraits as opposed to profile. Artistic Value In the Trecento (1300’s) artworks were typically seen as part of a religious story. The donor (person who paid for the artwork) was usually depicted within the work, for example, Enrique Scrovegni in Giotto’s Arena Chappell. In the Quattrocento we see a more individual approach to portraiture, the standard was profile with a decorative background and the exclusion of hands, an example of this is Pisanello’s Portrait of a Princess. Traditionally Italian art was painted using tempera paint, in the 1300’s the use of oilShow MoreRelatedExploring The Different Values Placed On Art Works Essay9463 Words   |  38 PagesAS91487 3.6 Examine the different values placed on art works Mona Lisa – Leonardo Da Vinci 1506 - The Mona Lisa, 1503 - 1506, painted on poplar wood (77 x 53cm) with oil paint. This composition was created by Leonardo Da Vinci, a Quattrocento artist of the Italian Renaissance between the years of 1503 - 1506. The Mona Lisa is unquestionably acclaimed, with great artistic merit and value, to be the most highly revered, renowned painting. This form of art is a portrait, in which Leonardo Da VinciRead MoreEffect of Ict on the Academic Performance of Students8894 Words   |  36 Pagespupils in classroom. Pupils who don’t have their ICT tools at home such as computer i.e. keyboard, audiovisual such as computer i.e. television, telephone, radio cassette and DVD player and internet printed materials is chat and pictures. ICT tools placed inside of the actual programme use with the various subject areas, was much more affective in the process of teaching and learning on pre school pupils. The technology tools make more effect on pupil’s scholastic achievement and gave confidenceRead MoreA Comprehensive Analysis of Hyatt Hotels Corporation and How It Relates to Competition Within the Hotel Industry27390 Words   |  110 Pagesfood and beverage, and entertainments. Within this report, the purpose is to analysis the current situation and future trends of hotel industry, taking Hyatt Hotel Corporation as example, to examine the current issues and provide some recommendations according to the recent situations. This report will examine the hotel industry from both external environments and internal environments. External environments describe the overall situation for global hotel industry, which includes the general environmentRead MoreOrganisational Theory230255 Words   |  922 Pages150 152 152 153 156 159 159 160 161 164 171 176 179 186 . x Contents Chapter 5 Postmodernist organization theory: new organizational forms for a new millennium? Introduction What is postmodernism? Is postmodernism anything new? The history Post-industrialism and the information society The virtual organization Neo-fordism, flexible specialization and post-fordism The regulation school Institutionalist school The ‘managerialist’ school The flexible firm – critique Postmodern organizationsRead MoreMarketing Management130471 Words   |  522 Pagesorganizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders. Hence it can be surmised that marketing is basically meeting unmet needs for target markets, identifying those unmet needs and planning how to meet them through products, services, and ideas. Communicating the value to them along with pricing which is affordable and profitable and also distributingRead MoreMarketing and E-commerce Business65852 Words   |  264 PagesDenise Vaughn Editorial Assistant: Kaylee Rotella Executive Marketing Manager: Anne K. Fahlgren Project Manager Team Lead: Judy Leale Project Manager: Karalyn Holland Operations Specialist: Michelle Klein Creative Director: Blair Brown Sr. Art Director: Janet Slowik Cover Designer: DePinho Design Cover Image: Shutterstock VLADGRIN Media Project Manager: Lisa Rinaldi Full Service Project Management: Azimuth Interactive, Inc. Composition: Azimuth Interactive, Inc. Printer/Binder: EdwardsRead MorePractical Guide to Market Research62092 Words   |  249 Pagesagency which carried out all types of ad hoc consumer and business to business surveys. Twenty five years later I sold BMR and after a short period as a consultant, formed B2B International where I have worked for the last eight years. This potted history of my career is to convey to you my enthusiasm for the subject of market research. Over the 35 years I have been working, I have probably managed more than 2,000 research projects. Each one different, but with more common ground between them thanRead MoreAccounting Information System Chapter 1137115 Words   |  549 PagesQUESTIONS 1.1 The value of information is the difference between the benefits realized from using that information and the costs of producing it. Would you, or any organization, ever produce information if its expected costs exceeded its benefits? If so, provide some examples. If not, why not? Most organizations produce information only if its value exceeds its cost. However, there are two situations where information may be produced even if its cost exceeds its value. a. It is often difficultRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesNikki Ayana Jones Senior Managing Editor: Judy Leale Production Project Manager: Becca Groves Senior Operations Supervisor: Arnold Vila Operations Specialist: Cathleen Petersen Senior Art Director: Janet Slowik Art Director: Kenny Beck Text and Cover Designer: Wanda Espana OB Poll Graphics: Electra Graphics Cover Art: honey comb and a bee working / Shutterstock / LilKar Sr. Media Project Manager, Editorial: Denise Vaughn Media Project Manager, Production: Lisa Rinaldi Full-Service Project Management:Read MoreFundamentals of Hrm263904 Words   |  1056 PagesThe Changing World of Technology What Is a Knowledge Worker? 6 How Technology Affects HRM Practices 6 Recruiting 7 Employee Selection 7 Training and Development 7 Ethics and Employee Rights 7 Motivating Knowledge Workers 7 Paying Employees Market Value 8 Communications 8 Decentralized Work Sites 8 Skill Levels 8 A Legal Concern 8 Employee Involvement 20 How Organizations Involve Employees 20 Employee Involvement Implications for HRM 20 Other HRM Challenges 21 Recession 21 Off Shoring 21 Mergers

Sunday, December 15, 2019

Keeping Your People Pumped Free Essays

The article â€Å"Keeping Your People Pumped† by Naik discusses four effective ways – incentives – how to motivate employees and to create collective sense of purpose. In modern swiftly changing business environment it is necessary to refer to employee motivation to survive and to succeed in highly competitive environment. Therefore, the article contributes management field providing ways of performance improvement. We will write a custom essay sample on Keeping Your People Pumped or any similar topic only for you Order Now The article is easy for understanding and reading; thus, it is intended not only for professional who are aware of all business peculiarities, but also for non-professionals who are interested in becoming acquainted with new trends and tendencies in business world. The author’s purpose is likely to describe the importance of tools in motivating employees. In particular, the study aims at describing the following motivational factors: recognition, celebration, collective sense of purpose, balancing achievement and challenge. Naik, the author of the paper, explains why and how to motivate your employees. It is a matter of fact that motivated employees are needed as, it is mentioned above, business environment is swiftly hanging and empowered personnel helps organization to survive. Moreover, motivation results in increased productivity and higher job commitment. Employees are interested in job security, interesting work, and good working conditions. The key questions the author addresses are: How to keep your people pumped? Why motivation is claimed to be the biggest challenge? Every leader wants to increase job commitment in his employees, and the paper discusses four ways how to achieve the desired outcome. The author is very persuasive as he uses logical arguments, facts, and conclusions to defend position that motivated employees are the core of company’s success. Naik argues that money shouldn’t be the only motivator in the company because â€Å"even in employees who claim money doesn’t matter to them†. Money is important for energizing people, but it is necessary to motivate people â€Å"to invest their souls and hearts in their jobs†. Naik, mainly, discusses only non-monetary tools of employee motivation. The first tool is recognition. He means that it is necessary to announce publicly about achievements of either individual or a team. Moreover, he recommends talking about achievements at every opportunity. Personal appreciation and rewards are strong motivators. Employee’s work should be recognized; otherwise, they will feel de-motivated and hurt. Public recognition motivates competitive team members. Naik says that recognition should be in the form of engraved doodads and should never be in money form. The second tool is celebration. The author stresses that it is important to celebrate together company’s success and achievements because it promotes collective thinking and sense of belonging. Celebrating success is, surely, one of the most effective ways to keep people pumped. However, it is necessary to celebrate even the smallest victories to show that every victory is equally important for the company. It is a good way to increase productivity as well because small victories are new chances to congratulate employees and books their spirits to fight further. Celebrations are also recognition, though with fun involved. I agree with the author that every employee who has done a great job is wiling to hear: â€Å"Great job! I’m taking everyone to Mama Maria’s tonight†. The third tool is very powerful and can be used only if organization is clear with its purposes – collective sense of purpose. Too often bosses aren’t clear about their missions, and in such situations, tool may fail to help. Naik writes that â€Å"many leaders are so busy with the daily grind that their missions fall by the wayside†. Collective sense of purpose suggests that employees should understand and realize where they are going and what they are doing. Sense of purpose makes team confident about their tasks and responsibilities, what boss is waiting from them, etc. The author argues that the final tool is difficult in implementation, though it is very effective motivational tool. The author talks about the balancing achievement and challenge. He means that employees are motivated when they feel they are climbing on the top. They should see the end of their road. Leaders have to create jobs with â€Å"the right push-and-pull† because it increases competitiveness. The author draws relevant conclusion summing up main ideas discusses. He states that financial motivator isn’t on the top of the list. In many cases, personal appreciation and recognitions play crucial role in motivating people. However, some people consider money the only motivator. Professional leader should be aware of peculiarities of his working team to choose the best suited motivational tool. For example, money rarely gravitates toward business. Therefore, leader should think firstly about money as motivator, and when income increases, they may refer to other motivational tools. Apparent strength of the article is that the author provides real examples to intensify reader’s impression. He writes that one investment banker when being asked whether he was motivated, told that he was pleased with bonus, and â€Å"he was just as excited by how it measured up to the other top rainmakers in his firm†. So, money is also effective way of keeping the score. Nevertheless, Naik says that bankers are always caring about money. Therefore, when choosing motivational tools it is necessary to consider working environment. All employees need to feel they matter, and their work means something for leaders. Summing up, open appreciation, shared goal, celebration, and personal attention are the key motivators. How to cite Keeping Your People Pumped, Essay examples

Saturday, December 7, 2019

Technological Significance for International Telecommunications

Question: Discuss about theTechnological Significance for International Telecommunications. Answer: Introduction The telecommunication industry has undergone different changes in the aim of improving communication techniques [2]. Development of the 4G and the current research and development of 5G networks are some of the great miles which this sector has achieved so far. An organization such as International Telecommunications Union-Radio communications sector (ITU-R) and IEEE are able to play key roles in ensuring that these discoveries are able to benefit the people [1]. The improvement on internet is a key milestone which 4G and 5G networks are able to achieve. The first 4G networks were released in Oslo, Norway, and Stockholm, Sweden in 2009. Technological significance The network is a key element which plays a critical role on different sections of an economy. Each upgrade from 1G to the recent version of 4G and anticipated 5G have critical elements which make the unique [3]. In network development, speed is a critical role in the success of network operations. The increase in the internet speed which is estimated to up to 100 Mbps is one of the breakthroughs for the networking. The major partners who have led to the idea and development of the 5G network are NASA who partnered with Machine-to-Machine Intelligence (M2Mi) Corp. The technological advancement in the world demand faster internet services, and this is one area where the 4G and 5G networks are performing well. I addition, IMT advancement is another key technological milestone which these two networks have been able to achieve in the market [5]. This advancement helps the networks to reach their peak speed which they are designed to achieve. In addition, the advancement helps to differen tiable different communication scenarios and meet their specific needs. The high mobility and low mobility communication scenarios required different speeds of Mbit/s. This milestone has been able to set the speed at the different communication channels and solving their issues. The technological advancement of the 4G and 5G networks have been able to meet the needs of the customers and reducing the complains experienced in previous networks. Discussion During the conceptions, engineering challenges were faced. One of the key challenge faced was the acceptance of the developed networks into the market. This came with functional elements where the expectations of the markets where not met. The differences in market expectations was able to aid the difference and challenges in making the networks be adopted in the market places [4]. Technological challenge is another key issue which was faced during the conception of this technological advancements and the development of these networks. The definition boundaries are key issues with many claiming that speed increment should not be the only consideration to define a higher network upgrade. Many views that there are key technological issues which need to be solved with this advancement. This challenges created a negative social implications on marketing of the adoption of these networks. Negative reviews due to inability to meet the market expectations created a negative social view of t hese networks in the market. Negative acceptance my society was experienced on some part, which was created by the available challenges. The social unacceptance was a key implication which was caused by these challenges during conception of the projects. Conclusion. The development of 4G and 5G networks are some of the key milestones in solving communication problems in different sectors. Technological advancement relies on fast communication, and these networks look to enhance such milestone in the market. The increased speed has been the key area of focus when these networks were developed. Meeting specific needs of different mobility communication is a key advancement which has been thought and addressed. Nevertheless, challenges such as social issues and technological definition on what is right do exist on the development of these networks. With the 5G network yet to be released, a lot is expected regarding the cost effectiveness of the market. Economic benefit has to be achieved by the users of the network. This is a key area of focus before the latest generation is released to the market. References. [1] S., Mario Marques da, and F. Anto?nio Taveira Branco Nunes Monteiro. MIMO Processing for 4G and Beyond: Fundamentals and Evolution. 2014. [2]. R., Jonathan. Fundamentals of 5G Mobile Networks. 2015. https://site.ebrary.com/id/11050661. [3]. E., Krouk and S. Semenov. Modulation and Coding Techniques in Wireless Communications. Chichester, West Sussex: Wiley, 2011. [4]. S., William. Foundations of Modern Networking: SDN, NFV, QoE, IoT, and Cloud. 2016. [5]. P., Jyrki T. J. Wireless Communications Security Solutions for the Internet of Things. Newark: Wiley, 2016. https://public.eblib.com/choice/PublicFullRecord.aspx?p=4690021.

Saturday, November 30, 2019

Twelfth Night - Analysis Of Fools Essays (1272 words) -

Twelfth Night - Analysis Of Fools Twelfth Night - Analysis of Fools A fool can be defined in many meanings according to the Oxford English Dictionary On Historical Principles. The word could mean a silly person, or one who professionally counterfeits folly for the entertainment of others, a jester, clown or one who has little or no reason or intellect or one who is made to appear to be a fool (word originated from North Frisian). In english literature, the two main ways which the fool could enter imaginative literature is that He could provide a topic, a theme for mediation, or he could turn into a stock character on the stage, a stylized comic figure. In William Shakespeare's comedy, Twelfth Night, Feste the clown is not the only fool who is subject to foolery. He and many other characters combine their silly acts and wits to invade other characters that evade reality or rather realize a dream, while our sympathies go out to those. It is natural that the fool should be a prominent & attractive figure and make an important contribution to the action in forming the confusion and the humor in an Elizabethan drama. In Twelfth Night, the clown and the fools are the ones who combine humor & wit to make the comedy work. Clowns, jesters, and Buffoons are usually regarded as fools. Their differences could be of how they dress, act or portrayed in society. A clown for example, was understood to be a country bumpkin or 'cloun'. In Elizabethan usage, the word 'clown' is ambiguous meaning both countryman and principal comedian. Another meaning given to it in the 1600 is a fool or jester. As for a buffoon, it is defined as a man whose profession is to make low jests and antics postures; a clown, jester, fool. The buffoon is a fool because although he exploits his own weaknesses instead of being exploited by others....he resembles other comic fools. This is similar to the definition of a 'Jester' who is also known as a buffoon, or a merry andrew. One maintained in a prince's court or nobleman's household. As you can see, the buffoon, jester and the clown are all depicted as fools and are related & tied to each other in some sort of way. They relatively have the same objectives in their roles but in appearance wise (clothes, physical features) they may be different. In Shakespeare's Twelfth Night, Feste's role in this Illyrian comedy is significant because Illyria is a country permeated with the spirit of the Feast of Fools, where identities are confused, 'uncivil rule' applauded...and no harm is done. In Illyria therefore the fool is not so much a critic of his environment as a ringleader, a merry-companion, a Lord of Misrule. Being equally welcome above and below stairs.. makes Feste significant as a character. In Twelfth Night, Feste plays the role of a humble clown employed by Olivia's father playing the licensed fool of their household. We learn this in Olivia's statement stating that Feste is an allowed fool(I.v.93) meaning he is licensed, privileged critic to speak the truth of the people around him. We also learn in a statement by Curio to the Duke that Feste is employed by Olivia's father. Feste the jester... a fool that the Lady Olivia's father took much pleasure in(II.iv.11). Feste is more of the comic truth of the comedy. Although he does not make any profound remarks, he seems to be the wisest person within all the characters in the comedy. Viola remarks this by saying This fellow's wise enough to play the fool(III.i.61). Since Feste is a licensed fool, his main role in Twelfth Night is to speak the truth. This is where the humor lies, his truthfulness. In one example he proves Olivia to be a true fool by asking her what she was mourning about. The point Feste tried to make was why was Olivia mourning for a person who's soul is in heaven? CLOWN Good madonna, why mourn'st thou? OLIVIA Good Fool, for my brother's death. CLOWN I think his soul is in hell, madonna. OLIVIA I know his soul is in heaven, fool. CLOWN The more fool, madonna, to mourn for your brother's soul, being in heaven. Take away the fool, gentlemen. Adding to the humor of the comedy, Feste, dresses up as Sir Topaz, the curate and visits the imprisoned Malvolio with Maria and Sir Toby. There he uses his humor to abuse Malvolio who is still unaware that he is actually talking to the clown than

Tuesday, November 26, 2019

buy custom Health Insurance Portability and Accountability Act Rules essay

buy custom Health Insurance Portability and Accountability Act Rules essay Privacy rules are rules that bring the standards of the nation to protect the individuals against medical records and personal health information that apply to health plans. It also protects them from those who provide health care in clearing houses and to the electronically provided heath care. They are essential in keeping the secret of individual health information away from the public, giving the terms and conditions to use and the dissemination of such information without permission from the owner. They also give the patient the mandate over the health information and the right to obtain and acquire a copy of health record and even ask for correction if any. Security rules establishes the nation standards that protects the individuals from electronically personal health information that is created, acquired, utilized or that is protected by a covered entity. The rule mainly aims at protecting the electronic preserved health information and the federal agencies which are covered entities under the health insurance portability and accountability act which must comply with the security rule that aims at protecting the secrecy, integrity and availability of electronic protected health information. The rule must ensure the secrecy, integrity and availability of EPHI which creates, obtains, trnsmits and protects against any reasonable anticipated uses or dissemination of such information, which is not in agreement with the privacy rule. Standardized transaction code set rules are regulation that are established by the expertise and are supposed to be followed when the rules and orders are being made. They act as a guide line to the formation of the actual rules. Health information management services information is obtained from the department of health and human services. This information is necessary in the implementation of health insurance portability and accountability act strategy. As shown in the context in a technological view point James is responsible for making sure that, all the health information is accurately gathered, kept and, protected. The information obtained from this department is useful to the chief information officer in decision making, which is of importance to the organization and the members of the staff. Clinical nursing services information is obtained from the department of health and human services. It gives data which are essential in the decision making of the department and the orga nization at large. The information is gathered from the various activities, which takes place within and outside the clinics. Credit department is in the health and human services department and it is used to record all the transactions, which takes place in that department. The information recorded is used to analyze the performance of the organization which is useful to the members of the staff in decision making. Treatment is the provision, staffing or management of health care services and any similar services among those who provide health care or a third party with a health care provider consulting between the health care providers regarding a client or the referral of the client from one health care provider to another. Payments are the various activities which provide health care services to obtain payments or to compensate for their services and for those of health plan to receive premiums for the fulfillment of their coverage responsibilities and give benefits under the plan. Operations refer to the administration, finance, legal and quality improvement activities that of an entity which is covered, that are necessary to operate the business and to support the main functions of treatment and payments. The chief compliance officer is correct because the information follows the health insurance portability and accountability act which gives the directions on how to set the rules and on how they should be regulated. Buy custom Health Insurance Portability and Accountability Act Rules essay

Friday, November 22, 2019

African creation myths Essay Example for Free

African creation myths Essay ? 1. Perhaps the answer that would best suit the question why life is so hard and then you die is how death is portrayed in these stories. There is suffering and hardship in one’s life because of disobedience of the hardships and commands of his gods. Death ultimately becomes the only â€Å"salvation† after so much hardship.   Had the living things and man obeyed the orders of their god, death would not have overcome these lives. In the story of the Plant of Life, the second wife, in her jealousy of not being considered by her husband despite the death of the first wife decided that in order to end her suffering must kill the plant that has taken the time and affection that would have been hers. Hence, ultimately, it is no wonder that in the end, the wife bears the consequent death of all living things. 2.  Ã‚   Basically these African myths hold women in the same way that women are being viewed today. Women are seen as being responsible for the ills that happened to society and life in general.   For example, in the story of the Plant of Life, the second wife was blamed for being the source of death when â€Å"she saw the plant and was jealous and cut it down with a hoe.† (Plant of Life). Such story shows how of little value women are because if the god did not play favourites among his wives, the story would not have ended that way. As a whole, women are viewed as being the cause of tragedies. 3. This myth basically starts out as a story of creation of the world and its five elements.   However, as the story intertwined itself it became a story not of creation but of destruction as each element became defeated by the other until at last Doondari, the god who created these things came down to earth and became the eternal one.   A very good point of interest here is how the story incorporated the attributes of men like sleep, blindness, worry and death and how these attributes became defeated when all of them became proud. It would seem that the writer wanted to emphasize that pride became the reason for the fall of its attributes and in the end, it was the god who has to put everything in its place. 4. One interesting thing about this myth is how Shida Matunda got afraid when the jealous wife killed the plant which what became of his favorite wife when she died. He is a god and yet he had no hold over life when in fact, he created the world and its living things. It would seem that as a god, he too depended on â€Å"higher beings† than himself and that he attributes life on these beings such as the plant which became the plant of life. 5. Between the myth of the Disobedience of Man and the story of creation in Genesis, one common factor emerges as to why one man disobeyed his Creator.   In this African myth, the root of the disobedience is the woman who failed to follow the orders of her god not to till the soil for food while in Genesis, Eve did not take heed in God’s warning not to eat the Forbidden fruit lest they will be punished. Hence, when they disobeyed the order of their gods, they were punished: the first beings in this African myth were sent with Death while Adam and Eve were banished out of the paradise that God created for them. 6. Indeed there is a great similarity between the myth Revolt Against God and the great Flood in Genesis although the manner of wiping out the face of the earth vastly differs with the version in Genesis.   In the myth of the Revolt against God, the gods wiped out the earth through fire whereas in the version of Genesis, the world was wiped out by the Great Flood.   Perhaps the reason why there is a similarity between the two stories is because we all came from the same roots.   Just like in the religions of   Christianity and Islam that traces its roots to Abraham, these stories of cleansing the earth may have also come from one original source and just branched out after generations of passing it. 7.   Ã‚  The gods in these African myths are not at all like gods but rather seemed like counterparts of men.   Although they have created the world, the living things and men, they never ceased to be like human beings who still feel the emotions of human beings or maybe they are simply reflections of the image and likeness of the beings they have created.   However, these African gods tend to be fickle-minded sometimes and would do whatever they feel like doing at the heat of the moment and that analyzing these myths, one can surmise that they are just exercising their power over their creations. African creation myths. (2017, Feb 28).

Wednesday, November 20, 2019

Customer Loyalty at Ritz Carlton Hotel Essay Example | Topics and Well Written Essays - 500 words

Customer Loyalty at Ritz Carlton Hotel - Essay Example In his study, customer loyalty is associated will the kind of treated and services they receive. Customer loyalty is therefore seen with respect to how a customer responds to the products and services presented by the company (Lawfer 11). In Ritz Carlton industry, customer loyalty means the creation of customer satisfaction through creation of culture where customer needs is given priority through provision of high quality of products and services and good personal services by the employees of the company. He does this by making sure that the customer is made to feel valued by the company. However, as Andreassen and Lindestad state, customer loyalty is dependent on corporate image and the disconfirmation of expectations. Therefore, a company with good corporate image which puts the interests of its customers first is likely to win customer loyalty. In Ritz Carlton, a loyal customer has a lifetime worth of $ 1 million. According to Carflton, a loyal customer will try to sell a company to other customers luring them to it and that is why they are priced highly as opposed to a disloyal customer who will try to paint your company in a negative way. In Ritz Carlton`s hotel, customer satisfaction if given priority as the employees are empowered to use huge amounts of money as long as their motive is to satisfy their customers and make them happy. When a customer realizes that all her needs have been catered for in the hotel, their desire to come back for more service is boosted. The management also hires only those employees who are able and knowledgeable in meeting customer demand. Customer needs are given priority through customer orientation as they are made to feel valued. The company retains its customers through provision of high quality products and services. Ritz Carlton hotel builds customer relationships by ensuring that well trained and reputable employees are hired. The employees are trained to be customer focused and are required to

Tuesday, November 19, 2019

Corporate Strategies Assignment Example | Topics and Well Written Essays - 2000 words

Corporate Strategies - Assignment Example With its vision of enabling its customers to make the most of their world and possibilities though the services it offers, O2 plc (O2) accomplishes its commitment of providing mobile communication services in Europe. The business organisation also profits from its leading mobile internet portal business. Armed with its values of being bold, trusted, open, and clear, O2 continues its quest to become the telecommunication industry's market leader. The creation of O2 in the 1990s can be traced backed to the decision of British Telecommunication to "demerge its mobile phone business" in order to strengthen the financial position of the latter. From its beginning, the firm is currently a major player in the various nations where it operates including the United Kingdom, Republic of Ireland, Germany, the Isle of Man, and Asia. As the business organisation is focused on satisfying consumer needs, O2 strategic business units are classified according to their geographic locations. It should be noted that the products being offered varies in each region (O2 Plc 2006). The major products of O2 are mobile telecommunication equipments which are either paid through installment plans or pre-paid. With its thrust to provide the market with higher quality products, the company offers complementary services like third generation telephony (3G), O2 Active, I Mode, and O2 Online. O2 also ensures the satisfaction of customers by offering product features like entertainment through its sponsorship of the England Rugby Team and Arsenal FC and partnership with Anschutz Entertainment Group (O2 Plc 2006). III. Competitive Position in the Industry Environment As stated above, O2 Plc operates in different geographic locations, battling head-on with various competitors. Table 1 shows the geographical locations of firm's business activities alongside with its competitors in each region. It can be deduced that O2's direct competitors are Orange SA (Orange), T-Mobile, 3, Vodafone Group Plc (Vodafone), Virgin Mobile Ltd. (Virgin Mobile), Meteor Mobile Communications Limited (Meteor), and e-plus. Table 1. Geographical Location of O2 and its Main Competitors Geographical Region Major Competitors United Kingdom Orange, T-Mobile, 3, Vodafone Ireland Vodafone, Meteor, 3 Germany T-Mobile, Vodafone, e-plus Czech Republic T-Mobile, Vodafone Slovakia T-Mobile, Orange In order to look at the relative position of O2 Plc relative to its competitors in the United Kingdom, this report will look each business organisation in terms of market scope, number of customers, financial performance, market growth, products and services sold, and factors affecting business well-being. The main findings including the data for O2 are tabulated in Table 2. Among all the players in the global mobile communication industry, Vodafone holds the largest market share at 26.8%. The business organization is recognized as the largest mobile telecommunication company in the world with a market value of 65 billion (Vodafone 2006). It is estimated that the market leader approximately has 186.8 million subscribers in the 27 countries where it conducts its

Saturday, November 16, 2019

Staff Training and Development Essay Example for Free

Staff Training and Development Essay From a company perspective, training and development of company employees are essential for organizational operation. From an employee perspective, the same factor is critical for skill development and for career advancement. â€Å"The retention of valued skill sets, are important for continued business achievements† and as a supervisor it is important to continuously train and develop your staff’s skills (McClelland, 1993). As a supervisor of employees whose task is to assemble tuning devices that go into cell phones, it is important to investigate why the quality of work has diminished. Training, managerial development and training, and performance management are some factors that could be attributing to the decrease in quality of the tuning devices assembled by the employees. Trial and error will need to take place in order to determine if the lack of training has been contributing to poor quality work. The training of employees leads to â€Å"increased employee satisfaction, facilitates the updating of skills, leads to an increased sense of belonging and benefit, increased employee commitment to the organization, and strengthens the organization’s competitiveness† (McClelland, 1993). It also improves productivity efforts. â€Å"It is improbable to produce improvements in human performance without relying, to one degree or another, on training† (Asim, Waqas, Cheema, 2012). To determine if training should be necessary or required, it would be important for the supervisor to look back at past training modules and new processes. Employees may need retraining on assembling tuning devices and the importance of quality work ethics. Audits of employee training will focus on task evaluations, work practices, and methods in an attempt to address the problem that has been affecting the employee’s quality of work. Managerial training and development could also play a part of the employee’s quality of work. It is important as a supervisor to attempt to â€Å"improve managerial performance by imparting knowledge, changing attitudes, or increasing skills† (Dessler, 2011, p. 155). Improving managerial skills can assist with implementing ways to improve employee performance and development. As a supervisor, it is important to work on goals and to figure out which goals are not working for your employees. A supervisor needs to assess their management skills to see if it is hindering or affecting the employee’s work ethics. Feedback on employee knowledge or changes in quality need to further discussion with employees on a weekly base especially if there has been a significant decrease in the quality of work. Another factor that a supervisor must ask is how often appraisal performances are conducted and what affect that has been having on the employee’s work quality. Appraisals help the supervisor make â€Å"promotion and salary raise decisions†, it lets the supervisor develop â€Å"a plan for correcting any deficiencies† (the quality of tuning devices), and it facilitates career planning by â€Å"providing an opportunity to review the employee’s career plans in light of his or her exhibited strengths and weaknesses† (Dessler, 2011, p. 170). Creating an appraisal process can shine light on the current issue with the employee’s work quality. If the employees have not been given a goal and/or do not understand their job, it will affect productivity and the quality of work being performed. The supervisor’s appraisal process would reward productive employees and assist the professional growth and development of inexperienced and unproductive individuals. A quarterly appraisal can take place discussing the job description, the process of assembling tuning devices, previously determined goals and objectives; and ongoing observations and communications of performance. These quarterly appraisals provide information for the employees and can assist with assessing the causes of poor assembly of tuning devices. During the annual appraisal, if training or what was previously discussed in the quarterly appraisal has not improved the quality of work, then it may not be training and the Human Resources Department may need to get involved. One other factor not mentioned at the beginning is the potential of environmental change. As a supervisor, any new change in the work environment needs to be taken in consideration. Where there any new changes in assembling of tuning devices for the cell phones that was not covered or mentioned in training? Not all employees are ready for change and if not done correctly it can affect the quality of work. Asim, Waqas, and Cheema (2012) noted â€Å"employees thinking, acting and behaviors are important elements for consideration in order to achieve organizational change successfully†. A change may have been implemented that could be affecting the quality of assembling tuning devices. To improve the employees task to assemble tuning devices that go into cell phones training development, managerial development, performance appraisals, and monitoring change may need to be implemented. Constant monitoring of training and development will assess how the training succeeds. The supervisor will devote time to ensuring that employees get the training programs that is most appropriate for them given their existing skill sets. The supervisor will improve their managing skills and take into consideration any changes in the work environment that has been affecting productivity levels. Assessing these factors will assist in closing the gap between how the employees currently perform in their assembling work and how they need to perform to meet company objectives.

Thursday, November 14, 2019

Mathematics and Art Essay -- Logic, Creativity, Philosophy

Mathematics and art are two areas of knowledge that demonstrate different degrees of interaction between critical and creative thinking. Whether considering mathematics or art, creative thinking evaluates a new or original idea containing some degree of value. Critical thinking examines assumptions and challenges a current belief or theory that has previously assumed to be true. Although general assumptions and creativity may be considered separately when considering extreme examples of concrete ideas and abstract ideas, the interplay of critical and creative thinking is one method in which new and validated knowledge is attained. Mathematics is an area of knowledge that may seemingly appear to be concrete, utilizing reason as its source of knowledge. On one hand, mathematics represents learned concepts using a repetitive procedure and logic that will rarely deviate. Beginning concepts of mathematics taught in schools are concrete with fixed steps and formulas for solving problems. For example, the properties of addition, subtraction, multiplication, and division yield fixed answers. Students only have to use the steps previously taught and accept them to be true to attain the correct response. Therefore, concrete concepts can only be accepted as true by using learned skills to process and generate information and belief. However, without some degree of understanding or context, the use of the skills as a repetitive â€Å"exercise† is not critical thinking because it has no meaning. It is accepted that the area of a right triangle is one half the base times the height. Reasoning can be used through the drawing of a grid and counting the squares to verify this formula. In this way, mathematics uses critical thinking to guid... ...ture, for example, buildings, bridges, and structures are taller, more energy efficient, and able to utilize previously impossible designs because the interplay of critical thinking and creative thinking has yielded new techniques. These three fields each utilize mathematics and art to generate the latest knowledge. Knowledge can be generated through the interaction of critical and creative thinking. Critical and creative thinking are both needed in different ways to create new ideas that are verifiable and credible. Ideas and interpretations that have been generated through advancements in math and the arts demonstrate that both critical thinking and creative thinking are needed to generate new knowledge. As a result, the questioning of established beliefs along with the creation of new ideas will yield beneficial knowledge to the world and its learners.

Monday, November 11, 2019

Report on Lease Financing

[pic] [pic] Course code: F-201 Course title: Financial accounting -2 Submitted to: Tahmina Akter Lecturer Department of Finance University of Dhaka Submitted by: Name | | | |Roll | | | |Section | | | |Md. Mostafa Kamal | | | |16-058 | | | |B | | | |Md. Sakib Bin Abdul Hannan | | | |16-096 | | | |B | | | |Md. Mehdi Hasan | | | |16-112 | | | |B | | | |Parvaj Mosaraf | | | |16-140 | | | |B | | | |Belal Hossain | | | |15-132 | | | |B | | | BBA 16th Batch Department of Finance University of Dhaka Date of Submission: 26-05-2011 Letter of Transmittal Date: 26th May, 2011. To Tahmina Akter Lecturer Department of Finance University of Dhaka Subject: Submission of report â€Å"A Report on Lease Financing†. Dear Madam, We are pleased to submit the report you have assigned to us. The report paper was to prepare the term paper on the course named â€Å"Financial Accounting-2† Course # F –201, as a part of our academic activities. This is the report on â€Å"A Report on Lease Financing†. The report reviews that how leasing company leases equipment. And we have focused a specific lease agreement of United Leasing Company with Delta Pharma Limited to have the real experience. We tried our best to prepare this report a fault free, but it is not possible. We hope that you will take any mistake with kind consideration. Thank you. Sincerely Mostafa Kamal (On behalf of the group-) Contents Acknowledgement This report entitled â€Å"A Report on Lease Financing† is submitted as the requirement of a part of the study of â€Å"Financial Accounting-2† in the BBA program conducted by Department of Finance, University of Dhaka. To prepare this report an intensive study was made covering various terminologies with the help of books named â€Å"Intermediate Accounting by Donald E. Kieso and Weygandt†. At first we want to pay our gratitude to all mighty Allah for preparing the report successfully. We are extremely grateful to our honorable course teacher Tahmina Akter, lecturer, Department of Finance, University of Dhaka for her painstaking guidance, suggestion and all type of support & supervision to prepare this report. She continuously reminded us for the preparation of this report paper and finally gave a out-line to write down the paper spending her valuable time. Without her untiring efforts, completion of this report paper would have been impossible. We like to give thanks especially to our friends and many individuals, for their enthusiastic encouragements and helps during the preparation of this report us by sharing ideas regarding this subject and for their assistance in typing and proof reading this manuscript. Executive Summary Lease financing is the most important issue that determines the direction of financial behavior in an organization, a financial level of effort, and the organization’s level of persistence in the face of obstacles of other types of financing. Now-a-days lease financing is the most emphasized topic to any challenging institution or organization to develop their financial resources as well as profit maximization or maximization of owner’s equity. Lease financing is so central to management because it explains why it is better for the organization to gather financially solvency by lease financing. By lease financing an organization can reach its specific destination. If an organization has effective lease financing efficiency it can survive & develop quickly than others. At first an organization considers lease financing and other financing cooperatively with one another then it takes decision to apply lease financing or other financing whichever is best. If other financing is the best than the lease financing then it will be selected, not lease financing. So from this comment it will be clear that lease financing must be selected it is not necessary. So which is the best is considerable matter. Background of the Report As a Part of Financial Accounting-2 course, we have prepared this report. Our course teacher, Tahmina Akter, instructed us to prepare a report on â€Å"Lease Financing†. We have made a detailed and critical analysis on the topic-All the five members of our group provided their sincerity and serious effort to prepare this term paper and the term paper submitted today – 26th May, 2011. Objective of the Report The main objective of our term paper is to show the lease agreement of a leasing company. We have study about advantage of leasing, various features of leasing but while preparing this report we have understood how leasing is important for company. Methodology and sources of information The term paper is written by using secondary resources. To prepare this term paper I have taken the help of numerous books, computer lab of business faculty of university of Dhaka. In this term paper I sorted information shortly and to collect information we went to computer lab and central library of Dhaka University. Besides I have also collected information through numerous sources such as The Daily Star and other daily news papers, journals etc. INTRODUCTION A lease is a contract whereby the owner of an asset (the lessor) grants to another party (the lessee) the exclusive right to use the asset in return for the payment of rent. Lease financing in Bangladesh means financing according to the methods of lease in Bangladesh. Sometimes it is more acceptable than others financing. Actually it is more profitable in some special sectors where other financing will be less profitable than lease financing. Most of us are familiar with lease of apartments, cars, and telephones. Bangladesh is a developing country, so lease financing is not very easy to apply here. In spite of these problems there are many sectors where lease financing is strictly applied. The key difference between a finance lease and an operating lease is whether the lessor (the legal owner who rents out the assets) or lessee (who uses the asset) takes on the risks of ownership of the leased assets. The classification of a lease (as an operating or finance lease) also affects how it is reported in the accounts. The classification of large transactions, such as sale and leasebacks of property, may have a significant effect on the accounts and on measures of financial stability such as gearing. However, it is worth remembering that an improvement in financial gearing may be offset by a worsening of operational gearing and vice-versa. Leasing: A lease is a contractual agreement between two parties establishing an arrangement for the use of an asset in return for periodic payments by the user. In a lease arrangement: ? The lessor is the asset owner, who receives the periodic payments. ? The lease makes the payments to the lessor in return for using the asset. Types of leases: All leases can be categorized broadly as either operating or financial leases. In turn, financial leases can be categorized into specific types. We will discuss the various types of leases below. Operating leases: An operating lease is a short-term, cancelable lease. A simple example of an operating or service lease is a lease for telephone service. Financial leases: A financial lease is typically a long term, no cancelable lease- the opposite of an operating lease. At the termination of the lease contract, the lessee often can either renew the lease or purchase the asset. Features of operating leases: 1. The lease is cancelable by the leasee prior to its expiration. 2. The lessor provides service, maintenance, and insurance. 3. The sum of all the lease payments by the lesee does not necessarily fully provide for the recovery of the asset’s cost. Features of financial leases: 1. The lease is not cancelable by the lessee prior to its expiration date. 2. The lessee is typically responsible for service, maintenance, and insurance for the asset. 3. The asset is fully amortized over the life of the lease. Financial leases can be divided into two basic forms: 1. Direct lease: In the straightforward arrangement, the firm leases an asset it did not previously own. The firm simultaneously signs the lease agreement with the lessor and orders the equipment from the manufacturer. The lessor pays for the equipment, which is sent to the firm. The firm makes lease payments to the lessor based on a lease agreement worked out by the two parties. If the direct lease is from the manufacturer, then the manufacturer and the lessor are one and the same. 2. Sale and leaseback: In this arrangement the firm sells an asset it currently owns and then leases the same asset from the buyer. Lease payments are set to return the full purchase price plus a rate of return deemed reasonable. The advantage to the lessee is that it allows the firm to continue using the asset while providing cash that can be used elsewhere. It has become increasingly more common in recent years for companies to lease equipment. Each leasing agreement needs to be read through carefully to understand the terms and conditions within said lease. Typically a lease can run anywhere from one to five years. Most equipment necessary in commercial businesses today, including technical equipment, can be leased. Some leases provide an option to then purchase the equipment at substantially less money when at the end of the term of the lease. By leasing equipment, if structured properly, you can maintain your credit availability, as the lease debt does not have to be considered a direct liability on your financial statements. This is advantageous, as it does not limit your ability to borrow from lending sources. Advantages of lease financing: ? It offers fixed rate financing; you pay at the same rate monthly. ? Leasing is inflation friendly. As the costs go up over five years, you still pay the same rate as when you began the lease, therefore making your dollar stretch farther. (In addition, the lease is not connected to the success of the business. Therefore, no matter how well the business does, the lease rate never changes. ) ? There is less upfront cash outlay; you do not need to make large cash payments for the purchase of needed equipment. ? Leasing better utilizes equipment; you lease and pay for equipment only for the time you need it. ? There is typically an option to buy equipment at end of lease term. ? You can keep upgrading; as new equipment becomes available you can upgrade to the latest models each time your lease ends. ? Typically, it is easier to obtain lease financing than loans from commercial lenders. ? It offers potential tax benefits depending on how the lease is structured. One of the reasons for the popularity of leasing is the steady stream of new and improved technology. By the end of a calendar year, much of your technology will be deemed â€Å"dinosaurs. The cost of continually buying new equipment to meet changing and growing business needs can be difficult for most small businesses. For this reason leasing is very advantageous. Leasing can also help you enhance your status to the lending community by improving your debt-to-equity and earnings-to-fixed assets ratios. There are a variety of ways in which a lease can be structured. This provides greater flexibility so that the lease is structured to best accommodate the individual cash flow requirements of a specific business. For example, you may have balloon payments, step up or step down payments, deferred payments or even seasonal payments. The actual advantages of leasing: The most important reason for leasing remains the tax reason. This advantage exists because firms are in different tax brackets, allowing a firm that can not take full advantage of a potential tax shield to shift such a shield to another firm. If the lease payments are set at proper rate, the firm that does the transferring can benefit, as can the lessor. Although someone has to lose, that someone will be the IRS. Disadvantages of lease financing: Leasing is a preferred means of financing for certain businesses. However it is not for everyone. The type of industry and type of equipment required also need to be considered. Tax implications also need to be compared between leasing and purchasing equipment. You have an obligation to continue making payments. Typically, leases may not be terminated before the original term is completed. Therefore, the renter is responsible for paying off the lease. This can pose a major financial problem for the owners of a business experiences a downturn. ? You have no equity until you decide to purchase the equip ment at the end of the lease term, at which point the equipment has depreciated significantly. ? Although you are not the owner, you are still responsible for maintaining the equipment as specified by the terms of the lease. Failure to do so can prove costly. A lease involving a third party that lends the lessor part of the funds ecessary to purchase the asset to be leased. 1. Equipment manufacturers: Durable-goods manufacturers often establish subsidiary leasing or credit companies. One of the main reasons that manufacturing companies provides lease financing is to encourage the use of their product. 2. Financial institutions: Banks, bank holding companies, and life insurance companies. These institutions are heavily involved in long-term financial leases. From their standpoint, leases are merely a secured lending. 3. Independent leasing companies: This provides much of the direct leasing. The financing effect: It is a form of borrowing. The contractual agreement on the lease payme nts is no cancelable. Therefore as other types of debt, failure to make the lease payments can result in bankruptcy. Both lessors and lessees generally, and correctly, view a financial lease as a form of borrowing. Leasing is similar to debt; it has an impact on the amount of borrowing a firm can do. Generally, the more a firm leases, the less it can borrow. This debt displacement is an implicit cost of leasing. The tax effect: For tax purposes, the lease is entitled to a full deduction of all qualified lease payments. Therefore, like other forms of borrowing, the government subsidizes the cost of leasing. The reporting effects: Leasing used to be referred to as off-balance sheet financing. Under rior accounting practices, because the firm did not own the asset, neither the asset nor the companion lease liability had to appear in the body of the balance sheet. A footnote reference, often a very terse one, was sufficient. The superficial effect was to understate the firm’s indebtedness position. Les see reporting: The capitalized value of capital leases and their companion liabilities are put in the body of the lessee’s balance sheet. These capitalized values are the present value of the lease payments. Thus the present value of the lease payments appears on the right-hand side of the balance sheet as a liability and on the left-hand side as an asset. [pic] ULC was established in 1989 as a public limited company, to cater the investment needs of our economy. ULC provides lease financing facilities to all market segments of customers, Small & Medium Enterprises, Commercial Houses, Large Corporate organizations. Under Lease financing They provide; ? Industrial machinery and motor vehicles at concessionary term. ? Machinery and Furniture for Hospital use. ? Truck or Bus for Transportation. ? Equipment or Furniture for Official use. Delta Pharma Limited (DELTA PHARMA) has been propelling steadily towards its goal (Better Care†¦ Better Cure†¦ ) since its launch on November 21, 2004. It is a public limited company. Vission The vision is to reach a level of excellence in pharmaceuticals through a sustained effort to quality assurance and to achieve a global standard through the indoctrination of a culture of excellence. Mission Our mission is to benefit people and improve their quality of life through our quality products. As a generic company, our growth is closely knitted to the satisfaction of our customers. We would like to ensure customer satisfaction through providing quality medicine at affordable cost, launching new molecules & expediting export to all possible avenues. We are committed to achieving our goal through skilled, creative, and motivated employees. ULC agrees to lease a drug manufacturing machine to Delta pharma company on January 1, 2010. ULC has added following information in the contract: 1. The lease agreement is noncancellable in nature with 6 years time period. 2. There will be no renewable option after lease term. 3. The cost of the machine was tk. 245000 and the fair value of the machine at January 1, 2010 is tk. 245000. 4. Machine will be reverted to the leesor at the end of this term at which time the machine will have scrape value worth tk. 43622 which is ungurrenteed. 5. Delta Pharma will bear the responsibility all executive cost. 6. ULC requires equal rental payment annually beginning January 1, 2010. 7. Collectability of the lease payment is reasonably predictable. There are no uncertainties surrounding the amount of costs yet to be incurred by the ULC. Required calculation by ULC Rental payment calculation Fair market value of the leased asset to lesor tk. 245000 Less: Present of the ungurenteed residual value tk. 24623. 31 (43622X. 56447) Amount to be received through lease payment tk. 220376. 69 Six periodic lease payment (tk. 220376. 69/4. 79079) tk. 46000 United Leasing Company (Lessor) Lease Amortization Schedule Date |Annual lease payment plus |Interest on lease |Recovery of lease |Lease receivable | | |URV |receivable |receivable | | |1-1-10 | | | |245000 | |1-1-10 |46000 | |46000 |199000 | |1-1-11 |46000 |19900 |26100 |172900 | |1-1-12 |46000 |17290 |28710 |144190 | |1-1-13 |46000 |14419 |31581 |112609 | |1-1-14 |46000 |11261 |34739 |77870 | |1-1-15 |46000 |7787 |38213 |39657 | |1-1-15 |43622 |3965 |39657 |0 | Journal entries for ULC Journal entries given by the United Lea sing Company for the first two years: Date |Journal |Amount(tk) | |1-1-10 |Lease receivable†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦. Dr |245000 | | |Equipment†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Cr |245000 | |1-1-10 |Cash†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Dr |46000 | | |Lease Receivable†¦Ã¢â‚¬ ¦ Cr |46000 | |12-31-10 |Interest Receivable†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Dr |19900 | | |Interest Revenue. †¦.. Cr |19900 | |1-1-11 |Cash†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Dr |46000 | | |Lease Receivable †¦Ã¢â‚¬ ¦Cr |26100 | | |Interest Receivable†¦. Cr |19900 | |12-31-11 |Interest Receivable†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Dr |17290 | | |Interest Revenu†¦Ã¢â‚¬ ¦. †¦. Cr |17290 | Findings Analyzing this report we have come to terms: 1. Lease plays an important role for business. 2. Easy for business to get lease. 3. Lease agreement may contain less restrictive provisions than other debt agreement. 4. Business finds leasing cheaper than other forms of financing. 5. Business does not report an asset or liability for the lease agreement for financial reporting purposes. 6. It is a contractual agreement. 7. It may be cancellable or no cancellable. 8. Leasing provides business an opportunity to transfer tax benefit to another party. The leasing market is becoming more competitive because of the new leasing companies are entering the market. However, There are still leasing companies are doing well. The political stability and overall economic development is an essential precondition of the smooth growth of this sector. If we can ensure these two preconditions, the leasing sector of Bangladesh would be able to perform a strong role in our industrial development. If we disuses more and more about lease financing, and if we try to spread it among our general public about its advantages, we will go clearly ahead. It is very favorable to apply lease financing in Bangladesh. From above discussion, it is clear that, in many sectors lease financing is better than other financing. If we know about lease financing properly, we can use or we can avail all the advantages of lease financing where other financing is not favorable for us. 1. Brigham, E. F. and M. C. Ehrhardt. 2001. Financial management: Theory and practice. 10th Edition. Singapore. South- Western. 2. Bhole, L. M. 1992. Financial Institutions and Markets: structure, growth and Innovations. 2nd Edition. New Delhi. Tata- McGraw-Hill Publishing Company. Evaluation of students’ performance; 3. Horne, J. C. 1999. Financial Management and Policy. [pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic][pic] ———————– Bibliography 05 06 07 07 07 08 09 11 13 18 21 22 22 1. Acknowledgement 2. Executive Summary Background of the report Objective of the report Methodology and sources of information 3. Introduction 4. Lease Financing 5. Advantage and disadvantage of leasing 6. Sources of lease financing 7. A lease contract 8. Findings 9. Conclusion 10. Bibliography TOPIC PAGES A Report on Lease Financing Conclusion The effects of leasing on the firm: A Lease contract of United Leasing company with Delta Pharma Limited Sources of lease financing: Leveraged lease: Advantages and Disadvantages of Lease Financing for Businesses Lease Financing [pic] (Lessee) [pic] (Lessor)

Saturday, November 9, 2019

Regression Analysis and Credit Balance

AJ DAVIS Generate a scatterplot for CREDIT BALANCE vs. SIZE, including the graph of the â€Å"best fit† line. Interpret. Determine the equation of the â€Å"best fit† line, which describes the relationship between CREDIT BALANCE and SIZE 2591+ 403. 221 Determine the coefficient of correlation. Interpret. .75/ r-sq(56. 6%). There is a mild correlation. Determine the coefficient of determination. Interpret. 56. 6% Test the utility of this regression model (use a two tail test with ? =. 05). Interpret your results, including the p-value. P-value=0. Reject the null hpothesis.T value 7. 9147 Based on your findings in 1-5, what is your opinion about using SIZE to predict CREDIT BALANCE? Size is a good predictor for credit balance. Compute the 95% confidence interval for beta-1 (the population slope). Interpret this interval. (300. 79, 505. 66) Using an interval, estimate the average credit balance for customers that have household size of 5. Interpret this interval. (4368. 20 , 4846. 90) Using an interval, predict the credit balance for a customer that has a household size of 5. Interpret this interval. (3337. 87, 5877. 23)What can we say about the credit balance for a customer that has a household size of 10? Denotes a point that is an extreme outlier in the predictors. Using MINITAB run the multiple regression analysis using the variables INCOME, SIZE and YEARS to predict CREDIT BALANCE. State the equation for this multiple regression model. Credit balance= 1276. 02+ 32. 2719 income(1000) + 346. 852 size + 7. 88209 years. Is this multiple regression model better than the linear model that we generated in parts 1-10? Yes. Reject years there is no corralation of coefficient. Income is useful and years in combination with size and income.

Thursday, November 7, 2019

Critical Thinking and Language

Critical Thinking and Language As Tom Cochrane sang in one of his songs that was released in 1991, I believe that "Life is a Highway." Life has its many ups and downs, lefts and rights, and different routes that you can choose to take. There are obstacles that you need to overcome while you are on your journey through life as well as wherever you may be driving. Sometime's you can run into some construction or an accident that will slow you down just like you can run into problems in your life that will slow you down. I once had to wait to get some school papers straightened out all because I had forgotten to date a page that I had faxed. I had to date the page and then refax the papers. Talk about something minor, in my opinion, holding me up.I also believe that life can be compared to a roller coaster.English: There are no symbols that represent skept...(Diversity, n.d.).Definition of CommunicationThe exchange of thoughts, messages, or information, as by speech, signals, writing, or behavior (Communication, n.d. ).The Role of Language and Language DiversityIn the role of language and language diversity, the purpose is a method in which an individual communicates to get his or her opinion and ideas across to the other individual. From region to region languages are developed, the diversity of languages are therefore formed. The United States has approximately 250 different languages spoken. That being the case, in today's workforce there may be more of a chance to work with someone who may not be as fluent in the English language as another (Thiederman, 2006). In order to communicate effectively one needs to use critical thinking to break the barriers of language diversity.When hearing an individual with an accent, the assumptions are made that...

Monday, November 4, 2019

Discuss the value of having a strong corporate brand for an Essay

Discuss the value of having a strong corporate brand for an organisation - McDonalds - Essay Example (McDonalds Corporation, 2008; Brand Republic, 2002) For this study, the student will first define the true meaning of brand followed by the basic information related to the establishment of a brand. After discussing how McDonald’s have been managing its corporate brand over the years, the student will examine the importance of branding within the hospitality industry. Prior to the conclusion, the student will enumerate the benefits attached with having a strong brand on the part of McDonald’s and its consumers. Brand is defined as the â€Å"name, term, sign, symbol, design, or a combination of these† (Kotler, 2000: 404) such as the yellow coloured ‘M’ sign of McDonald’s. Basically, the main purpose of a brand name is to enable the consumers to identify the products or services of one company from a similar product that is being offered by other companies. Aside from using a simple brand name, it is also possible for McDonald’s to have a brand extension such as in the case of ‘McDonald’s Happy Meal’ or ‘McDonald’s land or playplace’ used in targeting children (Gidman, 2008; Roberto & Roberto, 2004) offered by the company; (2) the physical and emotional benefits the consumers get out of patronizing the company’s product and services; (3) the values of the company in terms of its capability to render a high quality product to its target consumers; (4) the corporate culture such as being organized in terms of delivering its services to the public; and (5) the kind of consumers that patronizes the products and services offered by the company. (Aaker, 1997; Kapferer, 1992: 38) There are many ways on how to establish a brand. Marketing managers or a company owner(s) has the option to use the founder’s name(s), location, the quality of a product, the lifestyle of a company’s target market, an artificial name, a culture or a heritage. (Urde et al., 2007;

Saturday, November 2, 2019

Question 31 & 32 Essay Example | Topics and Well Written Essays - 500 words

Question 31 & 32 - Essay Example This means that criminal activities take places because criminals have low control over themselves. Individuals have low control over themselves because they have been brought up in a poor manner and their attachment with their parents is even quite weak which elevates the chances of them getting into a criminal act. Hirshi and Gottfredson even state that individuals who have low control over themselves even indulge in actions that may not be considered criminal but are quite harmful, these actions include: alcohol and drug abuse, road accidents and pregnancies that are not wanted. The base of the general theory of crime is the elements of love, affection, involvement and belief. Individuals having low self control are those who are not committed to the norms and cultural values of their societies and they end up committing criminal act as they give preference to satisfaction over the norms and cultural values of their society. 2. The theory of Left Realism came into existence during 1970s and was created in response to the importance given to deviant behaviors conducted by those who are considered as elite of the society (Adler, 2010, p.205). Left Realism states that the people within the lower class experience day to day criminal activities conducted against them and they mainly experience street related crimes (Vito, 2006, p.232). According to Left realists, street crimes are caused because individuals are committers of these crimes are deprived from social and political participation. Another emerging perspective of criminology is peacemaking criminology; this ideology of criminology promotes fairness, nonviolent living and impartiality between the components of the society (Adler, 2010, p.206). According to peacemaking criminology, the current state of fighting crime and actions used to counter criminal activities can only lead to more

Thursday, October 31, 2019

Should We Require Labeling for Genetically Modified Food Essay

Should We Require Labeling for Genetically Modified Food - Essay Example This essay presents and analyzes their arguments, where they have both provided compelling claims that promote their interests, although they committed fallacies that diluted the strength of their theses; furthermore, this essay believes that without widespread public action, mandatory labeling will not be applied in the near future, and organic labeling can instead sufficiently serve as a guidance for people who want to steer away from GEF, while they prepare for stronger advocacy efforts for legalized GEF labeling. Aside from religious and health concerns of some consumers, GEF is not yet proven to be fully safe for people and the environment, and so they must be properly labeled for the benefit of proper consumer information. Bereano (1998) asserted that religious and citizen groups believe that the government, through the Food and Drug Administration (FDA), should enforce mandatory labeling of GEF. They have a right to know because they need this information to make the right buy ing decisions. Furthermore, Bereano (1998) noted that the government is wrong to say that consumers do not have to know the process of food production, when other process labeling ways are practiced, such as having labels, which state that the food is kosher or dolphin-free. In addition, Bereano (1998) believed that because of the precarious nature of GEF, the â€Å"precautionary principle† must be applied (p.278). It is a precaution for people to know what they are eating, so that they can make informed decisions. Moreover, Bereano (1998) maintained that the commercial right to free speech is secondary to the consumers’ right to food information, especially when he emphasized that there are â€Å"material† differences between organic food and GEF. He reminded companies that, when they state that GEF have â€Å"substantial equivalence† to other food, it contradicts their need to patent their GE products because they are original and different (Bereano, 19 98, p.278). Hence, Bereano (1998) underscored that mandatory labeling serves the information needs of the general public, particularly in line with the potential or real harms to specific consumers because of health, cultural, environmental, scientific, and religious interests. Another source ascertained that GEF are not dangerous to human/animal health because the FDA ensures their safety. Levitt (2000) provided an FDA study which examined the safety of the most-criticized GM products and findings showed that they were not dangerous to human beings (Levitt, 2000, p.282). He presented his own scientific studies to back up his claims about GEF. In addition, Levitt (2000) explained the laborious process of GEF approval that are based on FDA and US Department of Agriculture (USDA) policies, specifically their 1992 policy on bioengineered food/crops. He stressed that even GEF food additives are subject to FDA evaluation and approval. He is saying that through these efforts, the governme nt can ensure that all GEF in the market are safe for human consumption. Moreover, Levitt (2000) asserted that the FDA works closely with bio-engineering companies in helping them comply with food production standards (p.285). Consultation is continuous and begins during the early product development process. Hence, Levitt (2000) felt that mandatory

Tuesday, October 29, 2019

Literature Review Assignment Essay Example | Topics and Well Written Essays - 250 words

Literature Review Assignment - Essay Example Moreover, towards the end of the minimum body temperature stage, a person will enter the ‘wake maintenance zone’ (Lack, Gradisar, Van Someren, Wright, and Lushington 309). In addition, the body’s temperature does not just affect the rhythms that people experience when engaged in the dream phase or before waking up. A person’s body temperature can also affect his or her frequency of experiencing insomnia. The onset of insomnia can be attributed to delayed rhythms of body temperature in incidences where an individual attempts to sleep in the midst of a delayed wake maintenance period. This may typically be experienced in the evening. Insomnia can also happen in the morning. Experiences of awakening insomnia in the morning may be connected to the incidence of advanced rhythm in temperature. According to Lack, Gradisar, Van Someren, Wright, and Lushington, the combination of maintenance insomnia and sleep onset is linked with the constant elevation of the temperature of the human body stimulating the continual hyper-arousal state that is characteristic of insomnia (307). Lack, Leon, Michael Gradisar, Eus Van Someren, Helen Wright and Kurt Lushington. â€Å"The relationship between insomnia and body temperatures.† Sleep Medicine Reviews 12.4(2008):307-317. Retrieved from

Sunday, October 27, 2019

The School Community Relationship

The School Community Relationship Education is an important tool in the development of communities and nations at large. The provision and management of quality education lies not only at the heart of central government but remains a shared responsibility of all stakeholders and the building of good working relationship among these stakeholders with particular emphasis on improving the school-community relationship . This stems from the fact point that education is seen as a social enterprise requiring the support of all stakeholders so that its contribution can benefit the entire society. (Addae-Boahene et.al,2001). For the attainment of quality education, there is the need for the community in which the school is situated to work in collaboration and harmony with the school not only in the upbringing and welfare of the pupils but must go beyond that to offer support in the provision and maintenance of the school infrastructure as well as playing a critical supporting role in the effective management and administration of the school. The school, similar to other facilities such as the community market, community borehole, is situated in the community belonging to the entire community members. The community therefore has a role to play in shaping the policies and finances of the school just as the school in turn must function to meet the social needs of the community by turning out a literate population and transmitting culture of the community to the youth. Improving the school-community relationship is key because both bodies are interdependent and failure on the part of either body to play its role can lead to a collapse of the education system with its consequent effect on the society as a whole. Again, though formal education is said to have been introduced in Ghana by the Europeans who provided not only the curricular but the infrastructure inclusive, the schools were not cited initially enough to cover all the communities in Ghana. It is against this background that some communities desirous of having formal education took it upon themselves and established basic schools, willingly recruited teachers and contributed to support them with the resources needed for their work including remuneration. As the process continued these schools were later absorbed into the public school system. (Addae-Boahene, et.al.2001).The management and financing of these schools then shifted from the communities to the central government; this created a situation that witnessed less community involvement in the management of schools, hence the beginning of poor school-community relationship. The Ministry of Education (MOE) and The Ghana Education Service (GES) recognized the importance of reciprocal partnership of school-community leaders and local school authorities in effecting changes in the school. Under the Free Compulsory Universal Basic Education (fCUBE), MOE, and GES, who have committed themselves to building a systematic approach assisting community organizations (SMC and PTA) to play a major part in the regeneration of their schools. It is the belief of the MOE and GES that communities have an important role to play in enforcing standards, developing and maintaining school infrastructure, and creating partnership between teachers, pupils and the district authorities to bring about needed changes. In conclusion the school and the community rely on each other for mutual benefit. The need for both to operate on a cooperative atmosphere cannot therefore be overemphasized. (Addae-Boahene, et.al.2001). RESEARCH PROBLEM It is very necessary that in all communities, both the community and the school operate closely and co-operate with each other as the ownership and management of the school is gradually becoming community-based, a situation in which the head teacher and the circuit supervisor should see the members of the community as partners in the educational development of the child. The significance of this relationship includes: The motivation of the school to function with the interest of the wholesome development of the society. Both the school and the community working in the same direction for the proper development of the children and the community supporting the school financially, among others. However, the central government control and management of education delivery system over a long period has had an adverse effect on the relationship between the school and the community. The kind of relationship in which the school and the community exist as separate entities. Both are seen as performing different functions and hence need not interfere with each other. The school officials run the school while the Community look on. What happens by way of development or information flow in the community is not the concern of the school and vice versa. Members of the community do not care to find out what goes on in the school nor does the school develop interest in what goes on in the community. Each of them feels the other has nothing to offer, and no effort is made for cooperation. (Amofa, 1999). This kind of relationship also called the Closed System, is very prevalent in rural areas, (Annoh, 2003). This has contributed to less community involvement and commitment in the quality m anagement of education in Ghana and the Tolon/Kumbungu District of Northern Region in particular. These poor school-community relationships in the Tolon/Kumbungu District manifest itself in several ways including; On August 1, 2009, the head teacher of Gbrumani Primary School was beaten by some community members citing the head teachers effort at settling a quarrel between two pupils in the school as interference in community affairs. May, 2010, Nyankpala community members turned Nyankpala D/A Junior High School classrooms into community toilet facility. Again, Chirifoyili community encroached on the school land, turning it to a farm land in 2008 with the argument that they will not spare their land to the school and suffer insufficient farmland.(circuit supervisors report).These incidents signal to the level of strained relationships that prevails between the school and the community in the district. These acts are impacting negatively on the delivery of education in the district. quality of education continues to fall in the district as reflected in the BECE results released by WAEC year after year. (GES Tolon, 2006,2008,2009). There is high illiteracy rate in the district, coupled with low enrolment and high drop-out rates in the schools. (Tolon/Kumbungu District profile; 2004). It is against this background that the researcher finds the research problem of this study being, the lack of improved school-community relationship in the Tolon/Kumbungu District of Northern Region, as very necessary and worth undertaken. MAIN RESEARCH QUESTION Arising from the research problem stated as, the lack of improved relationship between the school and community, the main research question for the study is; what strategies can be put in place in order to build an improved relationship between the school and the community? SUB RESEARCH QUESTIONS What is the importance of building an improved relationship between the school and community? What is meant by improved school-community relationship? What are the causes of the lack of improved relationship between the school and community? What roles can both the school and the community play towards promoting an improved school-community relationship? What are the principles underlying school community relations? MAIN RESEARCH OBJECTIVE To recommend strategies that can be put in place to promote an improved school-community relationship. SUB RESEARCH OBJECTIVES To highlight the importance of building an improved relationship between the school and community. To explain the concept of improved school-community relationship. To identify the causes of the lack of improved relationship between the school and community. To identify the roles both the school and the community can play towards promoting an improved school-community relationship. To highlight the principles underlying school community relations. LITERATURE REVIEW Conceptual Framework In this study the concepts that will be reviewed include; school, community, the school community, school management, community stakeholders, relationship, and improved relationship. In the research process, the researcher will review literature from secondary sources as this will help the researcher to; Make use of results of existing studies that are closely related to the study being conducted (Croswell, 1998: 20). Locate methodologies previously used to conduct studies in phenomenon similar to this study and to identify contrary findings (Mcmillan, 1992: 44). The researcher will employ the use of literature review in conducting this study since it will provide an understanding of the phenomenon of improved school-community relationship. It will also help to provide an analytical and theoretical framework for analyzing the findings of the research. In this; textbooks, published papers, newspaper publications, containing subjects related to the research problem will be reviewed. RESEARCH METHODOLOGY Research Design This research design is basically qualitative in nature and to achieve the purpose of the study, the following methods have been employed; participant observation, interviewing, focus group discussion, review of secondary literature, interview guide, and purposive sampling. The tools that will be used to facilitate the data collection are field notes, tape recordings and manual recordings. The data analysis will involve the use of coding, transcribing tape recording, and decoding the data transcribed. According to Strauss and Corbin (1990), qualitative research is a type of research whose findings are neither arrived at by means of statistical procedures nor quantitative means. According to Nachmias and Nachmias (1996:28), qualitative approaches facilitates our understanding of behavior through knowing the persons involved and their rituals, beliefs, values, and emotions. Qualitative approach is necessary in this study because it allows the researcher to typically investigate an aspect, thus, the lack of improved relationship between the school and the community, as it pertains to the Tolon/Kumbungu district. Again, Mcmillan and Schumacher (1993), state that qualitative research presents facts in a narrative form with words and also concerned with understanding social phenomenon from the perspective of the participants. Furthermore, the researcher will be able to gain first hand information from the people involved including head teacher/teachers, School Management Committees(SMCs), Parent Teacher Association(PTA), circuit supervisors, chiefs and assembly members, on their knowledge regarding the lack of improved school-community relationship in the district, why there is lack of improved relationship between the school and the community, the role they can play to improve the relationship, and the strategies to put in place to promote and sustain improved school-community relationship. The use of multi-method strategies in gathering data is very necessary in qualitative research. For the purpose of this study, the methods to employ in gathering data are; interactive methods and non-interactive methods. A combination of these two approaches presents to the researcher an advantage of systematically observing, interviewing, and recording processes as they take place naturally. The appropriateness of these activities to the researcher emerges from the point as explained by Miles and Huberman (1994), that they are carried out in close proximity to the local setting for a sustained period of time. DETAILED DESCRIPTION OF RESEARCH METHODS TO USE FOR THE STUDY Participant Observation In participant observation, researchers join the group they intend to study and observe it from inside (Legewie, 1991). Subjects usually change their behaviors when they know that they are being observed, so researchers may take measures to prevent them realizing that they are being studies, and hence eliminate the effects of reactivity (sarantakos, 2005; 221) Unstructured observation will be used in the study. Unstructured observation is loosely organized and the process of observation is largely left up to the observer. Participant observation will be used in this study. The researcher will visit the community schools in the Tolon/Kumbungu District and participate in both school ceremonies and community ceremonies and note all issues that reveal the lack of improved relationship between the school and the community, including; SMC/PTA meetings. The school annual open day ceremony . The celebration of the annual Damba and Fire festival. This approach will provide an opportunity for open discussion during which certain challenging issues will emerge. Interviewing In the perspective of Maykut and Morehouse (1994;80), an interview refers to a discourse shaped and organized through the asking of questions and the supply of answers, through which the interviewer and the interviewee are able to talk about the study focus; and this brings out thoughts and perceptions. On the other hand, Gillham (2000; 1) describes interview as a conversation that usually goes on between two people, the interviewer asks questions and seeks response from the interviewee. Interviews can be conducted face-to-face, through the telephone, or other means, but according to Gillham (2000: 62), the overwhelming strength of face-to-face interview is its possibility of making the communication rich. Interviews, according to Bogdan and Bilklen (1992:96) are used to gather descriptive data in the subjects own words. Through this, the researcher is able to develop insights on how subjects interpret some piece of the world. The researcher will employ semi-structured interview method for this study. Semi-Structured Interviews This method has been chosen for use for a number of good reasons. According to Borg and Gall (1989; 452), semi-structured interview facilitates a more thorough understanding of the respondents opinion and the reasons behind such opinions than what could be achieved if mailed questionnaire is used. Also, this method is good because it makes it possible for the expression of opinions by the interviewees. Again Robson (1993;231) states that, when using semi-structured method, the interviewer has the advantage of being able to modify the order of questions based upon the context of the conversation, change the wording of the question, give explanations and can avoid particular questions that appear inappropriate with a particular interviewee. Semi-structured interview has been chosen by the researcher because it has the ability to provide in-depth, objective information that account for the lack of improved school-community relationship. Though semi-structured interview will be used, the interview guide will still be used to keep the interviewer and interviewee on focus. Focus Group Discussions Focus group research can best be described as a loosely constructed discussion with a group of people brought together for the purpose of the study, guided by the research and addressed as a group. Due to the use of interviewing techniques, it is also referred to as focus group interviewing (as e.g. Bergaddresses it because and ;( ­ 1995, the group rather then specific members, it is also known as group discussion, (H. Kruger, 1983). Given that more then one group is usually included in the study, and each group constitute a separate sample of respondents, focus group can be seen as a multi-sample study. In most common application, this method entails, first the selection of people with a particular interest, expertise or position in the community, second, the formation of the group by bringing these people together in the same venue; third, the introduction of the discussion topic by the researcher, who acts as a facilitator and arbitrator, fourth, guiding the discussion so as to address the research topic, fifth, encouraging discussion among the members of the group rather than between them and the researcher, and sixth, observing and recording the discussion (sarantakos, 2005): The focus group method appears in two forms, the unstructured or semi-structured form and the structured form, which are employed by qualitative and quantitative researchers respectively (Stewart and shamdasani, 1990). Focus group discussing is employed to bring about changes in the group and its members, as a result of the direction and intensity of the discussion. It can further provide valuable information about group processes, attitude changes and manipulation, the attitudes and opinions of group members, the group or public, the effectiveness of certain methods and so on. It can also enable the testing of group strategies in solving problems (flick, 1998). Finally, the study of focus group can generate diversity and differences either within or between groups, and so revealà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦.. the dilemmatic nature of everyday arguments; (Lunt and Livingstone, 1996:96) This approach will be used to promote brainstorming and debate among the participants on key issues affecting school-community relationship in the district. Again focus group discussions promote the sharing and learning of new ideas among participants. The researcher will be part of the group discussion and moderating the process as well to keep the discussion on track. A total of 30 focus groups made of 15 people each will be engaged in the study (these are the PTA and SMC members of the 30 selected schools). How To Collect The Data For the purpose of data collection, the researcher will use the following tools; Interview Guide, Field Notes, and Recording. Interview Guide This will be very useful in this study. According to Borg and Gall (1989; 451), interview guide is a list containing questions mostly asked in a desired manner in the interview process. It serves as a guideline to the researcher on what to say, as the interview commences and ends. It is regarded as a checklist of topics to be covered by Dooley (1990:288), and it includes reminders of researchers interest arranged in an orderly manner to promote intercourse. In general terms, it is a guide but allowing actual questions to be framed during the interview to fit the natural tone of the intercourse between the interviewer and the interviewee. This helps to ensure that the interviewee remains unbiased in responses given. This also allows the researcher to select topics in advance but determines the sequence and wording of the questions during the interview process. (Mcmillan and Schumacher, 1993:426). The guide equally enables the researcher not to rigidly control the interview content such that the interviewee will not be able to tell the story in his own words. (Bogdan and Biklen,1992;97). For the purpose of this study, the researcher will promote flexibility by allowing the respondents to explain issues in their own words and language. Again, there will be instances in this study that the interviewer will not follow a specific order of the questions, but will rather link one response to another question not necessarily next in order as the need arises. Field Notes This will be used for noting information that may not be captured by the tape recording. This will serve as a buffer to remind the researcher during data analysis. According to Mcmillan and Schumacher (1993; 418), field notes are written at the end of each observation and describes in details the settings and activities of each subject. This will only be used for the participant observation. RECORDIING The most common methods of recording are: writing down information verbatim, in summary or in key words; tape recording conversations; video recording events; taking photographs, (sarantakoss,2006:229). For the purpose of this study tape recording, manual recording and coding will be used Tape Recording Tape recordings will also be used. Tape recordings are easier and certainly more efficient. The tapes can be listened to as many times as required, using more then one observer if desired, and this produces more accurate and more valid records (Sarandakos, 2005:229) The researcher will employ tape recordings during the interview process to record the intercourse that occurs between the interviewer and interviewee. The recordings will be played back later and the words transcribed for the purpose of data analysis. The interviewees permission will be sought by the interviewer before the use of tape recordings. The use of tape recording will help minimize possible errors that may result from forgetfulness on the part of the interviewer during the interview process. It can equally minimize the time spent in the interview. Manual RECORDIING Manual recording will equally be used, whereby two leaders will be used, with each of them taking notes in turn or one recording the data and the other acting as facilitator (sarantakos,2005). This will be transcribed later. Where circumstances do not allow for note taking, the observer will write down key words or phrases as a guide, and complete the notes after observation. CODING Codes serves as symbols, a shorthand recording, where actions and behaviors are replaced by numerals or keywords. This makes recording easier, particularly when there are many items to be recorded and many people to be observed. (sarantakos, 2005:230). SAMPLING Under qualitative designs for example where unstructured or participant observation is employed, the subjects are often chosen by means of purpose or theoretical sampling (sarantakos, 2005:224) The researcher acknowledges that the problem under study may be prevailing in other districts in the Northern Region; however the study will be limited to the Tolon/Kumbungu District of the Northern Region because there is high illiteracy rate in the district, coupled with low enrolment and high drop-out rates in the schools. (Tolon/Kumbungu District profile; 2004). Sampling is used for the study because the district has a large population size of 132,338 inhabitants (2000 population and housing census), therefore a focus on a small distinct group of participants (SMC, PTA, head teachers, circuit supervisors, chiefs, and assembly members), will enable the researcher to get an in-depth understanding of the problem of lack of improved school-community relationship in the Tolon/Kumbungu district. Purposive sampling will be the main sampling technique to use in the study. It is also the expectation of the researcher that the selected participants will be information-rich, because they are knowledgeable in terms of the phenomenon being studied. Purposive Sampling The researcher will select and interview community stakeholders in education such as PTA and SMC members, head teachers, circuit supervisors, chiefs, and assembly members. Responses and contributions of these people can form a good basis for carrying out analysis and stating findings of study in the district. There has been consensus by Gillham (2000); Mcmillan and Schumacher (1993:378); and Patton (1990:169) that purposive sampling involves selecting people with in-depth knowledge of the problem being studied, while keeping the number of interviews to a minimum for adequate representation. The people that will be selected for this study should have good ideas regarding the problem being studied. (Mcmillan and Schumacher, 1993; 378). Sample Size The district has 150 basic schools (Tolon/Kumbungu District Profile, 2004). A total of 70 people will be interviewed. This includes; 30 head teachers drawn from 30 schools out of a total of 150 basic schools in the district, 30 assembly members of the communities where these schools are located and 10 circuit supervisors supervising these schools .Study Area Tolon/Kumbungu district is chosen as the study area. The district covers a land area of 2,741 square kilometers and forms about 3.9% of the total land area of Northern Region. The district is one of the 45 new districts created by the erstwhile Provisional National Defense Council (PNDC) Law 207 in 1988 and has Tolon as the Capital. The district is characterized by high illiteracy rate, coupled with low enrolment rates and high drop-out rate in schools. (Tolon/Kumbungu District Profile, 2004). DATA ANALYSIS Unlike quantitative research, where analysis is conducted after data collection, in qualitative research the timing of analysis varies. In some cases it follows the same path as in quantitative research, but in most cases it is conducted during data collection. A combination of both models is also possible (sarantakos, 2005:344) For the purpose of this research, data analysis will be done both, during and after data collection. While collecting data, the researcher will conduct some basic analysis, record the data, and further intensify data analysis after completing the study and focusing on more specific aspects of the research question as contained in the research. In a number of cases, analysis during data collection serves to guide research in the right direction, and to facilitate a more effective treatment and coverage of the research topic. The actual analysis is conducted after data gathering is completed (sarantakos, 2005:346). Computer-Aided Data analysis (CADA) will be used to analyze data. Computers can be, and are being used in qualitative research in the context of both pure qualitative research, where analysis is done the traditional way, and the so-called enriched qualitative research (contrad and Reinharz, 1984; Fielding and Lee, 1998; Fisher, 1997, Richards, 1986; Richards and Richards, 1987,1994; Weitzman and Miles, 1994). Computer aided data analysis (CADA) is used in many forms and allows the qualitative research to process data in a way parallel to that in quantitative research (Huber, 1991; Madron, Tate and Brookshire 1987; Ragin, 1987), (Sarantakos, 2005:357) A major data analysis instrument that will be employed in this study is concepts and indicators. Indicators are concrete data, such as behavior patterns and social events, which are observed or described in documents or interview texts. They indicate the presence of a concept which the researcher develops, at first provisionally and then with more confidence. (Sarantakos, 2005:347). Analysis will be done by thoroughly examining the field notes of what will be observed by the researcher and the responses of every participant that will be interviewed. In line with Maykut and Morehouse (1994: 135), the following data analysis steps will be adopted for the study; Recording the interview conducted, making a reflection of the process, and carrying out further observations and writing notes, comments, as well as memos. Transcribing what has been recorded in the exact words. This will be done immediately after the interviews of the day. All additional comments will be placed in brackets. Reading through the data that has been transcribed and stating clearly in writing, the meaning of the transcribed data. Coding the data and identifying the code meanings in line with research question. All key items or categories (the main ideas, words,or phrases) will be listed. The researcher will then go through the literature to find out whether responses of interviewees bear common grounds with the research topic as well as other respondents conclusions in similar research works. This is done for the purpose of testing the validity of the study. Data presentation Certainly, tables and graphs are useful tools of presentation in qualitative research, but the structure of presentation does not seem to adhere to any strict rules and procedures. TIME FRAME The researcher plans to spend a period of 5 months in carrying out the study including the compilation and presentation of the report.