Fiction Essay Samples - Why Do I Always Choose These?

Fiction Essay Samples - Why Do I Always Choose These?There are many different genres that one can choose to write in their novel, or perhaps just about any other written piece, but in most cases the best option would be to read fiction essay samples. The reason for this is because it will give you an idea of what it means to write a book or essay.This type of writing requires one to think about a story from beginning to end, from plot and characters to ending and even how it will be presented. Because the book is full of interesting facts and back story, the writer is going to have to create another narrative that is compelling. A good example of this is The Departed.A great deal of research went into the creation of The Departed. The movie was directed by Martin Scorsese, and it was written by Nic Pizzolatto, so this means that this is an authentic work. That being said, one must understand how to present a story to make it interesting and intriguing, and the best way to do this is through a great story that has been written, and not simply being a product of the author's imagination.One great example of this is Gone Girl. The plot of this book is intriguing, and the author really knows how to present this story in a way that is captivating.For example, instead of a regular story with chapters, this story has eight pages, each one being the same length as the one before it. Also, instead of writing a long paragraph of words, they're separated with a very short paragraph, and then the information is introduced to make it a little easier for the reader to understand what is going on.In terms of the topics covered in these fiction essay samples, there are many different genres that can be found, but the most popular being the thriller, mystery, political, and also romance. These are usually presented in shorter pieces and are a great way to get ideas to keep coming up.Some great examples of fiction essay samples include all three of them, thriller, mystery, and r omance. This shows that the topic can be much more complex, with all of the different facets that are needed to create a fantastic and captivating story.

Critical evaluation of ROCE as a performance metric on Culharb plc - Free Essay Example

Sample details Pages: 9 Words: 2640 Downloads: 7 Date added: 2017/06/26 Category Finance Essay Type Cause and effect essay Did you like this example? Return on capital employed (ROCE) is a measure of performance where it shows the return on every penny invested by an organisation. It is the ratio between the wealth generated to the wealth invested. The simplest way of calculating it is taking the ratio percentage of operating profit before tax and interest against the capital employed i.e. ROCE = Operating profit before tax and interest/ Capital employed*100 Don’t waste time! Our writers will create an original "Critical evaluation of ROCE as a performance metric on Culharb plc" essay for you Create order Given that short-term profit is not being generated at the expenses of long term, this ratio should be as high as possible. To achieve higher ROCE either the profits have to be kept high through higher volume of sales or the capital invested has to be kept low by efficient usage of capital. A higher return on capital employed value indicates higher performance. It is arguable that performance is about realigning managerial calculations towards those of the investor around higher returns on capital. ROCE though is a good way of measuring organisational performance, has few drawbacks. It can be observed from the given case that Culharb plc., is a multi-divisional organisation with each division having its own investment responsibility. One particular problem is that ROCE may understate capital employed. Research and development, trademarks, brand, etc. are not considered in spite of the fact that they still represent the capital employed. However the advantages of not considering these intangible assets are that, it helps in keeping ROCE consistent by measuring only operating efficiency and also this does not change operating efficiency of a business being acquired (In case of an acquisition of a smaller brand by a bigger one, it does not impact the performance rating of either of them). Secondly ROCE does not consider depreciation to which it is very sensitive. If one division is writing off assets at a relatively faster rate than the other, then its ROCE will be affected. Also if a division is using an asset which has been largely written off, both its current depreciation charge and its investment base will be low. As a consequence its ROCE will be high in relation to newer divisions as in case of Visicon division and other divisions together. If there are some costs which are utilised over a period of time like equipment cost, it is not considered to be a year on year investment but as a onetime initial investment. Thus the year on year capital employed decreases if other costs are kept the same. And if we assume that the profits are also constant over years, ROCE decreases though the management has done nothing towards driving the financial value of the firm. In this case there are proposed projects wherein the divisions will be trading with one another (Pumps and Visicon trading the automation technology). When this happens, the cost at which goods are procured or traded by the respective divisions will certainly affect their divisional performance. Another fact which should be considered here is that ROCE reduces if the cash reserves are high i.e., money generated (through equity or debt) is not invested but kept as reserve. Finally the condition under which the divisions operate plays a major role in their performance. But unfortunately the conditional factors are not considered while calculating ROCE. If one division operates in a market where the conditions are favourable in terms of high rates of return, while the other suffers excessive competition, the differences may cause one to look bad and the other good. This is a percentage measure and managers may try to manage the ratio by reducing the level of investment rather than increasing profits. For example, a profit of pound;10 over zero investment gives a performance level which is infinite. It is also more difficult to allow for the relative risks associated with the different divisions within the group when percentage returns are being compared. Considering all the above discussed factors it is not preferable using ROCE as a measure to assess divisional performance in Culharb plc. In order to use this concept at the divisional level, the division must exercise control not only over sales revenue and relevant associated costs but also over the level of investment made in this area of business. It is therefore much suited for self contained independent units within a large group of business. And in the given case Culharb plc the divisions though enjoy a significant amount of autonomy, they are not totally independent and the control is over access to funding. The group wishes to allocate funds to those divisions which will generate the best risk adjusted return over time. Residual Income as an indicator of divisional performance Residual Income (RI) is nothing but the operating profits that an organisation is able to generate above some minimum return value (preset rate) on its capital employed or assets. And it is calculated using the below mentioned formula: RI = Net Operating Income (Minimum Rate of Return on Investment x Operating Assets) where Net Operating Income is operating profit, Minimum Rate of Return on Investment is an organisation preset rate, which is the expected rate of return from the investment (Capital Employed) being made. Operating assets is the capital employed. When RI is used to evaluate divisional performance, the objective is to maximize the total amount of residual income, not to maximize the overall return on investment percentage figure. RI is preferred sometimes as a measure of performance because it encourages accepting investment opportunities that have rates of return greater than the charge for invested capital. Using RI, the organisation levies a charge in terms of interest on any funds utilised by the division. The level of interest applied depends on the risk associated with the division and investment; however it reduces the net profit of a division compared to its investment. Hence the remaining profit which is the residual income is the net contribution of the division towards the wealth of the organisation. The advantages of using residual income in assessing the performance of a division in Culharb plc., would be the fact that it considers the opportunity cost of tying up assets in the division. Secondly the rate of return could be modified according to the risk undertaken by the division. Next advantage is that various assets might be required to earn different returns depending on their risk. Finally the effect of maximizing income rather than a percentage leads to achievement of organisational goal. Considering the proposal from pumps division, the capital employed is zero as the division is not investing anything, but shelving a product to earn income. Applying ROCE here yields an infinite value which indicates an excellent performance rate for the division. Whereas this might be unfair when compared to the performance of forging division which could be performing equally well had it had to shun a product and generate income by selling the assets associated with the product (ROCE becomes infinite due to zero investment). Instead they are investing in a new project whose future returns looks promising enough. Thus, it is vitally important to use RI as a performance measure, where the parent organisation sets the benchmark to be achieved by both the divisions and then compares the value to evaluate their performance. Thus it would not be appropriate to set the same target RI for the segments that have different asset value. RI tends to increase over life of an asset. That is as the value of asset depreciates, the finance charge decreases. However, as long as a new investment generates profit at a rate above the companys cost of capital it will increase the total ri of the division. RI may vary from year to year or company to company. Balanced Scorecard approach at divisional level The balanced scorecard (BSC) is a strategic planning and performance management tool that is used extensively in the business industries worldwide to align their business activities to the vision and mission of the organization, improve internal and external communications, and monitor organizational performance against strategic goals. It is a concept for measuring the smaller-scale operational activities of a company and comparing it with the larger-scale objectives in terms of vision and strategy of the organization. BSC was designed to help organisations measure performance considering not only the financial and accounting ratios but also other aspects of performance evaluation. BSC has four perspectives, namely Learning and Growth Perspective Can we continue to improve and add value Internal Business Processes Perspective What must we achieve The Customer Perspective How do customers see us Financial Perspective What do shareholders feel about our value improvement Each of these perspectives is linked to one another. Achievement of one leads to the other. For an organisation to grow financially in the eyes of shareholders it has to satisfy its customers and keep them happy. This can be accomplished through defining a target to be achieved or competencies that the organisation needs to excel in. And this motivation comes from answering the question if the organisation is capable of continuing to learn and innovate, thus adding value to the organisation. Taking into consideration these perspectives as a whole ensures that the managerial decisions made are fair enough because it gives a balanced view of the organisations performance and not just the financial performance. Secondly it helps in differentiating and setting short and long term goals when you know what you want to achieve (customer and shareholder perspective) and how to get there (business and learning perspective). The divisions just need to focus on things to be done in order to sta y competitive in the market. This would be certainly a very good measure of performance as it would consider various aspects of performance measurement, especially in case of Culharb plc., which has different divisions whose operating market conditions as well as requirements are different. Visicon division is relatively new to the market when compared to the other divisions and is yet to establish itself as a major player. And assessing its performance based on financial measurement alone is unfair. The reason being the fact ,that it has made huge investments in RD and also have requested funds for training recruitment process, which tends to yield benefits in the future and not the present. So it will be appropriate if we could measure its performance based on other criterions as well i.e. the non-financial aspect. Unlike ROCE or any other financial performance metric BSC helps in measuring the performance of the divisions across various attributes and not just one. Performance of the divisions should be rega rded as a whole measure and not only. Based on the outcome of a particular divisions BSC, varying targets and strategies to accomplish the task could be set for that division. The way of defining the task and describing the strategy to achieve that could vary across divisions. Thus enabling Culharb plc., to assign different criterions to be met by each division in order to enhance their performance. These factors will largely be dependent on the organisations vision thus enabling Culharb plc., to realise its vision through improved divisional performance. Implementing BSC would result in increased financial output through greater customer satisfaction and motivated employees. Though its not a quick fix solution as it needs a considerable amount of time before it bears positive results, implementation of balanced scorecard approach as a measure of performance in Cuharb plc will be beneficial. Part B Is Economic Value Added a profit centric performance measurement tool? Economic Value Added (EVA) is a performance metric which lays emphasis on maximising shareholders wealth. One important observation to be made is that it is increasing shareholders wealth and not value. This reflects the notion that, for a business to be profitable in an economic sense, it must generate returns that exceed the required returns by the investors. EVA is the measure of the extent to which, if at all, the after tax operating profit of the business for a period, exceeds the required minimum profit, which in turn is based on the shareholders minimum required rate of return on their investment multiplied by the amount of that investment. Hence EVA is calculated using the below mentioned formula: As per the formula what could be understood is that in order to achieve higher EVA either NOPAT has to be increased or R reduced else efficiency of C needs to be increased. NOPAT can be enhanced by registering more profit through sales, R can be reduced by decreasing shareholders expected rate of interest maybe by raising funds through debt and efficiency in C can be obtained by smart investments in high yielding assets rather than low yielding ones. Initially a target can be set for EVA for a business as a whole or for individual units. These values can then be compared with the actual values or returns generated after the completion of the planning period. What EVA says is that to assess it with greater accuracy and detail some adjustments is necessary which otherwise would result in inconsistent measurement data. This is done due to the problems and limitations of conventional accounting measures. The amount of capital used is also subject to various adjustments including capitalising R D and operating leases. However these adjustments are matter of judgements. It all depends on the perception of the person who is evaluating the factors and variables for adjustments. A variable which might be important from one evaluators point of view might not be as significant for others. Right from the beginning what can be observed is that EVA is shareholder centric and gives negligible relevance to stakeholders. To drive the performance of any organisation using EVA would mean creating more wealth. This hardly emphasises on other value drivers such as stakeholder benefits which can be observed from the EVA formula where profit after tax is considered and not before tax signifying that its shareholder benefits (more wealth) which has more prominence. EVA signifies momentary swings in the capital market rather than performance. Not any other types of changes except economic changes are reflected in EVA, though the drivers might be relevant to performance. For example, a sudden downturn (eg. Credit crunch) in the market resulting in a varied product requirement might effect the sales of the company thus reducing the revenue and the overall profits generated. Though the organisation might have performed well till now, it will still result in a lower EVA value because of low operating profits and not being able to achieve the predetermined EVA target. So its until the organisation is generating more and more wealth it is creating economic value for its shareholders. In order to earn more profits the organisation might increase the capital employed, which is not an efficient way of creating wealth. Sometimes EVA might be blown out of proportion just to reflect a higher economic value whereas in reality it might be even lower than the risk free rate. Hence EVA can be considered to be a measure of monetary performance and not an overall way of assessing performance of an organisation. Bibliography Arnold ,G. (2007) Essentials of corporate financial management, Financial Times: Prentice Hall Broadbent, M. And Cullen, J. (2003) Managing Financial Resources, 3rd ed., Butterworth-Heinemann Cobbold, I. and Lawrie, G. (2002). Classification of Balanced Scorecards based on their effectiveness as strategic control or management control tools, Performance Measurement Association Davies and David B. (2005) Managing financial information, 2nd ed., Chartered Institute of Personnel and Development Gowthorpe, Catherine (2005) Business accounting and finance for non-specialists, 2nd ed., Thomson Learning. Kaplan R S and Norton D P (1996) Using the balanced scorecard as a strategic management system, Harvard Business Review Jan Feb pp75-85. McLaney, E. J. (2006) Business finance: theory and practice, 7th ed., Financial Times: Prentice Hall Ward, Keith (1996) Strategic management accounting: Using finance for strategic advantage, Kogan Page

Evangelizing With Western Christian Music - 924 Words

Evangelizing with Western Christian Music When does evangelization through Western Christian music provide the exact opposite of evangelization among indigenous cultures? Robin P. Harris, James R. Krabill, and Vida Chenoweth provide arguments based on the concept that Christian missionaries cannot fully preach the gospel through the utilization of Western Christian scriptural songs. While all three individuals provide logical arguments, I, under the acquirement of my viewpoint on the unspoken power of music on individuals, disagree with their sentiments. First, we need to clearly constitute a definition of â€Å"universal† that makes it universal among all individuals. In the context of universal music, the music should be, according to Harris, â€Å"understood in their historical and cultural contexts to be interpreted correctly† (Krabill, 6). In this way, Christian missionaries can fully understand certain cultural implications on music that can, in effect, prevent th e unwanted force of shoving the liturgy within the blaring sound of the organ, an instrument not familiar and, frankly, not preferred by indigenous societies beyond the Western groups. But what indicated that music defines a universal language initial to Harris’ viewpoint? Henry Wadsworth Longfellow, a famous writer during the early nineteenth century, created this term and clearly inspired the Western musical society to adopt the term as poetical accuracy of what music represents. To this day, ask any individual ifShow MoreRelatedEssay on Religious Justifications of Slavery in the Caribbean3525 Words   |  15 Pagesthe nineteenth century Christian churches of the Caribbean Islands created a racial distinction between humans which determined who could and who could not be granted eternal life through the Christian faith. This concept of race was based on the belief that Africans were intellectually unable to make an educated decision regarding personal religion. Planters su pported this discrimination against their workers because then they did not have to be cruel to fellow Christians. Two kinds of ChristianityRead MoreChallenges of Youths in Our Contemporary World4314 Words   |  18 Pagesvigour, good health etc. These features should be channeled towards the propagation of the gospel. Let the children come to me, do not hinder them, for such belongs the kingdom of God (Lk. 18:16). In the church, the youths have the responsibility of evangelizing. It is their duty to witness Christ to their peers and to the remotest areas where Christ has not been preached. Anthony Aja, quoting the Holy Father, Pope John Paul II wrote: â€Å"The Church needs your energies, your enthusiasm; your youthful ideasRead MoreCulture and Religion8004 Words   |  33 Pagesproduct of a meeting of faith and culture. In this sense, Christian tradition can be viewed as a complex that is made up of particular and local traditions resulting from the encounters of Christianity with wide variety of peoples, cultures, philosophies, and thought patterns. Although religion is not submerged into a culture, it is closely linked to it and cannot exist without it being expressed within a particular cultural context. Christian Faith is received, lived, expressed and transmitted onRead MoreHistory of the Philippine Educational System6007 Words   |  25 PagesSpanish Period The educational system of the Philippines during the Spanish times was formal. The Religious congregations paved the way in establishing schools from the primary level to the tertiary level of education. The schools focused on the Christian Doctrines. There was a separate school for boys and girls. The wealthy Filipinos or the Ilustrados were accommodated in the schools. Colonial education brought more non-beneficial effects to the Filipinos. Educational Decree 1863 The first

Marketing and Management for Pink Ribbon Raceday Gold Coast

Question: Discuss about the Marketing Management Red Ribbon Product. Answer: Product Core benefit Red ribbon product Benefit items always come through a code on the box matches the that product inside. Maximum of fakes don't have any code at all, so you know it's not genuine. If your producct does have a code on the box, check it matches up with the code on the products. If the products do not have a code, or their codes don't match the box, than it's fake. Have a close look at the box. Genuine items are always neat and well made. Fakes often come in shoddy, poorly made boxes. Look for exposed cardboard, gaps, poorly glued edges and mirrors that don't quite fit. If your item comes with a leaflet, read it thoroughly. A lot of fakes come with poorly printed, misspelt leaflets. Fake Realness sets often come with a leaflet saying RealMess of Concealness. Also, a lot of the time, what is written doesn't even make sense, because of poor translation! The fakes are usually made in China. If the product has a spelling error anywhere on it, leaflet OR box, it's not to be trusted. Define the products Clinique: face cleanser is a product of red ribbon. Clean starts here. Regardless of whether you're beginning off your morning with a new composition or removing your cosmetics toward the day's end, a facial chemical is an absolute necessity in any healthy skin regimen. Look at our wide determination cleaning equations from creams to froths and past for one that works for your skin sort and concerns Le petit masque: The pink Le Petit Masque fits smaller faces perfectly and can even do one more terrific thing help fight womens cancers. Darphin: Darphin moisturizers progressively strength and reeducate the skin, creating skin visibly more beautiful day by day. Awareness for Breast Cancer, pink ribbon approved many of fantastic beauty products for hair,makeup, skin, and many are launched to support and help investigation for deadly cancer Product Name Product Quantity Price of Products Face cleansers(Clinique) 100ml 9.45 face mask(le petit masque) 300ml $37.68 Moisturizers(Darphin,) 50ml $22.37 face brush(smash box) $20.00 lip gloss/plumper(bobby brown) 0.6ml $65.00 gel cushion(Olivia) $9.99 compact mirror(Fighter) $3.99 pink nail polish(Gelish) 0.9ml $18.96 Price The best pricing division for Pamper boxis the items associated to the division of client. The urban client is not equally regard perceptive as was represented few time lately. For best items, the clients are complex to dole available best expenses. A comparable number of Pamper boxitems have a position through the high particular thing gathering, the association predictable to continue a first rate assessing the course of action for individuals items. There are also sub category such as combo pack, and also offer such as silver plans for buying a combination of three products. The organization has reserved up its respect included valuing procedures for every one of its items. A part or tool of the products under Pamper boxhave items that deliberate the professional class zone of the whole inhabitants and the assessing plan for these items is workable consequently that the clients can do deprived of rather a bit of an extended bear the price of them (Bhasin, 2016). From time to time, to enter another range of the marketplace, the organization has obtainable plans and discounts, particularly on introductory items. This stimulates the prompts minimization and expenses an improvement in measures to figure achieving more wages. Through a specific true impartial to incursion a sensible congruity among costs and items, the association has identify how to extend its units of Stock retaining, as it will support in making a modified over the evaluating approaches. Evaluation and control The evaluation undertaking of amarketing arrangement thinks on breaking down subjective and quantitative capacities related through the methodology and usage. Measureable measurements are individuals to that numbers can be connected, for instance, the measures of proposals clients and lead developed to, and dollar calculations accomplished. Particular components include consumer measures loyalty. Measuring the promoting preparation implies enchanting a look at the looking and information at anyway of if the organization proficient its process destinations from the execution stage. If it did, the means could be repeated for upcoming achievement. If not, alterations can be complete to enhance results and execution (Grunert, 2017). Fundamental Controls are for the evaluation step. Controls built up among the manufacture of the promoting arrangement give standards to evaluating how the planning satisfied its goals. Controls look like objectives; they provide the organization few thing go for however authorizing the procedure. Controls may include measures, for example, the advertising expenses piece and plans of the pie. Profits, sales, strategic considerations and efficiency used for comparing and measuring consequences, four tools or types of control related to marketing. All type or tool of control, the equal process is applied, like measuring real performance, setting values, comparing real performance through values and taking helpful, active activities, if required. The four tools or types of control of marketing are control of annual strategy, productivity control, control of efficiency, and strategy control. Annul strategies are set for several activities. Every strategy includes setting objects, assigning resources, essential time limit, and rules formulating, procedures and policies. Annual strategy control relays to sales. Annually the definite consequences are compared and measured through standards to evaluator whether annual strategies are being achie ved. Contingent upon the level of contrast between the arranged and the real outcomes, causes are recognized, and appropriate remedial activities are embraced (Jaideep, 2017). Along these lines, it contains checking progressing execution against yearly arrangement and making a restorative move. The financial control comprises of assessing deals and deals to cost proportions in connection to the general monetary structure. It implies net benefits, net deals, resources, and costs are considered to discover rate return on aggregate resources and rate of profit for total assets. Efficiency control, mainly, concerns through measuring expenses efficiency. While effectiveness control discloses the relative dissimilar entities like channels, products, territories, etc. revenues a company is income, efficiency control displays the improving efficiency ways of several entities of marketing like distribution, sales promotion, advertising, sales force and so forth. The base of practising contro l over advertising exercises is the profitability. Certain profitability and costs related benchmarks are contrasted and set through real profitability come about through discovering how far organisation is accomplishing profits. Profitability control calls for measuring the profitability of different items, client gatherings channels, arrange an estimate, domains. It gives vital data to administration to decide if items, regions or channels, ought to be diminished or extended through dispensed. Strategy control proposes a basic survey of general advertising viability in connection to wide and long haul destinations and company's reaction to showcasing condition. It manages surveying association's capacity to accomplish and characterise showcasing reaction and objectives, an example of the condition. Typically, key control checks organisation's long haul execution concerning the nearby contenders. Here, the whole promoting framework is checked on to judge the general quality of the company and its shortcomings. References Bhasin, H. (2016). Marketing mix of Loreal Loreal marketing mix.Marketing 91. Retrieved from https://www.marketing91.com/marketing-mix-loreal/ Grunert, J. (2017). Why Are Implementation, Evaluation Control of the Marketing Plan Necessary?.Chron. Retrieved from https://smallbusiness.chron.com/implementation-evaluation-control-marketing-plan-necessary-75170.html Jaideep, S. (2017). Top 4 Methods of Marketing Control.Marketing Control. Retrieved from https://www.yourarticlelibrary.com/marketing/marketing-control-top-4-methods-of-marketing-control/48751/