Kant And Kant s Decision Procedures - 1143 Words

This example deems that killing the one healthy person is morally permissible because it saves five other people, and thus maximizes happiness. However, this judgment severely conflicts with deeply held moral beliefs that it is wrong to kill a healthy person and consequently, this creates a problem for act utilitarians. With regard to Kantianism, Kant believes that moral duty is based on reason. Every rational being must consider the decision procedure for moral reasoning to determine if their action is morally permissible and can be universalized. However, Kant’s decision procedures may lead to conflict. Kant endorses the claim that one must never lie, regardless of the circumstance. As discussed in class, we are tempted to make exceptions to the rule against lying because we think that if we are honest, the consequences will be bad, and if we tell a lie, the consequences will be good. Kant would argue that we can never be certain about what the consequences will be, and for this reason, the best policy is to avoid what we already know is evil – lying. Kant assumes that we would be morally responsible for any bad consequences of lying, but we would not be held accountable for any bad consequences of telling the truth. Consider the following example: Your friend has a baby and asks you if you think that the baby is cute. Your honest opinion is that the baby is ugly. According to Kantianism, you must tell the truth. Kant believes that we would not be responsible for the badShow MoreRelatedThe Ethics Of Non Voluntary Active Euthanasia1050 Words   |  5 Pagesshould be used. When euthanasia is non-voluntary and active, such as on a patient with dementia, the ethical decision comes into play if there are episodes of clarity and the patient has or has not mentioned what they want to do at the end of life situations. Principles of deontology suggest duty and obligation. A medical professional in such situations have an obligation to fulfill the patien t s wishes. The nature of their obligation does not sway based on what they personally think. Patients with dementiaRead MoreCase Analysis : Incident At Morales1234 Words   |  5 PagesMorales presents us with the moral problem confronted at work and home and demonstrates to settle on the right decision ethically. The video is about settling on an ethical decision morally despite the fact that we did our occupation accurately. The video closes tragically because of the choices made by the workers that were made to diminish the expense of the plant. The theories of Kant, Aristotle and Mills as connected to the video alongside tests and instinct are examined in the paper. TitleRead MoreKant s Powerful Reasoning For Moral Atrocities1525 Words   |  7 PagesIsaac Albert Moral Philosophy 3/20/2016 Word Count: 1528 Kant’s powerful reasoning for moral atrocities. Kant explains his moral theory, the categorical imperative, in â€Å"Grounding for the metaphysics of Morals†. In this paper i will argue that Kantian reasoning provides the most powerful understanding of how to assess and navigate moral dilemmas concerning atrocities when compared to Utilitarianism. In order to effectively do so, i will be using a case by Bernard Williams. The caseRead MoreAnimal Rights And The Right Action1305 Words   |  6 Pages Billions of animals are killed by human beings each year. Most of these animals live in filthy, unfavorable conditions and undergo painful procedures before being slaughtered for food or other purposes. The way that these animals are treated would never be considered ethical when applied to humans, even though animals and humans have much in common. Humans should not kill or harm animals purposefully, just as they should not purposefully harm other humans. Based on the theory of utilitarianism-Read MoreJustified killing1476 Words   |  6 Pagescircumstances that would cause many to approve abortion. They would argue that having a child is an important lifelong decision that requires consideration, preparation, and planning. If an individual is the victim of a molestation or rape incident that resulted in a pregnancy, chances are they are not equipped to provide for the child financially or emotionally, making abortion the smarter decision. What many fail to recognize is that abortion is not the only answer. Adoption is an alternative for unexpectedRead MoreUtilitarianism : A Philosophical Concept That Was Taught By John Stuart Mill931 Words   |  4 PagesJoseph Morrone Dr. Kaspar Ethics 13 March 2016 Utilitarianism is a philosophical concept that was taught by John Stuart Mill in which he explains that every person always act and make decisions that maximize their utility. Mill gave a clear explanation that utilitarian often aim at maximizing utility because it is morally right. All actions that individuals perform in their own initiatives are to make their lives better in the long run. This essay is aimed at explaining the way in which utilitarianismRead MoreConcepts Of The Person : Subjectivity, Identity, And Personhood1836 Words   |  8 PagesPersonhood Professor: Oli Stephano Immanuel Kant, â€Å"The Categorical Imperative† Amy Abdelrazeq and Michael Barzach â€Æ' Class Presentation Response to â€Å"The Categorical Imperative† by Immanuel Kant Immanuel Kant, a German philosopher known as the central figure of modern philosophy, was born on April 22, 1724. Philosophers such as Rene Descartes, David Hume, Aristotle, and Plato influenced Kant. Kant was interested in concepts such as what makes a decision moral vs. immoral, the human mind, and understandingRead MoreThe Ethics Of Physician Assisted Suicide Essay1655 Words   |  7 Pages Should individuals hold the privilege to survive or expire, conferring to their personal perception of a â€Å"good life† even if they are not hurting anyone else? The exceedingly divided dispute around the procedure of physician-assisted suicide (PAS) asks this very question. Although PAS is reasonably fresh to the sphere of moral matters it is often the main topic in many discussions about proper healthcare and palliative care. Physician-assisted suicide was initially permitted in the stateRead MoreDr. Ethos, The Chief Resident Of A Hospital1591 Words   |  7 Pageswell as the good Doctor’s status as the prime transplant surgeon, Dr. Ethos knows that the procedure could go off without a problem. However, the cranky old man would have to die, or rather be killed, in order to successfully treat all the patients. The question is, what would Dr. Ethos do, if he were Utilitarian (Act vs. Rule)? What would Dr. Ethos do, if he were a Deontologist (Kantian)? Utilitarianism John S. Mill describes Utilitarianism, also known as â€Å"The greatest happiness principle†, as a philosophicalRead MorePhilosophy: Deontology vs. Utilinarianism Essay761 Words   |  4 Pageswhether an action is ethical and follows the moral rules, depends on the intentions behind the decisions (Pieper, 2008). So for an action to be â€Å"good† and morally right, it must have been performed at goodwill and abide to moral values. Immanuel Kant was a renowned philosopher known for his theories and his deontological way of thinking. Deontology was also known as kantianism because of him. According to Kant, even though there are times when people don’t want to suffice what is right, they are morally

Should Prostitution Be More Beneficial - 1659 Words

Allie Godat Jessica Perkins Writing 1 November 13, 2015 Prostitution In this essay, I will be giving my arguments on whether or not prostitution would be more beneficial to society and safer it wasn’t illegal. I will be giving you background information on the history of prostitution at the beginning of civilization, and how it came to be illegal in the United States. Next I will state the reasons why prostitution is currently criminalized, and why people think it should remain that way. I will then reply to those arguments while stating my own thoughts and arguments. Lastly, I will provide alternatives to the criminalization of prostitution since there are multiple ways prostitution can become safer without it all being illegal. Within that, I will give examples and evidence from countries today that use some of these alternatives. By definition, a prostitute is a person who has sex with someone in exchange for money. Prostitution is often referred to as â€Å"the oldest profession;† it has been around since the beginning of civiliz ation (Carrasquillo). Some people believe that it even dates back to before mankind; evidence shows that primates have been seen offering sexual services in exchange for food or to avoid an attack. Even during the earliest years of civilization, it was a part of the everyday life of Mesopotamians, Greeks, and the Romans. In Ancient Rome, the sex trade was in high demand because it was needed to control the sexual activities of men so theyShow MoreRelatedPro-Prostitution (The Advantages of Prostitution)1469 Words   |  6 PagesProstitution is the act or practice of engaging in sexual activities in the exchange of money (Dictionary.com). Prostitution is believed by many to be the world?s oldest profession with its roots tracing back to ancient times (Otchet). It is a common belief that prostitutes are only women, but the truth is that prostitutes are predominantly of the female gender. In today?s modern society prostitutes are frowned upon by society because they see it as being on the same category as drug addiction andRead MoreThe introduction of new technological advanced innovations and methods during the Market Revolution1700 Words   |  7 Pagesdeceived and moved from their motherland to work in unfavorable industries with prostitution as the most common jobs for these women. With the incessant growth of the prostitution, the act of participating in promiscuous copulation especially for money, theres an outgoing debate on whether prostitution should be legalized or illegalized. However, people fail to focus on the increasing amount of trafficking and child prostitution aroused by sex tourism. As the world interchanges knowledge, commodities,Read MoreProstitution and Ethical Values Related to It954 Words   |  4 PagesProstitution and Ethical Values related to it Introduction Prostitution can be defined as â€Å"The act or practice of engaging in sexual intercourse for money,† and is usually provided as an underground service. A person who works in this field is called a prostitute, and is a kind of sex worker. Prostitution is one of the branches of the sex industry. The legal status of prostitution varies from country to country, from being permissible but unregulated, to an enforced or unenforced crimeRead MoreShould Prostitution Be Legal?1236 Words   |  5 Pagesmajority of people believe prostitution should stay illegal, claiming that the legalization of prostitution will only make the chances of getting an STD even higher, an increase in rape rates, and will also add to the growth of human trafficking. Although this could be the case, there have been many studies that tell a different story. Currently, Nevada has allowed prostitution in 11 of its counties with much success. There can be many benefits from the legalization of prostitution in the states. LegalizingRead MoreShould Prostitution Be Beneficial For Our Nation?1176 Words   |  5 PagesProstitution is one of the oldest occupations of all t ime. Brothels have always been around since ancient times. So this deviant act is nothing new in the world we live in today. Prostitution shouldn’t be deemed deviant. Prostitution is often said to be the oldest profession, and there is a lot of evidence that this is true. The earliest texts we have reference prostitutes, either sacred ones working for a temple or common street prostitutes. Throughout the Bible, prostitutes played greater or lesserRead MoreProstitution Is Considered The World Oldest Profession1170 Words   |  5 PagesProstitution is regarded as the world’s oldest profession; however, every state, except Nevada, currently prohibits it. According to Dr. Shumsky, â€Å"in the nineteenth-century police departments...confined prostitution to certain locations† to segregate prostitutes from other citizens (Shumsky 668). Many people see prostitution as a fountainhead of vice, and numerous religious leaders have argued that it leads to other crimes such as adultery. One common misconception about prostitution is that mostRead MoreAdvocate Research Paper1248 Words   |  5 Pagesthe U.S. In other countries, however, prostit ution doesn’t carry the same negative connotation, as it does in the U.S. In Canada, The Netherlands, France, and many other countries, prostitution has been legal for some time now. Domestically, the counties surrounding Las Vegas are famous for being home to the only legal commercial fornication in the U.S. Still, to look at Nevada alone when discussing the subject would be to neglect the majority of prostitution that occurs in the US. Illegal sex workRead MoreThe Issue Of Legalizing Prostitution1700 Words   |  7 PagesReleasing laws on prostitution †¦ specifically, legalizing this area of the sex industry, will create a profound impact on society. While halotry (as it was once commonly called) has its detractors and negative connotations, the benefits outway the problems society consistently point out. Society at large questions the merits of legalizing prostitution, when in fact there are several advantages legalization could create. At a minimum, legalizing harlo try will make the job significantly safer and keepRead MoreProstitution Essay1724 Words   |  7 Pages Prostitution has been a part of our worlds culture since the beginning of time, and is the worlds oldest profession. Ever since the beginning of time man has felt the need to pay for services of a sexual nature, whether are legal or not. In our culture; however, prostitution has become a topic of debate concerning the merits of this professions legality. In viewing the legalization of prostitution one must take into account all the pros and cons of the situation, but more importantly what isRead More Prostitution and Functionalism Essay694 Words   |  3 PagesProstitution and Functionalism Works Cited Not Included Throughout America and the entire world, prostitution flourishes. Prostitution is another never ending war like abortion, which society feels is immoral. This immorality leads functionalists, who apply functionalism to this social problem, on a chase to figure out why prostitution is what it is today. Functionalism is the best theory for looking at prostitution. It allows us to see how prostitution changes along with other aspects of

Ethernet as a Network Topology Free Essays

string(69) " switch with many stations \(demand\) and few servers \(resources\)\." Ethernet is the most widely used network topology. You can choose between bus and star topologies, and coaxial, twisted-pair, or fiber optic cabling. But with the right connective equipment, multiple Ethernet-based LANs (local area networks) can be linked together no matter which topology and/or cabling system they use. We will write a custom essay sample on Ethernet as a Network Topology or any similar topic only for you Order Now In fact, with the right equipment and software, even Token Ring, Apple Talk, and wireless LANs can be connected to Ethernet. The access method Ethernet uses is CSMA/CD (Carrier Sense Multiple Access with Collision Detection). In this method, multiple workstation access a transmission medium (Multiple Access) by listening until no signals are detected (Carrier Sense). Then they transmit and check to see if more than one signal is present (Collision Detection). Each station attempts to transmit when it â€Å"believes† the network is free. If there is a collision, each station attempts to retransmit after a preset delay, which is different for each workstation. Collision detection is an essential part of the CSMA/CD access method. Each transmitting workstation needs to be able to detect that simultaneous (and therefore data-corrupting) transmission has taken place. If a collision is detected, a â€Å"jam† signal is propagated to all nodes. Each station that detects the Collision will wait some period of time and then try again. The two possible topologies for Ethernet are bus and star. The bus is the simplest (and the traditional) topology. Standard Ethernet (10BASE5) and Thin Ethernet (1OBASE2), both based on coaxial cable systems, use the bus. Twisted-Pair Ethernet (10BASE-T), based on unshielded twisted pair, and Fiberoptic Ethernet (FOIRL and 10BASE-FL), based on fiberoptic cable, use the star. In the following document we will try to explain what switched, Fast and Gigabit Ethernet are and make comparison of these three. LAN segments can be interconnected using bridges or routers. This works well when the traffic between segments is not high, but the interconnecting devices can become bottlenecks as the inter-segment traffic increases. Until recently, there were few ways to alleviate this problem. Now, however, a new class of interconnect products has emerged that can boost bandwidth on overburdened, traditional LANs while working with conventional cabling and adapters. These are known as LAN switches and are available for Ethernet, token ring, and FDDI. Switching technology is increasing the efficiency and speed of networks. This technology is making current systems more powerful, while at the same time facilitating the migration to faster networks. Understanding this technology is important; only then can we design and implement switched networks from the ground up. Switching directs network traffic in a very efficient manner – it sends information directly from the port of origin to only its destination port. Switching increases network performance, enhances flexibility and eases moves, adds and changes. Switching establishes a direct line of communication between two ports and maintains multiple simultaneous links between various ports. It proficiently manages network traffic by reducing media sharing – traffic is contained to the segment for which it is destined, be it a server, power user or workgroup. It is a cost-effective technique for increasing the overall network throughput and reducing congestion on a 10-Mbps network. Other than the addition of the switching hub, the Ethernet network remains the same the same network interface cards, the same client software, the same LAN cabling. There are three basic types of switches on the market at this time. They all perform the same basic function of dividing a large network into smaller sub-networks, however the manner in which they work internally is different. The types are known as Store and Forward, Cut Through, and Hybrid. A description of each type is shown below: A Store and Forward switch operates much as its name implies; first it stores each incoming frame in a buffer, checks it for errors, and if the frame is good it then forwards it to its destination port. A Cut Through switch operates differently than a Store and Forward type. In a Cut Through switch, the switch begins forwarding the frame immediately upon recieving the Destination Address. A Hybrid switch is an attempt to get the best of both Store and Forward switches and Cut Through switches. A Hybrid switch normally operates in Cut Through mode, but constantly monitors the rate at which invalid or damaged frames are forwarded. Designing A Switched Ethernet Network Designing a switched Ethernet network is actually a fairly straightforward process. The first step is to evaluate the traffic flow through you expect each user or group of users to generate. Analysis of the network will most likely find that you have a large number of users who are not going to place a heavy load on the network, and a smaller number of users who will place a large load on the network. We now group the Undemanding Users together on a hub and connect each hub to a switch port. Our more demanding users will usually be either directly connected to the switch, or if they are on hubs, fewer of them will be sharing each switch port than on the Undemanding User portion. One point which should be kept in mind regarding the design of a switched network is that traffic patterns vary by user and time. Therefore, just taking a â€Å"snapshot† of network usage patterns may lead to the wrong conclusions and result in a design, which is not optimal. It is always advisable to monitor usage patterns over a period of several days to a week to decide how to allocate network bandwidth optimally. Also, in almost all cases, a process of trial and error may be required to fully optimize the design.  · It is most important to get a switch that doesn’t drop frames.  · Latency is a concern, but take it with a grain of salt. It will not make that much of a difference.  · Deciding between cut-through and store-and-forward depends on the application. Time-sensitive applications may need the former.  · Multimedia stations need dedicated switched ports.  · Most switch implementations consist of a switch with many stations (demand) and few servers (resources). You read "Ethernet as a Network Topology" in category "Essay examples" It is best to keep a 1:1 ratio between demand and resource. Or, as mentioned earlier, increase the number of access pipes to the resource. (i.e., multiple lines into one server)  · Baseline your network prior to installing switches to determine the percentage of bad frames that already exist on the network.  · RMON (Remote Monitor) capability embedded in switch ports is may be costly, but it may save time and money in the long run.  · Certain switches support a flow control mechanism known as â€Å"back pressure.† This spoofs collision detection circuitry into thinking there is a collision and subsequently shifting to a back-off algorithm. This throttles back the sending station from transmitting any further data until the back-off process is complete. Switches with this feature need to be placed into the network carefully. What is 100baseT and Why is It Important? 100baseT, also known as Fast Ethernet, is simply a new version of Ethernet that runs at 100 million bits per second, which is ten times the speed of the existing Ethernet standard. 100baseT is becoming very popular because networks need more bandwidth due to more users and to demanding applications like graphics and networked databases. In fact, for many applications, standard Ethernet is simply too slow. For this reason, most experts believe that 100baseT will eclipse Ethernet as the dominant standard for Local Area Networks (LANs) during the next few years. A major advantage of all variants of 100baseT is software compatibility with standard Ethernet. This means that virtually all existing operating systems and application programs can take advantage of 100baseT capabilities without modification. One way fast Ethernet helps network managers make incremental upgrades at relatively low cost is by supporting most wiring and cabling media. The 100-Mbit/s specification can run over the Category 3 and Category 5 wiring already in place. It also runs over fiber optic cabling already installed. Fast Ethernet offers three media options: 100Base-T4 for half-duplex operation on four pairs of Category 3 UTP (unshielded twisted pair) or Category 5 UTP, 100Base-TX for half- or full-duplex operation on two pairs of data-grade Category 5 UTP or STP (shielded twisted pair), and 100Base-FX for half- or full-duplex transmission over fiber optic cable (the specification should be completed by year’s end). As with other high-speed LAN technologies, fast Ethernet operates most efficiently on higher-grade media, such as Category 5 cabling or fiber. For Category 3-based installations, the 100Base-T4 media option uses four pairs of Category 3 UTP cabling. Data is transmitted on three pairs of wires, utilizing standard 8B/6T coding, which allows a lower signal frequency and decreases electromagnetic emissions. However, because the 100Base-T 4 standard uses the three pairs of wires for both transmission and reception, a 100Base-T4 network cannot accommodate full-duplex operation, which requires simultaneous dedication of wire pairs to transmission and reception. Work is still in progress on 100Base-FX fast Ethernet over fiber, but trials show it to be stable and capable of sustained 100-Mbit/s throughput at distances over 100 meters. Essentially, as a second means of transmitting data over fiber, 100Base-FX will be an alternative to FDDI. Moreover, because it will support full-duplex operation, 100Base-FX has the potential to become a significant backbone technology. 100BASE-T Fast Ethernet represents the best choice for customers interested in high speed networking for many reasons. There are 40 million 10 Mbps (Mega-bit per second) Ethernet users in the world today. 100BASE-T technology has evolved from this 10 Mbps world. By keeping the essential characteristics of the Ethernet technology (known as CSMA/CD) unchanged in the 100Mbit world, customers and installers can benefit from the body of Ethernet expertise developed over the years. The Ethernet industry expects that 100BASE-T will offer ten times the performance for twice the price of 10BASE-T. This improvement is made possible by advances in integrated circuit chip technology. As chips get smaller, they run faster, use less energy and are cheaper to produce. Early Ethernet controllers were made in 1.2 micron chips. State-of-the-art technology uses 0.45 micron chips. This represents an almost eight-fold reduction in chip size. 100BASE-T technology offers unparalleled ease of migration. You can decide how fast to upgrade, in what steps and stages, without massive â€Å"fork-lift† upgrades. Most 100BASE-T network cards will run as 10BASE-T and 100BASE-T cards. You will be able to buy cards now and run them at 10BASE-T speeds. Later when you are ready to upgrade to 100BASE-T you will not need to change your network cards. 100BASE-T is widely supported by many different companies. These include networking, systems, semiconductor, computer, integrator and research companies. Many of these companies have been supporting the industry effort through the Fast Ethernet Alliance. Wide support is essential for network users, ensuring a ready supply of interoperable products at competitive prices. The transmission systems of the 100BASE-T standard have high data integrity. It was shown that if 100 million 100BASE-T networks were run at maximum speed it would take over a billion times the age of the universe before there would be an undetected error. These error rates are significantly better than for 10BASE-T, Token Ring and FDDI. Recently, PC LAN adapter card manufacturers like 3Com and SMC have made very aggressive moves to further accelerate the adoption of 100baseT by pricing their 100baseTX products at only a slight premium compared to their standard Ethernet products. For example, a 3Com 100baseTX card is priced at $149, compared to $129 for their Ethernet card. Because virtually all 100baseTX cards also support 10baseT, this means that customers are being encouraged to buy the 100baseT capability even if they don’t need it today. In other words, you can buy the 100baseTX card today and use it on your existing 10baseT network; when you upgrade your network to 100baseTX, you won’t have to throw away your adapter cards. By all accounts, this strategy has been very successful. Gigabit Ethernet is an extension of the highly successful 10Mbps (10Base-T) Ethernet and 100Mbps (100Base-T) Fast Ethernet standards for network connectivity. IEEE has given approval to the Gigabit Ethernet project as the IEEE 802.3z Task Force. Gigabit Ethernet is fully compatible with the huge installed base of Ethernet and Fast Ethernet nodes. The original Ethernet specification was defined by the frame format and support for CSMA/CD (Carrier Sense Multiple Access with Collision Detection) protocol, full duplex, flow control, and management objects as defined by the IEEE 802.3 standard. Gigabit Ethernet will employ all of these specifications. In short, Gigabit Ethernet is the same Ethernet that managers already know and use, but 10 times faster than Fast Ethernet and 100 times faster than Ethernet. It also supports additional features that accommodate today’s bandwidth-hungry applications and match the increasing power of the server and desktop. To support increasing bandwidth needs, Gigabit Ethernet incorporates enhancements that enable fast optical fiber connections at the physical layer of the network. It provides a tenfold increase in MAC (Media Access Control) layer data rates to support video conferencing, complex imaging and other data-intensive applications. Gigabit Ethernet compatibility with Ethernet preserves investments in administrator expertise and support staff training, while taking advantage of user familiarity. There is no need to purchase additional protocol stacks or invest in new middleware. Just as 100Mbps Fast Ethernet provided a low-cost, incremental migration from 10Mbps Ethernet, Gigabit Ethernet will provide the next logical migration to 1000Mbps bandwidth. This section discusses the various topologies in which Gigabit Ethernet may be used. Gigabit Ethernet is essentially a â€Å"campus technology†, that is , for use as a backbone in a campus-wide network. It will be used between routers, switches and hubs. It can also be used to connect servers, server farms (a number of server machines bundled together), and powerful workstations. Essentially, four types of hardware are needed to upgrade an exiting Ethernet/Fast Ethernet network to Gigabit Ethernet :  · Gigabit Ethernet Network Interface Cards (NICs)  · Aggregating switches that connect a number of Fast Ethernet segments to Gigabit Ethernet  · Gigabit Ethernet repeaters ( or Buffered Distributors) The five most likely upgrade scenarios are given below : 1.Upgrading server-switch connections Most networks have centralized file servers and compute servers A server gets requests from a large number of clients. Therefore, it needs more bandwidth. Connecting servers to switches with Gigabit Ethernet will help achieve high speed access to servers. . This is perhaps the simplest way of taking advantage of Gigabit Ethernet. 2.Upgrading switch-switch connections Another simple upgrade involves upgrading links between Fast Ethernet switches to Gigabit Ethernet links between 100/1000 Mbps switches. 3.Upgrading a Fast Ethernet backbone A Fast Ethernet backbone switch aggregates multiple 10/100 Mbps switches. It can be upgraded to a Gigabit Ethernet switch which supports multiple 100/1000 Mbps switches as well as routers and hubs which have Gigabit Ethernet interfaces. Once the backbone has been upgraded, high performance servers can be connected directly to the backbone. This will substantially increase throughput for applications which require high bandwidth. 4.Upgrading High Performance Workstations As workstations get more and more powerful, higher bandwidth network connections are required for the workstations. Current high-end PCs have buses which can pump out more than 1000 Mbps. Gigabit Ethernet can be used to connect such high speed machines. Gigabit Ethernet will be an ideal solution for many of the networking challenges confronting MIS departments today. With businesses implementing more powerful technologies like super-fast servers and data-intensive applications such as video streaming, videoconferencing, or high-speed file backups, the new Gigabit Ethernet standard will go a long way toward adding significant bandwidth at reasonable costs. The following explains some of the key advantages Gigabit Ethernet will provide. Gigabit Ethernet will offer a dramatic increase (as much as a hundredfold) in pure bandwidth to help organizations meet the challenges of overburdened or growing network infrastructures. Gigabit throughput will greatly relieve pressures on LAN backbones while providing both the scalability and speed users need to run data-intensive applications productively. When gigabit data rates become available, firms will be able to greatly expedite large file transfers between servers and other devices. Mirroring the price and performance benefits that Fast Ethernet brought to Ethernet networking, Gigabit Ethernet will offer ten times greater performance than today†s Fast Ethernet at two to three times the cost. The working groups are selecting technologies, such as the Fibre Channel physical layer for fiber, with these specific cost targets in mind. Gigabit Ethernet will maintain the 802.3 and Ethernet standard frame format, as well as 802.3 managed object specifications. As a result, organizations can easily upgrade to gigabit speeds while preserving existing applications; operating systems; protocols such as IP, IPX, and AppleTalk; and network management platforms and tools. Managing Gigabit Ethernet networks upgraded from Fast Ethernet backbones will be simple and easy because the new technology requires no learning curve or training for MIS staffs. By offering backward compatibility with existing 10/100 Ethernet standards, Gigabit Ethernet will provide the same outstanding investment protection that Fast Ethernet offered. When upgrading to gigabit performance, companies will maintain existing wiring, operating systems, protocols, drivers, and desktop applications. No training is required for users or network managers, and network management tools and applications will remain intact. Administrators will be able to keep existing tried-and-tested hardware, software, and management practices while providing-with minimal risk and cost-the networking functionality and performance their organizations require. Gigabit Ethernet is the third generation Ethernet technology offering a speed of 1000 Mbps. It is fully compatible with existing Ethernets, and promises to offer seamless migration to higher speeds. Existing networks will be able to upgrade their performance without having to change existing wiring, protocols or applications. Gigabit Ethernet is expected to give existing high speed technologies such as ATM and FDDI a run for their money. The IEEE is working on a standard for Gigabit Ethernet, which is expected to be out by the beginning of 1998. A standard for using Gigabit Ethernet on twisted pair cable is expected by 1999. How to cite Ethernet as a Network Topology, Essay examples

Electronic Data Interchange Background

Question: Discuss about the Electronic Data Interchange Background. Answer: Introduction From the several years electronic contract are existing, the people have been creating contract by the electronic means for a numbers of years. Previously the maximum numbers of electronic contract were made in Electronic Data Interchange or EDI background. The large companies have conventionally used this to transact via close ended proprietary network and utilizing value added network. This makes a connection between the suppliers and the retailers. It helps in reducing the time as it can be done within a fraction of time duration. Apart from this, the electronic contract or electronic transaction also helps in improving the efficiency of the contractual process. Therefore, the processes become faster and more effective so that the entire contractor parties are benefitted. The EDI standards play vital role in interchanging electronic communication. However, a significant amount of business activities has been performed via e-mail thus the electronic business flourishes even without the EDI standard. Maximum numbers of the electronic transaction do not need any signature; valuable contracts also can be done without any writhing. There are significant numbers of contract are made each day via e-mail. In this context it is important to know, whether the electronic contracts are valid or not. In case of any discrepancy is there any law help the plaintiff. Main body The e-contracts are theoretically very similar to the conventional business contract. Vendors offer their products and services with price and terms and condition to the prospective buyers. The buyers consider the options and match with their needs, then negotiate rate and terms if possible and then place order and then make payment. After that the vendors use to deliver the procured goods. On the other hand, as because of the manners in which it varies from conventional commerce, the electronic commerce invokes few novel and interesting technical as well as legal disputes. For a valid contract, there are six element should be present, which are as follows: willingness to make a legal contract, an offer, an acceptance, followed by consideration, examining capacity of the contract and the legality of the contract. Same as written contract in electronic contract also require the same elements to fulfill the norms as well as rule and regulations of a valid contract. The making of an obl igatory legal contract the court enforces the contracting parties to accomplish a variety of requirements, which are prescribed by the contract law of the country. These requirements must be fulfilled prior to the completion of a contract. Moreover, for the valid contract the six important elements must be presented there, otherwise the contract may be void. In addition to the 6 fundamental elements certain categories of contract ought to be in writings form, in an electronic alternative. The electronic contract also requires these six elements in order to make a valid contract. The idea of a contract as a bargain or conformity struck by two or more parties on the basis of the principle that the outcome will be accomplishing of the mind of the parties on the term as well as conditions, which will create the conformity with each other. Each party will generally agree to perform certain things in returning due to the promise of the other party to perform definite things of specific ch aracteristic. As per the contract law of Australia an electronic contract is no less in comparison to a simple contract as it is done via computer. The bright line rules in respect of the online contract are remained being developed. The courts normally apply the conventional contracts law principles to the online contract. There are a vast number of online contract made up by a click wrap agreement. The typical shape of electronic contract adds online terms of usage intended for popular web based services. On a click wrap contract the user normally manifests consent by clicking an I accept icon on the web pages or in pop-up screen. The courts concentrate on click wrap contract have equivalently held the electronic contract valid along with enforceable. Like any other contract if a user failed to read the click wrap contract before accepting its term and condition will not explain compliance with its terms. In this matter DeJohn v The T.V. Corp. International case can be given as example where the plaintiff DeJohn enter in a agreement by clicking I agree icon on net. A web wrap is used for the law of internet in a reference of contract or license agreement and it protect access or usage of web material on a specific web site. In the Case study Ruder v Microsoft Corp. where the plaintiff Rudder claim damage for violation of contract and the defendant was Microsoft Corp. apart from this in the case of Spechet v netscape communications Corp. is a case of enforceability of web wrap software license. A valid contract needs an offer, acceptance along with a consideration. The offer produce in the internet are valid offer because as per the contract law a valid offer shows a willingness to make an entry into a bargain so as build as to provide justification to another person in order to understand that his/her assent to that specific bargain is invited as well as will conclude it. An offer comprised with an acceptance which outcome in mutual asset. An acceptance is made at the time when the acceptance of the offer is mailed or else sent. The rule is accepted for the electronic offers. According to the case of Entores Ltd Vs Miles Far East Corporation; CA 1955 a contract will be considered as valid completed contract after only the acceptance is obtained by the receiver. An electronic acceptance is useful at the time of acceptance is mailed or sent. Mutual assent or agreement is the expression by the both parties on an intention to be bound. The approval of an offer can be agreed by acts along with words including via email communication. The contract offer along with the acceptance via distinguish email can also use suffice in case of mutual assent is reached. As per the case of Leach Nominees Pty v Walter Wright the acceptance via telex can be accepted according to the postal acceptance rule. The postal rule states that the acceptance take effect as soon as the letter of acceptance is posted. There are several cases like Adams v Lindsell (1818), household Fi re Insurance Company v Grant support this argument. The electronic offer is as same as the traditional written offer as like the traditional contract offer, electronic contract also has offer, acceptance, and consideration. A mutual assent comprises of an offer by a party as well as an acceptance of that particular offer by another parties. A large body of rule along with the guidelines, which addresses enforcement as well as contract information, comprises contract law. Contract is basically nothing but a promise or a set of promises and for the violation of these promises the law offer remedies. Electronically the contract can be formed by disseminating the offers in the websites, there are click wrap options, and the interested candidates accepting the offers by clicking on the options, there are also a set of terms and conditions which bind the parties within the contract. The electronic contract formation usually same as the other contract formation there are also a intention f or a creation of legal contract, offer, acceptance, consideration, capacity of the contract and legality of the contract. Here the technologies play important role as in formulating a legal contract. The vendors place offer, the interested party apply for the offer and in the offer form there are the terms and condition are written. After the acceptance of the contractual offer by the interested parties, the vendor use to provide delivery of the items means the promised goods or services. The offers displays in the internet are actual mostly offer, and the legality for the offer use to be performed prior to the circulating the offer. However, often it is seen that some people make offer in the internet, which are face and intend to cheat the customers. Basically in the email offer it can be seen, where there is not any term and conditions or fake term and condition and fake legal jurisdictions. Therefore, it is recommended that if you do not know the person who gives the offer personally do not accept the offer as it may be fake offer. The offers placed by the e-commerce site are valid offer and you can accept those offers without any hesitant. The offers are bonded with few predetermined terms and conditions. The offerors create the terms and conditions and the acceptors of the offers have to obey the terms and conditions. In the case of electronic contract the offer is made by the offerors and circulated in the websites the interested people accept the offer by clic king the click wrap option. The clock of the click wrap option by the users implies that the users accept the offer. The contract law as per the case Mehta v j Pereira Fernandes SA; CHD/APR2006 is included under the common law. The prties of the case were dispute. A party who wish to accept the offer can withdraw the offer within a predefined time period stated in the offer form or offer page in the internet. The vendors who circulate the offer furnish the offer with some predefined term and conditions where the time limit for withdraw the offer also been stated and within the time frame the party who accepted the offer can withdraw the offer and annual the offer in case of by mistaken he/she accepted the offer without knowing the terms and condition or the quality and goods and services or the prices of goods and services. As per the Australian contract law an offer, irrespectively in written contract, oral contract, electronic contract and any other form of contract a time has been provided and within the time period the contract can be withdrawn. The countrys electronic contract are governs by the Electronic Transactions Act 1999. (Cth), and as per the norms and rules the electronic contract can be withdrawn with a predefined time period. The law furnished in Electronic Transactions Act 1999. (Cth), provide the adequate legal help to the parties who are bonded with the electronic contract in order to resolve the dispute in the contract among the parties. In this matter in Australia there is an important Electronic Transactions Act 1999. (Cth), the Act provides the essential guidelines for the electronic transaction and contract formation. It is the countrys application of UNCITRAL Model Law intended for Electronic Commerce of 1996. The opening of the Act pursued a report by Electronic Commerce Expert Group in July 1998. The expert team examined the current law and detected that there were situations where the present law did not precisely resolve the legal issues. The team made the perceptions that these uncertainties or doubts would restrain the development of electronic commerce. There are some problems in the electronic contract which are as follows: it is problematic to evaluate if there is a valid and binding contract regarding sale as well as purchase, whether the exchange of email was adequate to satisfy the needs in section 59 of the PLA that a valid contract for the sale of land ought to be in writing as well as signed by the party or authorized representatives. There was not any intention by the parties to be legally bonded by the email exchange. Conclusion The electronic contract is increasing day by day and its importance is also enhancing over the time. With the advancement of the information technology and latest communication techniques as well advancement in the internet technologies has brought a boom in the electronic transactions. E-commerce is widely used in modern day context. There are several e-commerce sites like amazon, ebay, many more appears in the scene, and the offer and contract are legally bonded. The e-contracts are supposedly alike to the traditional business contract. Vendors offer their products and services with price and terms and condition to the prospective buyers. The buyers consider the options and match with their needs, then negotiate rate and terms if possible and then place order and then make payment. There are some legal issues in electronic contract which occurs due to the technological advancement and the rules are amended as per the needs of the changes. References Carter, John W,Contract Law In Australia(Lexisnexis Orders/service, 2012) Chadman, Charles E,Contracts And Partnership(Bridge Publishing Company LLC, 2009) Doris, Martin, "Promising Options, Dead Ends And The Reform Of Australian Contract Law" (2013) 34Leg Stud (Soc Leg Scholars) Ellinghaus, M. P,Australian Cases On Contract(Code Press, 2007) Gibson, Andy and Douglas Fraser,Business Law(Pearson/Prentice Hall, 2007) Hiscock, Mary E and William van Caenegem,The Internationalisation Of Law(Edward Elgar, 2010) Monahan, Geoff and Susan Carr-Gregg,Essential Contract Law(Routledge-Cavendish, 2007) Radan, Peter and John Gooley,Principles Of Australian Contract Law(LexisNexis Butterworths, 2009) Turner, Chris,Unlocking Contract Law(Taylor and Francis, 2014) Barker, David,Essential Australian Law(Cavendish, 2005) Burrell, David and John G McGinn,Cornerstone Law Series(Law Society of South Australia, 2009) Contract Law In Context(CCH Australia, 2014) Elliott, Catherine and Frances Quinn,Contract Law(Pearson Longman, 2007) Homburg, John,Cornerstone Law Series(Law Society of South Australia, 2008) Paterson, Jeannie Marie,Unfair Contract Terms Law In Australia(Thomson Reuters (Professional) Australia, 2011) Tarakson, Stella,The Law In Australia(Heinemann Library, 2007) Thomas, Geoff,Cornerstone Law Series(Law Society of South Australia, 2010) White, Richard,Cornerstone Law Series(Law Society of South Australia, 2009)

Three Shifts, Three Supervisors Essay Example

Three Shifts, Three Supervisors Essay To appease the workers in their Jobs by giving some prosperity gift or benefits. 3. To develop the office management of ML in other to have a better company relationship between the superior to his subordinate. Areas of Consideration Analysis: The Main Problem is the style of leadership Mr.. Gang is a dictatorial leader that uses negative approach to his subordinates. All decision-making power is theirs, unrealistic in demands, uses excessive discipline and punishment, and does not allow others to question decisions or authority. Like what he did to Ian Michael he agree with the proposal. That became the cause of their conflict that lead to Ian Michael to submit a resignation letter. Alternative Courses of Action: In alternative course of action I will specify the possible and most viable solution to solve the problems. First Mr.. Gang should change his, style of his leadership so that he could not have an argument/ conflict Like what happen between him and Ian Michael. We will write a custom essay sample on Three Shifts, Three Supervisors specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Three Shifts, Three Supervisors specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Three Shifts, Three Supervisors specifically for you FOR ONLY $16.38 $13.9/page Hire Writer In addition to that to lessen the high rate of turnovers, to appease the workers in tenet Sods Day Glenn some prosperity glut or Benefits, and to develop the office management of ML in other to have a better company relationship between the superior to his subordinate. If possible they can use what Ian Michael proposal in motivating the employee to have a better organization. Recommendation: The best solution that I could recommend is to back Ian Michael to the company his a big help to the company to improve the organization. In addition, Like what I said to my other statement Mr.. Gang should change his style of leadership so that the company could avoid a conflict like what happen between Ian Michael and Mr.. Gang. Conclusion/ Detailed Action Plan As early as possible, Mr.. Gang should approach Ian Michael to go back to the company and offer a higher position for him to grab the offer. Then Mr.. Gang should change his attitude in communicating with his subordinate. They should held a meeting at least twice a month to tackle all the happenings inside the organization. In addition to that they should also held a team building to improve the team work of the employees of the company.

Structuralism vs. Functionalism

Structuralism vs. Functionalism Free Online Research Papers Both structuralism and functionalism are mentalisms; this means the mind is the subject of every study. They are different, however, in how the mind is viewed. This paper will compare and contrast the ideas and theories of structuralism and functionalism, and explore how, if at all, these theories are being practiced in psychology today. Structuralism vs. Functionalism Structuralism and functionalism explore the human mind; both are concerned with the conscious self, despite the verbal bashing of each side. While they had some similarities, they also had many differences which will be explored below Structuralism, the first major school of thought in psychology, was founded by Wilhelm Wundt. It is the study of the elements of consciousness, and focused on breaking down mental processes into the most basic components. â€Å"In Wudnt’s view, the mind had the power to organize mental elements voluntarily† (Schultz, D.P. Schultz, S.E., 2008, p.122). In order to do this structuralism relied on a method called introspection. Introspection, however, had a principle flaw and was one basic reason that structuralism completely died in psychology upon Wundt’s death (Psychology World, 2006). The subject agreement and reliability of structuralism was not consistent with mainstream views of experimental psychologists today (Psychology World, 2006). It maintained that a â€Å"conscious experience must be described in its most basic terms,† (Psychology World, 2006). Structuralism was also later criticized, mainly by behaviorists, claiming that the theory dealt primarily with internal behavior. It was argued that this was a non-observable element of consciousness which could not be measured accurately. Functionalism formed as a reaction to structuralism; it was influenced by the work of William James and the evolutionary theory of Charles Darwin. Functionalism is concerned with how the mind functions, and therefore also used the method of introspection. â€Å"Functionalists studied the mind not from the standpoint of its composition-its mental elements of structure-but rather as a conglomerate or accumulation of functions and processes that lead to practical consequences in the real world† (Schultz, D.P. Schultz, S.E., 2008, p.145). Functionalism emphasized individual differences, which had a great impact on education. John Dewey went on to use the theories of functionalism to determine that children should learn at the level appropriate for which they are developmentally prepared. However, just as structuralism had its disbelievers, so did functionalism. The term function was used loosely. It can refer to both how the mental process operates, and how the mental process functions in the evolution of species (Oxford Companion, 2006). Because it lacked a clear definition, it was subjected to the same problematic aspects of structuralism. This is when behaviorism was introduced. â€Å"Behaviorism dealt solely with observable behavioral acts that could be described in objective terms† (Schultz, D.P. Schultz, S.E., 2008, p.520). Theoretically, structuralism and functionalism had similarities. The most obvious similarity is that they both took interest in the mental process; after all functionalism was only formed as a reaction to the flaws of structuralism. Further, both used introspection as a method to explore their ideas. Lastly, both structuralism and functionalism had a desire for psychology to become scientific. While there were some comparisons in these two schools of thoughts, there were definitely more differences in the two. As mentioned earlier, functionalism developed, to a certain degree, as a reaction against structuralism. It was thought that psychological processes would be best understood in terms of their function rather than their structure. In other words, structuralism asked what happens when an organism does something, and functionalism asked how and why. Functionalism drew on evolutionary theory rather than modeling psychological processes on the combination of mental elements. Breaking away from functionalism, behaviorism dealt with observable behavior as a result of environmental stimuli. This was in contrast to focusing on the internal mental process which rejected introspection and called for a more scientific method. Structuralism did not withstand the test of time and soon faded out despite an intensive program of research which relied on the contemplation of one’s own thoughts, desires, and conduct. The experimental methods used in structuralism would not hold up to today’s standards; the experiments were too subjective and the results were therefore unreliable. Functionalism emphasized the function, or purposes, of behavior as opposed to its analysis and description, and soon disappeared as a separate school because it lacked the kind of exactness needed to facilitate its theory. Despite its disappearance as a separate school of psychology â€Å"functionalism never really died, it became part of the mainstream psychology† (Oxford Companion, 2006). The importance of looking at process rather than structure is a common attribute of modern psychology. As an individual approach it lacked a clear formulation and inherited problems from the structuralist reliance on intro spection, however the theory of functionalism is still around today. This writer believes that structuralism is important because it was the first major school of thought in psychology and because it influenced experimental psychology. However, other than the effect it has had on the history of psychology it has no place in modern psychology. Functionalism has had a great impact of modern psychology. As she will become a teacher soon, this writer cannot help but be grateful for the impact functionalism had on the educational system. The writer also feels that all functionalism is the underlying component of psychology; the purpose of the consciousness and behavior is applied to all areas of psychological study. Oxford Companion to the Mind. (2006). William James and Functionalism. Retrieved October 7, 2006 at psych.utah.edu/gordon/Classes/Psy4905Docs/PsychHistory/Cards/James.html Psychology World. (2006). Structuralism. Retrieved October 7, 2006 at http://web.umr.edu/~psyworld/structuralism.htm#1 Schultz, D.P. Schultz, S.E. (2008). A History of Modern Psychology (9th ed.). California: Thomas Wadsworth. Research Papers on Structuralism vs. FunctionalismThree Concepts of PsychodynamicEffects of Television Violence on ChildrenBionic Assembly System: A New Concept of SelfIncorporating Risk and Uncertainty Factor in CapitalResearch Process Part OneComparison: Letter from Birmingham and CritoOpen Architechture a white paperThe Relationship Between Delinquency and Drug UseMarketing of Lifeboy Soap A Unilever ProductInfluences of Socio-Economic Status of Married Males Structuralism vs. Functionalism Free Online Research Papers Structuralism was formed out of the necessity to distinguish psychology as a science separate of philosophy and/or biology. Functionalism came out of opposition to the basic premises of structuralism. Major differences among functionalism and structuralism are in the ideas of how the mind is organized. Functionalism viewed the mind by how it functioned rather than how it was structured (Schultz, D. P., Schultz, S. E., 2008). Structuralism looked at mental processes through analysis and description and functionalism through behavior (i.e., how and why people behaved). Functionalism explored how the mind changed based on experiences and environment. The basic premise of functionalism is still seen in modern psychology. Darwin a major theorist in functionalism introduced the idea of, â€Å"Evolution†. He proved that the mind evolved/s over time (Schultz, D. P., Schultz, S. E., 2008). Darwin focused on, â€Å"Animal psychology to form a basis comparison, placed emphas is on functions rather than the structure of consciousness, accepted methodology and data from many fields, and focused on description and measurements of individual differences (Schultz, D. P., Schultz, S. E., 2008 p. 155).† A significant portion of the initial premises Darwin established are in practice in modern psychology through the theories that emerged following functionalism. Research Papers on Structuralism vs. FunctionalismThree Concepts of PsychodynamicEffects of Television Violence on ChildrenComparison: Letter from Birmingham and CritoLifes What IfsInfluences of Socio-Economic Status of Married MalesResearch Process Part OneHip-Hop is ArtThe Project Managment Office SystemGenetic EngineeringBionic Assembly System: A New Concept of Self

Gasoline consumption vs. SUV's popularity Research Paper

Gasoline consumption vs. SUV's popularity - Research Paper Example The numerous pros associated with SUVs however are accompanied by certain cons chief of which is their high fuel consumption and related high pollution levels. This paper will discuss the popularity of SUVs vis-a vis their fuel consumption. In some countries including the United States, the Sports Utility Vehicle is considered a light truck and therefore is subject to less strict regulation compared to passenger vehicles. In the US, the Clean Air Act that governs environmental pollution as well as the Energy Policy and Conservation Act that governs fuel economy have soft landings on SUVs (Yacobucci, 2003). The popularity of SUV vehicles started rising in the 90s and early 2000s with vehicle manufactures making a move to avoid what they considered over-regulation. . The vehicles which are commonly known as 4-wheel drive vehicles, 4x4s, 4WDs include vehicles such as the Land Rover, Jeep, Range Rover, Land Cruiser and the Chevrolet Blazer (Keith, 2002). The ports Utility Vehicle has gained a lot of popularity over the years especially in Australia, Canada and the United States of America. This trend has taken root in other parts of the world, Africa and Asia not being left behind. In some places where there is limited road coverage, the vehicles are preferred to conventional vehicles. For the last two and half decades, SUVs have become a common phenomenon in roads across the world, they being associated with luxury, class, and ambience. The vehicles have larger cabins compared to conventional cars and can be used to haul loads such as caravans, boats and trailers. A lot of the SUVs’ popularity has been credited to their funky images; the reason women also prefer them to other vehicles in the United States. The vehicles are also associated with strength, security, high storage capacity, all terrain handling, high range, and many other qualities that are associated with good performance. In spite of their

DISCUSSION BOARD PART 2-2 Essay Example | Topics and Well Written Essays - 500 words

DISCUSSION BOARD PART 2-2 - Essay Example These requirements include the literature must be peer reviewed, organized chronologically, recent (3-5 years old), compare and contrast different points of view among others. My study being a qualitative study, I perceive this as a challenge in that many studies are quantative in nature. In this regard, I have to go through so much literature against limited time, to compare and contrast my thinking with others. The second challenge that can come from this research is few respondents. A qualitative research requires considerable skill and little direction. According to smith et al, qualitative research has a high dross rate because of participants digressing form the main issue (Smith et al, 2008). When collecting data in a mixed cultural set up, some individuals may be unwilling to respond or give information asked. This will result in a bias because I have to reselect the sample. A challenge may arise on meeting respondents that cannot speak the languages I speak because this prev ents an open dialogue because. A third challenge is meeting a doctoral chair from the faculty that suits my interests and learning schedule. To ensure competency in this research I have set aside time to study and do research to ensure that I can make correct contrasts and comparisons. I have researched for a good research question to propel this study, stated the research design well, and identified the method as qualitative. Already I have started working on research questions that are short, prompting, and structured. The choice of questions has taken into account three challenges earlier stated, reducing any bias in the study. A successful student doctoral study chair relationship is critical. Building a relationship with the chair requires a student first to communicate regularly through emails, especially during the first few weeks after approval. Checking with the chair with the preferred means of

Why did the Korean War become an international conflict Essay

Why did the Korean War become an international conflict - Essay Example Fought as a result of disintegration of Korea into two countries due to World War II, Korean War was a result of conflict between USA and USSR as after the World War, one part was occupied by US and other was by USSR. The overall scenario leading to the Korean War is also based upon the rising tension between US and USSR. After the end of World War II though peace started to take its roots in Europe and other developed countries however, the US-USSR conflict started to worsen and both the super powers of the world reached to a point of cold war. The competing ideologies of Communism versus capitalism and dominance of US or USSR on the world political stage set the most part of the War between US supported South Korea and USSR and China supported North Korea. It was also during this war that UN was used for the first time by US as a tool to actually engage into armed conflict with any country. Why this conflict became global in nature and size, why major players including UN and US ac tually involved in this conflict will be discussed in this area. Political Turmoil and role of US and USSR Korea’s geographical location made it one of the most important regions in post-World War-II scenario and it was increasingly viewed as region which would ultimately become the point of contention between the Western powers and Communist bloc. The conditions for war were created due to keen interests of the two of the largest communist states in the world and the overall indecisiveness of US to conduct its foreign policy in the Far East region. Korea has always remained of interest for Russia and China and it was also because of this reason that USSR tried to occupy the country after World War II. Considering the increase in power of USSR, US also attempted to capture part of the country and hence Korea was divided between South and North Korea with US controlling South Korea whereas North Korea was controlled by USSR. The failure to actually hold free and fair elections increased the political tension in the region with North and South Korea forming two different sets of governments. South Korea adapted democracy whereas North Korea became a communist country. The political tension further escalated when small skirmishes started to occur on what was called 38 Parallel, the line controlled by US which was also virtually dividing both the countries from each other. The Korean War erupted in what was called the middle of the cold war between US and USSR and their bid to take control of the world. It was also increasingly seen as the war to determine which ideological framework world would adapt i.e. capitalism versus communism. The direct involvement of USSR in the war and supplying the arms to North Korea also prompted US, under the banner of UN to engage into the conflict with USSR. It is suggested that it was also the first time when US actually used UN as a foreign policy tool. The overall plan was to actually give Korea under the trusteeship of United Nations which would eventually lead it to full independence over the period of time. It was however subsequently realized that the imposition of any political will from other than Koreans may not be easy to implement and region may drift into turmoil as a result of political conflict between the super powers. It is also important to understand the overall diversity of opinions as well as groupings within Korea which could not help materialize the development of a workable plan to actually make the transition. The overall diversity of political opinions was also due to the Japanese Colonial rule which kept the country divided based upon different ideological basis. The suppression of Korean nationalist movement by the Japan also resulted into the lack of

Is It Possible to Control the Ebola Epidemic?

Is It Possible to Control the Ebola Epidemic? A terrible tragedy struck the western part of the African continent and our desire and believe is to put an end to this nightmare. Since the discovery of Ebolavirus in 1976 in Zaire, now DRC Democratic Republic of Congo, this virus is endemic in this country and has caused a trail of destruction. For years, it has afflicted our brothers mercilessly slaughtering entire families overnight, leaving a crowd of orphans along the way. Today West Africa, Guinea, Liberia, Sierra Leone and Nigeria, also live an epidemic of Ebola Hemorrhagic Fever (EHF), the 7th in the history of the Democratic Republic of Congo, with the potential to spread to neighboring countries. WHO World Health Organization has worked with professionals from various countries to gather experiences in epidemics, concentrating efforts that can contribute in a practical way to control cases of Ebola, which are already more than 1.400 deaths this year so far, with mortality rates of 60-90%. Summary of the clinical picture of Ebola Hemorrhagic Fever (EHF): The EHF is an infectious disease caused by Ebola virus, an RNA và ­rus with filamentous appearance under electronic microscopy, diameter of 80nm, incubation period that various between 1-3 weeks. The initial symptoms are very similar to a simple flu, with asthenia, anorexia, headache and myalgia, insidiously progressing to vomiting, diarrhea, bleeding, dehydration, shock and death. The severity and duration of disease progression depends directly on viral load Ebolavirus, nutritional status and consequently, the immune status of each patient. In 50% of cases occur a maculopapular rash more pronounced on trunk and abdà ´men, and by the end of the 1st week blood dyscrasias symptoms are observed, such as nausea and uncontrollable vomiting, difficult to control epistaxis, hematemesis, melena, hemoptysis, bleeding conjunctival, skin, mucous membranes, gums, ulcerations of lips. From this point occur rapid progression to disseminated intravascular coagulation (DIC) with cardio-circulatory collapse, dysfunction and multiple organ failure and death occurs. There is no specific medication for treatment of Ebola Hemorrhagic Fever (EHF), only supportive measures to control hypovolemia, fluid and electrolyte replacement, blood, plasma or platelet concentrate transfusion, vasoactive drugs. The most frequent and common is the clinical and epidemiological diagnosis, The safest laboratory diagnosis is the identification of Ebolavirus by viral isolation in culture to identify the serotype, or by polymerase chain reaction with reverse transcription (RT-PCR) for sequencing of viral RNA. Contagion occurs primarily by direct contact with fluids, secretions of the patient as urine, blood, semen, sweat, saliva, or fomites and personal belongins contaminated with Ebolavirus. IS THERE A CORRELATION BETWEEN Ebola Hemorrhagic Fever (EHF) and deaths from Dengue Hemorrhagic Fever? Undoubtedly, and we’ll explain some points needed to understand well this interrelationship. The work developed focusing on dengue fever, dengue hemorrhagic fever and epidemics, was the theme in 2006, of masters thesis Homeopathy in Public Health: Contribution to the Study of Epidemics, in Post-graduation in Health Sciences of the Medical School of Sà £o Josà © do Rio Preto, Sà £o Paulo SP, Brazil. In 2002 the World Health Organization WHO launches the document Strategy of the WHO about Traditional Medicine, which in Brazil resulted in the administrative rule MS/GM No. 971 of June 3, 2006, known as NPICP National Policy on Integrative and Complementary Practices, which regulates prescription and use of homeopathy in epidemics. From the guidelines of the Ministry of Health, received by us as an incentive and authorization to follow through with these actions, we expanded the fieldwork, once it had been initiated in the city of Sà £o Josà © do Rio Preto, since 2001, a project to control dengue at the population level with homeopathic medicine1. Due to the excellent results obtained in February and March / 2007 in Sà £o Josà © do Rio Preto2, Sà £o Paulo and Macaà ©3, Rio de Janeiro, with the homeopathic medicine we extended the use to thousands of individuals in various cities in different states of Brazil, such as Sà £o Paulo, Rio de Janeiro, Minas Gerais, Espà ­rito Santo and Goià ¡s, and in Cuba, in Ciego de Avila, Camaguey and Havana. The results of the clinical and epidemiological studies, were ratified by the medicines approval by ANVISA (the brazilian regulatory body of drugs administration) in December 2008, officially released in the category dengue treatment under the fancy name PRODEN, recorded by a national laboratory, and one of the five finalists of the 1st Sanofi-Aventis Prize, Medical Services Innovation New Directions in Public Health, in June 2009. For this to happen, the product has undergone rigorous testing in rats, rabbits and mice, in the Drug Research Laboratory of the Federal University of Amapà ¡, whose experiments have shown average increase of 200.000 platelets/ml to 600.000 platelets/ml in male rats4. The daily clinical practice has shown rapid improvement of the general condition of patients with dengue, confirmed by the prompt rise in platelet count. BUILDING A PROTOCOL FOR CONTROL OF THE EBOLA HEMORRHAGIC FEVER (EHF) The Dengue Hemorrhagic Fever has several points in common with the Ebola Hemorrhagic Fever, as found in the 7th edition (2006) of Bogliolo’s5 text: in hemorrhagic fevers from Ebola and Marburg viruses, autopsy shows disseminated skin, mucosa and visceral bleeding, with extensive areas of renal and hepatic necrosis. Throughout the pathophysiology of both diseases, coagulation disorders have important, decisive for the rapid evolution to cardio-circulatory collapse, multiple organ failure, shock and death. Important to note that recent studies using electronic microscopy have shown that liver inflammation is the rule and not the exception, in cases of dengue, covering all four sorotypes6. THE FOUNDATIONS OF HOMEOPATHIC MEDICINE APPROVED  BY ANVISA FOR DENGUE’S TREATMENT The protocol and technical report of the Health Board of Sà £o Josà © do Rio Preto were implanted in all BHU (Basic Health Units) in the city in February 2007.2 Thousands of doses of the medicine were dispensed with great adherence of the population. In 20072, despite the magnitude of this epidemic, only one patient died, she was a health professional, due to suspected acetaminophen intoxication. The homeopathic complex is a combination of three homeopathic remedies, Phosphorus, Crotalus horridus and Eupatorium perfoliatum, these first two are because of the hemorrhagic events, the last one is limited to dengue itself, to constitute the epidemic genius peculiar to cases of classic dengue fever, without complications. The Eupatorium had its pathogenetic trials conducted in 1846 by the American Academy of Homeopathy, from a plant in the eastern United States of North America, which was used by native Indians to treat break-bone-fever . Hahnemann was the one to accomplish in 1823, the pathogenetic experimentation of Phosphorus, in Germany (Dresden and Leipzig). He is the prototype of the treatment of hepatitis, confirmed in studies with experimental animals subjected to poisoning by carbon tetrachloride in laboratà ³rio7. And finally Crotalus horridus, made from a north-american rattlesnake’s venom in 1837, made by Constantine Hering, is the primary reference and one of the most effective remedies for profuse, generalized and rapidly developed hemorrhages. FINALLY FINDING THE MEDICINE FOR THE CONTROL OF  THE EBOLA HEMORRHAGIC FEVER Given to the extensive knowledge already accumulated and analyzing the features found in the EHF epidemic, it is evident that these same remedies, Phosphorus and Crotalus horridus, already tested and used in cases of hepatic dysfunction and bleeding in dengue, should be added to the remedie that represents the epidemic genius of Ebola Hemorrhagic Fever (EHF), a brazilian plant named Ipecacuanha. Thus, the Anti-Ebola Hemorrhagic Fever Homeopathic Complex, is the result of the combination of three remedies: Phoshorus, Crotalus horridus and Ipecacuanha. The Ipecacuanha is in the 1st list of 24 polychrests remedies established by Hahnemann and part of the group of the 60 major remedies used in Homeopathy8. According to the Treaty of Homeopathic Materia Medica9, the remedie is of maximum indication for acute disorders with nausea, copious bleeding of bright red blood from any orifice of the body, tightness in chest, cold sweats, facial pallor and little tendency to clot the bleeding. Prof. Michel Guermonprez10 highlights the relationship of this plant’s alkaloids with reflex nausea and drooling that always accompanies its symptomatic procession, bloody diarrhea (intestinal bleeding), cough and bronchial hypersecretion with blood (hemoptysis), severe headache and rapid evolution to weakness, with marked and rapid loss of vital forces, dehydration and shock. In the secular homeopathy practice, we find the option of using remedies in combination, and to ensure its effectiveness, we must follow the classical criteria, respecting the agreement of the general condition of the pathophysiological actions triggered by the isolated remedies and verified in animal or human experiments, in order to prevent antagonism and neutralization of the active ingredients of these remedies together, and thus ensure that the potentiation of its effects appear, as understanding of renowned authors such as Licà ­nio Cardoso, Helena Minin and Anna Kossak-Romanach, among others11. The key to find the correct medicine is to get as close as possible to the simillimum of the epidemic, in other words, what is the closest to the profile or individuation of the symptom picture of the epidemic, in its most frequent form and repeated manifestation, present in the greatest number of sick people at that period of time. We call this coincidence Similarity or Similitude Law, and that is the backbone of Homeopathy. The choice of potency or dynamisation comes after the determination of the most suitable medicine to control the epidemic and in this specific case of the EHF by gravity, magnitude and severity of the symptoms, is to be used in 15DH, as employed in the experimental work with animals and approved by ANVISA as explained above. INDICATION AND DOSAGE OF ANTI-EHF HOMEOPATHIC COMPLEX It should be clear that homeopathy is a complementary medicine to all actions already developed and used drugs, including antibiotics for bacterial complications, to stabilize the clinical condition of patients victimized by Ebola Hemorrhagic Fever (EHF). The indicated homeopathic remedies are prepared in combination, also known as Homeopathic Complex in a 30% alcohol solution, and 20ml bottles: PHOSPHORUS 15 DH + CROTALUS HORRIDUS 15 DH + IPECACUANHA 15 DH 1) doses for treatment of previously diagnosed and more severe cases: Administer 5 drops orally every 20 minutes until clinical stabilization of the patient, accompanying hemodynamic and laboratory parameters such as hematocrit, leukocytes and platelets, etc; 2) In the most stable cases: Keep 5 drops every 2 hours until clinical improvement, according to criteria such as general health, hydration, blood pressure, urinary flow, absence of bleeding and laboratory controls, such as leukocyte count and platelet count, hematocrit, etc; 3) Employment as a prophylactic: 5 drops administered orally twice daily (morning and evening), during the period of epidemic risk. Target audience: all susceptible population located in areas of occurrence of EHF. Renan Marino is Professor of FAMERP – Medicine School of Sà £o Josà © do Rio Preto, Master in Health Sciences and President of IHFL Homeopathic Institute Franà §ois Lamasson Ribeirà £o Preto, Sà £o Paulo, Brazil. BIBLIOGRAPHY 1) MARINO R, Jamal EM, Esteves Neto SH, Constantine A, Braguini VR. Emprego Profilà ¡tico da Homeopatia em uma Epidemia de Dengue. Pesquisa Homeopatica/ Homeopatia Esplorado 2003, 18 (2): 2-6. Work also presented at the 59  ° Panamerican Congress of Homeopathy Havana / Cuba, in 2003, from the experience at Cristo Rei neighborhood in Sà £o Josà © do Rio Preto; 2) MARINO R. Homeopathy and Health: The Case of Dengue Epidemics. Int J High Dilution Res [online]. 2008; 7 (25): 179-185. Available from: http://www.feg.unesp.br/~ojs/index.php/ijhdr/article/view/312/373; 3) NUNES LAS. Contribution of homeopathy to the control of an outbreak of dengue in Macaà ©, Rio de Janeiro. Int J High Dilution Res [online]. 2008; 7 (25): 186-192. Available from: http://www.feg.unesp.br/~ojs/index.php/ijhdr/article/view/315/374; 4) VIRIATO, E., OLIVEIRA, B., CARVALHO, J. C. Avaliaà §Ãƒ £o da toxicidade sub-crà ´nica do Medicamento Proden ®. Brazilian Homeopathic Journal v. 11, n. 1, p. 23 24, 2009; 5) BOGLIOLO, Luigi; BRASILEIRO FILHO, Geraldo. Patologia. 6 ed. Rio de Janeiro: Ed. Guanabara Koogan, 2000; 6) MIGOWSKI, E. Uso de Antità ©rmicos em Doenà §as Infecciosas Virais. Abbott booklet of Brazil, 2002; 7) Encyclopà ©die Mà ©dico-Chirurgicale: Vol II Homeopathie Ed Tecniques, Paris, 1960-1968,. 8) KOSSAK-ROMANACH, A. A Homeopatia em 1000 Conceitos. Sà £o Paulo. Ed. Elcid; 1984; 9) VIJINOVSKY, B. Tratado de Materia Medica Homeopatica, volum II, Buenos Aires.Ed. Albatros, 1981; 10) GUERMONPREZ, M. et al. Materia Medicale Homeopathique, 2nd ed, Doin Editeurs, 1985, France.; 11) POZETTI, G L. Complexos e Complexismos. Ribeirà £o Preto / SP: IHFL, 1993;

Differing Ideas of Herbert Hoover and Franklin Roosevelt on The Great Depression :: American History

The Great Depression: A look at Herbert Hoover and Franklin Roosevelt Hoover and Roosevelt had very different ideas on how the Depression should be handled. This was almost entirely a result of two integral differences in their lives. Hoover was a Republican, and had basically worked his way through life, while Roosevelt was not only a Democrat, he had basically been born with the proverbial silver spoon in his mouth. As one can easily see, in many ways these two are complete opposites. If one looks at both their upbringing and their political affiliation, it seems that Roosevelt's and Hoover's policies must have been different in a many ways. Hoover was brought up in a poor family, and worked almost his entire life. His father was a blacksmith and they lived in a small house. However, through hard work his father was able to move the family into a much bigger house soon after his birth. He learned early in his life the importance of self- reliance and hard work. In 1880 his father, Jesse, died and four years later his mother passed on. At age 11 he went west to Oregon to live with his Uncle. His uncle worked with him, and later became rich. Hoover had endured a great many hardships in his life, and knew what it was like to do without. With Hoover having and education and a past like his, one would think that he would know how to run the country like a business, so that it would stay afloat. But when confronted with the Depression, he repeatedly cut taxes. Hoover was basically a hard working Republican, and a self made man. He graduated as a mining engineer from Stanford. After capably serving as Secretary of Commerce under Presidents Harding and Coolidge, Hoover became the Republican Presidential nominee in 1928. He said then: "We in America today are nearer to the final triumph over poverty than ever before in the history of any land." His election seemed to ensure prosperity. Yet within months the stock market crashed, and the Nation spiraled downward into depression. Roosevelt, on the other hand, had been born into a very rich family. He grew up with education at Harvard and Columbia Law School, and had everything basically taken care of for him in his childhood by his mother. This gave him a sense of security, of being able to do anything he wanted, most simply because he didn't fail early on.

Analyzing Financial Statements

Analyzing Financial Statements Elizabeth Black HSM/260 October 16, 2011 Denise Lindley University of Phoenix Analyzing Financial Statements XYZ Corporation Years 2003/2004/2002 (Respectively Listed One Page after Another) 2003 Current Ratio| | | | | | | | | | | | | | | | | Current Ratio =| Current Assets| | $82,058. 00 | | | 0. 87| | | Current Liabilities| | $93,975. 00 | | | | | | | | | | | | | | | | | | | | | | Long-Term Solvency Ratio| | | | | | | | | | | | | | | | Long-Term Solvency Rate = | Total Assets| $359,863. 00 | | | 1. 39| | | | Total Liabilities| $259,979. 00 | | | | | | | | | | | | | | | | | | | | | Contribution Ratio| | | | | | | | | | | | | | | | | Contribution Ratio=| Largest Revenue Source| $632,889. 00 | | | 0. 51| | | Total Revenues| | $1,244,261. 00 | | | | | | | | | | | | | | | | | | | | | | Programs and Expense Ratio| | | | | | | | | | | | | | | | Programs/Expense Ratio= | Total Program Expenses| $865,692 | | 0. 66| | | | Total Expenses| | $1,316,681. 00| | | | | | | | | | | | | | | | | | | | | General and Management and Expense Ratio| | | | | | | | | | | | | | | | Total General and Management Expenses| $ 450,989| | 0. 4| | | Total Expenses| | | $1,316,681. 00 | | | | | | | | | | | | | | | | | | | | | Revenue and Expense Ratio| | | | | | | | | | | | | | | | Revenue/Expense ratio= | Total Revenues| | $1,244,261. 00 | | 0. 95| | | | Total Expenses| | $1,316,681. 00 | | | | | | | | | | | | Fund Raising/Expense Ratio| | | Total Fund-Raising Expenses| | | $79,888. 00| | . 06| (Note on this Page)Total Expenses $1,316,681. 00 (Please note), There is no category for fund raising expenses, so I took the figure in the â€Å"Other† column. 2004 Current Ratio| | | | | | | | | | | | | | | | Current Ratio =| Current Assets| | $302,902. 00 | | | 0. 90| | | Current Liabilities| | $337,033. 00 | | | | | | | | | | | | | | | | | | | | | | Long-Term Solvency Ratio| | | | | | | | | | | | | | | | Long-Term Solvency Rate = | Total Assets| $699,004. 00 | | | 2. 06| | | | Total Liabilities| $338,937. 00 | | | | | | | | | | | | | | | | | | | | | | Contribution Ratio| | | | | | | | | | | | | | | | | Contribution Ratio=| Largest Revenue Source| $1,078,837. 00 | | | 0. 51| | | Total Revenues| | $2,191,243. 00 | | | | | | | | | | | | | | | | | | | | | | Programs and Expense Ratio| | | | | | | | | | | | | | | | Programs/Expense Ratio= | Total Program Expenses| $1,410,312. 00 | | 0. 66| | | | Total Expenses| | $1,972,131. 00| | | | | | | | | | | | | | | | | | | | | General and Management and Expense Ratio| | | | | | | | | | | | | | | | Total General and Management Expenses| $ 561,818. 00| | . 29| | | Total Expenses| | | $1,972,131. 00| | | | | | | | | | | | | | | | | | | | | Revenue and Expense Ratio| | | | | | | | | | | | | | | | Revenue/Expense ratio= | Total Revenues| | $2,191,243. 00 | | 1. 11| | | | Total Expenses| | $1,972,131. 0 | | | | | | | | | | | | Fund Raising/Expense Ratio| | | Total Fund-Raising Expenses| | | $115,999. 00| | . 06| Total Expense $1,972,131. 00 2002 Current Ratio| | | | | | | | | | | | | | | | | Current Ratio =| Current Assets| | $104,296. 00 | | | 0. 75| | | Current Liabilities| | $139,017. 00 | | | | | | | | | | | | | | | | | | | | | | Long-Term Solvency Ratio| | | | | | | | | | | | | | | | Long-Term Sol vency Rate = | Total Assets| $391,270. 00 | | | 1. 26| | | | Total Liabilities| $310,246. 0 | | | | | | | | | | | | | | | | | | | | | | Contribution Ratio| | | | | | | | | | | | | | | | | Contribution Ratio=| Largest Revenue Source| $617,169. 00 | | | 0. 53| | | Total Revenues| | $1,165,065. 00 | | | | | | | | | | | | | | | | | | | | | | Programs and Expense Ratio| | | | | | | | | | | | | | | | Programs/Expense Ratio= | Total Program Expenses| $ 716,105. 20 | | 0. 6| | | | Total Expenses| | $1,185,008. 00 | | | | | | | | | | | | | | | | | | | | | General and Management and Expense Ratio| | | | | | | | | | | | | | | | Total General and Management Expenses| $ 468,903. 0 | | 0. 4| | | Total Expenses| | | $1,185,008. 00 | | | | | | | | | | | | | | | | | | | | | Revenue and Expense Ratio| | | | | | | | | | | | | | | | Revenue/Expense ratio= | Total Revenues| | $1,165,065. 00 | | 0. 98| | | | Total Expenses| | $1,185,008. 00 | | | | | | | | | | | | Fundraising /Expense Ratio| | | Total Fu ndraising Expense| | | $117,903. 00| | 0. 1| Total Expense $1,185,008. 00 Synopsis and Ratio Explanations It is very important for organizations to know how well they are doing financially when most efforts are being made to serve clients. It is easy to forget that pouring money into a problem will not fix it unless revenue flows continue or are increased and expenses are controlled. Some of the easiest computations can be made with information retrieved from balance sheets and income statements provided by accountants. Ratios such as the current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management expense ratio, fund-raising and expense ratio, and revenue and expense ratio can provide a picture of where a company stands now compared to where it was in past years and what may need to be done in the future. The current ratio gives a picture of the liquidity of an agency; the amount of cash and other assets which can be easily accessed for use to pay expenses. The current ratio is expected to be over 1. 0; if it is less, the agency may have problems meeting its obligations. In this scenario, each year the ratio has shown that XYZ is getting closer to 1. 0; 2002 reflected . 75, while by 2004 it has increased to . 90. This means that while it still may make it difficult to pay obligations, the situation has gotten much better. The purpose of the long-term solvency ratio is to provide insight on how well an agency will be able to pay their annual expenses as they come due. The result of the ratio should be at least 1. 0, but the higher the number the better; if it is less than 1. 0, the viability or likelihood of existence is questionable. (Martin, 2001) In 2002, a figure of 1. 26 was acceptable, but in 2004 it has risen to 2. 06; this is a good figure and shows that the organization is improving in its financial planning and will more than likely remain viable. The contribution ratio is used to show to what extent an agency is dependent upon their main funding source. It is best for an organization to have their revenues spread through many sources rather than becoming dependent on only one or two which may or may not fund them in the future. If the figure calculated is above . 5, the agency is overly dependent on one source of revenue. XYZ Corporation needs to look for more sources of funding. Their contribution ratio is . 53 for 2002 and has remained stable in 2003 and 2004 at . 51. While their dependence has dropped a little bit, they are still working in the danger zone. The programs and expense ratio is based upon a standard set by the National Charities Information Bureau (NCIB). This agency provides the standards which show whether or not a program is making or not making the grade as far as how much of programs expenses are in comparison to overall expenses. It is expected that this ratio be a minimum of . 60. In 2002, XYZ Corporation produced a ratio of . 60; in 2003 and 2004, this number raised to . 66. The beginning figure is acceptable, but the rise in ratios for 2003 and 2004 is even better. The general and management xpense ratio identified how much money is spent on administration of the agency in comparison to the total expenses. If the calculated figure is greater than . 35, the organization should begin to cut the costs related to administration. XYZ Corporation has consistently brought their administrative costs down. Beginning in 2002 this organization had a . 40 ratio, which is unacceptable; then in 2004 a figure of . 29 which is wel l within acceptable range. The fund-raising expense ratio basically tells how much money is being spent related to the total expenses in order to raise revenues to be used by the agency. A ratio of over . 15 is a sign that more money is being spent than necessary to raise the funds needed by the agency; this means that less can be spent for essential services. In 2002, XYZ Corporation’s ratio was . 1, which is within acceptable limits; in 2003 and 2004, they reduce their amount still farther to . 60. While this rate is very good, it is important to be aware that cutting this ratio too close may actually limit the revenues of the agency; some money needs to be spent to identify and court some funding sources or those potential revenues may be lost. The revenue expense ratio is a very important figure in understanding where an organization stands. This ratio informs the reader whether the agency is making money, losing money, or breaking even. It gives a starting point for making decisions about whether a program should continue, if it should be re-evaluated, or if it should be discontinued. The financial management team should be held accountable to the figures they produce and be able to explain shortfalls or positive changes. The acceptable figure for this ratio is 1. 0 or greater. In 2002, this agency had a ratio of . 8, which is just below acceptable. Through hard work it appears that they have raised this number to 1. 11. This is a big change and shows that XYZ is working to make their organization more stable. Overall, based on these figures, this corporation is taking positive steps towards making their agency viable, effective, and efficient. All of their ratios reflect movement towards acceptable levels and if history predicts future behavior, they will continue to grow and be able to provide services for their clients without fear of insolvency. They do need to work on getting more grantors instead of having one major source of revenue, but even now they have increased to two major donors. This in itself is a major accomplishment. XYZ Corporation Fixed Costs, Variable Costs, and Break-even Point Comparison of Years 2002, 2003, and 2004 (respectively) 2002 Fixed Costs for 2002 in Expenses: Rent and Utilities| $150,000. 00 | Telephone| $24,000. 00 | Management and other| $351,000. 00 | Total Fixed Costs| $525,000. 00| Variable Costs for 2002 in Expenses: Other Expenses $117,903. 00 Payroll and benefits| $417,004. 00 | Supplies| $125,101. 20 | Total Variable Costs$660,008. 20 Rounded to $660,008. 00 Per Appendix D What is the BEP for the program since we see that they were in the red for the year? Total Fixed Costs = $525,000 Total Variable Costs = $660,008 Revenue per Customer = Total Revenue/Total Customers $1,165,065. 00/5962 = $ 195. 42 Variable Cost per Customer = $660,008/5962 = $110. 70 BEP = Total Fixed Costs/ (Revenue per Customer – Variable Costs per Customer) BEP = $525,000/($195. 42 – $110. 70) = $525,000/ $84. 72 = 6196. 88Rounded to 6197 2003 Fixed Costs Rent and Utilities $150,000 Telephone 24,000 Management and Other 371,101 $545,101 Variable Costs Payroll and Benefits $520,069 Supplies 171,623 (rounded up the $. 77) Other Expenses 79,888 $771,580 Break-Even Point Total Fixed Costs = $545,101 Total Variable Costs = $771,580 Revenue per Customer = Total Revenue/Total Customers $1,244,261. 00/6821 = $182. 42 Variable Cost per Customer = $771,580/6821 = $113. 12 BEP = Total Fixed Costs/ (Revenue per Customer – Variable Costs per Customer) BEP = $545,101/($182. 2-113. 12) = $545,101/ $69. 30 = 7866Rounded to 7,866 because there is no way to have a partial person and at 7865, we will not make break-even. 2004 Fixed Costs: Rent and Utilities $150,000 Telephone 24,000 Management and other 445,819 619,819 Variable Costs: Payroll and Benefits $915,787 (rounded down) Supplies 320,526 (rounded up) Other Expenses 115,999 $1,352,312 Total Fixed Costs = $619,819 Total Variable Costs = $1,352,312 Revenue per Customer = Total Revenue/Total Customers 2,191,243/11,822 = $185. 35 Variable Cost per Customer = $1,352,312/11822 = $114. 39 BEP = Total Fixed Costs/ (Revenue per Customer – Variable Costs per Customer) BEP = $619,819/($185. 35 – $114. 39) = $619,819/70. 96 = 8,735Rounded to 8,735 Budgeting There are three basic types of budgeting which apply to human service organizations; line item, performance, and program budgets. Deciding which method will be best for a given agency depends on what information they wish to retrieve and from perspective they wish to look at revenues and expenditures. By listing the advantages and disadvantages of each method, a inancial management professional or Executive Director may make the appropriate decision on which format to use. Line budgeting is the most utilized budgeting method because it simplifies how money is allocated and how well each program is controlling expenditures. (Martin, 2001) Because of its simplicity, employees, financial managers and laymen can readily identify key pieces of information. Financial control is the basic purpose for this type of budgeting. Line item budgets are easy to prepare, easy to justify and easy to understand. They provide specific information as to where money is allocated and for what purposes. There are two major disadvantages to line item budgeting; lack of relationship between the budget, objectives, and the outcome of the program. The second disadvantage is that there is no real way to estimate what the future holds; line item budgets are always based on historical data which may not properly reflect the current situation. The purpose of â€Å"performance budgeting is to relate agency expenses to programs by determining (a) a program output (or unit of service) performance measure, (b) the total program cost, and (c) the cost per output of service. (Martin, 2001) The advantages to this type of budget program are similar to program budgets; with the difference being the concentration of quantity over quality. Being able to know how much a particular output costs gives managers a real picture how much is being spent to provide client services. If adjustments need to be made, they can do so as the program advances or declines in services rendered. This method addresses no t only how a budget will be broken down for departments, but also the efficiency of what departments are meeting their budgetary goals while serving the most clients (based on how outcomes are represented). Fixed costs are added into the budget line items. A disadvantage of performance budgets are that while they do show how many clients are services and at what cost, they do not concern themselves with quality. If quality of service is not a concern then it shows people as numbers, rather than as important beings we are supposed to serve. The other major disadvantage is that calculations can be difficult and require more computer input than the basic line-item type budget. While many calculations can be done by hand, many also need more complex programs to provide appropriate data. Program budgets are concerned with an agency’s activities rather than its expenditures. The cost per outcome is the main concentration of the financial manager and gives information about the success or failure of the program. This is perhaps the best type of budgeting for agency’s that need to know whether they should continue, reorganize, or discontinue their program. The major advantages to this type of budgeting are that it is easier to evaluate programs since costs are tied to results, priorities may be changed quickly and with a minimal amount of work, and programs are broken down into smaller, more manageable budget units. This type of budget concentrates of effectiveness, not just efficiency. The disadvantage is that it is difficult to get all to agree what an acceptable outcome will be for budgetary purposes. The fact exists that if an outcome is only defined as a specific ending, major positive changes in a client’s case may be overlooked as not an outcome. Another disadvantage is that the analysis can be time consuming and difficult. To understand the data which is produced, most people would have to have an accounting background or someone who can explain the reports to them. Fund-Raising—Traditional versus Non-Traditional Organizations from everywhere are begging for funding to keep their programs going and expand services they can offer to their clients. Traditional sources such as government grants, private donor grants (individual or corporate), annual support mailings, and the United Way may offer some assistance, but the reality is that money is a limited commodity and all agencies need more of it. While each type of traditional funding may allow only certain types of programs or projects which target specific groups based on acceptance criteria, there are others that give general funding. The process to receive these funds may involve grant writing, volunteers to send out mailers, and liaisons with other agencies; paperwork and attention to detail are very important in attaining these types of funding. Non-traditional methods arise from much different styles and perspectives. While the â€Å"chunks† of money may be smaller, they do have benefits that more traditional methods offer. We all hate telemarketers, but how would we feel about children from our church calling about a pizza sale to benefit their summer program? The pizzas could be bought in bulk under a discount program that companies offer and then picked up at the church on a given day. Most would probably spend money to help people they know earn money for a good cause. A second non-traditional method of fund-raising is to community rummage sale. Most people have lots of good â€Å"stuff† that they think has value, but have little time or inclination to have a yard sale. By donating these goods to an organization to sell at a community rummage sale, individuals may be given a donation credit on their taxes, clean out their garages, and help the agency make much needed money. Funds that are raised in this manner are not paperwork intensive (in fact, other than writing up posters, there is none) and funds are not required to be spent on an identified program or project. Conclusion After reviewing the financial documents and ratios of XYZ Corporation, it is clear that they are making solid business decision in how their money is spent and how revenue is raised. Most calculations show that their situation has improved since the initial reports of 2002. If history is any indicator of what will follow in the future, they should be able to sustain their growth and perhaps even expand. They have increased the number of clients served while at the same time keeping their budget under control. The only area that really needs improvement is the revenue dependency aspect of their budget. Being too dependent on one funder can spell disaster for any organization. XYZ has made headway in this department by getting the majority of their funds from two agencies instead of just one, but it would serve them to continue to diversify their revenue sources. Hopefully, this corporation will continue to provide quality services to their clientele far into the future and continue to remain solvent. References Martin, L. (2001). Financial management for human service administrators. Needham Heights, MA: Allyn & Bacon. Analyzing Financial Statements Analyzing Financial Statements Elizabeth Black HSM/260 October 16, 2011 Denise Lindley University of Phoenix Analyzing Financial Statements XYZ Corporation Years 2003/2004/2002 (Respectively Listed One Page after Another) 2003 Current Ratio| | | | | | | | | | | | | | | | | Current Ratio =| Current Assets| | $82,058. 00 | | | 0. 87| | | Current Liabilities| | $93,975. 00 | | | | | | | | | | | | | | | | | | | | | | Long-Term Solvency Ratio| | | | | | | | | | | | | | | | Long-Term Solvency Rate = | Total Assets| $359,863. 00 | | | 1. 39| | | | Total Liabilities| $259,979. 00 | | | | | | | | | | | | | | | | | | | | | Contribution Ratio| | | | | | | | | | | | | | | | | Contribution Ratio=| Largest Revenue Source| $632,889. 00 | | | 0. 51| | | Total Revenues| | $1,244,261. 00 | | | | | | | | | | | | | | | | | | | | | | Programs and Expense Ratio| | | | | | | | | | | | | | | | Programs/Expense Ratio= | Total Program Expenses| $865,692 | | 0. 66| | | | Total Expenses| | $1,316,681. 00| | | | | | | | | | | | | | | | | | | | | General and Management and Expense Ratio| | | | | | | | | | | | | | | | Total General and Management Expenses| $ 450,989| | 0. 4| | | Total Expenses| | | $1,316,681. 00 | | | | | | | | | | | | | | | | | | | | | Revenue and Expense Ratio| | | | | | | | | | | | | | | | Revenue/Expense ratio= | Total Revenues| | $1,244,261. 00 | | 0. 95| | | | Total Expenses| | $1,316,681. 00 | | | | | | | | | | | | Fund Raising/Expense Ratio| | | Total Fund-Raising Expenses| | | $79,888. 00| | . 06| (Note on this Page)Total Expenses $1,316,681. 00 (Please note), There is no category for fund raising expenses, so I took the figure in the â€Å"Other† column. 2004 Current Ratio| | | | | | | | | | | | | | | | Current Ratio =| Current Assets| | $302,902. 00 | | | 0. 90| | | Current Liabilities| | $337,033. 00 | | | | | | | | | | | | | | | | | | | | | | Long-Term Solvency Ratio| | | | | | | | | | | | | | | | Long-Term Solvency Rate = | Total Assets| $699,004. 00 | | | 2. 06| | | | Total Liabilities| $338,937. 00 | | | | | | | | | | | | | | | | | | | | | | Contribution Ratio| | | | | | | | | | | | | | | | | Contribution Ratio=| Largest Revenue Source| $1,078,837. 00 | | | 0. 51| | | Total Revenues| | $2,191,243. 00 | | | | | | | | | | | | | | | | | | | | | | Programs and Expense Ratio| | | | | | | | | | | | | | | | Programs/Expense Ratio= | Total Program Expenses| $1,410,312. 00 | | 0. 66| | | | Total Expenses| | $1,972,131. 00| | | | | | | | | | | | | | | | | | | | | General and Management and Expense Ratio| | | | | | | | | | | | | | | | Total General and Management Expenses| $ 561,818. 00| | . 29| | | Total Expenses| | | $1,972,131. 00| | | | | | | | | | | | | | | | | | | | | Revenue and Expense Ratio| | | | | | | | | | | | | | | | Revenue/Expense ratio= | Total Revenues| | $2,191,243. 00 | | 1. 11| | | | Total Expenses| | $1,972,131. 0 | | | | | | | | | | | | Fund Raising/Expense Ratio| | | Total Fund-Raising Expenses| | | $115,999. 00| | . 06| Total Expense $1,972,131. 00 2002 Current Ratio| | | | | | | | | | | | | | | | | Current Ratio =| Current Assets| | $104,296. 00 | | | 0. 75| | | Current Liabilities| | $139,017. 00 | | | | | | | | | | | | | | | | | | | | | | Long-Term Solvency Ratio| | | | | | | | | | | | | | | | Long-Term Sol vency Rate = | Total Assets| $391,270. 00 | | | 1. 26| | | | Total Liabilities| $310,246. 0 | | | | | | | | | | | | | | | | | | | | | | Contribution Ratio| | | | | | | | | | | | | | | | | Contribution Ratio=| Largest Revenue Source| $617,169. 00 | | | 0. 53| | | Total Revenues| | $1,165,065. 00 | | | | | | | | | | | | | | | | | | | | | | Programs and Expense Ratio| | | | | | | | | | | | | | | | Programs/Expense Ratio= | Total Program Expenses| $ 716,105. 20 | | 0. 6| | | | Total Expenses| | $1,185,008. 00 | | | | | | | | | | | | | | | | | | | | | General and Management and Expense Ratio| | | | | | | | | | | | | | | | Total General and Management Expenses| $ 468,903. 0 | | 0. 4| | | Total Expenses| | | $1,185,008. 00 | | | | | | | | | | | | | | | | | | | | | Revenue and Expense Ratio| | | | | | | | | | | | | | | | Revenue/Expense ratio= | Total Revenues| | $1,165,065. 00 | | 0. 98| | | | Total Expenses| | $1,185,008. 00 | | | | | | | | | | | | Fundraising /Expense Ratio| | | Total Fu ndraising Expense| | | $117,903. 00| | 0. 1| Total Expense $1,185,008. 00 Synopsis and Ratio Explanations It is very important for organizations to know how well they are doing financially when most efforts are being made to serve clients. It is easy to forget that pouring money into a problem will not fix it unless revenue flows continue or are increased and expenses are controlled. Some of the easiest computations can be made with information retrieved from balance sheets and income statements provided by accountants. Ratios such as the current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management expense ratio, fund-raising and expense ratio, and revenue and expense ratio can provide a picture of where a company stands now compared to where it was in past years and what may need to be done in the future. The current ratio gives a picture of the liquidity of an agency; the amount of cash and other assets which can be easily accessed for use to pay expenses. The current ratio is expected to be over 1. 0; if it is less, the agency may have problems meeting its obligations. In this scenario, each year the ratio has shown that XYZ is getting closer to 1. 0; 2002 reflected . 75, while by 2004 it has increased to . 90. This means that while it still may make it difficult to pay obligations, the situation has gotten much better. The purpose of the long-term solvency ratio is to provide insight on how well an agency will be able to pay their annual expenses as they come due. The result of the ratio should be at least 1. 0, but the higher the number the better; if it is less than 1. 0, the viability or likelihood of existence is questionable. (Martin, 2001) In 2002, a figure of 1. 26 was acceptable, but in 2004 it has risen to 2. 06; this is a good figure and shows that the organization is improving in its financial planning and will more than likely remain viable. The contribution ratio is used to show to what extent an agency is dependent upon their main funding source. It is best for an organization to have their revenues spread through many sources rather than becoming dependent on only one or two which may or may not fund them in the future. If the figure calculated is above . 5, the agency is overly dependent on one source of revenue. XYZ Corporation needs to look for more sources of funding. Their contribution ratio is . 53 for 2002 and has remained stable in 2003 and 2004 at . 51. While their dependence has dropped a little bit, they are still working in the danger zone. The programs and expense ratio is based upon a standard set by the National Charities Information Bureau (NCIB). This agency provides the standards which show whether or not a program is making or not making the grade as far as how much of programs expenses are in comparison to overall expenses. It is expected that this ratio be a minimum of . 60. In 2002, XYZ Corporation produced a ratio of . 60; in 2003 and 2004, this number raised to . 66. The beginning figure is acceptable, but the rise in ratios for 2003 and 2004 is even better. The general and management xpense ratio identified how much money is spent on administration of the agency in comparison to the total expenses. If the calculated figure is greater than . 35, the organization should begin to cut the costs related to administration. XYZ Corporation has consistently brought their administrative costs down. Beginning in 2002 this organization had a . 40 ratio, which is unacceptable; then in 2004 a figure of . 29 which is wel l within acceptable range. The fund-raising expense ratio basically tells how much money is being spent related to the total expenses in order to raise revenues to be used by the agency. A ratio of over . 15 is a sign that more money is being spent than necessary to raise the funds needed by the agency; this means that less can be spent for essential services. In 2002, XYZ Corporation’s ratio was . 1, which is within acceptable limits; in 2003 and 2004, they reduce their amount still farther to . 60. While this rate is very good, it is important to be aware that cutting this ratio too close may actually limit the revenues of the agency; some money needs to be spent to identify and court some funding sources or those potential revenues may be lost. The revenue expense ratio is a very important figure in understanding where an organization stands. This ratio informs the reader whether the agency is making money, losing money, or breaking even. It gives a starting point for making decisions about whether a program should continue, if it should be re-evaluated, or if it should be discontinued. The financial management team should be held accountable to the figures they produce and be able to explain shortfalls or positive changes. The acceptable figure for this ratio is 1. 0 or greater. In 2002, this agency had a ratio of . 8, which is just below acceptable. Through hard work it appears that they have raised this number to 1. 11. This is a big change and shows that XYZ is working to make their organization more stable. Overall, based on these figures, this corporation is taking positive steps towards making their agency viable, effective, and efficient. All of their ratios reflect movement towards acceptable levels and if history predicts future behavior, they will continue to grow and be able to provide services for their clients without fear of insolvency. They do need to work on getting more grantors instead of having one major source of revenue, but even now they have increased to two major donors. This in itself is a major accomplishment. XYZ Corporation Fixed Costs, Variable Costs, and Break-even Point Comparison of Years 2002, 2003, and 2004 (respectively) 2002 Fixed Costs for 2002 in Expenses: Rent and Utilities| $150,000. 00 | Telephone| $24,000. 00 | Management and other| $351,000. 00 | Total Fixed Costs| $525,000. 00| Variable Costs for 2002 in Expenses: Other Expenses $117,903. 00 Payroll and benefits| $417,004. 00 | Supplies| $125,101. 20 | Total Variable Costs$660,008. 20 Rounded to $660,008. 00 Per Appendix D What is the BEP for the program since we see that they were in the red for the year? Total Fixed Costs = $525,000 Total Variable Costs = $660,008 Revenue per Customer = Total Revenue/Total Customers $1,165,065. 00/5962 = $ 195. 42 Variable Cost per Customer = $660,008/5962 = $110. 70 BEP = Total Fixed Costs/ (Revenue per Customer – Variable Costs per Customer) BEP = $525,000/($195. 42 – $110. 70) = $525,000/ $84. 72 = 6196. 88Rounded to 6197 2003 Fixed Costs Rent and Utilities $150,000 Telephone 24,000 Management and Other 371,101 $545,101 Variable Costs Payroll and Benefits $520,069 Supplies 171,623 (rounded up the $. 77) Other Expenses 79,888 $771,580 Break-Even Point Total Fixed Costs = $545,101 Total Variable Costs = $771,580 Revenue per Customer = Total Revenue/Total Customers $1,244,261. 00/6821 = $182. 42 Variable Cost per Customer = $771,580/6821 = $113. 12 BEP = Total Fixed Costs/ (Revenue per Customer – Variable Costs per Customer) BEP = $545,101/($182. 2-113. 12) = $545,101/ $69. 30 = 7866Rounded to 7,866 because there is no way to have a partial person and at 7865, we will not make break-even. 2004 Fixed Costs: Rent and Utilities $150,000 Telephone 24,000 Management and other 445,819 619,819 Variable Costs: Payroll and Benefits $915,787 (rounded down) Supplies 320,526 (rounded up) Other Expenses 115,999 $1,352,312 Total Fixed Costs = $619,819 Total Variable Costs = $1,352,312 Revenue per Customer = Total Revenue/Total Customers 2,191,243/11,822 = $185. 35 Variable Cost per Customer = $1,352,312/11822 = $114. 39 BEP = Total Fixed Costs/ (Revenue per Customer – Variable Costs per Customer) BEP = $619,819/($185. 35 – $114. 39) = $619,819/70. 96 = 8,735Rounded to 8,735 Budgeting There are three basic types of budgeting which apply to human service organizations; line item, performance, and program budgets. Deciding which method will be best for a given agency depends on what information they wish to retrieve and from perspective they wish to look at revenues and expenditures. By listing the advantages and disadvantages of each method, a inancial management professional or Executive Director may make the appropriate decision on which format to use. Line budgeting is the most utilized budgeting method because it simplifies how money is allocated and how well each program is controlling expenditures. (Martin, 2001) Because of its simplicity, employees, financial managers and laymen can readily identify key pieces of information. Financial control is the basic purpose for this type of budgeting. Line item budgets are easy to prepare, easy to justify and easy to understand. They provide specific information as to where money is allocated and for what purposes. There are two major disadvantages to line item budgeting; lack of relationship between the budget, objectives, and the outcome of the program. The second disadvantage is that there is no real way to estimate what the future holds; line item budgets are always based on historical data which may not properly reflect the current situation. The purpose of â€Å"performance budgeting is to relate agency expenses to programs by determining (a) a program output (or unit of service) performance measure, (b) the total program cost, and (c) the cost per output of service. (Martin, 2001) The advantages to this type of budget program are similar to program budgets; with the difference being the concentration of quantity over quality. Being able to know how much a particular output costs gives managers a real picture how much is being spent to provide client services. If adjustments need to be made, they can do so as the program advances or declines in services rendered. This method addresses no t only how a budget will be broken down for departments, but also the efficiency of what departments are meeting their budgetary goals while serving the most clients (based on how outcomes are represented). Fixed costs are added into the budget line items. A disadvantage of performance budgets are that while they do show how many clients are services and at what cost, they do not concern themselves with quality. If quality of service is not a concern then it shows people as numbers, rather than as important beings we are supposed to serve. The other major disadvantage is that calculations can be difficult and require more computer input than the basic line-item type budget. While many calculations can be done by hand, many also need more complex programs to provide appropriate data. Program budgets are concerned with an agency’s activities rather than its expenditures. The cost per outcome is the main concentration of the financial manager and gives information about the success or failure of the program. This is perhaps the best type of budgeting for agency’s that need to know whether they should continue, reorganize, or discontinue their program. The major advantages to this type of budgeting are that it is easier to evaluate programs since costs are tied to results, priorities may be changed quickly and with a minimal amount of work, and programs are broken down into smaller, more manageable budget units. This type of budget concentrates of effectiveness, not just efficiency. The disadvantage is that it is difficult to get all to agree what an acceptable outcome will be for budgetary purposes. The fact exists that if an outcome is only defined as a specific ending, major positive changes in a client’s case may be overlooked as not an outcome. Another disadvantage is that the analysis can be time consuming and difficult. To understand the data which is produced, most people would have to have an accounting background or someone who can explain the reports to them. Fund-Raising—Traditional versus Non-Traditional Organizations from everywhere are begging for funding to keep their programs going and expand services they can offer to their clients. Traditional sources such as government grants, private donor grants (individual or corporate), annual support mailings, and the United Way may offer some assistance, but the reality is that money is a limited commodity and all agencies need more of it. While each type of traditional funding may allow only certain types of programs or projects which target specific groups based on acceptance criteria, there are others that give general funding. The process to receive these funds may involve grant writing, volunteers to send out mailers, and liaisons with other agencies; paperwork and attention to detail are very important in attaining these types of funding. Non-traditional methods arise from much different styles and perspectives. While the â€Å"chunks† of money may be smaller, they do have benefits that more traditional methods offer. We all hate telemarketers, but how would we feel about children from our church calling about a pizza sale to benefit their summer program? The pizzas could be bought in bulk under a discount program that companies offer and then picked up at the church on a given day. Most would probably spend money to help people they know earn money for a good cause. A second non-traditional method of fund-raising is to community rummage sale. Most people have lots of good â€Å"stuff† that they think has value, but have little time or inclination to have a yard sale. By donating these goods to an organization to sell at a community rummage sale, individuals may be given a donation credit on their taxes, clean out their garages, and help the agency make much needed money. Funds that are raised in this manner are not paperwork intensive (in fact, other than writing up posters, there is none) and funds are not required to be spent on an identified program or project. Conclusion After reviewing the financial documents and ratios of XYZ Corporation, it is clear that they are making solid business decision in how their money is spent and how revenue is raised. Most calculations show that their situation has improved since the initial reports of 2002. If history is any indicator of what will follow in the future, they should be able to sustain their growth and perhaps even expand. They have increased the number of clients served while at the same time keeping their budget under control. The only area that really needs improvement is the revenue dependency aspect of their budget. Being too dependent on one funder can spell disaster for any organization. XYZ has made headway in this department by getting the majority of their funds from two agencies instead of just one, but it would serve them to continue to diversify their revenue sources. Hopefully, this corporation will continue to provide quality services to their clientele far into the future and continue to remain solvent. References Martin, L. (2001). Financial management for human service administrators. Needham Heights, MA: Allyn & Bacon.