Technology Is The Seed Of Our Destruction Essay -- Technology, Childre

At an early age children are given toys stimulate their brains. Legos, Lincoln logs, even the game Perfection, teach the young ones what shapes are and what they fit with. But soon Legos will no longer be relevant. Younger generations’ new â€Å"play toys† will be iPads, iPods, and numerous other tech gadgets. Our youth will grow up in a world where technology is always changing; having the mindset that nothing can be done without a smart phone, tablet, or computer. Today’s society is so tied to technology that we are losing grasp on the non-cyber reality. When my mother was dating, boys would come up to her in person and ask her out. There was a rush of adrenaline when doing so; the fear of being rejected, the joy if she said yes. Today boys just shoot over a text that reads â€Å"Hey grl, date?† And some texts are lucky if they contain vowels. What happened to romance? What young girls are growing up to realize only exists in fairytales and romantic comedies. Just like in video games, guys are always trying to find cheats, or short cuts. So it’s never a surprise when guys try to take short cuts to hook up with girls. Having phones with the ability to send pictures and search the web, makes it easier to send and receive risquà © pictures. Society as a whole is too dependent on technology, we are addicted to it. People are on edge when they are not around their phones or computers, because we feel the need to post our every thought and action that we had that day. Who really cares if Joe and Gina are eating at Steak an d Shake and feeling happy? No one! But the fact of the matter isn’t if we care it’s that we know. In the article, â€Å"Children, Technology, Problems and Preferences† is defines this act of sending naked pics or close to na... ...ut a public service announcement will cause the need for research, which will put technology to use and the may become a distraction. Doing homework is no longer about sitting down and getting it done. It is now a test of the fittest, who can go the longest without checking Facebook, tweeting, vining or posting what they just ate to instagram. We need to untie our ties to technology and take our lives back. Works Cited Crispo , Alexander W. "The Age of Electronic Fascination: Can’t Live With it and Can’t Live Without!." 2011.4 n. page. Web. Farber, Barry A., Gavin Shafron, Jaleh Hermandani, Emily Wald, and George Nitzburg. "Children, Technology, Problems, and Preferences." 2012. n. page. Web. Allison, Shelia. "Youth and the (potential) power of social media." 2013. n. page. Web. Menon, Vinay. "Blackberry or Spouse? You Choose." 2013. n.page. print

Web – Based Library System

Overview of the Current State of Technology 1. 2. Local Literature De La Salle University Library System Migration: A Strategic Decision Library automation at DLSU-Manila had undergone a gradual but steady development. It started in 1985 when it implemented the MINISIS software/Hewlett Packard 3000 hardware package. The system was able to create 11,000 bibliographic records for Filipiniana and Reference collections. The massive hardware maintenance problem led to a management decision to phase out the system in 1988. At the later part of the same year MINISIS was replaced by its micro version known as CDS-ISIS.The software with one stand-alone XT computer facility automated the indexing of articles from more than 100 locally published periodicals including newspapers, magazines, and journals. Additional databases were created as the number of computers increased. The index became searchable simultaneously by several users when the computer facilities were networked in 1992. In the sa me year the CD-ROM technology was introduced for information retrieval of selected indexes and abstracts.Perla T. Garcia, Director of DLSU Library (2004) states the reasons for changes: * Technical Development and Vendor Stability Networking * Expansion of Databases â€Å"Despite the struggle the DLSU Library encountered in running the system during the first two years the circulation module was successfully implemented in February 1997. Toward the end of the decade the system was upgraded incorporating the suggestions made by the participating libraries. The new version was renamed T-Series which enhanced the loan process and improved the other information management functions of the earlier edition. † [1] The upgraded version of the system has become an inevitable feature at DLSU Library.However, when it was established that the vendor of the system has closed shop and has merged with another company, the University Library started to work on the future of the library syste m that can be considered to replace T-Series. These reasons are provided for the new system that will replace the T-series. Ateneo De Manila University Professional Library Information System The Library Information System uses a Local Area Network (LAN) for data retrieval handled by five file servers housed in the Intermediate Distribution Function Room (IDFR).Its resources can be accessed thru 24 client stations strategically distributed within the Library and other stations located in different offices in APS such as AHRC, CLE and the Dean of the Law School. In-house databases and commercial databases on CD-ROMs can be accessed by pressing the key letter guide displayed alongside each menu. In the Reference Services, the reference librarian also provides reference assistance to library clients in the most effective use of the library resources and services, aside from conducting guidance to legal bibliography for law students.To provide a plentiful supply of good and useful books in support of its academic curricula is the main goal of the library. Teresita C. Moran, APS Chief Librarian (2004) states the APS Library system features: Online Public Access Catalog This is a catalog where library books, theses, computer files, law materials housed at the Teehankee Library inclusive of uncatalogued but accessioned materials such as serials, law and business periodicals, cases decided by the Supreme Court, Court of Appeals, and Philippine laws. Features: Search limits to format (any,books, maps, computer files, etc. ) – Search limits to field (any title,author, subject, etc. ) – Use both simple and complex algorithm using Boolean logic (AND, OR, NOT, etc. ) -It provides user-controlled sort (by title,author,publisher, etc. ) – Work in conjunction with other modules – Provide safe environment to deal with potentially malicious users – Easily update for users convenience and accommodate their library needs – It provides sel ection and print options – Browse matches found in brief and full detail OPAC users are able to benefit greatly from up-to-date information – Patron can see actual Circulation status whether the item is on shelf, on loan, etc. – Password protected [2] WebPAC The Web Public Access Catalog is a guide to all the information sources to all the information sources of the library: books, compact discs, educational video tapes, theses, journals/serials, laws, legal cases and journal articles through simple search by author, title and subject.Features: – It enables the user to search any author, subject, title and publisher – Specify year from-to Get current information from the library’s local database – Includes matches found in your query – Full MARC record display – Applies to any standard internet browser (e. g. Netscape and Microsoft Internet Explorer) [3] The APS Library operates in an open stack set up. It adapted two ma jor systems of classifying book collections: first is the Library of Congress (LC) Classification system. This system is applied to Business and Information Technology holdings; second is the Los Angeles County Law Library Classifications (LACCLLC) scheme, which applies to the law holdings.Business and law journals are not classified as such but simply arranged alphabetically by title. The â€Å"The† code is the general classification used for both business and law theses. University of the Philippines iLib (Integrated Library System) â€Å"Technically, iLib is implemented in client-server architecture. In this configuration, all application programs run in the server (except for JavaScripts) and the user communicates with the server using a web browser, called the â€Å"thin client† in this architecture. No application is required to be installed in the user’s workstation other than the web browser to be able to use the system.All software updates, bug fixes, and enhancements are implemented in the server which can take effect immediately without requiring any updates or adjustments from the user’s end. † [4] Just like any common web-based systems, users can interact with the iLib system using a keyboard and mouse. Most interfaces in iLib require the user to key-in information in HTML forms using the keyboard and submit form data by clicking the â€Å"submit† buttons with a mouse. In most cases, hitting the â€Å"Enter† key (carriage return) from the keyboard can also trigger form submission.Arellano University Library System â€Å"The University Library comprises the following collections and services: Circulation Unit (foreign books on all fields of interest); Filipiniana Unit (books locally published in the Philippines, books written by Filipino author and books about the Philippines); Periodicals Unit (collection includes journals and magazines in various fields of interest); Reference Unit (collection of reference materials such as encyclopedias, dictionaries, handbook, almanac, geographical sources, etc. ; Audio-Visual Unit (a collection of audio-visual materials such as CD-ROM, VHS tapes & cassette tapes) and the Graduate School Unit (collection of books for post graduate level together with the thesis collection for reference purposes). As part of the library system, the adoption of computerized version of card catalog commonly known as OPAC (On-line Public Access Catalog) is used by the patrons as a medium of searching the library collection. † Arellano University library system offers different amenities and learning tools in comfortable environments which is intended for the greater benefit and convenience of its students.That is why they have improved their library with the use of OPAC to provide the users easiness and swiftly find what they are looking for. Far Eastern University Library System â€Å"The University Library is an indispensable educational and cultu ral repository. Refurbished and inaugurated on February 16, 1991 it has a book collection of more than 96,988 volumes and subscription to thousands of titles of magazines and journals in hard copies and in electronic format accessible through the EBSCO host Research Databases.The collection of books and other information resources fall under the following areas (easily accessible through the Online Public Access Catalog. † The FEU University Library aspires to be a leading academic information resource center and to be a dynamic partner in the University’s vision to develop responsible and well informed professionals who can contribute to the advancement of the global society. As usual nowadays, they provide an OPAC for easier researching of information from their libraries. 1. Foreign Literature Proposal for a University of Tennessee Digital Library Center James B. Lloyd (Special Collections Librarian and Chair, Digital Library Committee) and Bill Britten (Head of Libr ary Systems, John C. Hodges Library) (2001) states: â€Å"All students, faculty, and researchers would benefit in a variety of ways because the digital format broadens and deepens access exponentially. All of the digital library content would be available to any number of authorized users at one time, no matter their location.Materials would be available for distance research and distance education. Access to digital content could be provided in ways that are simply not possible in the traditional environment. Text can be available fully searchable through natural language, multimedia can be nested, references can be linked to other references, reference tools can be digitized and used to organize digital collections, etc. A digital library serves all of the constituents of the University in new and better ways by enhancing the research potential ofUniversity faculty on all campuses while also serving the needs of distance education. † [3] The DLC will be a catalyst for chang e by creating the organizational and technical building blocks that allow the campus to conceive of new ways of creating, accessing, and applying information resources to research and teaching. It will select, produce, and maintain a wide range of networked resources for scholars and students at UT and elsewhere.It will collaborate with University information technology professionals and research faculty to capitalize on institutional capabilities by focusing University resources on digital library projects that support the teaching and research of UT faculty, support the learning and research of UT students, and foster research about the digital library. An Intelligent Digital Library System for Biological Data Jeffrey E. Stone et al (2005) To make personalized service possible, a â€Å"user profile† representing the preferences of an individual user is constructed based upon past activities, goals indicated by the user, and options. Utilizing these user profiles, our system will make relevant information available to the user in an appropriate form, amount, and level of detail, and especially with minimal user effort. † [4] Due to the goal to serve the users better, a â€Å"user profile† is provided in the system. The user can personalized it and will have the ability to explore the system without much effort.It also allows the user to make feedbacks about the system, so that the system will know about the user’s areas of interest. The system is designed to act as a helper for the user who visits the digital library to find relevant information, with particular attention to the newly developed and modified documents in it. State University of New York Library System The Office of Library and Information Services in SUNY (1999) states their objectives about the library system.It includes: * Consortia-based capabilities such as union catalog and non-mediated requesting of library materials. * Excellent performance for all participati ng libraries. * Ability of the consortia to distribute the system across different servers, provide real-time mirroring of essential data, and permit the pooling of systems staff across the libraries. * The ability for the system to support the combined transaction load of SUNY libraries on all 64 campuses. A state-of-the-art integrated library system that provides access to public services, collection management, and technical services functions.* A system that enables each campus to view and maintain its own data with local control of profile and security configurations. * The ability to effectively convert data from the existing library systems into a new format that will preserve and insure its continued development and preservation, as well as the ability to migrate data to new generations of library systems. Allow for the integration of electronic resources that are made available through the SUNYConnect initiative (e. g. , bibliographic and full-text databases, image database s, electronic journals, etc. ). * To provide a means of, or an interface to, user authentication and user authorization vis-a-vis the SUNY-wide borrowing of library materials.* The ability to exploit emerging technologies and information resources to raise the level of library services, facilitate an increase in staff productivity, and improve effectiveness. 5] These objectives are made because SUNY is committed to providing exceptional library and information services to the university community by implementing an integrated library management system of superior functionality and cost efficiency. These are the type of functionality the SUNY libraries are seeking to incorporate. In short, this proposed system is part of the SUNYConnect virtual library initiative to provide access to the entire SUNY library collection via a common library management system and to enable patron-initiated remote borrowing.Harvard’s Library Digital Initiative: Building a First Generation Digital Library Infrastructure â€Å"Harvard University has funded a 5-year project to build a first generation production infrastructure to support digital library collections. Key project activities include education and consulting on core digital library issues (metadata, technical formats, reformatting, legal issues, preservation, interfaces and access), defining an overall technical framework, and the development of a core set of systems to support digital collections (catalogs and access tools, repositories, user interfaces, access management, and naming).A significant portion of the funding has been allocated to grants to University units for contents projects, intended to inform and test the developing infrastructure. † [6] Harvard University has a large and unusually decentralized library system. Information technology and shared information systems have been used increasingly in the past two decades to bring coherence to library services while maintaining the independence o f the University's hundred or so libraries.Two years ago a task force of faculty, librarians, and administrative deans proposed that the University administration fund a project to: (1) make Harvard's growing digital collections coherent and easy to use, through the development of a common framework and infrastructure, through communication and coordination, and through the use of incentives for collaborative work; (2) avoid wasteful duplicative development of digital library systems across the many independent departments of the University; (3) help curators build digital research collections through education, expert advice, the provision of core services, and the development of a technical infrastructure; and (4) integrate the new digital collections with Harvard's strong traditional collections. Tokyo University Library System â€Å"OPAC (Online Public Access Catalog) / Multilingual OPAC You can search the resources using the OPAC system for journals held in entire University l ibraries, and books acquired in/after 1985. They are currently in the process of incorporating the materials acquired before 1985 into their electronic system. † [7]The  University of Tokyo Library  in Tokyo, Japan, consists of the General Library, which provides services for all students and researchers affiliated with the university, Komaba Library, which supports the studies of the first two years of undergraduate education, Kashiwa Library, which functions as the back number center for natural science materials, as well as more than 60 faculty/institution libraries in various academic fields. The library has the largest collection in  Japan, holding a total of over 8,000,000 books. Using the OPAC, the students can easily find what they need for their research and studies. The university is still maintaining the system to improve the services to provide for the users.

Market

The product as the first p something that is taken to the market to be noticed, sold, applied, or consumed; which is possible to satisfy a need or desire. Product can be a physical object, service, location, organization, or even an Idea or thought (Mob All et al, 1385: 195). The ultimate goal of organizations Is to produce the products which are better and superior In one or more aspects compared with others to be welcomed by customers and make them to pay well for each product (Cutler, 179:1379).Vaginal in an article with the title of McDonald: the globalization thought y using marketing mix states that in marketing mix, McDonald has offered its product by creating a standard procedure that is the same in all parts of the world, according to the tastes and traditions of different countries and their laws. For instance, Big Mac is served without cheese in Israel, or it is served in Indian McDonald's restaurants with specific types of vegetables and lamb meat. And also the limitation s which are imposed by various religions are considered (vaginal, 2001 : 99). 1. Brand The name and logo of a product is an Important component of goods in consumers' sews, and the brand name adds value to every goods. For example, consumers consider a bottle of cologne with famous brand name, as an expensive and high- quality merchandise. But If this bottle lacks any Indication of the brand, even If the flavor is similar, shall be considered as low quality merchandise. The brand differentiates the goods and services that are offered by competitors. A good brand makes the consumer loyal. A research showed that among the present dish washing liquids, the housewives are the most loyal to Gold,Jam, and Risk.These three groups f customers buy their desired dish washing liquid regularly. The interesting point was that all customers have considered the same characteristics for a good dish washing liquid (e. G. Cleaning power, concentration, high foam, etc). But it was believed that only t he dish washing liquid that is bought by them (In other words, they are loyal to) has all those qualities. In other words, those who bought Goal dish washing liquid believed that Goal has all the qualities of a good product, and those who bought Jam, thought that Jam Is better than other dish washing liquids Assimilate, 185:1381).According to the arguments presented, the value of brand name can lead to a product's reputation and induction of high quality product to its customers, make a very strong image in the minds of customers, and become one of the major assets of a company. 1. 2. Packaging There is 8000 years statistics about packing in which packaging has been used as the containers were made of clay and glaze rough mats in Mesopotamia and Egypt. The customers identify a product through its packaging. Package transfers the producer's assuage to the buyer and communicates and exchanges Information between them.The packaging gives Identity to the product, and protects the protec t against Impact, moisture, climatic conditions, odors, fumes, vibration, microorganisms, pressure, collapse and Insects (spearheaded, 1384: 13). Also the packaging protects the goods, makes adolescently, beauty, product safety, easier storage of goods and products (Smiles Pour, 192:1381). If the package is done in a great way, it gains interest to Pricing, is the monetary value of goods and services or the amount of benefit that nonusers particularly pay for the benefits of having or using the product or service.Pricing simply means determining the price for the product or service (Ecological et al. , 1385: 1). Vaginal states that McDonald's in price marketing mix used different strategies for pricing in different countries. For example, it used strategies such as cost based on the target strategy, the ultimate cost plus a percentage of profit, or prestigious pricing. For example, a Big Mac in the United States is equivalent to 14 minutes work of a worker a day, but in a country li ke Nigeria it is equivalent to several hours of work (2001: 101 vaginal).Types of pricing methods in dealing with competitors The competitors may price their products in four ways: 1 . Pricing based on cooperation: the price is determined by cooperation and consensus with partners. This situation occurs mostly in competitive oligopolies markets. 2. Adaptive pricing: market leader and main shareholders determine the price, and the others price their products according to them. Opportunistic pricing: n some markets, when a supplier increases the price for its products, a rival that has good resources might not change the price of its product.Sometimes, in the case of the increase in prices by a producer, the rival increases the prices, but tries to offer more services to attract part of customers of the company which first increased prices. This method is called opportunistic pricing. 4. Punitive pricing: some suppliers who are able and good facilities, in order to eliminate smaller c ompetitors, lower prices for their products. Sometimes this method will result in removal of small suppliers from the market (Flask, 1386: 169).According to the arguments presented, the pricing strategy of a product, when the product is part of a group of products, has different characteristics. In this case, the organization considers overall prices of one group in order to maximize profits. The firms, after codifying pricing strategy, are faced with conditions in which they are compelled to reduce or increase prices, and marketers need to respond to the change in pricing strategies and develop other strategies.

Community Teaching Essay

Health promotion is very important in today’s society. There are many things people can do in order to maintain good health, yet most are uninformed about this. Obesity is one of the leading health concerns in America and must be dealt with immediately. It is because of this that a student has decided to teach a fifth grade class with twenty three students about what obesity is, what problems it causes, and how it can be avoided. The teacher uses visual aids, games, trivia, and much more in order to get the students more interested in what they are going to learn. The teacher informs the students about how important it is to make healthy eating choices by using the food pyramid as a guideline. Students are also informed that exercise is key to living a healthy lifestyle. The teacher begins the class by playing a quick game. The teacher then asks the students to each take out a piece of paper and write down as many fruits and vegetables as they can. The students are told that the person who has thought of the most fruits and vegetables will win a prize. When finished with the game, the teacher will then introduce the topic of obesity to the children and the importance of preventing it by eating healthy foods. Students are told that â€Å"obesity is defined as having an excessive amount of body fat. Obesity is more than just about looks. It increases your risk of diseases and health problems such as heart disease, diabetes and high blood pressure† (J.Crawford,2014). The teacher then tells the students that in the past ten years, obesity in children in the U.S has gone from 7-18 percent (CDC,2012). The main portion of this lesson revolves around the food pyramid. The food pyramid consists of 6 essential healthy food groups: Grains/rice, fruits, vegetables, dairy, meat/fish/poultry, fats/oils/sweets. The food pyramid acts as a guideline by showing students the necessary servings of each food group in order to stay healthy. It is essential for students to understand the food pyramid because it is a roadmap to healthy living. The students were not only taught about healthy eating, but also other ways to ensure that they maintain their health. One thing they were taught is the importance of being active daily. Students can do things such as playing sports, running, or bike riding in order to stay healthy and have fun doing it. It was said that rather than avoiding all types of junk food, it is better to simply eat it in moderation. The end of the lesson consisted  of trivia questions that the children answer in order to win a prize. By teaching the students this information, the teacher can ensure that they will live a better life. The epidemiological rationale for this topic is very serious. Childhood obesity has more than doubled in children and quadrupled in adolescents in the past 30 years (CDC,2014). The percentage of children age 6-11 years in the U.S. who were obese increase from 7% in 1980 to nearly 18% in 2012. Rate of obese adolescents ages 12-19 years increase from 5% to nearly 21% over the same period (CDC,2014). Obese adolescents are more likely to have pre-diabetes. Children and adolescents who are obese are at greater risk for coronary heart disease, bone and joint problems, sleep apnea, social and psychological problems such as poor self esteem. â€Å"Reducing childhood obesity is a public health priority that has substantial health and economic benefits†(Maurer, Frances, C. Smith, 2013.) The teacher claims that the overall teaching experience was quite enjoyable. It is extremely beneficial to be able to teach young children about topics that they are not well informed about. By teaching children about such serious health hazards at a young age, it is more likely that they will strive to take the necessary measures in order to avoid these hazards. The teaching experience allowed the teacher to see how much children knew about health promotion as well as what they wanted to know. The teacher learned how to make different topics easily understandable for children and as well as making the entire learning process fun and enjoyable. This experience helped the teacher realize that even by teaching a small group of children from one school, it is possible to make a difference in the health and wellbeing of America’s children. The community responded rather positively to the teaching. The students were excited to learn about new health promotion tips through a series of games and activities. The children were shocked to see how serious obesity really is as well as how many children it has affected throughout the country. Before this lesson, the children believed that eating healthy meant cutting out all types of sweets and sugary drinks completely. The children were elated to hear that they can be healthier while still enjoying some of their favorite desserts. Kids  react positively to games and rewards because it makes learning more fun. By getting the kids’ attention, the teacher ensures that they are listening and paying close attention to everything that the teacher has to say. After learning about obesity and the many negative affects that come from it, the children promised to change their eating habits as well as be more active in order to make sure that they stay fit throughout their lives. The children agreed to eat more fruits and vegetables and to play outside much more. The children have promised to limit the amount of time they watch television and play on the computer and replace it with riding their bikes or going to the park. This teaching process has taught the teacher about not only her strengths, but her weakness’ as well. The teacher is easily able to relay information in simple terms so that the children can understand as well do things such as creating games and trivia in order to make the lesson more exciting. Some weakness’s or improvements that the teacher can make includes being able to connect with the students on a closer level in order to truly help them understand the topic as well as finding new and creative ways to reward the kids when they answer questions correctly. At the end of the lesson, the students were asked to take a short survey regarding how well the teacher taught the lesson as well as how much the kids enjoyed it. Though the teacher received high scores from each child, she knows that there is still room for improvement and is determined to make these changes for the next teaching session that may occur.

Qualities of a good leader Essay Example | Topics and Well Written Essays - 500 words

Qualities of a good leader - Essay Example He placed great effort on how to guide the sales team and the very obvious way is about closing a sale and hit their target. Hitting the target sales for the month or so is not easy because of some factors. However, the sales supervisor whom I have known has to motivate the team in order to achieve their target. He personally motivates his sales team through tangible and intangible matters such as financial or emotional support. Based on his functions, he is required to listen to his team. For instance, listening to his team allows him to better understand the specific response of the market to their product or service offerings. He is also required to have persuasive character not only because he needs to convince their customers, but above all his own team. Most of the time, he needs to execute things for the good of the team, but at some point it has become a challenge for him to do so especially in the implementation process. A good sales supervisor has to set everything clear in order for his or her team to follow the right direction just like what he exactly has been doing. In sales department, it is required of the manager or supervisor to guide, motivate, inspire, listen and persuade the whole team in order to close a sale and hit their sales target at the specified time. Today, this is one of the most obvious approaches done in varying organizations in order to be a cut above the other. People at the sales department are required to be business oriented more than the other personnel in an organization such as those in the technical and accounting department. In marketing activity, the manager or supervisor has to think ahead of everyone else and it is in this reason he or she moves ahead aggressively especially on how to create a need for their service and product offerings, and eventually close a sale. In order to effectively and efficiently do this, the sales manager or supervisor must be able to stand as good

College Writing Essay Example | Topics and Well Written Essays - 750 words

College Writing - Essay Example Further, college students have come out as lacking in the skills of determining which information is relevant, how to obtain it and then how to evaluate the information critically before using it in their writing (Perelman, 130). The major controversy therefore is whether college students are actually lacking in the skills of utilizing sources of information effectively, or the college grading systems have forced the students to misuse the information sources. Nevertheless, whether through summarizing or paraphrasing, college students are not generally lacking in skills of information internalization and subsequent application in their work. Rather, the grading systems of the testing organizations are forcing the students to misuse or misapply the sources. Most contemporary argument regarding the best ways in which college students should complete their academic work and papers hold that summary is the most effective method of students obtaining information from sources. This argument holds that summary enabled students to obtain information from a source in a critical manner, and then incorporate it in their own work, since summary â€Å"compel the writer to understand the source† (Howard, Serviss and Rodrigue, 177). On the other hand, it is argued that paraphrasing is the most suitable method of the college students using information obtained from their sources, owing to the fact that information is most effective as a paraphrase, when it has been written in students’ own words (Perelman, 131). However, the problem may not even rest in which method students should apply in utilizing sources of information and incorporating them in their work. The major issue is what could be the reason behind the students using their s ources in the way the use them. The grading criteria approved and applied by the College Board requires that a

Financial Resources Mgt Assignment Essay Example | Topics and Well Written Essays - 2250 words

Financial Resources Mgt Assignment - Essay Example Categories of Financial Ratios The Financial ratios are divided into various categories, each identifying a key perspective of the business of the company. Liquidity ratios performance/activity ratios Activity ratios how well the facilities at the disposal of the concern are being used. The ratio is usually calculated on the basis of cost of sales. Gearing/Investment ratios These are of two types. Capital based ratios and Income based ratios. Capital based ratios establish the relationship between the capital provided by proprietor and the other sources of funds whereas income based ratios establishes the relationship between the total revenue of the company its financial charges. Profitability ratios It is used as a performance meter of the company. Models for predicting financial distress There are two kinds of models in practice in the financial world. Univariate models of distress predictions. Multivariate models of distress predictions. Univariate model A univariate model makes use of a single ratio for predicting financial distress of any firm or company. The basis of predicting whether a firm is experiencing financial distress or not depends upon the following element. The average ratio of the non distressed firms will differ from the average of the same ratio of distressed firms. The difference shall be used for predicting financial distress of the firm. Multivariate model Multivariate model uses various ratios at a time to work out a certain figure on which the prediction is based upon. Most multivariate models uses a specific formula which gives out a figure which tells us whether the firm or company is in non distress zone, or distressed zone. The analysis of the figure on which the decision is made varies with... Financial ratios are helpful in finding the performance of the company immediately. It uses key figures from the financial statements and analyses by comparing the results of the ratios to the ratios of a successful business corporation. These are of two types. Capital based ratios and Income based ratios. Capital based ratios establish the relationship between the capital provided by proprietor and the other sources of funds whereas income based ratios establishes the relationship between the total revenue of the company its financial charges. Multivariate model uses various ratios at a time to work out a certain figure on which the prediction is based upon. Most multivariate models uses a specific formula which gives out a figure which tells us whether the firm or company is in non distress zone, or distressed zone. The analysis of the figure on which the decision is made varies with the size of the company and the business which is carried out. Likewise univariate models of predicting financial distress, multivariate models chooses a point of score which is then compared with the score of the company calculated on the basis of a formula. Scores above the point are considered indicating a financially safe company while the score falling below the point is considered indicating a financially distressed company. The score calculated through the formula is known as Altman's Z score.