French and American Court System Research Paper - 1

French and American Court System - Research Paper Example The American Court System has basically the same degrees of organization with federal and state courts hearing the case when it is first brought up, a Court of Appeals for appeals made from the decision of the federal and state courts and the Supreme Court which has the final say when the case has not been resolved in the Court of Appeals. (American Bar Association, 2006); ( Wasby, 2000) As compared to the United States where the Supreme Court has the final authority on the interpretation of the Federal Constitution and all statutes and regulations created pursuant to it, the authority in France which has the final say on the interpretation of the law is divided into two: the Conseil dÉtat for administrative cases and the Court of Cassation for civil and criminal cases. The Jury System is a court proceeding where sentencing decision makers are people (note that it is more than one person) who may have no or little education in law and a judge as an arbiter/overseer of the proceedings such as in the United States. This is in contrast to other systems such as a Professional Judge which makes use of a career attorney delegated by the state to become a court’s sentencing decision maker. This is the mode among countries such as Japan and the Philippines. Besides from the jury which employs lay persons (lay in the sense that they may have little education in law), there also exists the lay judge where a layperson (singular) serves as the judge. This system can be found in many tribal communities where religion governs and legal codes and education are not yet well established. The jury is supposed to be the protector of the individual’s rights from the decision of the state by having the case presented to peers or equals of the accused who by being peers can understand the motivation or plight of the accused. Presumably, they are to understand the actions of the accused and judge whether the actions were prudent and acceptable to common values of equals in the same society.

Discuss the impact of globalisation on an African country. (Nigeria) Essay

Discuss the impact of globalisation on an African country. (Nigeria) - Essay Example There is not only economic aspect to globalization, as it also has an impact on the political, cultural and ideological aspects of countries and their relations. In the case of underdeveloped countries it is often viewed that Globalization helps in their development however this tends to vary as there are certain positive and negative effects of globalization in case of underdeveloped countries. In the eighties Globalization came out as a liberating force freeing the world from the military politics. In the nineties, with the advent of information technology it further gave the concept of turning the world into global village. It was with globalization that led to the adoption of western models by the underdeveloped countries such as Nigeria (Bigman). In Nigeria today there is a socio-economic flux that has been aggravated due to the cultural legacy (Bigman). Its economic position is quite weak mainly because of the inadequacy in its economic capacity as well as its infrastructure. This economic weakening is also attributed to the monoculture dependency and the terms of export trade which are quite unfavorable. There is also agonizing burden of debts. Also before 1986 the country had expansion policies for its monetary and fiscal policies due to its regulated economic regimes in order to develop the economy (Obadan). However due to the political instability and rise in corr uption these factors were worsened leading to less investment choices for foreign investors. In view of the globalization, Nigeria has followed a liberalizing trend whereby it has taken measures to facilitate its economy but due to the unfavorable macroeconomic conditions, credit facilities and technology the sectors could not produce accordingly. Also, despite opening its economy Nigeria has depended mainly on its oil exports where its foreign

What Makes Business Communication a Success

What Makes Business Communication a Success Introduction Business communication is vital for success in all business. Success in this context means, being able to accomplish a particular task or to achieve a specific objective. Good business communications in relationships either with fellow staffs or customers is needed in order to prosper. Business success can be measured in terms of the practicability of business relationships which is directly proportional to the quality of communication (Harvard Business School Press, 2003:122). In this paper I will look at the ways of achieving successful communication, the difference between slogans and media sound bites and how slogans are used to draw audience attention. Steps in Achieving Successful Business Communication The first step in successful business communication is to identify the communication weaknesses in a business. This can be through brainstorming where challenges facing the business can be identified. Such challenges can be obtained through reviewing the day to day activities of the business (Guffer Almonte, 2009:4). Some questions may serve as a guideline, these include: Have employees been provided with a good working environment? Are they happy with what they are doing? Has the business been able to satisfy all the clients? Is proper information provided to all stakeholders? Is there good flow of conversations? After reviewing the above issues, then the business has to address these challenges giving the first priority to the most troublesome. By addressing the challenges one by one the relationship in general is strengthened. There is need to develop proactive and constructive communication skills in order to tackle these challenges. Once a challenge is chosen, one has to consider the issues that make it a challenge then address them systematically. For example, a business may be faced by a challenge of unsatisfied employees; issues causing this may be inadequate communication, lack of a safe working environment or poor organization structure. If such issues are addressed, then that challenge will be tackled. Communication means more than just giving out messages; it involves speaking, listening, sending, and receiving messages (Guffey, Rogin and Rhodes, 2009: 4). In communication, listening is the key to success and most of the time listening gets people into problems because they do not practice it. For business communication to be successful, listening has to be proficient. Listening simply means holding back ones judgment and allowing answers to come from outside. When a business is faced with challenges, there are people who already know what the problem is. Allowing them to give their ideas concerning that particular problem really helps. It is not always easy to hold back and allow others to give their opinion but if this is practiced it results in business communication success (Krizan et al 2007:82). After listening and taking notes from the suggested solutions, a business can now move forward and define what it wants to achieve. This is a very critical stage and one has to be proactive in order to achieve success. One has to think about the benefits to be achieved and how they will affect the success of the business. A suggested solution may be to improve the businesss relationship with its customers. Strategies to achieve this includes but not limited to answering calls in a polite manner, addressing all concerns, listening to customers, responding to complains, providing information, and thanking customers for their support (Stone Jacobs, 2007:179). This helps in earning customers confidence. The next step is to prepare a communication plan that is proactive. This is a plan that is prepared after defining a business success and getting solution from the listening activities. Things to be included in the plan include: taking employees to seminars that cover topics such as customer care, organizing get together between employers and employees, rewarding employees, holding regular meetings, including major stakeholders in business decision, assurance to personal service among others. This plan does not concentrate in solving past troubles but in laying down a good foundation that guarantees business future success (Pride et al 2009:169). A communication plan should take into consideration the availability of resources and whether the business aims at a long term or short term objective. Once a communication plan has been prepared, the business now focuses on the implementation. The expected result should be kept in mind and the main constitute of the plan reviewed to make sure they are in line with the expected result. The implementation process should involve as many people as possible but it should have one person who is accountable to it. Once the implementation process is complete, the business should take time to reflect on what it has just done and consider whether it has been able to meet the objective of the plan. The final step of a successful business communication is evaluation of the results. One should go back two steps and review what was the objective and aim of carrying out the plan. The results should be evaluated to make sure that they are in line with the expectation. Once the business is satisfied with the result, it should take time to thank everyone who participated in the whole process and reward itself. Sound Bites Sound bites are brief statements that clearly state the aims, purpose, or nature of a certain product. They are taken from an interview of a person with authority such as a politician, a director, or a marketing manager of a certain company. Sound bites are considered to be the most important point from the interview by the people responsible for editing it and they are inserted into the news broadcast (Whitaker et al 2004: 289). For them to be effective they must use vivid self-motivated language, be brief and clear, outstanding and easy to repeat (Mclean, 2010:2). Slogans Slogans are short and memorable phrases that are used in advertising movements. They are aimed at drawing peoples attention to particular features of a product. The main purpose of a slogan is to emphasize an aspect that a company may wish to be remembered such as marketing its corporate image, product, or its consumer foundation. An effective slogan should give an overview of the benefits of a certain product, it should be direct and brief, give an implausible notion about the product or brand, and it should make the consumer feel a need for the product (Shimp, 2008:220). A slogan portrays the best image of a product. It should make a product appear as the best in the market. Examples of such slogans include: Guinness is good for you, Gillette- à ¢Ã¢â€š ¬Ã…“the best a man can getà ¢Ã¢â€š ¬Ã‚ , Persil -à ¢Ã¢â€š ¬Ã…“washes whiterà ¢Ã¢â€š ¬Ã‚ . Some slogans used in water conservation include à ¢Ã¢â€š ¬Ã…“conserve water and conserve lifeà ¢Ã¢â€š ¬Ã‚ , à ¢Ã¢â€š ¬Ã…“cut one tree, plant twoà ¢Ã¢â€š ¬Ã‚ , à ¢Ã¢â€š ¬Ã…“rainwater tank, wont break the bankà ¢Ã¢â€š ¬Ã‚ . The message in slogans is aimed for a specific purpose and for specific audience. An example of a reproductive slogan is à ¢Ã¢â€š ¬Ã…“keep that school girl completionà ¢Ã¢â€š ¬Ã‚  Palmolive soap. For survival à ¢Ã¢â€š ¬Ã…“obey your thirstà ¢Ã¢â€š ¬Ã‚  spirit, for a specific audience à ¢Ã¢â€š ¬Ã…“choosy mother choose Jifà ¢Ã¢â€š ¬Ã‚  Jif peanuts butter (Saad, 2007:156). Conclusion Business communication is vital in business success. For communication to be effective it should embrace good relationships with major stakeholders of a business. One has to establish the weakness in business communication, address these weaknesses and allow room for listening. Communication means more than just giving out messages; it involves speaking, listening, sending and receiving messages. Listening simply means holding back ones judgment and allowing answers to come from outside. The next step is to prepare a communication plan that is proactive. This is a plan that is prepared after defining a businesss success and getting solution from the listening activities then evaluate the results of the plan. Reference List Guffer, M. E. Almonte, R. (2009) Essentials of Business Communication. Cengage Learning, Guffey, E.M., Rogin, P. and Rhodes, K. (2009) Business Communication: Process and Product. Third Brief Canadian Edition. Nelson Education Ltd Harvard Business School Press, (2003) Business Communication. Harvard Business Essentials Harvard Business Press. Krizan et al., (2007) Business Communication. Cengage Learning McLean, S. (2010) Business communication for success: Sound bites and quotable quotes [Online]. Flat world knowledge. Available from: http://www.flatworldknowledge.com/pub/business-communicatin-success/70245 Pride et al. (2009) Business. Gale, engage Learning Saad, G. (2007). The evolutionary bases of consumption. Marketing and consumer psychology series. Routledge Shimp, T. (2008) Advertising Promotion, and Other Aspects of Integrated Marketing Communications. Cengage Learning Stone, B. Jacobs, R. (2007) Successful direct marketing methods: interactive, database, and customer-based marketing for digital age. New York, McGraw-Hill Professional Whitaker et al., (2004) Media writing: print, broadcast, and public relations. New York, Routledge

Rebel W/out A Cause Essay -- essays research papers

REBEL WITHOUT A CAUSE   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Rebel Without A Cause is a movie about three troubled, identity-seeking teenagers alienated from the world of their parents (Jim Stark, Judy, and Plato). Each of the movie’s main characters is searching for understanding, companionship, and a sense of belonging, much like most of the teenagers today. Even thought the movie is dated, it depicts the main problems and concerns that teens currently face. This film offers no answers. It merely presents the problems and the viewer is left to ponder how they'll turn out. I could identify with this movie on many levels. And I think that much of the young audiences out there could as well.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The movie seems to tell the audience that just because teenagers do some bad things, doesn’t mean they’re bad at heart. I agree. In the movie, Jim is pressured into participating in a chickie run with a local gang leader named Buzz. A chickie run is where two guys race in a car towards a cliff. The first one to jump out from his car is a chicken. Jim feels he has something to prove. He doesn’t want to race, but he feels he has to show everyone he’s tough. Usually most teenagers today don’t want to get into trouble, but if it is necessary to put their lives on the line they will, simply to maintain their reputation. This is primarily associated to a phenomenon that teens encounter every day of thei...

I.T and Hauhaus Essay

As they are the competitor within the market, the retailing strategies to be used are similar. Therefore, it is easier to collect and compare the financial data and draw out the conclusion to see which company would be worthier to invest. The report covers the company and industry background, ratio analysis, future forecast of two companies’ performance. 2)Company Background Bauhaus (0483, HK) Bauhaus was found in 1991. It has been listed on HKEX stock market since 2005. There are more than 200 retails store and over corners and point of sales in Hong Kong, Macau ,mainland China and Taiwan,. Apart from selling different foreign brand, liked Cheap Monday, G-Star, EVISU etc, Bauhaus also building the local brand liked Salad, T Tough Jeansmith and 80/20. It is a leading retail store in selling casual wear, especially for jeans item. There are 234 Bauhaus shops in Asia. Using the wholesale strategy, Bauhaus can expand the business from Asia to Western country. In the future, it may diversify its product line like launch more foreign brand to increase its competiveness. I. T (0999, HK) I. T was found in November of 1988. It has been listed on HKEX stock market since 2005. The Group has an extensive self managed retail network extending to nearly 450 stores across Greater China with staff around 4,800. The brands are well accepted in Thailand, Saudi Arabia, Australia, the Philippines and France. More stores will be opened in these places in the future. The feature of I. T retail store is group several brands in a sizable retail location. It owns a number of in-house brands liked 5CM, fingercroxx and X-large, as well as distributing European and Japanese designer’s brands such as French Connection and A Bathing Ape Comme des Garcons, D&G, etc. 3)Industry Outlook Hong Kong is one of the fashion hubs in Asia. There are a wind variety of local and international fashion brand locate there flagship store in Hong Kong. The competitive is dynamic and incentive. Hong Kong consumers are willing to spend money on fashion and clothing. As the purchasing power of is high, so the demand of fashion product is huge. According to CIA THE WORLD FACTBOOK, this entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. From this result, Hong Kong is ranking to 37 after compared to 227 countries in the year of 2010. According to the information from Asia Case Research Centre (ACRC), it shows that retail is the 2nd largest sector in the service industry that accounted for 85. 7% of Hong Kong’s GDP. Also, The Census and Statistics Department (C;SD) indicate that the value of total retail sales in October 2011, provisionally estimated at $34. 2 billion, increased by 23. 1% over a year earlier. Analyzed by broad type of retail outlet and comparing October 2011 with October 2010, wearing apparel increase 14. 6%; footwear, allied products and other clothing accessories increase 11. 3%. This data proofs that the demand of fashion items is huge and purchasing power in this region is relatively high. Besides, tourists come to Hong Kong are increasing each year; they bring with high purchase power in fashion items, especially those Chinese tourists. According to the statistics released by the Immigration Department, about 800,000 to 900,000 Mainland visitors travel to Hong Kong monthly. It shows that Hong Kong’s market has a huge potential development chance. According the data of Hong Kong government, the sales revenue of retailing business has a growth during April of 20010 to Feb of 2011. It is because the economic environment is better than past year. Hong Kong’s GDP fell in 2009 as a result of the global financial crisis, but a recovery began in third quarter 2009, and the economy grew nearly 6. 8% in 2010. In addition, China’s economy growth fast, the performance of its economy growth is greater than the other country. And Hong Kong’s economy is influenced by China very much. In the future, we can see that Hong Kong’s retailing business will growth rapidly. It seems a great chance to develop the retail business; however, there are some risks on the growth of fashion retail business in Hong Kong. Nowadays, Globalization is a hot topic of the world, more and more foreign brands enter in Hong Kong market, such as GAP, Forever 21, Zara, H&M and Monki, etc which provide good price and trendy design merchandises. They regarded Hong Kong as the stepping stones to go into the China market. With more branding in Hong Kong, the competition between them is becoming more intensive and serious. Therefore, the local fashion retailers have to build up their competitive advantages to withstand the impact from those foreign brands. Also, because of the inflation of Hong Kong and China, the cost of the materials, labor and transportation is getting higher. Garment manufacturing is a labor intensive activity. The cost of garment is mainly from the increasing labor cost and transportation cost. In order to deal with, the retailer probably need to order more amount of quantity each time to achieve the economy of scale, so the cost will be lower. Furthermore, as we know that Hong Kong’s rental price of shop is the first three expensive in the world. The rental price has been increasing rapidly in the recent years. From 2010 to 2011, the rental price was increased more than ten percent. So, rental price of the store is a core cost of any business, especially fashion retailer as it needs a large space for displaying and storing the products. The rental cost affects the profit of the fashion retailers. To conclude, Hong Kong fashion retail market is still positive. There are many great opportunity for Hong Kong fashion retail to expand its business. However, there are some uncertainty need to be pay attention, such as the entrance of foreign brands and the unstable rental cost. So, the local fashion industry needs to create a competitive strategy to deal with. For example, local fashion retailers can use the attractive marketing strategy, liked collaboration with other brands, provide excellent customer services and building great brand image. 4)Ratio analysis i) Test for profitability I. T (in HKD 000)Bauhaus (in HKD 000)* a)Return on Equity (Net income / Average stockholders’ equity)416945/[(1843212+1477723)/2] =25. 1%25. 1% b)Profit margins (Net income/ Net Sales)416945/3834422 =10. 9%11. 4% ii)Test for liquidity I. TBauhaus c)Current Ratio Current Asset/ Current liabilities1873282/1012495 1. 85%3. 3 d)Quick Ratio (Current Assets- Inventory)/ Current liabilities(1873282-736717)/1012495 =1. 1%1. 7 e)Inventory Turnover Cost of goods sold/ Average Inventory1405482/[(736717+394520)/2] 2. 52. 0 iii)Test for Solvency and equity position I. TBauhaus f)Debt/Equity Ratio Total liabilities/ Total stockholders’ equity(1012495+429852)/1843282 0. 78(149 7+126461)/494938 0. 26 iv) Market test I. TBauhaus g)Price/Earnings ratio Current Market Price per Share/ Earning per Share4. 88/0. 33 =14. 82. 98/0. 32 =9. 3 h)Dividend Yield Ratio Dividends per share/ Market price per share0. 146/4. 8 =3. 0%0. 177/2. 98 =5. 9% *Quote from annual report* Two financial reports announced in different date- Bauhaus- For the year ended 31 March 2011 I. T—for the year ended 28 February 2011 i )Test for Profitability Profitability is a primary measure of the overall success of the company. This is a class of ratios that are used to assess a business’s ability that generate earnings compared to its expenses and other relevant costs incurred. To determine rather the company is valuable for investing or not which need to get high profitability when compared with competitor’s company. However, in fashion industry, the sales revenue is seasonal. For example, the sales revenue is much higher during Christmas and Chinese New Year in Hong Kong. So, we should not compare the retailer’s fourth-quarter profit margin with the profit margin from the same period a year before because it would be far more informative. a)Returns on Equity This ratio indicating how much income was earned for every dollar invested by the stockholders. ROE can reflect if they have used the money that invested in the company to generate much more income. If the ROE is low, it shows that the returns of the investors will not be high. And the company doesn’t utilize the resources that they have invested. Two companies have a similar result of this ratio. Both two companies can generate about 20% of income using stockholders’ equity. It is because retail store is not very high investment to enter the market; it has higher ROE when compare to other industry liked Construction Company. In order to measure the company is worth to investing on; ROE ratio should not be lower than 15%. So, two companies are worth to invest on. b)Profit margin Profit margin is an indicator of a company’s pricing strategies and how well it controls costs. It is calculated by finding the net profit as a percentage of the revenue. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin. The higher profit margin means that the company has a higher ability to generate profit. I. T’s result is 10. 9%, it is lower than Bauhaus 11. 4%. I. T should minimize the expense. Bauhaus has a higher profit margin in 2010/2011. It shows that they have put effort to maximize the profit. Since compared with last year (10. 5%), it has been increased. i) Test for liquidly It is a class of financial metrics that is used to determine a company’s ability to pay off its short-terms debts obligations. A company’s ability to turn short-term assets into cash to cover debts is of the utmost importance when creditors are seeking payment. Bankruptcy analysts frequently use the liquidity ratios to determine whether a company will be able to continu e as a going concern. c) Current ratio This ratio measures the ability of the company to pay current debts as they become due. It is the important ratio that we can identify if the company has a good cash flow. If the debts recalled but the company does not have enough money to pay it, the company may be asked to bankrupt. On the other hand, current ratio should be in appropriate level. Ratio is too high means the company did not fully utilize the current assets to generate the profit. Bauhaus have a higher current ratio than I. T, it means Bauhaus’ ability of returning the debts is greater than I. T. It can more utilize current assets to generate more income. It shows that they have $3. 3current assets for returning $1 of current liabilities. Investor need to concern the ability of a company that utilizes the current asset. I. T has a lower Current ratio than Bauhaus. However, it is enough ability for them to returning the current liabilities when they are recalled. And it shows that I. T has better utilization of the assets to generate profit. It shows that they have $1. 85 current assets for returning $1 of current liabilities. d) Quick Ratio Quick Ratio is similar with the current ratio with no consideration on the inventory factor. It is more representatives to measuring rather the company can return the current liabilities immediately. The quick assets included Cash, Accounts receivable etc. These assets can return into cash in short time. Inventory will not be counted in this ratio as it may need longer time to return into cash and a risk of cannot be sold. It is a very important ratio for fashion industry, since the trends cycle of clothing is fast, the product may be in today, but out day tomorrow. So, fashion retailer should not keep too many inventories. Bauhaus have a higher in Quick ratio, however, compared with the current ratio, it is a great variation on two ratios. It means that the inventory tied up its current assets. It is not a good issue on a fashion company. They need to bare the risk on high discount of the product when the product is outdated. It will be high losses on the revenue. They can minimize the inventory through different method, liked big sale, buy one get one free and so on. Although the quick ratio f I. T is lower than Bauhaus, it is enough to returning the debts when all the current debts are recalled. e) Inventory Turnover This ratio measure how quick of a company sells their inventory. Higher inventory turnover lead to shorter cycle on inventory. Since inventory is not easily being sold out and transform into cash in a short period, fashion retailer should not hold too much inventory. Since fashion items are easily faded out. If the company store too much stock, the risk of the inventory cannot be sold out will be increase. Also, the expenses of storing will be occurred. Once the inventory is outdated, the company needs to sell it in a large mark down price. The profit of the company will be affected Since Bauhaus have a lower level on inventory, its inventory turnover will much slower than I. T. It may tie up the capital if the inventory cannot be sold. So, company should reduce the level of inventory. I. T has a greater performance on inventory turnover. It shows that they have shorter cycle on inventory. So that it is much easier transforming inventory into cash. iii) Test for Solvency and equity position It’s a set of ratio that to test the company can be able to meet it long-term repayment responsibility. It provides a measurement of company can continue to meet its debt obligations. f) Debt/ equity Ratio This ratio measure a company’s financial leverage calculated by dividing its total liabilities by stockholders’ equity. It indicates what proportion of equity and debt the company is using to finance its assets. I. T’s result is 0. 33, shows that $0. 33 liabilities that exists for each $1 invested by the owners. It is a very low value. Bauhaus’s result is 0. 21, which is lower than I. T. In the Balance Sheet, we can find out that Bauhaus did not ask for the long term debts from the third party. It shows that they don’t have the interest burden. The result shows that two companies is not using the debt financing to acquire the financial resources, liked selling bonds, bills or notes to the investors. Debt financing is much higher risk than equity financing. As these two companies is listed company, they would like use the equity financing to raise money. And the equity financing method is more safety and no regular interest burden. v) Market Test Market test relate the current market price of share of stock to an indicator of the return that might accrue to the investor. It based on the share market’s perception of the company. It can let the investor to know if the company is worth to invest. g) PE Ratio Current Market Price per Share/ Earning per Share This ratio measur e the relationship between the current market price of the stock and its earnings per share. The higher the ratio, the higher the perceived quality of the earnings by the share market. It also shows the future growth of company. If the P/E ratio is too high, it means that the value of the company is overstated. And it is not a good choice to investing on that company. I. T have a higher PE ratio than Bauhaus it means that the quality of the earnings by the share market is higher. It is more worth to invest h) Dividends Yield ratio This ratio measures the dividend-paying performance of different investment alternatives. The higher of result, the better performance. Bauhaus have a higher result, it shows that they have higher dividend-paying performance. If the investor wants to put the money into low risk and long term investment. They can choose this company. 5)Limitation on analyses of ratio Since two financial reports is announce in different ended date. The result may not be accurate. The fashion retail industry turnover is seasonal, like The Chinese New Year of 2011 was in February so the sales turnover must be high in that moment. After that, the turnover will be drop. So, these two companies will in different sales turnover rate. 6)Forecast of the company’s future prospects This part can be divided in to two parts, the 5 years income statement analysis and potential risk of the company. a)I. T The diagram shows that turnover have been increased gradually during 2007 to 2011. Although 2008-2009’s local economy is in down turn, the company still can strive to increase of turnover. It is predict that the company will probably maintain the increment since the economy situation is recovering and the local residents will spend more money on clothing items. The diagram shows that I. T had undergone a decrease on profit in year 2009 due the poor economy situation. And they suffered decrease of financial income. And the operating expense was higher than 2008. After 2009, there was a great improvement on profit. It has six times more profit comparing during 2010and nine times during 2011. It is predict that the company will probably maintain the increment of the profit if it can keep the level of expenses. However, there are some risks have been raised. The operating cost is increasing during these 5 years. Since the rental price is much higher in the recent years. They should adapt different strategy in order to keep the cost in the low level. Another risk is that I. T needs to pay attention that is the exchange issue. Since I. T sources many merchandises from different countries and the foreign exchange is unstable. For example, Japan YEN is much higher exchange rate. However, I. T’s buying office purchase many Japanese fashion brand products. So the cost and price of the merchandises will be impacted by the exchange rate. To deal with risk management, I. T embed a risk alert culture throughout the Group, the Internal Audit Department has implemented an annual internal control risk self-assessment to allow major business units to identify and analyze the risks underlying the achievement of business objectives and to determine a basis for how such identified risks to be managed and mitigated. In the coming future, I. T should pay more attention on risk management in order to prevent suffering from the economy situation and to have a greater growth. Bauhaus Bauhaus also have a gradual increase of turnover during 2007-2011. The increment from 2009 to 2010 was slowly. It may because of the economy situation was still not recovered yet. However, there was a sharply increment from 2010 to 2011. It is predict that, the turnover will be increased faster. Bauhaus also suffered a decrease of financial income in 2009. After 2009, there was an improvement on profit growth. However, the improvement is less than I. T. The diagram shows that the profit properly tends to be increased. Bauhaus also face the foreign currency risk and operation cost increment risk. The Group continuously monitors its foreign exchange position and, when necessary, will hedge foreign exchange exposure arising from contractual commitments in sourcing apparel from overseas suppliers. Generally, the Group introduces conservative strategies on its financial risk management. In the future, Bauhaus will have a great growth. However, in the fashion business market, the information is run fast, the risk is always happen. The company should build up a risk management system to minimize the risk of company operation. 7)Conclusion The financial performance of both Bauhaus and I. T compared in this report is great. And the prediction of their future growth is positive. Thereby, two companies are worth to be invested. The above ratios show that Bauhaus have a better performance than I. T. For the investor that can undergo low risk, so the investment on Bauhaus is more preferable. It is because the company growth and financial debt position is better, and it has a higher dividend yield, and they keep on paying the dividends in last 5 years. For the investor who wants to have higher return, I. T will be a good choice. It is because the PE ratio is lower, so the company still has a great improvement and the share price probably being increased. It’s good for the investor that purchasing the stock in low price and then sold them in higher price.

Health Care Innovations

Health Care in growing within their technological field every day. They are continuously coming out with new things that can help improve the world of health care as we know it. One of those things that they have come up with is online health care clinics. Online health care clinics are clinics that you can go to from anywhere where you have internet access, most people use it from home or by phone, but you can also use it while you are traveling as well. You can use these services day or night, and you just pick the state that you will be traveling through when the prescription is available.These clinics have all the same staff that a normal clinic that you would visit would have, accept you can do everything online right at from your fingertips. Virtual clinics treat common conditions such as acne, bladder infections, breast infections, burn and sunburns, some STI’s (chlamydia, Gonorrhea, Trichomoniasis) Cold, Cough and Allergy’s, Deer tick bites, ear pain, Flu, lice, pinkeye and styes, skin and nails issues and yeast infections. (â€Å"Virtuwell†, 2013). What happens is when you first log on to the clinic you create a username and password for future reference if you need to come back all your information can be saved.You provide all your information to a nurse practitioner, they review your information and within 30 minutes or so they get you a prescription or whatever treatment that is needed. You do not have to have insurance; if you do, the cost may be reduced if you do not have insurance its $40, plus the cost of the prescription. This is a quick and easy way to get those common conditions evaluated and treated by trained health care workers from the convenience of your home.Online health care can benefit patients because they do not have to leave their homes or offices in order to speak with a doctor about a condition and can get advice right there online or over the phone without having to wait in line and pay the costly office vi sit. Although this program is not available for more in depth conditions, common conditions that are easily treatable can be addressed in these online clinics. Online health care clinics can improve quality of life because of the convenience of seeing a physician online.However, for someone who does not have access to the internet or does not really know how to use the internet it may not be as useful for them. By having these services available to speak with a doctor online and having common conditions diagnosed it will decrease health care spending because not as many patients are going into the clinics or hospitals for common conditions which allows lower cost in health care. It is also more cost effective for the patients because if they do not have insurance it’s a small fee versus getting a higher medical bill by going into an actual clinic that they would not be able to pay later.Patients can decrease the amount of money they are spending on health care by utilizing th ese online health care clinics. They will not be paying for expensive office visits and if a prescription is required for their condition, they can ask for a generic drug that will also reduce health care spending. These virtual clinics are also nice for health care providers because it allows them to see and diagnose more patients in a shorter time. In addition, everything is online so you are avoiding the cost of paper being used because it is all stored online.You even have the option of keeping your records online for you to come back and access at anytime that need to see them. This is not only cost effective for the patient but also for the health care provider as well because they are reducing the amount of money it cost to store those records. I believe that online health care clinics will become a big trend into the future as our technology continues to advance. I know there isnt a lot of states right now that offer this program.Virtuwell is only offered in Minnesota, Michi gan and Wisconsin, but as the word gets out about this program, I think that more and more states will develop online health care clinics because it avoids people coming into the clinics and passing germs around, with the option of going online you can stay at home and the sicknesses can be more controlled. ————————————————- References Virtuwell. (2013). Retrieved from http://www. virtuwell. com

How to Correctly Place Too and Enough in English Sentences

How to Correctly Place 'Too' and 'Enough' in English Sentences Too and enough  can modify both nouns, adjectives, and adverbs. Too  indicates that there is too much of a quality, or too much or too many of some object. Enough means that there is no need for more of a quality or object. Here are some examples: Shes too sad these days. I wonder whats wrong.I dont have enough sugar. Lets go to the supermarket.Youre driving too slowly!There are too many students in this class. It should be smaller.This test is difficult enough already!We have too much pollution in the world. Focus on Enough Reading the examples, you may notice that enough is sometimes placed before the word it modifies. For example: What do we need for dinner? I think we have enough vegetables, dont we?She feels that Tom has more than enough time to help. In other examples, enough is placed after the word it modifies. For example: You should ask John for help. Hes rich enough to help us all!I dont think they are smart enough to take that class. Take a look at the words modified in the examples above. You will note that enough is placed in front of the nouns vegetables and time. Enough is placed after the adjectives rich and smart. Rules for Enough Adjective Enough Place enough directly after the adjective modified when using enough as an adverb to mean to the required degree or extent. Hes not patient enough to understand children.My friend wasnt intelligent enough to take the job. Adverb Enough Place enough directly after the adverb modified when using enough as an adverb to mean to the required degree or extent. Peter drove slowly enough for us to look at all the houses.The students studied carefully enough to do well on the exam. Enough Noun Place enough directly before a noun to state that there is as much or as many as required. Do you have enough money for your vacation?Im afraid we dont have enough oranges to make the dessert. Focus on Too Reading the examples, you can notice that too is used with nouns, adjectives, and adverbs. However, when using too with nouns, too is followed by much or many. The choice of too much or  too many  depends on whether the noun modified is countable or uncountable, also referred to as count and non-count nouns. Anna is too concerned about her grades.The boys are too crazy today!We have too many books in this room.There is too much information to learn these days. Rules for Too Too Adjective Place too before adjectives to state that something has an excess amount of quality. Hes too angry about that incident.Mary is too anxious about her cousin. Too Adverb Place too before adverbs to state that someone is doing something to an excess or more than necessary. That man is driving too slowly. I wonder if hes been drinking.You are speaking too rudely to that man. Its important to be kind! Too Much Uncountable Noun Place too much before uncountable nouns to state that there is an excess amount of an object. We have too much time on our hands this weekend.Youve put too much sugar in the cake. Too Many Countable Noun Place too many  before plurals of countable nouns to state that there is an excess number of an object. Franca has too many problems to deal with this week.The boys have bought too many clothes. Lets take some of them back to the store. Too / Enough Quiz Rewrite the sentence adding too or enough to the sentence to modify an adjective, adverb or noun. My friend isnt patient with his friends.I dont have time to get everything done.I think the test was difficult.There is much salt in this soup!You are walking slowly. We need to hurry up.  Im afraid I have many responsibilities.Peter isnt working fast. Well never finish on time!I wish I were intelligent to pass this test.  Is there wine for dinner?He types quickly, so he makes a lot of mistakes. Answers My friend isnt patient enough  with his friends.I dont have enough  time to get everything done.I think the test was too  difficult.There is too  much salt in this soup!You are walking too  slowly. We need to hurry up.  Im afraid I have too  many responsibilities.Peter isnt working fast  enough. Well never finish on time!I wish I were intelligent enough  to pass this test.  Is there enough  wine for dinner?He types too  quickly, so he makes a lot of mistakes.