What is the point of Classifying accounting system Essay

What is the point of Classifying accounting system - Essay Example The classification also helps us to understand why some national systems dominate over others (Jeno, 2010). In addition, classification is important because it aids the policymakers to assess the prospects and the challenges associated with international harmonization (Nobes, 2011). Due to classification policymakers at the national level become better placed to make a prediction of likely problems, as well as identifying solutions given the knowledge of experience in other countries. Third world nations that wish to adopt appropriate accounting systems used by other countries may do so with the help of classification. What is more, accounting classification is important for accountants and auditors who operate internationally. There are two major qualities of a good classification system in accounting, namely mutually exclusive and collectively exhaustive (Flynn, 2005). By mutually exclusive it implies that a good classification system necessitates that all the items that are being classified should be able to fit into only one category. For instance, the classification of items into a group by the use of an alphabetical system will possess the quality of being mutually exclusive. A name cannot start with more than a single alphabet letter, and thus, it can either be classified as either A, B or C and so on. In accounting mutual exclusiveness becomes problematic when trying to sort items (McNair, Olds & Milam, 2013). For instance, classifying a large supply of papers purchased is difficult in the sense that it can either be grouped as an expense or an asset. Furthermore, if the accounting system tries to place similar items into categories, it can be classified as stationery or under a particular title. T hus, most accounting classification systems do not have the aspect of being mutually exclusive, and the decision is based on judgement and experience has to be always considered. A collectively exhaustive

Asthma Research Paper Example | Topics and Well Written Essays - 1000 words

Asthma - Research Paper Example An individual finds it extremely strenuous to take air in and out of the lungs during an asthma attack. This is because the inner layer of the tubes conveying air between the throat and lungs become swollen to some extent closing the airway (5). There is also increased secretion of mucus, which further serves to narrow the airway. The inflamed airway is sensitive to a number of substances, which causes asthmatic patients to be extremely allergic to various substances. The precise cause of asthma is unknown; however, researchers believe that there is an interaction of some genetic and environmental factors, which bring about asthma. This usually happens during the early stages of development. Statistics show that about 23 million Americans have asthma, 7 million of them being under the age of eighteen years (Murphy 7). The genetic and environmental factors that cause asthma include atopy, childhood respiratory infections, contact with airborne allergens, having asthmatic parents, and contact with some viral illnesses during infancy or early childhood as the immune system is developing (What Is Asthma? - NHLBI, NIH). Atopy is the hereditary propensity of developing asthma. The Hygiene Hypothesis tries to explain the causes of asthma by suggesting that reduced exposure to various childhood ailments due to the highly hygienic Western lifestyle affects children’s immune systems, making them more prone to atopy and asthma. There is no known cure for asthma and the ailment can erupt at any time despite the patient feeling fine. It is, therefore, imperative to treat symptoms as soon as one notices them to prevent the progression of a mild attack into a strong attack. Consequently, one needs to know asthma symptoms to recognize them. The most common signs of asthma are wheezing, coughing, shortness of breath, and chest tightness (What Is Asthma? - NHLBI, NIH). However, possessing these signs does not always mean that a person has asthma. Hence, a person displayin g these symptoms needs to see a doctor for proper diagnosis using the lung function test and a physical examination. Many things set off or aggravate asthma conditions including allergens derived from dust, mold, pollen, animal fur, and cockroaches. Cigarette smoke, dust, and sprays also contain irritants that can spark asthma attacks. Viral infections of the upper respiratory tract, for example, colds, some medications (nonsteroidal anti-inflammatory drugs and nonselective beta-blockers), and sulfites present in foodstuffs and beverages also trigger asthma attacks (What Is Asthma? - NHLBI, NIH). Vigorous physical activity such as exercises may also worsen the symptoms of asthma. Other health conditions e.g. â€Å"a runny nose, sinus infections, reflux disease, psychological stress, and sleep apnea† make the management of asthma more challenging and ought to be treated, as well (What Is Asthma? - NHLBI, NIH). The identification of asthma relies on medical and family histories , test results, and a physical examination. The establishment of medical and family histories involves determining the frequency and severity of asthma symptoms. It is also imperative to determine the exact periods of the attacks, for example, certain times of the day or seasons of the year. Physical examination involves the doctor looking out for asthma signs such as â€Å"wheezing, a runny nose, swollen nasal passages and allergic skin conditions such as eczema†

Multiculturalism in Canada

Multiculturalism in Canada Multiculturalism in Canada Multiculturalism is the acceptance or promotion of multiple racial and ethnic cultures, for practical reasons and/or for the sake of diversity and applied to the demographic make-up of a specific place. Today, most of the twentieth century racial and ethnic minority relations, in Canada, have been shaped by a clash between the liberal idea of equal citizenship and conservative racial thinking. Official policies in Canada have stressed the need to assimilate racial and ethnic minorities into an all-embracing mainstream culture. In 1971, the government of Canada announced its policy of multiculturalism. The policy not only recognized the reality of pluralism in Canada, but also seemed to reverse the earlier attempt to assimilate immigrants. It challenged all Canadians to accept cultural pluralism, while encouraging them to participate fully and equally in Canadian society. They supported that a new model of citizen participation in the larger society be adopted base on pluralism of rac ial and ethnic groups that were part of the Canadian family. They offered a blueprint for a Canadian identity based on public acceptance of difference and support of cultural pluralism. Therefore, the role of racial and ethnic groups is really important in Canadian multicultural society because this multicultural diversity is a result of centuries of immigration. National disasters, military action, and political repression have always produced large-scale movements of population as displaced groups seek new homes. Those displaced for military or political reasons have often wanted a right to refuge under a state that will protect them or guarantee their fundamental rights. In the first half of the twentieth century, a large numbers of refugees fled from Nazi Germany, Palestine, and the Soviet bloc, and in 1951 a legal definition of refugee was established under the Geneva Convention. It is from the second half of the twentieth century, however, that international conflict and tension created ever greater numbers of refugees seeking shelter in a more secure home. This has been divan, in large part, by the ethnic basis of much military and political conflict, which has meant that whole populations have been forced to find a save home. In addition, the diverse population is now one of the unique features of Canadian society. In the 1991 survey has shown that more than 30% of Canadians were an origin other than British or French. But that percentage is most heavily concentrated in Ontario and western Canada , but rural areas, small towns like Quebec and Atlantic are home to fewer foreign-born people than is the rest of Canada. In rural Quebec, for example, the vast majority of the population was not only born in Canada but so were their parents, grandparents and great grandparents. By contrast, approximately 90% of foreign-born Canadians live in Canadas 15 largest cities. But, here again, the distribution of foreign-born is uneven. Some provinces, like Quebec (outside Montreal), have relatively fewer foreign born. On the other hand, 30% of all Vancouver residents and 38% of all Toronto residents (more than a million people in Toronto alone) were born outside Canada. Therefore, accordingly, to the researches, Toronto and Vancouver may have the most cultural, racial and ethnical minorities in Canada. But they do not stand al one. The cultural mix in other Canadian cities may be different, but pluralism is a fact of Canadian society. Official policy in Canada focuses the need to assimilate racial minorities into an all-embracing mainstream culture. The implementation of this policy has shown that these liberal assumptions have not gone unchallenged. In fact, from the 1960s, state policies in Canada became more restrictive in relation to immigration, as racial thinking became a more marked feature of official thinking. Some of Canadians do not supported multiculturalism. For example, in English-speaking areas, some people worried that multiculturalism would divide Canadians rather than unite them. Others in Quebec protested that multiculturalism was designed to undermine Quebec nationalism, but many other Canadians, supported the policy, and they saw it as recognition of a pluralism that was a fact of Canadian life. The multiculturalism policy has to relate to visible minorities, so these new communities are less worried about understanding of their values in Canada because they look to the multiculturalism policy as aid in the elimination of discrimination for equal access to jobs, housing and education. In 1981, federal multiculturalism officials established a unit devoted to race relations in Canada. Later this unit expanded to make race relations as a primary focus of the multicultural policy. Today, most provinces and many municipalities have followed this procedure and mainly focus on education, policing, social services and protection of human rights within their areas of jurisdiction. Finally, most federal multicultural programs stress on institutional change, race relations and citizen integration and participation. Multiculturalism means the diversity of the racial and cultural mix, the need for tolerance and accepting one another as fellow Canadians. By globalization and the ever-increasing movement of people from one country to another, the challenge of appreciating and accommodating cultural differences has become a universal experience, so the government policy would be sensitive to the needs of both long-time residents and the newly arrived with the greatest success. Canadas future depends on the commitments of all its citizens to a unified Canadian identity. Therefore, multiculturalism in Canada become a significant issue and it has a deep root in the society. Reference Luchtenberg, Sigrid. and McLelland, Nicola. 1998. Journal of Intercultural Studies. Vol. 19, p187, 20p www.hrw.org / refugees Richard, T. Schaefer. And Bonnie, Haaland. 2009. Sociology. Third Canadian Edition

Effects of divorce :: essays research papers

Each year, over 1 million American children suffer the divorce of their parents; moreover, half of the children born this year to parents who are married will see their parents divorce before they turn 18. Mounting evidence in social science journals demonstrates that the devastating physical, emotional, and financial effects that divorce is having on these children will last well into adulthood and affect future generations. Among these broad and damaging effects are the following: †¢ Children whose parents have divorced are increasingly the victims of abuse. They exhibit more health, behavioral, and emotional problems, are involved more frequently in crime and drug abuse, and have higher rates of suicide. †¢ Children of divorced parents perform more poorly in reading, spelling, and math. They also are more likely to repeat a grade and to have higher drop-out rates and lower rates of college graduation. †¢ Families with children that were not poor before the divorce see their income drop as much as 50 percent. Almost 50 percent of the parents with children that are going through a divorce move into poverty after the divorce. †¢ Religious worship, which has been linked to better health, longer marriages, and better family life, drops after the parents divorce. The divorce of parents, even if it is amicable, tears apart the fundamental unit of American society. Today, according to the Federal Reserve Board's 1995 Survey of Consumer Finance, only 42 percent of children aged 14 to 18 live in a "first marriage" family--an intact two-parent married family. It should be no surprise to find that divorce is having such profound effects on society. Restoring the importance of marriage to society and the welfare of children will require politicians and civic leaders to make this one of their most important tasks. It also will require a modest commitment of resources to pro-marriage programs. Fiscal conservatives should realize that federal and state governments spend $150 billion per year to subsidize and sustain single-parent families.

Multimodal Discourse Analysis of Two English Learning Visual Advertisements Essay

It was not until the advent of â€Å"new media age†, which by definition involves prevailing digital-mediated communication modes and substantial usage of multiple semiotic resources combined in the realization of discourses, did the mainstream preference of monomodality unprecedentedly challenged (Kress & Van Leeuwen, 2001). Language, as one of the semiotic resources, is by no means the only carrier to realize discourses. Diversity should be acknowledged in the current age when visual, audio and other kinds of semiotic resources are convenient and efficient in delivering the abstract discourses concept into expressions (Kress, 2003). The present study will base its analysis primarily on the multimodal discourse analysis framework and visual grammar proposed by Kress and Van Leeuwen (1996, 2001), as an application of their theoretical framework into practices. Since the multimodal discourse analysis (hereafter MDA) theory has been established only within this recent decade, an d it is relatively hard to find solid references to support this theory, flaws and limitations are therefore unavoidable. As MDA is considered the subdivision of Systemic Functional Linguistics (hereafter SFL) which focus on social semiotic approach of critical discourse analysis (hereafter CDA), this present study should be considered as an experimental attempt of utilizing MDA in incorporating social culture and ideology into discourse analysis[1]. Firstly, the rationale underneath this present research is based on Kress and Leeuwen’s four-layered meaning rendering domains known as â€Å"strata† (Kress & Leeuwen, 2001), as well as their theoretical construction of visual grammar, which is an outspread, or more specifically generalization of verbal grammar (Kress & Leeuwen, 1996). Basically, the theory of strata gives an overall account of meaning-making in multiple articulations among discourse, design, production and distribution, the first two of which being associated with content and the latter two with expression. The basic meaning making flow is conceptualization (from discourse to design), materialization (from design to production) and reproduction (from production to distribution). In this research, only the first phase of meaning articulation will be dealt with, because the data analyzed here are visual advertisement posters on the internet without tangible material texture such as paper or stone, which made the analysis less complex and more focused. According to Kress and Van Leeuwen (2001, pp.21), the process of design involves three things simultaneously: (1) a formulation of a discourse or combination of discourses, (2) a particular (inter)action, in which the discourse is embedded, and (3) a particular way of combining semiotic modes. This threefold process has at least two implications: (1) the realization of social communication by encoding the abstract discourse into a specific design and (2) deliberate choice of communication media through which the meaning could be more effectively delivered, such as the combination of music, image and sequence in films. For the second implication, this present research only involves visual mode of semiotic resource which further reduced the complication of analysis. The first implication is actually the central focus in this research paper. If the process of designing is, to some extend, a process of encoding, then using the visual grammar to analyze this design is exactly the reverse process, namely decoding. That is to say, this paper is aiming at using visual grammar as a tool to decode the visual image so that to find out the hidden social constructed discourses underneath the poster. The similarity between visual grammar and verbal grammar lies in their system underlying the language-use, the ubiquitous fundamental elements of linguistic rules (Chomsky, 1972). This generative grammar lends validity to the set of rules Kress proposed suitable for analyzing visual literacy or visual language. This present analysis will primarily follow Kress’ framework of visual grammar, divided into three levels: representational, interactional and compositional. The representational grammar is heavily associated with ideational meaning in SFL, which basically deals with the internal relations between the depicted participant s and a setting of circumstances in which they occur[2]. The representational grammar is basically realized by vectors which could exhibit the interrelations between the participants or between the participant and the viewer. In advertisement 1 (see appendix), the participant is a young white-collar employee who desperately gazing towards the reader/viewer. From the perspective of the representational grammar, this is a non-transactional reaction, characterized by a gazer but without a phenomenon appearing on the poster. The non-transactional process is characterized by a vector extending from the gazer’s eyes towards directly outside the poster or to the reader/viewer who looks at the poster. Similarly, advertisement 2 (see appendix) also shows a non-transactional reaction. But the gazer—a caricature figure of ancient Chinese historical character Zhuge Liang—does not extend his eye-line vector directly towards the reader but to somewhere else without specified phenomenon. Moreover, the second advertisement has, though implicit, an action vector: the feather fan in the cartoon figure’s hand indicates a manner of waving. Although this action vector is also non-transactional, it is stronger than a reaction vector. If comparing these two posters from a representational level, the first one is completely reaction vector with clear pointing angle to the reader. That is to say, the reader/viewer here is actually the phenomenon of the gazer. The second one has both action vector and reaction vector, though both non-transactional. The action vector adds to the poster’s agentive quality and centralized its salience on the movement of waving feather fan. The interactive grammar is concerned with social relations between interactants and the represented world of text (readers/viewers). There are four major systems: contacts, social distance, attitude and modality (Kress & Van Leeuwen, 1996, pp.43-118). The following part will analyze the two posters within each system. In the first advertisement, the interactive participant, or that young male white-collar imposes a â€Å"demand† contact towards the viewer, which is a direct eye-line vector towards outside the poster. Contrastively, the gazer on the second poster presented an â€Å"offer† contact, which is characterized by no direct eye contact (though imaginary) with the viewer. The distinction between demand and offer significantly distinguished these two posters. The mood represented in the first one is more engaged, direct and intensive. The young male looks directly to the reader as if interrogating the readers if they had been through the same desperation and suspicion on the fact whether Chinese could ever learn English well. He seeks the recognition and resonances from the reader towards his own feelings. His demanding eye-line attracts the reader’s counter-directional reaction vector, and the reader will feel passively being gazed and therefore a tense feeling and obliged inward self-inspection: â€Å"whether I am just like him who cannot learn English well.† However, the mood in the second poster is more disentangled, aloof and carefree. The cartoon character looks at somewhere else as if intentionally avoiding eye contact with the reader. This manner of â€Å"offer† invites the reader to cast reaction vector towards him. By showing a confident manner of â€Å"already discovered the secrets of learning English†, this advertisement uses the absence of contact as a strategy to arouse viewer’s interest in discovering â€Å"what exactly is the secret that this ancient sage has†. Similarly, under the social distance system of analysis, the first poster is very intimate/personal, characterized by a close shot, yet the second one is relatively impersonal under a medium shot. From the perspective of attitude system, the first poster is presented from a front, eye-level angle which represents heavy involvement and equal status with the viewers. The designer of the poster intends to create a young man who could be anyone of those young white-collar who has problems learning English. The second one is also presented from a front, eye-level angle. Yet it is noticeable that due to the disproportion of its body and the small proportion between his eyes and the entire face, it is very likely to get an illusion that it is a low angle, which signifies the represented participant’s power. The compositional grammar primarily deals with the way in which information or value is transferred from the represented participants towards the viewers. Since the two posters both adopted a centered circular position which presented their central characters in the very core of the composition, there is very little to compare in the aspect.

How to Shoot a Free Throw

Shooting free throws can be the easiest way to score points and lead your team to victory, or it can be stressful and embarrassing. Bad free throw shooting can even cost your team the game! The most important way to make free throws is shooting consistently. To obtain consistency, a player must always practice his form. By doing so, the free throw shooter will gain confidence and will see an increase in the number of free throws he can make. The free throw form should be the same form used for shooting jump shots. 1.First, Position your feet shoulder-width apart. The main foot should be positioned right behind the free throw line, while the other foot is positioned a couple of inches behind the free throw line. The main foot matches your handedness. If you are right-handed, then your right foot will be dominant at the free throw line. 2. Secondly, your legs should be slightly bent at the knee. 3. Thirdly, your dominant hand should be used to cradle the ball from underneath, with the other hand positioned on the side of the basketball for guidance and stability. 4.Fourthly, the ball should be positioned at about chest height, beneath the chin. 5. Fifthly, your dominant arm should form a C shape, with the ball perched atop the hand. 6. Next, the release motion should be smooth, as jerkiness will lead to inconsistent delivery from shot to shot. Your goal is to have the same movement every time you shoot a free throw. The release should flow from underneath the chin upwards and outwards. 7. Also, the wrist of your hand supporting the basketball should be snapped forward, applying backspin to the basketball as it is released.This should look as if the shooter is reaching above and in front of her head to steal cookies out of a cookie jar. 8. Finally, the shooter should find a routine that is comfortable for he/she and practice that routine so that it becomes second-nature. Only then can he/she obtain consistent success from the free-throw line. Remember that this is a classic free throw form. If your form is different, yet you can make a shot without difficulty and yield success each time, remember the old saying: if it isn’t broke, don't fix it! Good luck and remember to practice!

Labor Unions Essays - Labour Relations, Free Essays, Term Papers

Labor Unions Essays - Labour Relations, Free Essays, Term Papers Labor Unions Labor Unions What do you think of when you hear the phrase labor unions? Most people associate a negative connotation with labor unions. They think that labor unions are the only cause of strikes and work stoppages. Most think that people in unions are greedy and will do anything to get more money. Others swear by their unions, saying that their employers would take advantage of them if they didnt organize their unions. However as we prepare to enter the new millennium, labor unions are decreasing in size. Lets look at some of reasons. First, the numbers are unmistakable. At the end of 1997, when the most recent count was made, only 14.1% of workers belonged to unions, the lowest percentage since 1936 (Gross 23). This is a dramatic decrease from when unions were at their height at the end of World War II when 35.3% of Americans were in unions (Galenson 13). One cause of this fall of union membership is the decline of manufacturing in America and the transfer of much manufacturing work over seas (Gross 24). Because of advances in technology and labor saving innovations, fewer people are required to make steel and assembler automobiles. As a result, only 16.1% of U.S. workers now work in factories, down from 22.8% twenty years ago (Aronwitz 2). There has also been a decrease in size of the large corporations, which in the past usually signed industry-wide contracts to produce a particular item. The latest figures show that the 800 largest firms employed 17% of the total workforce, down from 25.7% twenty years ago (Aronwitz 3). Many of these companies have their work done abroad. Nike does not make a single shoe in the United States and many insurance companies are having paperwork processed over seas (Hacker 45). At home corporate jobs are frequently assigned to temporary workers, who are often classified as independent contractors and are not very likely to join unions. Indeed, there are fewer long-term jobs, something union seniority could once guarantee. Last year, among men aged forty to forty-five, only 39.1% had worked ten or more years at their current job, compared with 51.1 percent in 1983 (Galenson 27). So, one might ask, what caused this to happen? At some point in the 1980s, the balance of power shifted against labor unions. Some say the defining moment was in 1981, when then-U.S. president Ronald Reagan forced an end to the bitter air traffic controllers' strike. Others point to the 1985 victory of then-British Prime Minister Margaret Thatcher over striking coal miners (Gross 239). Whatever the reason, unions are trying to make a comeback. There are several strategies that unions have devised to return to their former glory. Unions have adopted a more lenient attitude towards management, reducing the number of strikes to record lows in the 1980s and early 90s, and attempting to negotiate contracts providing job security for members (Gross 278). Unions have also placed greater emphasis on organizing drives for new members. Although unions have been very successful in organizing government employees, they have been less successful with recruiting office workers in the rapidly expanding services sector. However, during the last two decades, the wage advantage for unionized workers with private jobs has fallen by 44.1 percent, although the public sector has increased by 9.5 percent (Maguire 20). Currently, 41.9% of union members are from the public sector. Among the most strongly unionized occupations are firefighters (71.6%), flight attendants (69.4%), and high school teachers (56.1%). Only 28.6 percent of coal miners belong to unions and only 19.5% of truck drivers (Hacker 47). Despite all of the downsides of unions they do have their benefits. Here are a few examples of salaries secured through collective bargaining by highly trained professionals: Pilots with only fifteen years of service at Northwest, American, United, and US Airways now earn on average over $175,000 a year. Professors at New York City University can now get as much as $101,655 for twenty-eight weeks of teaching. Under the current National Basketball Association contract, first year playerssome of them right out of high schoolwill start at $300,000 (Hacker 48). The recent NBA lockout has shaped many peoples opinions on labor unions. Most people, myself included, thought that it was

Judith Wright essays

Judith Wright essays Judith Wright is commonly regarded as Australia's greatest twentieth century female poet. She was born on her father's station property at Wallamumbi in New South Wales in 1915 and even attended the University of Sydney, where she graduated with a BA in 1936. Between then and the outbreak of the Second World War she was in various secretarial jobs all while continuing to write. However, it wasnt until her return to Wallamumbi that brought home to her the unbelievable power of the Australian landscape. Wrights work shows that she takes a special interest in the resilience of the human spirit, the ability of people to continue to live their lives in the face of adversity and misfortune. However, what is remarkable to note is Wrights concern and feelings for the plight both of the Aborigines and of the Australian environment. In all of Wrights work there is evidence of a deep love of the land these people live in and is able to incorporate a constant imagery to relay her emotions. In Wrights poem, Request to a Year, the reader gets a first hand look into the fascination that she possesses about the resilience of human nature. In this poem, one finds that there is a mother sitting on a high rock sketching out the landscape that appears massive, quiet and dispassionate. Below her the scene shifts to her son who is struggling to survive as he balances on an ice floe that is approaching a waterfall. Yet, the mother does nothing and continues to sketch. Finally he is eventually saved by the mothers daughter who, stretching out an alpenstock (walking stick), pulls him to safety. What is most striking about this scenario is the firmness of the mother, who, unable to do anything to help her son, remains on the rock and sketches the event. She is as immobile as the rock itself. Its almost hard to swallow because it doesnt seem right that a mother would watch as one of her ...

Keep Struggling Students Working with These Strategies

Keep Struggling Students Working with These Strategies As a teacher, there is nothing more challenging than trying to help out a struggling student. It can become quite difficult and oftentimes you are left feeling helpless, especially when everything that you have tried doesnt seem to work. Sometimes, it may seem like the easiest thing to do is to just give the student the answer and be done with it, you do have about twenty other kids to attend to after all. However, this is not the answer. All of your students need you to give them the tools to persevere. Here are the top 10 teaching strategies to help your struggling students keep on going. Teach Students Perseverance In order to succeed in anything in life, you have to work hard. Students who are struggling in school have never been taught that when the going gets tough that they have to push through it and keep on trying until they get it. Try writing down some motivating quotes and tips on how students can persevere and hang them in the classroom for everyone to see. Do Not Give Your Students the Answer Resist the urge to give your students the answer. While this may seem like the easiest thing to it, it is not the smartest. You are the teacher and it is your job to give your students the tools they need to succeed. If you just give them the answer how are you teaching them to do it on their own? The next time you want to save time and just give your struggling student the answer, remember to give them the tool to do it on their own. Give Children Time to Think The next time that you ask a student to give you an answer try waiting an extra few minutes and see what happens. Studies have shown that teachers only wait about 1.5 seconds between when they ask a student a question, and when they ask a student to answer. If only the student would have more time, would they be able to come up with an answer? Do Not Take I Dont Know for an Answer How many times have you heard the words I dont know since you started teaching? Besides giving students more time to think, also make them come up with an answer. Then have them explain how they came to get their answer. If all the children know that it is a requirement in your classroom to come up with an answer, then you will never have to hear those dreaded words again. Give Students a Cheat Sheet Often times, struggling students have a difficult time remembering what is expected of them. To help them with this, try giving them a cheat sheet. Have them write down the directions on a sticky note and place it on their desks, or make sure to always write everything down on the board for the students who constantly need a reference. Not only will this help the students, but it will also deter a lot of them from raising their hands and asking what they have to do next. Teach Time Management Many students have a hard time with time management. This is usually because managing their time seems overwhelming, or simply because they have never been taught the skill. Try helping students with their time management skills by having them write down their daily schedule and how much time they think it takes them for each item that they listed. Then, go over their schedule with them and discuss how much time should really be spent on each task. This activity will help the student understand how managing their time is essential in order for them to succeed in school. Be Encouraging Most of the time students that struggle in the classroom, struggle because they have no confidence in themselves. Be encouraging and always tell the student that you know they can do it. Your constant encouragement may be all they need to persevere. Teach Students to Move On When a child gets stuck on a problem or a question, their first reaction is usually to raise their hand and ask for help. While this is an okay thing to do, it should not be their first thing to do. Their first reaction should be to try and figure it out on their own, then their second thought should be to ask a neighbor, and their final thought should be to raise their hand and ask the teacher. The problem is, you have to teach the students to do this and make it a requirement that they follow. For example, if a student is stuck on a word when reading, have them use the word attack strategy where they look at the picture for help, try to stretch the word out or chunk it, or skip the word and come back to it. Students need to use the tool of moving on and trying to figure it out themselves before asking for help from the teacher. Promote Cognitive Thinking Encourage students to use their thinking caps. This means that when you ask them a question, they should really take the time to think about their answer. This also means that you as the teacher need to come up with some innovative questions that really make the students think. Teach Students to Slow Down Teach students to take it one task at a time. Sometimes students will find it easier to complete the task when they break it apart into smaller, simplest tasks. Once they complete the first part of the task then they can move on to the next part of the assignment, and so on. By taking it one task at a time students will find that they will struggle less.

HR Training and Development Essay Example | Topics and Well Written Essays - 750 words

HR Training and Development - Essay Example Online job portals are the best solution which benefits both the employer and employee in landing on the right job. Today internet is one of the most widely used tools to search and post jobs online. Many companies still choose to advertise the open vacancy in the newspapers but most of the organizations are switching towards online job portals. The positive impact of an online job portal has been emphasized as is it has completely changed the way a job seeker searches for jobs and the way in which companies recruit employees. According to the latest research, there are more than 2000 online job search websites that exist today and it is also evident that job placement through online job portals have a very high ratio in the current time. Online job portals help the companies to advertise their job openings globally and the organization gets the chance to explore global talent for selection whereas job seekers can explore global opportunities and hence it creates a gateway for them t o excel in their career (Richardson 2010). The positions of Human Resource Manager and Human Resource Recruiters on careerbuilder.com and monster.com website perfectly match the criteria of my skills sets. These include the Essential Job responsibilities, requirements and other educational requirements of these posts. There are many online job advertisement portals available over the internet that provides different resources to filter the right candidate. Career building websites provide different questions, articles and links for effective interviewing of the candidate and also online screening and test to chop down to the right candidate. From the job seekers point of view career building websites provide articles and links for effective resume writing and cover letter according to the company’s requirement. Other tools provided by career builders are training resources for candidates that include different training modules in the technical or management field. These resou rces help both the job seeker and the job advertisers to effectively pursue their goals in a short amount of time (Handler 2008). The advantage from the point of view of an organization for online job postings on different job website is the cost factor. The advertisement cost is almost reduced to 90% from the traditional advertising methods. E-Recruitment allows the employees to interact with the candidate in a really short time and the employer can post a job on the website in less the 20 minutes with no limit size. Company’s online job posting can stay live on the website for complete 30 days and the hiring process is 70% faster than traditional hiring. Since the website is viewed globally therefore the audience exposure is wider and the process is easy. Job seekers can have a wider approach towards their career search and they can explore the career resources on the websites for effect resume building and cover letters for the company. Job seekers can view the complete jo b description before applying for a job and they can also filter the job from city to salary range and also according to the technical skills they possess (Handler 2008). Online job posting has become a wide choice by most of the companies to publish their jobs online. It has been observed that many companies now post available vacancies online rather than using traditional media. Hiring the right candidat

RESPONSIBLE RESEARCHER Essay Example | Topics and Well Written Essays - 1000 words

RESPONSIBLE RESEARCHER - Essay Example Another set of motivations deals with pressures that students claim to be under, some of which may be real and others of which may be rationalizations for dishonesty, but all of which shift the responsibility for their behavior away from themselves. I realize my responsibility in delivering authentic papers and will not try to place other person's success or failure on me. I am positive that it will not bring any genuine realization to myself, but rather will show me in a different light, present me as a person with different qualities and talents. I now realize that academic dishonesty might be the first step to dishonest behavior in gradually all areas in life that will sooner or later lead to failure. The next factor of academic dishonesty that I would like to note is a pressures and overloads during academic years. These factor along with improper explanation of the material are often results of academic cheating. There were times when I had to work during my studies and thus sometimes failed the courses, however I have never plagiarized or conducted any other unacceptable behavior. I have learnt to manage stress and meet the deadline and have realized that this, along with honesty and clearness of education goals is guarantee of success. While my education, I am going to divide my time effectively and make it possible to accommodate my work to studies and not conversely. That, by means, effective time management: devoting a reasonable part of time on involvement in Campus life when making studies of academic subjects and keeping the excellent academic performnce the bsic priority. ccording to recent sttistics, provided in research by Philip Langlais, proportion of college students who chet t some point in their creers rnge from low of 25% to high of 80%, but the most common estimte is bout hlf. Not ll of these, of course, re hbitul cheters; mny students chet only under wht they regrd s extreme circumstnces nd my chet only "two or three times in their whole creers." Some students claim that cheating is a means of "balancing the books, " as it were, with professors whom they perceive to be acting unfairly, such as requiring too heavy a work load, giving tests that are too difficult, and grading too harshly. Some students admit to a lack of effort-not attending class, not wanting to do the work-as a reason for their academic dishonesty. Other students claim that, as it were, "the devil made me do it": They say they gave into an irresistible temptation when an opportunity to cheat arose. Still others see cheating as a game or contest of wits between themselves and their professors. Finally, students say that facilitation of academic dishonesty is motivated by adherence to loyalties outside the

Environmental Analysis Essay Example | Topics and Well Written Essays - 2250 words

Environmental Analysis - Essay Example Marketing is the concluding approach used to endorse the selling strategy for products such as the iPhone 4s. Marketing has then been cleverly practiced at the company to encourage its business. With this understanding, this paper critically examines Apple Inc. and the application of PESTEL analysis. Introduction In any given business organization, management is something which should be done in the right manner possible, and this should be able to integrate all elements of management and functions as well. This becomes a defining application which has the capability of improving performance and ensuring that business goals have been realized within the shortest time possible. For instance, within any strategies of management, it should be appropriate to adopt a number of practices, theories and organizational adoptions which have the capability of improving performance of business organization. In this study, it would be necessary to understand the issue of leader and management and how they can be viewed and adopted towards ensuring that the greatest gains have been realized in the business organization. Different organizations have been able to come into terms with such approaches, and hence they have been in a position of realizing the greatest gains within their business operations. ... 38). This kind of leadership and organizational responsibility has been something very significant for the business, and as well has been able to bring a new wave of promotional engagement which has been seeing an improvement in the business engagement thus leading to the realization of business goals. Basically, Apple Corporation has been able to improve its business engagements, and hence becoming one of the best performing businesses in the economy of the country. There has also been an effective modality in decision making which has been vital towards the realization of business goals. Management and leadership ideologies have been adopted in the best manner thus leading to the realization of goals within the business (Wharam, 2009). In that sense, it should be worth noting that the best of gains in any business shall be only be in line with the kind of engagement of management and leadership which have been adopted in the business (Gill, 2006). It would thus be very appropriate to study the kind of engagements which have been adopted in this business and see how it has been able to become a perfect performer in the business. Management and Leadership: Apple Corporation At Apple, there has been the need of ensuring that all business engagements have been appropriately led and managed towards the realization of the best business goals. In that sense, it should be necessary to apply all management functions as this has the capability of ensuring that the best of gains have been realized in the operations of the business. However, there should be the need of understanding that there are a number of differences between management and leadership (Rost, 2004). In management, this is a wide conceptual

Communications plan Of kelloggs Company Essay Example | Topics and Well Written Essays - 2000 words

Communications plan Of kelloggs Company - Essay Example Enactment of new tariffs or changes by the same also affects the company performance and its general financial position. Changes in the existing taxes also affect Kellogg's operations since; there will be an increase in the expenses of the company (Boehlje, Krause & United States, 2001, 13). This poses a challenge for the Company because it has to find ways of increasing its revenues in order to cover up the expenses. In addition, political unrests and terrorist attacks in the Unites States also affect the flow of work in the company. For instance, terrorist attacks will normally lead to massive losses due to fall in the demand of foodstuffs. However, it is not all times that the political environment will create challenges for the company. At times it also creates opportunities for the company. For instance, when the government creates trading opportunities in the economy, or creates new investments in the country. The country is able to increase its revenue by taking advantage of s uch investments (Boyce,  2002, 32). The economic environment of the company also has a great impact on the company’s operations. Economic downturns affect the consumer demand of the products being offered by the company (Kellogg’s, 2008, 9). This is because; consumers will only be attracted to buy products which are lowly or averagely priced, but not highly priced. Therefore, economic problems such as inflation or increase in prices also affects the company’s financial statements due increase in the expenses. For instance, increase in the prices of raw materials, fuel and labor costs, increases the production costs of the company. Kellogg’s company mostly uses agricultural products such as wheat, corn and sugar. Therefore, any slight price increases in the agricultural market pose a challenge to its operations. In addition, shortages in labor, and the general inflationary pressures in the economy increase the labor costs of the company. Social/cultural effects mainly involve effects arising from the reaction of the customers. Kellogg’s Company produces products which directly affect customers since; the products involve direct consumption by the public (Kellogg's, 2008, 8). Therefore, the company has the duty to produce high quality products which will not have adverse effects on the customers’ health. Therefore, the company has to check on the safety and quality of its products. The ingredients used in the food products also have to vary depending on the culture of the target group. This is due to the fact that; different cultures consume different foods and despise different foods too (Peterson,  2004, 15). Competition is also a factor that greatly affects the operations of Kellogg’s Company because; the company operates in a highly competitive industry, the food industry (Kellogg's, 2008, 7). There are many other businesses that are engaged in the supply of fast foods and ready-to-eat cereals. Most of the se businesses also have strong financial positions and thus they are highly competitive. Therefore, Kellogg’s also has to improve its operations in order to match up the challenge posed by its competitors (West,  2001, 41). Technology is also a factor that affects the company immensely. This is because; technological failures would disrupt its operations since; the company greatly relies on information technology to store and transfer data. For instance, its inventory management system is electronic and thus, it highly

In the Midst of Pressures Essay Example | Topics and Well Written Essays - 500 words

In the Midst of Pressures - Essay Example He was concerned about how the people would react. He was already a hated man, being a white man and a police officer in a foreign land. He has become, as the storyteller reveals, a tyrant who has lost his freedom; being pushed by the people to do things against his will. He knows that as an officer, he should follow protocol, get near the elephant and test if it is still harmful or it is already safe for it to be left alone. However, the area where the elephant was eating is muddy and it would be dangerous for the officer to get near the elephant because there is the possibility that he would be trampled upon like the Indian killed by the beast. Although he was not concerned about his safety, he was thinking what a laughing stock he would become in his time of death when he gets killed by the elephant. Therefore, in this certain circumstance, he decided to kill the elephant even though that was not really his intention. Similarly, in the second story, the main character gave in to p ressure. When Langston was left all alone in his seat, with his friend looking down at him from the platform and the older members of the congregation and the priest wanting him to move forward and receive his salvation, the young man went to the podium.

Financial Statement and Operating Indicator Analysis Essay

Financial Statement and Operating Indicator Analysis - Essay Example The current ratio is a liquidity ratio and indicates the extent to which an organization can cover its short term liabilities by its liquid assets. It is calculated by dividing the total current assets in the organization with the total current liabilities.This ratio seeks to examine the revenue of the organization as a function of its expenses. It includes the revenues of the organization from all sources in its calculation. The ratio is usually derived by dividing the net income of the organization with the total revenue. A high ratio means that the organization can cater for its costs efficiently, and indicates profitability. On the other hand, a lower ratio indicates that an organization could be experiencing financial difficulties, and may not have the ability to give viable returns to investors (Chandra, 2010).A major challenge concerned with financial statement analysis relates to the inability of the statements to recognize the seasonal qualitative changes, which occur in the course of normal business. These changes include changes in management, government policies, as well as labor strikes. Such changes affect the financial position of the business, thus including them in the financial analysis is significant. Therefore, users of analysis should require financial analysts to assess the implications of such factors on the organization’s profitability, and report to them (â€Å"Foundation of the American College of Healthcare Executives†, 2008).

In the Midst of Pressures Essay Example | Topics and Well Written Essays - 500 words

In the Midst of Pressures - Essay Example He was concerned about how the people would react. He was already a hated man, being a white man and a police officer in a foreign land. He has become, as the storyteller reveals, a tyrant who has lost his freedom; being pushed by the people to do things against his will. He knows that as an officer, he should follow protocol, get near the elephant and test if it is still harmful or it is already safe for it to be left alone. However, the area where the elephant was eating is muddy and it would be dangerous for the officer to get near the elephant because there is the possibility that he would be trampled upon like the Indian killed by the beast. Although he was not concerned about his safety, he was thinking what a laughing stock he would become in his time of death when he gets killed by the elephant. Therefore, in this certain circumstance, he decided to kill the elephant even though that was not really his intention. Similarly, in the second story, the main character gave in to p ressure. When Langston was left all alone in his seat, with his friend looking down at him from the platform and the older members of the congregation and the priest wanting him to move forward and receive his salvation, the young man went to the podium.

To what extent was the First World War Essay Example for Free

To what extent was the First World War Essay World war one was not the sole cause of the revolution; it was a trigger that affected the timing of the revolution in 1917 as it exacerbated problems that already existed.   Such problems were limited constitutional change, the shortcomings of Stolypin’s reforms, and the negative side affects of industrialisation, mass protest and the limitations of Tsar Nicholas II. Paragraph 1 – Limited constitutional change   The Tsar continued to reinstate his autocratic rule by ignoring his people’s desires, such as the upper class and lower class, and promising to reform but progressed with minimal improvement. Limited constitutional change caused the Russian people to become distrusting of the Tsar and resort to a revolution to change the government’s policies themselves in order for Russia to become a more democratic state. An example of limited constitutional change is the October manifesto that was introduced on the 30th of October 1905, prompted by the 1905 revolution Bloody Sunday.   The working class and peasants had appealed to the Tsar concerning his superannuated form of government. Requesting for a share in representative government along with improved working conditions.   The October manifesto produced addressed these concerns, with a promise of free citizenship and no rule to be passed without the agreement of a state duma   However, despite the Duma being permitted to exist, their powers were restricted to such a great extent that the Duma didn’t have any significant impact upon the government. Nicholas did this by issuing a set of Fundamental laws on the 23rd of April 1906, the eve of the opening of the first Duma. The Fundamental laws only reinforced the Tsar’s autocratic power and disengaged any potential government reform of Parliament by seizing its power.   Nicholas’s half hearted idea of reform was not intended to satisfy the people’s desire for a share in representative government but to only safeguard his position as Tsar.   This started to become evident to the people when the third Duma (1907-1912) was more conservative as the Tsar had replaced members who seemed critical of his government.   The third Duma consisted of only 45 seats for the kadels. The First World War put strain on the constitution as Russia required an efficient government organisation, however the Tsar wouldn’t allow anyone to share his power thus resulting in a narrow-minded form of government that couldn’t meet the demands of war.   Additionally, the changes to the election laws were unrealistically high. This was yet another example of Nicholas trying to safeguard his position as Tsar as he thought repression would stop any opposition influencing his people in terms of democracy. However, it was already becoming clear to the people that autocracy was no longer suitable for the beginning of the 19th century as modernisation of industry required a modernisation of government. * Limited constitutional change was down to the Tsar’s inability to reform because of his stubborn personality. The First World War did not create these problems, as they already existed before 1914. Such an example would be Bloody Sunday. The liberal gentry also wanted more power given to the zemstva, as they were worried that if the Tsar didn’t share power, a revolution would take place. The 1917 march revolution was the revolution they were apprehensive for. The Shortcomings of Stolypin’s reforms   The Tsar’s insistence of receiving little help with the ruling of Russia allowed scarcely any reform to take place as the Tsar was not fully aware, or didn’t intend to be, with the problems that needed addressing, such as peasant farming.   This resulted with Stolypin introducing a land reform degree in November 1906.   Peasants were allowed to leave the commune freely, have a right to own their own land and consolidate strips. However, one of the downfalls of these reforms was that they were not compulsory.   The war put a lot of pressure on Russia’s agricultural production as it was their main export and so underinvestment in agriculture meant that the war exacerbated problems that already existed, such as the redistribution of land held by the nobility. This was one of the key issues that hadn’t been addressed by Stolypin, along with backward farming methods, lack of preserving land through not using fertiliser and high direct and indirect tax. By 1913 productivity rose by 1% per year with a record of 70 million ton harvest in 1913, however yields were still low compared to other countries.   25% of peasants made no change while 66% of peasants decided to own land privately, although by 1917 95% of peasants returned to the Mir. Despite the government’s intent to give the peasants some financial support by setting up a land bank between 1906 and 1913, most peasants were unable to afford the debt due to the expensive taxes. Redemption payments were abolished by 1917 and peasant purchasing power increased by 15% but there was still no change to the high direct and indirect tax. Land prices sore and produce prices fell. This left peasants in an all too familiar financial detriment, giving them more reason to revolt for improved living conditions as the first world war demanded produce by which they had no efficient methods to meet. The negative social affects of industrialisation   As the peasants were released from the Mir, they were able to work and live in towns benefitting industry. Nonetheless, there were negative social affects of industrialisation as by 1914 two fifths of factory workers were in factories with over 1000 members. Their average wages were below the ptiful of 1904 therefore workers began to protest about wages and went on strike in 1912 in the Lena goldfields where 170 were killed.   Development in industry from 1906-1914 with 8% per annum was beneficial for Russia, however Russia began from a low starting point and so it was easier to achieve large percentage increase at the expense of Russia’s working class. Workers in towns that were used to the quiet countrysides were more susceptible to opposition propaganda. Workers were an important part of the industrial boom as they contributed to the efficiency of factories. As their masses increased, it was more likely strikes would occur because of the poor, unhygienic, dangerous living and working conditions they were forced to live in.   Great masses in cramped spaces in towns also led to an increase in tension between them, raising the chance that the masses would join together and form a revolution to get the government to notice their propositions. The First World War demanded more military equipment and put pressure on working factories. Russia’s poor economic institution meant that the impact of war was too large a strain upon it and upon the working class. This lead to a revolution because laboring Russians wanted better lives and working conditions but the Tsar continued to ignore them. Growth of mass protest   As more workers revolted, so did the growth of mass protest.   The government used repression in order to solve this, in 1906 stolypin’s necktie was introduced. And the Okhrana were still intrusive and demanded passports on the spot. Despite freedom of press, in 1905 newspapers were still censored. World war one put the regime to new tests as repression was only a short term solution. In 1909, employers ignored the concessions of 1905 and the lack of the Tsar’s involvement meant the Duma intervened in 1912 producing an insurance scheme establishing protection for workers   Although order and control were issued through the Okhrana and repression using stolypin’s necktie, this only partially stabilized the regime. The war required an organised, efficient government, which Nicholas was not providing. Food distribution and army equipment were not being delivered efficiently, causing revolts in response. It was clear that repression wouldn’t last long, especially when the Tsar left his position to become commander in chief in 1915, leaving Russia without a Tsar. This would lead to a revolution because an unstable government wouldn’t survive the pressures of the war and its demands, therefore people would rebel. Limitations of Nicholas II   Nicholas often made bad decisions, despite his good intentions making him a poor leader. In 1915 he took control of the Russian army. He became the spotlight for criticism of deaths and shortage of ammunition, poor equipment and the shortage of boots.   People asked for consultative assembly however Nicholas had betrayed his people by issuing a set of Fundamental laws. This was because he had a weak character and was intimidated by criticism, so he didn’t allow it.   Poor leadership and incompetent communication among the leaders meant instructions were not followed carefully or not at all. Nicholas was personally responsible for Russia’s performance in the war.

Corporate Governance Impact On Capital Investment

Corporate Governance Impact On Capital Investment Introduction Overview Through various studies over the years, different scholars and financial analysts have been able to establish a relationship of cash flow on firms investment spending. It was significantly proven by (Modigliani Miller, 1958) that a firms financial status is irrelevant for real investment decisions in a world of perfect and complete capital markets, after controlling for the cost of capital. In case of managerial discretion, based on (Jensen, 1986) free cash flow theory, firms increase investment (including projects with negative present value) based on the availability of cash flows with incentive of increasing firms value beyond level of optimal investment. Moreover, an agency costs also appreciate the borrower net worth by charging a premium on the external financing. The discussion above explains that the firms investment decisions are dependent on the availability of internal funds, as cost advantage over external fund is evident. While choosing an appropriate capital structure, there are certain trade-offs which affects the decision. These trade-offs include tax advantage through acquiring debt against the bankruptcy cost which advocates the use of equity. Keeping this in view, various different models have been supported to explain this corporate capital structure behavior. Pecking Order Theory, initially mitigated by (Donaldson, 1961) describes the financing practice as prioritizing the means of financing, which is necessary for the management to counter against asymmetric information. Either they should generate the funds internally or acquire funds externally through debt rather than equity. Implications to the pecking order theory involves the positive impact of leveraging on the market price, which means, financing through debt sends a positive signal into the market about the firms future prospects. Furthermore, intermediaries also undermine the role of management as the financial intermediaries such as investment banks function as the insider to the firm. Consequently, keeping an eye on the firms operations and influencing the firms capital financing decision. However, Pecking order theory of (Myers, 1984) argues that the firms operating in imperfect or incomplete capital markets where the cost of external capital exceeds that of internal funds, the financial structure may be appropriate to the investment decisions of companies facing uncertain prospects. Gauging the level of corporate investment in any firm is based on the corporate governance; market position of a firms asset against its book value can be termed as Tobins q ratio. Identified by (Chung Pruitt, 1994), Tobins q as proportion of firms market value to replacement cost of its assets. Tobins q can be considered an effective tool for determining financial performance as the data can be collected readily from a balance sheet. When calculating Tobins q ratio, the replacement cost can be determined approximately by the book value of firms plant and equipment. Approximate q can be replaced with the actual Tobins q to make the calculations unproblematic and data can be readily available without any discrepancies. Problem Statement To study the impact of corporate governance on the capital investment decision through cash flow and Tobins q interaction in relation with Capital Investment HypothesEs H0: Firms cash flow having a significant impact on its capital investment will be linked with high Q values. (FCF Theory) HA: Firms being liquidity constrained due to least payout will have significant investment-cash flow sensitivity, and will be linked with high Q values in the market. (PO Theory) Outline of the study The report contains the contemplation of research data that will study the phenomenon of cash flows and investment discussed earlier in this paragraph. The study categorizes firms according to characteristics (such as dividend payout, size) which will help measure the level of constraints faced by firms. The study will help readers to understand the complexities of Pecking order theory and Free Cash Flows concept with regard to asymmetric information available and corporate governance which influences decision of the firms. To measure the effect that cash flow-financed (internally sourced) capital spending and Q has on firms investment, Ordinary Least Square Regression model will be used to estimate the function. To compute the influence on the Investment, instruments used are: (1) Cash Flow, (2) Approximate q, and (3) an interaction of both variables are created. Through studying the parameter estimates of interaction variable, positive influence on investment will support the Pecking Order hypothesis and negative influence will govern the Free Cash Flow hypothesis. The equation hypothesized in the next part is linear. Definitions Pecking Order Theory: (Myers, 1984): A firm is said to follow a pecking order if it prefers internal to external financing and debt to equity if external financing is used. Free Cash Flow Theory According to (Jensen, 1986), free cash flow theory, high cash flow and low debt create agency costs associated with conflicts between manager and share holder over the payout of this free cash, which is the cash left after the firm has invested in all available positive net present value projects. Capital Structure A careful and systematic analysis of how claims against a corporations assets can or should be determined, assessed, and accounted for. (Riahi-Belkaoui, 1999) Capital Investment Decision Capital Investment decisions are those decisions that involve current outlay in return for a stream of benefit in future years. (Drury, 2006) Tobins q Tobins q is a measure of investors expectations concerning a firms future profit potential. It is defined as the ratio of the market value of a firm to the replacement cost of its assets. (Strecker, 2009) Literature Review Vogt (Vogt, 1994) explained the capital spending behavior of companies with respect to change in dividend cash paid, cash flows, sales, and market value of assets. The regression equation models the variables to proportion of fixed assets, and distributes the firms data in segments of Dividend Payout Groups and Asset Groups. Primarily, Dividend Cash has a strong negative impact on capital spending; it explains that in order to finance additional fixed investment firm needs to sock cash by reducing their dividend. Cash flow, Sales, and Q Ratio having a positive coefficient demonstrates that with an increase in future cash flows, the firm will improve its capital spending. A relationship has been developed between the firms investment decision and the firms financial status by Cleary (Cleary, 1999), financial status has been studied with respect to the liquidity constraints. The data is classified into groups through a discriminant analysis on basis of dividend payout policy. Groups taken into study have made possible to identify firms which are more financially constrained more likely to be investment-cash flow sensitive, furthermore, availability of internal sources of funds have a greater impact on firms with high credit worthiness, and vice versa. It has been proposed that the various ownership structures make managerial decision based on the interaction between investment and the firms liquidity constraints. The study conducted by Dedoussis Papadaki (Dedoussis Papadaki, 2010) mentioned that the management can be held separate from its ownership, even on basis of the nationality of the company. On the other hand, it also explained that the relative shareholding of CEO and the controlling shareholders can also be the basis of separation. The sample used in the study was separated and grouped on basis of dividend payout, asset size of the firm, age of the firm, source of control, and kind of ownership. On the given sampling criterion; greater asset size firms, older firms, lower Q (high investment opportunity), and high dividend payout firms showed higher cash flow sensitivity towards investment. Findings support that the Low Q, small, and new firms under the generalized model are facing asymmetric information problems. Indeed these firms are expected a priori to face financing problems that affect the cost of their external financing. On the other hand, low Q, old and low dividend firms are more likely to face managerial discretion problems that result to over-investment. The impact of Tobins Q is mainly used to determine the investment opportunity of the firm. In this article, marginal Tobins Q has been taken to evaluate the firms investment and Research Development expenditures. The asymmetric information (AI) hypothesis proposed that firms provided with a profitable investment-project may be not able to source it through internal cash flows and for the reason that the cost of external funds is too high due to the capital markets ignorance of the firms investment opportunities. On the other hand, agency or managerial discretion (MD) hypothesis constructs the investment-cash flow relationship on the assumption that managers are well qualified in context with proficiency they obtain from managing a huge and fast paced firm and thus exceeding the wealth shareholders beyond their expectations. (Gugler, Mueller, Yurtoglu, 2004) Taking in viewpoint the impact of capital structure on the capital investment decision, firms investment demands is the more susceptible towards cost-of-capital or tax-based capital incentive. Whereas, capital structure seems irrelevant as against internal sources of funds can be effectively substituted with sources of funds generated externally. The size of the investment project can be a deterministic factor towards it. Fazzari, Hubbard, Peterson, Blinder, Poterba (Fazzari, Hubbard, Peterson, Blinder, Poterba, 1988) explicates that cash flow/investment relationship is more sensitive when taken in reference with firms dividend behavior. Comparison based on firms having more or less liquidity constraints can be further improved when compared on a division based on the scale of the firms, i.e. young or small firms versus large ones. This way the researchers can address the problem of firms lacking the asymmetric information. Under the impression where capital investments decisions mainly pertains to the capital structure or choosing the appropriate source of investment, Schaller (Schaller, 1993) conducted three different empirical tests to determine that information asymmetries have a huge influence on the firms investment behavior. Differences among the informational base of investors and creditors was also considered a capital market imperfection. Ownership status and age of the firms has an impact on the cost of equity financing, mature firms pay comparatively less price for it than young firms. Same aspect goes for the firms with concentrated with comparison to dispersed ownership. Borrowing is considered a more rational source for investment-projects. Pledgeable assets generate greater borrowing capacity, which afterwards makes firms invest more in pledgeable assets. As suggested by Almeida Campello (Almeida Campello, 2007), such a phenomenon can be termed as a credit multiplier. In case of financially constrained firms, a multiplier relates to the sensitivity of firms investment-cash flow relationship that is reflected as the increase in the tangible assets of the firm. Therefore, it is proposed that with fewer tangible assets firms are more likely to be financially constrained. The sensitivity of investment-cash flow relationship is evidently influenced by the tangibility of a firm, as latter discussed. Managers while making capital investment decision considers externally-sourced funds costlier, therefore, overconfident managers over assessing the profitability of an investment-project invests more when having abundant internal funds to utilize. However, deciding not to source externally in case where they are short of internal funds to generate. There has been an evidence of significant relationship between the managerial discretion and investment-cash flow sensitivity. Equity concentrated firms are more likely to be influenced by overconfident managers, unless compensation tools can be used to reduce the effects of managerial overconfidence. (Malmendier Tate, 2005) Goyal Yamada (Goyal Yamada, 2004) have explained the impact of asset pricing in the stock market against investment-cash flow sensitivity. Overvalued stock prices triggers an increased in investment spending and are cut back when stock are being undervalued, consequently, inflated prices collateral assets attract higher level of external financing. Inflationary pressures primarily determined by the economic monetary policy impacts on the variation of cost on external financing, though it reflects highly on cost of external financing, marginally impacts less on the investment-cash flow sensitivity. It has been observable that less financially constrained firms have significantly higher investment-cash flow sensitivity. Characterizations of firms based on financial constraint can sometimes create confusion. Firms having unusually high cash holdings can either be characterized as unconstrained based on the opportunities it has to invest or constrained based on the assumption that it needs to have a precautionary savings to invest in future investment projects. Therefore, financial constraints cannot be used as an influential determinant for investment-cash flow sensitivity. (Kaplan Zingales, 1997) Hu Schiantrlli (Hu Schiantarelli, 1998) put into picture the effect of general economic factors and various firms characteristics on the value of the firms net worth. Mainly financial status is the most important determinant for the level of asymmetric information problem that managers face. A strong balance sheet position can reflect good sign of firms performance which enhances the market value of the firms asset to its stake holders, mainly investors and creditors. Q models assumption also assists in determining the sensitivity of the investment-cash flow relationship, where the indicators determine the investment opportunity and the sources of funds to choose from. Understanding the market influence in proxy of q can also give a clear picture to the movements in the firms investment over a period. Net worth of firms helps manager determine if the sourcing of funds externally is a viable option in contrast to the investment opportunity which underlies. (Hubbard, 1998) Research conducted on the investment-cash flow sensitivity addresses many aspects of the firms financial strength. Further study by Calomiris Hubbard (Calomiris Hubbard, 1995) shows that when firms tax taken under investigation also reflected a significant influence on the volume of spending on investment-projects. They explored the impact of surtax margin, as a tax experiment, on the cost of internal and external funds. Surtax when levied on undistributed profits, obligate the firms to incur certain cost on the internal funds. This effects the managers decision to invest and is also reflected on the investment-cash flow sensitivity against the surtax margin. As a result to evade burden of higher cost on internal funds, firms with high surtax-margin exhibits elevated sensitivity in investment-cash flow relationship. Quan (Quan, 2002) discusses the Pecking Order theory with reference to the Modigliana-Miller proposition that works under the assumption of perfect market. Here it is stated that value of the firm is irrelevant and based on a few limitations the choice of financing can be determined via gauging the strength of the firm. These factors pertain to the imperfect market and influence the managers to make their capital investment decision. Once the assumptions are released the financing structure shows a clear picture. The association between Free Cash Flow theory and Agency theory has always been under the limelight when there is a question of retaining the undistributed profits. FCF Theory taken under consideration gives out an option to the management to hold on to excess cash sacrificing the shareholders opportunity cost. These excess funds can be generated to better internal operational efficiency or at managers discrepancy to source its investment-projects. (Wang, 2010) Research Methods The chapter explains the model used in the given research study. The study focuses on analyzing the influence of Cash Flows and Tobins q on Corporate Investment. The equation represented by a dependent variable as a ratio of capital spending to the beginning net fixed asset (I/K) predicted by independent variables: (1) ratio of cash flow to the beginning gross fixed asset (CF/K), and (2) beginning Tobins q (Q). Method of Data Collection Main source of collecting the required data is from secondary sources. It includes the Balance Sheet Analysis of Joint Stock Company listed in Karachi Stock Exchange provided by State Bank of Pakistan consisting of data of our relevant variables. The data was taken in annual terms to conduct this research. Sampling Technique The Convenience sampling or grab or opportunity sampling would be use in this research. Sample population selected because it is readily available and convenient. Sample Size The sample period taken under study covers 8-years period beginning at the start of 2000 and ending at the close of 2008. The data was taken from a sample of 70 (non-banking and non-financial) companies which are listed on Karachi Stock Exchange and included in KSE-100 index. Research Model Statistical technique Ordinary Least Square Regression technique is used to study the impact of variables included in the study. It helps studies the relationship between a dependent variable and several independent variable. It also assumes the relationship to be linear or straight line, where the values of predictors lies directly proportional to Criterion variable. SPSS Software is used to develop the regression model and evaluate the influence of predictors on dependent variable. Results Findings and interpretation of results Aggregate Sample: Table : Represents the model summary of regression estimates for the full sample of 69 firms The predictors, i.e. main effects of Cash Flow and Tobins q and an interaction variable of both combined, included in the model explains 78.5% of Investment (Table 1) shown mentioned as R Square. Least variation in Adjusted R Square suggests that the variable to observation ratio in the given model is sufficient. Casewise diagnostic was also conducted to eliminate the outliers in the data to improve the results. Table : Studies the F-statistics to test whether the model predicts the dependent variable significantly The F-statistics (Table 2) is significant and it determines the regression model with the given predictors can significantly predict the outcomes at a 0.05 significance level. Table : The parameter estimation for full sample of 69 firms with respect to dependent variable, t-statistics is used to test the null hypothesis ÃŽÂ ²1 = ÃŽÂ ²2 = ÃŽÂ ²3 = 0 The coefficient values of all predators included in the test are significant at a 0.05 significant level (Table 3), which shows that they have a strong influence on the investment of the firm. The standard coefficient shows that Cash Flows have a much greater impact on Investment than market value on the firm, which is exemplified through Tobins q. Dividend Payout groups: Table : Presents the sample statistics for 69 KSE listed (non-banking and non-financial) companies which are included in the KSE-100 index. The three rows distribute the statistics into High, Medium, and Low payout policies. Average dividend-to-income ratios of greater than 0.35, between 0.35 and 0.10, and less than 0.10 define High, Low, and Medium dividend-payout firms, respectively. While studying the dividend-payout groups (Table 4), the descriptive helps to identify characteristics to confirm whether the data being studied has the authenticity and the behavior pattern which commonly related to the groups assigned. The values of Investment, Cash Flow, and Tobins q associated with the groups are in complete correspondence with the hypothetical occurrence. Firms having a higher (lower) dividend payout have greater (lower) market value, and lower(higher) level of cash flows and investments. Table : Represents the model summary of regression estimates of 69 firms split by High, Medium, and Low dividend-payout policies. The model helps explains 81.9%, 66.7%, and 80% data in High, Medium, and Low dividend-payout firms (Table 5), shown in R Square. Least variation in Adjusted R Square suggests that the number of observations is sufficient with respect to variables in each group separately. Table : Studies the F-statistics to test the null hypothesis of ÃŽÂ ²1, H = ÃŽÂ ²1, M = ÃŽÂ ²1, L The F-statistics (Table 6) in each dividend payout group is significant and it determines that each regression model with the given predictors can significantly predict the outcomes at a 0.05 significance level. Table : Shows the parameter estimation for each payout groups with respect to dependent variable, t-statistics is used to test the null hypothesis ÃŽÂ ²1 = ÃŽÂ ²2 = ÃŽÂ ²3 = 0 The coefficient values of predators in High and Low dividend payout groups are all significant at a 0.05 significant level (Table 7), which shows that they have a strong influence on the investment of the firm. Except for Medium dividend payout group, which has insignificant coefficient values of Tobins q, showing no impact on the investment. The standard coefficient shows that Cash Flows have a much greater impact on Investment than market value on the firm, which is exemplified through Tobins q. Hypothesis Assessment Summary Hypothesis Independent Variables B t Sig. Comments Firms cash flow having a significant impact on its capital investment will be linked with high Q values. (FCF Theory) Cash Flow ÃÆ'— Q H0: ÃŽÂ ²3 ÃŽÂ ²3,H = .135 5.295 .000 Rejected ÃŽÂ ² 3,M = .072 .991 .324 ÃŽÂ ² 3,L = .140 5.482 .000 Firms being liquidity constrained due to least payout will have significant investment-cash flow sensitivity, and will be linked with high Q values in the market. (PO Theory) Cash Flow ÃÆ'— Q HA: ÃŽÂ ²3 >0 ÃŽÂ ² 3,H = .135 5.295 .000 Accepted ÃŽÂ ² 3,M = .072 .991 .324 ÃŽÂ ² 3,L = .140 5.482 .000 Dependent Variable: Investment (I/K) Table : Summarizes the results and explains that the hypothesis accepted is directly in correspondence with the aggregate hypothesis. As illustrated (Table 8) capital spending of low payout firms is positively and strongly influenced by the interaction term, consistent with the PO hypothesis, the parameter estimate for the high payout firms are also positive but marginally significant. Conclusion, Discussions, Implications And Future Research Conclusion The results illustrated above demonstrates that the positive relationship between the degree of the Investment-Cash flow relationship and Q represented latter in the aggregate data (Table 3) is concentrated in low or no dividend paying firms. This finding is in further support with the PO hypothesis. Discussions The objective was to study and test the causes of universal relationship between Cash Flow and Investment Spending. Hence, two hypotheses were included in the research to study the source of this relationship: the free cash flow hypothesis (FCF) hypothesis, which works on the assumption that managers prefer investing its free cash flow excessively into investment projects that are not profitable, and the pecking order hypothesis (PO) purports that managers are prone to investment comparatively less than the opportunity provided due asymmetric information-induced liquidity constraint. As advocated in favor of Pecking Order Theory by (Fazzari, Hubbard, Peterson, Blinder, Poterba, 1988) and many others, for groups which consists of small firms with low-dividend payout to fund capital spending, exhibits heavy reliance on cash flow and cash changes. The relationship can be more significantly studied when the impact of larger q value is associated with this group. Evaluating the impact of corporate governance on investment-cash flow relation requires a critical judgment as to how do the firms cash flow and the existing market value influence the investment decision. Financially constraint firms may have a larger impact on liquidity associated matters and managers might take discretion in choosing the right sources to tap. Agency cost may be involved in making such a decision where managers may consider paying dividend as a higher opportunity cost as it reduces the firms free cash flow to exploit new profitable investment projects. Implications and Recommendations In the current market situation where external pressures existing can also be taken into proxy. When managers making a capital investment decision they need to take in view other non-financial aspects that also influences the decisions to a certain extent. Furthermore, financial intermediaries having a certain level of involvement and sharing information sensitive to the market can also be a major factor that might be giving a varying result against Investment. Investing in profitable-investment projects can bring in greater resources to the firm in future and it entails a huge decision burden upon the shoulders of the managers. Shareholders expecting to earn a greater return through investing in them can also be undermined when manager decided to have a low payout policy. Funds generated internally is a possibility where there is a healthy cash flow, but it is also preferable if this free cash is invested into marketable security for allocating the resources into a profitable venture for a time being to make it a positive impression. Future Research In future studies there may be more aspects of cash flow-investment relationship which can be studied for assessing the degree impact it has on this relationship, i.e. sales, debt performance, capital structure, firm size, etc. The research study may also be improved if the observation of firms are increased that will in turn reflect a more clear picture about the relationship in the current scenario. References Almeida, H., Campello, M. (2007). Financial Constraints, Asset Tangibility, and Corporate Investment. The Review of Financial Studies , 20 (5), 1429-1460. Calomiris, C. W., Hubbard, R. G. (1995). Internal Finance and Investment: Evidence from the Undistributed Profits Tax of 1936-37. The Journal of Business , 68 (4), 443-482. Chung, K. H., Pruitt, S. W. (1994). A Simple Approximation of Tobins Q. Financial Management , 23 (3). Cleary, S. (1999). The Relationship between Firm Investment and Financial Status. The Journal of Finance , 54 (2), 673-692. Dedoussis, E., Papadaki, A. (2010). Investment spending and corporate governanc: Evidance from the ASE listed firms. Managerial Finance , 36 (3), 201-224. Donaldson, G. (1961). Corporate Debt Capacity: A Study of Corporate Debt Policy and the Determination of Corporate Debt Capacity. Division of Research, Graduate School of Business Administration, Harvard University . Drury, C. (2006). Cost and management accounting: an introduction (6 ed.). Cengage Learning EMEA. Fazzari, S. M., Hubbard, R. G., Peterson, B. C., Blinder, A. S., Poterba, J. M. (1988). Financing Constraints and Corporate Investment. Brookings Papers on Economic Activity , 1988 (1), 141-206. Goyal, V. K., Yamada, T. (2004). Asset Price Shocks, Financial Constraints, and Investment: Evidence from Japan. The Journal of Business , 77 (1), 175-199. Gugler, K., Mueller, D. C., Yurtoglu, B. B. (2004). Marginal q, Tobins q, Cash Flow, and Investment. Southern Economic Journal , 70 (3), 512-531. Hu, X., Schiantarelli, F. (1998). Investment and Capital Market Imperfections: A Switching Regression Approach Using U.S. Firm Panel Data. The Review of Economics and Statistics , 80 (3), 466-479. Hubbard, R. G. (1998). Capital-Market Imperfections and Investment. Journal of Economic Literature , 36 (1), 193-225. Jensen, M. C. (1986). Agency costs of free cash flow, corporate finance, and takeovers. American Economic Review , 76, 323-9. Kaplan, S. N., Zingales, L. (1997). Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? The Quarterly Journal of Economics , 112 (1), 169-215. Malmendier, U., Tate, G. (2005). CEO Overconfidence and Corporate Investment. The Journal of Finance , 60 (6), 2661-2700. Modigliani, F., Miller, M. H. (1958). The cost of capital, corporation finance, and the theory of investment. American Economic Review , 48 (3), 261-97. Myers, S. C. (1984). The capital structure puzzle. The Journal of Finance . Quan, V. D. (2002). A rational justification of the pecking order hypothesis to the choice of sources of financing. Management Research News , 25 (12), 74-90. Riahi-Belkaoui, A. (1999). Capital structure: determination, evaluation, and accounting. Quorum. Schaller, H. (1993). Asymmetric Information, Liquidity Constraints, and Canadian Investment. The Canadian Journal of Economics , 26 (3), 552-574. Strecker, N. (2009). Innovation Strategy and Firm Performance: An Empirical Study of Publicly Listed Firms. Gabler Verlag. Vogt, S. C. (1994). The Cash Flow/Investment Relationship: Evidence from U.S. Manufacturing Firms. Financial Management , 23 (2), 3-20. Wang, G. Y. (2010). The Impacts of Free Cash Flows and Agency Costs on Firm Performance. Journal of Service Science and Management , 3 (4), 408-418.

Is Abortion Wrong Or Right? :: essays research papers

Abortion, in my opinion, is wrong, but, as it is obvious, it is not wrong in to other people. To make this fair, I have gotten a few people to make a statement about whether they were pro-life, or pro-choice and why. "Pro-choice. As a man, I don't believe that it is my choice to make as to whether a woman decides to keep her child or not. I do not believe that it is my place to pass judgement on all of womanhood when it comes to having an abortion or not. If the circumstances were different, say if the child was mine, then I believe that I have a say, but not for women that I have never, nor will ever meet." Jeff, 20, S.C. "Pro-choice, because women have the choice no matter what. That doesn't mean I'm for abortion though either, just the right to choose." Adrian, 18, Pennsylvania "I'm both. If someone gets raped and doesn't want to have a baby, and it's not their fault that it happened, they should be able to have an abortion because they should be free to live their life. but if someone knew about what would happen if they had sex and they weren't careful, and got pregnant, then they should deal with the consiquences." Lauren, 13, New York. "Pro-life.I think that abortion is morally wrong and it is scientifically proven that the baby is its own person with its own DNA and fingerprints. No one has the right to take a life but Christ. The baby is not part of the mothers body-she can't kill it;it is murder." Drea, 17, Texas. "When asked whether to choose sides on the issue of abortion, I am faced with an unusual quandry. In Michigan, only women have bearing on the baby/fetus while it is still in the womb. All paternal rights come after birth, not after conception. So if a man wants an aborition, but the woman doesn't, the baby is kept. But the converse occurs also; if a man wishes to keep it but the woman doesn't, the fetus is aborted. In my eyes men's paternal rights are beign trampled on because half of that baby/fetus' makeup is from the sperm. I dont side with either and in my eyes, all men should do the same in order to get a voice in raising our families.

Alan Greenspan :: Essays Papers

Alan Greenspan Since Alan Greenspan became chairman of the FED, the country's economy has reflected many positive results. He has done a terrific job. Allan is a very bright man who is always thinking of ways to prevent problems before they happen in the economic sector of the nation. All economists have been very content with his job just until now. In a recent Time magazine article called Is That Really You, Allan?disapproval about some new rules that this man has suggested for the economy have been highly critized. The first new rule that Alan proposed was to keep down with producivity. In the article he responds to this new rule by saying that too much efficiency pushes demand and becomes inflationary. This meaning that too much is produced and stock prices are getting higher. When this happens people begin to feel very wealthy and start to buy and buy like crazy. This is something that can cause major inflation in a future. Alan's second rule is to keep stock market prices not rising more than 5% to 6%. Greenspan comments that this has to be done because shares should rise only as fast as the rest of the economy. These two new rules proposed by Alan are mainly to protect the country from inflation and many economists and other people don't understand it. The article also reflects that many people think that Alan is doing the wrong thing. This is mainly because they are not getting the economic benefits they wish and are not thinking about the country's economic future. A very clear example is given in this article as well. The chief economist of the Deutsche Bank, Edward Yardeni states that, "If the wealth effect continues to boost demand, then why can't productivity continue to boost supply?" I really think that this comment was really said in an angry and ambitious way. This is an economist of a bank and should really try to understand that what Alan is trying to do is right. I also think this man is seeking only his own benefits. The chairman's decisions have brought many investors to worry. But just as Edward Yardeni, all these people are only thinking about the harm these rules will bring to their own selves. They are not aware that what Alan is doing is taking precautions so inflation will not invade the economy in the coming years.

‘A PhD in the field of Pharmaceutical Sciences’ †Statement of Purpose Essay

Statement of Purpose I am determined to pursue a PhD in the field of Pharmaceutical Sciences with an emphasis on formulation and development of new drug entities. During pharmaceutics lab sessions in my second year as an undergraduate, I was engaged in making different drug formulations (Pharmaceutics). It was here I began to wonder how these dosage forms were being formulated to achieve optimum therapeutic response which led me to the goal of pharmaceutical technology. During my B.pharm in Pune University, my appetite for pharmaceutics led me to pursue a master’s in pharmaceutics. I worked hard, studying various Novel drug delivery systems such as Micro-particulate systems, chrono-modulated drug delivery systems, various polymeric dosage forms, etc. Not to negate this hard work, I couldn’t be more proud of what I accomplished in my research on the â€Å"Development and evaluation of Floating microspheres of Pioglitazone hydrochloride† and developed new dosage form for the delivery of the anti-diabetic drug. As compared to conventional dosage form (tablet) of Pioglitazone hydrochloride, this new dosage form prolongs the delivery of drug and retains it for nearly 12 hours in the stomach region, where maximum release of the drug is possible. My mark on the field has just begun My interests grew as I viewed at close quarters current developments in pharmaceutics, in particular as it relates to formulation and development of drug molecules. It is marvellous to see how a molecule, inefficacious in conventional formulations, can do wonders when used in a Novel Drug Delivery System like ‘Microparticles’. I feel the need to delve more deeply into my Master’s research topic of Microparticles and do more research into areas of Micro/nanotechnology, to study in detail the development of Micro/nanoparticles as carriers to deliver aniticancer agents, genes, vaccines, etc. I have published 2 research papers, 1 other is accepted for publication and another one under revision, which gave me intense experience of the overall procedure for publication from designing experiments 25/8/2013 2:13 PM ‘a PhD in the field of Pharmaceutical Sciences’ – Statement of Purpose http://www.essayforum.com/graduate-essays-4/phd-field-pharmaceutic†¦ Inspiration and enthusiasm well up in me when I am at work; I have gained professional experience by working for about 1year as Trainee chemist (F&D) at Zest Pharma and about 6 months as Chemist (F&D) at Aristo Pharma in India. During this period I become completely familiar with Preformulation studies, Formulation development and standardization of different oral solid dosage forms. Of course now I want to move forward ahead toward a Ph.D. I chose National University of Singapore (NUS) because of the exceptional research projects in the field of Pharmaceutics. I am mostly intrigued by Dr. Chan’s project concerning study of different techniques of microencapsulation and also Dr. Liew’s projects on Granulation and pelletization techniques. I am confident of making an original contribution to the field of Pharmaceutics and also because the facilities at NUS seem to foster a healthy research environment as I could gather from the brochure of your department. Also NUS provides a very thorough and effective foundation for work in the Industrial/Organizational field. I intend to pursue a career in the area of research and development for private industry; therefore NUS’s high placement rate, along with all above qualities, is imperative to me and my career. It is my intention to make a significant contribution to my chosen field and I look forward to our relationship with great eagerness.   Nov 7, 2011, 06:43am #2 any one can please take a look at my SOP and comment on possible changes EF_Susan [Moderator] Nov 10, 2011, 12:25pm #3 My mark on the field has just begun. I feel the need to delve more deeply into my Master’s research topic of Microparticles and to do more research into areas of Micro/nanotechnology, to study in detail the development of Micro/nanoparticles as carriers to deliver aniticancer agents, genes, vaccines, etc. I have published 2 research papers, and one other is accepted for publication and another†¦ I have taught lectures & have taken practicals of Physical Pharmacy (Pharmaceutics-II) of second year under-graduate students. Of course n Now I want to move forward ahead toward a Ph.D. Looks like they’ll be very lucky to have you as a student!   Similar discussions: PhD in Pharmaceutical Sciences (Rejected for the last time when applied) Reasons for applying Master of Science (MSc) programme in the Pharmaceutical Sciences Dynamic research group of UF; University of Florida/ PhD(Pharmaceutical Sciences)-SOP   Thesis statement for my sop (field of lifesciences/clinical sciences) – Need ideas! Research on Jacalin plant; Study Objective for Fulbright – Pharmaceutical Sciences Statement of Purpose for a major in Fluid/Thermal Sciences (MS Mechanical) Statement of Purpose for Graduate School in Bioarchaeology field in the UK Statement of Purpose for Chemical engineering in smart polymer’s field (the field of Oncology) Statement of Purpose Masters in Physician Assistant â€Å"The burgeoning field of Computer Science† – my Statement of Purpose Random: Obeying to the demands of Mrs. Sanderson; Significant Experience/ UC This thread has been closed. 25/8/2013 2:13 PM ‘a PhD in the field of Pharmaceutical Sciences’ – Statement of Purpose 4 of 4 http://www.essayforum.com/graduate-essays-4/phd-field-pharmaceutic†¦ 25/8/2013 2:13 PM