Financial resources and decisions Essay Example | Topics and Well Written Essays - 2500 words

Financial resources and decisions - Essay Example After utilizing the three capital budgeting techniques, I strongly recommend project A as it generates a higher annual rate of return on average investment, shortest payback period, and higher net present value. Task 2. The following table shows the computed unit costs of products A, B, and C. It should be noted that to ensure accuracy, Microsoft Excel Spreadsheet is employed in calculation. The overheads are allocated according to machine hours in the case of machining department, and labor hours in the pressing and cutting department. The overhead rates are computed as follows: 1. For machining overhead costs, the total amount of overhead costs is computed and is divided with the total machine hours; 2. For cutting, the total overhead allocated to cutting is divided by the total number of labour hours both skilled and unskilled; 3. For pressing, the total overhead allocated to pressing is divided by the total number of labour hours used. Thus, machining has an overhead rate of 2.33/ machine hour, cutting has an overhead rate of 1.83 labor hour, and pressing has an overhead rate of 1.42/labor hour. For the services department, these are the cost allocations: The overhead costs for the services departments are allocated based on machine and labor hours computed above. For example, the overhead rate for cutting is allocated by dividing the total costs for cutting by the total number of skilled and unskilled labor hours for cutting. The following are the computed overhead rates for the engineering department: while the following are the computed overhead rates for the personnel department: It should be noted that in the case of personnel department costs allocated to the engineering department and vice versa is computed by...However, this technique disregards the additional cash flow which can be recouped from the project as it only focuses on the time when the whole investment will be recovered. The Net Present Value (NPV) analysis is very much different from the other two techniques discussed as it takes into account the time value of money. This method recognizes that the value of a pound today is greater than its expected value tomorrow. This technique is favored by more economists and managers because it is more realistic. It also takes into account the total cash flow from the investment including the depreciation and the tax shield from it. After utilizing the three capital budgeting techniques, I strongly recommend project A as it generates a higher annual rate of return on average investment, shortest payback period, and higher net present value. The overhead costs for the services departments are allocated based on machine and labor hours computed above. For example, the overhead rate for cutting is allocated by dividing the total costs for cutting by the total number of skilled and unskilled labor hours for cutting. It should be noted that in the case of personnel department costs allocated to the engineering department and vice versa is computed by dividing the total cost to the total number of units produced for each product. Price sett

Palliative Care in Heart Failure Essay Example | Topics and Well Written Essays - 3000 words

Palliative Care in Heart Failure - Essay Example In some cases there is only a slight reduction in the power of the ventricle, which causes mild symptoms. If the power of the pumping action is greatly reduced then more severe symptoms will result. Diastolic dysfunction. This means that the left ventricle does not fill up with blood as much as it should when the heart rests between each heartbeat. This may be due to various factors. For example, the ventricle may not relax fully between each heartbeat, or the ventricle may be more 'stiff' and less easily stretched than it should be. "Heart failure may be the result of damage to the heart muscle. The damage is most commonly caused by a heart attack, but sometimes it may be caused by excessive alcohol consumption or a virus infection. This may be referred to as 'cardiomyopathy.' Cardiomyopathy is a condition of the heart muscle where the cause is often not known". (2006c) "Heart failure can also result from conditions which put an extra workload on the heart. The heart may have coped with this increased workload for many years before heart failure occurs. Problems which can cause an increased workload include": (2006c) Heart failure is a common condition; estimates of prevalence range from 2to 10per 1000population, and the incidence is rising as more people survive acute coronary events 1. The median survival for heart failure (16months after first hospital admission, unadjusted) is worse than for many of the common cancers 2. Despite this poor outlook, those who die of the condition in the United Kingdom seldom access specialist palliative care services, and responsibility for their care lies with primary care, cardiology, geriatrics, or general medicine. Palliative medicine grew out of the hospice movement, and cancer charities still make a substantial contribution to the costs of palliative care. This, coupled with professional doubts over the wisdom of expansion, means that specialist care of the dying is virtually synonymous with cancer care in the United Kingdom 3. Palliative Care "Simply stated, palliative care is support and comfort for individuals and families living with chronic or life-threatening illnesses". (2006f) It can also be referred to as "Active total care offered to patients with progressive disease and their families when it is recognized that the illness is no longer curable, in order to concentrate on the quality of life and the alleviation of distressing symptoms in the framework of a coordinated service. The focus of Palliative Care is neither to hasten nor postpone death. It provides relief from pain and other distressing symptoms and integrates the psychological and spiritual aspects of care. Furthermore, it offers a support system to help relatives and friends cope during the patient's illness and bereavement" (2006h). Palliative care focuses on: Relieving pain and other uncomfortable symptoms Helping families and friends involved in caregiving Planning for chronic care and facing the end of life for patients with Cancer, chronic lung disease, heart disease and heart failure". (2006f) Heart Failure with respect to Palliative Care Several

Teenage Pregnancy Essay Example for Free

Teenage Pregnancy Essay Challenges of Teenage Parenthood A. Parenthood Options B. Continuing Education C. Financial Problems V. Conclusion Teenage pregnancy is a major concern in todays society ;there are many ways to prevent teenage pregnancy, many people to get advice from, and many decisions a teenage parent must make. The statistics tell that the U. S. has the highest rate of teen pregnancy Teen Pregnancy Teen Pregnancy ; Parenting You sit there tense, your face is turning cherry red, your eyes are fixed on the little white machine, and you feel like the suspense is and births. More than 4 out of ten young women become pregnant at least once before they reach the age of 20-nearly one billion a year(Teen Pregnancy Facts and Stats 1). Teenage pregnancy has declined slowly but steadily. These recent declines reverse the 24-percent rise in the teenage birth rate from 1986 to 1991 (Teen Pregnancy Facts and Stats 1). Usually only one-third of teenage mothers receive a high school diploma. The rest of the mothers usually end Teen Pregnancy You sit there tense, your face is turning cherry red, your eyes are fixed on the little white machine, and you feel like the suspense is killing you, two minutes p on welfare. A majority of both boys and girls who are sexually active wish they had waited. Eight in ten girls and six in ten boys say they wish they had waited (Teen Pregnancy Facts and Stats 1). Many people are concerned about the problems teenage parents and their children face. The health risks for a teenage girl who becomes pregnant increase sharply. One of the concerns of teenage mothers is the health risk. Usually young women have Teen Pregnancy Teen Pregnancy Over the past two decades, the rates of teen pregnancy have grown dramatically. According to the Prevention of Teen Pregnancy, approximately every thirty-one seconds teenage pregnant in the more complications in pregnancy than older women. The most hazardous complication is low birth weight. One out of seven babies born to teenage mothers have a low birth weight (Hildebrand 88). Poor eating habits, smoking, or using alcohol or drugs, cause low birth weight. Premature babies and babies with low birth weights often have organs that havent fully developed, such as lungs, heart and brain. These babies get sick easier than normal weight babies. As a result Teen Pregnancy The situation is as follow: A teen girl (anywhere from the age thirteen to eighteen) finds herself in a sexual relationship with a male. The end result is from what was motioned above, teenage mothers are considered to be in the high-risk health category. They need good prenatal care as soon as they find out they are pregnant. A doctor, nurse, or other medical practitioner gives most of the information about nutrition. Prenatal care can help prevent pregnancy complications and improve ones chances of having a healthy baby. The best way to prevent teenage pregnancy, which is 100% effective, is abstinence. Most teenagers have a whole Teen pregnancy Teen Pregnancy There are a lot of teen mothers growing up in this world wondering, what if I would have stayed in school? What could I have become? life ahead of them and having a child will cause a lot of complications in your goals. Its not impossible for teenage mothers to complete high school, or try to reach their goals in life, but having a child could very well interfere with these goals. Another way of protection is condoms. There are a lot of protections out there, but these protections are not 100-percent reliable. There are a lot of places and people to go to Teen Pregnancy Teen Pregnancy There are a lot of teen mothers growing up in this world wondering, what if I would have stayed in school? What could I have become? for support and advice. In addition there are many organizations and hotlines a teenage mother can contact for advice and assistance. Parents and family are one alternative. There are a lot of teenagers that are afraid of their parents reactions. However, most parents are calmer and more supportive than teenagers expect. Most parents are shocked when the teenager comes and tells them that they are pregnant. Just give the parents time and they will try to give their Teen pregnancy Teen Pregnancy There are a lot of teen mothers growing up in this world wondering, what if I would have stayed in school? What could I have become? teenager the best advice that they know. The school nurse or counselor is another place to get advice. The counselor usually can gather up pamphlets and brochures about pregnancy. The counselor can also help the teenager remain in school. They are very supportive and understanding. Doctors and clinics are very important for a teenage parent to go to. There are a lot of home pregnancy tests available, but the doctor is a lot more reliable and gives

The American Renaissance Essay -- American Renaissance Literary Master

The American Renaissance period, circa 1876-1917, heralded a new sense of nationalism with a pride linking to a spirit akin to Greek democracy, the rule of Roman law, and a cultural and educational reform movement often referred to as Renaissance humanism. This American nationalism focused on the expression of modernism, technology, and academic classicism. Renaissance technological advancements include wire cables supporting the Brooklyn Bridge in the State of New York, along with cultural advancements found in the Prairie School houses, Beaux-Arts Institute of Design in architecture and sculpture. The political heir of American nationalism evolved with the Gilded Age and New Imperialism school of thought. The American Renaissance produced major influential literary works from some of the most brilliant minds in U.S. history, including Ralph Waldo Emerson's the "Representative Man (1850)", Nathaniel Hawthorne's "The Scarlett Letter (1850)" and "The House of Seven Gables (1851)," Her man Melville's "Moby-Dick," Henry David Thoreau's "Walden (1854)," and Walt Whitman's "Leaves of Grass (1855)." American Renaissance Literary Masterpieces The American Renaissance, a literary and cultural period circa extending from 1820 to the mid-1860s, gained inspiration from the unresolved issues of the American Revolution. The American Renaissance literary style was coined as "Romanticism," an international philosophical movement that redefined the perceptions of Western cultures, and seldom refers to the preconceived notions of love. Some important authors arising out of this era include: James Fenimore Cooper, Nathaniel Hawthorne, Harriet Jacobs, Emily Dickinson, Ralph Waldo Emerson, Henry David Thoreau, Edgar Allen Poe, and Herman Melvill... ...nt known as Transcendentalism and its impact on the American Renaissance. Apocalyptic and Utopian Society: A symbolic presentation of post-apocalyptic America and the utopian society. Romanticism: Musical Composition: Course material covering the musical composition of the Romantic period, also known as the American Renaissance. The American Renaissance period brought about major cultural, social, political, and philosophical change. Pioneers who stood for the abolition of slavery, women's suffrage, expansion, and literary experimentalism challenged and withstood opposition to those comfortable with the old social order. These developments continue to influence our society today, despite overcoming major obstacles within the last century. Only we can take advantage of present opportunities to influence and bring about positive change for future generations.

Lord Of The Flies Chapter 4: Painted faces And Long hair :: English Literature

Lord Of The Flies Chapter 4: Painted faces And Long hair At the beginning of this chapter the link with moral order and civilisation is still present This is noticeable when Roger is throwing stones but makes sure they do no hit Henry. This is because â€Å"the taboo of the old life† is still strong, â€Å"Round the squatting child was the protection of parents and school and policemen and the law† However there is a suggestion that civilisation is becoming remote for the boys â€Å"Rogers arm was conditioned by a civilisation that new nothing of him and was in ruins† Civilisation is a distant memory. Roger and Maurice are beginning to behave differently towards the littluns. They kicked their sand castles over, buried the flowers and scattered the chosen stones. They enjoy doing this, something they would have not done in their past life as they would have been punished by their parents. Maurice realises this while walking away as he â€Å"still felt the unease of a wrong-doing.† This shows that although they have broken away from their past life, by rule breaking, they still have a sense of right and wrong. Moral standards are under threat in this new environment. Jacks standards and morals have been eroded. He claims that his war paint is for camouflage and will help him when he is hunting, â€Å"They don’t smell me. They see me.† He claims. Jack is excited by his new appearance. However the war paint removes him from his previous identity. The others are â€Å"appalled† as Jack â€Å"began to dance and his laughter became a bloodthirsty snarling.† He takes on primitiveness and leaves behind the rules and laws from his previous life. The war paint mask appeared to be taking control â€Å"the mask was a thing on it’s own† and it â€Å" compelled them† Jack had left behind his â€Å"shame and self consciousness.† Piggy is trying to maintain a link with civilisation by suggesting they could make a sundial. However this is treated with sarcasm and ridicule from Ralph â€Å"and an airplane, and a TV set†¦ and a steam engine.† Piggy, keen to be accepted misinterprets Ralph’s smile as a friendly gesture but Ralph becomes dismissive and moves away. The boys suddenly realise that their fire has gone out and a ship passes by without seeing them. Ralph hears the hunting processions chanting led by Jack. During the early days Jack could not bring himself to kill a pig. However killing has now become acceptable. The boys involved in the hunt have broken what was earlier, a taboo. Not only are they now prepared to kill, they actually take real pleasure in doing so â€Å"Kill

Collective unconscious Essay

Carl Jung was born in Kesswyl, Thurgau, Switzerland on July 26, 1875. His father was kind but weak, while his mother was an insecure woman but with two personalities: (a) kind and loving (b) harsh and aloof. Jung was lonely at childhood making him introvert. In 1906 he published The Psychology of Dementia Praecox, a psychoanalytic treatment of schizophrenia. He first met Freud in 1907 and Freud regarded Jung as his son and they travelled and worked together that lasted until 1913. Freud and Jung had an argument that ended their friendship. Freud considered it as the â€Å"Great Loss†. Jung is the first president of International Psychoanalytic Society. Jung established his own school of psychology named â€Å"Analytical Psychology†. Jung begun the structure of personality and made the ego, personal unconscious and the collective unconscious. Dynamics of Personality Carl Jung conceived that the personality or psyche as being a partially closed energy system. Energy from the outside sources must be added into the system and the system will only be perfect and stabilized if it is completely closed. He called psychic energy as the energy by which the work of personality is performed. Psyche – refers to all psychological processes: thoughts, feelings, sensations, wishes, etc. It is also another term for personality. Principle of Equivalence – states that if a particular value weakens the sum of the energy represented by the value will not be lost from the psyche but will reappear in a new value. Principle of Entropy – states that the distribution of energy in the psyche seeks equilibrium and balance. Structure of Personality. 1. Ego – it is one’s conscious mind. It serves as the organized conscious mediator between the person and reality especially by functioning both in the perception of and adaptation to reality. 2. Personal unconscious – the material in the personal unconscious comes from the individual’s past. It consist f experiences that was once conscious but have been repressed. 3. Collective unconscious – is the part of the collective psyche that is unconscious. It is the storehouse of latent memory traces inherited from one’s ancestral past. Archetypes – it is the universal thought form or predisposition to respond to the world in a certain way. It emphasizes potentialities; it represents different potential ways in which we may express our humanities. The Self – it represents the unity of all parts of the personality. It is the central archetype. Self Ultimate unity of personality (the central archetype) Persona Mask or Social Role Shadow Animal instincts or the opposite of Persona Anima Feminine side of male psyche Animus Masculine side of the female psyche. The Persona – refers to the social role that one assumes in society. It is a mask that one wears to adjust to the demands of society. The Shadow – encompasses those unsocial thoughts, feelings and behaviours that we potentially posses and other characteristics that we do not want to accept. The Anima – feminine side of the male psyche. The Animus – masculine side of the female psyche. Word association – a test used by Jung to detect complexes. The test is composed of a list of words; as each word is presented, the patient responds with the first word that comes to his or her mind. Complexes – an organized group of thoughts, feelings and memories about a particular concept that has power to draw new ideas into it and interpret them accordingly. Basic Attitudes Extroverted attitude: a standpoint characterized by an outward flowing of personal energy — an interest in events, in people and things, a relationship with them, and a dependence on them. Introverted attitude: characterized by an inward flowing of personal energy—a withdrawal concentrating on subjective factors. The Four Functions Thinking – gives meaning and understanding; actions are a result of an intellectually considered motive; life is based on principles. Feeling – a rational function that weighs, values, and attaches a proper value to things. Truth is seen as inter-subjectivity. Sensation – emphasis on perception through the senses. It is a reality functions because it yields facts and the representations of the world. Intuition – tells of future possibilities and gives information of the atmosphere which surrounds experience. Causality vs. Teleology For Jung both past and the future standpoints are important in determining the present behaviour. Teleology explains the present in terms of the future while causality explains the present in terms of the past. Individuation – process of restoring wholeness to the psyche in adult development. Transcendence Function – is capacity to unite all of the opposing trends of the several systems to work toward the perfect wholeness. Self realization – is process of development that involves individuation and transcendence. In the process, the systems of the psyche achieve their fullest most complete differentiation and harmonious blending of all aspects of a human’s total personality. Strengths Jung’s theory as the first to discuss the process of self actualization. He was the first to emphasize the importance of the future in determining human behaviour. He stressed the attainment of selfhood as the main motive in human behaviour. Weaknesses Jung’s method was not systematic and puts too much emphasis on occultism, spiritualism and religion. His theory was said to be unscientific, unclear, inconsistent and contradictory. His self actualization is only applicable to the highly intelligent, well educated and those who have plenty of time to reach a degree of individualism. Sources: Engler, B. (2006). Personality Theories: An Introduction. USA: Houghton Mifflin Company. Hall, C. , Gardner, L. (1975). Theories of Personality. USA: John Wiley & Sons, Inc. Burger, J. (2008). Personality. Belmont, California, Wadsworth Clonniger, S. (2004). Theories of Personality: Understanding Persons. USA: Pearson Prentice Hall Mitchell, G. Carl Jung & Jungian Analytical Psychology. Retrieved from http://www. trans4mind. com/mind-development/jung. htmlÃ'Ž

Generic vs. Name Brand

You Get What You Pay For When you shop for groceries where do you stand in choosing either a generic vs. brand name product? Do you reach for the brand name box of Kraft macaroni and cheese, or would you rather pick up a generic box of macaroni and cheese to save that extra 10 cents? Is your decision based off a difference in taste or is it simply a matter of paying for quality of the product? What does spending more money on a brand name food product have to say about who we are in our culture today?Today there is an idea that by buying a brand name product a person is buying something of more quality, which can strangely in turn determine our importance in society. My mother stood firm by the phrase â€Å"you get what you pay for†. Meaning name brand foods taste better and are higher quality, and that the no name â€Å"generic† brands are cheap and don’t taste as good. I even remember years ago on a routine trip to the grocery store, my mother asked me to get s paghetti sauce. When I returned my mother remarked, â€Å"Lauren you got the wrong sauce.Please run and get me the good sauce, the name brand spaghetti sauce, not this cheap gross sauce†. Afterwards she was even given a taste test between the two sauces, and struggled to make a choice and give me the right answer to support her belief. Considering most generic brand foods and the name brand foods taste almost identical to one another, wouldn’t one think that the less expensive, no name brand would be the obvious one to buy? Yet society still is drawn to choose the name brand items.Shoppers are quite leery of some categories. Although they’ll snap up store brand paper goods and plastics, consumers almost never buy store-brand wine, pet food, soda, or soup. That may be especially true when the category includes a name brand such as Coca-Cola or Campbell’s. Most grocery store shoppers know that buying generic store brand products instead of the brand name pr oducts can save a lot of money. In fact, by filling a shopping cart with generic brands could save an average of 30 percent on your purchase.If you spend $100 a week on groceries, those savings add up to more than $1,400 a year. Yet some shoppers are insistent to go for the name brands for the reason that they have a name to protect with their product. Meaning satisfaction of the product is guaranteed. However, if they taste the same why is there a price difference at all? Several reasons for the discounted price on the no name generic brands is that companies don’t spend a lot of time or money on product development or on advertising or promotion costs.You definitely pay a little bit more money for the label that is researched, designed and marketed to be more appealing to the targeted buyer. The generic brand companies keep cost low by taking the extra costs of research, marketing and graphic art frills away and presenting you with a less flashy, less quality version of pac kaging for a lower amount of money. People buy generic products to save money, however, it may also have an effect on the buyer’s own sense of self-worth. Buying generic products lower self-esteem. Indulging on top quality items makes us feel better about ourselves.For the most part, buying nice things makes us happy. Although, there are those who find joy in buying generic as well. Some may feel genuinely smart when using generics instead of brand names. This may be a result of the feeling that they received an equal product for less money. Yet that unconscious link between the products we buy and how they make us feel about ourselves suggest that if holding a box of generic corn flakes in the supermarket makes you feel like â€Å"a loser,† than you might want to put it down and reach for the Kellogg’s.To support that brand name foods are better it’s been argued that cost also has to do with the quality of products that are put into the item. You should compare the ingredients of the generic and the name brand before buying. Make sure that they have the same ingredients and that the generic does not have more unhealthy ingredients than the generic. Also, a brand name tends to have a little bit higher quality of products than the generic version. While the generic may list the exact same ingredients, it may not be as good of quality which â€Å"could† affect the taste.The individuals that usually buy brand name products have a tendency to believe they must buy them in order to get good quality. Meaning of course better quality is overall â€Å"better† in taste and health. Although, the qualities of ingredients between products are almost always identical to one another, making this argument nearly useless. The idea of better quality in name brand versus generic moves on still into a more psychological aspect rather than just economic.Society continues to buy into the belief that if it costs more it must be better. Why is that a fancy picture and a higher cost for a product give a person the impression that owning this item makes them feel better about themselves? Pride of ownership comes to play, and something about buying better quality makes a person feel better about a their own status in society. Perhaps a person may feel they work hard and deserve the best or that if they buy the name brand, they will experience better health, happiness, or appearance.This is supported with the fact that even though the spaghetti sauce taste test proved to my mother that there was little or no difference between sauces, she still buys and insists the name brand sauce is better. To this day you will rarely find a generic brand food box or label in my mother’s pantry. Do you really get what you pay for? Well, if you want to help pay the salaries of the advertising, development and research teams that go into the name brand products then you do! However, if you want to save money and still experience a q uality product with a comparable taste, generic no name brands would be the obvious answer.