The Skills And Qualities Of An Entrepreneur Business Essay

The Skills And Qualities Of An Entrepreneur Business Essay It might be easier to think about the new ideas and might also be easier to develop a business based on the ideas. But it is not easy to take action day in day out continuously when the results were not going in your way. However its proven that often successful entrepreneur displays high level of persistence and commitment. Its what count. Goal Oriented: Entrepreneurs love to set goals and will be satisfied once they reach it. Normal human beings have tendency to find satisfaction in their accomplishments. However they write down the goals and check them daily and review them regularly until they achieve their goals. Decision Making: Ability to make a correct decision is a core skill of an Entrepreneur if they want to be a successful. They make sound decisions where they want to go in to from the experience they have. Decisions include how to proceed with marketing, funding, product production , vendor selection and bunch of other decisions to be made. The key is to be critical and learn from the mistakes rather than avoiding taking decisions. People skills: No matter what kind of business they are in, they are in people business. Even they are in Hair dressing business its the people who decide to use ones services over the competitors. So they should be ready deal with the people. This is the skill every successful entrepreneur has. In business world dealing with dealers, vendors, customers, investors, the press or the employees will make difference between success and failure. Ethics and morals: Ethics and morals are the foundation for very good qualities of entrepreneur. Every entrepreneur must decide what their business stands for and should not stray from their path. Some entrepreneur will shut their doors because money outshines their morals and what they stand for and it will create a bad name for their business. Time Management: Every minute is valuable. This cannot be emphasized enough. This is essential for an entrepreneur to do effective business. Every available should be utilized effectively by learning new skills rather than wasting it. Sales: As an entrepreneur they should figure out what kind of sales they prefer and what product services they offer. If the entrepreneur worked before in retail sales or advertising they have the edge over the others. All entrepreneur will benefit from sales seminar and motivational programs. Introduction about the entrepreneur that I interviewed: Mr.Vasan founder of VDMIE Pvt.Ltd. Graduated as a Computer Engineer from IIT Madras in the year 2006. Like any other people he doesnt want to work for a company, he wanted to do something different from normal. He wanted to make a change in the society by helping people in the form of providing job for them. Hence he started his own company. His first business was creating Smileys and Emoticons for different websites. He named it as Humecons (http://www.humecons.com/HomePage.aspx). He did this business as part time. He knew this business will eventually wont give much of a profit. Soon he started his second venture business called virtual makeover. This business is all about virtually dressing you up through online and you can see yourself whether that particular dress or hair style or even gold ornaments and sun glasses too is suitable is to you or not(http://www.1000lookz.com/). The idea is very simple and the toughest part is making that idea in to reality. He did this with ease. First he started writing codes for different companies who wants too put up their products online for virtual makeup for the end user. As the time went by and also due to the sudden rise of Apple and Android based smart phones made his business more profitable than ever before, reaching more and more users every day. The expected revenue for the year 2011 -2012 is 200,000 USD which is phenomenal for the 3 year old business. His skills and qualities: Persistence: His first business wasnt profitable but he didnt give up easily, he did hang in there thinking new ideas, tweaking his thinking process. Hence he came up with the new business ideas which were an instant success. He attained the outcome for the hard work that he put in during difficult times. He persisted with commitment. Goal Oriented: He set goals for the future, and he knows what he wants to do for the next 5 years. According to that he hired new people for his organization. Due to this quality of his he attained results in terms of profit. If there is no goal he couldnt have achieved this success easily. Decision making: He made lot of decisions which was the difference between success and the failure. He decided to go for cost effective method rather than expensive method. His organization is small with 16 employees but the work they are doing is very big process and they cover huge customer base through different platforms. So due to his decision making skills they are making good profits. People skills: In his line of business the difference between success and failure is how you deal with different people. He is doing well in terms of people skills, because he managed to get the contract with the mobile giants like Google and Apple and different other private vendors. This was made possible because of the quality of his product and usability across different kind of people in different geographical locations. Ethics and morals: He stood for the quality of product rather than any product which gives him the money. For him money comes second, he stood by his morals and ethics till now which was the good sign for a successful entrepreneur. He wants to do good service and product offering rather than false promise. He maintained to do that part well. Time management: Time management is crucial for any kind of business. There are lot of people depend upon the product of yours, if the product is not delivered in time business will get affected. He planned everything in such a way that there wont be a delay in his product completion and distribution. This is also one of his qualities which were crucial for his business. Calculated risk taker: He is not a gambler but then he did take lot of risks but it was well thought and calculated rather than reckless which helped throughout his business career. He went in to software programming business which was well occupied at that time he entered in this business, but he was so sure his product will be preferred among the competitors. Cautiotly optimistic: Every entrepreneur dont have negative frame of mind. He always expected the unexpected and waiting optimistically for his time and he did manage to do well and he got the results after the strings of failure. It is not easy to compete in a market where competition is fierce. His quality of being optimistic made the difference for him. Finance: One of the important parts of business is financing it. He financed his business by doing part time high end consulting job for companies in America. He didnt depend upon investors and bankers for the source of money. Hence he is free from any debts. What did I learn from this interview? I learnt few things from this interview which will come in handy in future when I start my own business. They are How to start a business How to sustain the business How to start a business? I learnt that answer to these questions cannot be explained in a single word. Its a lifelong process and you need commitment and patience and also should be ready for a heart break. Should know what am I doing: Am I going to start a new business or start a business which is already existing, shall I buy into a business or join multi-level marketing or I could go with something I love or something which will make money. There are so many options out there and it is not easy to decide which way to go. But I feel I should do a business which I love because it will give self-satisfaction. 2. What are the things that I need to start business: After deciding what business to go in one has to find out do I have necessary skills, say if one wants to do catering service one should have a good cook, if I want to start a online business I should know basic HTML. I should make a list about what business needs and what I need to achieve success. Then I have to check do I have knowledge and skills if not have to find a way to get it. 3. Financial constraints: This is the basic question where every entrepreneur will ask themselves when they start a business. This will impact a business at start. Say for example if I want to start a restaurant business but I have only 2000$ and couldnt find investors or cant get a bank loan then I have to rethink my entrepreneurship ambitions until financial situation improves. To find out about how much money needed to start a business one has to do complete and honest market research before they start a business and also come up with strong business plan. 4. How much money will I make? The revenue depends upon so many factors and it is really hard to find. Because the estimation often varies and I can ever know until I try it. But having some kind of idea will motivate me to work. So it is recommended to have a high estimate to achieve greatness. 5. Exit Strategy: Having a exit strategy doesnt mean that giving up. It is all about planning and one should know when to say good bye. Exit strategy should tie with objective of the business. One has to decide between selling the company for a sizeable sum or start a new business. Those who dont have exit strategy will struggle to meet the goals that they set for their business. A realistic exit strategy is crucial part of the business plan. How to sustain the business: By maintaining the positive cash flow: This can be done through various safety measures and proper budgeting and also finding out only necessary resources rather buying resources and wasting it. By having a competitive advantage: This can be done by introducing new technology in the business rather using the old time consuming process. First mover advantage: To sustain the business one has to diversify their business by moving to new location and gaining advantage there. Proper Advertising and Marketing: Advertising is one of the important piece of sustainable strategy, without that existence of the company wont reach the people. Hence proper care should be taken to ensure enough money is been divided for marketing and advertising alone. I conclude by saying that the person I interviewed is indeed an entrepreneur and doing legitimate business in Chennai, India. In the process I personally learned a lot about what business is all about and the part of an entrepreneur in it.

Essay --

Zyviare Melvin 12-11-13 5th block In class we have been learning about the death of Nelson Mandela. Apartheid? Have you ever wondered what that means, well if you haven’t I will tell you. It means a policy or system of segregation or discrimination on grounds of race. Nelson Mandela was famous for freeing the black majority in South Africa. He was a freedom fighter never giving into the oppressors. It was really bad in the 1960’s to have apartheid because that meant lots of violence was going on like fighting, it was good to have apartheid because some people just don’t like to be with people that they aren’t comfortable with. Nelson Mandela fought for the freedom of South America he never gave up on doing this because he felt like we should all be equal to each other. He did whatever it took to accomplish this goal if his. To me freedom means being equal to everyone that is around you. It means having all the same rights as someone no matter what their skin color is or what race they are. Nelson had his own definition of what freedom is that you should be very equal to everyone around you, you should have the same opportunities as everyone around you. A costume that my family shares with nelsons is being an African American, and also the meaning of family. So now I ask you what costumes does your family share with Nelson Mandela? The African National Congress is the current ruling party in Parliament of South Africa. Nelson Mandela was apart of this group. In 1993 Nelson Mandela shared the noble peace prize with the president he also had a son who died of aids this was a terrible time for his family. As you all know Nelson Mandela was a great man, who did amazing things when he was living. Like Barak Obama he was the very f... ...y great important person who inspired many people in this generation today. I didn’t know who Nelson Mandela was until Ms. Mingo made us do a project on this and that helped me learn a whole lot about him, and his life and what he did for this country. Nelson was a great person he was not selfish at all because he cared more about others than he did himself, but when he got sick he didn’t want anyone to know because he dint want them to get hurt with this information at such a wonderful time. Nelson really made a difference in my life and I wish that I could have met him so that I could know a lot more about him and what all he did in his life. It was pretty rough back then because there was a lot of racism going on and that was really terrible because that meant no one got alone with each other. That meant that I wouldn’t have most of my friends that I have now.

Recollecting One’s Childhood Memory

Childhood is the most innocent time of someone's life. With the passage of time, childhood fades into adolescence and then adulthood, yet the sweet memories of childhood linger on. My childhood recollections are those of a carefree life, nurtured with love and concern. I was the baby of the family with only one older sister. I don't remember much from when I was little, but I have a few memories that have stuck with me throughout the years. My family lived in a one story, barn red house on 9th street.Two houses down the road lived my best friends' grandmother who babysat her almost every weekend; two houses up the road lived my sisters' best friend, her two younger brothers, and across the street lived our other two friends. All of us would hangout every afternoon before dinner. In my mind nothing could go wrong, we were children who went to school, played and slept. I was in preschool at the time and one day I went to school and found out that my teachers' cat had kittens and if my parents said it was okay, I was able to take one home.That night I asked my mother if I could bring one home, and she said when they were big enough, I could pick one out and bring it home. My favorite kitten was mostly gray with some calico spots, and I was able to take her home. I named her Call. I was so excited that I had my very own cat! I couldn't wait to see her grow up. When I first took her home she was an inside cat only, but when she got bigger she was aloud outside. One day after school my sister and I went across the street to play with our friends and Call allowed, she loved to follow me around and play with me.While she was crossing the road, a car came and Instead of slowing down, they sped up and hit my cat In front of my sister and me. I was heartbroken and started bawling. My parents heard our screams and ran outside and across the street. My father picked me up and carried me home covering my eyes as we passed Call. When my sister and I calmed down my dad went an d got Call, dug a hole next to our rose bush, and burled her. From that day on I never understood how people could be cruel to animals.I love all animals and my heart aches when I see a dead or hurt animal on the side of the road. This memory Is one of the few I remember from my childhood, I believe that this memory I have makes me love animals with my whole heart and subconsciously makes me treat my animals Like they are my children. My love for animals Is greater than the love I have for myself. Recollecting One's Childhood Memory By Camaraderie's spots, and I was able to take her home. I named her Call.I was so excited that I had school my sister and I went across the street to play with our friends and Call the road, a car came and instead of slowing down, they sped up and hit my cat in carried me home covering my eyes as we passed Call. When my sister and I calmed down my dad went and got Call, dug a hole next to our rose bush, and buried her. Road. This memory is one of the fe w I remember from my childhood, I believe that makes me treat my animals like they are my children. My love for animals is greater.

How does Edgar Allan Poe create atmosphere in “The Tell Tale Heart” Essay

This essay is about how Edgar Allan Poe created tension and atmosphere in his short story â€Å"the tell tale heart†. The Tell Tale Heart was written in the year 1843 by Edgar Allan Poe. Edgar Allan Poe was born to a Scots-Irish family in Boston, Massachusetts, on January 19, 1809, the son of actress Elizabeth Arnold Hopkins Poe and actor David Poe. His later life was over-shadowed by financial and mental problems and periodic drunkenness, and he was temporarily disinherited by his foster father, but this could have influenced many of his short stories and poems, some of the short stories and poems he is most famous for are: â€Å"The Tell-Tale Heart,† â€Å"The Pit and the Pendulum,† â€Å"The Fall of the House of Usher,† â€Å"The Gold Bug,† â€Å"The Black Cat,† â€Å"The Raven† and â€Å"Annabel Lee.†. On October 3, 1849, Poe was found on the streets of Baltimore, delirious and â€Å"in great distress, and†¦ in need of immediate assistance,† according to the man who found him. He was taken to the Washington College Hospital, where he died early on the morning of October 7. This was most distressing for people who were a fan of his work, but they knew that his work would still be read over a long time past his death. There was never a certain cause for his death but some of the suggestions to why he died were: alcohol, drugs, and other agents. Poe’s Tell Tale Heart is of the gothic and horror fiction genre; this means it is a story that is wrote to induce a pleasing terror on the reader. Gothic is a genre that many people enjoy to read, because people like the suspense and shock that is involved in a gothic story, it gives the reader a sense of insecurity, making sure that they think about what could happen. Its stories like this that class as a gothic genre. The Tell Tale Heart is most definitely of this genre because the suspense in the story is immense and there is much tension, in this essay I will try my very best to describe how Edgar Allan Poe does this. Tension plays a pivotal role in the short story, so Poe used all the techniques available to create this tension. These techniques are stylistic. He uses things like characterisation, setting and plot. In the following paragraphs I will explain all of these techniques. Poe’s â€Å"Tell Tale Heart† is set at night time in a house that sounds like an old gothic manor. At night the house is sealed off from light. This creates a dark, eerie feel to the story. Night time sybolises danger and evil; it sybolises this because vicious things like dangerous animals (e.g. wolves) strike at night and kill their prey, also mythical creatures such as vampires are more active at night, this creates a scary atmosphere to night time. A descriptions in â€Å"The Tell Tale Heart† that show its night time is: â€Å"His room was as black as pitch with the thick darkness.† This shows how dark it really was. It’s also as if the narrator can feel the dark, and has to push through it. This description of the dark paints a picture in your mind and it gives the effect of being in a silent room with no light and no escape. The effect of no escape is important because it’s as if the old man cannot escape. The main thing that triggers the narrators murderous tendency is the old mans eye. The old mans eye is described as the â€Å"Vulture Eye†. We do not know the relationship of the narrator to the old man; this adds tension because we do not know how the narrator knows this man and why he would want to kill him. There are some ideas of what the relationship is; my view on the relationship is that the narrator is a person who cares for the old man, due to poor vision. I get this impression because it says: â€Å"with a film over it†. It’s difficult to see through a film, so this denotes an impression of poor vision. He may have gone not expecting this â€Å"vulture eye† to begin haunting him. This eye is basically sending the narrator insane. The narrator’s obsession with the old man’s eye culminates in his own undoing as he is engulfed with internal conflict and his own transformation from confidence to guilt. The fixation on the old man’s vulture-like eye forces the narrator to concoct a plan to eliminate the old man. The narrator confesses the sole reason for killing the old man is his eye: â€Å"Whenever it fell upon me, my blood ran cold; and so by degrees – very gradually – I made up my mind to rid myself of the eye for ever†. The narrator begins his tale of betrayal by trying to convince us (the reader) he is not insane, but we quickly surmise the narrator indeed is out of control. The fact that the old man’s eye is the only motivation to murder proves the narrator is so mentally unstable that he must search for justification to kill. In his mind, he rationalises murder with his own unreasonable fear of the eye. Another reason this adds tension is because the narrator wrestles with conflicting feelings of responsibility to the old man and feelings of ridding his life of the man’s â€Å"Evil Eye†. Although afflicted with overriding fear and derangement, the narrator still acts with quasi-allegiance toward the old man; however, his kindness may stem more from protecting himself from suspicion of watching the old man every night than from genuine compassion for the old man. The narrator shows his contrariety when he confesses he loves the old man, but he is still too overwhelmed by the pale blue eye to restrain himself from the all-consuming desire to eliminate the eye. His struggle is evident as he waits to kill the old man in his sleep so that he won’t have to face the old man when he kills him; but on the other hand, the narrator can’t justify the killing unless the vulture eye was open. The narrator is finally able to kill the man because â€Å"I saw it with perfect distinctness – all a dull blue, with a hideous veil over it that chilled the very marrow in my bones; but I could see nothing else of the old man’s face or person: for I had directed the ray as if by instinct, precisely upon the damned spot†. This creates tension because all of the conflicting emotions make us think â€Å"will he do it†. It really keeps us in suspense and we are desperate to find out what he does. The story hooks us in and makes us read the whole thing. We know that the man is insane but we do not know if he regains his mental stability until he actually kills the man nearing the end of the story. But still then we cannot be certain he is insane until the very end, I will explain this further in the next paragraph. It is said that a neighbour had heard a shriek and that â€Å"suspicion of foul play had been aroused†. The narrator is very confident and does not seem to be vexed by the murder he had just acted out. The narrator’s language show his confidence and audacity, even pride, in his kill: â€Å"Never before that night had I felt the extent of my own powers – of my sagacity. I could scarcely contain my feelings of triumph†. The narrator’s assurance in his dark deed continued even when the police came to check on the old man and investigate the loud noises neighbours heard the night; â€Å"I smiled,-for what had I to fear? I bade the gentlemen welcome†. He is very polite and confident. He is also very persuading, it’s almost as if he is sound of mind. He manages to persuade the men that the old man is somewhere else in the country. He invited them around and even showed them his treasures to show that nothing had been disturbed. He even had the audacity to get some chairs and tell the men to rest in the old mans chamber whilst the whole time the old man was dismembered beneath the floor boards. However, the narrator’s mind is quickly consumed with guilt, which creates his delusion of hearing the old man’s heartbeat taunting him from under the flooring. His paranoia makes the heart beat â€Å"louder – louder – louder!† and in his state of delirium he confesses to killing the old man in hopes of ridding his life of the menacing heartbeat: â€Å"I felt that I must scream or die!†. His guilt reached his imagination which then went on to make him hear things that wasn’t real, his conscience was putting an image into his head that this old man who he had no quarrel with was going to haunt him because he killed the man for no justifiable reason. He ends up driving himself even more insane and confesses. The story ends with his shrieking â€Å"I admit the deed! – tear up the planks! – hear, hear – it is the beating of the hideous heart† The most dramatic way of which tension is created is through plot and character. As shown already the plot is very sinister. But the characterisation is very good. The plot evolves around the killing of someone who is obviously vulnerable. With the poor vision, old age and treasures he is obviously a very vulnerable man, he has no safety apart from the narrator who is going to kill him, so he has no safety. This adds tension to the story because we want to know if the narrator will show this compassion he has for the old man, or murder him regardless. We know the narrator loves the old man because he says: â€Å"I loved the old man. He had never wronged me. He had never given me insult.† The narrator loved the old man, the narrator even admitted it, but he still had plans to kill him. The fact that the narrator chuckled at the fact that the old man was oblivious to his plans also showed the old mans vulnerability. The narrator also said that he did not have any problem with the old man, who he saw himself as vulnerable. But it was the eye that vexed him: â€Å"it was not the old man who vexed me but his evil eye†. It is the characterisation that leads to the biggest tension in the story. This is because the story is a confession, told in a first person narrative. The reader feels what the narrator feels. The punctuation and tone that Poe used in the story shows us that the narrator is hysterical and mad. But the schizophrenic tendency he shows at the end confirms his insanity. This adds a lot of tension because we see how evil he can be but how calm and friendly he can be a short time later. It makes us wonder what he will do next, his actions are very unpredictable, which also tells us he is insane. With this conflict within himself it really makes us wonder, this also makes the story exciting. In this section I will focus on the stylistic devices used by Edgar Allan Poe. Poe creates tension with the use of short, choppy sentences with active verbs signal tension. In a way mirroring the narrators racing heart. Long, meandering sentences filled with adjectives and adverbs imply a relaxed pace, so Poe rarely used long sentences in â€Å"The Tell Tale Heart†. Short sentences are vital whist writing a story with tension. An example of short sentences in â€Å"The Tell Tale Heart†: â€Å"There was no pulsation. He was stone dead.† This shows an urgency to make sure he was dead He could not risk the old man to be alive It adds tension because we do not know what he will do. Will he stab him more to make sure he is dead or will he just finish the deed and hide the body It leave us open to guessing. Poe also adds tension through the use of his punctuation. Poe heavily relies on the exclamation mark to show the narrators growing discomfort. The use of this exclamation mark shows us the tone that the narrator must be using. For example: â€Å"But the beating grew louder! I thought the heart must have burst. And now a new anxiety seized me – the sound would be heard by a neighbour! The old mans hour had come!† This shows how panicked he was becoming. You could practically hear the panic. As of he is saying it in a high voice. It has a sense of upset to it, the panic was upsetting him and he was worried that other people could hear it. It is clear that the narrator is becoming hysterical. As he does so, tension is added because his actions become even more unpredictable, will he panic and leave or will he dismiss it and kill the man anyway. Edgar Allan Poe uses a lot of repetition in this piece â€Å"Louder – louder – louder†. He does this a lot in this story; it adds tension, because it can add a variety of things. It can mean sinister planning â€Å"I proceeded – with what caution – with what foresight – with what dissimulation† There is a sinister planning I this, how should he proceed with his plan, with what caution, with what foresight etc. Repetition can also show panic â€Å"Louder – louder – louder† he is beginning to panic about the beating of the â€Å"hideous heart† He can hear it and he is worried that the police can also hear it so he begins to panic, this leads to his confession. In the last paragraph it was probably noticed that I used dashes (-) in the repetition. This is because Edgar Allan Poe used them at two very important scenes. The first time he consistently used them was when he was stalking the old man: â€Å"I proceeded – with what caution – with what foresight – with what dissimulation† He is stalking the old man and is planning how to kill him, he is trying to figure out how he should follow the old man as he is doing it, the dashes indicate a pause as he plans his next step. The second time he uses them is just before he confesses the murder, and can hear the heart beating â€Å"Louder – louder – louder†. The man is obviously panicked. This adds tension because we don’t know what he will do because he is so unpredictable. It adds a lot of tension, because we want to know what happens and we are waiting to fid out. Finally I will conclude with if I think the story was effective or not. I have described in the essay numerous techniques to why it is effective. I must say that I agree with all of them. I think the plot is engrossing and it really hooks you and you want to know what happens. The characterisation is excellent and the mystery of the sex of the narrator (who I have referred to as a he) adds tension because it’s hard to think of a woman committing such an act, but it is possible because the narrator confessed to loving the old man. The old mans eye, it is possible to picture it and I find it chilling to think about, but I find it even more chilling to think that someone would kill over it. The setting is marvellous, an old house, sealed off from all light, its chilling and scary making me feel lucky to live where I do, in the light. I also think that all the punctuation that Edgar Allen Poe used was used at an appropriate time and was an asset to the piece as a whole. The punctuation shows how clever the killer is and how cunning and sinister he is. But it also shows how panicked he can get. The start of the piece was also very good, because it began in the end, when he is where I can only assume, a mental institution. Where he is telling his story. In all it is a very good and very effective piece of writing.

Gearing and Capital Structure

The profit & loss statement of Biro Co is given below: Revenue 15,000 Cost of Sales (3,000) Gross profit 12,000 Expenses (2,500) Profit before interest & tax 9,500 Interest (2,200) Tax (1,300) Net Profit 6,000If 15% Expenses & 50% Cost of sales are variable costs. What is the operational gearing of Biro Co. nearest two decimal places using (Contribution à · PBIT)? (FIB)95256604000(2 marks)Q2. Hutt Co. has a debt of $200m with equity of $400m. The new investors are confused on the gearing level of Hutt Co. If the investors use debt to debt plus equity method which stage of gearing level is Hutt Co at? (MCQ)UngearedNormal GearedHighly GearedLow Geared(2 marks)Q3. What will be the effect on the financial risk of a company if the interest covers are as follows? (HA)Interest Cover is 6.5 times HIGH LOWInterest Cover is 3 times HIGH LOW(2 marks)Q4. The ordinary shares of a company have a face value of $0.3/share & are currently traded on the market for $5/share. The bonds have a face value of $100 and currently, trade at $110. The preference shares have a face value of $1 and currently, trade at 60 cents. What is the market value based gearing of the company, defined as prior charge capital/equity using the following information giving an answer to the nearest %? (FIB)$000 $000Equity Reserves 10,000 Ordinary Shares 4,200 14,200Non-current liabilities Bank loans 5,100 Bonds 3,500 Preference shares 6,000 14,600Current Liabilities Overdraft 2,000 Payables 3,200 5,20034,000-2032014541500(2 marks)Q5. Which of the following ratios relate to either Financial Risk or Business Risk? (HA)(Debt/Equity) Ãâ€" 100 FINANCIAL BUSINESS(PBIT/Interest) FINANCIAL BUSINESS(Fixed Cost/Variable Cost) FINANCIAL BUSINESS(2 marks)Q6. At 15th December 2011, a marketing agency declares an interim ordinary dividend of 9.3c/share and a final ordinary dividend of 10.2c/share. Assuming an ex-div share price of 612c, what is the dividend yield? (MCQ)1.52%1.67%3.19%3.74%(2 marks)Q7. A company has $205m assets and has liabilities of $70m. Current liabilities make up 20% of the total liabilities. The company has a profit after tax of $130 and the corporation tax in the market is 25%. The company has no interest paying loans. What is the return on capital employed? (MCQ)63%68%79%85%(2 marks)Q8. A group of shareholders was expecting an overall bad result for dividends but when the results were announced the results were not as bad as it was expected by the shareholders. This would probably have the following impact: (HA)Dividend Yield INCREASE UN-EFFECTED DECREASEPrice/ Earnings ratio INCREASE UN-EFFECTED DECREASE (2 marks)Q9. Warden Co. has a current share price of $8.5/share which was previously $4.7/share. The company paid a dividend of $2.6/share. What return would the shareholders likely to be given on their investment? (FIB)400055461000(2 marks)Q10. Which of the following statement relates to the ratios given below? (P&D)It provides a basic measure of the company performance This is the basic measure of a company's performance from an ordinary shareholder's point of view An indication of the effect on shareholders wealth RETURN OF SHAREHOLDERS PRICE/EARNINGS RATIO EARNINGS PER SHARE(2 marks)GEARING AND CAPITAL STRUCTURE (ANSWERS)Q1. 1.38Cost of sales = 3,000 Ãâ€" 50% = 1,500Expenses = 2,500 Ãâ€" 15% = 375Total variable cost = 1,875Contribution = 15,000 – 1,875 = 13,125Operational Gearing = 13,125 à · 9,500 = 1.38 Q2. DGearing = [200 à · (400+200)] Ãâ€" 100 = 33.33%Ungeared (0%), Normal Geared (=50%), Highly Geared (>50%) & Low Geared (

North American Free Trade Agreement Research Paper

North American Free Trade Agreement - Research Paper Example The NAFTA agreement helped the three countries increased the amount of trade activity among themselves. â€Å"Trade between the NAFTA signatories tripled, from $297 billion in 1993 to $1 trillion in 2007† (Amadeo, 2011). One of the industries in the United States that benefited the most from the agreement was the farming industry due to the fact that Mexico used to have extremely high tariffs on agricultural products. Some of the crops that have increased in demand for exporting in the United States include beef, rice, soybeans and beans. The NAFTA agreement created the biggest free trade area in the world connecting three economies that generated over $17 trillion annually (Amadeo, 2011). The service industry received a major boost in demand since NAFTA was signed. Some of the industries that have benefited from the agreement are healthcare and financial services. The prices of food have reduced as a consequence of the NAFTA agreement. Another benefit that Canada and Mexico received from the agreement was an increase in foreign direct investment (FDI) from the United States. The volume of foreign direct investment has more than tripled since the inception of the agreement. Despite a lot of the advantages of NAFTA the agreement also had some negative aspects. In the United States the manufacturing industry was negatively impacted as job creation in manufacturing became stagnant. The cheaper Mexican labor became an attractive proposition for many American investors. The United States has one of the highest labor costs in the world. Another negative aspect of the agreement was movement of criminals across the borders. The drug trade and the cartels in Mexico gained power due to the facility of movement of people and drug across the borders. Some sectors of the agricultural economy of Mexico have been negatively impacted by the imports of vegetables and fruits from Canada and the United States. Many agricultural

Shot by Shot Analysis of Spielberg's Film Schindlers List Essay

Shot by Shot Analysis of Spielberg's Film Schindlers List - Essay Example The sub-sequence starts with the perceiving of the girl that wore a red coat. Oskar’s apathy towards the mistreatment of the humanity all around him in his quest for success and money, this sequence witnesses the liquidation of the Jewish ghetto by Oskar and his mistress the previous sequences tell of Oskar’s detachment and anger at the sight of him being exposed to the Jewish workers and their pathetic plight. Sequence 42 remarks a turning point for Oskar. This sequence begins his program as a savior. It is from this point, in the entire film, where the variation of the real events takes a new and desperate tone. Sequence 42, the final sequence of this series, shows the brutality by the SS to their desperate victims. It escalates to the introduction of the girl in a red coat who now becomes an exclusive entity in the whole film. Shot Breakdown This subsequence, called the Outside of Ghetto, begins after Oskar caught sight of R as she threaded her way through some unspe akable atrocities while she makes her way to the hiding stop finds, in the ghetto. Oskar tracks her and follows her as she made her way around some certain death situations. This sequence concludes when R finally made her way through violence and the crowd (Keneally and Nancy 30). Shot (1) 6 seconds: The camera located at a high angle is from Oskar’s horseback, which is on top of a hill. This distance and angle are to bring out the feeling of the vast distance and the helplessness. Left at the center frame is R, who transverses along the street on a straight line; the street itself is in a diagonal form. R moves from the bottom left end of the frame, and a building framed in the foreground obstructs her. She moves to the next obstruction that is in the other foreground building, which is on the right side of the screen (Zaillian and Thomas 15). She boxes her tiny body in a V shape effectively; this brings out the appearance of a building facade that is running parallel to the street. People fling to the walls by the SS and lineup on the wall at the SS, through suitcases carelessly on the street as cars pass. This shot has a medium gray scale and has an accompanying wet ground that brings out the overcast nature of the day. The background music is slow and is a procession of a choral children’s song that lends a trudging and forlorn quality to the tiny march (Zaillian and Thomas 18). Shot (2) eight seconds: The camera’s angle is a low angle of Oskar that forms a vector of his gaze; this should give the effect of showing how high he is above the sequence. The angle frames the character up against the sky and the gray scale used to give a contrast of the different worlds involved. The trees on the background are bare, and the sky is overcast. This informs the spectator that the day is not only wet but also cold, as well. Oskar has an intense look on his face. This happens when he struggles to get his mount into a strong position that will ena ble him to see R. The children’s chorus still heard, in the background, and there is the sound of the hooves and the neighing of the horses, but not above the sound of music. The sounds of the fracas can still be heard to provide some continuity among the shots (Keneally and Nancy 36). Shot (3) 21 sec: ELS is tracking R, while making her way right and left through trees, running soldiers, and G’