Finance case study. Explain two methods that John and Jackson might have used to finance the business start up. Essay Example

Finance case study. Explain two methods that John and Jackson might have used to finance the business start up. Essay Example Finance case study. Explain two methods that John and Jackson might have used to finance the business start up. Essay Finance case study. Explain two methods that John and Jackson might have used to finance the business start up. Essay Outline the main costs and revenues for the business (4 marks) AO1: Kn: State start up costs and running costs AO2: Ap: state costs that are relevant to their business Costs of a business are outgoings and examples for John and Jacksons business are machinery, materials for washing ie: sponges and liquids, rent of the premises and space, as well as furnishings for the waiting area ie: TV and seating. Revenues is money coming into the company from customers, the main revenues are from car washing, car care products and coffee and snacks. : Explain two methods that John and Jackson might have used to finance the business start up. (4 marks) AO1: Kn: State to possible ways of financing AO2: Ap ; An: Provide a detailed explanation The first method that can be used to set up their business is their own savings, this is beneficial as there would be no interest charged on this money, however if the business does not do well they would have lost their money. They could also ask friends and family to invest in the business although to do this they would need to set up as a private limited company. The car wash machine will cost around à ¯Ã‚ ¿Ã‚ ½15,000 , john and Jackson have left themselves the choice of: (12 marks) a. Borrowing à ¯Ã‚ ¿Ã‚ ½15,000 from Jacksons father, for which he would want a shareholding b. Borrowing à ¯Ã‚ ¿Ã‚ ½15,000 from a 5 year bank loan, secured on the machine Discuss the advantages and disadvantages of each possible source. Recommend which would be best. Give reasons for your answer. AO1: Kn: show understanding of the different sources of finance AO2: Ap An: discuss the advantages and disadvantages of both methods AO3 / 4: Ev: making a judgement which one is better and why. Borrowing the money from Jacksons father would be beneficial because there would be no interest on the loan and the money could be obtained easily and quickly allowing them to get on with starting the business, they also may not need to pay the money back immediately which will help initially with cash flow. However, if the father has put a large amount of money into the business he will in time expect a share of the profits which will mean less profit for John and Jackson. In addition to this Jacksons father may also expect a say in the way they should run the business and this could lead to disputes. Borrowing the money from the bank could be beneficial as unlike Jacksons father the bank will not interfere in how the business is run and although the money will need to be paid back once the loan has been paid back the bank would not expect any future payment from the profits that are made. However the bank loan will have to be paid back with interest, if the interest rates rise then the monthly payments will increase this can have an effect on cash flow as suddenly the business outgoings could be more than in comings and therefore no cash running through the business for buying supplies, this can have a very negative effect on the business. Also if the business is not successful and does not make any profit the loan will still have to be paid back to the bank, they may have to sell off their assets and personal belongings especially if they are a partnership with unlimited liability. With this in mind I think it would be better in the first instance for them to borrow the money from Jacksons father because although this may lead to less profits for each of the owners and possible disputes it is less risky until the business is up and running and proves to be a success. The cash flow problems associated with interest payments on loans could force them out of business.

Third Way essays

Third Way essays We live in a world of dramatic change and the old ideologies that have dominated the last century do not provide the answers. (Tony Blair). Do you think Blairs Third Way provides the answer? In this essay I intend to examine the underlying concepts of the Third Way and the solutions it has to offer on some of the major issues confronting contemporary British and politics. I shall in no way be able to do justice in this short essay by discussing the Third Way in any great detail as the Third Way itself has proven to be a very ambiguous subject. I am proposing to structure this essay in a way so that I shall be able to cover three to four central ideological concepts of Blairs Third Way. So what is the Third Way. Its critics claim that its eyewash, void of any real substance. They hold it to be a collaboration of policies, which are with out any real content. They define the Third Way as being undefined, an elusive set of doctrines which have been taken from existing ideologies on orde r to form an incoherent set of policies. They argue that the underlying concept of the Third Way is in no way unique, its remnants can be found littered throughout the twentieth century where a compromise or a third way has a always been sought to the problems of that particular time. Alan Ryan offers the following interpretation: The Third Way is a distinct and viable political position, but it isnt an innovation. It first emerged in British Politics about a century ago at which point it was known as new Liberalism. (1) Keeping in mind that before the advent of the Third Way, the Labour government before its ascent to power was portrayed has having a non-ideological basis for their policies. Steven Wood (a fellow in politics at Magdalene College, Oxford) says that the Third Way represents a product differentiation with out really knowing what the product is (2) Proponents of the Third...

Cocktail presentation design report Assignment Example | Topics and Well Written Essays - 1500 words

Cocktail presentation design report - Assignment Example Although the contents of the presentation were all designed from scratch, the built-in presentation wizard was used to see if any suitable template exists. A template designed for introducing a new product was deemed to be suitable so it was used for the overall background and style with modifications. This template had horizontal stripes which matched the way the cocktail mixtures have been depicted. The steps followed in using the wizard are shown in the figure below. Figure 1: The steps followed in using the presentation wizard In step 3 of the wizard, the basic slide transition effect was selected as Comb Horizontal which again was considered to be suitable because it matched both the cocktail depictions and the horizontally striped background. The speed was set as normal. This setting was applied to all the slides and all the slides except the ones showing the cocktails individually retained this setting. During step 4, the main title and the presenters name were entered. In ste p 5, the content pages suggested by the wizard were deselected because they were related to introducing a new product whereas I only used the background and style from this template. The cover or title slide of the presentation is shown below. Figure 2: Screenshot of the title slide of the presentation The presentation was then given an outline and ordering for the slides as shown in the table below. The initial duration of each slide is also stated in the third column and these timings were set according to the length of the time required to view or read the contents of each slide. The glasses sound effect was used for the main slide transitions besides the horizontal combing effect. Table 1: Organisation of the slides in the presentation Slide # Content Initial set duration (s) 1 Title slide showing the 4 parts 4 2 Shows the different cocktails 4 3 Relaxing Blue Hawaiian 2 4 Refreshing Daiquiri 2 5 Delicious Pina Colada 2 6 Tropical Mai Tai 2 7 Fruity Bahama Mama 2 8 Original Marg arita 2 9 Cooling Rum Runner 2 10 Creamy White Russian 2 11 Shows the different cocktails 2 12 Common ingredients 6 13 Glasses used for serving I 6 14 Glasses used for serving II 6 15 Preparation times (Ready in) 6 16 Closing slide 4 It can be seen from the above outline that the presentation covers all four of the main ideas about the eight popular cocktails, i.e. (1) origin, (2) ingredients, (3) type of glass used and (4) preparation time which are introduced at the beginning in the first slide. Later, background music was also added to the presentation to give an impression of being in a place where cocktails are being served as far as possible. Also the same blind effect was used for all the transitions set at a duration of 2 seconds and the sound effect was removed so that the background music could be heard instead. Each slide was also made to display for the same duration of 5 seconds. The different cocktails are first shown together (in slide 2) as shown below, and then indi vidually while being enlarged. Slides 3 to 10 have been made to behave as sub-slides by appearing between two slides both showing the complete range of cocktails. That is, to reinforce that this displying of the cocktails individually is a momentary divergence, the same picture of different cocktails in slide 11 appears as in slide 2. The flags above each cocktail show the origin of that cocktail and the preparation time is also marked inside a black circle besides each glass. Figure 3: Screenshot of the Different Cocktails slide The presentation then gives information on the common ingredients in slide 12. This information has been displayed in a table format as shown in the screenshot below because it makes it

Human Resources Management Strategy Research Paper

Human Resources Management Strategy - Research Paper Example HRM mainly focuses on the policies as well as system of an organization. Based on the current human resource management HAAD also focus on the studies of health related behaviors of human along with the studies of diagnostic and preventive measures to avoid the health related problem of emirates of Abu Dhabi and improve their quality and standard of life. HAAD ensures the safety people by implementing strategic plan and the standard principles. The management of HAAD also provides good facilities to the staff members in order to improve their performance and to provide the best health care services to people of Abu Dhabi. The management of HAAD also communicates regarding the safety and security of staff along with patients to prevent the health regarded issues (Mazrouei, 2008). The facilities, which are provided by HAAD, should be abided by the decisions of Research Ethics Committee for greater effectiveness. The investigators of HAAD should have relevant qualification as well as experience on the relevant field to conduct the research related to the health care services and make it effective. The HR managers or HR professionals play the most important role in the improvement of the organizational structure of HAAD and achieve the objective of HAAD by ensuring the safety of life of emirate of Abu Dhabi (Khadamat, 2007). The HRM policies of HAAD are effective as it provides proper policies for effective health measurement. SWOT analysis is a planning method to assess the strengths, weaknesses, opportunities and threats related to the management of an organization. This is an important aspect to determine the effectiveness of HAAD towards the local communities by providing healthcare measures. The objective is to develop healthcare for preventing diseases and provide adequate support to people of Abu Dhabi. Strengths of current human resource management of HAAD is that it provides better facilities to employees to

Christian Perspectives on Euthanasia Essay Example for Free

Christian Perspectives on Euthanasia Essay Christian Perspectives Roger Crook captures the Christian perspective on euthanasia by posing the question in terms of how we care for the dying. What do we do for the person who is comatose with no hope of recovery How do we care for the terminally ill person whose remaining days are increasingly agonisingly painful? The Human being is not simply a biological entity but a person, in the image of God and Christ. Death marks the end of a personhood in this life. Biblical teachings prohibit killing; the Sixth Commandment states ‘You shall not kill’ – both in terms of murder and involuntary manslaughter. Life should not be violated, while the prohibition of killing seems to be a moral absolute of Christianity there are exceptions for warfare and self-defence. There are examples in the Bible where the sacrifice of life is considered virtuous ‘Greater love has no man than this: That a man lay down his life for his friends’ The Bible does not prohibit all taking of life in all circumstances, although Christians have traditionally considered taking one’s own life to be wrong Roman Catholic Perspectives At the Second Vatican Ecumenical Council, the Roman Catholic Church condemned crimes again life ‘such as any type of murder, genocide ,abortion, euthanasia or wilful suicide’ Life is sacred and a gift from God, ‘which they are called upon to preserve and make fruitful’ To take a life opposes God’s love for that person, and rejects the duty of a person to live life according to God’s plan. In the same declaration, the Roman Catholic Church made it clear that it was wrong to ask someone for an assisted death, and that an individual cannot consent to such a death: â€Å"For it is a question of the violation of the divine law, an offence against the dignity of the human person, a crime against life, and an attack on humanity’ The kind of autonomy that John Stuart Mill argues for is rejected by the Roman Catholic Church. We simply don’t have that freedom, because we are made by God for the purpose of loving God. A distinct argument is made about suffering and its role in Christian theology. Jesus died in pain on the cross, and human suffering at the end of life connects us to the suffering that Jesus felt. This does not mean that Christians should refuse to take painkillers or should actively seek pain, but it does grant suffering the possibility of having a positive effect on the individual. It provides the change that he or she may grow closer to God. Thomas Wood writes that suffering can seem meaningless, is terrible and is never sought, it is not the worst evil – it can be an occasion for spiritual growth and it can have moral effects on those in attendance. It can have meaning in the context of a life lived in faith. Protestant Perspectives Liberal Joseph Fletcher is an active advocate of the patient’s ‘right to de’ on the basis that Christian faith emphasises love for one’s fellow human being, and that death is not the end for Christians. Acts of kindness may embrace euthanasia, for instance when a human being is dying in agony, as a response to human need. Fletcher’s argument for euthanasia is essentially based around four points: 1. The quality of life is to be valued over biological life 2. Death is a friend to someone with a debilitating illness 3. All medical interventions place human will against nature and extraordinary means 4. Special equipment and unnecessary surgery are not morally required for a person who is terminally ill People are prepared to ‘face death and accept death as preferable to continuous suffering for the patient and the family’ There is no distinction between our response to a suffering animal or human. There is no difference between passive and active euthanasia as the result is the same. Conservative Represented by Arthur Dyck – he thinks an act of kindness can result in withdrawing treatment but not doing something actively to bring about death. Permitting some acts of active euthanasia, such as in the case of severely disable children, seems to be creating a class of human beings who are treated as less valued. He argues that a mentally retarded child is not dying, is not in pain an cannot choose to die. â€Å"Since killing is generally wrong it should be kept to as narrow a range of exceptions as possible’ While mercy is a moral obligation, killing is never as mercy. The term mercy killing is a contradiction and when we use the term to justify the killing of the disabled or the mentally incompetent, we fail to care for the most needy in the community, which is a fundamental moral duty. Dyck’s view is in keeping with traditional Christian thought, and most Christian theologians, which holds that active, direct help in the taking of human life is prohibited. Whereas voluntary euthanasia, self-willed by a rational, legally competent person, has ben permitted by some theologians, active euthanasia in which the person plays no role, has been condemned by the majority of Christian thinkers. The ethical approaches to the problem taken by Christians sometimes reflect a move from general principles to specific applications (the sanctity of life to the prohibition of euthanasia) and also at times the concern about the sinful nature of human beings and their unreliability at making good decisions through the use of ‘right reason’

Richard Cory Poem Analysis Whenever Richard Cory went down town, We :: English Literature

Richard Cory Poem Analysis Whenever Richard Cory went down town, We people on the pavement looked at him: Richard Cory Poem Analysis Whenever Richard Cory went down town, We people on the pavement looked at him: He was a gentleman from sole to crown, Clean favored, and imperially slim. And he was always quietly arrayed, And he was always human when he talked; But still he fluttered pulses when he said, "Good-morning," and he glittered when he walked. And he was rich - yes, richer than a king - And admirably schooled in every grace; In fine we thought that he was everything To make us wish that we were in his place. So on we worked, and waited for the light, And went without the meat, and cursed the bread; And Richard Cory, one calm summer night, Went home and put a bullet through his head. Poetry has been an important part of the English language for many centuries. This art is so diverse and complete that some people spend their life studying it and many still have a lot to learn from it, even when approaching their death. Although the immensity of poetry content, this text will treat of only one great poem written in 1897 by Edwin Arlington Robinson; Richard Cory. This sixteen lines short story tells a lot about human irony. Richard Cory, a wealthy man, admired and envied by those who consider themselves less fortunate than he, unexpectedly commits suicide. The most intriguing part of this poem is the reason why he shot himself when he had everything? Through their own mental prejudices and exaggerations of reality, the people, by putting Cory on a higher level than them, also erected a communication barrier that later pushed Richard to commit suicide. We know Richard Cory only through the way that â€Å"We people on the pavement† see his exterior personality. Richard’s inner being, other than when he committed suicide, is never explicitly evealed. In the first fourteen lines of the poem all we learn about Richard Cory are the images that ordinary people (us) have from such a man who is almost seen as a king or a living god. First of all, in line two, the villagers demonstrate that they feel inferior to Cory when they name themselves the â€Å"people on the pavement†. This might have a connotation with homeless people or beggars; in their opinion, Richard is seen as a King â€Å"sole to crown† and them as his admiring subjects. Even his name, Richard Cory, evokes the name of the king â€Å"Richard Coeur de Lion†. Then, they describe him as a true gentleman, who was â€Å"always

Peace Essay

Christianity and Islam have similar teachings on peace and it is evident that there is a strong relationship between these fundamental teachings and the ways in which the religious traditions and their organizations actively strive towards world peace. World peace is understood in both faiths, not just as an absence of violence and conflict, but also as an overall sense of wellbeing and social cohesion. Inner peace is essential in achieving world peace, and must be attained in order to work towards peace at a higher level. Christianity teaches that peace is Christ’s parting gift and a concept that begins with Him, â€Å"Peace I leave with you; My peace I give you† (John 14:27). The Catholic peace movement â€Å"Pax Christi† stands for the ‘peace of Christ’ and has launched a policy for a culture of peace and non-violence. â€Å"Pax Christi† uses the teaching of the peace of Christ to guide them, calling adherents to state that they are recognizing their responsibility to â€Å"respect life†¦practice active non-violence [and] defend freedom† (Pax Christi International Manifesto for a Culture of Peace and Non Violence 1999) in order to contribute to the achievement of world peace. Islam teaches that peace can only be attained through the submission to Allah’s will. One is able to submit to Allah through the process of jihad, which is to struggle to overcome the obstacles in the way of submission, or the process of Shahada. The Sufism movement provides Muslims with a path to follow in order to contribute to the attainment of world peace through 3 stations. These mirror the teaching that peace can only be found in Allah, encouraging the submission as the initial step in moving towards world peace, â€Å"Submitting our†¦bodies to Allah is Sufism† (Sufism Equals to Islam). The teaching of submission and anticipation of pleasing Him, establishes a Muslims role in actively working towards achieving world peace. The Quakers are a Christian denomination that follows the principal teaching of pacifism, as modelled by Jesus’ ministry. Christ’s teaching of the Beatitudes is fundamental in guiding the Quakers, especially in â€Å"Blessed are the peacemakers† (Matthew 5:9). The Quakers work towards world peace through things such as rallies and marches for peace and justice, as well as campaigning and raising awareness about social justice and supporting those looking for an alternative to violence. The Quaker’s choice to refrain from war to contribute to world peace can be seen by their silent vigils against war, such as that in King George Square. In 1660, the Quakers presented â€Å"A Declaration from the Harmless and Innocent†¦Quakers†, which has been the basis for the Quaker’s peace testimony in which they strive towards attaining world peace. Rufus Jones, a Quaker, stated that Quakers have an â€Å"obligation to assist and to forward movements and forces which make for peace in the world† (The Quaker Peace Position). Peace is a fundamental aim of Islam and teaches that war is only permitted to overcome oppression and tyranny. The Qur’an teaches that â€Å"whosoever killed a soul†¦it is as if he had killed all mankinds† (Al-Madiah 5:32). However, this is overlooked due to common misconceptions about the Islamic faith, especially due to exploitation by the media. After the violent aftermath of the London bombings in 2005, the NSW Islamic Council stated on their website, â€Å"We firmly hold the view that these killings and atrocities have absolutely no sanction in Islam†¦terrorism†¦has no support from†¦the Islamic community†¦and would never be endorsed†. Partnerships exist between Muslim, Jewish and Christian organizations so that their voices aren’t overlooked, for example the 1991 ‘Prayer for Peace’ in which it was asked, â€Å"Forgive our violence towards each other†. Even though overlooked by the media, Muslims work tirelessly towards world peace. Christianity expresses that justice must come before peace is achieved. In 1972, in the World Day of Peace Message, the Catholic Pope Paul VI said, â€Å"If you want peace, act for Justice†. Accordingly, the Decade to Overcome Violence (DOV), seek peace, justice and reconciliation. In a report titled, â€Å"Called Together to be Peacemakers†, Catholics and Mennonites hoped to work together to assist the WCC’s DOV, stating, â€Å"Our similar identities as ‘peace churches’†¦our commitment to be followers†¦of Jesus Christ†¦Prince of Peace. † They quote John Paul II in the World Day of Peace (2002), â€Å"no peace without justice†, adding, â€Å"in the absence of justice†¦peace is a mirage†¦justice is an inseparable companion of peace† (CTBP 177). It is evident, the relationship between the doctrine of justice before peace, and then the actions to chieve this to strive towards world peace. The Qur’an teaches that, â€Å"Allah guides those†¦to the ways of peace†¦and guides them to a straight path† (5:16), often termed ‘the paths of peace’. This teaching of being guided on a path of peace is demonstrated by the organization Muslim Peace Fellowship, declaring on their website that their main objectives are to â€Å"work together with all people of good will to keep open the straight path† and to â€Å"work against injustice and for peace†¦in our world† (Muslim Peace Fellowship Blog). This organization actively seek world peace through the use of conferences, publications, speeches and interreligious action, as well as interior work and prayer. Evidently, principal teachings in both Christianity and Islam help to guide and encourage both their roles in the attainment of world peace. The fundamental teachings act as guidelines to be interpreted by current followers in order to play a role in the triumph of world peace. There is a strong correlation between the theoretical principal teachings and he actions performed by leaders and adherents to gain peace at a world level.