Saturday, January 25, 2020

Analyzing the Performance of Benedon Limited Company Essay -- Benedon

Analyzing the Performance of Benedon Limited Company I am writing a report to analyse the performance of Benedon Limited Company and to compare with the industry as a whole. The report analyses company and industry performance over the three years up to at end of 20X3. â€Å"It enables us to discover favourable or unfavourable trends that are developing gradually over time, as well as pointing up any numbers that have changed sharply in the space of time of just one year.† (Sytsma, S.) This report reviews the findings of the major changes and the awareness of weak performances. However, there are five principal types of ratios which are profitability ratios, liquidity ratios, activity ratios, solvency ratios and investment ratios. Under profitability, competitive pressure has risen in 20X3 compared to 20X1 and 20X2 as a result of Return on Capital Employed (ROCE) fell in year 20X3 from 19% to 14.7%, however, the ROCE in the year 20X3 is better than year 20X1 which had 13.2%. Gross margin (GM) could not be increased and falls substantially throughout the years as percentage of sales from 43.8% to 36.6% even though distribution and administration expenses have lowered every year. Therefore, it could not reflect the operating margin (OM) which has decreased in year 20X3. The average operating margin figures of Industrial Average (IA) and in year 20X2 were 16.0% but there is only 13% in year 20X3. In addition, ROCE in year 20X3 is much lower than the Industri...

Friday, January 17, 2020

Crime and Prostitution Essay

Prostitution is known as the oldest profession in the world, however, many states in the U.S. outlaw it. The textbook definition of prostitution is the â€Å"act or practice of engaging in sexual acts for money† (â€Å"Prostitution,† Macmillan 805). Nevada is the first in the United States to legalize prostitution. Although the long term effects of legalized prostitution is uncertain, the short term effects have been economically beneficial. Prostitution should be legalized because not only could it financially benefit the country, but it could also reduce crime. There are many reasons why prostitution is illegal in 49 U.S. states today. First, and foremost, many people feel that prostitution should stay illegal in order to preserve morality. Parents do not want their children to grow up thinking that prostitution is acceptable. Worse yet, parents do not want to hear their children say, â€Å"When I grow up, I want to be a prostitute.† Christianity also looks down upon prostitution because according to their beliefs, the act of sex is only to be done when a man and a women are in love and married. Monogamy is to be practiced in the marriage, and any violation of this is considered a sin. Another reason why the preservation of morality is so important is that people’s morals shape the future of a nation. Many people feel that if prostitution is legalized, then its long term effects would be detrimental to the.

Thursday, January 9, 2020

Neocolonialism the Relationship Between Superpowers and...

Using examples assess the view that the relationship between superpowers and the developing world is a neo colonial one. (15) The dominating capitalist ideology from superpowers has led to extreme inequalities between core and peripheral nations, which has resulted in an unstable relationship with the developing world. Neocolonialism is a geopolitical practice in which a superpower perpetuates its economic and political hegemony on underdeveloped nations. This indirect and ‘disguised’ Imperialism has continued in variable degrees between colonial powers and peripheral regions including Asia, Africa, the Caribbean and Latin America. According to Dr Alice Lyman Miller, a superpower is: â€Å"a country with the capacity to project dominating†¦show more content†¦Two hundred giant corporations dominate the world’s economic activity such as General Motors being larger than Denmark amp; Ford is bigger than South Africa [economically]. Pilger travelled to Indonesia to examine the discrimination he believes globalization causes, where high street brand Nike is mass-produced by cheap labour in ‘sweatshops’. Foreign Direct Investment in low-tech manufacturing areas mean big profits for TNC’s, resulting in Superpowers approving of the advantages the developing world brings. In contrast, the developing world doesn’t have a good relationship with superpowers, due to the injustice of exploitation and poverty. This high mass consumption from superpowers correlates with the modernization theory, in that consumerism is increasing among wealthier countries. In contrast to this argument, is the idea of ‘paternalistic neocolonialism’, some people of colonial countries believes culturally and ideologically that the relationship between superpowers and developing nations is beneficial in the long-term. Emerging superpower China has delegated with the Democratic Republic of Congo in that Chinese multinational corporations will only receive copper ore if Chinese firms provide infrastructural services to the D.R. of Congo. Hence this relationship becomes more balanced in that the developing nation receives payment for its valuable resources, catalyzing industrial development. ThisShow MoreRelatedBarack Obama s President Of The Free World2269 Words   |  10 Pageselected in 2008 his supporters had many high expectations. Here was a man who had just became the first man of color to be elected President of the United States of America, the most powerful nation in the face of the planet and the leader of the free world. Taking on th is role was no easy feat as though Obama had inherited the greatest recession the United States had experienced since the Great Depression of the 1930s, millions of Americans were losing their homes. Occupied with this domestic crisis