Wednesday, December 25, 2019

Prostitution Should Not Be Legalized An Opinion Essay

Prostitution has frequently been touted as the worlds oldest profession, for the simple fact that it has been prevalent in society for quite some time. In order to properly discuss the many social ramifications of this particular crime and possible ways for dealing with them, it is first necessary to define prostitution and to explore the reason why it is a crime. Prostitution is the exchange of money or monetary assets for sexual favors and pleasure. It is the paying for sex in all of its myriad facets, from conventional coitus to a number of lewd and arcane acts from which people derive pleasure. Prostitution is part of the sex industry, which includes legal business such as strip clubs (Weitzer 7). There are a couple of different reasons as to why exchanging money for sex is deemed illegal. One principle reason is that if it were legalized, it would be exceedingly difficult for the government to tax and to capitalize off it, which is one of the reasons in which marijuana is widely considered illegal. More importantly, however, prostitution is illegal because it promotes the objectification of women and their bodies, and inherently reduces the degree of parity between men and women in which the latter are viewed as things simply for the fulfillment of mens sexual desires. Additionally, there are a variety of noxious activities that accompany prostitution such as trafficking in which the will of another is subjected to someone elses. There are essentially twoShow MoreRelatedEssay on Legalization of Prostitution1607 Words   |  7 PagesThough illegal in the United States, prostitution is still a strongly prevalent crime happening all across the nation. Currently, a person participating in the crime of prostitution will be charged with a misdemeanor (Liberator 2). People every single day are being charged with a misdemeanor for this specific crime. Statistically, it may even seem like this crime is being caught more often than other, more extreme crimes. Prost itution is a strongly enforced crime that costs America large sums ofRead MoreRhetorical Analysis Of Enough Has It s Time We Decriminalize Prostitution 1131 Words   |  5 Pages A Rhetorical Analysis of â€Å"Enough Already, It’s Time We Decriminalize Prostitution† In â€Å"Enough Already, It’s Time We Decriminalize Prostitution† Patty Kelly persuades the readers that the American government should make the prostitution legal. She introduces the three reasons and the facts from both sides of decriminalization and criminalization towards prostitution to support her thesis. This essay was written and first published in the local newspaper of Los-Angles Times in 2008Read MoreAnalysis of Bells Opinion on Prostitution1609 Words   |  6 Pagesdetermine what they can do with their bodies (e.g. surrogate motherhood), they should also have the right to sell their sexual services if they freely choose to do so. Although sex work has always received a lot of criticism from the society that we live in but according to Bell (2009) rather than looking as sex work as degrading and unrespectable it should be treated as a work of any other kind. It is Bells (2009) opinion the sex work doesnt necessarily have to be harmful to the women. Bell (2009)Read MoreProstitution In Canada Essay1856 Words   |  8 Pagesprofession in the world†; this is how prostitution is often defined or referred to. However, the reality of prostitution in the 21st century is much more complex than it was before. With the emergence of nation-states and democracy, the question of the legal status of prostitution became an issue now more controversial than ever. In Canada, this question resurfaced in the last decade with the Bedford case, which eventually led to a change in laws pertaining to prostitution with Bill-36 in 2014. While theRead MoreShould Prostitution Be Legal1695 Words   |  7 Pagesthat prostitution will exist no matter what because men will always degrade women, and women, in turn, can do the same to men, even though these moral aspects are not connected with the legalization process, mostly depending on moral qualities of the society members, and not on a position on prostitution. Thus, the essay will try to prove wh y prostitution should not be legal with the help of analysis of the articles of the well-known scientists. While feminist theory represents prostitution as aRead MoreEffects Of Alcohol Consumption On Popular Recreational Soft Drugs1446 Words   |  6 Pagesconsumption and therefore should be decriminalised. When you hear the word drugs, what’s the first thing that comes to mind? A nightclub full of adolescents, hopped up on happy pills, raving until night turns to day, or going down to the liquor store to buy a bottle of wine with dinner? Decriminalising recreational soft drugs is something that cannot be taken lightly, and a decision that can have many negative, but also positive outcomes. My initial opinion, and evaluation of this essay prompt is quite aRead MoreLegalization of Prostitution: Womens Studies2102 Words   |  9 PagesLegalization of Prostitution The purpose of this paper is to focus on the vastly contentious issue of the legalization of prostitution. Within this subject I will consider both arguments for legalizing prostitution, as well as arguments against. My paper will begin with a brief summary of the appealing nature of the industry while considering the positives of the subject; including specific facts and studies that support the legalization of prostitution as beneficial. My paper will then continueRead MoreShould We Legalize Prostitution Essay2516 Words   |  11 PagesShould we legalize prostitution in the US? The laws regarding prostitution, often called â€Å"the oldest profession in the world†, have been facing changes for many years. They are multiple attitudes regarding prostitution and opinions on the connotation this word should have but the idea people have of sex worker is usually negative. On a legal matter sex work has been discussed many time and laws regarding this act varies around the world. Some countries found this act immoral and think that it shouldRead MoreSame Sex Marriage Should NOT Be Allowed Essay1218 Words   |  5 Pagesdue form of law, by which a free man and a free woman reciprocally engage to live with each other during their joint lives, in the union which ought to exist between husband and wife. Many liberals argue that gay marriage should be legal in the United States. In the following essay I will attempt to argue why marriage between the same sexes is immoral and unjust. The first point I will talk about is how marriage is a traditional bond between a man and a woman. In the bible; which contains most ofRead MoreWhy Are We Still Focused On Prochoice And Gay Rights?1602 Words   |  7 Pagesfatal punishable crime. Luckily today citizens such as homosexuals and women who abort babies are not getting punish such as death or jail time for making a personal lifestyle â€Å"choice†. Why are we still focusing on prochoice and gay rights? In this essay I will focus on prochoice today verse the nineteenth century and sexual orientation freedom past and present? In my arguments, I will answer ways nineteenth-to-early-twentieth century Europe represented, in science and culture, and sought to accommodate

Tuesday, December 17, 2019

Isp ( Internet Service Provider ) - 1628 Words

ISP ISP (Internet Service Provider) is an business such as Sky, BT or Talk talk that provides and installs a way to access the internet and this is directly connected with the clients that subscribe to these business by using copper wiring, wireless or by fiber-optic wire installation. Different businesses of the Internet Service Providers may be an Non- profit organization such as county councils or profit organizations like Virgin media. Web Hosting Services This allows people or organizations to make and design their own website on the internet. All web host companies provide space on servers that is owned or leased for use by the clients. As well as providing internet connections. This is what they call a Data Centre, web hosts also provide data spaces and connectivity for other services that are located in the Data Centre, and they may also maintain the day-to-day running of the website. Domain Structure a domain structure is a group of computers which maintains its own security and accounts management on a local level, for example the primary domain controller. All logins for local accounts are done within the domain, and it has its own servers for locally logged on users much like our local school network. Domain Name Registrars domain name registrar is an organization that manages the reservation of internet domain names. A domain name registrar must be authorized by a high-level domain registry agency. The management is done in accordance with the guidelinesShow MoreRelatedInternet Service Providers ( Isps )1823 Words   |  8 PagesInternet Service Providers Internet Service Providers (ISPs) is a term that refers to one of the many companies that provide your basic Internet services, including personal or business access to the Internet. For a monthly fee, the service provider usually provides a software package, username, password and access phone number. They will usually give you a basic modem, so you can then log on to the Internet and then browse the World Wide Web. Web hosting services Web hosting services is a typeRead MoreInternet Service Providers ( Isp )1041 Words   |  5 PagesWeb Architecture Service Providers (ISP) A organisation who allow its subscribers access to the internet. ISP stands for Internet Service Provider and refers to companies who provide Internet services, including personal and business access to the Internet. For a monthly fee, the service provider commonly provides a software package, username, password and access phone number. Examples of Service providers are Sky, BT and Virgin. Web Hosting Services Web hosting is the business of housing, servingRead MoreInternet Service Providers ( Isp )2613 Words   |  11 Pages Internet Service Providers (ISP) Definition: it refers to a company that provides Internet services, including personal and business access to the Internet and also to an email, usually for a monthly fee. You need to be connected to an internet service provider and once you have connected to one you will be connected to the internet, without an ISP you cannot connect to the internet. What is it? In order to browse the internet you must have access to an internet service provider, this will comeRead MoreInternet Service Provider ( Isp )2018 Words   |  9 Pages1.1 Web Architecture Internet Service Provider (ISP) This is a company/service which gives the client/user access to the internet. Companies like EE, Vodafone, and O2 etc. you can gain this internet access by either having a contract and pay monthly or using a pay as you go (PAYG) plan. The most popular ISP is British Telecoms (BT) and Sky Broadband. Web Hosting Services This is a service that gives a business/organization the ability to put their website on the internet and allow users to accessRead MoreInternet Service Providers ( Isp )2132 Words   |  9 PagesINTRODUCTION In this assignment I will talk about internet services, describe a few computing terms as HTTP, WWW and other, then I will talk about security and what could cause the trouble on your machine and then, I will put all of the useful links in bibliography. WEB ARCHITECTURE Internet Service Providers (ISP) To connect to the Internet, you need an ISP. It is the company that pay for each months to use the Internet. If you use a modem to connect to your ISP, (point-to-point protocol) connection is connecterRead MoreInternet Service Providers : Isp2766 Words   |  12 PagesWeb Architecture; Internet Service Providers – ISP’s formally known as Internet Service Providers, provide internet service for customers. Companies such as Sky and Virgin will provide people with service and access to the internet for fee which is normally paid monthly. ISP can connect you to internet service in multiple ways, one of them being through a phone line and Virgin for example normally sell this as a bundle so you can get internet service and a telephone service in the same deal andRead MoreA Brief Note On Internet Service Providers ( Isp )1766 Words   |  8 PagesREPORT (P1, M1, D1) ARCHITECTURE: Internet Service Providers (ISP): https://7labs.heypub.com/tips-tricks/download-speeds-explained.html An ISP (Internet Service Provider are typically large businesses which provide access to the Internet for their subscribed customers with monthly fees. They provide dial-up, cable, fibre optic or other types of Internet access. E.g. Sky, BT, Virgin Media and TalkTalk are examples of Internet Service Providers and broadband providers. - Talk about download speeds Read MoreChoosing an Internet Service Provider Essay692 Words   |  3 PagesChoosing an Internet Service Provider As the Internet becomes more popular, both in e-commerce and personal computer use, the need for Internet Service Providers (ISP’s) grows. With so many ISP’s now in operation, the choices for service are vast and the process of finding the right provider for your needs has become much more involved than when the Internet first became accessible to the public. The first step in choosing an ISP is to know what you need. Will you be using the Internet for businessRead MoreNet Neutrality Essay1160 Words   |  5 PagesINTRODUCTION The emergence of the Internet and the World Wide Web brought upon a medium of communication with a range of opportunities for the world. However, this medium is, in due course, subject to the control of a few major companies. The enigma of information flow is the central concern of net neutrality. Consumers, competition and network owners would benefit directly from the regulation of network neutrality because it would provide a positive impact to those parties as well as provide equalityRead More Internet Service Providers Essay1707 Words   |  7 PagesInternet Service Providers In todays ever increasingly technological world, the Internet plays a big role. Its hard to find someone that does not know what a web browser or web site is. People of all ages have access to a plethora of information, just by hooking their computer up to the phone line. However, like so many other technical services today, the Internet is not always free. In order for one to log on, they must have an Internet Service Provider (ISP). An ISP is simply an organization

Sunday, December 8, 2019

Financial Management Acquisition Of Mackay -Myassignmenthelp.Com

Question: Discuss About The Financial Management Acquisition Of Mackay? Answer: Introducation Financial analysis helps in the evaluation of the performance of the company with the help of its financial statements. It allows the management to make changes in their plans to ensure that the business grows consistently. The entire process is carried out by a financial analyst who uses different methods to assess the viability, profitability, solvency, liquidity and future potential. These methods include ratio analysis, cost of capital, comparative statements and share price movements (Brigham and Ehrhardt, 2013). It provides information about the past performance of the company to the stakeholders. They can use financial ratios and mathematical techniques to predict the future of the business. The management has to make sure that they increase the profitability of the business to make their shareholders satisfied. This objective can only be accomplished if they review the performance at regular intervals and make changes in it as per requirement (Grinblatt and Titman, 2016). The main stakeholders who are associated with the company are employees, investors, shareholders, creditors, government, suppliers and customers. The aim of this paper is to compare and contrast the performance and operations of Next and Mackay Stores Limited. Both the firms are related to clothing industry and they have been providing tough competition to each other. The annual reports of 2015 and 2016 have been taken into consideration for better evaluation and assessment. Furthermore, the report has been divided in different sections: introduction, financial analysis, cost of capital, calculation of price per share, impact of financial statements, share price movements and conclusion. It will help the management of Next to take decisions form strategies for the future of the company. Introduction and financial analysis of Next Plc Next is a multinational retailer which is based in England, UK. It has more than 700 stores which include Europe, Ireland, Asia and Middle East. The company was established in 1864 by Joseph Hepworth Son. But in 2014, Next became the largest retailer in clothing in UK due to its high sales and revenues. The company has been growing at a good pace but the level of competition has been rising in the industry which has affected its business to some extent (Next (2017a)). It is essential for the management to increase the productivity and efficiency of their operations to make it more competitive in the market. It will increase the brand imaged as well as profitability of the organization (Brooks, 2015). The Financial ratio classification for Next has been given below: Financial ratio classifications (Next) 2016 2015 Profitability Ratios Gross Profit Margin 34.78% 33.59% Net Profit Margin 15.96% 15.87% EBITDA Margin 23.59% 23.17% EBIT Margin 20.76% 20.30% Assets Management Ratios Assets Turnover 3.60 2.87 Return on Capital Employed (ROCE) 74.79% 58.19% Days of Sales Outstanding (DSO) 92 77 Days on Hand (DHO) 65 57 Creditors in Days 29 31 Liquidity Ratios Gearing 73% 76.9% Interest Cover Ratio 27.44 26.45 Current Ratio 1.40 1.82 Quick Ratio 0.99 1.35 Investors Relation Ratios Return on Equity (ROE) 2.781 2.523 Earnings per Share (EPS) 4.53 4.15 Dividend per Share (DPS) 1.51 1.38 Dividend Cover Ratio 1.17 1.46 P/E Ratio 8.568 Analysis of Next Plc Profitability Ratios: It can be seen from the Profitability Ratios that the profits of Next plc have increased from 2015. Their Gross profit, net profits, EBITDA and EBIT has increased to some extent which is a positive sign (Grinblatt and Titman, 2016). It shows that the company has reduced their cost and the demand of the products has increased. But they have to make sure that the rate of growth is high because as compared to last year the growth has been slow. It has been due to increased competition and changing market conditions. The trend shows that the profitability of the company will increase but slowly which has to be taken into consideration by the management. Assets Management Ratios: The Assets Management Ratios of Next has improved in 2016 as compared to 2015. It shows that their efficiency has increased and their overall cost has reduced. Their ROCE has increased from 58.1% to 74.7% in 2015 and 2016 respectively (Jordan, 2014). It means that the business has been using their capital efficiently. Their productivity has increased. Similarly, their asset turnover has improved to 3.6% from 2.8% in 2015. Apart from this, their activity ratio is only 29 days as compared to their days of outstanding sales and days on hand. It means that the company has been paying to their creditors in fewer days while they have been receiving money from their debtors in more days. It can affect their liquidity which can result in shortage of cash in near future. It can be seen in Appendix 1 and 2 that their liquidity ratios have declined from 2015. The profitability and investors relation ratio can be evaluated by Assets Management Ratios (Greenbaum, Thakor and Boot, 2015). Liquidity Ratios: The liquidity ratio of Next has declined in 2016 which is a concern for the management. Both current and quick ratio has reduced which means that the business may find difficulties in paying off their short term debts. But their interest coverage has improved from 26.45% in 2015 to 27.44% in 2016. Next Plc will have no problems in paying their interest on long term borrowings as they have ample of funds for it. But they have to focus on their short term payment obligations (Buchman, Harris and Liu, 2016). Investors Relation Ratios: The Investors Relation Ratios have also shown positive trend and slow growth which is beneficial for the investors and shareholders. The return on equity has improved from 2.5% in 2015 to 2.78% in 2016. The wealth of the shareholders has increased. The EPS as well as dividend per share has risen (Brooks, 2015). It has made the company more attractive for future investments. The PE ratio of the organization is 8.5 in 2016. The management should focus on increasing the PE ratio of the company. Introduction and financial analysis of Mackay Stores Limited Mackay Stores Limited was formed by McGeoch brothers in 1834. The company was initially started as a pawnshop but in 1953 it was changed to clothing stores. The headquarters of the company is in Inchinnan, Scotland. The management has been focusing on long term value creation and they have made changes in the organization accordingly (Bodie, 2013). The culture of the company is positive and they have been benefitted by the long staff residency and employee engagements. In 2005, it was also named as one of the best companies to work in due to its pay grades and healthy working environment. Mackay Stores Limited has more than 300 which include online stores as well. They have employed more than 3000 employees which consist of part timers. They are nearly up to 75% of the total workforce (Mackey (2017b)). Apart from this, most of their sales assistants are females. The company ensured that they clearly define their job gratification which has increased the satisfaction level of the work ers. 655 have given a positive score as they have not been spending too much of their personal time at work. The policies of the company have been successful which has helped them to increase their overall productivity and efficiency. They also have more than 2 million customers who possess loyalty cards of the company (Debenhams (2017a)). Both the firms Next and Mackay Stores Limited have been compared using similar ratio to find the difference between the operations and performance of both the companies. Financial ratio classifications (Mackey S. L.) 2016 2015 Profitability Ratios Gross Profit Margin 15.45% 13.91% Net Profit Margin -0.42% -2.11% EBITDA Margin 3.02% 1.60% EBIT Margin 0.44% -1.29% Assets Management Ratios Assets Turnover 3.21 2.99 Return on Capital Employed (ROCE) 1.42% -3.85% Days of Sales Outstanding (DSO) 2 3 Days on Hand (DHO) 60 62 Creditors in Days 15 14 Liquidity Ratios Gearing 37.6% 47.8% Interest Cover Ratio 0.67 -1.46 Current Ratio 3.01 2.95 Quick Ratio 1.44 1.43 Investors Relation Ratios Return on Equity (ROE) 0.023 -0.074 Earnings per Share (EPS) -1.39 -6.84 Dividend per Share (DPS) Dividend Cover Ratio P/E Ratio Analysis of Mackay Stores Limited Profitability Ratios: The gross profit ratio of Mackay Stores Limited has increased from 13.91% in 2015 to 15.4% in 2016. Similarly, their EBITDA and EBIT margin has also improved. It is a good sign that the revenues as well as profits of the firm has been improving. But their net profits are still negative which has been a major problem for the management (Bodie, 2013). Even though they have reduced their expenditures but still it requires more attention. They have been spending more on administration, selling, distribution, promotion and advertisements. It has to be controlled and changes have to be made in it for better performance of the firm in the future. Assets Management Ratios: The Assets Management Ratios of Mackay Stores Limited has shown slight growth. Their efficiency has increased which can be seen from the rise of Return on Capital Employed and Assets Turnover. It has helped them to become more profitable in 2016 as compared to 2015. But they have increased their debtors collection days while their creditors payment days have been reduced. It can have negative impacts on their liquidity and cash. The management should reduce their debtor collection period and the payment term period should be extended. It will provide better results to the organization in the long term (Gunawardena, 2015). In 2016, their Creditors in Days are 15 days and their Days of Sales Outstanding is 2 days. Liquidity Ratios: The Liquidity Ratios of Mackay Stores Limited was increasing, but their gearing ratio has decreased from 4.8% in 2015 to 37.6% in 2016. Apart from this, in 2016 their interest cover was negative but they have made significant improvements in it which has made it positive to 0.67%. It is still low as compared to other peers but they have been working on it. Both current and quick ratio is high which a good sign (Hoskin, Fizzell and Cherry, 2014). Mackay Stores Limited will not have any problems in paying off their short term liabilities and it will improve their solvency potion also in the long term. Low liquidity can create hurdles for the business because it does not allow them to take advantage of the opportunities in the market. Investors Relation Ratios: Mackay Stores Limited has been facing difficulties with their Investors Relation Ratio which has been very low. Their Return on Equity (ROE) was -0.074 in 2015 and it is 0.023 in 2016. Even though it is positive but it is very low which is a concern for the company. Similarly, their Earnings per Share (EPS) are -1.39. The other ratios such as Dividend per Share (DPS), Dividend Cover Ratio and P/E Ratio have not been calculated because of negative EPS in both the years i.e. 2015 and 2016. Financial ratio comparison with Competitors Financial ratios are useful for assessing the performance of the company as well as intra firm comparison. The ratios can be compared with other companys ratios as well as the industry average to find out where the firm stands (Grinblatt and Titman, 2016). It will allow Next Plc to discover their strengths and weaknesses. They can make changes to adapt to the chaining business environment and customers. The table below illustrates the comparison of Next with the other competitors in the market. The data for 2016 has been taken for all the companies. Companies ROE (In %) GP Margin (In %) NP Margin (In %) Quick Ratio Current Ratio ROCE (In %) M C 2.3% 15.45% -0.42% 1.44 3.01 1.42% Next 278.1% 34.78% 15.96% 0.99 1.40 74.79% Debenhams 9.89% 12.53% 3.67% 0.26 0.73 8% Marks Spencer 12.25% 39.11% 3.83% 0.28 0.69 9.04% The companies with the highest ratios have been highlighted in the table above. But it can be seen that Next is the most profitable business as compared to all other rivals. IT is because the ROE of Next Plc is 278.1 % which is highest. Apart from this, the company has been performing satisfactory but the management has to make changes in the liquidity of the firm as it is below average. Cost of Capital The Next Company has been using around 12 to 15% of discount which is given by the rule for the purpose of their budgeting and investment appraisals. The rebate rate for WACC is used for the calculation and valuation of future projects (Jordan, 2014). It includes both equity and debt funds. The assumption of this method is that risk is associated with all the projects which is evaluated on the basis of the activities performed by the organization. It is important to use higher discount rates for the projects which are more risky than others. According to the Dividend Yield Model the rate is 11.79% for the company. It has used due to the aggressive dividend policy followed by the Next. They have been using high WACC as per their DYM. Apart from this, in future their rate for minimum development and dividend payment is 10%. Therefore, the cost of equity is high for the firm because the investors have high expectations of dividend from the organization. The Ke for Next is 13.07% and WAC C should consider the discount rates as well as future cash flows in the calculation (Grinblatt and Titman, 2016). The lower yield of the company has put recourses on its share prices. It has significant impact on the share market price of the stock. As per the CAPM, the rate is very high i.e. 13.14% which indicates high risk in the firm. Furthermore, the policy of uncertain dividend has been adopted by the management. It has increased the payment of dividend to the shareholders in the last few years. This is the main reason why the DGMs WACC is lower than Next Companys CAPM. For both DGM and CAPM, Next Plc has been following conservative gearing policy. It has helped them to make use of low cost borrowings and in the management of cost of debts. They have been using bond markets to gather the funds for the development. Therefore, Next plc is recommended to use 13% discount rate for their investments. It has been deducted on the basis of their Cost of equity, Beta and WACC level (Ap pendix 3). Calculation of price per share payable by Next for purchase of Mackey The fundamental ways to calculate the value of the organization has been given below: Market multiples method can be used as it takes into account the cost of the organization (Brigham and Ehrhardt, 2013). Price sales ratio method can be used for the comparison of two different variables i.e. revenue and stock price. Discounted cash flow method computes the value on the basis of cash inflows and outflows in the future (Grinblatt and Titman, 2016). Asset based method compares the assets with the long term obligations of the organization for the purpose of computing the value of the firm. Price sales ratio method states that the price per share = Net assets/ Total no. of shares = 303754 / 495 = 61364 GBP Discounted cash flow method for the price per share will use discount rate of 2 and 7%. For 2% = 7783 / 495 = 1572 GBP For 7% = 15451 / 495 = 3121 GBP Asset based method for the price per share will be = Net assets/ Total no. of shares = 31682 / 495 = 64 GBP (Appendix 4) Impact of financial statements of Next the purchase of Mackey The purchase of Mackay Stores Limited will have minimal impact on the financial statements of Next Company (Appendix5). It can be seen that the size and market share of Next Company is much higher as compared to Mackay Stores Limited. It is highly depend on the size of the business obtained. But there will be few impacts on financial statement of the company which has been given below: ROCE and Assets Turnover will reduce due to the increase in long-term debts and leverage. It will be caused because of the by loan for which will be taken by them for obtaining it. The Gearing will also have impact due to the rise of long term borrowings and debts. Interest cover ratio will tend to decrease (Gamble and Thompson Jr, 2014). It is because the finance cost will get expended due to new borrowings. The goodwill of the company will increase significantly which will help the firm to improve their brand image in the market. Share price movements The share price of the firm can get affected due to many events which can be seen from the movement of the graph. Usually, more than 5 years are taken into account to understand the pattern of growth and for predicting future changes. But there are certain events which has caused some problems such as the incident of January where the share market dropped. Similarly, news can also have impacts of the share prices movements (Delen, Kuzey and Uyar, 2013). It can create problems in the entire stock market. But these crashes may not affect the long term value of the organization. The share of the Next Plc has dropped in 2016 due to problems in the economy of many countries. The expectations of the inventors have also increased. But Next has performed well in the recent few years which has helped the company to grow. Apart from this, the ratios of the company are far better than other rivals operating in the industry. Figure 1: Next plc share price movement Conclusion It can be concluded from the above report that Next Plc has been performing well in their business and they have been showing positive trend in the future also. But they have to make sure that the rate of growth is high because as compared to last year the growth has been slow. It has been due to increased competition and changing market conditions. The trend shows that the profitability of the company will increase but slowly which has to be taken into consideration by the management. References Bodie, Z., 2013. Investments. McGraw-Hill. Brigham, E.F. and Ehrhardt, M.C., 2013. Financial management: Theory practice. Cengage Learning. Brooks, R., 2015. Financial management: core concepts. Pearson. Buchman, T.A., Harris, P. and Liu, M., 2016. GAAP vs. IFRS Treatment of Leases and the Impact on Financial Ratios. Debenhams (2017a) Statement of Debenhams. Available at: https://www.google.com/finance?q=LON%3ADEBei=5QGWWLmNLcWCswHOr4No (Accessed 20 February 2017) Delen, D., Kuzey, C. and Uyar, A., 2013. Measuring firm performance using financial ratios: A decision tree approach. Expert Systems with Applications, 40(10), pp.3970-3983. Gamble, J.E. and Thompson Jr, A.A., 2014. Essentials of strategic management. Irwin Mcgraw-Hill. Greenbaum, S.I., Thakor, A.V. and Boot, A. eds., 2015. Contemporary financial intermediation. Academic Press. Grinblatt, M. and Titman, S., 2016. Financial markets corporate strategy. Grinblatt, M. and Titman, S., 2016. Financial markets corporate strategy. Gunawardena, M.M.D., Peiris, H.R.I., Wijesundera, A.A.V.I., Weerasinghe, D.A.S. and Krishna, T.P.C.R., 2015. Predictability of Stock Returns Using Financial Ratios Empirical Evidence from Colombo Stock Exchange. Hoskin, R.E., Fizzell, M.R. and Cherry, D.C., 2014. Financial Accounting: a user perspective. Wiley Global Education. Jordan, B., 2014. Fundamentals of investments. McGraw-Hill Higher Education. Mackey (2017a) History of MCo. Available at: https://www.mandco.com/corporate/our-history/our-history/our-history.html (Accessed 09 February 2017) Mackey (2017b) Best companies journal. Available at:https://www.b.co.uk/Company/Profile/343383/ (Accessed 12 February 2017) Marks Spencer (2017a) Statement of Marks Spencer. Available at: https://www.google.com/finance?q=LON%3AMKSei=agWWWPCoAoPKsQH_7qPoCw (Accessed 23 February 2017) Next (2017a) History of Next. Available at:https://www.nextplc.co.uk/about-next/our-history (Accessed 08 February 2017) Appendix 1. Financial statements of the companies

Sunday, December 1, 2019

Non-Commissioned Officer the Embodiment of the Corps’ History and Tradition free essay sample

Stalinsky,Travis Class 318-13 20121202 Squad #1 â€Å"How is the Modern Corps’ Non-commissioned Officer the Embodiment of the Corps’ History and Tradition? † The United States Marine Corps non-commissioned officers are the Marines who have proven that they are worthy to handle the responsibility to lead junior Marines. The backbone of the Marine Corps as they have been described as. Their job is not just a few tasks’ it’s a large variety of tasks. It requires them to be professional, have courage, and integrity to set the example for others to follow and look to for guidance; thus emulating the corps history nd traditions. Throughout history the loyalty and commitment previous NCO’s have displayed made it a tradition to teach the new NCO’s picking up rank to carry on the standard, which modern NCO’s can be proud of and carry on with pride. When looking back into Marine Corps history of Medal of Honor recipients, the first on to receive the Medal of Honor was Cpl. We will write a custom essay sample on Non-Commissioned Officer the Embodiment of the Corps’ History and Tradition or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page John Mackie. He was the very picture of a Marine setting the right example as a non-commissioned. On May 15, 1862 while on board the U. S. S Galena in the Fort Darling attack at Drewry’s Bluff. â€Å"As enemy shellfire raked the deck of his ship, Cpl. Mackie fearlessly maintained his musket fire against the rifle pits along the shore, and when he was ordered to fill vacancies at guns caused by men wounded and killed in action, he manned the weapons with skill and courage†. This standard he set of instant and willing obedience to orders and courage is still what NCO’s to this day uphold. When the word Marine is heard by civilians, the word â€Å"loyal† comes to the top of their head. The modern Marine NCO’s are loyal to everything that is important to them and the Marine Corps. They proudly and loyally serve their country, their Corps, their unit, and themselves. They must show loyalty to their junior Marines. It’s their job to mke sure their junior Marines have the right tools to be successful, and must always point them in the right for direction; thus gaining the junior Marines trust and respect. The Marine Corps depends on these fundamentals to be able to have efficient units, to have effective leaders to lead Marines into battle, and for Marines to be able to trust one another with each other with their lives. Now we fast forward from Cpl. John Mackie, who was awarded the first Medal of Honor, to a modern day NCO who was also awarded the Medal of Honor. This Marine displayed an abundance of courage, which overshadows all traits; without it we are doomed to fall short in all the other traits. On September 8, 2009 in Kunar province, Afghanistan, Cp. Dakota Meyer maintained security at a patrol rally point while other members of his team moved on foot with two platoons of the afghan National Army and Border Patrol into the village of Ganjgal for a pre-dawn meet with the village elders. The patrol ended up being ambushed by more than fifty enemy combatants. Cpl. Meyer heard over the radio that four U. S. team members were cut off on their way back to safety. Cpl. Meyer had a fellow Marine do the driving while he took up the exposed gunner’s position in a gun truck in attempt to disrupt the enemy attack and locate his fellow team members. Cpl. Meyer seizing the courage to make this bold and brave action, while under intense enemy fire, killed a number of enemy fighters, made a couple of trips saving and searching for his comrades. His unbelievable courage allowed him to commit to the dangerous task of helping his fellow Marines. This shows why courage is the most important trait because without it how could you face your fears to make the unpopular decision? How would you have the intestinal fortitude to conduct yourself as a Marine on and off duty always making the right decisions? To stand in front of your peers and subordinates and teach them knowledge? This is why NCO’s can lead is because they have the courage to do what is necessary. Modern Marine NCO’s are the true embodiment of the Corps history and traditions because as leaders they emphasize the professional values of their leadership concepts; such as loyalty to the Corps, loyalty to their nation, loyalty to their units, exhibiting selfless services, and their professional responsibilities as an NCO. The two Marine NCO’s that I have discussed have displayed vital points of the Corps history and traditions. The Corps values, leadership traits, and leadership principles that were demonstrated was courage, loyalty, and setting the example. Their actions have set the standards which modern Marine NCO’s take pride in and continue to uphold the tradition.