Operation management Essay Example | Topics and Well Written Essays - 1000 words

Operation management - Essay Example But one thing we wouldn’t like to do is to pay much for such services. To be able to deliver quality services and goods to the customers, there are management skills that are needed. Operations management therefore focuses on such management skills that lead to higher productivity and increase responsiveness, providing more choice to customers and delivering quality standards. In short, operations management involves analyzing business processes and how to improve them (Investopedia, 2013). Progressing further, operations, management can be defined as the administration of business practices in order to create the highest level of efficiency in an organization. It is thus concerned with converting materials and labor into goods and services in an efficient way in order to maximize the profit of an organization. Therefore, the operational management team is concerned with designing the inputs (materials, labor, and overhead) conversion methods, into outputs (goods, services and value added products), that brings benefits to the organization. Arguably, one would say that high level efficiency in an organization may be attained without employing certain administrative practices; hence operational management has no importance in making the business attain efficiency or maximize profit. This paper is meant to find out the solution between either using operation management or no operation management to achieve organizational efficiency. Nonetheless, one would wonder if firms that do not employ proper operations management techniques would also be able to maximize on their profits as they improve on the efficiency of the firms. This is as opposed to those firms that are keen about the kind of operations management techniques that are employed in their daily operations. Obviously, it becomes very necessary for all types of organizations to consider operations management since they all produce a mixture of some goods and services. In smaller organizations, many o perations management activities are done by the other employees who are involved in many other operations of the firm such as marketing staff and accountants. Operations management is considered important in any organization as it aids in making the decisions that would impact the costs of producing the products and services that the firm is involved in. It also aids in making a decision that would impact how well the products and services are delivered, which then is critical to the revenue that the organization receives. This would then mean that, when good operations management programs are put in place, the cost of production would be less while the products and services delivered would be of high quality, hence the resulting revenue that would be received by the organization will be high. When poor operations management programs are put in place, less revenue will be earned, hence good operations techniques are essential for profit maximization in any organization. Following th at, to illustrate this fact, a certain restaurant has employed two different operations management techniques in order to compare the cost of operations involved in running the restaurant. For the first three months, the restaurant hired excess workers and used to purchase materials in excess so that extra material could be given to the workers to avoid going bad. After the here months, a new management was put in place and there was a difference in the

Flexible Workers Essay Example for Free

Flexible Workers Essay The term flexible working means Flexible working is a phrase that describes any working pattern adapted to suit workers needs. Flexibility is the The ability of an organisation to adapt the size, composition, responsiveness and cost of the people inputs required to achieve organisational objectives (Pilbeam and Corbridge, 2010). There are different forms of flexibility which are numerical flexibility, functional flexibility, financial flexibility, locational flexibility and temporal flexibility. Numerical flexibility is where employers can change the size of their workforce as their labour requirements change. Functional flexibility is the ability of an organization to move employees to other duties or responsibilities within the company. Locational flexibility is that employees can work from home instead of coming to the office. Types of temporal flexibility are Part time working, home working, job Sharing, term time working, annual Hours Zero hours, 9 day fortnight/compressed hours. The table below shows that â€Å"Between 2006 and 2011 there was a general increase across all modes of flexible working (Table 2). Teleworking (TN0910050S) saw the greatest rise, being offered by 14% of employers in 2006 and 59% in 2011. This echoes trends in flexible working observed in the UK as well as the rest of Europe (EU1101011D). The popularity of teleworking has been boosted by improvements in information communication technologies (ICT) and its attractiveness to the smallest companies (69% offer this form of flexible working)†. (ewco 2011) Source: CBI/Harvey Nash (2011) â€Å"The Third Work-Life Balance Employer Survey found that the vast majority (92 per cent) of employers would consider a request to change a working pattern from any employee despite legislation only requiring employers to do so from some employees. Amongst those employers where a request had been made in the previous 12 months, just nine per cent said they had turned down any requests. The survey reported that employers continue to hold predominantly positive attitudes towards work-life balance and to perceive its benefits for employees and workplaces alike, although it is clear that most employers feel that the implementation of flexible working practices is not always easy, and should not be expected by employees where it would cause disruption to the business (Family Friendly Working Hours Taskforce 2008). The Atkinson’s Flexible Firm Model is a technique used by the managers of a company to organize the work place with the help of different forms of flexibility to efficiently make full use of its work force. The model is based on the principle of dividing the work force into core and peripheral groups. The core group consists of workers that are vital to the company, the work force is functionally flexible and are very difficult to replace because of some special skills, knowledge about a product or market and experience in the field. The peripheral group consists of workers who are numerically flexible. This because of the worker in this group can be replaced easily, the supply in labour market is high, they were only needed for a specific task or they might be only needed in the peak time of a business. For a worker it is better to be of the core than the periphery as they would have job security, improved conditions of work and a better pay rate as they cannot be replaced easily. The model also shows how important can the external workers be for the business. For example sub contracted workers like the cleaning staff of an airline are not core part of the company but they are important in running of the business (oxford human resource management). According to BT Case study,† BT demonstrates the power of flexible working as it has adapted the way it manages people and the way they work to stay competitive and responsive. The company has what is believed to be one of the largest flexible working projects in Europe – the BT Work style project. Flexible working is available to almost everyone in BT, and BT now has over 70,000 flexible workers ,from senior managers to contact centre staff. At BT, flexible working is business as usual. Already seven out of 10 people work flexibly and nearly 10% are home based. It has saved the company millions in terms of increased productivity and cut costs. It has also motivated our people and released more potential. † Sir Christopher Bland, Chairman, BT Group (BT group). Flexible working both meets the needs of employees and improves companies’ capacity to serve customers – to optimise communications, reduce response times, improve service and support, and contribute to the overall customer experience – and, in doing so, it secures competitive advantage. See figure 1 below This clearly shows that BT has used flexible working and gained a lot from it, BT used compressed hours to lengthen engineers days which led to high level of job completion customer satisfaction and engineers enjoyed half day off a week which creates motivation among the employees. : British gas has been using flexible working for a long time and it has been their key element in business strategy. British gas offers its employees different types of flexible working which has enabled the company to offer 24 hour service for its customers. British gas flexible working provisions include allowing university students to study, letting people work longer or shorter hours, part-time and full-time roles, flexible hours to allow for childcare, and remote working and they also support home working for some employees. Benefits of offering flexible working for British Gas are that they want to attract and retain the best talent, regardless of background and responsibilities and they want a diverse workforce that reflects community and customer base. Offering flexible working increases employee’s loyalty the brand and provides a better environment to work. British Gas has been chosen as one of the Top 50 Great Places to Work for the 3rd year running rising four places to number 26 in the list (British Gas 2012). Marks and spencer revised their working in February 2010 to give greater emphasis to the requirement for line managers to give all formal flexible working requests due consideration, and agree those requests that are beneficial to both company and the employee. Marks and spencer currently supports these types of flexible working, part-time working, job-sharing, term-time working and home working on a part-time basis depending on the job, flexible retirement options and career leave of up to nine unpaid months to study. Marks and spencer are committed to employee engagement and believe that flexible working contributes to their levels of engagement. Other benefits include attraction of the best talent, retention of our existing talent, and productivity across the business, motivation to give great service increased morale. All these factors lead to better quality service being offered to its customers. (Marks and Spencer plc 2013). Accenture offers the following flexible working provisions flexible hours’ reconfiguration of existing hours over contractual number of days, part-time working, and job-sharing, home-enabled working leave of absence policy: allowing employees to take unpaid leave to pursue activities outside of the working environment. The company also makes full use of multiple flexible working arrangements simultaneously, and any type of flexible working is available to each level f employees. (CIPD 2012) Accenture has seven business reasons to create a more flexible, supportive work environment which are to attract and retain a broad range of talented people, to raise morale and increase job satisfaction, to increase productivity and improve business results to enhance commitment and engagement and to cut health care costs and last to attract investors. More than 80% of Accenture e mployees say that achieving work–life balance is important. Fifty-two per cent of Accenture UK employees also said they are already working flexibly at Accenture and these 52% show increased levels of engagement (2013 Accenture). Companies offer flexibility to its workers as they are benefited from it but there are some draw backs as well like some employers that offer flexible working are doing it on case by case basis rather than making it general work practice, an employee that needs flexible working can come to the employer but it is up to the employer to agree or disagree. When the employer approves or disapproves the employees request it creates internal conflict among employees. If an employee finds it unfair that some employees can work flexibly and some cannot, they feel that some workers are preferred more over them which creates conflict and it leads to de-motivated workers causing the standard of work done by them to be less efficient. Although companies with flextime often use core hours to encourage teamwork, employees that work inconsistent schedules cannot spend as much time in collaboration with co-workers as employees that work the same hours. Employees may only have a few hours a day for this collaboration. In some workplaces, work team communication takes place in an ongoing and spontaneous fashion that is hard to limit to just a few hours. Flextime can slow down the pace of work team production because of this restricted collaboration (Kokemuller 2013). The costs involved in administering flexible are also high which restricts small businesses to adapt it. Employees will not be in work at certain times and therefore it may not be suitable for organisations where continuous cover is necessary. Another disadvantage is that if the offices are open for a longer period, it may lead to increased costs for lighting and heating. Following are the barriers that businesses have to face to create a flexible working condition for its employees Operational pressures, customer/service requirements, line managers’ ability to effectively manage flexible workers, line management attitudes, accommodating employee requests for flexibility and financial constraints. Operational pressures: one of the drawbacks is operational pressure which causes stress (CIPD, 2012).? Communication problems: communication problems can hinder productivity with flexible working because relevant information doesn’t get to the employee (CIPD, 2012). Customer and service requirement: when there is high service requirement where staff need to deal with customers it makes flexibility almost impossible (CIPD, 2006). Flexible working is an important aspect in business as there are many benefits. Flexible working is now being practiced by large companies and it has increased significantly. We have seen that how companies like British Gas, Marks and Spencer and Accenture have used flexible working to define its business. Companies have benefited by getting efficient staff, increased productivity and higher levels of motivation of its workers. There are some barriers and one of the main reasons is operational pressure. Thus today use of flexible working is very important for a company’s success. However there are some drawbacks as well like companies have to face increased costs which restrict small businesses to adapt to flexible working. oth employee and employer are benefited from it, advantages of flexible working to employees are Opportunity to achieve a work life balance, increased satisfaction and higher motivation levels. Whereas the benefits to employers are higher productivity, along with improved customer service, reduced absenteeism, lower staff turnover, improved recruitment and retention of a diverse workforce, raised motivation/engagement and enhanc ed employer branding as employer of choice. Thus we can see that the benefits of working flexibly can benefit the company and it is also good for its workers.

Discuss The Importance Of Service User Participation Social Work Essay

Discuss The Importance Of Service User Participation Social Work Essay Traditionally, people experiencing mental health problems were removed from society and placed in asylums across the country, indefinitely (Thornicroft and Tansella, 2002, pp. 84-90). Patients within the mental health system were expected to take a compliant role in the management of their care and leave the decision making to the professionals. In todays society that is not the case. In this assignment the writer will begin by exploring the publication Vision for Change while discussing the main theme of this publication which is the importance of service user involvement and the importance of empowering the service user in the mental health system of Ireland (Ireland, Dept of Health Children, 2006). To empower the service user requires the control of power to be transferred from the professionals to the now known Service User. The writer will discuss the effect of this change and the importance of this change within the mental health system. The Mental Health Act 2001 requested th e closure of many asylums and the move towards a community based model of care. The deinstitutionalisation of many patients and relocation back into the community required changes in the way the psychiatric nurse and service user operate. Evidence has shown the importance of service users participation in research, education and in practice through out the mental health care system. The writer in this assignment will discuss the importance of service user participation in the delivery of psychiatric nursing care, focusing on the nursing assessment using a holistic approach. Finally, the writer will discuss the importance of service user participation in the remaining stages of the nursing process; the nursing diagnosis, outcomes, planning, implementation and evaluation while exploring the need for a therapeutic relationship between service user and psychiatric nurse to complete the nursing process successfully. With people experiencing mental health difficulties, who now reside in the community, it is vital that service users become involved in the development and delivery of mental health services, such as self-help services, drop-in centres, and in providing assistance with activities of daily living. The aim of this is to sensitise society to the need of integrating people with mental health difficulties back into community life. As quoted in a Vision for Change; Service users must be at the centre of decision making at an individual level in terms of the services available to them, through to the strategic development of local services and national policy. To use a slogan of the disability rights movement: nothing about us, without us. To reduce the stigma attached to people with mental health difficulties the term patient was changed to service user, as most of the care they receive is provided in the community. The Mental Health Act, 2001 suggests the term patient is used to describe someone who is involuntarily admitted. Patient does not therefore refer to all individuals in an approved centre. In the Vision for Change it states that the correct way to describe someone with a mental health illness was to see the person before the illness, for example someone with anorexia nervosa was not to be described as an anorexic rather than as a person with anorexia nervosa. Stereotyping in mental health is as damaging as any other stereotype (Ireland, Dept of Health Children, 2006). People, who experience mental health difficulties, can be the experts through their own experience (Bee et al, 2008, pp. 442-447). Psychiatric nurses remain the largest staff group involved in the provision of mental health care, (Bee et al, 2008, pp. 442-447). Therefore, to ensure the mental health care service abides by legislation, it is vital for psychiatric nurses to re-evaluate their role to ensure priority is given to including the service user. An Bord Altranais recommend that a holistic approach is adopted and it is listed as one of the requirements in nurse registration education programmes (An Bord Altranais, 2005). It is fundamental that the service user participates in the nursing assessment especially where the holistic model of assessment is used. The biopsychosocial model uses a holistic view, addressing the biological, psychological and social factors contributing to a persons mental health problems. According to Boyd (2004, p.190) it proposes a person-centred treatment approach which addresses each of these elements through an integrated care plan agreed with service users and their carers and involves participation of the service user throughout the assessment. This assessment requires the service user to answer a series of questions, some being of intimate nature about themselves. This enables the assessor to obtain relevant information required in making a nursing diagnosis. To ensure accurate nursing diagnosis it is critical that the services user listens carefully to the questions asked and is completely honest when answering the questions. This process also requires the service user to be patient while the assessor records the data received. However, it is important to remember that an initial assessment can occur when a service user is first admitted into psychiatric care. According to Boyd (2004, p.194) the assessor must have empathy and an understanding of how difficult it is for a person to discuss intimate details of ones lifes to a complete stranger, even if it is in the persons best interest. Although the nursing assessment is the starting point of the nursing process, the writer feels that service users participation remains of equal importance throughout the nursing process. The freedom of information act 1997 requires that all services users can request access to any information stored about them. While, it is now a legal requirement for service users to be involved at all stages of the nursing process, the writer suggests that it is imperative that the service user is informed of the nursing diagnosis. This will empower the service user, by encouraging the service user to find relevant information regarding their diagnosis which can assist in them becoming experts of their own mental illness. Following the diagnosis it is required by law that the psychiatric nurses discuss all details of the outcome with the service user. The psychiatric nurse needs to ensure that the service users values and beliefs are priority when planning the outcome. If any treatment is deemed necessary for the road to recovery, then it is compulsory that the service user is capable of understanding the effects of the treatment proposed, this requirement is stated Under the Mental Health Act, 2001: the service user must be capable of understanding the nature, purpose and likely effects of the proposed treatment and the consultant psychiatrist has given the patient adequate information in a form and language that the patient can understand, on the nature, purpose and likely effects of the proposed treatments (Section 56). Factors for consideration include the capacity to comprehend and decide, risks involved, patients wishes to be informed, the nature of the procedure and the effects of information on the service user. The service user must be informed of the benefits of taking the medication prescribed, for what duration the medication is to be taken and what side affects may occur when taking the prescribed medication. Forcing an unwilling inpatient to receive medication has been considered an unnecessarily coercive, traumatic, and even punitive assault on a persons privacy. It has been stated that the patients refusal of medication is indicative of a gap between their experience and understanding of the medication and the intention of the prescribing physician. (Kaltiala-Heino et al, pp. 290-295) In todays mental health care system, many service users receive treatment in the community; therefore, it is critical that services users listen to information regarding their prescribed medication while raising any concerns they may have. Planning and the implementation stages of the nursing process are not possible without the involvement of the service user. Communication and agreement between the service user and the psychiatric nurse is necessary. Potential obstacles need to be pointed out, and methods of overcoming these obstacles, discussed. Potential risk areas for the service user needs to be discussed and a therapeutic risk assessment carried out by the psychiatric nurse to ensure the service user is not at risk or danger of harming themselves or others. Awareness of patients perceptions of their impaired quality of life gives psychiatric nurses important information for planning individually tailored interventions (Pitkà ¤nen, A. et al, 2008, pp. 1598-1606). Finally, the evaluation stage evaluates client progress and reviews plans in accordance with evaluated data in consultation with the client. Evidence shows that the evaluation of a services users experience is of vital importance in shaping the future of service users outcomes within the mental health service. It also enables the psychiatric nurse to take the necessary steps required to ensure that the individual service user is satisfied with the service received. The Department of Mental Health, UK stated that the experience of service users, including those from black and minority ethnic groups, is a recognised national marker in the performance of the UK mental health services. In 2006, the UK National Service Framework (NSF) in line with the Mental Health Unit of the Regional Office for Europe carried out a systematic review of empirical service user views and expectations of UK-registered mental health nurses. Feedback from this review was both positive and negative, with servi ce users holding mental health nurses in high regard. However; feedback also reveals that there was a strong need for nurses to be more effective in interpersonal communication and relationship building, whilst spending more time with the service user (Bee et al, 2008, pp. 442-447). Throughout the nursing process it is necessary for a therapeutic relationship to exist between the service user and the psychiatric nurse to. Relationships are central in fostering and maintaining hope (Byrne et al 1994). Psychiatric nurses are required to have a genuine interest in services users, listening in a non judgemental way to what is being said. In a user-led study evidence has shown service users identified the importance of therapeutic relationships and how they inform patient experiences. Communication was highlighted by all participants as necessary. One participant in the survey quoted; As soon as you come they can see that you are angry. Then someone will say, sit down, lets talk about it, make a cup of tea. Failure to establish a therapeutic relationship between the service user and the psychiatric nurse can result in negative patient experiences. Participants identified coercion as the main reason for failure to establish a therapeutic relationship (Gilburt, H. et a l, 2008). Conclusion: The writer in this assignment briefly exposed the treatment of patients within the mental health care prior to the introduction of the Mental Health Act 2001 and the publication of Vision for Change. Then, the writer discussed the major changes within the Mental Health Services as a result of this act and publication. The Mental Health Act 2001, focused on the closure of many asylums and a community based model of care to be adopted, however, both the Mental Health Act and the Vision for Change also focus on the importance of service user involvement and empowering the service user. The writer demonstrates how a new psychiatric and service user role was required to adapt to policy changes within the Mental Health Service and to ensure all parties were adapting to policy requirements that aims at service user involvement at all stages, thus; empowering the service user. The writer reports how the publication Vision for Change also hoped at reducing stigma by aiming to involve services users in developing and delivering mental health services. The writer mentioned the importance of service user involvement in research, education and practice, while focusing on the practice area by exploring the nursing process, starting with the assessment. Evidence is clear that it is not possible for a psychiatric nurse, even with the necessary skills required to proceed with the nursing process without the participation of the service user at all stages. The writer concluded this assignment by exploring evidence which reveals that service users regard a therapeutic relationship and good communication between the service user and the psychiatric nurse of high importance.

Prisoners Without Choice Essay -- Zoology Zoo Animals Essays

Prisoners without Choice When people go on a trip to the zoo, it can be assumed that they do not think about much more than what they can see. Signals that make zoos unfair and sometimes unbearable for the captive animals are not visible to most spectators. This essay will explain how zoos are unjust and should not be supported. Animals should not be held captive due their negative behavioral changes, lack of natural habitat and the zoos failure to effectively preserve endangered species. Even though zoos try to imitate the natural habitat of each animal, the area for the zoo might not be able to support the animals needed environment. When visiting a zoo many people fail to notice that the animals have living areas measuring an acre or smaller. â€Å"Their enclosures are often small, barren, and without shade or privacy† (Laws). â€Å"Animals also need to endure dirty living conditions, stagnant water, and hard floors to sleep on at night† (Laws). It’s obvious that in the wild any animal has almost unlimited space to live in. They catch and forage for food naturally and mate naturally. Natural hunting and mating behaviors are virtually eliminated by regulated feeding and breeding regimens. Captive animals are not able to choose their own mates. After a captive animal does eventually breed, their mate is taken out of the area. This can be emotionally damaging for those animals who choose a mate for life. Most animals are similar to humans in the fact that they need a connection with their mate. Zoos often eliminate this option. The animals are closely confined, lack privacy, and have little opportunity for mental stimulation or physical exercise, resulting in abnormal and self-destructive behavior. This b... ...re not met. Animals are living beings that deserve rights and respect, and being kept in a zoo does not meet these standards. People need to realize that animals are worthy of some of the privileges we receive. Endangered species can ultimately be saved by us, if we support their natural habitats and fight the people who kill them. â€Å"Significantly, we object to human captivity for one reason only, that humans have a right to freedom, or just ought to be free. Why shouldn’t this be the case with non-humans too?† (Bostock). Zoos should not be supported because they are violating animal rights. Works Cited Bostock, Stephen, Zoos and Animal Rights: The ethics of keeping animals, 1993 â€Å"Laws as they apply to Animals and Zoos†, http://www.petaindia.com/zoolaws.html, Accessed 4/5/03 â€Å"Zoos: Pitiful Prisons†, http://www.peta.org/mc/facts, Accessed 3/20/03

Solutions Tovfinancial Accounting

2 Company Operations Tutorial Solutions Chapter 3 Company operations Review Questions 11. When do dividends become a legal debt of the company? When are they to be recognised as liabilities? Where a company has a constitution that provides for directors to declare a dividend, then a dividend becomes a debt of the company once the dividend is declared. Where no such statement exists in a company’s constitution, then the debt will only arise when the time for payment of the dividend arrives.However, a dividend determined or publicly recommended by the time of completion of the financial report but not on or before the reporting date must not be recognised as a liability as at the reporting date. Instead such a dividend must be disclosed in notes as an event after reporting date. See sections 3. 4. 1 and 3. 4. 2 of the chapter. 14. Discuss the nature of a reserve. What reasons may there be for no definitions being given for a reserve in the legislation, accounting standards and t he Conceptual Framework 2010?The term reserve is not defined in any accounting standard or the Corporations Act. AASB 101 describes the equity of a company as consisting of issued capital and reserves (para. 54(r)). In addition to retained earnings, the most common type of reserves are general, revaluation and foreign currency translation reserves, all of which can be considered as ‘direct adjustments to equity’. There appears to be no clear reason as to why the term ‘reserve’ is not defined in the legislation, standards, or the Conceptual Framework. Retained earnings’ is one category of reserves, according to AASB 101. Selected solution from Leo, K. , Hoggett, J. , and Sweeting, J. , (2012) Solutions manual to accompany Company Accounting 9e, John Wiley and Sons, Australia. Practice Questions QUESTION 3. 1 1. Retained Earnings/Interim Dividend Cash (Payment of interim dividend) Retained Earnings/ Dividend Declared Dividend Payable (Declaration of a final dividend) Revaluation Surplus General Reserve (Transfer from revaluation surplus to general reserve) Retained Earnings/ T’fer to ReserveGeneral Reserve (Transfer to general reserve) General Reserve Share Capital (Being bonus dividend out of general reserve) Dr Cr 200 000 200 000 2. Dr Cr 420 000 420 000 3. Dr Cr 65 000 65 000 4. Dr Cr 120 000 120 000 5. Dr Cr 300 000 300 000 QUESTION 3. 10 GERALDTON WAX LTD General journal 2013 Sept 15 Dividend Payable– Ordinary Dividend Payable– Preference Cash (Payment of ordinary dividend [400 000 x 16c +300 000 x 16c x 3/5 = $92 800] and preference dividend [$75 000 x 6%]) Dr Dr Cr 92 800 4 500 97 300Selected solution from Leo, K. , Hoggett, J. , Sweeting, J. , and Radford, J. , (2009) Solutions manual to accompany Company Accounting 8e, John Wiley and Sons, Australia. 2 Oct 20 Share Capital – Preference Retained Earnings/Redemption Premium (75 000 x 5%) Shareholders’ Redemption (Redemption of preference shares out of profits) Note: dividends do not accrue on the preference shares Retained Earnings/Transfer to Share Capital Share Capital – Ordinary (Retained earnings transferred to capital.NOTE: no dividends will be paid on this share capital) Oct 25 Shareholders’ Redemption Cash (Payment of cash to redeem preference shares) Nov 30 Cash Share Capital – Ordinary ‘A’ (Renounceable rights issue) [400 000/5 = 80 000 x 1. 90] Dec 20 Share Issue Costs (Share Capital) Cash (Payment of share issue costs) 2014 Jan 10 Retained Earnings/Transfer to reserve General Reserve (Transfer to general reserve) Feb 28 Cash Share Capital – Ordinary ‘C’ (Issue of shares to options holders) [70 000 x $1. 0] Share Options Share Capital – Ord ‘C’ Lapsed Options Reserve (Transfer of options account, 35 000 exercised and 5 000 lapsed) [70 000/2 = 35 000 x 60c = 21 000] Dr Dr Cr 75 000 3 750 78 750 Dr Cr 75 000 75 000 Dr Cr 78 750 78,750 Dr Cr 152 000 152 000 Dr Cr 3 000 3 000 Dr Cr 35 000 35 000 Dr Cr 126 000 126 000 Dr Cr Cr 24 000 21 000 3 000 Selected solution from Leo, K. , Hoggett, J. , Sweeting, J. , and Radford, J. , (2009) Solutions manual to accompany Company Accounting 8e, John Wiley and Sons, Australia. April 30 Call – Ordinary ‘B’ Share Capital – Ordinary ‘B’ Call of 80c per share on Ordinary B shares) Calls in Advance (20 000 x 80c) Call – Ord ‘B’ (Transfer of calls in advance) May 31 Cash Call – Ord ‘B’ (Cash received on call) [(300 000 – 20 000 – 15 000) x 80c] June 18 Share Capital – Ordinary ‘B’ Call – Ordinary ‘B’ Forfeited Shares Liability (Forfeiture of 15 000 Ordinary B shares) 26 Cash Forfeited Shares Liability Share Capital – Ordinary ‘B’ (Reissue of 15 000 shares paid to $2 for payment of $1. 0) 27 Forfeited Shares Liability Cash (Refund to former shareholders) June 28 Retained Earnings/Dividend Declared Dividend Payable (Dividend declared) [Workings from the entries above: 400 000 + 300 000 + 80 000 + 70 000 – 15 000 + 15 000= 850 000 x 20c] Dr Cr 240 000 240 000 Dr Cr 16 000 16 000 Dr Cr Dr Cr Cr 212 000 212 000 30 000 12 000 18 000 Dr Dr Cr 27 000 3 000 30 000 Dr Cr 15 000 15 000 Dr Cr 170 000 170 000 Selected solution from Leo, K. , Hoggett, J. , Sweeting, J. , and Radford, J. , (2009) Solutions manual to accompany Company Accounting 8e, John Wiley and Sons, Australia. 4

Theory Definition in Science

Theory Definition in Science The definition of a theory in science is very different from the everyday usage of the word. In fact, its usually called a scientific theory to clarify the distinction. In the context of science, a theory is a well-established explanation for scientific data. Theories typically cannot be proven, but they can become established if they are tested by several different scientific investigators. A theory can be disproven by a single contrary result. Key Takeaways: Scientific Theory In science, a theory is an explanation of the natural world that has been repeatedly tested and verified using the scientific method.In common usage, the word theory means something very different. It could refer to a speculative guess.Scientific theories are testable and falsifiable. That is, its possible a theory might be disproven.Examples of theories include the theory of relativity and the theory of evolution. Examples There are many different examples of scientific theories in different disciplines. Examples include: Physics: the big bang theory, atomic theory, theory of relativity, quantum field theoryBiology: the theory of evolution, cell theory, dual inheritance theoryChemistry: the kinetic theory of gases, valence bond theory, Lewis theory, molecular orbital theoryGeology: plate tectonics theoryClimatology: climate change theory Key Criteria for a Theory There are certain criteria which must be fulfilled for a description to be a theory. A theory is not simply any description that can be used to make predictions! A theory must do all of the following: It must be well-supported by many independent pieces of evidence.It must be falsifiable. In other words, it must be possible to test a theory at some point.It must be consistent with existing experimental results and able to predict outcomes at least as accurately as any existing theories. Some theories may be adapted or changed over time to better explain and predict behavior. A good theory can be used to predict natural events that have not occurred yet or have yet to be observed. Value of Disproven Theories Over time, some theories have been shown to be incorrect. However, not all discarded theories are useless. For example, we now know Newtonian mechanics is incorrect under conditions approaching the speed of light and in certain frames of reference. The theory of relativity was proposed to better explain mechanics. Yet, at ordinary speeds, Newtonian mechanics accurately explains and predicts real-world behavior. Its equations are much easier to work with, so Newtonian mechanics remains in use for general physics. In chemistry, there are many different theories of acids and bases. They involve different explanations for how acids and bases work (e.g., hydrogen ion transfer, proton transfer, electron transfer). Some theories, which are known to be incorrect under certain conditions, remain useful in predicting chemical behavior and making calculations. Theory vs. Law Both scientific theories and scientific laws are the result of testing hypotheses via the scientific method. Both theories and laws may be used to make predictions about natural behavior. However, theories explain why something works, while laws simply describe behavior under given conditions. Theories do not change into laws; laws do not change into theories. Both laws and theories may be falsified but contrary evidence. Theory vs. Hypothesis A hypothesis is a proposition which requires testing. Theories are the result of many tested hypotheses. Theory vs Fact While theories are well-supported and may be true, they are not the same as facts. Facts are irrefutable, while a contrary result may disprove a theory. Theory vs. Model Models and theories share common elements, but a theory both describes and explains while a model simply describes. Both models and theory may be used to make predictions and develop hypotheses. Sources Frigg, Roman (2006). Scientific Representation and the Semantic View of Theories. Theoria. 55 (2): 183–206.  Halvorson, Hans (2012). What Scientific Theories Could Not Be. Philosophy of Science. 79 (2): 183–206. doi:10.1086/664745McComas, William F. (December 30, 2013). The Language of Science Education: An Expanded Glossary of Key Terms and Concepts in Science Teaching and Learning. Springer Science Business Media. ISBN 978-94-6209-497-0.National Academy of Sciences (US) (1999). Science and Creationism: A View from the National Academy of Sciences (2nd ed.). National Academies Press. doi:10.17226/6024 ISBN 978-0-309-06406-4.  Suppe, Frederick (1998). Understanding Scientific Theories: An Assessment of Developments, 1969–1998. Philosophy of Science. 67: S102–S115. doi:10.1086/392812

Prologue Essays - The Canterbury Tales, The Pardoners Tale, Ethics

Prologue Essays - The Canterbury Tales, The Pardoners Tale, Ethics Prologue The Pardoner explains to the audience his usual methods of preaching, as well as his regular themes. He takes pains to have an important sounding speech and a satisfactory performance, thus earning him admiration. In addition, he explains how he sells fake relics and makes a huge profit from doing so. His theme is always "The love of money is the root of all evil," and he preaches heavily against greed and gluttony. At the same time, he repeatedly willingly admits to going against his own preaching. Pardoner's Story Three immoral men are drinking in an inn when they are informed Death has taken one of their friends. They promptly, and drunkenly, swear oaths to avenge their former companion and slay Death. They head off, and not quite half a mile from where they started, they encounter a poor old man. The old man greets them, and is treated rudely. The three men, believing the old man is an accomplice of Death, demand of him death's location. The old man responds that if they are so eager to find Death they should look in a grove, under an oak tree. The men go, and upon arriving promptly forget about Death, as they find almost eight bushels of gold coins. They plan to remove the gold at night, and send the youngest to town to fetch bread and wine. After he leaves, the two remaining men hatch a plot to kill him when he returns, as they will then have a larger portion of the treasure. While in town the youngest decides to kill the other two, and buys poison for two of the three purchased wine bottles. He returns and is killed by the other two, after which they promptly die by drinking the poisoned wine. Epilogue The Pardoner attempts to sell his relics' and pardons, but when asked to come forth and unbuckle his purse, the Host calls his fraud and refuses. The Host claims the Pardoner is not a real man, and the Pardoner gets very angry. The tale ends with the Knight stepping forth and making peace between them. Themes - The love of money is the root of all evil - Elders should be respected - Oaths should not be taken in vain - Drink (alcohol) leads to bad judgment and death - Friends should be chosen carefully, and are close enough to stab you in the back

Morrie essays

Morrie essays If you knew that you only had a few months left to live, what would you do? Would you "wither up and disappear", or make the best of your time left. Morrie Schwartz (Tuesdays With Morrie) chose to touch others lives with the knowledge and experience he had gained througout his life as a teacher. "Look, no matter where you live, the biggest defect we human beings have is our short sightedness. We don't see what could be. We should be looking at our potential, stretching ourselves into everything we can become." This is a powerful quote that really made me realize that one must always be looking forward in his life. One must look into his heart to find the goals and dreams that he really wants to attain. A person must not dwell on past experiences and faliures, but keep striving for his beliefs and dreams. Morrie also talks about the material things that seem to consume today's society. "We put our values into the wrong things. And it leads to very disillusioned lives." This section made me realize how materlistic our society has become. People generally do judge one another based on the amount of money they make,the kind of job they have, the clothes they wear, or the car they drive. Society must look beyond the material things and see people for who they really are. They need to judge people based on what comes from the heart and not from their wallet. In conclusion, Tuesdays With Morrie is an important novel that truly teaches the value of life. It provoked a number of thoughts that I had never really considered. After reading this novel I can honestly say that I began looking at life in a whole new respect. I was able to look at the bright side of each day, and treat people with the respect that they deserve. ...

Going Green at an Oil Company () Case Study Example | Topics and Well Written Essays - 1250 words

Going Green at an Oil Company () - Case Study Example Six months later, an even bigger leak occurred at a refinery within the vicinity of Curitiba – a million gallons of oil flowed into two rivers. Once more, the company was criticized for using outdated technology to detect leaks and for inadequate staffing and lacking emergency plans. The Curitiba accident elicited the worst negative publicity in the history of the company and led to a fine of $115 million being imposed on Petrobras. Just when the company thought that the worst was over, an even worse accident came in March 2001 when the company’s P-36 oil drill sank. Valued at $350 million, the facility was the world’s largest floating production facility. The accident killed 11 of the Petrobras’ employees and leaked over 300, 000 gallons of oil. The three major and several other accidents had far-reaching implications for the company – employees were demoralized, the image of the company was damaged and investor relations suffered (Barros de Cerqueira Pae, 2012). In addition, the hefty fines imposed on the company ate into its profits. Something drastic had to be done. The then CEO of Petrobras responded to the disasters by creating the new position of Director of Health, Safety and Environment (HSE) and introduced the Program for Excellence in Environmental and Operational Safety Management (PEGASO). These two interventions created a springboard from which Gabrielli dived into the business transforming Petrobras into a green oil company when he became the company’s CEO in 2005. In order to turn around Petrobras, Gabrielli adopted a three-point strategy on the environment (Gabrielli de Azevedo, 2009). First, he embarked on improving internal operations. At the heart of Petrobras’ internal strategy is the company’s HSE program. The program is a massive one – between 2009 and 2012, the company committed $2.5 billion in the program. The program is based

THEORIES AND PRACTICE OF LEADERSHIP essay Example | Topics and Well Written Essays - 3500 words

THEORIES AND PRACTICE OF LEADERSHIP - Essay Example espite all considerations, leaders are also believed to be people with special innate characteristics that actually make them leaders, those who obtain certain personal qualities such as extraversion, intelligence, ability to interact with one’s followers. Moreover, leaders are good in sharing responsibility with others in order to enable each team member contribution to the construction of common goal by means of understanding the relationships. Therefore, leadership becomes the task that involves relation and interaction between the people involved into common business and which realize the companys objectives and the way how to reach them. In such relational role, leader is no more a single executor, but one becomes a co-creator of what the team, department or community wants to create. Besides, modern leader is not just a person who controls the performance of certain processes, however, one possesses a role of mentor and coach with the ability and skills to involve employ ees in the development of something, thus provides them advice, opens new developmental opportunities and possibilities for discussing and search of possible consensus. With the task role of cultivator, leaders work to ensure good business environment where people would be able to create and diversify ideas and decisions. It means that if a team has such a helper or facilitator of the process, the members would impose upon leader’s decisions and would try to participate in the dialogue providing partnership, giving creativity and discovering innovation (Pless & Maak, 2004). The following paper will investigate some of the leadership principles that can assist in the future performances; the relationship between the guiding principles of leadership will also be discovered. The role of leaders in not exaggerated in the modern business environment due to the multifacing that one should be. The ability to persuade others, make proper decisions in a tough conditions, knowing how to resolve

Identifying a Researchable Problem Research Paper

Identifying a Researchable Problem - Research Paper Example During physical activity, the body uses more oxygen than when one is passive. Regular physical activity will therefore lead the body to adapt to providing more and more oxygen into the blood stream. Reports by various scholars point out to the fact that children with reduced mobility have been diagnosed with asthma more than their highly mobile counterparts (Daniels, 2006). This revelation, combined with the fact that sometimes asthma is also common among obese children point out to the possibility that asthma may indeed be controlled through physical activity. This is because physical activity eventually makes the body to adapt to the increased intake of oxygen by developing mechanism which allows increased oxidation of blood. Such mechanism is postulated to be capable of limiting chances of alveoli constriction ad therefore greatly reduce the chances of asthma. Amongst the adolescents, increased physical activity may be seen as one possible way through which asthma may be contained . Statement of General Aims and Objectives The aim of the proposed study is to find out the connection between the role of physical activity and human health. From the fact that the human body usually adapts to conditions around it, this study shall aim at finding out the extent to which teenagers adaption to physical activity may reduce the chances of asthmatic attack for those who are already asthmatic. The paper shall focus on the role of physical activity in treating asthmatic ad related conditions in adolescents. The study shall also focus on what short term benefits physical activity may offer to asthmatic adolescents. The study shall assume that learned physical activity will go a long way to assist adolescents develop healthy lifestyles in their adult lives. Research Questions: Using PICO Model The study shall be conducted based on the guidance from the following research questions: 1. To what extent can asthmatic conditions be attributed to lifestyle? 2. Are adolescents who are less active physically likely to have health complications than their active counterparts? 3. What is the connection between patient diagnosed with asthma and physical mobility? 4. Can increased physical activity reduce the chances of asthmatic attack? 5. Do asthmatic adolescent who are engaged in physical activity show more progress towards recovery from asthmatic attacks? From the research questions, the study shall be conducted under the following hypotheses 1. Asthmatic condition in adolescents are majorly attributed to lifestyles 2. Adolescents who are less active physically are likely to have health complications than their active counterparts 3. Many patients diagnosed with asthma are usually physically inactive 4. Improved physical activity reduces the chances of frequent asthmatic attacks 5. Asthmatic adolescent who are engaged in physical activity are more likely to show more progress towards recovery from asthmatic attacks than those who are passive? Methods The stud y shall aim at working with adolescents. There shall be a need to seek approval from the school and parents from the sample that shall volunteer for the study. Much focus will be based on those adolescents who are already asthmatic. This will especially be so in order that a comparison shall be made possible. For reliability, rather than numbers, the study shall focus on different schools. It is anticipated that the target sample

Group characteristics and development Essay Example | Topics and Well Written Essays - 500 words - 1

Group characteristics and development - Essay Example Along with it, in the content of selected information some relevant information like the problem related discussion, facts and figures of already occurred problems, reasons for the occurrence of the problem, relevant solutions information to solve the problem were searched. Also, some information was searched on how to force young under aged drivers from not being able to get license so that they can be protected from danger. Some other sources were like the police record related to number of cases that occurred because of alcohol related drunken driving. The sources would be able to tell us the number of such cases occurred because of reasons like under age driving, youths’ returning from after party in a drunken state. Such information is crucial in forming a constructive discussion on the selected topic. The group discussion topic about what can be done to reduce the incidence of alcohol-related automobile accidents is a very relevant topic in the present context. The summa ry form discussion on the topic at the time of group discussion will help the entire group to understand the relevance of the topic. Also, it will create awareness among the listeners about the preventive measures which can be taken to reduce the occurrence of such incidence. Group discussion has its effectiveness in certain areas like a proper collection of information helps to identify and also locate information which relates to the topic. Also, it presents suggestions on the process of reducing the collected information to relevant one for the topic. It also helps in establishing certain questions for testing the acceptability of collected information before placing it in front of the group. All of these aids are of substantial value, mainly in the areas of decision making and problem solving. Effective solutions to problems and also sound assessment require good quality information and also the capability of applying it in a presentable

Globalization in India Essay Example | Topics and Well Written Essays - 500 words

Globalization in India - Essay Example The raise in migration, pressurise the city vicinity with increase in the density of population. The need to develop more land for living drives us to eliminate the greenery or natural habitat. Many cultivable lands were been taken away by either government or private realtors for the thrust for wealth. Land acquisition in countries like India created lot of uproar as people who depend on the land has to either relocate or they were forced to relocate leaving their age old habitats, the cattle, house etc. Multi national companies like POSCO have planned huge investments in Orissa state of India. The investment has ignited people to raise lot of concerns as it requires lot of relocation and rehabilitation management at the proposed sight. According to Vijayan MJ, the state government and POSCO rolled out a billion dollar investment plan in Orissa state of India. The land required for the project is 4004 acres out of which 3566 acres is government land and the rest 438 acres is private land. In all, as per official data, 471 families would be affected from the three Gram Panchayats. However, as per the local movement against POSCO, more than 4000 families, i.e., a population of 22000 will be affected by the project in the area.

Microbial physiology and culture (Practical 1 Antibiotics and Agar Coursework

Microbial physiology and culture (Practical 1 Antibiotics and Agar Diffusion) - Coursework Example On the other hand, experiment 2 attempts to investigate the repeatability of the essays using two different methods of antibiotic application to the discs. Lastly, experiment 3 uses gradient plates to qualitatively compare the response of new isolates to a particular antibiotic against a response of a standard strain. Practical 1: Antibiotics and Agar Diffusion Introduction Agar plate diffusion is currently one of the widely used experimental methods to determine the susceptibility of various microorganisms to antimicrobial agents. Generally the principle employed in this method is dependent on the inhibition of the microorganism reproduction on the surface of agar medium by an antimicrobial agent which gradually diffuses into the medium through a filter paper disc. In this regard, the level of susceptibility of the organisms is indicated by the size of the zone of inhibition. Typically when an antibiotic is applied to the agar medium, it moves from its region of high concentration t o the surrounding areas of lower antimicrobial concentration (Cooper, 1993, p.24). Inhibition zone is the clear area of the agar plate where the growth of the microorganisms is prevented by the activities of the microbial agent. The size of inhibition is usually measured and then compared to the standardized measurements in order to determine the level of antibiotic activity on the particular medium. This is primarily because the diameter of the inhibition zone is always a function of the susceptibility of the microorganism and the amount of antibiotics on the medium. Generally there are a number of factors that may affect the antimicrobial activity and consequently determine the size of inhibition zones. Some of the likely factors include agar depth, size of the inoculums and the presence of cations on the medium. The objective of this experiment is to investigate the factors that are responsible for the variation of microbial activity of various antimicrobial drugs on different or ganisms. Methods To investigate the effects of variables such as agar depth, presences of salt and inoculums size on the size of inhibition zones, lawn and seeding methods were used to inoculate the plates. In determining the effect of agar depth on the result of agar plate diffusion, four plates containing 10 cm3, 20 cm3, 20 cm3 and 30 cm3 agar were first swabbed with Eschericia coli 10418 (1:20 dilution). All plates were oriented horizontally except for the third one, which was slanted. Meanwhile, 2 plates each containing 20 cm3 DSTA were inoculated with 100 Â µl of either 1:20 E.coli dilution or undiluted broth culture. 4 discs each containing 20 Â µl 0.5 mg/ml ampicillin were placed in each of the plates. Finally the plates were then incubated overnight at 37Â °C and the variations in the inhibition zone size were recorded. To determine the effect of inoculum size on the antibiotic activity, 0.5mg/ml ampillicin solution and the E.coli dilution were used.2 plates with 20 cm3 D STA were poured into the solution. The first inoculate was then spread uniformly on the entire surface of the plate. On the second plate was also inoculated with a containing broth culture of E.coli was also inoculated. Finally 4 amplicin impregnated papers were placed on each plate before they were incubated. To investigate the effects of potassium or calcium ions on zone sizes, 0.1 or 1.0 ml of 2M KCl or CaCl2

Group characteristics and development Essay Example | Topics and Well Written Essays - 500 words - 1

Group characteristics and development - Essay Example Along with it, in the content of selected information some relevant information like the problem related discussion, facts and figures of already occurred problems, reasons for the occurrence of the problem, relevant solutions information to solve the problem were searched. Also, some information was searched on how to force young under aged drivers from not being able to get license so that they can be protected from danger. Some other sources were like the police record related to number of cases that occurred because of alcohol related drunken driving. The sources would be able to tell us the number of such cases occurred because of reasons like under age driving, youths’ returning from after party in a drunken state. Such information is crucial in forming a constructive discussion on the selected topic. The group discussion topic about what can be done to reduce the incidence of alcohol-related automobile accidents is a very relevant topic in the present context. The summa ry form discussion on the topic at the time of group discussion will help the entire group to understand the relevance of the topic. Also, it will create awareness among the listeners about the preventive measures which can be taken to reduce the occurrence of such incidence. Group discussion has its effectiveness in certain areas like a proper collection of information helps to identify and also locate information which relates to the topic. Also, it presents suggestions on the process of reducing the collected information to relevant one for the topic. It also helps in establishing certain questions for testing the acceptability of collected information before placing it in front of the group. All of these aids are of substantial value, mainly in the areas of decision making and problem solving. Effective solutions to problems and also sound assessment require good quality information and also the capability of applying it in a presentable

Microbial physiology and culture (Practical 1 Antibiotics and Agar Coursework

Microbial physiology and culture (Practical 1 Antibiotics and Agar Diffusion) - Coursework Example On the other hand, experiment 2 attempts to investigate the repeatability of the essays using two different methods of antibiotic application to the discs. Lastly, experiment 3 uses gradient plates to qualitatively compare the response of new isolates to a particular antibiotic against a response of a standard strain. Practical 1: Antibiotics and Agar Diffusion Introduction Agar plate diffusion is currently one of the widely used experimental methods to determine the susceptibility of various microorganisms to antimicrobial agents. Generally the principle employed in this method is dependent on the inhibition of the microorganism reproduction on the surface of agar medium by an antimicrobial agent which gradually diffuses into the medium through a filter paper disc. In this regard, the level of susceptibility of the organisms is indicated by the size of the zone of inhibition. Typically when an antibiotic is applied to the agar medium, it moves from its region of high concentration t o the surrounding areas of lower antimicrobial concentration (Cooper, 1993, p.24). Inhibition zone is the clear area of the agar plate where the growth of the microorganisms is prevented by the activities of the microbial agent. The size of inhibition is usually measured and then compared to the standardized measurements in order to determine the level of antibiotic activity on the particular medium. This is primarily because the diameter of the inhibition zone is always a function of the susceptibility of the microorganism and the amount of antibiotics on the medium. Generally there are a number of factors that may affect the antimicrobial activity and consequently determine the size of inhibition zones. Some of the likely factors include agar depth, size of the inoculums and the presence of cations on the medium. The objective of this experiment is to investigate the factors that are responsible for the variation of microbial activity of various antimicrobial drugs on different or ganisms. Methods To investigate the effects of variables such as agar depth, presences of salt and inoculums size on the size of inhibition zones, lawn and seeding methods were used to inoculate the plates. In determining the effect of agar depth on the result of agar plate diffusion, four plates containing 10 cm3, 20 cm3, 20 cm3 and 30 cm3 agar were first swabbed with Eschericia coli 10418 (1:20 dilution). All plates were oriented horizontally except for the third one, which was slanted. Meanwhile, 2 plates each containing 20 cm3 DSTA were inoculated with 100 Â µl of either 1:20 E.coli dilution or undiluted broth culture. 4 discs each containing 20 Â µl 0.5 mg/ml ampicillin were placed in each of the plates. Finally the plates were then incubated overnight at 37Â °C and the variations in the inhibition zone size were recorded. To determine the effect of inoculum size on the antibiotic activity, 0.5mg/ml ampillicin solution and the E.coli dilution were used.2 plates with 20 cm3 D STA were poured into the solution. The first inoculate was then spread uniformly on the entire surface of the plate. On the second plate was also inoculated with a containing broth culture of E.coli was also inoculated. Finally 4 amplicin impregnated papers were placed on each plate before they were incubated. To investigate the effects of potassium or calcium ions on zone sizes, 0.1 or 1.0 ml of 2M KCl or CaCl2

Hamlet Literary Analysis Essay Example for Free

Hamlet Literary Analysis Essay Carl Jung is an expert in freudian theory but with a strong sense of the unconscious and its habit of revealing itself in symbolic form. His personality theory â€Å"The persona† is an archetype, or an organized principle based on things we see or do. Hamlet is an example of a person who is doing whatever it takes to accomplish what he thinks is right. Claudius gives a false impression that he uses to manipulate peoples opinions towards Hamlet. Through the physiological lens of Carl Jung, Hamlet comes off as insane trying to avenge his fathers death, while Claudius is the one trying to convince everyone hes mad, to take his rightful place as king. Hamlet displays false impressions by pretending to be mad. He does this in order to get attention from his mother, who does not believe him when he tries to explain to her what the ghost told him about Claudius. Hamlet in despair thought that his plans were pointless and did not know what to do without the support he needed from his mother. This shows the ego nature of Hamlet. Hamlet is young and focuses a great deal on his ego and worries about the trivialities of the persona displaying his false impressions. Hamet only false impression. Hamlet was deceitful, he would create spectacles in which people would misinterpret his actions for someone who might be insane. â€Å"To be or not to be, that is the question† (III, i, 56) This is the question Hamlet is contemplating throughout the book, to live, or to die. He struggles with the thought of suicide many times as a result of no one believing him. Pretending to be mad is the only way he can come up with to try to avenge his fathers death. This quote emphasizes Hamlets inner struggle to cope with two opposing thoughts in his mind, preserving his moral integrity or avenging his fathers death. It’s hard to say if Hamlet is ever really insane in the play. He struggles with life changing decisions that can potentially change many lives, which would be good reasoning for causing madness. There are many points where you might believe Hamlet himself doesn’t even know the difference between who he is and who is is pretending to be. In order to keep his crown on the throne of Denmark, Claudius manipulates events, peoples lives and relationships. He makes use of his power along with others loyalty and trust. We know Hamlets hatred towards Claudius, for marrying his mother and trying to steal his place as king. But Hamlet is the only one who believes this, everyone else isn’t aware of his intentions. It is clear that we are intended to see Claudius not as a murderous villain, but a multi-faceted villain: someone who cannot refrain from doing what he feels is right. He is morally weak, and content to trade his humanity for very little. Claudius shows a strong false impression, proved by Carl Jungs theory to be a â€Å"mask† used to present himself to the world. He’s trying to replace the King by taking everything that was his. â€Å"Though yet of Hamlet our dear brothers death The memory be green, and that it us befitted To bear our hearts in grief and our whole kingdom To be contracted in one brow of woe,Yet so far hath discretion fought with nature That we with wisest sorrow think on him,Together with remembrance of ourselves†(1.2. 1) Here Claudius is talking to his people about how they should be mourning Old King Hamlet’s death, but it would be wise for the whole kingdom to move on quickly. This is part of the â€Å"mask† he is wearing for the people, considering hes the one who killed the King in the first place. Carl Jungs theory proves itself to be true for both Hamlet and Claudius in the Play. His theory on the persona representing your public image is different, but apparent for both of them. For Hamlet, a false impression is apparent but for his gain only, He is pretending to be insane towards his mother because that the only way he feels he can get her attention. Claudius portrays a false impression towards all the people, because he is the only one that truly knows Hamlet is sane. His â€Å"mask† is to cover himself up for the Kings Murder. The truth comes out when its apparent He wants Hamlet killed. Jung states that at its worst, false impressions, can be mistaken, even by ourselves, for our true nature. This happens to Hamlet as he mistakes himself for many things he is not. â€Å"If one does not understand a person, one tends to regard him as a fool. † (Mysterium Coniunctionis). This relates to how everyone believes Hamlet is mad because they don’t understand what he saw and heard from his fathers ghost. Through the physiological lens of Carl Jung, Hamlet comes off as insane trying to avenge his fathers death and prove to his mother all he knows, while Claudius is the one trying to convince everyone hes mad, to take his rightful place as king.

Material Weakness And Significant Deficiency Accounting Essay

Material Weakness And Significant Deficiency Accounting Essay Auditing Standard number 5, as outlined by the Public Company Accounting Oversight Board, creates guidelines regarding the manner in which an auditor should approach an audit of a companys managements assessment of that companys internal controls over financial reporting, as well as an audit of that companys financial statements. Of particular note are the Standards outlines of the top-down approach in which an auditor is expected to work his or her way down in testing controls from the most broad level to the most specific, and the Standards definitions of material weaknesses and significant deficiencies. Understanding these concepts is key to understanding the Standard, and thus, essential in performing audits on internal controls over financial reporting and on financial statements. Top-Down Approach Using a top down approach to choose which controls to test regarding an audit of internal control over financial reporting calls for the auditor to begin with the most broad controls, and make his or her way down to the most detailed and specific controls. It is important for the auditor to test these internal controls, as many companies may attempt to ignore certain regulations, or in some cases, not correctly understand or employ them. Internal controls on the financial statement level are the first to undergo scrutiny, followed by entity-level controls, and then significant accounts and disclosures as well as their relevant assertions. The top down approach is utilized to allow for the auditors focus on potential mistreatments of accounts disclosures, and assertions. The top down approach begins with examining the financial statement level, understanding the risks to internal control over financial reporting, and evaluating whether these controls are satisfactory. Once the controls on the financial statement level are tested, the auditor may move to identify and examine entity-level controls. Entity level controls are narrower and more complex than controls on the financial statement level, and include a number of different controls such as controls over management override, risk assessment processes, and controls over financial reporting processes, among others. The auditor must scrutinize the procedures used for each entity level control and determine whether there may be issues with these control procedures. For example, the auditor must examine the procedures used by the company to produce its annual and quarterly financial statements. After an auditor scrutinizes the internal controls on the entity level, he or she should switch focus to significant accounts and their disclosures, as well as their relevant assertions, which include any assertions made by the companys management that have a reasonable possibility of having a misstatement that may cause a material misstatement in the companys financial statements. The auditor is expected to identify the relevant accounts, and then assess the risk factors connected with these accounts. A good deal of the identification process involves the auditors understanding of what could cause potential misstatements. As such, the auditor is expected to perform walkthroughs, in which he or she closely follows a particular transaction through the companys complete process. Walkthroughs are also suggested to be performed in combination with other methods of scrutiny, such as observation and questioning during their process. In selecting which controls to test, it is important for the auditor to consider which ones will have a potential risk of misstatement, and have a significant effect on the auditors conclusion of such. Material Weakness vs. Significant Deficiency In understanding the difference between a material weakness and a significant deficiency, it is important to first understand what a deficiency is. Deficiencies can exist in both design and operation, and they disallow employees from preventing, or in some cases, identifying financial misstatements. Material weaknesses exist when there is a reasonable possibility that a misstatement will occur as a result of one or more deficiencies. A significant deficiency, although less severe than a material weakness, occurs when a deficiency in internal control over financial reporting is worth looking at as a potential cause of future misstatement. There are many indicators of material weakness outlined by the Standard that help to serve an auditor in identifying such weaknesses. These indicators include the identification of fraud practices by senior management, restatements of financial statements that appear to correct misstatement, misstatement of current financial statements, and ineffective oversight of internal controls by the companys audit committee. In addition, the auditor is expected to take steps in reporting material weaknesses as well as significant deficiencies in a companys internal controls over financial reporting. Both material weaknesses and significant deficiencies must be communicated to the audit committee in writing; however, while all material weaknesses must be identified, the auditor is not obligated to report any significant deficiencies that he or she is not aware of. Moreover, both material weaknesses and significant deficiencies must be reported to management of the company being audited, with less importance given to significant deficiencies than to material weaknesses in the write-up. The guidelines created by Auditing Standard number 5 help to establish a standard by which auditors must abide, and helps them through the process of auditing a companys internal controls over financial reporting and that companys financial statements. The top down approach creates a systematic process by which auditors can zero in on potential mistreatments of accounts disclosures, and assertions. Understanding material weaknesses and significant deficiencies is imperative in the process of identifying and reporting such mistreatments and misstatements.

The Importance of Donating Blood Essay -- Medical Health Essays

The Importance of Donating Blood The birth of Chase changed our lives forever. We were not sure if we were able to have children and after 5 years of trying with not avail, Chase was born. He was 5 lbs. and 8 oz. He was so tiny and fragile, but the love we had for our son was enormous. When Chase turned five months old, the doctors told us that he had leukemia. They said it would take a miracle for him to see his 1st birthday. We as parents did not know what to do or who to turn for to help and guide us in the right directions. Chase would undergo many surgeries and need many pints of blood. It is often that people do not understand why donating blood is important part of life. What if Chase was your 5-month-old son? We need blood for emergencies and for people who have cancer, blood disorders, sickle cell anemia and other illnesses. Donating blood can save so many lives, one day it could save you or a loved one’s life. If all of us took the time to see the importance of blood donation than many people would have a greater will to give. Donating blood is a selfless act; it takes 30-45 minutes out of your day and can be a lifesaver for so many. Although we all would like to do are part, there are eligibility requirements in order to donate blood. To give blood you must be healthy, be at least 17-year’s old, weigh at least 110 pounds, and not have donated blood in the last 56 days. Some instances will make you ineligible to donate. Recently getting a tattoo or piercing, having a cold or flu, or having sexual relations with someone who has used drugs can make you ineligible. If you have been in a same sex relationship, you are not able to donate blood. In addition, certain place that you might have traveled... ...d that they got support they needed when it came time. There are many ways and places to donate. This is the time to join in and become a donor. Your one donation can save their lives. If it were not for the everyday heroes' that take time out of their busy day to give a piece of themselves, then many more people would not be here. Blood is one way of giving your support. Please help save a life and give what you can. Do not make excuses on why you cannot. Come up with reasons why you can. Even if you are ineligible to donate, you can always volunteer your services to help. Work Cited American Association of Blood Banks. 2004 http://www.aabb.org/index.htm American Red Cross Organization. 2003 http://www.redcross.org/home/ Plasma Care. 2003 http://www.plasmacare.com/ Seattle Cancer Care Alliance. 2004 http://www.seattlecca.org/

Effective Communication Used by Benevolent Leader, Queen Elizabeth I :: European History

Effective Communication Used by Benevolent Leader, Queen Elizabeth I Persuasion is a difficult skill to master. One has to take into account the ideologies held by the audience and how those relate to one’s own intentions of changing minds. In order to encourage her troops to fight courageously in defense of England, Queen Elizabeth I utilizes Aristotle’s principles of effective communication that include logos, pathos and ethos in her Speech to the English Troops at Tilbury, Facing the Spanish Armada. The first principle that Queen Elizabeth I introduces into her speech is logos, as she uses reason and inference to assure her soldiers of her faith in their resolve to fight for the good of England. She warns her soldiers that she has been told to â€Å"take heed how we commit ourselves to armed multitudes, for fear of treachery.† This warning is from a source that is concerned with not only her safety, but also the safety of her subjects and, despite that concern, she claims that it is the tyrants who should be fearful. Since she has â€Å"placed my chiefest strength and safeguard in the loyal hearts and good will of my subjects,† she has no reason to worry because she is not a tyrant like her enemies. As a result of investing and drawing her strength from the people of her kingdom, Queen Elizabeth I has little to fear unlike the tyrants who cannot trust their own armies. The trust that she has placed in her armies to protect the kingdom leads to the use of the second of Aristotle’s principles of effective communication. Queen Elizabeth I uses pathos to appeal to soldiers through their emotions by reminding them that she is on the field with them to die for her subjects (them), just as she is asking them to die for her. She is not on the battlefield with them for her own amusement; the Queen is determined to â€Å"live or die amongst you all, to lay down for my God, and for my kingdom† and this appeals to the soldiers’ sense of duty.

Arguments for and Against the Minimum Wage in the Uk

Arguments for and against the National Minimum Wage (NMW) in the UK: stop employees being taken advantage of by being paid unfair wages by their employers. set a standard of the minimum worth of a worker. This benchmark was set so that employers would be unable to hire any staff for less than the suggested hourly rate. reduce pay differentials between genders. What is the new minimum wage? : In October 2009, the NMW for workers increased from: ?5. 73 to ? 5. 80 per hour – aged 22 years and older ?4. 77 to ? 4. 83 per hour – aged 18 to 21 years ?3. 53 to ? 3. 7 an hour – aged 16 and 17 years As of October 2010, the adult minimum rate will start from 21 years. Who qualifies for the Minimum Wage? Home workers, agency workers, part-time employees, pieceworkers†¦ most adult employees working legally in the United Kingdom with a written, verbal or implied contract, qualify for the NMW. The relationship between Demand and Supply: Arguments in favour of the NMW: Dia gram showing potential earnings from the NMW: {draw:frame} Diagram showing increasing demand for Normal goods: {draw:frame} Reduced labour turnover, raised productivity: Economic benefit for the country: Monopsonistic labour markets: A monopsony occurs when one buyer faces many sellers in a market. The buyer thus controls a large proportion of that market share. In the diagram below, a monopsonistic business maximises its profits at Q2, paying a wage at W1. (Demand = Marginal Revenue Product and supply =Average Costs). If the minimum wage increases to W2, demand for labour will increase to Q1. The level of unemployment will not increase until the minimum wage increases to an amount higher than W3. Diagram showing NMW effects on a Monopsony: draw:frame} Arguments against the NMW: Law not properly enforced: The NMW is not a properly enforced law. The result is that is has merely become a guideline to which employers are expected to adhere. It is estimated that 5% of the UK workforce receives less than minimum wage (WordPress 2009). If an employee reports his employer for paying less than the minimum wage, the employee pays a nominal fine. Fines are not severe enough (HM Revenue and Customs 2009). Low-skilled workers suffer: Many opposed the NMW when it was first introduced. Some believed that it would increase unemployment and cause wage inflation. They argued that if the minimum wage was high enough to be effective, unemployment among the inexperienced and handicapped would escalate. The workers with lesser skills would be harmed to the benefit of those who were more highly skilled. The demand for jobs at the higher wage levels would be greater than the supply of jobs available. Businesses could therefore afford to be more selective in the employees they chose, and workers with limited skills and experience would typically be excluded. Cost of production increases, leading to higher prices for consumers: Another argument is that an increase in the minimum wage willincrease production costs, thus increasing the overall cost of the product. The result of this would be reduced profits for the business, due to: producers absorbing the extra costs, leaving less money for re-investment. Diagram showing how an increase in the price of a product affects supply and demand: {draw:frame} The original price of product X is ? 35, and the demand for the product is 320 units (E1 representing Equilibrium between demand and supply). Product X then increases in price to ? 4 due to an increase in the NMW, resulting in a drop in demand for the product to 120 units. This drop in demand then results in an oversupply of goods from the producer, who is then forced to reduce his supply to the new demand level, or goods may sit on the shelf. E2 represents the new Equilibrium level between supply and demand. If the good was perishable and th e supplier did not adjust his supply, there would be a lot of wastage. Not everybody qualifies: Those who are exempt from receiving the NMW include; Apprentices under 19 years of age, and apprentices 19 years or older in their first year of their apprenticeship. Students on a work placement, forming part of a higher- or further education course, where the placement is for less than one year. The self-employed Those on a Department for Workers and Pensions back-to-work scheme The Recession: A recession is characterised by a period of at least two consecutive quarters of negative growth. During a recession, demand and supply of goods and services in the economy contracts. The UK economy contracted by 1. 5% in the last quarter of 2008 and the Gross Domestic Product experienced its biggest fall since the second quarter of 1980 (Kowelle 2009). This is the first time since the inception of the NMW that employment has fallen. Unemployment is rapidly on the increase. A reduction in output means that the need for labour is reduced. In the early stages of a recession, companies tend to cut back on employee hours, rather than making workers redundant. If companies are forced to reduce their employee numbers, they will initially attempt to do this through natural wastage, putting a hold on hiring, and not replacing workers who leave the company of their own accord. Thus the demand for new entrants to the market is very limited. The current recession has caused a very limited availability of credit and reduced demand worldwide. It is expected that high levels of debt and the fall of housing prices and equity prices will affect the UK more than many other nations (Bain 2009). What if there were no minimum wage in place? : Without a set minimum wage, the quantity of labour supplied will continue to change according to price, until the level of labour demanded is equal to the level of labour supplied. That is to say, an equilibrium price will be reached, where supply and demand curves intersect. {draw:frame} Deepak Lal, criticises the minimum wage, stating that it is â€Å"an inefficient, well-intentioned but inexpert interference with the mechanisms of supply and demand.. † References: DEPARTMENT FOR BUSINESS INNOVATION & SKILLS. , 2007. National Minimum WageGuide for Employees [online] United Kingdom. Available from: http://www. berr. gov. uk/files/file53059. pdf [Accessed 23 November 2009] eHOW How To Do Just About Everything. How Does The Minimum Wage Affect The Economy [online video]. Available from: http://www. ehow. co. uk/video_4974004_minimum-wage-affect-economy. html? cr=1 [Accessed 20 November 2009] NATIONAL MINIMUM WAGE COMMISSION. , 2009 National Minimum Wage. Low Pay Commission Report 2009. (Chairman George Bain). United Kingdom: The Stationery Office. WORD PRESS. , 2009. New Deal Scandal: UK Unemployment Course Scandal and Welfare Reformconcerns [online] 20 August. Available from: http://newdealscandal. wordpress. com/2009/08/20/national-minimum-wage-nmw/ [Accessed 23 November 2009]

Knowledge, Love and Character Analysis on the Film “Last Night” by Don McKellar Essay

Knowledge is commonly defined as expertise and skills developed by a person out of an experience or from education. Basically, it is the theoretical or practical understanding of an issue or subject. It is what is known in a certain field or in other words, facts and information. It can also be defined as awareness or familiarity gained by experience of a fact or situation (Kunii, Ramamoorthy, Ching, & Wu, 2007). Our brain is the one responsible for processing the data or information that a person receives. Aware or unconscious, everything that the brain encounters, is filtered and stored. For this reason, we acquire the knowledge and eventually learn new things. Learning is a huge part of human development. Knowledge is acquired through different means. It can be from learning or an experience. Learning can be stated as an acquisition and development of memories as well as behaviors which include skills, knowledge, understanding, wisdom and values. There is presently no agreed definition of knowledge but there are several existing theories about it. Knowledge acquisition involves a complex cognition processes like perception, communication, learning, reasoning, and association. The word â€Å"knowledge† is also used to define concrete understandings of a subject or context thus uses it for a specific purpose.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In the movie â€Å"Last Night† by Don McKellar, this knowledge of possible future events are portrayed. The characters are subjected to a situation where they know that they only have few hours left to live. Their response on this issue changes their usual character trait making them do things they won’t usually do. Knowing that they only have six hours away from the very end, each character planned what they want to do with their remaining life. Like the case of Patrick Wheeler, an architect played by Don McKellar, after knowing that he’s only six hours away from death, decided to go home and face it alone in his apartment because of his wife’s death still hangs heavily upon him. Because his wife was already dead, it has greatly affected him and made him suffer in his solitude. It brought him the feeling of being incomplete. (Leong, 1998).   Patrick best portrays a type of love called Agape. It is often referred to as Divine Love and involves  Self-sacrificing love. Peter decided to sacrifice the chance of loving another woman. He only loved one woman – his beloved wife. Also, there are the characters like the young married woman (Sandra Oh), who rushed home planning to commit suicide along with her husband, but she got stuck across the town away from him and may not make in time fulfill the promise made. This portrayal of character exemplifies love where she wants companionship till her last breath. Her idea of true love is based whether they will end up together whatever happens. She believed that by doing this, she loves him that much that she is willing to die with him (Block, 1998). This type of love can be categorized as Mania. It is a kind of love could lead to obsession or craving. It can also lead to exaggerated feelings and excessiveness where one would willingly take his or her life because on the emotion. Patrick’s friend, Craig (Callum Keith Rennie), is a womanizer who intents on living out a compulsively detailed sexual wish-list. His character displays the love for pleasure. He wants to achieve his fantasies before his life come to an end. This symbolizes the type of love called Eros. It deals with sexual desires and considers that physical attraction is a way of expressing love. On the other hand, Duncan (played by director David Cronenberg) alertly calls each of his customers to assure them that their service will be continued until the final moment. On this part of the movie, Duncan displays the types of love called Philia or brotherly love. It represents the love that is generated or even related because of common goal or interest. It bonds every one in unity and cooperation. It also displays Storge, or friendship love, which expresses and involves respect and concern for another person’s interest and welfare. Patrick’s mother (Roberta Maxwell), after realizing the situation, insists that the family hold a pseudo-Christmas dinner (Block, 1998). She portrays love for her family and her satisfaction of seeing them together even at the very end. It can also serve as a celebration of the years of their life. Jennifer (Sarah Polley), Patrick’s sister, decided to go to a street party with her boyfriend Alex (Trent McMullen). This shows her love for her partner that she wants her last moments with him. This could portray Romantic love (venus). Each of the characters is trying to find a sense of achievement in their last hours, so that before their death they will be satisfied that they had not wasted their life. In overall, the movie emphasizes the human behavior towards the awareness of future events. It illustrates human response when one has the knowledge of what may occur. An individual, for the reason that his brain process the information, tends to think hard about it and make him draw conclusion, makes plans on what to do and others. This is because of complex learning and cognition which motivates the brain to function (Ormrod, 2007). There are still remaining types of love like Ludis or the flirtatious and teasing Love. This type of love is associated with a kind of love for teen agers. In this kind of love, game playing plays a big role of expressing love and it is like an outward expression of love. Furthermore, is most often intended to arouse another to physical attraction, which can lead to Eros â€Å"sexual Love†. Another is Pragma or the Logical Love which expresses unification though common goals and interests. It is the kind of love that is based on shared interests and common backgrounds. This love is influenced by a system of principles, and the application of reason, and deductions to common experiences that describe and define relationships among propositions in terms of implications, contradictions, and contrariety. (Records, 2007) References: Block, T. (1998). Last Night (1998) [Electronic Version]. Culturevulture: Choices for Cognoscenti. Retrieved October 20, 2007 from http://www.culturevulture.net/Movies/LastNight.htm. Kunii, T. L., Ramamoorthy, C. V., Ching, H., & Wu, T.-Y. (2007). Money, Health, and Happiness. Complete Automation Laboratory. Leong, A. (1998). Last Night Movie Review. Ormrod, J. E. (2007). Human Learning (5th ed.): Prentice Hall. Records, P. (2007). Love [Electronic Version]. Retrieved October 24, 2007 from http://proagency.tripod.com/love.html.

Aerobic Training vs. Anaerobic Training Comparative Essay

Aerobic Training vs. Anaerobic Training Each person has different goals when wanting to become physically fit, but not many people know the difference between aerobic and anaerobic training. Even though aerobic and anaerobic training both contribute in maintaining overall health and both produce energy through glycolysis, which is the conversion of glucose into pyruvate, the training are different to achieve different results and the metabolic processes used by these two types of training are different. It is very important to know how to distinguish the differences between aerobic and anaerobic exercises to achieve different goals. Both aerobic and anaerobic training are equally important as stated by Lauren Bateman, â€Å"However, you need both anaerobic and aerobic exercise to be truly healthy† (Bateman, 2006-2011). I will discuss the difference between aerobic and anaerobic training so that you can achieve your goals effectively and proficiently. Aerobic training consists of physical activities such as jogging, brisk walking, rowing, cycling, skiing, and swimming. These are simple exercises that are performed at a low or moderate intensity and at longer period of time. When performing aerobic exercises, you activate the slow twitch muscles in your body. Lauren Bateman states, â€Å"Aerobic exercise means that you need to get continuous and large amounts of oxygen in order to generate energy† (Bateman, 2006-2011), so aerobic training produces energy through glycolysis by using oxygen to break down glucose as part of its metabolic process. Aerobic training should be for individuals whose goals are to lose weight and get slimmer, burn fat and tone their body, improve the circulation of blood and transportation of oxygen in the body, or strengthening and the muscles involved in respiration which is increasing their stamina. Anaerobic training consists of physical activities such as sprinting, jumping, weightlifting, and stress training. These are high intensity exercises that are performed for a short period of time. When performing anaerobic exercises, you activate the fast twitch muscles in your body. As stated by Lauren Bateman, â€Å"Anaerobic exercise such as weight lifting does not require large amounts of oxygen because the activity itself is very brief and intense† (Bateman, 2006-2011), so anaerobic training produces energy through glycolysis by the use of phosphocreatine, stored in the muscles, to break down glucose instead of oxygen as part of its metabolic process. Anaerobic training should be for individuals whose goals are to increase speed, power, strength, body mass, and agility depending on the anaerobic exercises. For instance, sprinting improves speed and power, weightlifting improves strength and body-mass, and vertical jumps improve muscular power and agility. In conclusion, choosing whether to conduct aerobic or anaerobic training depends on the goal that certain individual is trying to achieve. Even though aerobic and anaerobic training both contribute in maintaining overall health, it is very important to know how to distinguish the differences between aerobic and anaerobic exercises to achieve different goals effectively and proficiently. Even though it is important to know the difference between aerobic and anaerobic training, just remember they are also equally important. References Bateman, L. (2006 – 2011). Aerobic Vs Anaerobic Exercise. Retrieved June 8, 2011, from Todays Women and Health Website: http://www. todays-women-and-health. com/anaerobic-exercise. html

Apps of psychology ( application of psychology) Essay

Apps of psychology ( application of psychology) - Essay Example These principles govern the functioning and the growth experienced by the organization. Rationalism is a principle that expresses decision making and analysis in deductive and logical patterns. This principle emphasizes objectivity and logical patterns that are very useful in identifying the best procedures that will lead to enhanced productivity. Pragmatism is a principle that defines the need for emphasis on results, and the need to identify the procedures most effective in delivering the said end goal. Existentialism on the other hand is a principle that guides development towards individual and team growth through enhanced understanding of needs, values and goals. These philosophical constructs are very real to the process of Organizational Development. Freud’s Psychoanalytic constructs are best applied to individuals, but are also useful in understanding the motivations of an individual within an organization. His description of anxiety and defense mechanisms like projection denial and action formation have been found to be applicable to organizational settings; while the concepts of fixation, transference and regression have been found to adequately explain issues faced by individuals in the resolution of these said problems. Freud’s theory breaks life into stages, and the resolution of the dilemmas Faced by the person at each stage becomes a key component in the personality they form by the time they reach adulthood. Using this information, it is possible to select individuals who are equipped for certain jobs, and the avoid placing individuals in positions which will draw out their anxieties and inhibit their ability to work better. The understanding of personality afforded to us by the work of Sigmund Freud helps is in choosing the right individual for the right job, for understanding and resolving the anxiety and dilemmas faced in work groups; and to understand