Wednesday, May 6, 2020

Personal, Social And Institutional Power - 1726 Words

1. Define personal, social and institutional power. Give an example of each type of power that is displayed in the movie. a. Personal power is the degree of control an individual has over their own decisions. In Remember the Titans, an example of personal power was when the white boy made a decision to start a fight with Petey Jones (a black boy) because Petey was talking to his girlfriend and threw the first punch. b. Social power is expressed in the way different people relate to each other, or in ‘social dynamics’. An example of social power in the film is when the ‘white’ team captain, Gerry Bertier took the advice of his fellow teammate and ‘black’ team captain when he disciplined one of his team members for not defending adequately. c. Institutional power is when some people have authority over others because of their position of responsibility, usually based on their expertise or experience. Institutional power is when Coach Herman Boone says, â€Å"This is no democracy. 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It allows people to maintain and establish social relationships by generating personal profiles, where they are able to upload pictures, text, videos, music, and add others to their friend list. Users are able to post statuses and comments to their friends and on their own profile pages, sharing and liking certain content through the influence of Facebook’s social occurence. ThisRead MoreThe Political Culture Approach : Comparison Of Almond And Verba1128 Words   |  5 Pagesconcept of social capital. Summary of Major Arguments In the Civic Culture, Almond and Verba seek to measure the level of political participation of citizens in the United States, Mexico, Great Britain, Germany and Italy, and create a theory of civic culture, a political culture explaining the political involvement of citizens or lack of that in democratic countries. 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Dividend Policy Test Free Essays

The following scenario relates to Q86-90. Salty Co wants to amend its dividend policy. They have called all the board of directors to gather their views before finalizing the policy. We will write a custom essay sample on Dividend Policy Test or any similar topic only for you Order Now The statements made by the following directors are as follows: Xerox: We should keep in mind the available cash in the company. A shortage of cash would result in the low level of dividends. If the situation occurs we should issue scrip dividends. Lenox: When I invested in my first company, I expected to receive an increment in wealth every time. As of now, the expectation remains the same for any investor. Renoir: We must keep in consideration that the investors are very dependent on the level of dividends received. If dividends do not meet their expectation they will be forced to sell their shares in the market move to a competitor. Banta: We should all focus on the underlying values of the projects which are taken up now what we expect from them in the future. Q86. Which director is considered about the signaling effect? (MCQ) Xerox Lenox Renoir Banta (2 marks) Q87. Which of the following does Banta support? (MCQ) Dividend irrelevancy Dividend relevancy Scrip dividends Right issue (2 marks) Q88. If the company has fewer assets than its liabilities it indicates liquidity problems. Which director keeps this concern in mind? (MCQ) Xerox Lenox Renoir Banta (2 marks) Q89. Renoir supports which of the following factors? (MCQ) The risk of breach of bank covenants Fear of inflation effect Consideration of government policies Investors are unable to survive without dividends (2 marks) Q90. Select the appropriate option in relation to scrip issuance. (HA) Scrip issue can make shares marketable by the issuance of more shares ultimately reducing market values TRUE FALSE A scrip issue holder will receive more cash than a normal shareholder TRUE FALSE (2 marks) RATIOS The following scenario relates to Q91-95. Shaman Co is a manufacturer of gym clothing. Recently the company seems to have incurred a loss but the owner seems satisfied with its company’s progress. The current share price is $4.17/share. The year 2017 has 365 days. The year 2017 Financials are as follows: INCOME STATEMENT Year 2015 2016 2017 PBIT $29.3m $26.6 $25.3m Finance Cost $4.8m $5.3m $5.5m PAT $17.2m $14.9m $13.9m STATEMENT OF FINANCIAL POSITION Ordinary Shares ($1/share) $19m Retained profits $88.5m 8% Bonds redeemable in two years $107.5m Dividends of the company for the Year 2016 were $9.5m and will continue for the next couple of years. Share prices are as follows: the Year 2014 ($5.94), the Year 2015 ($5.10) ; Year 2016 ($4.59). Q91. Calculate the interest cover for the year 2016? (MCQ) 4.6 times 5 times 6.1 times 6.6 times (2 marks) Q92. Calculate the average change in PAT? (MCQ) (10.1)% (9.22)% (6.7)% (4.28)% (2 marks) Q93. Calculate the shareholder return for the year 2015? (MCQ) (13.4)% (5.7)% 8.4% 9.8% (2 marks) Q94. Calculate the debt to equity ratio? (MCQ) 46.5% 55.7% 64.6% 73.2% (2 marks) Q95. Calculate the payout ratio for the year 2016? (MCQ) 37% 46% 64% 93% (2 marks) TERP OPTIONS + SOURCES OF FINANCE The following scenario relates to Q96-100. Dafoe Co wants to raise finance for an investment project. The financial controller has asked for the right issue being the best option in raising the finance. The company currently has 6,000,000 shares ; has been profitable for its shareholders. It expects all shareholders will agree. The issue of right shares will be two new shares for every six held at a price of 80% of the existing market value. The market value is the cumulative right price of $16/share. Gary, a shareholder is unhappy with discounts offered to the shareholders. He suggests that by looking at the prior year’s performances the company should have its shareholders investing hefty amounts in the company. Q96. Calculate the theoretical ex-rights price per share? (MCQ) $12.8 $14.5 $15.2 $16 (2 marks) Q97. If assumed, that shares were offered at a 40% discount while raising the same amount of finance. What effects will it have on TERP? (MCQ) It would rise It would remain unchanged due to unchanged finance amount It would drastically fall It would fall (2 marks) Q98. Select the appropriate option in relation to a discount of right issue. (HA) A deeply discounted shares are usually acceptable for all existing shareholders TRUE FALSE The amount of discount is irrelevant until the shareholder exercises its right TRUE FALSE (2 marks) Q99. Which of the following options is not suitable for a shareholder? (MCQ) Accepting the shares in order to resale it back in the market Ignorance of the right issue Propionate its shares into selling some shares ignoring the rest Acceptance of the right issue option (2 marks) Q100. The dilution of control is one of the main concerns for an existing shareholder. Which option will be favorable for the shareholder? (MCQ) Accepting the right issue Sale of shares Diversifying in multiple options Do nothing (2 marks) The following scenario relates to Q101-105. Ramadi Co is a newly formed company. The company will manufacture a vast range of products. It wants to obtain sources of finance but is unable to decide which of the sources is appropriate. The options available are Equity Debt. The company does not want to breach the sharia law as well also keeps in mind any Islamic sources of finance. Q101. Which of the following factors will need consideration before any option is selected? (MRQ) The relationship between risk reward The liquidity position Trade Zones Accessibility to a financial institution (2 marks) Q102. Which of the following equity option will have the highest price? (MCQ) Using the saved earnings Offering in a private bank Initial public offering Issuance of shares to existing shareholders (2 marks) Q103. Which of the following debt sources contain no interest? (MCQ) Debentures Convertible bonds Hybrid bonds Zero coupon bonds (2 marks) Q104. Which of the following will result in Riba becoming haram as per sharia law? (MCQ) Bearing the cost of extra payment over the capital amount even when there is no available income The distribution of funds fairly in the economy The rewards distributed will be based on the level of risk A lender claiming money above the capital amount only for the cost it incurred (2 marks) Q105. Which of the following statement relates to Murabahah? (MCQ) The Rabb-ul-mal bearing all the losses Sale of a commodity for a deferred price Sale of a proportionate share in an asset The issue of shares by a company to its investors from its reserve free of charge (2 marks) ANSWERS Q86. B Q87. A Q88. A Q89. D Q90. Scrip issue can make shares marketable by the issuance of more shares ultimately reducing market values TRUE A scrip issue holder will receive more cash than a normal shareholder FALSE The script issue holder has more shares but instead, a fall in share prices compensates the extra benefit. An increase in marketability is one of the benefits of scrip issue. Q91. B Interest cover = 26.6 à · 5.3 = 5 times Q92. A Average change in PAT = [(13.9 à · 17.2) 1 à · (3-1) – 1] Ãâ€" 100 = (10.1) % Q93. B Total shareholder return = [0.5 + (5.10 – 5.94)] à · 5.94 = (0.057) (0.057) Ãâ€" 100 = (5.7%) Q94. A Debt/Equity Ratio = (50 à · 107.5) Ãâ€" 100 = 46.5% Q95. C Payout Ratio = (9.5 à · 14.9) Ãâ€" 100 = 64% Q96. C Issue price = 16 Ãâ€" 80% = 12.8 TERP = [(16 Ãâ€" 6m) + (12.8 Ãâ€" 2m)] à · (6m + 2m) = $15.2 Q97. D The numerator will decrease due to the discount and when divided by the number of shares, each share price will fall but not drastically. Q98. A deeply discounted shares are usually acceptable for all existing shareholders TRUE The amount of discount is irrelevant until the shareholder exercises its right TRUE The higher the discounted price of shares the more the shareholder willing to accept the shares. Q99. B Ignoring the right issue will result in a loss of control as well decrease in the share price as when other shareholders exercise the right, the shares in the market increase which will result in the decrease in the price of each share. Q100. A Accepting the right issue will have no effect on the control of a shareholder. Q101. The relationship between risk reward The liquidity position Q102. C Using the saved earnings (Retain earning, no attributed price) Offering in a private bank (Placing option usually very low price) Initial public offering (High price as per market) Issuance of shares to existing shareholders (a Right issue where discounts are offered) Q103. D Q104. A The payment of the capital amount even having no source of income is transferring the total risk on the borrower which makes riba (interest) haram. Q105. B The Rabb-ul-mal bearing all the losses (Mudaraba) Sale of a commodity for a deferred price (Murabahah) Sale of a proportionate share in an asset (Sukuk bonds) The issue of shares by a company to its investors from its reserve free of charge (Scrip Issue) How to cite Dividend Policy Test, Papers

Saturday, April 25, 2020

Pittsburgh Regional Healthcare Initiative Essay Example

Pittsburgh Regional Healthcare Initiative Paper The Pittsburgh Regional Healthcare Initiative is considered to be the independent body which has been contributing towards perfect patient care and safety in the region of Southwestern Pennsylvania. This paper seeks to investigate and analyze Pittsburgh Regional Health Care Initiative in the lights of broad and diverse academic resources. Pittsburgh Regional Healthcare Initiative and Perfect Patient Healthcare: Overview PRHI is considered to be the community leader which has systematized the private and federal sector. According to research conducted by Carl A. Siro and colleagues, PRHI has successfully made collaborative effort to expand and develop healthcare quality and patient safety throughout its region (Siro et al, 2003). We will write a custom essay sample on Pittsburgh Regional Healthcare Initiative specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Pittsburgh Regional Healthcare Initiative specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Pittsburgh Regional Healthcare Initiative specifically for you FOR ONLY $16.38 $13.9/page Hire Writer PRHI is a pioneering and original model for health system which is established on regionwide shared learning. Through connecting patient outcomes data with methods of care and distributing that information extensively, PRHI has supported considerable developments in region wide clinical practice and patient welfare (Feinstein, Grunden Harrison, 2002). According to Muto and colleagues, PRHI aims to establish the international benchmark for patient outcomes by recognizing and resolving problems. Pittsburg Regional Healthcare Initiative has achieved perfect patient healthcare by addressing quality, safety and efficiency. It depends on institutional support and the communication between the worker and patient (Muto et al, 2006). Pittsburg Regional Healthcares Programs for CQI CQI is considered to be quality management which develops from established quality assurance methods by stressing upon the organization and its structure. PRHI has changed Southwestern Pennsylvania’s healthcare system by concentrating on three primary goals which are patient safety, clinical initiatives and perfecting patient care. Patient safety concentrates on the reduction of hospital acquired infections and medical errors to zero (Schoenbaum et al, 2004). Clinical initiatives aim at achieving breakthrough performance in cardiac, depression, diabetes, orthopedics, etc. Perfecting patient care revolves around restructuring of the organization to allow everyone to learn from mistakes and errors. PRHI has transformed the region’s healthcare system by backing excellence at the point of care; where top and finest practices determine quality. PRHI’s programs for CQI include perfecting patient care university, physician champions, nurse navigators and pharmacy agents for change. Perfecting Patient Care University aims at offering wide range of educational opportunities which concentrates on elimination of errors, inefficiencies and waste with the help of constant, uninterrupted modifications and standardization of work practices (Shannon et al, 2006). PRHI recruits, supports and works with small cadre of physicians through Physician Champion program. This program focuses to improve infection control, lessen pathology errors, expand outcomes in cardiac surgery, etc. Nurse Navigators is a complete one year quality improvement teaching and mentoring program which concentrates on training ten chosen nurses to distribute the training principles throughout their hospitals.   The program offers CQI which allows the healthcare organizations to enhance their work environment. Pharmacy Agents for Change is another CQI program which offers quality improvement tools to pharmacists (Simmons, 2003). Tomorrow’s Health Care is an upcoming program of CQI which is a online training program aimed to teach perfect patient care principles and quality improvement methods   by connecting networks of doctors, nurses and other stakeholders. Success of PRHI There are several behaviors and attitude which have contributed to the success of PRHI. Strong leadership, wide ranging community commitment, accessibility to financial resources, Distribution of trustworthy and reliable data, adaptability, etc are the behaviors which led to the success of PRHI. When comparing PRHI outcomes and the outcomes which are discusses in Stewarts articles, there is a difference. The findings in Stewart’s article conclude that patient centered practice enhanced health and efficiency of the care by decreasing diagnostic tests (Stewart et al, 2000). Another study conducted in Allegheny General Hospital which is partner of PHRI demonstrates that the disease was nearly eliminated with the help of hospital intervention (Corrigan, Greiner Erickson, 2002). It has developed perfect patient health care approach which helps the employees to formulate work procedures which reveal problems. The Important Factor behind PRHI’s Success Collaborative coalitions between PRHI and its partner clinics is the most important factor which has led to its success. PRHI and its partners work collaboratively to enhance patient outcomes, quality of care, patient and workforce satisfaction. It led to the creation of regional infrastructure for reporting and shared learning (Corrigan, Greiner Erickson, 2002). PRHI reports that thousands of healthcare workers have learned to use perfecting patient care principles through collaborative coalitions between PRHI, its partners and the entire community. The communitywide coalition is on of the most essential factors which recognize PRHI for its long term efforts for improving quality of healthcare. Conclusion The Pittsburgh Regional Healthcare Initiative is considered to be an original model which has changed the health system. Patient outcomes, processes of care and sharing them have made considerable improvements in healthcare organizations. There are several factors which have led to the success of PRHI but the most essential one is collaborative coalition. References Stewart, M., Brown, J. B., Donner, A., McWhinney,Ian R., Oates,J., Weston, W. W., Jordan, J. (2000). The Impact of Patient-Centered Care on Outcomes, Journal of Family Practice, 2000; 49:796-804 Siro CA, Segel KT, Keyser DJ, Harrison EI, Lloyd JC, Weber RJ, Muto CA, Webster DG, Pisowicz V, Feinstein KW. Pittsburgh Regional Healthcare Initiative: A Systems Approach for Achieving Perfect Patient Care. Health Affairs. 2003;22(5):157–165 Muto C, Herbert C, Harrison E, Edwards JR, Horan T, Jernigan JA and Kutty PK. Reduction in Central Line-Associated Bloodstream Infections Among Patients in Intensive Care Units — Pennsylvania, April 2001–March 2005. JAMA, 295(3): 269–270, 2006. .

Wednesday, March 18, 2020

Effects of Taxes essays

Effects of Taxes essays Taxes are needed in order to securely administer and fund different governmental organizations, as well as construction and other universal infrastructure services. Many proponents of taxes suggest that taxation is way too extreme within the present day economic trends that exist within America. Taxes do fund many programs and construction of certain projects within America, but also effect certain aspects of America's economy. Taxes do present positive as well as negative characteristics within an economic system. Increased taxes do have a direct effect toward consumers, businesses, and the overall economy. Consumers are exposed to extreme effects of taxes, and may even be effected more than any other group within the economy. Increasing prices on their products due to the increased taxes makes up most of the potential profits for businesses. The consumers therefore lose out because of the increased prices, and must decide on another budgetary analysis. For example, a consumer who is introduced to new taxes may decide to stop purchasing a certain product. A consumer may choose to not purchase a good that my normally go along with another good. This good is a complimentary good and may not be bought because of increased taxes. For instance, if a consumer normally buys powdered cream with coffee grinds, increased taxes may require a consumer to only purchase one of the goods. The coffee would be the good that the consumer would purchase, and would not purchase the creamer. A similar phenomenon would occur for a consumer that participates in buying superior and inferior goods. F or instance, a consumer usually buys higher priced brands of cereals, and due to higher taxes; the consumer may be content in purchasing generic brands of cereals instead of the normal purchase of higher priced brands. This is labeled as substitute goods, and denotes how a change in taxes will cause a consumer to substitute another good, and in t...

Sunday, March 1, 2020

How to Write Love in Japanese Kanji

How to Write Love in Japanese Kanji Writing love in Japanese is represented as the kanji symbol æ„› which  means love and affection. The On-reading is ai (this is the Chinese pronunciation based on when the character was brought to Japan)The Kun-reading is ito (shii), this is the native Japanese pronunciationIt takes 13 strokes to create the kanji for love.The radical is kokoro. A radical expresses the general nature of the kanji character. Useful compounds of ai  Ã¦â€žâ€º are: Kanji Compound Reading Meaning aijou love, affection aikokushin patriotism aijin lover (implies extramarital relationship) renai romance, romantic love aishiteru I love you Koi æ â€¹Ã‚  vs. Ai 愛  Kanji The kanji koi  Ã¦ â€¹ is love for the opposite sex, a longing for a specific person, while ai  Ã¦â€žâ€º is a general feeling of love.  Note that the compound renai  Ã¦ â€¹Ã¦â€žâ€º for romantic love is written with both koi  Ã¦ â€¹ and ai  Ã¦â€žâ€º. Ai can be used as a proper name, such as in the name of Princess Aiko or the singer Aiko. The name combines the kanji characters for love and child  Ã¦â€žâ€º Ã¥ ­ . The kanji koi  Ã¦ â€¹ is rarely used as a name. Kanji Tattoos for Love Some people are interested in getting a tattoo of a kanji symbol. You may want to consider at length whether ai or koi is the one that you want to have tattooed. A full discussion of the uses of koi and ai may help you decide which is most appropriate. Some people may decide based on which kanji they find the most attractive rather than the meaning. Kanji can be written in a variety of fonts. If you are working with a tattoo artist, you may want to explore all of the variations in order to get the one that will be exactly what you prefer. Saying I Love You in Japanese While modern American English makes frequent use of I love you, the phrase is not used as often in Japan. They are more likely to use suki desu, Ã¥ ¥ ½Ã£  Ã£  §Ã£ â„¢Ã‚  meaning to like, rather than speaking openly of love.   What is Kanji? Kanji is one of the three writing systems for the Japanese language. It includes thousands of symbols which came to Japan from China. The symbols represent ideas rather than pronunciation. The other two Japanese alphabets, hiragana, and katakana, express Japanese syllables phonetically. There are 2136 symbols designated as Joyo Kanji by the Japanese Ministry of Education. Children in Japan are taught first the 46 characters that comprise each of the hiragana and katakana alphabets. Then they learn 1006 kanji characters in grades one through six. On-Reading and Kun-Reading On-reading is usually used when the kanji is part of a compound, as in the compounds shown above. When the kanji is by itself used as a noun, the Kun-reading is usually used. The Japanese also use the English word for love, pronouncing it as rabu  Ã£Æ' ©Ã£Æ'â€" because there is no L or V sounds in Japanese.

Friday, February 14, 2020

Trading in prophet Mohammed age Essay Example | Topics and Well Written Essays - 750 words

Trading in prophet Mohammed age - Essay Example Mecca was not an oasis city so there was no significant agricultural trade going on. Foodstuffs and other agricultural products are imported from other places, some in Arabia and some from Syria. The trade has been depicted excellently by Muhammad’s life. Early in his career, he has dabbled in trade himself and was particularly good at it. The story is particularly enlightening. Muhammad found himself employed by a wealthy merchant, Khadija who eventually proposed marriage after a fruitful business relationship. Muhammad’s stint as a manager of Khadija’s caravan, earned for him a reputation as hard-working, modest and trustworthy, with many people calling him, al-Amin (the Trustworthy) as a result. (Jackson 2006, p. 3) Muhammad’s experience demonstrated the fact that people, with the right attitude and character could easily thrive in trading and enjoy financial success. After Muhammad and Khadija got married, they were said to have became business partner s and have continued trading successfully. Muhammad, though born to minor nobility, was actually poor because he was orphaned at a very early age. His rise and accumulation of wealth was not entirely out of divine intervention nor an isolated case. There were ample opportunities in trading and many citizens have enriched themselves by taking advantage of them, including women like Muhammad’s wife. ... For a trader, this is an excellent opportunity. The pilgrims needed food, shelter, clothing, among other necessities and luxuries. Organized caravans would carry these kinds of goods from other trading centers like Yemen, Syria and as far as India and Africa. These latter two locations were excellent sources of luxury goods that are quite in demand in Mecca – slaves, ivory, spices. Then, there were the so-called pilgrim fairs, wherein traders sold goods to pilgrims and visitors. Crone (2004) wrote that Mecca became a major market as scholars occasionally mentioned Hudhalis, Kinanis and others selling camels, sheep, slaves and numerous other commodities while Umayya was said to have sold imports on the lower part of the city. (p. 179) In addition, trade has also brought foreign merchants to Arabia as Byzantine and Jewish traders were said to have travelled to Mecca actively selling their wares. The religion variable is further reinforced by the fact that many pilgrim stations i n Arabia had experienced drastic commercial transformations as well. Crone has sufficiently explained this, citing the financial success of cities like Mina, Ukaz, Arafa, Majanna and Dhul-Majaz. (p. 175) In addition, the religious cult that emerged has drawn people from all over that by the latter part of the sixth century, Mecca became a major shrine in Arabia and perhaps the Middle East. Commercial activity flourished further because the cult created a peaceful and stable community that was very conducive to business. Mecca became an important haram in which violence and bloodshed are prohibited. (Donner 2010, p. 35) Traders can come and practice actively without the fear of being molested

Saturday, February 1, 2020

Leader that Influence Me Essay Example | Topics and Well Written Essays - 750 words

Leader that Influence Me - Essay Example In short, without the presence of these role models, the lives of many people would totally be different. Â   My social studies teacher, Mrs. Catalina Mors, had a massive impact on my life. In my opinion, she is one of the friendliest people I have met in my entire life. I met her in my first year in high school, a time when my life was almost split into microscopic pieces. Having come from a broken family, I felt that being in high school was a way that my mother had invented to do away with me. I felt that no one cared if I existed or not and thought that I had no role to play in the world rang in my mind every second of my existence. Mrs. Catalina, I have learnt to call her Mrs. Memento, for her reminding me of good things in life, has been of great assistance to me. From her comforting words that gave me hope in life, I managed to come out of my depression and learn to accept sever situations in life. I relate my high self esteem from her counseling sessions that I went unconsciously every afternoon. At times, I would find my self in her company for over two hours with no complaints that her working day was over. Apart from being polite and well refined, Mrs. Catalina acted as a role model to many. Her code of conduct had no traces of ‘stains’ that some her age mate colleagues had. Being 23 years old and a teacher of boys, it is thought that younger teachers- beautiful like her- face numerous challenges in their careers. Some are even forced to jeopardize their careers, for failure to handle challenging situations in their job. Mrs. Catalina gained first-rate praise from all students, majority of whom, wanted to have a mature and reasonable life like hers. In my case, Mrs. Catalina has assisted me in making tangible decisions in life and focus on the future regardless of the situation at hand. I am able to deal with parents’ divorce with the