Tuesday, May 26, 2020
Investigating The Hornby Plc And Games Workshop Plc Finance Essay - Free Essay Example
Sample details Pages: 12 Words: 3576 Downloads: 8 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? The major reason of this paper is to make an investigation on the Hornby PLC and Games Workshop PLC. Games Workshop Group PLC, a London Stock Exchange cited business which was recorded in 1994, has been in enterprise for 30 years. At the centre is a niche enterprise Games Workshop. This enterprise concepts, manufactures and markets an interest founded upon assembling, modelling, decorating and tabletop gaming with form fighters (the Hobby). The Games Workshop enterprise makes the huge most of the sales and earnings of the Group. Whereas, Hornby is a house title and is well renowned as the UK emblem foremost in the form trains hobby. The companys founder was Frank Hornby (1863 1936) who directed for a patent in 1901 to defend a creation he called Improvements in Toy or Educational Devices for Children and Young People. Nobody then could have envisaged how this merchandise would leverage the form trains interest that we understand today. Donââ¬â¢t waste time! Our writers will create an original "Investigating The Hornby Plc And Games Workshop Plc Finance Essay" essay for you Create order The major inquiry this ratio location is: Does your enterprise have sufficient present assets to rendezvous the fee agenda of its present liabilities with a margin of security for likely deficiency in present assets, for example inventory shrinkage or collectable accounts?A generally agreeable present ratio is 2 to1. But if or not an exact ratio is satisfactory counts on the environment of the enterprise and the characteristics of its present assets and liabilities. The smallest agreeable present ratio is conspicuously 1:1, but that connection is generally playing it too close for comfort. The Quick Ratio is a much more exacting assess than the Current Ratio. By omitting inventories, it concentrates on the actually fluid assets, with worth that is equitably certain. It assists response the question: If all sales incomes should go away, could my enterprise rendezvous its present obligations with the gladly convertible `quick capital on hand? An acid-test of 1:1 is advised satisfactory except the most of your quick assets are in anecdotes receivable and the convention of anecdotes receivable assemblage lags behind the agenda for giving present liabilities. This ratio is the percentage of sales dollars left after subtracting the cost of items traded from snare sales. It assesses the percentage of sales dollars residual (after getting or constructing the items sold) accessible to yield the overhead costs of the company. This ratio is the percentage of sales dollars left after subtracting the Cost of Goods traded and all costs, except earnings taxes. It presents a good opening to contrast your companys return on sales with the presentation of other businesses in your industry. It is calculated before earnings levy because levy rates and levy liabilities alter from business to business for a broad kind of causes, producing assessments after levies much more difficult. The Net earnings Margin Ratio is calculated as follows: This ratio discloses how well inventory is being managed. It is significant because the more times inventory can be turned in a granted functioning cycle, the larger the profit. The Inventory Turnover Ratio is calculated as follows: This ratio shows how well anecdotes receivable is being collected. If receivables are not assembled sensibly in agreement with their periods, administration should rethink its assemblage policy. If receivables are excessively slow in being altered to money, liquidity could be harshly impaired. Getting the Accounts Receivable Turnover Ratio is a two step method and is calculated as follows: This assesses how effectively earnings are being developed from the assets engaged in the enterprise when in evaluation with the ratios of companies in a alike business. A reduced ratio in evaluation with commerce averages shows an inefficient use of enterprise assets. The Return on Assets Ratio is calculated as follows: The ROI is possibly the most significant ratio of all. It is the percentage of come back on capital bought into in the enterprise by its owners. In short, this ratio notifies the proprietor if or not all the effort put into the enterprise has been worthwhile. If the ROI is less than the rate of come back on an alternate, risk-free buying into for example a bank savings account, the proprietor may be wiser to deal the business, put the cash in such a savings equipment, and bypass the every day labours of little enterprise management. The ROI is calculated as follows: These Liquidity, Leverage, Profitability, and Management Ratios permit the enterprise proprietor to recognise tendencies in a enterprise and to contrast its advancement with the presentation of other ones through facts and numbers released by diverse sources. The proprietor may therefore work out the businesss relation power and weaknesses. Before analyzing the economic declarations of Games Workshop PLC, it is crucial to realise the kind of undertakings this business performs. According to Reuters, Games Workshop PLC is a diversified expertise business with a international occurrence in diverse enterprises, encompassing developed and transport, healthcare, brandish and graphics, buyer and agency, security, security and defence services, and electro and communications. The developed and transport enterprise encompasses goods for example nourishment and beverage, individual care, and automobiles. More exact developed goods encompass polyester, foil, and tape. Specific transport goods are insulation constituents like catalytic converters. The wellbeing care segment makes provision for health, surgical, and dental use. The brandish and agency enterprise uses employees to make stationary goods, provide goods, and home-improvement products. Office goods like Post-it Memo Pads are furthermore made in this section. Games Works hop PLC furthermore controls a security segment and an electro and communications part, where the last cited conceives goods encompassing telecommunication fiber-optic products. Ãâà The major concept to take from the distinct enterprise of Games Workshop PLC is the hedging strategy. Instead of focusing on only one commerce, Games Workshop PLC can have a part of its enterprise prosper, while another sections development slows. It is factual that Games Workshop PLC may not know-how any unbelievable share cost admiration because of its scheme, but Games Workshop PLC will not know-how any spectacular share cost fallout either. As clues, since 1999, Games Workshop PLC has only had one distinct contradictory share cost calendar year (2005), and that year only yielded a decrease of 6%. Each year throughout this timeline before and after 2005, Games Workshop PLC has been flat or shown share cost appreciation. In 2006 the share cost increased about 5%, and so far in 2007 the share cost is up over 30%. Throughout this time span, the US finances has been through exuberant development to become frightened recession. However, because of Games Workshop PLCs scheme a nd investors believe in such a well-respected emblem, Games Workshop PLC has organised to bypass so awful financial periods. Ãâà While, Games Workshop PLCs enterprise form is large, there are numerous other companies in this commerce that have alike strategies. What differentiate Games Workshop PLC although are its fundamentals. Over the last fiscal year, as asserted by Reuters, Games Workshop PLC glimpsed income at $22.9 billion dollars. This is an spectacular number. What is more spectacular is relation sales growth. Games Workshop PLCs latest sales number was 7.86% higher than it was the preceding fiscal year. Not only is this boost higher than its five year mean, but it is furthermore higher than the five year mean of the conglomerate industry. Considering the dimensions of sales capacity, this is a large signal of growth. What is even more spectacular is profits growth. Games Workshop PLC has been effective with its charges and glimpsed an boost in earnings of over 32.76% last fiscal year. This number is higher than the companys five year mean at 23.13% and furthermore higher than the industrys mean at 13.87%. Comparing this number to commerce competitors, United Technologies only glimpsed a 13.72% boost throughout the identical time span, Emerson Electric glimpsed a 20.26% boost, and GE only had earnings augment by 12.16%. Clearly Games Workshop PLC is increasing and utilising good interior controls to decrease cost. Ãâà Another way of showing Games Workshop PLCs powerful development is through its margins. Gross margins for Games Workshop PLC at 47.94% are rather high in evaluation to the industrys mean at 39.01%. Games Workshop PLCs whole margins are furthermore higher than United Technologies 26.78% number, Emersons 35.70% number, and GEs 42.83% margin. In supplement, Games Workshop PLCs functioning margins at 28.04% are furthermore overhead the commerce mean at 15.24%, not to mention overhead remainder of the industrys respective figures. The more significant margin, snare earnings margin, is furthermore in favour of Games Workshop PLC. The past fiscal year showed this number at 18.61%. The number is rather high in evaluation to the companys five year mean at 14.70%. In supplement, Games Workshop PLCs number beats the commerce mean of 11.81%, United Technologies number at 8.10%, Emersons margin at 9.29%, and GEs number at 12.88%. Games Workshop PLC is employed very effectively in evalua tion to its commerce peers. It can use the additional cents it makes for every dollar to assist the business and investors. Capital expending over the past five years for Games Workshop PLC is increasing at 3.57%. This number is higher than the commerce mean of 0.98% and higher than most of the aforementioned companies. Higher capital expending now entails even more effectiveness in the future for Games Workshop PLC. Lower charges signify broader margins and a larger proficiency for Games Workshop PLC to purchase back portions from investors or boost its dividend. Ãâà While Games Workshop PLCs development examines very good, some investors may inquiry the companys valuation. According to Reuters, the conglomerate commerce has an profits multiple of 19.92. Fortunately, for investors liking to purchase portions of this business, the ahead P/E ratio for Games Workshop PLC is 18.99. This number is very alike to GE, Emerson, and United Technologies. In supplement, Games Workshop PLCs ahead cost to sales ration of 2.82 is furthermore alike to the cited companies. This sign shows that not only is Games Workshop PLC increasing rather powerfully, but Games Workshop PLC is furthermore undervalued in evaluation to its development over this industry. High development and reduced valuation normally conceive a powerful recipe for success. Games Workshop PLCs PEG ratio of 1.67 is beside or underneath most of the commerce competitors which afresh shows reduced valuation granted growth. Ãâà In periods of other Games Workshop PLC power, this business is solvent with a 1.28 present ratio. The business is belongs to by more than 67% institutional investors. This shows that the smartest investors like this business and desire to take the risk to own it. The companys ROE of 39.97% is excellent. This number is overhead its five year mean of 33.31% and furthermore overhead the commerce mean of 20.97%. This number obliterates GE, United Technologies, and Emersons figures. And if higher margins extend to be present for Games Workshop PLC, future buybacks will lead to even expanded returns. Games Workshop PLCs ROA of 19.82% and ROI of 27.80% are furthermore rather strong. Games Workshop PLC is furthermore very effective when it arrives to turnover. Receiver revenue at 6.99 beats the commerce mean of 4.27 which entails buyers yield their discounts or borrowing on mean every 50 days. Asset revenue at 1.07 is furthermore more powerful than the commerce mean of 0.53, which entails Games Workshop PLCs asset proceeds generally signify bigger sales. Overall, there are abounding of benefits to owning Games Workshop PLC and its fundamentals. Ãâà Ãâà Financial Analysis of Hornby PLC In the economic year to 31st March 2009, Hornby PLCs income increased by 5% to 7.8 billion and sales omitting the worth of prized metals expanded by 3% to 1.8 billion. Underlying earnings before levy (before amortisation of came by intangibles and restructuring charges) was up 1% at 267.9 million. Underlying profits per share expanded by 0.1 pence to 89.6 pence. Market situation altered considerably throughout the year (Beneish, 2009). In the first six months income expanded by 24% and inherent earnings before levy increased by 20%. Environmental Technologies Division and Precious Metal Products Division both accomplished twice digit development in sales and functioning profit. Although the recession had currently begun in North America, international vehicle output for the first six months was unchanged from the identical time span in 2007/08 (Altman, 2006). Emission Control Technologies, which provision catalysts to the automotive market, presented well with development in new good s and a good assistance from Argillon, which was came by in February 2008. Prices for platinum assembly metals were furthermore very powerful in the early part of the year, with platinum averaging $1,795/oz for the six months to 30th September 2008. According to presentation ratios partition accomplished good development in the first half with both ECT and Process Technologies accomplishing well. Demand for auto catalysts dropped harshly in the second half of the year while demand for our other catalyst goods and services stayed powerful (Chow, 2008). For the year as a entire, income dropped by 3% to 2,226 million; sales omitting prized metals were 4.4 million down at 1,135 million; and inherent functioning earnings (before amortisation of came by intangibles) dropped by 16% to 124.3 million. Translated at unchanging exchange rates, sales omitting prized metals dropped by 7% and inherent functioning earnings were 22% lower. Ãâà Gearing Ratio Gearing ratios show that Gross borrowings (net of associated swaps) of 649.6 million at 31st March 2009 encompassed 609.1 million of liability organised under long period bond matters and long period funding from the European Investment Bank, of which only 19.0 million declines due to be repaid in the 15 months to 30th June 2010 (the going anxiety period) (Beneish, 2009). 265.0 million of the pledged bank amenities have expiry designated days after 30th June 2010. Ãâà Cash flow The companys money flow displays a affirmative trend. This displays that after buying into in financing, scrounging and operational undertakings the business still has a gigantic amount Ãâà b) commerce Identification amp; Analysis The both businesses as Games Workshop PLC and Hornby Ãâà PLC pertain to the gaming commerce of UK. expanding figures of the UKs best videogame designers are being lured overseas in a exorbitant mind drain which the UK commerce states the government has finished far too little to stop. Ãâà The computer sport commerce Ãâà contributes more than 1bn to the UKs whole household merchandise, more than the movie commerce, which obtains support in the pattern of levy breaks. Ãâà For about 30 years Britain has had the third most thriving videogames commerce in the world, behind the United States and Japan, conceiving a string of worldwide strikes encompassing Tomb Raider and the more contentious Grand Theft Auto. But one latest investigation displays that the UK is falling down the worldwide rankings in the face of rigid affray from Canada and France, where there is considerable government assistance. Ãâà It is appreciated that the communications minister, Lord (Stephen) Carter, is contemplating choices for aid, not smallest because he missed the part out in his interim report, Digital Britain, previous this year. Ãâà Unlike the melodies, movie and TV commerce, which are all clamouring for legislation contrary to online piracy, the sport commerce likes support in order that it can invest. Ãâà Were not inquiring for a handout, were not inquiring for a grant to fend off Ãâà collapse, were inquiring for an buying into to permit the sport commerce to be even more successful, said Richard Wilson, the head boss of Tiga, a assembly that comprises unaligned sport developers. Ãâà Theres no benchmark which the government can cling to and state there shouldnt be a levy shatter for a exact industry, he says. rather exclusion from the gigantic bailouts for banks, there has furthermore been lesser concepts that have been creative for other commerce. Ãâà The Canadian government, enthusiastic to boost a juvenile, fast-growing part, boasts not just levy breaks but furthermore the speedy tenacity of immigration Ãâà procedures for sport employees and in some situations even subsidises wages to appeal peak talent. Ãâà There are about 30,000 British expats in British Columbia, and numerous of them work in the sport commerce tempted by the way of life and the sweeteners. Ãâà At the agencies of Electronic Arts, the worlds large-scale unaligned developer, the employees are worldwide and some groups are very powerfully reliant on workers conveyed from the UK. The employed situation and rank are hard to disregard, state those who have made the switch. Ãâà Vancouver was more appealing, as there are allotments more possibilities here, said Matthew Boulton, 31, a programs developer who shifted to EA in 2004. Its not that I have any thing specific opposing to Guildford its just a bit needing in the seas and high grounds department. Ãâà He now works for an online gaming business in the city. Ãâà sport are numerous more high profile here; its recognised as an significant industry, he said. perhaps thats factual in the UK as well, but you not ever get that sense. You not ever discover political leaders mention it but here, its one of the things that persons understand is powerful and that you require to support. Ãâà Campaigners state gaming is one of Britains large-scale creative commerce, using about 30,000 persons nationally, with sales of videogames in the UK worth nearly 2bn in 2008. Ãâà Carter is appreciated to be assessing if support can be best granted through direct government intervention or levy alterations, and his last report next month is anticipated to give gaming a far more key place. Ãâà However, the Treasury will require many of assuring that there is a case for government support for an commerce that has glimpsed fast growth. Ãâà Ed Vaizey, the shaded minister for heritage, has contended that the governments malfunction to support the commerce is initating genuine damage. Despite its dimensions, there is no UK videogames assembly, lottery funding or levy breaks, he said last month. The only time it gets cited in assembly is when Keith Vaz [chairman of the dwelling activities committee] is accusing it for initating some latest outrage. We were the second biggest in the world, but we are slipping. Ãâà Last year older bosses at French publisher Ubisoft said they would not address unfastening new development studios in Britain because there were better inducements in other countries. Sony, which has some studios round Britain that make some of is most thriving sport, last year shut output on some high-profile names to slash costs. Ãâà Meanwhile IGA Worldwide, a hotly tilted British startup that locations advocating in online sport, is labouring to find buying into to hold its enterprise going and may have to deal itself to stay afloat. Ãâà Some advancement is being made: next month Tiga connects forces with the National Endowment for Science, Technology and the Arts (Nesta), to assist sport businesses charter better staff. And whereas last months allowance verified a moist squib for those who had wanted that the chancellor, Alistair Darling, might find cash for the commerce, Wilson said that force from the Ãâà Conservatives and the Liberal Democrats was beginning to make the government listen. Ãâà I dont accept as true weve ever thrust it as logically or competently as we have finished over the last 12 months. Were now having meetings with Department for Culture, Media and Sport and Treasury agents where theyre not booting the concept out of court, he notified the Guardian. whereas I find the rate of advancement exceedingly antagonising, we still have a good likelihood to get something. Ãâà C) recommendations to Stephen on buying into Decisions Based on the investigation I would recommendations Stephen to pursue the next things. a) By task dimensions Small tasks may be accepted by departmental managers. More very careful investigation and Board of Directors acceptance is required for large tasks of, state, half a million dollars or more. b) By kind of benefit to the firm Ãâà · an boost in money flow Ãâà · a decline in risk Ãâà · an digressive advantage (showers for employees, etc). c) By stage of dependence Ãâà · mutually exclusive tasks (can execute task A or B, but not both) Ãâà · complementary projects: taking task A rises the money flow of task B. Ãâà · alternate projects: taking task A declines the money flow of task B. d) By stage of statistical dependence Ãâà · Positive dependence Ãâà · Negative dependence Ãâà · Statistical independence. e) By kind of cash flow Ãâà · Conventional money flow: only one change in the money flow signal e.g. -/++++ or +/-, etc Ãâà · Non-conventional money flows: more than one change in the money flow signal, e.g. +/-/+++ or -/+/-/++++, etc. Ãâà The investigation stipulates a conclusion direct for: I) acknowledging or II) declining investment projects The time worth of money Recall that the interaction of lenders with borrowers groups an equilibrium rate of interest. Borrowing is only worthwhile if the come back on the lend passes the cost of the scrounged funds. Lending is only worthwhile if the come back is not less than identical to that which can be got from alternate possibilities in the identical risk class. The concern rate obtained by the lender is made up of: i) The time worth of cash: the acknowledgement of cash is favoured earlier other than later. Money can be utilised to profit from more money. The previous the cash is obtained, the larger the promise for expanding wealth. Thus, to forego the use of cash, you should get some compensation. ii) The risk of the capital addition not being repaid. This doubt needs a premium as a hedge contrary to the risk, therefore the come back should be commensurate with the risk being undertaken. iii) Inflation: cash may misplace its buying power over time. The lender should be reimbursed for the falling spending/purchasing power of money. If the lender obtains no reimbursement, he/she will be poorer off when the lend is repaid than at the time of lending the money. Thus we can state that founded on the overhead buying into matters, Stephen should proceed for producing buying into for Games Workshop PLC.
Sunday, May 17, 2020
Criminal Laws Should Be Organized - 1513 Words
Throughout the 1980s, crime and corrections became very important to the public and elected officials since crime was increasing and with constant media coverage, violent crime created fear and anger and the target grew into holding offenders accountable for their conduct and the current Retributive Era came into existence. This model emphasized public safety above all else. Correctional punishments were tough with very little inmate resources. This was the return to the Classical School of criminality which believed that crime is deterred and prevented by lengthening and toughening punishments. Jeremy Bentham of 1748ââ¬â1832 theorized that to prevent crime, criminal laws should be organized so that the punishment for any act would outweigh the pleasure that would be derived from the act. Potential offenders would therefore consider the consequences of their actions and be deterred from the commission of crimes (Seiter, 2014). As a part of his vision of rational social control, Bentham devised an architectural design called the Panopticon. The concept of the design is to allow all inmates of an institution to be observed by a single watchman without the inmates being able to tell whether or not they are being watched. As the watchmen cannot be seen, they need not be on duty at all times, effectively leaving the watching to the watched. The same principles can be found in modern day forms of surveillance, such as closed-circuit television (CCTV) cameras, to deter people fromShow MoreRelatedCombating Organized Crime1018 Words à |à 5 Pagesand discussion in regards to wh ich method of approach would be best suited to target organized crime. Should law enforcement supplement traditional police enforcement with additional officers and prisons, or are new enforcement approaches required to combat organized crime? 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Friday, May 15, 2020
Terrorism And The Homeland Security - 1511 Words
In homeland security they have many strategies to help protect the United States. Whether it is preventing a terrorist attack, or preventing a natural disaster. Homeland security has a strategy to make sure that everything works out. Now to give a brief background, President George Bush came up with the national homeland security strategy in July, 2002 after the attack of September, 11th. ââ¬Å"The strategy set forth overall objectives to prevent terrorist attacks within the United States, reduce Americaââ¬â¢s vulnerability to terrorism, and minimize the damage and assist in the recovery from attacks that occur (Rabkin).â⬠Now in November of that same year, the Homeland Security Act, was passed into a law furthermost creating the departmentâ⬠¦show more contentâ⬠¦This meaning that homeland security will start stepping in to first detect the problem. They are going to get people on the inside with the terrorist no matter what they have to do, to detect what the t erroristââ¬â¢s plan of attack is. They will then start to deter the terrorists. They will start watching them trying to put holes in their plan. Then that is when they step in and disrupt the whole attack and try to take the groups down. Now this doesnââ¬â¢t always happen as planned, so the DHS (Department of Homeland Security) will protect the people potential targets of the attacks. This meaning that even if they donââ¬â¢t find out the plan, and hear a rumor of the threat of an attack, they will step up the protection of the target against all capable terrorists. Now when they are not protecting a target, or stopping an attack, they are trying to prevent and deter the violent domestic extremism and radicalism that contributes to all of these terrorist attacks. This meaning that when they are not involved with stopping an attack or protecting a target, the DHS is out trying to prevent people from joining with these radical groups that are committing these attacks. The y are trying to lure people away from getting involved with these extremist groups that are committing these attacks. Now the way they are going about doing this, is to get a group of participation out of the community. If the DHS gets
Wednesday, May 6, 2020
The Current Information Security Landscape Of Small...
Small businesses form a critical part of the economy and play a key role in the creation of jobs and improving the livelihoods of many individuals in the society. However, in the advancement of technology and the use of information systems by these businesses, there has grown a threat to the continued successful operations of these businesses due to the threat of cyber attacks. This paper will focus on researching on the current information security landscape of small businesses, specifically in cloud computing and social networking. The paper will also make a discussion of the potential consequences of not implementing security practices, show the common threats that are associated with small businesses and finally describe the strategies that will provide assurance in information security for small businesses. Current information security landscape of small businesses Small businesses are currently faced by contradicting opportunities and challenges. 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Data beingRead MoreDilemmas Fa cing the People of Norway Today Essay examples1728 Words à |à 7 Pagesprotection, tourism and culture, collectively known as ââ¬Ëflanking and horizontalââ¬â¢ policies (Baur).â⬠While they do have many benefits, the EEA does not share common fishing and agricultural policies, customs union, common trade policy, common foreign and security policy, justice and home affairs, or monetary union (Baur). This makes it so there are many benefits to both the EU and the EFTA, but the benefits are not as good as the ones they enjoy within their own groups. The culture of Norway is an amazing
Good Will Hunting Essay - 1561 Words
RUNNING HEAD: Good Will Hunting GOOD WILL HUNTING Myriam Smith St. Thomas University May 3, 2012 Good Will Hunting Good Will Hunting is a poetic story of a young man who works as a janitor at MIT while living in one of the rough neighborhood in South Boston. Despite his gift in Mathematics, he is still having a hard time finding his place in the world. Matt Damon plays a young genius with a troubled childhood and a troubled mind that was severely abused as a child and has been in trouble with the law on numerous occasions. The movie is a passage through the mind of Will Hunting as he is required to undergo therapy instead of going to jail. Stellan Skarsgard who plays Professor Lambeauâ⬠¦show more contentâ⬠¦Will has such difficulty trusting people to enter his life in an intimate manner that the only people he can relates to besides his friends are the people he read books about. Will and the psychologist had a very interesting conversation which shows the starting point of him feeling at ease with the doctor by making jokes: Sean: Do you have a soul mate? Will: Define that. Sean: Someo ne you can relate to, someone who opens things up for you. Will: Sure, I got plenty. Sean: Well, name them. Will: Shakespeare, Nietzsche, Frost, OConner... Sean: Well thats great. Theyre all dead. Will: Not to me, theyre not. Sean: You cant have a lot of dialogue with them. Will: not without a heater and some serious smelling salts (Good Will hunt, 1997). Will felt overwhelmed when the professor tried to help him find a job. He feels that because of his talent, they will use that to their advantages and will treat him like he is just a subject and not a human being. He knows that he can easily do the professorââ¬â¢s job, but he rather work constructions instead of explaining math to people like professor Lambeau. Will lacks empathy in so many ways. Because of his ego and fear, he does not feel that he needs help from anybody. The only person he listens to is his best friend Chuckie. Sean sees his lack of communication and tries to breakthrough by using different techniquesShow Mo reRelatedThe Movie, Good Will Hunting Essay1338 Words à |à 6 PagesThe movie, Good Will Hunting (1997), is about a young twenty-year-old man named Will Hunting. Will Hunting lives in a rather impoverished area in South Boston and is a young janitor who typically drinks with his friends in his free time, however, Will is actually an indiscreet self-taught genius. During the first week of classes at MIT, Will solves a difficult graduate-level math problem that one of the math professors left an extremely difficult problem on the board to challenge his students, inRead More Good Will Hunting Essay985 Words à |à 4 Pages A studious young man, an open book these two images swirl around the screen in a kaleidoscope effect, this was the introductory scene of quot;Good Will Hunting.quot; This scene is followed by Ben Afflick, knocking on Wills door, when Will comes out a credit rolls by that says, quot;screenplay written by Ben Afflick and Matt Damon,quot; just as the two walk side by side. This shows how perfectly the makers of this movie have everything timed, down to the credits. Also, the timing shows whenRead MoreEssay on Good Will Hunting2845 Words à |à 12 PagesThis paper will discuss the relationship between Will Hunting and the psychologist Sean Mcguire in the movie Good Will Hunting. The struggles that occur between these main characters will be analyzed and their meanings found. A basic outline of the movie will be included to give the larger picture and its influence upon the two men. An Analysis of the Movie Good Will Hunting and the Main Characters Will Hunting and Sean Mcguire Outline: 1. Description of the Movie a. Setting of the movie Read MoreMovie Analysis : Good Will Hunting 1553 Words à |à 7 PagesTrevor Burkhead Professor Nyfeler EN 211 22 February 2017 Analytical Essay on the Movie ââ¬Å"Good Will Huntingâ⬠I have watched a considerable number of movies this semester so it was hard to choose which one to analyze. It came down to ââ¬Å"Remember the Titansâ⬠or ââ¬Å"Good Will Huntingâ⬠. However, the movie that I will be analyzing is ââ¬Å"Good Will Huntingâ⬠. The reason I chose this movie is that it can be analyzed in many different ways. I will be analyzing different scenes of the movie and analyze them fromRead MoreGood Will Hunting Reflection Essay1064 Words à |à 5 Pagesfilm Good Will Hunting, the characters experience many emotions that impact their interpersonal relationships and communicative interactions. Taking into consideration that each character grew up with a different lifestyle, their interpersonal relationships and communicative interactions are affected in their continuing years. The film allows us to see different personalities in each character and how their emotions affect how they communicate. Characters in the movie Good WillRead MoreMovie Review : Good Will Hunting 914 Words à |à 4 PagesThe film I chose to write about is one that I only saw a few months ago, which is ââ¬Å"Good Will Huntingâ⬠. I have heard lots of people and critics praise this movie over the years, and after watching it I see why. Itââ¬â¢s a very gripping story about a college aged janitor who grew up in broken foster homes, but has a genius level intellect and is wicked smaht. The protagonist of the movie is Will Hunting, he is a classic underachiever. The juxtaposition of his intellectual prowess and life circumstancesRead MoreGood Will Hunting And Sean Mcguire Essay1703 Words à |à 7 PagesSelf-Disclosure: Finding the Good in Will Huntingââ¬â¢s Self-Concept The focus of this study will revolve around the relationship between Will Hunting and Sean McGuire, characters in the critically acclaimed film Good Will Hunting (See Appendix for a summary). In researching the film and different perspectives of interpersonal communication there could be many arguments made to social classification, how one associates and assumes roles within their particular group such as language, perception,Read MorePersonal Statement : Good Will Hunting850 Words à |à 4 Pagesanother. This paper will discuss two of many interpersonal communication concepts. The two concepts are other-oriented and impersonal communication. Also these concepts will be explained and examples will be given from the movie Good Will Hunting. To start off with, Good Will Hunting is a story about an intelligent young man who struggles with finding his identity. Will the main character is an orphan who was abused as a child, and now as a young adult canââ¬â¢t seem to stay out of trouble. He is able to solveRead MoreMovie Analysis : Good Will Hunting1952 Words à |à 8 Pagesgreat film, Good Will Hunting offers a great basis for which linguistic studies regarding dialect can be done. The film offers a great contrast in characters from ââ¬Å"Southieâ⬠to prestigious high-class individuals. While there is a noticeable difference in the dialect used, the focus is primarily on stereotypes between the lower and upper-class individuals. Language and dialects help to reinforce the stereotypes regarding socio-economic classes. The division of dialect in Good Will Hunting reflects theRead MoreEssay on Analysis of the Film Good Will Hunting766 Words à |à 4 PagesGood Will Hunting The movie Good Will Hunting shows a dramatic relationship between a teacher and student and also relationships between fellow teachers. The film helps you grow with the characters in order to anticipate and acknowledge the ways in which they interact with one another. It also incorporated the way that egos develop and arise due to relationships and how they can interact with the daily lives of people.
Program Development and Evaluation
Question: Discuss about the Program Development and Evaluation. Answer: Problem identified in Greater Dandenong Obesity is the accumulation of excess fat in the body (Marini Stebnick, 2012). An overweight person is obese. Obesity is usually determined through Body Mass Index. Ones height should match their weight. In Greater Dandenong, statistics shows that obesity is a major concern. Cases of the disease have been increasing gradually over the recent years. It is a problem not only health wise but also to Dandenong's population. Statistics show that 23% of children in Australia are obese, one in every four people are obese (Marini Stebnick, 2012). The above chart indicates that about 28% of residents in Dandenong suffer from obesity. 28% represents about 30000. Realistically, having almost 30% of the population suffering from one disease is a significant problem. The above statistics were taken in 2011 (Davies Fitzgerald, 2008). By 2016, the figure has risen to 43%. Obesity causes some health implications. They include; Gall bladder disease, hypertension, Diabetes mellitus, stroke, gout, breast and uterine cancer. Obesity is a lifestyle disease. I believe that it can be mitigated by consuming foods that have less fat concentration. It is sad that most people affected by the illness are the youth. Many people find consuming ready foods such as sausages, burgers more delicious and easier to fix compared to vegetables and fruits. People should choose what they consume carefully. The above chart shows the number of adults who suffer from obesity. It is clear that females in their younger age (18-24) have the disorder in a larger number compared to men. It is because girls in this age have a high appetite compared to any other levels in their life. Brief description of the type of information/ evidence that were accessed. Explain the sources this information was found If unable to collect all necessary information explain why The target population that is affected by obesity. Gathering information was done from relevant books and journals. The references are done at the end of this paper The obesity power point document has relevant information on target population. I have successfully gathered all necessary information about people suffering from obesity. Causes of obesity Power point document Relevant books and journals. I did not clearly elaborate on all causes of obesity due to limitation of words. Solutions to obesity Power point presentation Relevant internet articles and books I did not clearly elaborate on all causes of obesity due to limitation of words. Obesity is a common disorder (Bouchard, 2000). There are many sources of information about obesity. I have acquired information from different websites, books and power point presentation provided. The most crucial information collected was on the preventive measures of obesity. I believe it is the most important because it offers solutions to those suffering from this disorder and it also prevents many people from having this disease. It shows that it is a curable disease and if we improved our lifestyles, we would save the world (Bouchard, 2000). All information in this article is quite useful it indicates that obesity is a matter we should look into seriously and how to take care of our loved ones suffering from the syndrome. I believe it plays a significant role in giving procedures on how to deal with such an instance. It is also an important article because it reveals and gives numbers on how many people are suffering from this disease. It shows that it is a matter that needs u rgent attention. I believe that I have exhausted all information necessary for this research project. On the other hand, I also feel that I have not given all information on the possible solution to this problem. There are many solutions to obesity, preventive measures and causes of the diseases that are not tackled in this paper. The reason behind this is due to limited time to research and limited words. What causes obesity? Improper diet is the primary cause of obesity. Most of the foods we consume are one of the leading causes of obesity. Sometimes, people choose to eat outside rather than making food in the house. Snaking makes people eat food in large quantities than required. It also makes one consume foods with a lot of caloric content (Campos, 2004). It is important to watch what we eat. If possible, we should snack rarely and make meals at home. Some prescriptions are one of the leading causes of obesity. Medicines can make one add weight gradually; for instance, anti-depressants, ARV drugs, and multi-vitamin drugs (Campos, 2004). Such medications make the body retain a lot of water hence leading to the disorder in question. Medical issues such as stress may contribute to obesity. Research shows that most people are likely to consume contents high on fats when they are stressed up. They are also likely to add weight uncontrollably even if they skip meals. Social factors; Obesity is a disease that is common in all clusters of life. Poverty may be one of the leading causes of obesity. Taking an instance of French fries, they are cheap and readily available. For this reason, poverty may lead to opting for more inexpensive meals that are locally available; such foods have a high caloric content and are unhealthy (Campos, 2004). A classy lifestyle of consuming readily available foods such as sausages and burgers for breakfast, soft drinks and a pie for lunch and sandwiches and a beer for supper would lead to obesity as fast as possible. No matter the social class we belong to, we should try consuming healthy foods. One can minimize the risk of this disorder by engaging in physical activities. In other cases, obesity is genetic. Some people acquire it because someone in the family has the obesity gene. Scientifically, everyones one body stores fat differently (Campos, 2004). Some bodies emulsify fats quickly than others, those that do not emulsify significant result to obesity in the life of the individual. Obesity has been rising gradually over the tears mainly due to lifestyle (Campos, 2004). It is clear that today lifestyle diseases are more compared to natural occurring ones. In every four people has a way of life condition. Use of chemicals is growing most foods. Those chemicals later utter the proper functioning of our bodies that then result to a disorder. Most people are also busy building careers, making as much money as they can, lazing around and traveling around that they even lack time to fix a good meal for themselves. It is sad that many people opt to snack rather than have a balanced diet meal (Pearce Witten , 2010). For this reason, obesity is a great generation to this generation. Impact of obesity The impact of obesity on society is immeasurable (Pearce Witten , 2010). It affects almost all aspects of life. It has a high impact on health, education, social and economic consequences. Health wise; in adults, it is one of the leading causes of other diseases that are deadly and very painful. These conditions include; Stroke, diabetes, hypertension, uterine and gallbladder cancer, gout and much more (Pearce Witten , 2010). I believe all these are controllable if we watch what we eat. Obesity is considered to reduce life expectancy by eight to ten years. It reduces life expectancy because it reduces body metabolic rates. The body organs fail to function normally leading the body to retain additional water and waste (Pearce Witten , 2010). In children; it leads to the prematurity and high mortality rate. In most cases, it leads to psychological and mental disorders as it makes these kids get discriminated and pushed away by their peers. Most people who suffer from obesity are known to perform poorly in school. It is evident that these children perform poorly because they experience bullying, teasing and discrimination (Pearce Witten , 2010). Severe obesity condition may result to patients needing a specialized health care and services. These services are daycare services, home care services, and financial support (Pearce Witten , 2010). Obesity mainly affects a particular target group. It is more common in Females and young people(Heinberg Thompson, 2007). It mainly affects children and young people because they tend to consume more snacks and high-calorie foods. Children prefer consuming meals compared to home cooked foods. For this reason, they are a great risk to suffer from obesity. Those who are aged between 70-75, women in most cases suffer from the disorder. At this age, people are less active because of their old age (Heinberg Thompson, 2007). They consume a lot of food but engage in a less physical activity. Obesity is common to those people who eat and fail to perform physical activity. We should exercise regularly to ensure that metabolic processes take place in the right way. Ways to reduce obesity. The Australian Government has come up with local and state programs that create awareness on people's BMI (Heinberg Thompson, 2007). Most of these programs are free hence all citizens get a chance to know how to improve their BMI. People should also watch what they eat. It is paramount to eat food that has fewer calories contents. Balance diet is the solution to not suffering from obesity. People who have a balanced diet are unlikely to suffer from lifestyle diseases. When we watch we eat, we will leave a healthy life. Another way of reducing diabetes cases is by making sure we exercise regularly. Practice makes sure that metabolic activities run in the body regularly and in the right way. Free walks are usually organized in different countries to ensure that people exercise. It is important to reduce stress and improve sleeping habits. Our body should have enough time to rest to make sure that all body processes have time to take place without interference. Instead of taking stress relievers, it is important to look for natural methods to reduce stress (Blass, 2008). It is sad that people are aware of these procedures of fighting obesity, but they are unwilling to follow them. Obesity cases have been rising over years because of ignorance. I believe that prevention is better than cure (Blass, 2008). Solutions to address this problem; I believe that all problems have solutions. In obesity, there are many solutions. First of all, it is paramount to provide necessary information about the disease (Fung, 2016). It mainly focuses on info about consuming a balanced diet. Some people are not aware on how to balance their foods. Providing necessary information on food science and nutrition is, therefore, paramount. Ignorance is bliss: we may ignore the fact that everyone is aware of taking a balanced diet which is not the case. According to research, it is much affordable to have a balanced food on the table rather than junk. It is evident that people who watch what they eat have a lengthy life span and a healthier one. Physical activity is quite crucial in everybodys life. Food fails to digest properly due to lack of exercise (Fung, 2016). It is evident that people who take a long walk, jog or do any form of exercise have healthier bodies and they are unlikely to suffer from lifestyle diseases, unlike those that do none of the above (Fung, 2016). Some of these diseases come about because fat is not emulsified in our bodies. We fail to give our bodies time and condition for the necessary metabolic reactions to take place. In conclusion, obesity is a disorder that can happen to anyone. We can watch what we eat, do exercises daily and try to live right but still get the disease. For this reason, we should not discriminate anyone with this disorder. On the other hand, prevention is better than cure. It is, therefore, important if we tried to live right, exercise regularly and do what is necessary to maintain our bodies. For those suffering from the disease, there are solutions to the problem. Obesity is not a permanent disorder. References Marini, I., Stebnicki, M. (2012).The Psychological and Social Impact of Illness and Disability. New York, Springer Pub. Co. https://public.eblib.com/choice/publicfullrecord.aspx?p=888781. Davies, H. D., Fitzgerald, H. E. (2008).Obesity in childhood and adolescence. Westport, Conn, Praeger. BOUCHARD, C. (2000).Physical activity and obesity. Champaign, Ill, Human Kinetics. Wolin, K. Y., Petrelli, J. M. (2009).Obesity. Santa Barbara, Calif, Greenwood Press. CAMPOS, P. F. (2004).The obesity myth: why America's obsession with weight is hazardous to your health. New York, Gotham Books. Consultation On Obesity, Who Consultation On Obesity. (2000).Obesity: preventing and managing the global epidemic : report of a WHO consultation ; [Consultation on Obesity, 1997 Geneva, Switzerland]. Geneva, World Health Organization. Blackburn, G. L., Kanders, B. S. (1994).Obesity: pathophysiology, psychology, and treatment. New York, NY, Chapman Hall. FUNG, J. (2016).The obesity code: unlocking the secrets of weight loss. https://lib.myilibrary.com?id=902555. PEARCE, J., WITTEN, K. (2010).Geographies of obesity: environmental understandings of the obesity epidemic. Farnham, Surrey, Ashgate. https://public.eblib.com/choice/publicfullrecord.aspx?p=483649. HEINBERG, L. J., THOMPSON, J. K. (2009).Obesity in youth: causes, consequences, and cures. Washington, DC, American Psychological Association BLASS, E. M. (2008).Obesity: causes, mechanisms, prevention, and treatment. Sunderland, MA, Sinauer Associates.
Tuesday, May 5, 2020
Strategic Management of Information Systems
Question: Discuss about the Strategic Management of Information Systems. Answer: Decisions taken by Woolworths in the context of the IT/IS strategy In the context of the IT/ IS strategy, the organization had taken the decision that it will let 500 workers to go across its supply chain and support office network. It is because the new chief executive Brad Banduci has taken the decision of restructuring the operating model (iTnews 2016). The chief executives have also taken decision of bringing 1000 workers from the group office for splitting the online EziBuy business. Major challenges faced by Woolworths recently Woolworths is struggling with its relationship with the customers of the company. This is due to the issues of inventory system and replenishment. The company is also bearing the cost of $80 million that is related with the impairment of unspecified IT related assets (iTnews 2016). The relationship of the organization with the customers strained and as a result, it was troubled with $20 million rollout of Sap for commodity systems. Factors that led Woolworth to take decisions The factors that led to performance issue were revealed by the chief executive of Woolworths (Slack 2015). He revealed the the issues are mainly arising due to the recent emergency drill which has been conducted in the month of May at Eastern Creek data which shut down the facility. Due to these many ramifications arises both in the systems of data collection and replenishment. Porters five forces Model Activities Impact Threats of new entrants MEDIUM Threats from the Substitute Products HIGH Threats from Competitive rivalry LOW Bargaining Power of the Customers HIGH Bargaining power of the Suppliers LOW Balance of power The bargaining power of the suppliers is low. On the other hand, the bargaining power of the customers is high. The power can be balanced if a strategy is implemented such that the bargaining power of suppliers or customers does not get affected if one of the factors increases or decreases. Impact on IT/IS strategy The introduction of restructured operating system led Woolworths to spend millions on IT assets (Armstrong and Taylor 2014). This will help in reducing the competition from its rivalries. The customers can get proper online services with the help of digital platform. The threats from new entrants also decreases as the organizations operating model is restructured which will be advantageous for Woolworths. Pros and Cons of IT/IS strategic decision taken by Woolworths There are many advantages and disadvantages of the decision that was taken by Woolworths. Short term The organization invests for restructuring its operating model and for building a digital platform in a market place (Guimares et al. 2016). The decision of investment is advantages as investment in the restructuring of operating model helps in improving the competitive advantage of the company, which is a short term advantage for the organization. Restructuring process in an organization like Woolworths can decrease the image of the company (Heracleous 2013). The customers of the company does not get proper products and services according to their need and demand and as a result the process of restructuring effect the image and brand of the company, which is a short term disadvantage. Long term The advantage of the decision taken by the chief executive of the company helps in preparing sales for the next generation of the company. The investment in the IT sector helps Woolworth in achieving value as well as financial condition of the company. It also helps in expansion of the current business (Durand 2012). The advantages are long term and thus increase the annual revenue of the organization. There are many disadvantages of the decision as investment for restructuring an operating model can create issues or challenges in financial condition of the organization (Whittington 2014). If the restructuring process takes much time then the company can faces huge competition in the market for its existence. Importance of IT in Woolworths Development of IT is very much important for Woolworths. It helps in increasing the growth and revenue of the company. By having a perfect IT technology the company can provide best online services to its customers (Ward and Peppard 2016). The services provided by the company helps in attracting more number of customers which will be beneficial for the company. An effective IT system will help in decreasing the competitive rivalry. No, the management of the company is not underestimating the role as the company is investing millions of dollar for restructuring its operating model and for building a digital platform for the marketplace. Decision of the new Management Yes, I agree with the decision of the new management in writing down millions of dollar in IT investment. The investment was done for building a digital platform for the marketplace and for restructuring the operating model. Investment in IT sector is advantageous as investing in technology is one of the way for supporting the innovation which helps in development of an organization. Investment in IT sector provides growth to an organization (Heracleous 2013). For example, Apples stock prices are continuously rising because of the popularity of the phone due to its features. The Apple Company invests millions of dollar every year in Its IT sector and which resulted growth of the company. Explanation about the CIO of Woolworths The CIO of the company should invest in the IT sector after considering certain options. The restructuring of operating model is made if it is sure that the restructuring of the operating model will have positive impact on the company (Armstrong and Taylor 2014). Before investment financial condition and stock off the company must be checked as it helps in dealing with a challenging issue if the decision will bring any loss in the organization. Woolworths must consider the government backed security. They will provide help to the organization if it faces any problems during its restructuring processes. References Armstrong, M. and Taylor, S., 2014.Armstrong's handbook of human resource management practice. Kogan Page Publishers. Durand, R., 2012. Advancing strategy and organization research in concert: Towards an integrated model?.Strategic Organization,10(3), p.297. Guimares, C.P., Cid, G.L., Balbio, V. and Macedo, L.P., 2016. Caregivers and Old PeopleDigital Platform for Education and Training.J Community Med Health Educ,6(438), pp.2161-0711. Heracleous, L., 2013. Quantum Strategy at Apple Inc.Organizational Dynamics,42(2), pp.92-99. iTnews. (2016).Woolworths writes down millions in IT assets. [online] Available at: https://www.itnews.com.au/news/woolworths-ditches-500-support-jobs-writes-down-it-assets-431300 [Accessed 25 Aug. 2016]. Slack, N., 2015.Operations strategy. John Wiley Sons, Ltd. Ward, J. and Peppard, J., 2016.The Strategic Management of Information Systems: Building a Digital Strategy. John Wiley Sons. Whittington, R., 2014. Information systems strategy and strategy-as-practice: a joint agenda.The Journal of Strategic Information Systems,23(1), pp.87-91.
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