Free Essays on Entrepreneurship

â€Å"Know yourself and know your product †¦ be true to both.† I decided to look up each one of the entrepreneurs and see who was the most interesting to me. I decided that Lillian Vernon was an interesting lady. I was so impressed that this lady became an entrepreneur when women didn’t even work. I was impressed with her, because she had a vision and she ran with it. Lillian’s story was very inspiring to me. The fact that she was young, pregnant, an immigrant, and a newlywed was what caught my eye the most. She wanted to help her husband pay the bills. This is exactly the same reason I want to become an entrepreneur. Lillian Vernon was born Lilly Menasche in Leipzig, Germany, moved with her family to Amsterdam because of the dangerous climate for Jews, and finally fled to the United States in 1937 as the Nazi threat escalated. Her family was desperately trying to escape the perils of World War II. She came to this country as a young girl at the age of 10; she knew perhaps more than others how special freedom and opportunity were. She grew up in America believing in her ideals, a land of opportunity. At age 14 Lillian’s first jobs were working in a candy store and as a movie theater usherette. She attended New York University for two years, but like many women at the time, left after two years to get married. In 1951, she was 4-month pregnant with her first child. Lillian Vernon started her Mail Order business. She used $2,000 of wedding money to advertise a leather bag and belt she had designed. She placed a $495 sixth-of-a-page ad for a personalized handbag and belt in ! Seventeen magazine and filled orders from her suburban Mount Vernon, New York apartment using her kitchen table as her office. The ad was a tremendous success, bringing in more than $32,000 in ordersand her business was launched. With two mail-order items, a belt and a purse personalized with the customer’s in... Free Essays on Entrepreneurship Free Essays on Entrepreneurship â€Å"Know yourself and know your product †¦ be true to both.† I decided to look up each one of the entrepreneurs and see who was the most interesting to me. I decided that Lillian Vernon was an interesting lady. I was so impressed that this lady became an entrepreneur when women didn’t even work. I was impressed with her, because she had a vision and she ran with it. Lillian’s story was very inspiring to me. The fact that she was young, pregnant, an immigrant, and a newlywed was what caught my eye the most. She wanted to help her husband pay the bills. This is exactly the same reason I want to become an entrepreneur. Lillian Vernon was born Lilly Menasche in Leipzig, Germany, moved with her family to Amsterdam because of the dangerous climate for Jews, and finally fled to the United States in 1937 as the Nazi threat escalated. Her family was desperately trying to escape the perils of World War II. She came to this country as a young girl at the age of 10; she knew perhaps more than others how special freedom and opportunity were. She grew up in America believing in her ideals, a land of opportunity. At age 14 Lillian’s first jobs were working in a candy store and as a movie theater usherette. She attended New York University for two years, but like many women at the time, left after two years to get married. In 1951, she was 4-month pregnant with her first child. Lillian Vernon started her Mail Order business. She used $2,000 of wedding money to advertise a leather bag and belt she had designed. She placed a $495 sixth-of-a-page ad for a personalized handbag and belt in ! Seventeen magazine and filled orders from her suburban Mount Vernon, New York apartment using her kitchen table as her office. The ad was a tremendous success, bringing in more than $32,000 in ordersand her business was launched. With two mail-order items, a belt and a purse personalized with the customer’s in...

The History and Geography of Iceland

The History and Geography of Iceland Population: 306,694 (July 2009 estimate)Capital: ReykjavikArea: 39,768 square miles (103,000 sq km)Coastline: 3,088 miles (4,970 km)Highest Point: Hvannadalshnukur at 6,922 feet (2,110 m)Iceland officially called the Republic of Iceland, is an island nation located in the North Atlantic Ocean, just south of the Arctic Circle. A large part of Iceland is covered with glaciers and snowfields and most of the countrys inhabitants live in the coastal areas because they are the most fertile regions on the island. They also have a milder climate than other areas. Iceland is highly active volcanically and has recently been in the news due to a volcanic eruption under a glacier in April 2010. The ash from the eruption caused disruptions all over the world. History of Iceland Iceland was first inhabited in the late 9th and 10th centuries. The main peoples to move to the island were the Norse and in 930 C.E., the governing body on Iceland created a constitution and an assembly. The assembly was called the Althingi.Following the creation of its constitution, Iceland was independent until 1262. In that year it signed a treaty which created a union between it and Norway. When Norway and Denmark created a union in the 14th century, Iceland became a part of Denmark.In 1874, Denmark gave Iceland some limited independent ruling powers, and in 1904 after a constitutional revision in 1903, this independence was expanded. In 1918, the Act of Union was signed with Denmark which officially made Iceland an autonomous nation that was united with Denmark under the same king.Germany then occupied Denmark during World War II and in 1940, communications between Iceland and Denmark ended and Iceland attempted to independently control all of its land. In May of 1940 though, B ritish forces entered Iceland and in 1941, the United States entered the island and took over defensive powers. Shortly thereafter a vote took place and Iceland became an independent republic on June 17, 1944.In 1946, Iceland and the U.S. decided to end U.S. responsibility for maintaining Icelands defense but the U.S. kept some military bases on the island. In 1949, Iceland joined the North Atlantic Treaty Organization (NATO) and with the start of the Korean War in 1950, the U.S. again became responsible for defending Iceland militarily. Today, the U.S. is still Icelands main defensive partner but there are no military personnel stationed on the island and according to the U.S. Department of State, Iceland is the only member of NATO with no standing military. Government of Iceland Today Iceland is a constitutional republic with a unicameral parliament called the Althingi. Iceland also has an executive branch with a chief of state and head of government. The judicial branch consists of the Supreme Court called Haestirettur, which has justices who are appointed for life, and eight district courts for each of the countrys eight administrative divisions. Economics and Land Use in Iceland Iceland features a strong social-market economy typical of Scandinavian countries. This means its economy is both capitalistic with free-market principles but it also has a large welfare system for its citizens. Icelands main industries are fish processing, aluminum smelting, ferrosilicon production, geothermal power, and hydropower. Tourism is also a growing industry in the country and the associated service-sector jobs are growing. In addition, despite its high latitude, Iceland has a relatively mild climate due to the Gulf Stream which allows its people to practice agriculture in the fertile coastal regions. The largest agricultural industries in Iceland are potatoes and green vegetables. Mutton, chicken, pork, beef, dairy products, and fishing also contribute considerably to the economy.   Geography and Climate of Iceland Iceland has a varied topography but it is one of the most volcanic regions in the world. Because of this, Iceland has a rugged landscape dotted with hot springs, sulfur beds, geysers, lava fields, canyons, and waterfalls. There are approximately 200 volcanoes in Iceland and most of them are active. Iceland is a volcanic island primarily because of its location on the Mid-Atlantic Ridge which separates the North American and Eurasian Earth plates. This causes the island to be active geologically as the plates are constantly moving away from each other. In addition, Iceland lies on a hotspot (like Hawaii) called the Iceland Plume which formed the island millions of years ago. As a result in addition to earthquakes, Iceland is prone to volcanic eruptions and features the aforementioned geologic features such as hot springs and geysers. The interior portion of Iceland is mostly an elevated plateau with small areas of forest but little land suitable for agriculture. In the north, however, there are extensive grasslands which are used by grazing animals such as sheep and cattle. Most of Icelands agriculture is practiced along the coast.Icelands climate is temperate because of the Gulf Stream. Winters are usually mild and windy and summers are wet and cool. References Central Intelligence Agency. (2010, April 1). CIA - The World Factbook - Iceland. Retrieved from: https://www.cia.gov/library/publications/the-world-factbook/geos/ic.htmlHelgason, Gudjonand Jill Lawless. (2010, April 14). Iceland Evacuates Hundreds as Volcano Erupts Again. Associated Press. Retrieved from: https://web.archive.org/web/20100609120832/infoplease.com/ipa/A0107624.html?Infoplease. (n.d.). Iceland: History, Geography Government, and Culture - Infoplease.com. Retrieved from: infoplease.com/ipa/A0107624.htmlUnited States Department of State. (2009, November). Iceland (11/09). Retrieved from: state.gov/r/pa/ei/bgn/3396.htm Wikipedia. (2010, April 15). Geology of Iceland - Wikipedia, the Free Encyclopedia. Retrieved from: http://en.wikipedia.org/wiki/Geology_of_Iceland

Marketing Strategies Research Paper Example | Topics and Well Written Essays - 1000 words - 1

Marketing Strategies - Research Paper Example However, changes in technology will be the key trend that will affect the business. Express Vending LLC will keep track of the changing technology and adjust accordingly. Express Vending LLC will a family owned business that will provide high quality beverage and vending equipment for commercial purposes. The company will take advantage of the current situation in which customers lack high quality equipment at reasonable prices. Initially, the business will operate locally but will expand to global markets such as the European market. The business plans to approach the market by introducing unique products that are technology intensive. The company will offer three vending products; Sandwich Express, Fresh Juice Machine and Multi-line Machine. The company will also offer restaurant equipment such as Fresh Juice squeezer and Expresso Makers and Toasters. The company will target Branded Juice firms, Sandwich manufacturers and distributors and end users. â€Å"The mission of Express Vending LLC is to be the dominant company in both the vending machine and the restaurant equipment industries by providing easy access to a wide range of unique, high quality and innovative products at reasonable prices. We believe that we will be successful in meeting the needs of our customers by developing close contacts with them so that we have cordial relations with them. Express Vending LLC will earn adequate stream of profits from its operations so that stability can be sustained and even finance the future growth avenues. We will ensure that all our business operations will be conducted ethically and the value is added to our community by maintaining a familiar and friendly environment.† The business will use an advertising strategy that will segment, target and position in the market in order to market products effectively. Targeting will ensure that the right advertisement reaches

Summary Coursework Example | Topics and Well Written Essays - 2000 words

Summary - Coursework Example This being said, Day and Schoemaker (2005) develop a strategic eye exam that will help managers to examine the most problematic strategic areas. First, the authors recommend defining the scope of the company’s peripheral vision. Neither too much nor too little peripheral vision is good for the company: those with too much peripheral vision can end up being too neurotic to deal with change. Second, Day and Schoemaker (2005) proceed to the questions every manager should ask while analyzing companies’ peripheral vision: these questions relate to companies’ past and present, as well as future prospects and ideas. Finally, the authors suggest that the peripheral vision of any company can be strengthened. The article can readily serve the source of valuable advice in the development of useful peripheral vision and thinking within organizations. Day, GS & Schoemaker, PH 2005, ‘Scanning the periphery’, Harvard Business Review, November, pp.135-148. Are You S ure You Have a Strategy? Strategy is a buzzword in contemporary organization studies, but few organizations have a clear understanding of what strategy really means: in this article, Hambrick and Fredrickson (2005) develop a framework for strategy design that includes five basic elements. According to Hambrick and Fredrickson (2005), researchers have developed abundance of various strategic analysis frameworks, but all these frameworks ignore the fundamental question of what strategy is and how it works. As a result, it is not clear how these strategic frameworks should be applied and how they can benefit organizations. In this situation, strategic managers and business owners create confusion and reduce their professional credibility (Hambrick & Fredrickson 2005). This is why the authors of this article propose their vision of strategy and its elements. Based on the article, the main elements of strategy include Arenas, Vehicles, Differentiators, Staging, and Economic Logic. For ea ch element, Hambrick and Fredrickson (2005) provide a question every company should ask in the process of formulating its strategy. For example, in terms of the Arenas element, executives should first decide where exactly, in what arenas, their business will operate (Hambrick & Fredrickson 2005). The substance of any strategy is made of arenas, vehicles, and differentiators, which also require that executives define the main stages of strategy implementation and develop a clear idea of how exactly they want to generate profits (Hambrick & Fredrickson 2005). To support their claims, the authors provide a number of case studies. These case studies illustrate the strengths of the proposed strategy framework. Finally, Hambrick and Fredrickson (2005) conclude that strategy is not about planning but about informed and well-integrated choices and the proposed framework can well serve the basis for the development of the major strategic initiatives. Hambrick, DC & Fredrickson, JW 2005, â₠¬ËœAre you sure you have a strategy?’, Academy of Management Executive, vol.19, no.4, pp.51-62. The Irrational Side of Change Management In this article, the authors identify and discuss nine insights into the way human nature becomes a barrier to implementing the four conditions of behavioral change and fostering positive organizational shifts. Also, the authors show how different companies have succeeded in overcoming these obstacles,

Family Health Assessment Essay Example for Free

Family Health Assessment Essay The emphasis of Gordon’s functional health patterns concentrates on 11 categories which include: health perception/management, nutritional/metabolic, elimination, activity/exercise, cognitive/perceptual, sleep/rest, self perception/self concept, role/relationship, sexuality/reproductive, coping/stress tolerance, and value/beliefs (Nursing Planet, 2013). These series of questions are effective when accumulating data that can be interpreted and diagnoses can be applied for actual, as well as potential issues. Issues are identified, decisions on interventions, education, and promotion of a realistic, as well as a practical lifestyle (Edelman, Kudzma, Mandle, 2014) can be chosen. Discussion in detail of the interview from the Gouker family assessment follows. They have six daughters. Mr. and Mrs. Gouker have been married for 40 years. Utilizing the 11 functional health patterns by Gordon, a family assessment was completed on the Gouker family. The emphasis of health perception/promotion centers on the individuals’ impression of their wellness and how they govern their health (Edelman, Kudzma, Mandle, 2014). Due to their age, the Gouker family’s health perception presently revolves around their yearly health examinations and eating healthy. Mr. Gouker is 74 years old and Mrs. Gouker is 68. Mr. Gouker (personal communication, March 11, 2014) revealed that only after having experienced weakness did he begin having annual examinations, as he had been healthy his entire life. Mr. Gouker does not take any prescribed medications. Mrs. Gouker participates in yearly examinations and currently has blood work completed every six months due to her chronic diabetes mellitus. Mrs. Gouker (personal communication, March 11, 2014) currently takes daily medications for this condition. Since Mrs. Gouker (personal communication, March 11, 2014) shops for the family, she stated that they only consume chicken and fish, which is broiled, and scarcely eats beef or pork. She also prepares vegetables with the evening meal. Snacks consist of fresh fruits. The primary meal is dinner, which is eaten together. Mr. Gouker (personal communication, March 11, 2014) states that breakfast consists of coffee and rarely has time for lunchtime. Mrs. Gouker (personal communication, March 11, 2014) eats breakfast daily which consists of coffee and toast, whereas lunch consists of a salad. Mrs. Gouker has scheduled dentist visits every six months, whereas Mr. Gouker only schedules dental visits every year. According to Edelman, Kudzma, Mandle (2014), elimination pivots around the expulsion of contents in the bowel and bladder, but also includes the skin. Both Mr. and Mrs. Gouker prefer to drink water and they frequently urinate. Mr. Gouker (personal communication, March 21, 2014) states, that he has multiple bowel movements daily, whereas Mrs. Gouker has daily bowel movements. Mr. and Mrs. Gouker bathe daily. As stated by Edelman, Kudzma, Mandle (2014), activity and exercise concentrates on the patterns pertaining to activity, exercise, recreation, and leisure. Mrs. Gouker is retired and Mr. Gouker owns a business. Mrs. Gouker utilizes the treadmill for walking. Leisure and recreational activities include yearly travel, and attending professional sporting events. The main focus of cognitive and perceptions are patterns seen in regards to cognition, perception, and the senses (Edelman, Kudzma, Mandle, 2014). Mr. Gouker has an Associate’s degree in business administration, whereas Mrs. Gouker graduated high school. When expressing his views on pain management, Mr. Gouker (personal communication, March 11, 2014) stated he rarely experiences pain, but if the situation arises he will take an Aleve. Mrs. Gouker (personal communication, March 11, 2014) expressed that she only takes Aleve for pain or discomfort. Mrs. Gouker finds satisfaction in reading and completing crossword puzzles, whereas Mr. Gouker manages the business. The main concept of sleep and rest centers on patterns which give priority to sleep, rest, and relaxation (Edelman, Kudzma, Mandle, 2014). Mr. Gouker sleeps four to seven hours per night while Mrs. Gouker sleeps seven to eight hours per night. Both Mr. and Mrs. Gouker (personal communication, March 11, 2014) state they unwind by watching their favorite television programs or sitting in their rocking chairs on the porch. According to Edelman, Kudzma, Mandle (2014), the focal point of self perception and self concept is on the persons’ viewpoint of themselves which correlate to their self esteem, their self worth, and body appearance. Mr. Gouker (personal communication, March 11, 2014) believes that he can accomplish anything he so chooses. He believes that whether a person is a success or failure depends upon your state of mind. Mrs. Gouker perceives herself as a kindhearted woman and views herself as a genuine individual who is helpful to those around her. With regards to body image, Mr. Gouker stands five foot nine inches tall and weighs 175 lbs and is aware that he is overweight. Mrs. Gouker is five foot four inches tall and weighs 182 pounds and perceives herself as slovenly. The focal point of the role and relationship patterns centers on the persons role in the family and the relationship they have with the other family members (Edelman, Kudzma, Mandle, 2014). Mrs. Gouker cherishes being a mother and wife. Mr. Gouker (personal communication, March 11, 2014) states that he is blessed. He loves being a father and provider to all his children. Both Mrs. and Mrs. Gouker are content with their personal relationships with family and friends. According to Edelman, Kudzma, Mandle (2014), the patterns of sexuality and reproduction center on the individuals’ satisfaction or dissatisfaction with their sexual style. Mrs. Gouker was modest when speaking of their sexual relationship, yet Mr. Gouker was open. Both parties are content with their sexual relationship and have no complaints concerning sex. The focus of coping and stress tolerance pertains to how the individual detects stress and the techniques utilized when encountering stressful events (Edelman, Zudzma Mandl, 2014). This family has always used communication skills to rectify any problems. Prayer is utilized and their faith that God’s guidance assists them. Edelman, Zudzma Mandle (2014) noted that patterns in relation to values and beliefs focus on spiritual beliefs, values, and goals that direct those choices. The Gouker’s are Lutheran and attend services weekly. Upon interview completion of the Gouker family, two wellness and family diagnoses are: Both are at risk for imbalanced nutrition: more than body requirements since their individual body mass index (BMI) both exceed 20 percent. Both Mr. and Mrs. Gouker are at risk for body images disturbance. Education for the Gouker’s included the impact of exercise and how this will decrease their body mass index. It is evident that nurses impact the lives of those being cared for regardless of the setting. Education is instrumental is assisting patients and their families to make positive changes in promoting a healthier lifestyle. References Edelman, C. , Kudzma, C. Mandle, C. L. (2014). Health Promotion Throughout the Life Span (8 ed. ). : VitalSource Bookshelf. Nursing Plant. (2013). Functional Health Patterns. Retrieved March 11, 2014 from www. nursingplanet. com/theory/functional_health_patterns. html Appendix 1)Health prevention and health management. a. How do you feel about keeping your regular doctor visits? b. What, as an individual, do you do to support your health? 2)Nutritional and metabolic a. Regarding your dental needs, what are your oral habits? b. What are your nutritional practices like in general? c. What sort of foods do you consistently eat? 3)Elimination a. How do you manage your bladder and bowel habits? b. What do you do to take care of your skin? 4)Activity and exercise a. How do you spend your time off from work? b. When participating in leisure interests, how many hours do you devote on a weekly basis? c. What do you do for getaways? 5)Cognitive and perceptual a. How do you manage pain? b. What exercises do you do participate in to improve your memory? 6)Sleep and rest a. As an individual, how do you relax? b. On average, how many hours do you sleep at night and what are your sleeping patterns like? 7 )Self perception and self concept a. What is your prospective on your self image today? . In regards to your body image, how do you view your body image? 8)Role and relationships a. As an individual within your family, what is your position in the family? b. In your current position within your family, what makes you satisfied or dissatisfied? 9)Sexual and reproduction a. With your current sexual relationship, are both individuals satisfied or unsatisfied? 10) Coping and stress tolerance a. How do you handle stress? b. When managing situations that are stressful, what do you do? 11)Value and beliefs a. What is your religious denomination? b. In regards to your religion, what guides you towards your goals?

The BMW Corporate Culture Essay example -- Business Analysis

When asked to describe the culture at BMW, to do that one must first give a few definitions of the word culture that would give the most accurate description. First would be â€Å"The sum of attitudes, customs, and beliefs that distinguishes one group of people from another. Culture is transmitted, through language, material objects, rituals institutions which can be connected to motivation, and art, from one generation to the next.† Motivated employees that show commitment to their tasks has proven to be a crucial factors that help to motivate employees to work in line with the goals and aspirations of the company. Secondly we would use â€Å"Intellectual and artistic activity and the works produced by it.† Thirdly one would use â€Å"The behaviors and beliefs characteristic of a particular social, ethnic, or age group.† At the German BMW Plant, employees there have the perception that their culture is quite unique because the atmosphere is very cheerful and friendly which allow everyone to be at ease with their work. The employees take pride in having the opportunity to express their opinions as well as their likes and dislike in their departmental meetings. BMW has proven to be a huge competitor in the auto industry with more than $60 billion dollars in sales, which is still much smaller than its American rivals. There are few companies that have been as consistent as BMW in integrating and producing its ever-changing product line, with its luxurious features and its unmistakable quality. Much of BMW’s highly rated success stems from an entrepreneurial culture that is rare in most corporations but is common in the ideology that the Germanys believe in. With diversity being a priority for the BMW Company still over three quart... ... one can be and making those around them be the best they can be as well. Also when one has a product that is second to none and one can be a part of a team that done so will give one a since of proud as that the BMW founders have in themselves and what they are able to build. Working in such an environment where diversity is what shows the people who they are and what they have done to make their product on the cutting edge of technology and performance will be an identity that one will be able to walk with your head held high knowing that they are the best. Works Cited Alvesson Mats & Berg Per Olof(1992). Corporate Culture and Organizational Symbolism. Berlin: Walter de Gruyter& Co Bang Henning(1999). Organisationskultur. Lund Studentlitteratur Hofsted, Geert(1991). Cultures and Organizations Software of the mind. McGraw Hill International UK

Managerial Skills – Essay

This essay will argue that without good managerial skills, a business is far from becoming successful. Firstly, this essay will discuss the importance of: communicating with foreign colleagues, wielding dealt Influence and delving attention deliberately to enhance proficiency of the workers, Secondly, It will evaluate and analyses how effective the three skills are In today's dynamic work environment. Based on some examples, the problems faced by managers will be transparent, and what precautions need to be taken should also be visible to help improve managerial skills.Communication for managers is the most important skill managers need to adapt fore any other skill because, if a manager is not flawless in communicating with colleagues or workers, then simply a manager has failed to be a manager. Communication is essential for effective functioning in every part of an organization which will facilitate organizational success (Effective Communication in the workplace, 2012). For examp le, Millions, (2012), a Korean CEO running a software company In Shanghai Is facing difficulties In retailing the Chinese workers.The mall problem faced by the CEO is language barrier so the decision- making process becomes tough for the CEO. Due to this effect, there will be an unskilled management team and this may result in boredom of the workers, delay in organizations project deadlines, reduced profits and lastly goodwill of the organization will be hampered. Without communication in today's environment, managerial work is not tough, it's merely impossible. Communication may be of two types, it may be verbal or non- verbal, managers need to be effective on both cases.Managers should be able to communicate non-verbally as good as they may communicate verbally. This is because sometimes agreements between businesses are sometimes done non- urbanely, In this case managers should be able to set out clearly his requirements and the terms and conditions of the agreement and also unde rstand clearly the opposing terms and conditions, otherwise the manager will cause a great mishap for the business and this will result in an adverse effect on reputation for the manager.A When all members of a team, department, or organization are able to communicate effectively with each other and with people outside their group, they are much more likely to perform well. The successful manager, therefore, needs effective communication skills in order to have a good workplace, become successful and attain the goals of the organization. Even though communication is the most important factor for a success seeking manager, nowadays digital influence is also one of the main factors which need to be taken into consideration by the managers.Technology in the workplace allows businesses to expand quickly and efficiently. Business technology such as video conferencing, social networks and virtual office technology has removed workplace boundaries that previously limited business expansion . With business technology, companies can target a wider customer base and grow to higher levels. A manager deeds to be flexible/adaptable to change in different environments (Required skills of a manager, 2012). A manager who is not familiar with latest technology, there will be less room for improvement for the organization.Most work nowadays is being done electronically, data analysis is done electronically and because of technology, information has become readily available to make better decisions and improvements. Digital influence has actually reduced the per head workforce needed at an organization, this means, a work that used to take two to three people to get done now can be done by one person using a computer. Office technology saves time by speeding up the work flow process. Technology systems save space, paper and printing costs. The use of computer systems allow corrections to be made instantly.Resources like electronic files and access to information technology are av ailable with the click of a button. By reducing the number of workers and using more technology, expenses for the organizations will fall resulting in increased profits. Technology in the workplace practically eliminates space and time. Video conferencing technology lets businesses on any part of the globe interact with one another. Technology reduces travel costs because businesses can set up virtual meetings and distribute data without the need to be in the same room. Technology allows businesses to establish a global presence at a fraction of the cost.Cromwell, (2009), sates a very important fact, ‘The role that technology plays for the business sector cannot be taken for granted. If we were to take away that technology trade and commerce, the world will come to a standstill and the global economy would collapse'. It is almost impossible to conduct a business without the use of technology. A simple example an be used, Dreamers, the founder and chief technology officer of Hu bbubs (web marketing company) has 216,000 Linked group for entrepreneurs and 98,000 twitter followers. How is this relevant to digital influence?Well, Dreamers uses his Linked members to get multi-rater feedback from other entrepreneurs for Stack overflow and also hosts Q community through where he gets valuable information for improvements. By doing this, Dreamers has managed to build his reputation, specialization and network position to one of the world's best marketing company (3 Management Skills every 21st century manager needs, 2012). This is why digital influence is necessary for every manager to become successful and achieve the Lastly, dividing attention deliberately, in other words attention to detail is also important for managers.At work places, people's minds normally drift away, this is normal as our minds are meant to multi task. Research has shown that internal factors (business related stress) rather than external factors (social stress) cause distractions. How can this be resolved? Managers need to focus on detail and make a job as less stressful as possible for employers, like when an employee takes a break o use social networks like Backbone or Twitter at a workplace, normally managers don't accept this type of behaviors, they consider it distracting. Actually, a study at the University of Melbourne of 300 students resulted in a really fascinating outcome.It showed that even though people use internet at workplace for socializing, their productivity increases by 10% (3 Management Skills every 21st century manager needs, 2012). There are other ways managers could actually increase effectiveness to become successful. Managers could have regular meetings with staff members, insult why there is a lack of performance, create pairs of employees so they may double-check work for errors and also managers may provide incentives for toughness (How to improve attention to detail in employees, 2012).Managers need to create a friendly environment for w orkers so they are not undermined by stress. Managers need to think from the organizations perspective, how the goals can be achieved and how effectively and efficiently they can be achieved. Managers to have a great skill for dividing attention deliberately, which is known as ‘Satisfying sessions', this means choose the first satisfactory alternative that comes to their attention and allocate work accordingly (Shoehorning, p. 75).Three major abilities managers need to consider in order to become successful: communicating effectively, technology innovation, and attention to detail. To conclude, managers who do not have the skills cited above will have a hard time in coping with the business world today, managers are responsible for making sure that this happens. If a team is working really hard but not delivering what is needed, then they are not effective. Effectiveness is measured by setting out clear objectives before work starts and then evaluating whether the objectives h ave been met or not.Managers not only need to be good at what they do, but their level of communication should be high in order to be an effective manager and by acquiring the three key skills, managers are well set off to becoming prosperous. In management, operating in efficient and in effective ways is a key to good performance and to successfully reaching the goals set for the business. Looking at the interplay of the two characteristics can give a clear insight into the ideal behavior for a successful anger when faced with tasks which must be completed quickly, but also completed in such a way that the key goals are attained.

Principles of accounts Essay

I would like to express my sincere gratitude to all the persons who have been helpful towards the successful completion of this assignment. First and foremost I would like to thank Shadae Russell, Shakeyra Millington, Jonathon Butler and Ovasha Bartley for their support and assistance towards carrying out the research to complete this assignment. Secondly I want to thank my guardians for providing me with the suitable materials to finalize this assignment. I would also like to thank Mrs. K. Elliot for her assistance and guidance in completing this project. Last but certainly not least I would like to thank God for his extended mercies unto me. Introduction This assignment is about a business that started approximately three (3) years ago which is situated in a busy area that allows it to generate large amounts of money each day to carry out its operations. This assignment contains all the information about this Blanna’s Fashion Boutique business. The information which this assignment contains includes the financial records for the period ending September 30 2011. This assignment serves to keep track of all the money that goes inside the business bank account, all the cash which the business uses within visiting the business bank account, all the money that goes outside of the business bank account, all the money that came into the business by cash and not with the use of cheques and the purposes for each transaction. Therefore this assignment provides a clear understand of all the operations the business under goes on a day to day basis. Table of Contents Headings Page # Cover Page I Title PageII AcknowledgementIII Introduction IV Aim of the Project1 Description of Business Entity 2 Mission Statement 3 Logo and Slogan 4 Accounting Cycle 5 Accounting Information Journals 6-7 Cash Book 8 Ledgers 9-13 Trial Balance 14 Stock Valuation 15-19 Trading, Profit and Loss and Appropriation A/c 20-21 Balance Sheet 22 Bank Reconciliation Statement 23 Accounting Ratios 24-25 Performance of the Business 26 Comparisons 27 Recommendations and Suggestions 28 Conclusion 29 Appendix Price list (showing mark up %) 30 Diagrams Charts and Graphs Pictures Invoices, Cheques, Receipts etc References Aim of the Project The aim of this project is: To arrive at a comprehensive understanding of the financial sector of businesses. To highlight the strength and the weaknesses of the Blanna’s Fashion Boutique business. To present the financial records for the year ended September 30, 2011 for Blanna’s Fashion Boutique business. Description of Business Entity Blanna’s Fashion Boutique is a partnership. This business is owned and operated by Anna Kay Blake, Shadae Russell and Ovasha Bartley a Group of ambitious young ladies. Our main aim is to make a profit while catering for the needs of the community which it is situated in. Blanna’s Fashion Boutique is situated in Montego Bay at the Blue diamond plaza 10 Pearl Street. This business has been in existence since June 20, 2008. We employ approximately fifteen (15) workers. We cater for the petite to the full figured women. We produce a wide variety of slippers, pants, skirts, handbags and accessories. Prices are always lower than that of our competitors. In cases of fashion emergencies you can call us at (1876) 3553980/4275646 or email us at Blanna’s_EmergencyStop5@yahoo. com. The mission of Blanna’s Fashion Boutique is to: Provide the latest fashion for all females Provide goods and services at a reasonable cost Ensure that the quality of our goods meets the standards of our business. Ensure that whatever the business do doesn’t affect the environment negatively. Provide employment for members of the community Provide sponsors to underprivileged children Logo and Slogan Logo Slogan With passion we send out the latest fashion Accounting Cycle General Journal Date Details Folio Debit Credit September 1 Bank CB01 364000 Cash CB01 27160 Debtor (J. Simpson) SL01 31600 Motor Van GL02 62840 Building GL03 100000 Stock 24960 Creditor (Super Supreme) PL01 10560 Capital GL01 600000 Opening entries 610560 610560 Purchase journalPage 01 Date Details Folio Amount 1-Sep Super Supreme International PL01 237,040 27-Sep Super Supreme International PL01 57,960 Sep 30 Total credit purchases to be transferred to the purchases account in the general ledger GL02 295,000 SALES JOURNAL Date Details Folio Amount 5-Sep J. Simpson SL01 57000 13-Sep B. Banton SL03 78,550 20-Sep N. Kidman SL02 104,400 Sep 30 Total credit sales to be transferred to the sales account in the general ledger GL13 239,950 RETURN OUTWARDS JOURNAL Date Details Folio Amount 9-Sep Super Supreme International PL01 13,600 Sep 30 Total return outwards to be transferred to the return outwards account in the general ledger GL16 13,600 Return Inwards Day Book Date Details Folio Amount 24-Sep B. Banton SL03 16,800 30-Sep N. Kidman SL02 9,600 Sep 30 Total goods returned to us to be transferred to the return inwards account in the general ledger GL15 26,400 Cash Book Date Details Folio Discount Allowed Cash Bank Date Details Folio Discount Received Cash Bank September 1 Balance b/d GJ01 27,160 364,000 September 1 Machinery GL3 48,000 September 2 Bank C 50,000 2 Cash C 50,000 3 Sales GL13 59,350 3 Rent GL4 30,000 7 Sales GL13 37,750 6 Fixtures GL5 65,000 18 J. Simpson SJ01 12,000 45,000 8 Wages GL12 10,000 29 B. Banton SJ03 6,175 55,575 11 Insurance GL6 6,100 30 Sales GL13 120,540 11 Electricity GL7 3,300 11 Rates GL8 2,600 15 Super Supreme International PL01 7,500 142,500 15 Wages GL12 10,000 16 Drawings GL10 6,200 19 Furniture GL11 3,600 22 Wages GL12 10,000 29 Wages GL12 10,000 30 Balance c/d 123,075 239,000 18,175 350,375 409,000 7,500 350,375 409,000 General Ledger Date Details Folio Amount Date Details Folio Amount Capital A/C Page 01 September 31 Balance c/d 600,000 September 1 Balance b/d GJ01 600,000 October 1 Balance b/d 600,000 Motor Van A/C Page 02 September 1 Balance b/d GJ12 62,840 September 30 Balance c/d 62,840 October 1 Balance b/d 62,840 Buildings A/C Page 03 September 1 Balance b/d GJ01 100,000 September 30 Balance c/d 100,000 October 1 Balance b/d 100,000 Machinery A/C September 1 Bank CB01 48,000 September 31 Balance c/d 48,000 October 1 Balance b/d 48,000 Rent A/C September 3 Bank CB01 30,000 September 30 Profit & Loss 30,000 Fixtures A/C September 6 Cash CB01 65,000 September 31 Balance c/d 65,000 October 1 Bal b/d 65,000 Insurance A/C September 11 Bank CB01 6,100 September 30 Profit & Loss 6,100 Electricity A/C September 11 Bank CB01 3,300 September 30 Profit & Loss 5,500 30 Accruals c/d 1,200 5,500 5,500 October 1 Accruals b/d 1200 Rates September 11 Bank CB01 2,600 September 30 Profit & Loss 2,600 Drawings September 16 Cash CB01 6,200 September 30 Balance c/d 6,200 September 30 Balance b/d 6,200 Furniture September 19 Cash CB01 3,600 September 30 Balance c/d 3,600 October 1 Balance b/d 3,600 Wages September 8 Bank C01 10,000 September 31 Profit & Loss 40,000 15 Cash C01 10,000 22 Bank C01 10,000 29 Bank C01 10,000 40,000 40,000 Sales September 30 Trading Account 457,590 September 3 Cash CB01 59,350 September 7 Cash CB01 37,750 September 30 Cash CB01 120,540 September 30 Total Credit Sales SJ01 239,950 457,590 457,590 Purchases September 31 Total Credit Purchases PJ01 295,000 September 31 Trading Account 295,000 Return Inwards September 31 Total for month RI01 26,400 September 31 Trading Account 26,400 Return Outwards September 31 Trading Account RO01 13,600 September 31 Total for month 13,600 Discount Allowed September 30 Total Discount Given to customers 18,175 September 30 P & L 18,175 Discount Received September 30 P & L 7,500 September 11 Super Supreme International 7,500 Purchases Ledger Super Supreme International September 9 Return Outwards RO01 13,600 September 1 Balance b/d GJ01 10,560 15 Bank CB01 142,500 1 Purchases PJ01 237,040 15 Discount Received CB01 7,500 27 Purchases PJ01 57,960 30 Balance c/d 141,960 305,560 305,560 October 1 Balance b/d 141,960 Sales Ledger J. Simpson September 1 Balance b/d 31,600 September 18 Discount Allowed CB01 12,000 September 5 Sales SJ01 57,000 September 18 Bank CB01 45000 September 30 Balance c/d 31,600 88,600 88,600 October 1 Balance b/d 31,600 N. Kidman September 20 Sales SJ01 104,400 September 30 Return Inwards RI01 9,600 September 30 Balance c/d 94,800 104,400 104,400 October 1 Balance b/d 94,800 B. Banton September 13 Sales SJ01 78,550 September 24 Return Inwards RI01 16,800 September 29 Discount Allowed CB01 6,175 29 Cash CB01 55,575 78,550 78,550 Trial Balance Blanna’s Fashion Boutique Trial Balance as at September 30, 2011 Details Debit $ Credit $ Capital 600,000 Motor Van Buildings 100,000 Machinery 48,000 Stock 24,960 Rent 30,000 Fixtures 65,000 Sales 457,590 Purchases 295,000 Cash 123,075 Bank 239,000 Wages 40,000 Return Outwards 13,600 Super Supreme International 141,960 Electricity 3,300 Insurance 6,100 Rates 2,600 Furniture 3,600 Drawings 6,200 Return Inwards 26,400 N. Kidman 94,800 J. Simpson 31,600 Discount Received 7,500 Discount Allowed 18,175 1,220,650 1,220,650 Stock Valuation (A) Pants Date Received Issued Balance Quantity Unit Price Amount Quantity Unit Price Amount Quantity Unit Price Amount 1-Sep 12 900 10,800 1-Sep 96 1,000 96,000 12 96 900 1,000 10,800 96,000 3-Sep 12 12 900 1,000 10,800 12,000 84 1,000 84,000 5-Sep 12 1,000 12,000 72 1,000 72,000 13-Sep 24 1,000 24,000 48 1,000 48,000 20-Sep 24 1,000 24,000 24 1,000 24,000 27-Sep 36 1,100 39,600 24 36 1,000 1,100 24,000 39,600 30-Sep 24 12 1,000 1,100 24,000 13,200 24 1,100 26,400 (B) Blouse Date Received Issued Balance Quantity Unit Price Amount Quantity Unit Price Amount Quantity Unit Price Amount 1-Sep 12 400 4,800 1-Sep 96 440 42,240 12 96 400 440 4,800 42,240 5-Sep 12 12 400 440 4,800 5,280 84 440 36,960 13-Sep 24 440 10,560 60 440 26,400 20-Sep 36 440 15,840 24 440 10,560 30-Sep 12 440 5,280 12 440 5,280 (C ) Handbag Date Received Issued Balance Quantity Unit Price Amount Quantity Unit Price Amount Quantity Unit Price Amount 1-Sep 4 1,600 6400 4 1,600 6,400 3-Sep 1 1,600 1,600 3 1,600 4,800 7-Sep 1 1,600 1,600 2 1,600 3,200 13-Sep 1 1,600 1,600 1 1,600 1,600 27-Sep 4 1,650 6,600 1 4 1,600 1,650 1,600 6,600 30-Sep 1 3 1,600 1,650 1,600 4,950 1 1,650 1,650 (D ) Skirts Date Received Issued Balance Quantity Unit Cost Amount Quantity Unit Cost Amount Quantity Unit Cost Amount 1-Sep 12 780 9,360 1-Sep 60 820 49,200 12 60 780 820 9,360 49,200 3-Sep 12 780 9,360 60 820 49,200 7-Sep 12 820 9,840 48 820 39,360 13-Sep 12 820 9,840 36 820 29,520 30-Sep 24 820 19,680 12 820 9,840 (E) Slipper Date Received Issued Balance Quantity Unit Price Amount Quantity Unit Price Amount Quantity Unit Price Amount 1-Sep 48 900 43,200 48 900 43,200 5-Sep 12 900 10,800 36 900 32,400 7-Sep 12 900 10,800 24 900 21,600 20-Sep 24 900 21,600 27-Sep 12 980 11,760 12 980 11,760 Trading, Profit and Loss and Appropriation Account Blanna’s Fashion Boutique Trading Profit & Loss Account for the year ended September 30, 2011 $ $ $ Sales 457,590 Less Return Inwards (26,400) Net Sales 431,190 Less Cost of Goods Sold: Opening Stock 24,960 Purchases 95,000 Less Return Outwards (13,600) Net Purchases 281,400 Cost of Goods Available 306,360 Less Closing Stock (54,930) 251,430 Gross Profit 179,760 Add Revenues Discount Received 7,500 187,260 Less Expenses Wages 40,000 Rent 30,000 Electricity 4,500 Insurance 5,100 Rates 2,600 Depreciation 400 Discount Allowed 18,175 100,775 86,485 Net Profit Add interest on Drawings: Shadae 620 Less: 85,865 Interest on capital Anna kay 12,500 Shadae 7500 Ovasha 10,000 30,000 Salary: Anna kay 12,000 42,000 43,865 Share of Profit: Anna kay 18,277. 08 Shadae 10966. 25 Ovasha14,621. 67 43,865 Balance Sheet Blanna’s Fashion Boutique Balance Sheet as at September 30, 2011 Fixed Assets Cost Accumulated Depreciation NBV Buildings 100000 100,000 Fixtures 65000 65,000 Machinery 48000 400 47,600 Furniture 3600 3,600 Motor Car 62840 62,840 400 279,040 Current Assets Stock 54,930 Debtors 126,400 Prepayment 1,000 Bank 239,000 Cash 123,075 544,405 Less Current Liabilities Creditors 141960 Accruals 1,200 143160 Working Capital 401,245 680,285 Financed by: Capital 600,000 Net Profit 86,485 686,485 Less Drawings 6,200 680,285 Bank Reconciliation Statement Updated Cash Book Balance b/d 239,000 Bank Charges 65 Credit Transfer 4200 Standing Order 15000 Balance c/d 228,135 243200 243200 Bank Reconciliation Statement as at September 30, 2011 Balance as per Bank Statement 222,535 Add Late Lodgments 45,000 267,535 Less Unpresented Cheque 39,400 Balance as per Cash Book 228,135 Accounting Ratios Inventory Turnover Ratio- Cost of Goods sold Average Inventory/2 =244,470 24960+61890/2 =5. 62 Current Ratio- Current assets Current Liabilities =551365 143160 =3. 85 Gross profit as a percentage of sales- Gross profit x 100 Sales =179,760 x 100 457590 = 39. 28% For every sale of $100 the business earns $39. 28 as gross profit. Net profit Ratio- Net profit / Net sales x l00 =86,485 / 431,190 x 100 =20. 06% For every sale of $100 the business earns $20. 06 as net profit. Acid Test Ratio- Current Assets- Stock Current liabilities = 544,405 – 54,930 143160 =3. 42 Performance of the Business In preparing the financial statements of Blanna’s Fashion Boutique the Trading, profit and loss and appropriation account shows a profit of eighty six thousand four hundred and eighty five thousand dollar (86,485) at the end of the financial period of September 30,2011. The business started out with six hundred thousand dollar. In the closing of the financial period of Blanna’s Fashion Boutique there was an increase in the amount of capital that the business has. The business made a gross profit of one hundred and seventy nine seven hundred and sixty dollars (179,760) instead of making a gross loss. Comparisons The comparison is being done between the opening capital and the closing capital for Blanna’s Fashion Boutique, at the end of the financial period. At the beginning of the financial year the opening capital was six hundred thousand dollar (600,000). At the end of the financial period the closing capital is six hundred and eighty thousand two hundred and eighty five dollar (680,285) which means there is an increase of eighty thousand two hundred and eighty five dollar (80,285). Another comparison is being done between the fixed assets of the business and the current assets. The fixed asset of the business is two hundred and seventy nine thousand and forty dollar (279,040) while the current asset is five hundred and forty four thousand four hundred and five dollars (544,405). This means that the amount of money that the business spend of items that stays in the business with no intention of selling it is lesser than the amount of money that the business spend on assets that will allow the business to generate a profit. Recommendations and Suggestions It is recommended that Blanna’s Fashion Boutique: Ploughed back a portion of the profit that the business makes into it. Introduces new products to the business. Purchase new equipment for the business Uses some of the profit that the business makes to attach another department on to the business. It is suggested that Blanna’s Fashion Boutique should: Purchase cheaper equipments to use in the business. This will increase the amount of money available in the business. Offer more sale discounts this will force more customers to purchase from Blanna’s Fashion Boutique. Conclusion It is clear that Blanna’s Fashion Boutique keeps all the records of the transactions that take place in the business over the financial period of time. Blanna’s Fashion Boutique could increase the gross profit and net profit of the business by adhering to the suggestions or recommendations outlined. Never the less Blanna’s Fashion Boutique made a good net profit of eighty six thousand four hundred and eighty five dollars (86,485) during the month of September in 2011. Blanna’s Fashion Boutique was able to make a profit due to the large amount of sales the business made. Price list Goods Price Pants $ Blouse $ Handbags $ Skirts $ Slippers $ INVOICE Debit note Principles of Accounts School Based Assessment (2012-2013) You are required to name the firm and state the nature of the business. This must be in accordance with the items sold*. After the initial accounting entries (Tasks 1 -3) have been completed you will then record the additional adjusting entries as set out at Tasks 4 and 5. You may choose goods from the following list for the transactions. * Computer Store Clothes and Accessories Store A Keyboard Pants (guess) B Mouse Blouse (guess) C Printer Hand bags (guess) D Surge Protector Skirts (guess) E Speakers Slippers (guess) ABC Enterprise (Remember that you are to rename the firm) The following transactions were taken from the books of ABC Enterprise. You are required to asses them carefully then write up the relevant books as outlined in the requirements below: 2011 Sept 1Opening Balances Capital$600, 000 Bank$364, 000 Cash$ 27, 160 Debtor (J Simpson)$ 31, 600 Creditor (Super Supreme International)$ 10, 560 Motor Van$ 62, 840 Building$100, 000 Stock 1doz A$ 10,800 1doz B $ 4,800 1doz D$ 9,360 Sept 1Bought goods on credit from Super Supreme International. 8 doz A @ $1,000 each 8 doz B @ $440 each 4 boxes C @ $1,600 each 5 doz D @ $820 each 4 doz E @ $900 each Sept 1Bought Machinery by cheque $48, 000. Sept 2Withdrew $50, 000 cash from the bank account to be used in the business. Sept 3Cash Sales 2 doz A @ $1, 650 each 1 box C @ $2, 950 each 1 doz D @ $1, 400 each Sept 3 Paid rent by cheque $30, 000. Sept 5 sold goods on credit to J. Simpson. 1 doz A @ $1, 650 each 2 doz B @ $800 each 1 doz E @ $1, 500 each Sept 6 Bought fixtures with cash $65, 000. Sept 7 Cash Sales 1 box C @ $2, 950 each 1 doz D @ $1, 400 each 1 doz E @ $1, 500 each Sept 8Paid wages $10, 000 by cheque. Sept 9Returned goods to Super Supreme International as items were damaged. 1 doz A 1 box C Sept 11Paid the following expenses by cheque: Insurance $6,100, Electricity $3,300 and Rates $2,600. Sept 13Sold goods on credit to B. Banton: 2 doz A @ $1, 650 each 2 doz B @ $ 800 each 1 box C @ $2, 950 each 1 doz D @ $1, 400 each Sept 15Made payment to Super Supreme International by cash $150, 000, received a 5% cash discount. Sept 15Paid wages with cash $10, 000 Sept 16Owner withdrew $6,200 cash to fix his personal motor car. Sept 18Collected Cheque from J. Simpson for goods sold on Sept 5th 2011, $45, 000. Sept 19Bought furniture $3,600 with cash from Courts Ja. Ltd. Sept 20Sold goods on credit to N. Kidman 2 doz A @ $1, 650 each 3 doz B @ $ 800 each 2 doz E @ $1, 500 each Sept 22Paid wages with cheque $10, 000. Sept 241 doz D returned to us by B. Banton as they were the wrong size. Sept 27Bought goods on credit from Super Supreme International. 3 doz A @ $ 1,100 each 4 boxes C @ $1, 650 each 1 doz E @ $ 980 each Sept 29B. Banton settled his account less 10% cash discount. He paid with cash. Sept 29 Paid wages $10,000 by cheque. Sept 30 Received goods from N. Kidman: 1 doz B Sept 30Cash Sales 3 doz A @ $1, 815 each 1 doz B @ $ 800 each 4 boxes C @ $3, 000 each 2 doz D @ $1, 400 each Task 1 Write up ALL Subsidiary Books and then post the transactions to the ledgers. Please ensure that you distinguish between, General Ledger, Sales Ledger and Purchases Ledger. Show the opening entries in the General Journal at September 1, 2011. Task 2 Prepare ABC Enterprise Trial Balance as at September 30, 2011 Task 3 Using the FIFO method of stock valuation, determine the closing stock. Task 4 Design a logo and slogan for your business and provide the relevant information on the business entity Prepare ABC Enterprise Trading, Profit and Loss Account for the month ending September 30, 2011 and a Balance Sheet as at that date, after taking into account the following: a) Insurance expense was paid in advance, $1000. b) Electricity was outstanding by $1, 200 c) Machinery is to be depreciated at 10 % annually using the straight line method (show the depreciation for the month). Show adjustment to the above information in the ledgers. Task 5 Prepare the Bank Reconciliation Statement using the Bank Statement below Bank Statement DR CR Balance $ $ $ Sept 1 Balance 364 000 Sept 1 Burke’s (Machinery) 48 000 316 000 Sept 2 SNPN Ltd (Cash) 50 000 266 000 Sept 8 Wages 10 000 256 000 Sept 11 NWC (Rates) 2 600 253 400 Sept 20 Wages 10 000 243 400 Sept 24 Credit transfer (Q Smith) 4 200 247 600 Sept 29 Wages

Macbeth Importance Of Act 1 Essays - Characters In Macbeth

Macbeth Importance Of Act 1 Essays - Characters In Macbeth Macbeth Importance Of Act 1 William Shakespeare, famous English playwright, often started his plays with powerful scenes and mood-setting action. Act 1 of Macbeth, is no acceptation to the traditional important and exciting Shakespeare introductions. This act displays the deceptive environment in which Macbeth lives (which is a major theme in this play), depicts the characters personalities and motives, and finally portrays the constant struggle between good and evil. The first act of Macbeth is important as it draws interest to the play by revealing the forces of good and evil and a deceptive environment within society. By opening the play in this manner, Shakespeare entices his audience to maintain interest in the whole play as the outcome (Macbeths fate) is not clear. Macbeths world is a place where the good is bad and the bad is good. From the very first scene, the deception within Macbeths world is clearly defined. When the witches say fair is foul and foul is fair (1.1.11) in scene one, the plays theme is quickly introduced to the audience. The quick introduction of the deceptive world gives the audience excitement as they are left in suspense. One cannot readily determine who the good and bad characters are for the remainder of the play. During scene two the audience starts to become more familiar with Macbeth as an army captain recounts Macbeths courageous efforts in the war in support of king Duncan. The general, talking about Macbeth, says, If I say sooth, I must report they were/ As cannons overcharged with double cracks, so they/ Doubly redoubled strokes upon the foe/ (1.2.36-38). Through this, Macbeth is portrayed as a valiant soldier. In scene one, the witches present a world in which the forces between good and evil are not easily iden tified. Macbeth is described as a valiant and noble person however the audience cannot simply accept this to be true (because fair is foul and foul is fair). Lady Macbeth is portrayed as a very well mannered and well-groomed housewife when in reality, she is an evil witch. When King Duncan comes to the Macbeth residence, she seems as though she is happy and delighted to see the king saying, All our service/ In every point twice done and then done double/ (1.6.14-15). Lady Macbeth demonstrates hypocritical traits through her behavior, actions and speech. The audience is introduced to the interesting idea that a housewife could force her will upon a supposedly strong-minded husband (In Elizabethan times, women were portrayed to be weaker than men as the men were the workers who provided for their family). Act 1 of Macbeth presents and demonstrates a world full of deception. The uncertainty and inconsistency in the characters keep interest level up and the audience on the edge of their seats. The audience is forced to think about the concept of good and evil. This mental involvement in the play draws a lot of interest to the play and also forces the audience to think carefully before judging each character. The main characters in Macbeth are very exciting and interesting, showing many human traits and emotions (such as deception and ambition) which the audience can identify with. When the audience can put themselves in the situation of a character, this intensifies interest. Macbeth, the major character of this play is clearly described as a man with conflicting sides to his personality. Macbeth is also thoroughly described and has obvious depth in his character. Macbeth seems to be a loyal and gallant hero as he is describe by the king as the worthiest cousin (1.4.17). However, Macbeths loyalty is obviously not true when he, talking to himself, says, Prince of Cumberland! That is a step/ On which I must fall down or else oerleap,/Let not light see my black and deep desires. (1.4.55-56,58). Macbeths deceiving thoughts make his character interesting and appealing as his ambition to become king (top of social ladder) is, no doubt, similar to the ambitions of most people (to become powerfu l, rich and respected). Lady Macbeth is a very interesting character as she exhibits a character with both good and evil components. When Lady Macbeth greets the king in scene 6, she seems to be a good hostess and

Say What You Mean

Say What You Mean Say What You Mean Say What You Mean By Michael One of the most influential teachers of writing was Rudolf Flesch. I encountered him through an out-of-print book called On Business Communications, formerly titled Say What You Mean. Only later did I discover that he also wrote the 1955 educational critique Why Johnny Cant Read. His other titles include The Art of Plain Talk, The Art of Readable Writing, How to Write Better you get the idea. Flesch practiced what he preached: everything Ive read by him was superbly readable, even entertaining. Throughout most of On Business Communications, Flesch fights a battle against business and government communication that is formal for its own sake, neglecting the very purpose of communication, which is to say something. We all tend to write the way we think were expected to write, instead of pondering the best way to meet our readers needs. Flesch fought the common belief that official writing must be boring or stuffy, or else nobody will respect it. The documents of the U.S. Social Security Administration became a little easier to read after they hired Rudolf Flesch as a consultant. Flesch was a pioneer of readability testing. His simple Flesch–Kincaid Readability Tests are still used by educators to assign appropriate grade levels to reading material. The more syllables in a word, the more words in a sentence, the more difficult an article is to read. You can test the readability of any web page against Fleschs formula at Juicy Studio. But readability goes beyond mathematical calculations. How a reader feels about an article influences whether he or she will understand it or even finish reading it. When people open a new book or magazine, they may subconsciously scan it to see if its reader-friendly. Do they see lots of periods? That means short sentences. Lots of white space? That may mean short paragraphs. Do they see exclamation points and question marks? That means that it isnt straight, routine exposition. A potential reader may subconsciously look for personal pronouns. That actually increases readability, because it suggests that the author is writing about people, and people are interesting. Does the book or article contain vocabulary that you wouldnt expect to see, such as the word puppy in a chemistry article? That suggests that it contains metaphors and analogies, which are easier to understand, and not just chemical formulas. Does it contain specific nouns at all? Seeing the word Weimaraner in an article gives me more hope of an interesting read than dog or animal. Flesch taught the importance of personality and personal connection in writing. A reader is not merely a customer, he or she is a human being like yourself, looking for reassurance and connection. We all want to hear, Im sorry about that, I know what you mean, I found the answer to your question, I solved your problem, and Thank you so much! Sentences like those appear all too rarely in business and government writing, and Flesch said there is no good reason why they shouldnt. Flesch had a special gift for helping to simplify legal language and theres a special reason for that. In one instance, he condensed a paragraph of gobbledy-gook into something like, These people have owed you $10,000 for two months. If they dont pay by next month, I think you should sue. Many clients might worry whether writing so simple can still be legally binding. Not to worry. Before he came to the United States, Rudolf Flesch was a lawyer in Vienna. You can find the book on Amazon.com Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Book Reviews category, check our popular posts, or choose a related post below:12 Signs and Symbols You Should Know50 Idioms About Roads and PathsHow Do You Fare?

Business and Managerial Economics Essay Example | Topics and Well Written Essays - 2500 words

Business and Managerial Economics - Essay Example Trace the evolution of the rent and the quantity traded over time (in the long-run) (20 marks) An earthquake will affect not only the supply side but also the demand side of the housing market. On the supply side, the earthquake will reduce the supply of housing and, assuming that demand remained unchanged, the earthquake will lead to increases in rentals. However, demand does not remained unchanged in a major earthquake that caused significant damage to housing. Aftershocks take place and these sent jitters to consumers. City services like transport, electricity, and water are affected as well. Schools and workplaces may not be able to operate for some time. Thus, a major earthquake can send consumers to an exodus to locations safer from earthquakes and their aftershocks. In short, demand is affected as well. For this reason, it can happen house rent can remain unchanged or landowners may offer discounts to consumers. If demand is significantly reduced, house rent can even decrease and this seems to be the short-term effect in a strong earthquake everywhere. In the medium te rm as a location recovers from the earthquake, city and other services are restored and school/workplace operations normalize. But because supply is unable to respond quickly, housing supply may be fixed as demand is restored back to normal. Therefore, in the medium term, rentals may be higher than the immediate pre-earthquake levels. In this case, economic profit can be higher than normal and investors are encouraged to go into the housing sector. More housing units are built and the prices of house rentals decrease. The trend continues until the situation is normalized. This means that either house rentals are restored back to the pre-earthquake levels or the prices of rentals are back into the situation where economic profit is zero or â€Å"normal†. This discussion is similar to Varian (2005, p. 9). Restaurants that charge reasonable prices for food but