Tuesday, May 26, 2020

Coursework Writing Help Online - Is It Right For You?

Coursework Writing Help Online - Is It Right For You?Did you know that many universities now offer coursework writing help online? Some people still think that online tutoring can only be done by a tutor who is physically present. This is a misconception that is easily eliminated with the right preparation.There are actually plenty of different e-books and online courses available online. Before deciding on which one to choose, be sure to check them out first. Make sure that they have all the necessary support as well as content that are required. You need to also make sure that it is an accredited course.In addition to learning new coursework, you should also improve your understanding of what you are studying. Take some time to research for information about the subject you are currently studying. Whether it is math, biology, psychology, or chemistry, there is always something you need to know about. It is possible to complete this task in just a few days as long as you have the ri ght tools to do so.It's also important to realize that coursework writing help online is only one of the many ways to learn. There are many other ways as well. One of these is that you could use a live tutor on campus. The advantage of doing this is that you are free to work on your own time and you can attend a number of different classes.The disadvantage is that you will need to spend more money than if you paid a university instructors. This is because they are much more expensive. Of course, there are also some advantages for this method. The main thing that you should keep in mind is that you need to spend some money to save money.When you take the time to study about writing help, you may find that there are certain things that you have overlooked in the past. For example, the grammar and spelling could need some work. You may also need to prepare for lectures beforehand. This means that you will need to spend a little money to learn how to become better prepared.So, coursewor k writing help online may not be the right choice for you if you want to work from home. However, if you want to learn something that is fun, has to do with your favorite subjects, and you want to get paid, then maybe this might be the right option for you.

Monday, May 18, 2020

A Childs Self Esteem Essay - 814 Words

A Childs Self Esteem Many factors contribute to the mental state that forms as a child grows to become a young adult. His/her self-esteem, or lack of, is a key factor. Unfortunately, low self-esteem is more common than high self-esteem. Most cases of low self-esteem begin during the pre-teen and teenage years of a child’s life. These are the years containing the overwhelming pressures of high school. Teenagers are forced to cope with unmotivated teachers, ignorant peers, doubting parents, and possibly not knowing, or not being able to afford, the trends of the time. Such burdens are unmistakably the main causes of low self-esteem. Too often, teachers of all subjects lose their patience and desire to teach. When this†¦show more content†¦The most dangerous and influential type of peer pressure is found in high school among teenagers. That is the age when groups are distinctly labeled as the â€Å"jock group,† the â€Å"geek group,† the â€Å"popular group,† the â€Å"skater group,† or the â€Å"I-don’t-really-belong-to-a-group group.† These labels are unfortunate because they subtly, or sometimes directly, eliminate the individuality that teenagers are just discovering. Such labels also give certain groups superiority over others, in turn causing the others to feel inferior. More often than not, members of the â€Å"inferior† group are the ones to lose their self-esteem first. The â€Å"popular† students are surprisingly ignorant when it comes to the terms in which they discriminate against their â€Å"inferior† peers. â€Å"Name calling† begins as the incredibly smart kids are made fun of by being called â€Å"nerds† or â€Å"geeks,† the skaters are spoken of as â€Å"losers† or â€Å"weirdos,† and the jocks are deemed â€Å"stupid airheads.† All the while, every negative remark is directed toward a teenager who was already struggling to survive in the jungle that is high school. The opinion of a peer means a lot to all teenagers, and even more to those with little confidence, harsh words and actions only inflict more pain onto an already tormented person. However, not all pain is inflicted by words, sometimes it is the words not spoken that leads a teenager to doubtShow MoreRelatedSelf Awareness And Self Esteem907 Words   |  4 Pages Self-awareness, knowledge of oneself, can begin to grow as early as 12 months of age (Feldman, 2014). The notion of self-awareness in a child, can further develop into a form of self-esteem and self-concept within the child. In most cases, this knowledge of oneself, can play a critical role in a child’s development (Rochat, 2003). During the progression of middle childhood years, children can begin to develop a high or low self-esteem, otherwise known as a positive or negative self-evaluation (FeldmanRead MoreImportance And Usefulness Of Evaluating Self Esteem924 Words   |  4 Pag esevaluating self-esteem in children the authors Hosogi, Mizuho; Okada, Ayumi; Fuji, Chikako; Noguchi, Keizou; and Watanabe, Kumi focus on the child’s self-esteem. Children begin to develop their self-esteem in the environment they are raised. As the child built their self-esteem the child gains an understanding and the abilities to learn how to deal with conflict, decision making, the way they communicate, and how well they adapt in society. A child who cultivates a positive self-esteem is shelteredRead MoreFamily Integration and Childrens Self Esteem Essay example868 Words   |  4 PagesFamily Integration and Childrens Self Esteem The study of Family Integration and Children’s Self-Esteem that I examined was conducted by Yabiku, Axinn, and Thornton (1999). The term â€Å"family integration† is used to describe the extent to which individual lives are characterized by a high degree of family organization. This article examines the theory of family integration and the way in which the family social organization affects individuals. Discussion: It is hypothesized that when bothRead MoreBullying And Its Effect On Children s Development Essay1708 Words   |  7 Pagestypes of bullying from physical, social, verbal to cyber bullying. In this research paper, it will cover how bullying as a whole affects the child’s development. Bullying is typically a form of an ongoing aggressive behaviour intentionally directed at a certain individual or individuals to cause fear and harming towards the other person’s feeling or self-esteem by doing so, the bully can earn status and power. Even though, there are still many issues happening about bullying; bullying is still a hugeRead MoreEssay on Effects of Low Self Esteem on Children1300 Words   |  6 PagesThe Effects of Low Self Esteem on Children Aruna Kalicharan Psychology of Infancy and Childhood (DEP 2000), Section 01 Professor Lissette M. Saavedra April 24, 2001 What is Low self-esteem? In most cases, children with low self-esteem feel that the important adults and peers in their lives do not accept them, do not care about them very much, and would not go out of their way to ensure their safety and well-being. Negative self-esteem is related to low self-confidence, insecurity, underachievementRead MoreParental Involvement: Impact on a Child’s Education Essay781 Words   |  4 Pagesï » ¿ Parental Involvement: Impact on a Child’s Education Student’s Name University Affiliation Parental Involvement: Impact on a Child’s Education Providing for a family is a challenging task in today’s world. Parents work long hours to pay bills and ensure that their children live a comfortable life. As a result, most parents return home tired and with little energy or time to follow up on their children’s educational progress. Some parents delegate allRead MoreThe Importance of Self-Esteem in Child Development Essay1308 Words   |  6 PagesHow important is good self-esteem in the development of children: extremely important!! Having good self-esteem is a key component in the healthy development of children and adolescents (Nuttall, 1991). A person with high self-esteem feels like they can accomplish anything they set their minds to, whereas a person with low self-esteem feels that they are unimportant and nothing they do will make a difference (Nuttall, 1991). How a person feels about themselves affects how they will act, this isRead MoreThe Effects of Nature and Nurture in Middle Childhood1215 Words   |à ‚  5 Pagesyears of a child’s life. They are also known as the â€Å"school years.† During this time a child’s health, education, and emotional well being are all undergoing changes. Though not as drastic as the changes they will soon face in adolescence, they are steady, and the impact that nature and nurture will have on these aspects reach far and wide across the many developments they face in their lives. Heath is of the utmost importance in raising a child, and is the biggest factor of a child’s physicalRead MoreSelf Esteem By Carol Craig1090 Words   |  5 PagesSelf-Esteem can be harmful and make people very self centered, but others lack confidence and need a boost of self-esteem. Self-esteem is a very important factor in various reasons that happens in people’s daily life. With no type of thought people don’t think or take self-esteem with importance without realizing that self-esteem is a huge thing that us humans depend for our daily activities. Some shifts that have happened toward self- esteem over the past few decades were the fact that many peopleRead MorePsychological Perspectives of Understanding the Development of a Child’s Behavior1410 Words   |  6 PagesIntroduction This booklet will introduce you to the main psychological perspectives to the understanding of a child’s behaviour development. Each perspective will be described in as much detail as possible, and the theorist that are linked to them. The main perspectives are; * Psychodynamic * Freud * Behaviourist * Skinner * Cognitive * Piget * Humanist * Rogers, Maslow, Cooley and mead * Social learning The psychodynamic perspective This perspective

Saturday, May 16, 2020

Who Was Hercules in Greek Mythology

He was the Greek hero renowned for his strength and executive efficiency: his 12 Labors comprised a to-do list that would stymie a raft of lesser heroes. But they were no match for this determined son of Zeus. A favorite character in film, books, TV, and plays, Hercules was more complicated than most realize; an immortal hero on which nobility and pathos were writ large. The Birth of Hercules The son of Zeus, the king of the gods, and the mortal woman Alcmene, Heracles (as he was known to the Greeks) was born in Thebes. Accounts vary, but all agree that Alcmenes labor was a challenge. The goddess Hera, wife of Zeus, was jealous of the child and attempted to do away with him before he was even born. She sent serpents into his crib when he was just seven days old, but the newborn happily strangled the snakes. Alcmene tried to get ahead of the problem and bring Hercules to Hera directly, leaving him at the doorstep of Olympus. Hera unwittingly suckled the abandoned babe, but his superhuman strength caused her to cast the infant from her breast: The spittle of goddess-milk that ensued created the Milky Way. It also made Hercules immortal. Myths of Hercules This heros popularity is unmatched in Greek mythology; his greatest adventures have been cataloged as the 12 Labors of Hercules. These included slaying terrible monsters such as the Hydra, the Nemean Lion, and the Erymanthean Boar, as well as completing impossible tasks such as cleaning the vast and filthy stables of King Augus and stealing the golden apples of the Hesperides.  These and other tasks were devised by King Eurystheus, Hercules cousin, who was appointed by the Oracle at Delphi his taskmaster after the hero, in a misbegotten rage, killed his own family. Eurystheus also dubbed him Heracles — the Glory of Hera — as an ironic jab at the hero and his Olympian nemesis. Hercules figured in a second suite of adventures, called the other labors the Parerga. He also was a companion of Jason on the Argonauts quest for the Golden Fleece. Ultimately, Hercules was deified, and his cult spread throughout Greece, Asia Minor, and Rome. The Death and Rebirth of Hercules One of the Parerga relates of Hercules battle with the centaur Nessus. Traveling with his wife Deianeira, Hercules encountered a raging river and a wily centaur willing to take her across. When the centaur forced himself upon Deianeira, Hercules slew him with an arrow. Nessus convinced the woman that his blood would render her hero forever true; instead, it poisoned him with a living fire, until Hercules begged Zeus to take his life. With his mortal body destroyed, Hercules immortal half ascended to Olympus. Sources The Library of (Pseudo-)Apollodorus, Pausanias, Tacitus, Plutarch, Herodotus (Hercules worship in Egypt), Plato, Aristotle, Lucretius, Virgil, Pindar and Homer.

Wednesday, May 6, 2020

Human Trafficking Is A Grave Crime And A Serious Violation...

Humana Trafficking Introduction Human trafficking refers to the practice of recruiting, transferring, transporting, receiving, or harboring people through the use of force, threat, or other forms of abduction, coercion, deception, fraud, as well as abuse of power or vulnerability position (Segrave 2). Human trafficking is a grave crime and a serious violation of human rights as it involves a broad range of human exploitations, including forced labor, sexual exploitation, slavery practices, as well as servitude acts (Arhin 78). Several women, men, and children fall into the traffickers hands both in their countries and abroad. In fact, almost every world s country is affected by acts of human trafficking, either as a country of origin,†¦show more content†¦According to ILO s estimation, about 22 million victims of human trafficking are trapped in modern-day slavery (Segrave 4). According to ILO, about 68 percent of such victims get exploited for labor, 22 percent get sexually abused, and 10 percent underg o state-imposed forced labor. Besides, human trafficking stands as one of the fastest-growing trans-national criminal activities today despite being condemned by international conventions as a violation of human rights (Segrave 6). Additionally, according to ILO, about 400,000 people enter into Europe annually as illegal immigrants, while about 850,000 find their way into the United States annually as a result of human trafficking (Davy 322). The United States recently approximated that 700,000 to 900,000 people get trafficked internationally every year, of which 50 percent are minors, 80 percent are women, with about 75 percent of the females getting smuggled for commercial sexual exploitation. Human trafficking is, therefore, a widespread activity that significantly affects the most vulnerable group in the society such as women and children (Davy 323). Why I am Against Human Trafficking Human trafficking has become a global industry that incorporates millions of people every year and generates billions of dollars in annual turnover despite being an illegal practice. Human trafficking result in aShow MoreRelatedSex Trafficking : A Serious Crime And A Grave Violation Of Human Rights1876 Words   |  8 Pages Human trafficking is â€Å"a serious crime and a grave violation of human rights† according to the United Nations Office on Drugs and Crime (What is Human Trafficking - UNODC). Sex trafficking is also recognized as the sexual exploitation of human rights, especially those of women and children (UNODC). Sex trafficking and sex work are major issues within feminist debates with differing opinions. Due to its underground and discreet nature, it is difficult to determine how prevalent it is and what differentRead MoreHuman Trafficking587 Words   |  3 PagesHuman Trafficking Human trafficking is a major problem in the world that I am passionate about. Every country in the world is affected by trafficking, whether as a country of origin, transit, or destination for victims. Article 3, paragraph (a) of the  Protocol to Prevent, Suppress and Punish Trafficking in Persons  defines Trafficking in Persons as  the recruitment, transportation, transfer, harbouring or receipt of persons, by means of the threat or use of force or other forms of coercion, of abductionRead MoreThe Problem Of Human Trafficking1168 Words   |  5 Pageswe know today as human trafficking. The trafficking in persons is a form of modern day slavery, and exploits it’s victims into a slavery type setting such as manual labor or for commercial sex purposes. Many adults and elderly make up a great number of the humans that are trafficked each year, but the general population is children since they are usually helpless and are easier to manipulate since they are still in the ag es of learning. Trafficking people is a very serious crime and a steadily growingRead MoreHuman Trafficking Is An Illegal Movement Of People986 Words   |  4 PagesINTRODUCTION: Human Trafficking is an illegal movement of people for the purpose of forced labour or sexual exploitation. Millions of people from around the globe have been captured and caught to undergo activities against their will mainly for the act of slavery or pleasure and prostitution.Human Trafficking is a criminal industry stripping people of life and freedom. To this day, human trafficking is happening around the globe and numbers of victims are increasing up until this generation. NeverthelessRead MoreIts Time to Stop Child Trafficking Essay examples1663 Words   |  7 Pagesorganization and active in more than 190 countries and territories through country programmes and National Committees â€Å"The huge transnational industry of trafficking in human beings generates approximately up to $10 billion per year† (www.unicef.org). Even though child trafficking is an illegal and underground trading, there are still huge numbers of child trafficking by we are known. Nowadays, most cou ntries have better laws to protect their own citizens. Moreover, as time goes by, people are receiving a higherRead MoreHuman Trafficking : The Violation Of Human Rights1494 Words   |  6 PagesHuman Trafficking What is the most basic of all human needs? One might answer food, water, and shelter. What is the most basic of all human rights? It should go without saying that the most basic of all human rights is freedom or personal liberty rather than bondage or slavery. If being free rather than in bondage is a human right, why is it that so many are held in bondage against their will? United Nations According to the United Nations website, Human Trafficking is defined as: The recruitmentRead MoreSex Slavery And Human Trafficking2202 Words   |  9 Pages Sex Slavery and Human Trafficking in Nigeria Ramapo College of New Jersey Kaitlyn Cestaro Human Trafficking is defined in article 3, paragraph (a) of the Protocol to Prevent, Suppress and Punish Trafficking in Persons, as the recruitment, transportation, transfer, harbouring or receipt of persons, by means of the threat or use of force or other forms of coercion, of abduction, of fraud, of deception, of the abuse of power or of a position of vulnerability or of the giving or receivingRead MoreEssay about Taking a Brief Look at Human Trafficking1733 Words   |  7 PagesTrafficking in persons is a serious crime and a grave violation of human rights. Every year, thousands of men, women and children fall into human trafficking. It is said that 12.3 million people are trafficked worldwide. On average, only 1 person is convicted for every 800 trafficking cases worldwide (All material  © 2014). Human Trafficking is the illegal trade of human beings for commercial sexual exploitation or forced labor. During the medieval times human trafficking was introduced to the worldRead MoreDrug Policy And Efforts Of Control Substance Abuse1863 Words   |  8 PagesDrug policy and efforts to control substance abuse have resulted in human rights violations in many countries. 27 million people were problem drug users in 2013 (United Nations Office on Drugs and Crime, 2013), representing a â€Å"vulnerable and marginalised group† (Petty, 2012). The need for human rights to be at the forefront of any debate, policy or legislation regarding the ‘war on drugs’ is heightened by human rights abuses resulting from such action – namely â€Å"torture and ill-treatment by policeRead MoreHuman Trafficking And The Terrorism2321 Words   |  10 Pageshave been establishments between crimes that are not associated with the security of the country and that of national secur ity. Indeed, human trafficking crime has been added recently to the list of crimes that are been studied for implications of national security. In 2002, the US president Bush identified this relationship as merely theoretical and then recognized the concern of public policy and signed a national security directive, which linked human trafficking to terrorism and other insecurities

Breast Feeding Essay examples - 1991 Words

Breast Feeding The fertility regulating effect of breastfeeding has been known for underestimated. This has been due mostly to the lack of knowledge of the events associated with breastfeeding that determine its contraceptive effect. It is now known that breastfeeding per se is not a particularly effective or reliable means of contraception. On the other hand, the period of amenorrhea associated with breastfeeding, commonly referred to as lactional amenorrhea, provides an important degree of contraceptive effect. Physiology of Contraceptive Effect of Breast Feeding „h Endocrine Responses to Breastfeeding The physiological response to suckling at the breast is not local, but is mediated hormonally through†¦show more content†¦Their data suggest that prolactin concentration might provide a sensitive index of the return of menstruation and fertility during lactation. According to their model, serum prolactin concentration at any week after delivery is dependent on:- 1. Some fixed early perinatal rate of decline in concentration. 2. The number of weeks that unsupplemented breastfeeding continued. 3. The number of weeks of supplemented breastfeeding. 4. The number of weeks since the onset of weaning. The model assumes that ovulatory cycles would ensue once the average serum prolactin concentration has fallen to a threshold below which ovulation suppression no longer can be maintained. The hypothesis that the pattern of suckling stimulation determines the extent of the fertility suppressing effect was suggested in a review by McNeilly et al. Wood et al. developed a similar hypothesis in relation to their study of the Gainj people of New Guinea. The authors suggested that a pre-nursing concentration of prolactin will be re-established in about three hours unless another nursing episode intervenes. They base their reasoning on the observation thta serum prolactin concentration peaks within thirty minutes of initiation of nursing and the understanding that prolactin is removed from circulation with aShow MoreRelatedWhat is Breast Feeding? Essay872 Words   |  4 PagesWhat is breast feeding? Feeding the baby with naturally produced milk, from the mother’s breasts is called breast feeding. This milk is produced from the ducts located in the females’ breasts. This process of feeding the baby is also called lactation. This process can continue for more than six months. Some babies are too dependent on lactation. Their mothers are able to produce natural milk for several months. The span of production of breast milk depends quite on the demands of the baby and itsRead MoreBreast Feeding Vs. Formula Feeding1111 Words   |  5 PagesSoto 1 Melissa Soto Human Development Professor Daniel Marron 13 February 2015 Breast feeding vs. formula feeding One of the most imperative decision as an expectant mother is deciding whether to formula feed or breastfeed their newborn. Organizations including World Health Organization (WHO), American Medical Association (AMA), and American Academy of Pediatrics (AAP) advocate breastfeeding as the advantageous option for newborns. Most of these organizations and other supporters of breastfeedingRead MoreThe Benefits Of Breast Feeding902 Words   |  4 Pages The Benefits of Breast Feeding Since the invention of formula mothers have had trouble deciding how best to go about feeding their children. Each mother has their own preferred feeding technique, some of whom chose to use both feeding methods depending on the situation. For some mothers breast feeding is not a viable option for reasons such as lactation issues, busy schedules, and secondary care givers (Health Psychology). For those mothers whom are able and willing to breast feed their infantsRead MoreBreast Feeding Versus Bottle Feeding886 Words   |  4 PagesBreast Feeding Versus Bottle Feeding There are many different myths and opinions about breast-feeding and how it is beneficial for a child, some women and even men choose to view the breast as a sexual object, although in reality it is meant for the purpose of nourishing an infant. As for the other half of women around the world, many believe breast-feeding is the most natural way to feed a child as they receive the vitamins and minerals a youngster needs to grow up strong. Breast-Feeding and BottleRead MoreBreast Feeding vs Bottle Feeding2073 Words   |  9 PagesBreastfeeding versus Formula Feeding Your family is expecting a newborn baby within the next couple of months. This event in someone’s life will change their lives forever and can be a very exciting and exhausting change. Although you may be excited and impatient for the baby’s arrival, this event can cause a lot of stress on the family. While your lives are completely changing; there are things you need to do to prepare yourself and there are many important decisions that need to be made. DecisionsRead MoreBreast Feeding versus Bottle Feeding562 Words   |  2 Pagesrelevant facts. Feeding a baby could be done either as breast feeding or bottle feeding. Breast feeding is the feeding of a baby directly from the breast milk of a female human breast whereas bottle feeding is referred to as feeding a baby with milk from a nursing bottle. Many people argue that breast feeding is the most beneficial way of feeding a baby. In contrast to this view, others argue that there is not any real significant differe nce between breast feeding and bottle feeding. Therefore, inRead MoreBreast Feeding Across Cultures871 Words   |  4 PagesBreast feeding has been in practice for a very long time, as early as 2000 BC. Before the invention of formula, bottles, and pumps this was the safest most common way for a mother to feed their infants. In fact, for 99% of human history breast milk was the sole source of nutrition for children until the age of two. In today’s society there are many different and opposing personal stand points on where or not a mother should breast feed their children. It is a very controversial topic with many variablesRead MoreEssay Breast Feeding Is Best1577 Words   |  7 PagesBreast Feeding Is Best Breast feeding not only provides the perfect food and food delivery system for infants, it is also the most family friendly choice a new mother can make. Human breast milk contains at least one hundred ingredients not found in cows milk and that cannot be exactly duplicated in commercial formulas (Eisenburg 3). As a baby grows and changes, breast milk automatically individualizes itself for each infant. The nutrients in breast milk alterRead MoreBreast Feeding Vs. The Bottle1326 Words   |  6 PagesBreast-feeding vs. The Bottle: The Decision is yours â€Å"Some mothers have to give up breastfeeding even though they want to breastfeed. To give up breastfeeding can be a sensitive issue in a time when breastfeeding is promoted as the healthiest for mother and child† (Larsen Kronborg, 2013, p. 848). The debate over whether breast-feeding is better than bottle-feeding or vice versa has been a debate for many years. With more and more research that is continuously being developed, the option to breast-feedRead MoreEssay on Breast Feeding is Best1001 Words   |  5 PagesArgumentative Breast is Best   Ã‚  Ã‚  Ã‚  Ã‚  If one chooses to have a child, shouldn’t he or she be obligated to do what is best for that child? There are many important choices to make for that child, and some may be more difficult than others. Hospital or home birth? Pampers or Huggies? Crib or family bed? But when it comes to feeding, the choice is clear. Breast-feeding is the best choice that mothers can make for themselves and their child.   Ã‚  Ã‚  Ã‚  Ã‚  Not everyone agrees that breast-feeding is the best choice

Hotel Finance and Revenue-Free-Samples for Students-Myassignment

Question: Consider 2 companies from same sector and compare their financial position as well as financial performance through calculation of various ratios. Answer: Introduction The purpose of the report is to consider 2 companies from same sector and compare their financial position as well as financial performance through calculation of various ratios. The main objective of analysis is to find out the most profitable company among the two selected companies for the purpose of investment. Various ratios that will be taken into consideration are the liquidity ratios like quick ratio and current ratio, solvency ratios like debt to equity ratio and times interest earned, activity ratios like receivable turnover and days sales outstanding and profitability ratios like return on equity, return on assets and earnings per share. On the basis of analysis the suggestions will be provided for investment. For this particular report Crown Resorts and RACV Noosa will be considered for the purpose of investment based on the ratio analysis. Crown Resorts is one of the largest entertainment groups in Australia. The core investment and business of the company are involved in the sectors of integrated resorts. Crown Resorts wholly operates and owns 2 integrated leading resorts in Australia that is the Crown Perth Entertainment Complex and Crown Melbourne Entertainment Complex. It has a strong portfolio with regard to the complementary investments and future projects that is anchored by the Crown Sydney and it includes the wagering and online platform of the company (Crown - Crown Resorts, 2018). Renowned among the finest hotels in Australia it creates the luxurious surrounds for the customers that are complemented by the exemplary services. On the other hand, the RACV Noosa is a perfect place for family outing, friends and couples outing. It offers wide range of options for affordable accommodation that ranges from luxurious suites to one, two and three bedroom villas and apartments. One of the top pools for the company is showcasing of the outdoor pool. The spa segment of the resort offers services and treatments for restoring and rejuvenating the body. Further their spa menus involve foot and hand rituals, pedicures, manicures, massage therapies, customised facials and skin analysis (RACV Noosa Resort Accommodation Events information, 2018). Ratio analysis Financial ratio analysis is the procedure for calculating the financial ratios that indicate and compare the financial performance of companies. The ratios are used to analyse the financial position of the business and find out the reason behind the financial performance of the company (Brooks, 2015). It also helps the decision makers to plan for the future and make plans accordingly. For instance, the profitability ratios help the management to find out the profit that the business is earning and can compare it with its peers. Different ratios are used for analysing different business aspects like financial performance, financial position and cash flow (Nobes, 2014). Ratio Formula Crown Resorts RACV Noosa 2017 2017 Current ratio Current assets/Current liabilities 1.83 0.83 Quick ratio Current assets less inventories prepayments /current liabilities 1.78 0.76 Accounts receivable turnover Net sales/Avg account receivables 14.11 4.57 No. of days sales in receivables 365/account receivable turnover 25.86 79.88 Debt to equity ratio Total liabilities/shareholder's equity 0.65 0.40 No. of times interest earned EBIT/interest expenses 14.45 3.26 Return on assets Net profit/Total assets 0.21 0.02 Return on Equity Net profit/Total equity 0.35 0.03 Earnings per share Given in the annual report (in cents) 257.03 115 Solvency ratios the solvency ratios are used for measuring the companys ability for meeting the long-term obligations. Further, the solvency ratios confirms the amount of income remained for the business after paying tax and the non-cash expenses for depreciation against debt obligations (Hill, Jones Schilling, 2014). The solvency ratios taken into consideration for this particular report are debt to equity ratio and number of times interest earned that is also called the interest coverage ratio. Debt to equity ratio this is the long-term solvency ratio and it indicates the stability of the companys long-term financial policies. It reveals the percentage of assets financed through borrowings and the percentage of assets financed by the owners or the stakeholders of the company (Kettunen, 2017). It is computed through dividing the total liabilities of the company by stockholders equity. The ratio of 1 or 1:1 states that the stakeholders and the creditors equally contribute to the assets of the company. In the same way the ratio of less than 1 state that the percentage of assets financed through borrowings is less than the percentage financed by the stakeholders. Looking into the debt to equity ratio of both the companies it is observe that the debt to equity ratio of RACV Noosa is 0.40 and for Crown Resorts it is 0.65. Therefore, more percentage of assets of Crown Resorts is financed by shareholders as compared to RACV Noosa. Hence, RACV Noosa is exposed to more financial ris k as higher amount of debt can increase the sustainability risk of the company (Luez Wysocki, 2016). Number of times interest earned it measures the ability of the company to make the payment for interest on the borrowings when they become due. The investors and the creditors use this ratio for understanding the risks and profitability of the company (McManus, 2013). For example, mainly the investor is concerned whether his investment in company enhances the value or not. On the other hand, the creditor uses the ratio for identifying whether the company can support the additional borrowings or not and to analyse the risk involved n the lending. Looking into the calculation table it is identified that the times interest earned for Crown Resorts is 14.45 times whereas, the same for RACV Noosa is 3.26 times. Therefore, the no. of times interest earned for Crown resorts is significantly better as compared to RACV Noosa and Crown Resort is more efficient in paying off their interest obligation. Liquidity ratio the liquidity term is defined as ability of the company to meet the financial obligation after it becomes due. It is the computation used for measuring the ability of the company for paying the short-term obligations. Most common ratios calculated to measure the liquidity of the company are quick ratio and current ratio. Among these the current ratio is the most liberal one and is followed by the quick ratio. Current ratio it is the popular metric for evaluating the short-term solvency of the company. The short-term solvency is the companys ability for paying off the short-term obligation of the company after it becoming due. The short-term obligations are those which are payable within one year period of time. The ratio of 2:1 or higher than that is considered as satisfactory for the companies. However, simply calculating the ratio does not specify the liquidity position of the company. Various other factors like type of business, industry structure and the economic condition also play important role measuring the liquidity of the company (Scott, 2015). However, very high ratio will not be able to pay the current obligation efficiently if large percentage of the asset is included under obsolete or slow moving inventories. The current ratio of Crown resorts is 1.83 that indicates that the company has satisfactory liquidity position. On the other hand, the current ratio of RACV Noosa is 0 .83 that is lower than Crown Resorts. Therefore, the liquidity position of Crown Resorts is better as compared to that of RACV Noosa Quick ratio this liquidity ratio measures the companys ability to pay the short-term obligation through having the assets those can be easily converted into cash. These easily convertible assets are cash, accounts receivable and the marketable securities (Sunder, 2016). These assets are considered as quick assets as they can be converted into cash quickly. The quick ratio is different from the current ratio as the prepaid expenses and inventories are not taken into consideration while computing the quick ratio. However, for few companies the inventories are considered as the quick asset based on the nature of the business. The quick ratio of Crown resorts is 1.78 that indicates that the company has satisfactory liquidity position. On the other hand, the quick ratio of RACV Noosa is 0.76 that is lower than Crown Resorts. Therefore, the liquidity position of Crown Resorts is better as compared to that of RACV Noosa Efficiency ratio it measures the ability of the company to utilize its liabilities and assets for generating sales. The organization that is highly efficient minimizes its investment in assets which in turn need lower amount of debt and capital for maintaining its regular activities and operation. The efficiency ratio compares the aggregated assets to the sales or COGS (Vogel, 2014). For the liabilities, major efficiency ratio compares the payables against the total purchases from the suppliers. The efficiency ratios taken into consideration for this particular analysis are the no. of days sales remain outstanding and the receivable turnover ratio. of days sales in receivables it is also called as the average collection period and measures the days count or the days required for the company to collect the cash from the credit sales. It reveals the efficiency of the company in collecting its dues. In other words, it reveals the days taken by the the company to converts its sales in cash (Leonidou et al., 2013). The lower ratio represent that favourable status as it states that the company is taking less time in collecting its dues. Further, it states the chances of bad debts as the long time for collection increases the chance of bad debts. It is found out that RACV Noosa takes approximately 80 days for converting their sales into receipt whereas, Crown Resorts takes 26 days approximately to convert their sales. Therefore, Crown Resort is more efficient as compared to RACV Noosa. Further, RACV Noosa is exposed to the risk of bad debts as long time in converting the sales into receipt increase the risk of non payment. Account receivable turnover it measures the credit sales of the company against its average accounts receivable. This ratio estimates number of times the company can collect the dues over a specific period of time (Heikal, Khaddafi Ummah, 2014). The high ratio represents the favourable scenario and the low figure indicates the inefficiency in collecting the dues. However, the normal levels of account receivables for different industries are different based on the business structure and industry type. The account receivable turnover ratio of Crown resorts is 14.11 whereas the same for RACV Noosa is 4.57 that is lower as compared to Crown Resorts. Therefore, the efficiency with regard to account receivable for Crown Resorts is significantly better as compared to that of RACV Noosa. Profitability ratios these ratios are the financial metrics that are used by the companies to evaluate and measure the ability of the company to generate the earnings associated with assets, sales, equity and costs during a particular period of time (Grissemann, Plank Brunner-Sperdin, 2013). It states the efficiency of the company is utilizing its assets for generating value and profits to the shareholders. The higher values or ratios are considered as the business is performing well with regard to generation of cash flows, revenues and profits. These ratios are useful when are evaluated in comparison with the competitors. Return on assets it measures the companys profitability with regard to the total assets of the company. The ratio further indicates the efficiency of the company in generating profit from the capital invested under the fixed assets (Drehmann Nikolaou, 2013). Higher return represents that the company is efficient and productive in utilizing its economic resources. From the calculation table it is identified that return on asset for both the companies are not good. However, the ROA for Crown resorts is higher as compared to that of RACV Noosa as the ROA for Crown resort is 0.21 and the same for RACV Noosa is 0.02 only. Return on equity it is the net income of the company during the year against the shareholders equity of the company. Further, it measures the profitability on the investment of the shareholders (Ch, Patel White, 2015). It is a crucial measure for profitability and the higher values represents that the companys position is favourable and the company is efficient in creating earning from the new investment. It is observed from the calculation table that return on equity for both the companies are not good (Hevert, 2013). However, the ROE for Crown resorts is higher as compared to that of RACV Noosa as the ROE for Crown resort is 0.35 for the year ended 2017 and the same for RACV Noosa is 0.03 only for the same period. Earnings per share EPS are the crucial financial measure that indicates profitability of the company. It is computed through dividing the net income of the company by total number of outstanding shares (?ermk, 2015). It is the part of companys profit that is attributed to the every stock. It is the term that is more useful to the people and investors in stock market. It is recognised that the EPS of Crown resorts is 257.03 cents for the year ended 2017 whereas the EPS for RACV Noosa is 115 for the ame period under consideration. However, the EPS cannot be considered for comparing the performance as the numbers of outstanding shares for both companies are different (Prasetyorini, 2013). If the overall profitability for both the companies are taken into consideration it can be stated that the both the companies are not highly profitable (Azzopardi Nash, 2013). However, if the profitability positions of both the companies are compared then it is recognized that the profitability position of Crown resorts is better as compared to RACV Noosa. Conclusion It is concluded from the above discussion that the ratios are invaluable tools for the purpose of making the investment decisions. Using the ratios for making the informed decisions regarding investment plays important role for investment decision making. Profitability ratios play crucial role for all the investment analysis. Looking into the profitability ratios of both the companies it is recognized that if the profitability positions of both the companies are compared, the profitability position of Crown resorts is better as compared to RACV Noosa. Further, in liquidity aspect it is found that both the current ratio and quick ratios for Crown resorts are better than RACV Noosa. Therefore, the liquidity position of Crown Resort is significantly better as compared to that of RACV Noosa. Further, it is found that RACV Noosa is exposed to more financial risk as its higher percentage of its assets are financed through debt and higher amount of debt can increase the sustainability risk of the company. Moreover, the no. of times interest earned for Crown resorts is significantly better as compared to RACV Noosa and Crown Resort is more efficient in paying off their interest obligation. Thus, Crown resort is more solvent as compared to RACV Noosa. Finally, the efficiency with regard to account receivable as well as no. of days in sales receivable for Crown Resorts is significantly better as compared to that of RACV Noosa. Recommendation It can be found out from the above analysis and conclusion that if the performances of both the companies are compared, the performance and return for Crown resorts are significantly better as compared to that of RACV Noosa. Therefore, given the option, if one company is to choose from 2 for the purpose of investment, Crown Resort is better investment as it is better in all aspects as compared to RACV Noosa References Azzopardi, E., Nash, R. (2013). A critical evaluation of importanceperformance analysis.Tourism Management,35, 222-233. Brooks, R. (2015).Financial management: core concepts. Pearson ?ermk, P. (2015). Customer profitability analysis customer life time value models: Portfolio analysis.Procedia Economics Finance,25, 14-25. Ch, P., Patel, A. White, M., (2015). Adopting international financial reporting stards for small medium?sized enterprises.Australian Accounting Review,25(2), pp.139-154. Crown - Crown Resorts. (2018). Crownresorts.com.au. Retrieved 15 February 2018, from https://www.crownresorts.com.au/ Drehmann, M., Nikolaou, K. (2013). Funding liquidity risk: definition measurement.Journal of Banking Finance,37(7), 2173-2182. Grissemann, U., Plank, A., Brunner-Sperdin, A. (2013). Enhancing business performance of hotels: The role of innovation and customer orientation.International Journal of Hospitality Management,33, 347-356. Heikal, M., Khaddafi, M., Ummah, A. (2014). Influence analysis of return on assets (ROA), return on equity (ROE), net profit margin (NPM), debt to equity ratio (DER), current ratio (CR), against corporate profit growth in automotive in Indonesia Stock Exchange.International Journal of Academic Research in Business Social Sciences,4(12), 101. Hevert, S. R. B. (2013). Return on Equity. Hill, C.W., Jones, G.R. Schilling, M.A., (2014).Strategic management: theory: an integrated approach. Cengage Learning. Kettunen, J., (2017). Interlingual translation of the International Financial Reporting Stards as institutional work.Accounting, Organizations Society,56, pp.38-54. Leonidou, L. C., Leonidou, C. N., Fotiadis, T. A., Zeriti, A. (2013). Resources and capabilities as drivers of hotel environmental marketing strategy: Implications for competitive advantage and performance.Tourism Management,35, 94-110. Luez, C. Wysocki, P., (2016). Economic Consequences of Financial Reporting Disclosure Regulation: A Review Suggestions for Future Research.J. Acct. Econ.,50, p.525. McManus, L. (2013). Customer accounting and marketing performance measures in the hotel industry: Evidence from Australia.International Journal of Hospitality Management,33, 140-152. Nobes, C., (2014).International Classification of Financial Reporting 3e. Routledge. Prasetyorini, B. F. (2013). Pengaruh ukuran perusahaan, leverage, price earning ratio dan profitabilitas terhadap nilai perusahaan.Jurnal Ilmu Manajemen,1(1), 183-196. RACV Noosa Resort Accommodation Events information. (2018). @RACV. Retrieved 15 February 2018, from https://www.racv.com.au/travel-leisure/racv-resorts/our-destinations/noosa-resort.html Scott, W.R., (2015).Financial accounting theory(Vol. 2, No. 0, p. 0). Prentice Hall. Sunder, S., (2016). Rethinking financial reporting: stards, norms institutions.Foundations Trends in Accounting,11(12), pp.1-118. Vogel, H. L. (2014).Entertainment industry economics: A guide for financial analysis. Cambridge University Press

Tuesday, May 5, 2020

Business Discourse Colonizing Philanthropy

Question: Discuss about the Business Discourse Colonizing Philanthropy. Answer: Introduction: The vibrant nature of the current market environment has subjected corporation to diverse ways of maintaining competitive advantage and market their brand name. Factors such as technological advancement, corporate unions, globalization and improvement in cash flow have opened up the market to new players further intensifying market competition. Therefore, organizations now strive to marry social and economic activities. The main reason for setting up a corporation is to obtain profits. However, to achieve this goal, there must be close coordination with the society. Furthermore, close observance of business ethics is vital for good performance. This notion of creating a positive societal image has seen the rise of corporate philanthropy in the global market. This increase has triggered mixed feeling in the economic world with some critic raising question on the effectiveness of this measure in the corporate world and society. However, there are those who support this move and view it as a humanistic move. Therefore, this paper aims at exploring the function and effectiveness of corporate philanthropy. This is with the goal of justifying if more organization should adopt or avoid this course of action. The term corporate philanthropy has gained popularity in the modern world with many people attaching its meaning to the acts of charity. However, it is vital to draw clear, distinctive lines between charity and corporate philanthropy. So, what is corporate philanthropy? According to Paetzold (2010, p. 60), Corporate Philanthropy is the act of corporations donating part of their profits or resources such as human resource to nonprofit organizations. Paetzold notes that the term is often used together with corporate giving. According to Brennan (2011, p. 544), the term has the same meaning as corporate social responsibility (CSR). Brennan further elaborates that such actions are geared towards addressing the welfare of the society and hence should be viewed as significantly independent on a business profitability. Therefore, according to Brennan, it is the obligation of the corporation to address the needs of the society regardless of whether they are operating on a profit or not. His view disagrees with Paetzold (2010), who urges that philanthropic actions are optional and depend on organization benefits. Such discrepancies on the meaning of the term have also led to disagreements on the relevance of corporate charitable activities. However, Mullerat (2010) points out that there is a big difference between corporate philanthropy and corporate social responsibility. According to Mullerat (2010, p.51), the main difference between the two is that philanthropy entails the acts of giving to the needy people or entities through charitable aid while CSR is an integration of managerial attitudes and strategies to promote human and global welfare which are incorporated in an organization's operations. He further outlines that charitable giving and philanthropic actions are distinct from accompanies business and are not in its strategic plan. Hence, corporate social responsibility is a form of management and not a way of giving donations. Organizations engage in various corporate philanthropic activities. These practices vary according to organizations. However, there are two conventional approaches employed by organizations in achieving this quest. One is through matching gift programs and the second one is through volunteer donation programs. This method aims at giving a donation to nonprofit organizations addressing the conditions of the needy in the society. According to Burlingame (2004), matching gift programs are contribution programs that will match employees donation to qualifying nonprofit organizations. On the other hand, a volunteer donation program is when the employees donate their time to nonprofit entities. The donations are directed to organizations which deal with issues affecting humanity. For instance, they can be used to finance education program, health problems or clean water supply. The choice depends on the donating organizations. Some agencies such as Google have advanced their philanthropic approaches from mere donations to technological advancements. When the concept of corporate philanthropy first emerged, people associated it with charitable gifts and never attached business importance to the practice. However, Paetzold (2010, p.60) outlines that modern corporations have aligned this practices with their activities to enhance their competitive market advantage. This is what he calls New corporate philanthropy. According to Paetzold, this change is due to the pressure to balance between stakeholders objectives and the overall communities expectation of responsibility. Therefore, it is more like a tag of war. Remember both the stakeholders and the society is critical components of an institution. The stakeholders own the firm while the community purchases the good and services from organizations. Therefore, it is the role of executives to monitor these opposing forces. They are opposing since each would want their demands addressed adequately. The question on the effectiveness of corporate philanthropic has raised heated debates over the years. However, a keen analysis of these arguments leads to one solution that is the efficiency of this initiatives depends on perception. Because from a financial point of view, one might see them as a waste of money since the aim of a business is to maximize profits (lucky, et al., 2012). For the socialists, the move is effective since it addresses societal needs. However, for the economists, the effectiveness of the initiative will depend on the organization's objectives. According to Bruch and Walter (2005), a cohesive philanthropic strategy is essential for the success of corporate philanthropy. They reiterate that most the failed charitable initiatives by firms are due to lack of proper planning. Hence they advocate for the strategic philanthropic approach. This is the one who unites both the needs of the external players and the unique competencies of the donating firm. Organizations have employed corporate philanthropy as a tool to create a positive public image. This is more common in a firm whose operations have negative societal impacts such as the tobacco industries. According to Tesler and Malone (2008), Philip Moris succeeded in changing the image of the tobacco industry in the United States through philanthropic initiatives. His efforts made him win over policymakers, public health policies and thus improving his company image. However, they note that such moves cause more harm than good to the society. This is because companies continue producing harmful substances to the society and cover up using philanthropic initiatives. This is only an indication of how powerful Corporate philanthropic is on communitys psychology. In a study to establish the effects of philanthropy initiatives on consumer-company identification, Lii and Lee (2012), found out that corporate philanthropic efforts have significant effects on consumer-company identification and brand attitude. However, they note that the level of the effect depends on individual organization's charitable efforts. This is where leadership efficiency plays a vital role (Peloza et al., 2009). Leaders are the ones with the mandate of designing corporate philanthropic strategies. Since many organizations are doing the same thing, individual brilliance of a leader can make is or her initiative more efficient than the rest. However, the level of effectiveness of this actions has been questioned. According to Porter and Kramer (2012), corporate philanthropy is on the decline because most executives see them as a no-win situation. This is because it creates tension between the society and investors. The investor focuses on maximizing short-term profits of their investments while the community continues to demand more contributions from the firms. Porter and Kramer note that the more the companies contribute, the more the society demands. Furthermore, the executives are always in tight situations to explain and justify charitable disbursements on bottom-line expenditures (Porter Kramer, 2002). Porter and Kramer see corporate philanthropy as an ineffective approach of marking a firm brand. They reinstate the role of a corporation, which is to make profits. Furthermore, they argue that a company is a tool of the stakeholders who own it. Therefore, it is only the stakeholders who should decide how to spend t heir income not the organization. When establishments engage in corporate philanthropy, they infringe the investor's freedom of using funds from their investments (Porter Kramer, 2002). They further acknowledge that, regardless of the name given to this initiative such as smart or strategic philanthropy, an overhaul is required in the whole approach to clearly defines the benefits which stakeholders and the society obtain from this practices. Wirgau et al. (2010) concur with the arguments put forth by Porter and Krammer, on the relevance of this, acts to the society. They claim that the modern firms have diluted the meaning of corporate philanthropy to marketing philanthropy. Organizations are using the approach of donation to the campaign for consumption of individual product which some are of adverse effects to the society. This is against business ethics; because a good thing cannot be used to cover for the bad. Therefore, companies should be transparent on the contents in the p roducts they produce. Conclusively, corporate philanthropy is an excellent and smart idea. The program has been effective in supporting numerous humanitarian activities such as the fight against HIV and AID, poverty eradication, clean water provision and mitigating epidemics. Presently, such donations are the ones supporting those individuals in nations experiencing civil wars and terrorist attacks. There are kids whose education have been financed through this approach. Therefore, it is a vital move towards attaining a better society. However, proper planning is essential to maximize the efficiency of this program. Furthermore, firms should avoid using this approach to exploit the community through promoting consumption of products which cause health problems such as tobacco. However, I would encourage more organization to incorporate this practice in their activities and construct strategies to efficiently execute it since it is a way of appreciating the society. Furthermore, it is a way of marketing th eir brand through creating a positive public image. Reference List Brennan, D., 2011. Corporate Social Responsibility: The Corporate Governance of the 21st Century International Bar Association Series. 2nd ed. AH Alphen: Kluwer Law International. Bruch, H. Walter, F., 2005. The Keys to Rethinking Corporate Philanthropy. MIT Sloan Management Review, 47(1), pp. 49-55. Burlingame, D., 2004. Philanthropy in America: A Comprehensive Historical Encyclopedia, Volume 1. Califonia: ABC-CLIO. Lii, Y.-S. Lee, M., 2012. Doing Right Leads to Doing Well: When the Type of CSR and Reputation Interact to Affect Consumer Evaluations of the Firm. Journal of Business Ethics, pp. 69-81. Lucky, O.-I. E., Olusegun, I. A. Bakar, S. M., 2012. Determinants of Business Success: Trust Or Business Policy? Researchers World, 3(3), pp. 37-42. Mullerat, R., 2010. International Corporate Social Responsibility: The Role of Corporations in the Economic Order of the 21st Century. AH Alphen: Kluwer Law International. Paetzold, K., 2010. Corporate Social Responsibility: An International Marketing Approach. Hamburg: Diplomica Verlag. Peloza, J., Hudson, S. Hassay, D. N., 2009. The Marketing of Employee Volunteerism. Journal of Business Ethics, suppl. Supplement, pp. 371-386. Porter, M. E. Kramer, M. R., 2002. The competitive advantage of corporate philanthropy. Harvard business review, 80(12), pp. 56-68. Tesler, l. E. Malone, R., 2008. Ethical Conduct in Public and Private Arenas: Corporate Philanthropy, Lobbying, and Public Health Policy. American Journal of Public Health, 98(12), pp. 123-2133. Wirgau, J. S., Farley, K. W. Jensen, C., 2010. Is Business Discourse Colonizing Philanthropy? A Critical Discourse Analysis of (PRODUCT) RED. Voluntas, 21(4), pp. 611-630.