GRADUATE LETTER FOR ADMISSION Essay Example | Topics and Well Written Essays - 1000 words

GRADUATE LETTER FOR ADMISSION - Essay Example My inclinations in seeking after alumni considers had increased during my training as a manager of Hematology office in Alhada military clinic in Saudi Arabia. I have understood the dire need and interest for talented technologists, at my work place and different labs in creating areas. I accept, by increasing more information in Hematology and the executives abilities, I would be of more noteworthy assistance in the research facility medication field around the world, Saudi Arabia specifically. Other than refreshed aptitudes in the early finding of many blood related maladies, for example, iron deficiency, leukemia and so forth; better administration and authority abilities are significant in creating nations like Saudi Arabia. With the change of most research facilities to get accreditation of the school of American Pathologists (CAP) and other administrative organizations, the requirement for expert and far reaching administrative capacities in the creating nations are getting essential. This has set off the requirement for progressively refined information in the refreshed lab strategies, and quality control and quality affirmation ideas. At my last employment, I had the option to hold fast to the most noteworthy expert Laboratory principles, regardless of the way that I was working under various workplace, custom, and clothing regulation. It was exceptionally intriguing, testing and extraordinary learning experience. Notwithstanding foundation aptitudes and information in the clinical research facility science, my reasonable character, and receptive nature, made me effective director. A portion of my achievements incorporate, building and refreshing hematology department’s methodology manuals, assessment of new analyzers, sorting out and passing effectively the half-yearly investigation directed by of the school of American pathologists (CAP) and so forth. Through my activity, I have enormously improved my explanatory capacity and weight the executives methods. The procedure

Bureaucracy Essay Example | Topics and Well Written Essays - 750 words

Organization - Essay Example As per Weber’s Model there are six principle components in Bureaucracy: 1. Unmistakably characterized workplaces and specialists. 2. Progressive structure of workplaces. 3. Composed rules for execution of workplaces. 4. Office as a profession. 5. Obligations and specialists connected to positions and authority not to the people. Just method of correspondence between the workplaces is composed letters or archives. From these standards and ways effectiveness of people and workplaces are raised to an extraordinary worth. At last objective of association working effectively and adequately is achieved. The entire association depends on the idea of instrumentalism accepting associations as machine parts. These machine parts are subject to one another for more prominent productivity. More noteworthy the proficiency of one section or office more noteworthy will be the productivity of the other part or office reliant on initial segment or office; at last this entire situation will prom pt an incredibly effective apparatus of. Weber fought that positions in an association are to be filled based on specialized ability and information with respect to the field office is identified with. However, in down to earth world people holding authority positions in associations probably won't be acceptable actually and information on the field. Parson (Weber and Parsons, 1947) brought up the issue that, do individuals from an association need to follow arranges because of individual or position holding the power? This inquiry was not tended to in Weber’s model of associations. Parson brought up an issue; that if the choices are made by an individual having a less specialized capacity than in such case entire effectiveness of the association will be at stack. Gouldner (1954) highlighted a marginally extraordinary disarray present in the Weber’s model the similarity of one individual to obey request ought to be of the two essential reasons â€Å"Orders obeyed by i ndividual is because of reason that it will help in accomplishing a definitive objective of good efficiency.† Or; â€Å"Orders are complied with simply because of reason that they are given by the individual having more noteworthy authority.†Parson and Gouldner have distinguished significant logical inconsistencies that are available in the Weber’s model of hierarchical structure. Parson and Gouldner gave the premise of sociological investigations of authoritative structure. There are unintended outcomes because of conventional bureaucratic authoritative structure. These outcomes are surprising during the entire tasks of the association and results achieved after the ascent of these results are additionally very sudden This predicament of startling results because of human activities was tended to by Merton (1957). Merton’s investigation of â€Å"Bureaucratic personality† remains as an old style proclamation while discussing authoritative conduct an d prosperity related to it. As indicated by Merton people are so occupied in completing standards and guidelines prerequisites thus the genuine goal of the association is lost. This outcomes in inefficient outcomes for the association. Merton prompted that rules should be adaptable enough to demoralize any inefficient outcomes. Gouldners’ designs for mechanical organization incorporate ideas, for example, mock administration, delegate administration and discipline focused organization. Mock administration includes the guidelines which are once in a while implemented routinely and have nothing to do with the goal of the association. No-smoking principle is a case of such a case. Delegate Bureaucracy includes

Roman Life

Roman Life Hrm, ok. Lets pretend everything is seven or eight days ago so that I can write about this as if it happened last weekend. [Begin Time Travel] (^ one of my many talents surprise! And yet another something thats probably only offered at MIT.) Hey all, No school is perfect. At college and in high school, you get occasional weeks where things just dont line up properly; your workload is far more than youre used to or should be used to, and things hit you one after another. Last week, I had three midterm tests in three of my classes, and an essay due in my fourth class. All of this happened within four consecutive days. Ow. I got through it okay, and emerged at 6AM Saturday morning (okay, the essay was a small number of hours late. whoops) tired and ready for a break. At that point, Id already received most of my grades and was no longer thinking about the results of the tests; I was just concerned with relaxing for the weekend before diving back into the school routine. Fortunately, we had a three day weekend. What does this mean? It means its a Jewish holiday! Oh, wait, no it doesnt. I dont get those days off from school anymore. Okay, so its Columbus Day. Same thing, to non-Jewish me. (Sorry if I offended any of you devout Columbus followers with that last remark; hope you all had a great Columbus Day! Spoiler alert: he discovers America.) Ok, lets try that again: What does this mean? It means you have a long weekend in which to get away from MIT! (Something that all you young folk and eager applicants may not want to do, but probably will want very much once you get here. Everybody needs the occasional vacation from MITs ridiculous workload.) Since we knew a three day weekend was coming up, my friends and I tried to plan something fun and off campus. However, many people had fraternity retreats I think many of the fraternities had retreats that weekend. Lame, right? (Just kidding I have nothing against fraternities. However, I decided this year that joining a fraternity would not be a good fit for me.) Anyway, with all the fraternities away on retreats, all of us non-Greek-life students (hence the title; yeah, I apologize for that one) were stuck on campus. This left us with only one good option: make our own retreat! One advantage of being a local: I can go home to get things. Sometimes that means I can go home and grab my winter jacket and an extra pair of pants, but this weekend it meant I went home on Saturday night and borrowed the car. Meet Lucy, my wonderful 11-year-old Ford Explorer. Note: this picture is not from this weekend. (Fyi, the 1998 Ford Explorer is the best car ever made.) Somehow, on Friday night, we decided that we would go to Cape Cod on Sunday for a picnic on the beach. Cape Cod is one of Massachusetts more popular vacation spots, with a slew of beaches and overpriced stores. As a local, Ive been to the Cape a number of times, so I was confident that we could get down there and back in a day. After some asking around and browsing google maps, we decided on a trip out to Sandwich, MA for our mini-retreat. Saturday night we went to Shaws and bought food for our picnic. We ended up with a healthy helping of pasta, a sadly bimodal fruit salad (in which I imply that fruit is a continuous spectrum?), chips, salsa, and for dessert pumpkin bread and milanos. Add some apple cider and cream soda to the mix, stuff it into a small dorm-sized mini-fridge for the night, and youve got yourself a wonderful vacation in the making. Sunday morning we planned to leave at 9, which meant that we all woke up just before 9 and hit the road by 9:30; however, traffic wasnt bad and we still found our way down in about an hour. Christie, Michele, and Erin enjoying (or at least pretending to enjoy) our mid-October picnic on the beach. Dessert! This entry peters off a bit here, because we didnt do anything particularly exciting once we got to the beach; it was just relaxing, which was the point of the day. I, as an amateur photography dork, took some time to play around with my camera (the amazing Canon EOS 40D, for all you other nerds), leading to the artsy portrait shots below; other than that, we mostly ate, skipped rocks, and relaxed. It was as any good vacation should be relaxing, and not too much more. I took a lot of time taking pictures, so Ill just bombard you and let those speak for me. (The bloggers excuse to be lazy and fill up a lot of space) Artsy angles! Professional-like! Relaxing. Erin, thanks for the camerawork :) And then it was time to leave. Goodbye rocks, ocean, and awkwardly shaped birds (we had no idea what kind of birds they were). We made one stop on the way home; three or four minutes away was the Sandwich Glassblowing Museum (in fact, one reason for our choice of picnicing in Sandwich. It had nothing to do with the foody name of the place). I took a whole bunch of pictures, but showing you them would probably ruin the point of going to the museum its really visually impressive, and is a nice walk-through for $5. Id definitely recommend it. We skipped out on the glassblowing demonstrations that occur every hour on the hour, because wed all seen it before. Oh, score! A connection to MIT. I guess Im at least kind-of writing about the right thing here, right? Accidentally doing my job, lookit that. All of us were in the same FPOP Freshman Pre-Orientation Program. These programs bring students (I think over half the freshman class enrolled in FPOPs) to campus (or elsewhere, like Yellowstone any blogger in that one, want to write about it?) four or five days early for something a little like summer camp. For most of the day, youre with your FPOP. The FPOPs are led by a group consisting of faculty and students in a certain major, and it is their job to take a cadre of bright-eyed, bushy-tailed freshmen and to simultaneously introduce them to MIT and to a major. We all enrolled in the DMSE FPOP Discover Materials Science and Engineering (Course 3, since we number our majors here) which meant that our days were filled with tours of course 3 labs, lectures from famous course 3 professors (and an awesome grad student or two), explorations around campus, and excursions into Boston. One day, during our FPOP, we went down to MITs glassblowing lab for a demonstration: we got to see th em blow and roll beautiful glass pumpkins for their annual charity event. Following that, we got to try our hands at blacksmithing (gee, where have you heard about that before?) and metalcasting; all told, it made a very convincing case for course 3. Anyway, long story short, wed already seen a glassblowing demonstration and so decided not to hang around for another one in Sandwich. I bought a glass penguin. w00t. By 6:30pm, we were back on campus, and all promptly went back to our dorms to nap for several hours. The End. [End Time Travel] Also, note how I just barely manage to stay on the front page.

Mount Of Olives A True Believer - 1737 Words

For any true believer it would be a challenge to find another place on the face of earth that equals the experience of standing on the top of Mount of Olives overlooking the Jerusalem s Old City. The panoramic view that opens from this natural elevation is nothing short of stunning as City of David reveals itself sparkling under the bright sun in its splendor and glory. The spiritual power of this experience is undeniable. Something about seeing all these Holy places up and close makes you think about the presence of God and your place in this universe. The memory of the visit and affect it has on people is never forgotten. Mount of Olives (Har HaZeitim in Hebrew) is mentioned in the Bible multiple times as the place where the legendary events took place. The very first of those events was the rebellion of Absalom against his father king David described in 2 Samuel 15:30. After hearing about his son s treachery, the distressed king went up the ascent of Mount of Olives, and wept as he went up and his head was covered and he walked barefoot. To his concerned followers he said that God would deliver him. During the Temple period the high priest would walk through the Golden (Eastern) Gate and up to the Mount of Olives to sanctify the full moon or to sacrifice the unblemished red heifer. The sacrificed heifer would then be burned and its ashes mixed with a holy water were used for ritual purification. In the book of Zechariah, chapter 14, the Hebrew prophet isShow MoreRelatedThe Declaration Of The Requirements For The Completion Of Essay1509 Words   |  7 PagesGalatians 3:29 discusses the inheritors as those who already belong to Christ, according to Davis, â€Å"A New Testament understanding of the Abrahamic Covenant fully allows that faith not ethnicity defines the descendants of Abraham and New Testament believers are the â€Å"seed of Abraham.†2 The significance of Israel as a nation is purely from the perspective of God and representation of His divine nature. Romans 11:26 plainly states that above all â€Å"Israel will be Saved â€Å"now the question remains are weRead MoreThe Ten Virgins : A Parable Of Jesus Essay1808 Words   |  8 Pagesa sinner. According to the Introduction to Matthew in the Fire Bible: New International Version, the Gospel of Matthew was written around 60s A.D. When writing this gospel, Matthew wrote this gospel to be a narrative account of the good news and true story of Jesus Christ (1264). However, Matthew is not the only one of its kind. There are three more books like Matthew, and they are the Gospels of Mark, Luke, and John. With the likeness in the stories, the Gospels tend to have the same storiesRead MoreMy Prediction Of When Jesus Will Return3098 Words   |  13 Pagesgoing to look at today, Jesus describes His coming. He is still answering the disciples questions asked in Matt hew 24:3 As he sat on the Mount of Olives, the disciples came to him privately, saying, â€Å"Tell us, when will these things be, and what will be the sign of your coming and of the end of the age?† (Matthew 24:3, ESV) The setting is the Mount of Olives. The lessons are called the Olivet Discourse. The longest answer Jesus gave to any line of questioning. The first part of their question:Read MoreThe Day When Christ Will Return3273 Words   |  14 Pagesuncertainty is beneficial for our spiritual life.† Jesus is still answering the disciples questions asked in Matthew 24:3 As he sat on the Mount of Olives, the disciples came to him privately, saying, â€Å"Tell us, when will these things be, and what will be the sign of your coming and of the end of the age?† (Matthew 24:3, ESV) The setting is the Mount of Olives. The lessons are called the Olivet Discourse. The longest answer Jesus gave to any line of questioning. The first part of their question:Read MoreExploring Pilgrimage Essay2030 Words   |  9 Pages Earth. Jerusalem is a â€Å"must-go† place to Christian pilgrims. The Western wall is popular –Jesus would have known this. They also visit many of the places linked with the crucifixion and resurrection of Christ. They walk down the Mount of Olives. This is where Jesus entered Jerusalem riding on the donkey. Gethsemane is visited. This is where Jesus prayed after the last supper and where it is said he was arrested. Pilgrims walk the Via Dolorosa; the path took by Jesus with Read MoreThe Church of the Flying Spaghetti Monster2261 Words   |  10 Pageswithout being a True Believer of our scripture.  Ã‚   In other words, do you know Christians who don’t take the Bible literally – but who consider themselves True Christians, nonetheless?   So do I.   In fact, True Belief is not often a requirement of religion.  Ã‚   Most religions are comprised of a group of people with similar – but not exact – world views.   Pastafarianism is no different in that regard.† Next is the aspect involving myth. Here, we examine the storied that aren’t necessarily true scientificallyRead MoreThe New Testament : A Charismatic And Transformational Figure Essay2125 Words   |  9 PagesOn the contrary, the researchers argue that Peter denied Christ out of sheer weakness. Moreover, Peter’s inadequacies were manifested in the book of John 18: 10-11, where he cut off Malchus’s right ear. During Christ’s transfiguration on the Mount of Olives, Malchus approached Jesus, with the order to arrest him (Moloney, Francis Harrington 467). As Malchus was arresting Jesus, Peter, struck his right ear. Peter’s actions were a manifestation of his weaknesses. The Spiritual lessons manifestedRead MoreMy First Grade Teacher At The Age Of Five Years Essay2092 Words   |  9 Pagesstatement is his answer to the non-believers and scoffers who were harassing the Christians concerning the Lord’s promise to return to the earth. In effect, the troublemakers were questioning the intelligence of Christians for believing that Jesus would fulfill His promise to come again and they based their argument on the fact that it had been a long time since He promised to come back, and there were no signs whatsoever of His return. Then Peter told the non-believers that they were the ignorant onesRead MoreDifferences and Similarities Between the First and Second Coming of Jesus Christ3766 Words   |  16 Pagescoming was to stand in our place and receive the penalty exacted for sin. His Second Coming will defeat sin for all eternity. Perhaps no event in the history of the world has been more anticipated than the Second Coming. Every generation of believers including believers in the New Testament has strongly believed that Jesus would return in their lifetime. Some are mistakenly frightened that they have missed the Second Coming. Others doubt that if it will ever occur. A. Introduction The subjectRead MoreEssay on Pilgrimage /Christian, Muslim4247 Words   |  17 Pagesonce occupied by Jesus and his followers and recorded in the Bible. The Holy Land has been transformed and changed in accordance with the interpretations of Bible text. For example, the Site of Transfiguration was first on the Mount of Olives (AD 333) and was later moved to Mount Tabor (AD 348), while the tombs of Joshua and Jonah were duplicated and existed in competition with each other! The Bible served as a landscape and relic for ‘visible proofs’ of the existence of Jesus. Of course, there were

Industry profile - Free Essay Example

Sample details Pages: 14 Words: 4244 Downloads: 4 Date added: 2017/06/26 Category Statistics Essay Did you like this example? INDUSTRY PROFILE As the ethnic technology category is growing, cash-rich companies make a beeline for a share of the printer scanner market. Around _25 items are sold in India spanning various types, forms, textures, aromas, bases, sizes, shapes and fillings. Some 25 types of savories sell here and the overall scanner product market is estimated at_Rs.25,000 crore. The branded printer (size: 1200 Crores) is 40% of the total market (size: 3000 Crores), its bustling nevertheless. The branded segment is increasing at the rate of 25% per annum whereas the entire market is increasing at the rate of 7%. In the past 2-3 years the unbranded sector has witnessed a decline of 5% per annum. Don’t waste time! Our writers will create an original "Industry profile" essay for you Create order Indians_ seem to be scanner _one technology foods with vengeance. This _is good news for the corporate sector, given that the past few years have seen a_perceptible_shift towards the branded sector at the cost of the unbranded segment. The sector developing most rapidly is the scanner , including printer . Market leader isHPwith a 45 % market share LGhas _a 27% market share. The market is far from stable: recentlya computer manufacturer DELLjust_ announced to move into _the scanner market. Key weapon _in this war for the Indian_ technology _are the_ Indian flavors. Executive Summary Although_ common objective of all IMC program is increase brand awareness, sale and design a unique image of the _product in customers mind. To_ communicate among public and customers, we will_ advertise our product campaign on TV, magazine, online. Through the advertisement we want to design the brand image of our product into the customer mind. Besides advertisement, we will also carry out promotional_ activity such as public relation, direct marketing etc. Various printer company also organizes_ various events in order to communicate properly with customers. The Main purpose of this event was to increase the sale of scanner. Before designing IMC program the Company carried out market _research in order to judge customers behaviors toward their scanner packaged using. So that appropriate primary data can be collected for designing IMC strategy for Asky Scanner . Before designing integrated marketing communication program it is necessary to judge consumers_behavior toward the produc t. It is necessary to known customers liking and disliking, these data provide various support during designing of IMC program. Although there are various media available for communicating but Printads news paper and banner is seen most effective medium in the case of scanner planning strategy. After Research survey done by various scanner company, it has _been founded that business man respondents were more brand_ conscious than general people. There is particular_ brand _trend in among general people, but business man are conscious towards their business . long life and good techonology are the major attributes considered by customer while buying_scanner.Our Chips Company ASky which makes flavored scanner has come up with a new IMC plan for the new technology scanner product for the new region. North-East India is the target market in the segment Bihar and UP. In this report, we will further introduce ourselves and how we got started, internal and external situational analysis of our company, and why a new IMC plan is needed. HP is a strong competitor in the scanner industry and it is focusing on increasing the brand equity and profitability of companies focused on increasing their share in the scanner _market. Our mission is to make sure that our clients have the tools and information that they_ need to become successful in the scanner market. We have looked at the strengths and weaknesses_of the HP and CANON Company as well as the opportunities and threats and have included them in this IMC plan. ASKY SCANNER Company will use all IMC tools which will be best suited for flowing the message among the targeted people. Situation Analysis The average_annual sell of scanner is just 500 and that by urbanites is 10 times more than that by rural _consumers. This may be since_ most rural make these at home or buy from the Chine product that come in the unorganized market. Consumers from Western_ India are the leading scanner consumers, followed by the North. While the china product ethnic scanner industry_ is hugely diverse, has easy access to indigenous technology and involves low entry_ barriers, standardization of product quality and backward links to testing facilities are at woefully low levels. Naturally, opportunity is screaming from the rooftops. Cottage-industry-level players_offer themselves as suppliers to deep-pocketed marketers. The APEDA study states that though backroom operations dominate ethnic snacks, improper labeling, haphazard distribution_channels, storage problems and inadequate marketing efforts take their toll. Branded players, with their quality control systems and standardized raw material sourcing in place, can effectively _weed out those problems. One differential between _branded and _scanner is that of price (roughly 25 per cent), but thats not a perceptible bottleneck, say marketers. An aspect that leads to_quick movement of ethnic Chips is the consumption convenience or `consume anywhere-anytime_factor. It can be had with cocktails, at teatime, as props with regular use print and scan. Existing Competition The scanner market in India is very diverse largely comprising of an unbranded segment which comprises of china made_ scanner, local producer ,national and international product. However the branded segment has been increasing rapidly lead_ by the revolution carried out by market leaders HP and CANON. Other major_ players in the branded_market include: HP LG CANON New Product Idea Product is the most important part of the marketing mix. It signifies what you are going to sell to the consumer. A comprehensive analysis of the Industry and Our Market Survey has given us a platform on which our product can be built. Our product will be built for the masses, and expansion shall be gradual, to cater to the entire countrys needs. SCANNER is a product, which needs three important things: TECHONOLOGY Quality. LONG LIFE In the same order of significance we need to provide all three to our consumers. Ours is a Company whose Product shall stand for something every Indian craves for. We are entering a market already dominated by a number of branded and unbranded players. Customers are extremely loyal to the Chips they consume. So we thought about what would make these customers come to us? Thus, we came to the conclusion that HIGH QUALITY PERFOMANCE LONG LIFE WHITH ASKY This is our Unique Selling Proposition Telling the Performance themselves, that our Product can take care of your entire business, without a worry of long life or performance. asky scanner Scanner, which stands for good technology , tells you directly that our product has an exquisite quality which, is the best and unlike any other brand. High quality measures keeping in mind business use of the consumer and the materials we use for our product, we have our USP as having the goodness of good quality, which gives you the same quality . The Shelf Life of our product is 6-7 Months. ASKY Scanner will come in three different sizes: 1. HANDHELD SCANNER FIXED SCANNER POCKET SCANNER Marketing Mix Product Product is the most important part of the marketing mix. It signifies what you are going to sell to the consumer. A comprehensive analysis of the Industry and Our Market Survey has given us a platform on which our product can be built. Our product will be built for the masses, and expansion shall be gradual, to cater to the entire countrys needs. SCANNER is a product, which needs three important things: LONG LIFE Quality. Variation. In the same order of significance we need to provide all three to our consumers. Price Market Penetration Pricing means setting a low price for a new product entering the market in order to be able to persuade buyers to try the new product and to capture a large share of the market. We have chosen this strategy for ASKY PRINTER because although the market for branded SCANNER is growing at a very fast pace the competitors like HP and CANAN are well set with high market shares. Even though the consumers are not very price sensitive they are really Life and quality conscious. This will give us a base to penetrate the unbranded segment also. Place Our Plant setup would be in Patna and Hazipur, outside city limits, Bihar keeping in mind the supply of raw materials mainly consisting of Kolkata , Delhi .Delhi is the 1000 km and Kolkata . It would save our transportation cost since materials will be available in close vicinity and also since we are initially launching only in Bihar, and few towns and cities in other North-East States , it will make administration easier and closer, also we would be able to set up a firm distribution channel at a lower cost. Promotion Advertisements in the form of both outdoor and print media so that the consumers are informed about our product. Our outdoor campaign will be extensive and will be at all the prime locations in metros towns and other places. They will also be put up at Trains, Stations, Buses and Bus Stops and on the retail outlets itself. Print Ads will be published in leading newspapers and magazines. SWOT Analysis: Followings will be the Strengths, Weakness, Opportunities Threats of our Competitors against us, Asky scanner. Strengths: HP scanner It is a Trusted and dominant Market player, supplying the scanner. Large number of market. Large number of user Whoever you might ask, that person will know -HP-It is a Top of Mind Brand It is the Only National level scanner brand, available in 28 states of India. ASKY SCANNER We have an Intangible Product Differentiation, which is the HIGH QUALITY PERFOMANCE It shall play on the minds of the customer, who is the STUDENT, who wants to provide something for the his own use. Rather than focusing on a specific technology , we are providing 2 different branches of quality, namely, Weakness: HP SCANNER Customer impression of HP scanner having a Higher Price, than the local unbranded and regional players. It is a Family Run Business, it has been made professional for the past few decades; but, the business has now been divided between the 3 brothers, leading to a decline in value of the company, and co-operation between the 3 brothers is difficult. ASKY SCANNER We are new in the Market, and therefore difficlult to enter the minds of the consumers. Competition from established brands and regional players and therefore will have a difficulty in eating into the Market Share. Opportunities: HP SCANNER They have an opportunity to Improve Promotions, and expand their base, increase the Market Share. Getting an all new variety of Products that can eat Mkt. Share of Competition, . ASKY SCANNER : Expansion, new manufacturing facilites and emerge as a national supplier. Diversity into other Indian savories such as printer, LAPTOP, etc. New technology . Threats: HP SCANNER New entrants, such DELL, CANON Brand Equity, etc. ASKY SCANNER New entrants , such as DELL, CANON Brand Equity, etc. Communication objectives The main objective of my communication is that people recognise my product as brand. They prefer my product as good quality. Student and business conscious person prefer my brand. * They feel that good quality row material is maintained where it pass while manufacturing or storing. They think that this company also care for nature. Increase market share up to 15%. Increase sale by 50% in 6 month from thelaunch of public campaign. Create awareness among target audience. Use excessive advertising especially using media preferred by the target market.Create product belonging and position among buyers mind Communication budget The initial contribution of capital from the company would be Rs.12, 00,00,000 approx. that would be from personal contribution and loans from banks. This initial amount will be invested in buying of land to setup the factory, buying machineries, buying initial raw materials, hiring of workers and personnel setting up a distribution channel and offices in various states and promotion and advertisement. The companys sales target in the first year would be to sell 1, 00000 out of the 2, 00000 produced in the first year throughout Patna and Hazipur (Bihar) cities. Particulars Total Manufacturing Costs Cost Of Materials 52000000 Cost Of Labour 8000000 Power/Fuel 4000000 Wastage 1000000 Packaging 4000000 Research Development 1000000 Administrative Costs 5600000 _______________ Total 75600000 _______________ Promotion Costs Advertising (Radio,Newspapers,Magazines,Outdoors) 30000000 Sales Promotion (Air Tight Jars, Free Samples etc.) 20000000 Total 50000000 IMC Tool TV advertisement:-(fund allotment 2 crore) I will spend around 1 crore on tele-vision advertisement because it reaches to large population. In today scenario TV play very important role in making brand image. I will mainly advertise in channels watched by Student and business man. Paper advertisement 🙠 fund allotment 50 lakhs) I will spend around 50 lakhs on paper advertisement because it again reaches to large population. I will prefer my advertisement in local as well as national newspaper also. Because my maximum number of customers who are conscious business or who preferred good quality scanner. So my first choice will be that only. Radio advertisement:- (fund allotted-20 lakh) Today again radio trend is coming back due to improved quality of service because of entering of private players. And also today maximum mobile users buy mobile with inbuilt FM radio service. This service is mostly used by youngsters and mid age person, who are my potential customers. So advertisement on radio will also be in priority list. Magazine advertisement:- (fund allotted-20 lakh) Nowadays magazine has reached to mass population. Now magazines are coming according to person interest. For example person who are interested in sports for them sports magazine comes like auto, for business interest business today, business economy, 4p. I will prefer health magazines ,women preffered magzine, sports magazine. Bluetooth advertisement:- (fund allotted-20 lakh) I will also prefer Bluetooth marketing because it reaches only to interested customers so the chance of effectiveness is much more than any other media. Only disadvantage is that it can be done where Bluetooth server is established but this also benefit us because its effectiveness increase. In this customer get all the benefit in the form of video or picture so the effectiveness also increases. Banners advertisement:- (fund allotted- 50 lakh) I will also do banners advertisement because it influence consumer at the time of purchase. When customers go to buy product by seeing advertisement of my brand he will think that this is brand he will prefer, which is normal in our daily life. Hoardings advertisement:- (fund allotment-50 lakh) I will also go for hoardings near market, parks, tourist place, bus stand, railway station all the places where my potential customers go so that consumer recall my brand name all the times. And think that it is good brand. For promotion in event:- (fund allotment-30 lakh) I will also prefer promotion of any event which is related to health or sports. So that I can reached to my maximum customers and they recall me as good brand. Internet marketing:- (fund allotment-30 lakh) I will also do my advertisement on net because today maximum elite customers, business travellers, students and youngesters ( take all the information from internet) they all use the internet frequently. So it will very easy to reach them and get their feedback easily. Discount store:- (fund allotment-30 lakh) Today the discount store play very important role in selling this type of product so I will also go for discount store to sell my brand product. Discount stores like vishal mart, Mahraja Complex, bargin bazaar all they sell this type product. So I have to give them some special offer so that they prefer my brand. Consumer sale promotion tool:- We will apply following promotional tools increase sale. Price deal: -Price deal is temporary reduction in price of product. We will provide two type of price deal: cents-off deals and price-pack deals. Price deal will be is given at various times to stimulate purchase of Shoes. Coupon: A coupon is typically a printed certificate giving the bearer a stated price reduction or special value on a specific product, generally for a specific period. In this we will provide various people of coupon that contain various discount price So that customer get the advantage of this discount and purchase ASKY SCANNER at low price. Premium:We will provide offer of some gift or at bargain price to encourage customer buying. Trade sale promotion tool:- Objectives of Trade Sales Promotion of the asky will be:- Gain/maintain distribution Influence resellers to promote product Influence resellers to offer price discount Increase reseller inventory Defend against competitors Avoid reduction of normal prices There are various sale promotion tools which apply by the ASKY SCANNER that stimulate trade to promote company product. Trade Allowances:- In this we will provide short-term special allowances, discounts, or deals granted to resellers to stimulate reseller to rapid purchase of their product. Point-of-Purchase Display:- In this we are generally used at the retail level to call customer attention to a featured product. In this company employees observe every retail shop and that display more company product will be winner of special gift or prize. IMC strategies Advertisement strategy:- With help of our advertisement strategy our motive is to make people aware about our product and make a brand image in the mind of customers. Promotional Strategies:- By the help of Promotional strategy we will try, to change consumers buying behavior, to increase brand image, to increase profit, to increase sale of our product. We will apply two kind of sale promotion, one is directed toward consumer and other one is directed toward trade such as dealer, supplier, retailer etc. Push marketing strategy: By implementing push strategy we will make our product widely available and this will motivate to retailer to sell our product. Implementation of IMC strategy Advertisement strategy implementation :- As in detail above has been mentioned the budget for different medias which are to be used to achieve advertisement motive that is to make people aware about the products and make a brand image in the mind of customers. For this we will be giving our ads on Sony and star plus on TV, On radio our advertisement will be given on local channels like in radio mirchi and Print ad will be given on Times of India thrice in a month and for this expenses are to be made are mentioned above. Sales promotional strategy implementation: Our main target through this strategy is to attract more and more customers towards our product and we will use coupon schemes, occasional offers, and expertise assistance in big retail store. Budget and detail implementation has been mentioned above under heading of sales promotional tools for ASKY SCANNER. Implementation of push strategy: Through this strategy our objective is to make our products widely available and also capture enough space in retail shelves so that more and more customers can be attracted and also it will be increasing our sales because it will motivate to retailer to sale our product because of incentive and gifts. The Distribution Strategy: Every District (38 including Patna, Buxar and Nalanda) in Bihar would have 1 distributors each; in Patna, Buxar and Nalanda will have 4 each, Darbhanga will have 3 and the 5 cities ( Jamui, Saran, Siwan, Muzaffarpur and Gaya ) will have two each (5 distributors). A similar strategy to deploy distributors will be followed in other states as and when we expand. There would be 4 stockists in each district and 8 in Patna, Buxar and Nalanda, 3 in Darbhanga and 3 each in the 5 cities so that they can reach out to the maximum retailers in their cities and the neighboring areas. (166 stockists) Attempt to reach above 15,00 retailers in the first year. In India, today there are over 5 million retail outlets dispersed all over the country. Organized retailing, which has been now gaining momentum, includes large super market chains/ shopping malls, department Stores and Food Store. While small chain stores called Apna Bazaars and ASKY MARKET, which offer products at reasonable prices- have been Student popular in the metro and small city. Consumers are willing to pay a premium for convenience shopping. Thus, the relative share of grocers dropped. Printer outletson the other hand, have been expanding their product range to include high margin printer products. Panwallas are also emerging as full-fledged consumer product outlets. With the increasing number of retail outlets, the visibility of the products in the market increases and so does its availability. We would try to make the best of it by tapping these so that we can penetrate further into the market and also increase our sales. Other Methods of Distribution- One of our major methods will be to open our own stores in each of the major cities like Patna, Buxar, Nalanda , Darbhanga, Jamui, Saran, Siwan, Muzaffarpur and Gaya, by the end of three years. At-least two in each of the cities mentioned above. Marketing Strategy for Implementation: Market Segmentation Our market is segmented based on the following parameters: 1) Demographic Segmentation: A) Geographic Segmentation: During the initial stages our market will be limited to the boundaries of Patna,Bokaro and Nalanda(Bihar) and 5 cities across UP. The reasons for choosing only these 2 states are: We are a new company, and therefore, not known nationwide. Different states like Karnataka, Tamil Nadu, Andhra Pradesh, Haryana have varying tastes. To tap these markets we need to invest in R D and churn out new flavors catering to the needs of these markets. We have also decided that as per our future plans, if we have different plans for different regions of India, Distribution costs, etc. come down, and Economies of Scale increase. The small Market of Bihar and UP, can help us fight smaller regional players, and the unbranded segment. This in turn shall help us; establish ourselves as a known company, with a known Brand. Expanding nation-wide becomes simpler with the Brand Equity that shall be created. 2) Behavioral Segmentation: 1. Benefits: It is for users who want the goodness of good qualitys canner in the printerlong with long life and good quality. The small size shall benefit travelers, e.g. People traveling from home to office, or People who like to have something to munch while they are free. The large packets are lower in price and this makes it better for the entire business people. TARGETING: A scanner is a specific product. Therefore we are targeting the business man, we are not concentrating on any segment, age group or SEC in particular. We are targeting our customers based in Bihar and UP.Based on our expansion plans we will target other states in India. We will also try n tap some of the urban markets of Delhi, Punjab and West Bengal. Majority of consumers who like the Indian technology.. New users The Youth who shall switch to our Products due to our good quality. POSITIONING: PRODUCT TARGET CUSTOMERS BENEFITS VALUE PROPOSITION scanner Indian technology good quality who seek convenience, quality and long life. Long life .good price Good quality, New technology. Monitoring and Evaluation: After the planning phase implementation of the plan is equally important otherwise it will just be a plan and can never be transformed into an action. To implement the plan, it is necessary to capture peoples minds, hearts and spirit. For that that takes planning, diligence, testing, self-correction and collaboration .Implementing means documenting everything that must be done to go from the place that the organization is now to the new practice process or system that is now seen as the future state. Planning and documentation includes not just listing the action steps but also designing the work that can capture the understanding and interest of the implementers After the implementation phase comes the evaluation phase, in this phase the effectiveness of the proposed plan is measured. Evaluation is used to measure the success or failure of a change. To continuously monitor progress it is necessary to follow the well crafted strategy which is clearly understood by all so that they all can work towards fulfilling the desired goal. Tools such as balanced score card can also be used for this purpose or continuous feedback can be taken from the customers to monitor the quality and progress of the product so that if there are any shortcomings they can be identified and removed for overall customer satisfaction because the cost of retaining the existing customer is far less than making a new customer. Conclusion: As this is a a product of its own kind so there is lot of hope that this product will work in the Indian market and capture a larger portion of the Indian market within few years of its launching in the market. Also no such entry barriers are there in this field except some environmental regulations imposed by the government so the entry in the market will not be much difficult. Initial cost of launching the product will be more as huge amount will be required in the research and development for the superior quality, but once product will reach its growth stage it will earn a huge profit for the company. So we can say that this product will be huge success within few years of its launch. Recommendations: Launch this product early to gain the first mover advantage. Maintain the quality standards. Timely feedback from the customer about the quality of the product. Proper supply chain management so that the product reaches the end customers easily. Appropriate promotional strategies.

Chapter 4 Account Titles and Preparation of Financial Statements Free Essays

Chapter 4 : Account Titles and Preparation of Financial Statements| Article 14 : The balance sheet items shallbe categorized as follows: 1. Assets. (1) Current assets. We will write a custom essay sample on Chapter 4 : Account Titles and Preparation of Financial Statements or any similar topic only for you Order Now (2) Funds and long-term investments. (3) Property, plant and equipment. (4) Depletable assets. (5) Intangible assets. (6) Other assets. 2. Liabilities. Article 15 : Current assets mean unrestricted cash and cash equivalent, short-term investments, and other assets that are convertible to cash or expended within one year. Categorization and evaluation of current asset titles along with required explanatory notes are as follows: 1. Cash and Cash equivalent: cash on hand, deposits with banks, cash for revolving use, petty cash, and short-term and highly liquid investment that can be converted into a fixed amount of cash with interest fluctuation having small impact thereon, excluding those already set aside for use or restricted by law or contract; the account nature and required notes are as follows: (1) Non-demand-deposits with maturity over a year shall be specified. 2) Time deposits (including negotiable certificates of deposit) shall be reclassified as other assets if provided as lien for a long-term liability or as other current liabilities if provided as lien for a current liability, and shall be specified in the notes for the fact of collateralization. Refundable deposit shallbe classified as a current or other asset by the long- or short-term nature, and shall be specified in the notes. (3) Compensating balances shall be classified as current assets if arising from short-term loans, or reclassified as other assets or long-term investments if arising from long-term liabilities. 2. Short-term investment: defined as investment that is short-term; the nature of titles and evaluation thereof and the required explanatory notes are as follows: (1) Financial asset with change in fair value being recorded as gains or losses and financial asset available for sale shall be valued using the fair value on the balance sheet date; the fair value of listed or OTC stock and depository receipts indicate the closing price on the balance sheet date. 2) Financial assets which need to be sold within a short period of time, thus changing in fair value and incurring a gain or loss, must be reflected in the financial assets records or when determining how to measure the gains or losses, you decided on using fair value to reflect these changes in fair value, these figures must also be reflected in your financial asset records. 3) Financial asset available for sale shall mean the non-derivative financial assets other than the financial assets with change in fair value being recorded in to gains or losses, which financial assets are to be held until the date of expiry. 4) Short-term investments provided as a lien, collateral or refundable deposit shall be recorded as a short-term investment if the liability for such an investment is provided as a guarantee; if a short-term investment is provided as a guarantee for a long-term liability, such investments shallbe recorded as long-term investments. Facts regarding the guaranteeshall be specified in either case. 3. Hedging financial assets: defined as the financial assets set up in hedging accounting, which are used as effective hedging tools, shall be measured by fair value and divided into current and non-current according to the liquidity of the items to be hedged; non-current hedging financial liabilities shall be recorded as hedging financial liabilities under other assets. 4. Notes Receivable: defined as various notes which are collected by the business entity. The accounting nature, valuation and required notes are as follows: (1) Shall be valued at the present value, or may be valued at the face value if maturing within one year. (2) Notes receivable that were discounted or transferred to others shall be deducted and specified. (3) Notes receivable arising from operations shall be presented separately from those not arising from operations. 4) Large-sum notes receivable from related persons shall be presented individually. (5) Notes receivable that are provided as collateral shall be specified in the notes. (6) Notes receivable determined to be uncollectible shall be written off. (7) Notes receivable shall be valued at closing for the uncollectible amount, and any allowance for the uncollectible amount shall be properly provided and presented as the contra account of the notes receivable. 5. Accounts Receivable: defined as the claim of the business entity arising from selling goods or services; the accounting nature, valuation and required notes are as follows: (1) Shall be valued at the present value or may be valued at the book value if maturing within one year. (2) Large-sum accounts receivable from related persons shall be presented individually. (3) Unrealized interest revenues from installment sales shall be presented as the contra account of the accounts receivable. 4) Accounts receivable to be collected over one year, shall be specified in the notes for the amount of expected collection of each year. (5) â€Å"Designated Collateralized Accounts Receivable† shall be disclosed in the notes. (6) Accounts receivable that includes receivables from a long-term construction contract shall be presented and specified in the notes for the reserved portion that has been billed as it pertains to the construction account. Where the expected collection of the reserved amount runs past one year, the expected amount of collection for each year shall be specified in the notes. (7) Accounts receivable determined as uncollectible shall be written off. (8) Accounts receivable shall be valued at closing for the uncollected amount, and an allowance for the uncollectible amount shall be properly provided and presented as the contra account of the accounts receivable. . Other Receivables: defined as the receivables that do not belong to the categories of receivables in the preceding paragraph; the account nature, valuation and required notes are as follows: (1) Other receivables exceeding five percent of the sum of current assets shall be presented separately by nature or object. 2) Other receivables shall be valued at closing for the uncollected amount, and an allowance for the uncollected amount shall be properly provided and presented as the contra account of the receivables. Where the receivables are classif ied greater detail, , the allowance account shall also be presented accordingly. 7. Inventories: defined as merchandise or goods, either finished goods or by-products for sale in normal operations along with goods that are work-in-process to be sold upon completion, or raw materials or supplies used directly or indirectly in the production of goods (or services) for sale; the account nature, valuation and required notes are as follows: (1) Inventories shall be valued using the lower of cost or market price method. 2) Inventories with defect, damage or obsolescence causing an obvious decline in value shall be valued based on the net realizable value. (3) Inventories that are provided as lien or guarantee, whose usage is supervised by creditors, etc. shall be specified. 8. Prepayments: defined as various costs and expenses prepaid. With exception for funds required by contract for the purchase of fixed assets and construction funds for unfinished construction funds, which should both be categorized as fixed assets. 9. Other Current Assets: defined as current assets that do not belong to the previous seven categories of current assets. However, any of the previous categories of current assets, with the exception of cash, not exceeding five percent of the sum of current assets may be merged into other current assets. Article 16 : Funds and long-term investments are defined as the various funds set aside for operational purposes and long-term investments used by the business for special purposes; the account categories, valuation and required notes are as follows: 1. Funds: defined as assets provided for special purposes, including sinking funds, improvement and expansion funds, contingency loss funds and other related mutual funds. The resolution and implementation method on which appropriation of the funds is ba sed shall be specified. 2. Long-term Investments: defined as investments of a long-term nature, such as investment in other enterprises, purchases of long-term bonds or investments in real estate or other related investments; the account nature, valuation and required notes are as follows: (1) Long-term investments shall be specified for the valuation basis and shall be presented separately by nature. (2) The accounting handling of long-term equity investments valued by equity method shall follow the provisions of the Statement of Financial Accounting Standards No. announced by the Accounting Research and Development Foundation of the Republic of China (hereinafter referred to as the â€Å"Statement of Financial Accounting Standards†). (3) The accounting handling of long-term equity investments not valued by the equity method shall follow the provisions outlined in the Statement of Financial Accounting Standards No. 34. (4) Long-term investments that are provided as lien or subject to restrictions, limi tations, etc. hall be specified. (5) Long-term equity investments measured by cost means those who possess the following securities without material impact or the derivative products moving along with such securities and deliver through such securities: 1. Equity securities that are not traded at the stock exchange or not traded over the OTC. 2. Emerging stock. (6) Financial assets in held-to-maturity: defined as non-derivative financial asset with fixed or determined collection amounts and date of expiry, which business have aggressive intent and capability to hold until the date of expiry. Bond investments which are held until the date of expiry shall be measured by amortized cost; investments held until the date of expiry that expire within one year shall be recorded as a current asset. (7) Bond investments measured by amortized cost: defined as bond investment without the open quote of active market with fixed or determined collectable amount that meet the following conditions: 1. Not destined to be measured by fair value and the change of fair value being recorded as gains and losses. 2. Not destined to be available for sale. | Article 17 : Fixed assets defined as tangible assets which are provided for use in operations, not intended for sale, and used for more than one year; the account categories, valuation and required notes are as follows: 1. Land: defined as land or permanent land improvements used in operations; its valuation includes acquisition costs, land improvements of a permanent nature and increases in value from revaluation, etc. The estimated reserve provided for land value increment tax on the increase in value from revaluation shall be classified as a long-term liability. Land that is temporarily registered under the name of others, rather than that of the business entity itself, due to legal restrictions shall be disclosed in the notes and all safeguarding measures shall be specified. 2. Buildings: defined as self-owned building and structures and other accessory facilities; the valuation includes acquisition costs of the building and structures, capitalized expenditures after acquisition that extend the useful life or ervice potential of the asset, and increases in value from revaluation. 3. Machinery and Equipment: defined as self-owned machinery or shall be valued at cost and may be classified as fixed assets or intangible assets. Leasehold improvements must be depreciated or amortized reasonably and systematically without interruption based on its durable lifespan or lease term, depending which one comes first, then they can be transferred as a compensation in a rational and systemic method or share its cost. . Miscellaneous Fixed Assets: defined as the assets that do not belong to the previous five categories; the valuation includes acquisition costs and capitalized expenditures prior to acquisition which extend the useful life or service potential of the asset, thus increasing in value from revaluation. 7. Construction in Progress and Prepayment for Equipment: defined as construction operations that are in process or installations that are unfinished along with prepayments for purchases of fixed assets to be used in operations The valuation includes the costs incurred during the process of construction and installation. Fixed assets should be specified for the valuation basis and, if revalued, the date of revaluation and the amount of increase or decrease must also be specified. With the exception of land, other fixed assets, upon reaching an useable condition, shall be depreciated reasonably and systematically during each period without interruption with the depreciation method specified, and the depreciation shall be transferred by nature to expenses or indirect manufacturing costs of each period; the accumulated depreciation shall be presented as the contra account of the fixed asset. Fixed assets with no operation value shall e regarded as other assets below the net realizable value or book value. The cost and accumulated depreciation of the assets that have no net realizable value must be written off and the difference shall be recognized as a loss. A fixed asset that is still in use after its service life shall be depreciated based on the salvage value. Fixed assets that are provided as guarantee, mortgage, collateral, etc. shall be specified. Article 18 : Depletable assets are defined as natural resources whose value decreases after extraction, cuttin g or other means of alteration; the account valuation and required notes are as follows: 1. Depletable assets shall be recorded according to the exact cost of acquisition, exploration and development. 2. Depletable assets should be specified for the valuation basis and, if revalued, the date of revaluation and the amount of increase should be specified. . Depletable assets shall be depleted reasonably and systematically each period without interruption within the estimated extraction or useful life with the depletion method specified. The depletion shall be transferred to inventories or cost of goods sold. The accumulated depletion shall be presented as the contra account of the depletable asset. 4. Depletable assets that are provided as guarantee, mortgage, collateral, etc. shall be specified. Article 19 : Intangible assets are defined as assets of economic value but without physical existence; the account categories, valuation and required notes are as follows: 1. Trademarks: defi ned as trademarks that are legally acquired or purchased; the valuation thereof shall use the unamortized cost. 2. Patents: defined as patents that are legally acquired or purchased; the valuation thereof shall use the unamortized cost. 3. Copyright: defined as the rights to publish, sell or perform the original or translated work of literature, art, academe, music, movie, etc. the valuation thereof shall use the unamortized cost. 4. Computer Software: defined as computer software purchased or developed for sale, rented or marketed by other means; the valuation thereof shall use the unamortized portion of costs of purchase or costs incurred from the establishment of technological feasibility to the production of product masters. The costs incurred prior to the establishment of technological feasibility shall be expensed as research and development costs. . Goodwill: defined as the goodwill acquired at a given price; the depreciation test shall be conducted annually. Recognized goodw ill impairmen cannot be reversed. 6. Organization Costs: defined as the necessary costs incurred for organizing a business entity during its startup period. Organization costs shall be valued at the unamortized cost. Self-developed intangible assets that cannot be clearly identified, as goodwill, shall not be recognized as assets. Research expenditures and development expenditures, with the exception of commissioned research where the costs can be totally recovered according to contract, must be regarded as an incurred expense. However, development expenditure meeting the following requirement can be capitalized; the amount of capitalization cannot exceed the estimated present net income value on future recovery, the present value for estimated future income post subtraction of recurring research, development expenditure, production cost and marketing expenses: 1. Technical viability has been made possible to complete such intangible asset. 2. Business entities intend complete such intangible asset and put it out for use or sale. 3. Business entities are capable of using or selling such intangible asset. 4. There exists a specific market encompassing intangible assets or its products; such intangible asset for internal use shall possess useful qualities. 5. Business entities have sufficient technology, finance and other resources to complete such development project and use or sell such intangible asset. 6. Expenditures that are regarded as such intangible asset during the development period can be reliably measured. Intangible assets shall be specified for the valuation basis; those whose duration of economic benefit can be reasonably estimated shall be reasonably and systemically amortized over the years of useful life. The length of amortization and method of calculation shall be specified. Intangible assets without clear economic benefit cannot be amortized. | Article 20 : Other assets are defined as assets that do not belong to the previous five categories of assets and whose collection or liquidation extends over one year; the account categories, valuation and required notes are as follows: 1. Assets Leased to Others: defined as the self-owned assets that are leased to others by a business entity whose main business is not investment or leasing. . Idle Assets: defined as assets that are currently not being used in operations. Idle assets shall be valued at the net realizable value. 3. Refundable Deposit: defined as the cash or other assets provided to others for the purpose of guarantee. 4. Long-term Notes, Accounts and Overdue Receivables: defined as the notes, accounts and overdue receivables whose date of collection has ran over one year. Long-term notes and account receivables shall be valued at the present value and overdue receivables shall be valued at the net realizable value. 5. Deferred Assets: defined as the incurred expenses whose benefits last for more than one year, which must be borne by future periods. Deferred assets shall be valued at the unamortized cost. 6. Miscellaneous Assets: defined as other assets that do not belong to the previous five categories of other assets. Overdue receivables of a material amount shall be presented individually, overdue occurrences must be stated specifically including reason and amount of uncollectible allowance provided. Other assets exceeding five percent of the sum of total assets shallbe separately presented by nature. | Article 21 : Current liabilities are regarded as liabilities that are to be settled by use of current assets or other current liabilities within one year. The account categories, valuation and required notes for current liabilities are as follows: 1. Short-term Borrowings: defined as the sum of money that is borrowed or is an overdraft from a financial institution or another party and is to be repaid within one year or one operating cycle; the valuation and required notes are as follows: (1) Shall be valued at the present value. (2) Shall be specified by type or nature, guarantee situation and interest rate range of the borrowings, and, if collateral is provided, the name and book value of the collateral. 3) Borrowings from financial institutions, owners, employees, related persons, and other persons or institutions shall be separately specified. 2. Short-term Notes and Bills Payable: defined as the short-term notes and bills issued through a commissioned financial institution for the purpose of obtaining funds from the money market, including commercial paper payable and bank acceptances, etc. the valuation and required notes are as follows: (1) Shall be valued at the present value; discounts on short-term notes and bills payabl e shall be presented as the contra account on the short-term notes and bills payable. (2) Shall be specified for the guarantee, institution of acceptance and interest rate, and if collateral is provided, the name and book value of the collateral. 3. Other Financial Liabilities: defined as liabilities meeting one of the following conditions: (1) financial liabilities at fair value according to the income statement should be recorded as gains and losses indicating the financial liabilities to be bought back within a short period of time or financial liabilities assigned to be measured by fair value at original recording with change in fair value being recorded as profit and loss. 2) Hedging Financial Liabilities: defined as the financial liabilities destined by hedge accounting which are effective hedging tools, and shall be measured by fair value and divided into current and non-current according to the liquidity of the items to be hedged; non-current hedging financial liabilities shall be recorded as hedging financial liabilities under other liabilities. 4. Notes Payables: defined as the various notes payable by the business entity; the valuation and required notes are as follows: (1) Notes payables shall be valued at the present value, or may be valued at the face value if due within one year. (2) Notes payables arising from operations shall be separately presented from those not arising from operations. (3) Notes payable of a material amount to related parties shall be presented individually. 4) Notes payable with collateral provided shall be specified for the name and book value of the collateral. (5) Notes payable that are used as security and can be recovered for cancellation at the termination of guarantee responsibility may not be presented as current liabilities, but shall be specified in the notes to financial statements for the nature and amount of the guarantee. 5. Accounts Payable: defined as the various accounts payable by the business entity; the valuation and required notes are as follows: (1) Shall be valued at the present value, or may be valued at the book value if due within one year. (2) Accounts payable arising from operations shall be separately presented from those not arising from operations. (3) Accounts payable of a material amount to related parties shall be presented individually. 4) Accounts payable with collateral provided shall be specified for the name and book value of the collateral. 6. Income Tax Payables: defined as the estimated income tax to be paid based on the taxable income. 7. Other Payables: defined as any of the payables that do not belong to the previous categories of payables, such as other tax payables, salary payables, etc. ; the valuation and required notes are as follows: (1) Shall be valued at the present value, or may be valued at the book value if due within one year. 2) Dividend and bonus payables whos e appropriation method and expected payment date are determined must be disclosed. (3) If paid amount exceeds 5% of total current liabilities, records must indict the nature of the transaction or the parties involved in the transaction. 8. Advance Receipts: defined as various sums of money received in advance. Advance receipts shall be presented separately by major category with special contract items specified. 9. Other Current Liabilities: defined as current liabilities that do not belong to the previous eight categories. However, any of the previous eight categories of current liabilities not exceeding five percent of the sum of total current liabilities may be merged into other current liabilities. | Article 22 : Long-term liabilities mean liabilities whose payment deadline exceeds one year or one operating cycle, whichever is the longer; the account categories, valuation and required notes are as follows: 1. Corporate Bonds Payable: defined as debentures issued by an issuer; the valuation and required notes are as follows: (1) Company bonds shall be valued at the face value adjusted for the unamortized premium and discount; the premium and discount shall be reasonably and systematically amortized as the adjustment of interest expense over the periods where the bonds are outstanding. 2) The approved total amount, interest rate, maturity date, name of the collateral, book value, place of issue and other covenants of bonds issued shall be specified in the note. (3) Where the bonds issued are convertible bonds, the conversion method and the amount already converted shall be specified. 2. Long-term Loans Payable: defined as the loans payable whose repayment deadlines is xceeds one year; the valuation and required notes are as follows: (1) shall be valued at the present value. (2) The content, maturity date, interest rate, name of the collateral, book value and other covenants of shall be spec ified. Where the repayment of long-term loans payable is denominated at a foreign currency or is based on a foreign currency exchange rate, the name and amount of the foreign currency shall be specified. 3) Long-term borrowings from owners, employees or related persons shall be separately specified. 3. Long-term notes and accounts payable: Mean the notes payables, accounts payables, etc. whose payment deadline exceeds one year. Long-term notes payable and other long-term accounts payables shall be valued at the present value. 4. Preferred stock liability: defined as the issuance of preferred stock of the nature of financial liability in compliance with No. 6 Bulletin of the Financial Accounting Standard. | Article 23 : Other liabilities are liabilities that cannot be classified as current or long-term liabilities; the account categories are as follows: 1. Deferred Liabilities: defined as deferred revenues, deferred income tax liabilities, etc. 2. Deposits Received: defined as the ca sh or other assets received from customers for the purpose of assurance. 3. Miscellaneous Liabilities: defined as other liabilities that do not belong to the previous two categories. Other liabilities exceeding five percent of the sum of total liabilities shall be presented separately by nature. | Article 24 : Capital defined as the capital brought into the business entity by the o wner and registered with a competent authority; however it does not include preferred stock of liability nature; the items that shall be specified in the notes are as follows: 1. The kinds of capital, face value per share, number of shares authorized, number of shares issued and special conditions shall be specified. 2. Convertible preferred stock and global depository receipts shall be specified for the place of issue, method of issue and conversion, amount already converted and special conditions. | Article 26 : Retained earnings or deficit meaning the equity resulting from business operations; the account categories are as follows: 1. Legal Reserve: defined as the reserve appropriated from earnings according to Company Law or other related regulations. 2. Special Reserve: defined as the reserve appropriated from earnings according to regulations or the resolution of earnings distribution for the purpose of restricting the distribution of earnings as dividends or bonus. 3. Retained Earnings-Unappropriated or Accumulated Deficit: defined as the earnings that have not been appropriated or the deficit has not been offset. The appropriation of retained earnings or the offsetting of deficit shall only be recorded in the book with the consent of the business owner or a mutual resolution among the stockholders. Proposals for the appropriation of earnings or the offsetting of deficit shall be specified in the notes to the current period financial statements. | Article 28 : The categories of items in the income statement are as follows: 1. Operating Revenue. 2. Operating Costs. 3. Operating Expenses. 4. Non-operating Revenues and Expenses, Other Income (Expense). 5. Income Tax 6. Gains and Losses of continuing operating department. 7. Gains and Losses of discontinuing department 8. Extraordinary Gains and Losses. 9. Cumulative effect of changes in accounting principles 10. Current period net income (or net losses)| Article 29 : Operating revenue refers to the revenue earned in the normal operation of selling goods or services provided in the current period; the account categories, valuation and required notes are as follows: 1. Sales Revenue: defined as the revenue earned from selling goods. Sales returns and allowances shall be presented as a contra account of sales revenues. 2. Service Revenue: defined as the revenue earned from providing services. 3. Agency Revenue: defined as the revenue earned from compensation for an intermediary, agency or commissioned work. 4. Other Operating Revenue: defined as other revenue that does not belong to the previous three categories. Article 30 : Operating costs refers to the costs that are borne for selling goods or providing services in the current period; the account categories, valuation and required notes are as follows: 1. Cost of Goods Sold: defined as the original cost of goods sold or the manufacturing costs of products sold. Purchases returns and allowances shall be presented as a contra account of purchases costs. 2. Services Costs: defined as the costs that are borne from providing services. 3. Agency Costs: defined as the costs that are borne from an intermediary, agency or commissioned work. 4. Other Operating Costs: defined as the costs that are borne from other operating revenues. | Article 31 : Operating Expenses refers to the expenses that are borne from selling goods or providing services in the current period; operating costs and expenses that cannot be separately presented may be merged into operating expenses. | either non-operating or expense indicating extraordinary losses. Article 33 : The income or losses from continuing operations refer to both operating and non-operating revenue. Net operating expenses and non-operating expenses, of which shall be presented separately according to the pre-tax amount, including income tax expenses or benefits, and post-tax amount. | Article 34 : The gains or losses from discontinued operations refers the income gained or monies lost due to business operations, along with disposition gains or losses and the gains and losses me asured by the net fair value. For discontinued operations completing the disposition within the current year, records shall be made using the net after-tax amount indicating a gain or loss in disposable income;; for discontinued operations that do not complete disposition within the current year, the net asset thereof must be valued using the face value or net fair value which ever is lower; if the net fair value is lower than the face value, net fair value shall be recorded to indicate such a loss so as to off-set the face value of the net asset from the discontinued operations; if the net fair value recovers, recovered gains can be recognized within the scope of losses originally measured by net fair value. The gain or loss from discontinued operations shall be presented as net income, following the item of the post-tax income or loss from continuing operations. Article 35 : Extraordinary gains and losses refer to any unusual or infrequent occurrence which shall be presented net form, , following the item of th e gain and loss from discontinued operations. | Article 36 : The cumulative effect of changes in accounting principles shall be presented as a net change, following the item of the extraordinary gain and loss. | 3. Retained earnings or deficit should include the following content: (1) The beginning balance. (2) The prior period net income or loss adjustment. (3) The current period net income or loss. (4) The appropriation of legal reserves and special reserves, distribution of dividends, etc. (5) The ending balance. 4. The beginning balance, the changes of the items and the amount during the current period, and the ending balance of the unrealized loss on market value decline of financial products. 5. The beginning balance, the changes of the items and the amount during the current period, and the ending balance of the unrealized revaluation increments. 6. The beginning balance, the changes of the items and the amount during the current period, and the ending balance of the cumulative translation adjustment. 7. The beginning balance, the changes of the items and the amount during the current period, and the ending balance of the treasury stock. The respective income tax expense or benefit shall reflect the itemsArticle 39 : The statement of cash flows must present a summary of information specifying all cash receipts and expenditures incurred by the business entity during a specific period; preparation and presentation of the statement of cash flows shall follow the Statement of Financial Accounting Standards No. 17. | Article 40 : The following subsequent events that occur after the balance sheet date but before the issuance of financial statements shall be specified in the notes to the financial statements: 1. Changes in capital structure. 2. Significant long- or short-term borrowings. 3. Additions, expansion, construction, leasing, abandonment, idleness, sale, collateralization, transfer or long-term renting of major assets. 4. Significant changes in productive capacity. 5. Significant changes in production and sales policies. 6. Major investments in other businesses. 7. Losses on catastrophic disasters. 8. The proceeding or settlement of important lawsuits. 9. The signing, fulfillment, cancellation or voiding of important contracts. 10. Important organizational adjustments and significant reforms in management systems. 11. Significant effects resulting from changes in government regulations. 12. All other important events and measures that will affect the financial position, results of operations and cash flows in the future. | Direct materials used| | | Beginning raw materials inventory| $ 6,200| | Add: Cost of raw materials purchased| 49,400| | Total raw materials available| 55,600| | Less: Ending raw materials inventory| (5,800)| | Total raw materials used| | $ 49,800| Direct labor| | 125,600| Manufacturing overhead| | | Indirect materials| 4,100| | Indirect labor| 43,700| | Depreciation—factory building| 9,500| | Depreciation—factory equipment| 5,400| | Insurance—factory| 12,000| | Property taxes—factory| 4,500| | Total manufacturing overhead| | 79,200| Total manufacturing costs| | 254,600| Add: Beginning work-in-process inventory| | 10,20| | | 264,800| Less: Ending work-in-process inventory| | (9,800)| Cost of goods manufactured| | $255,000| How to cite Chapter 4 : Account Titles and Preparation of Financial Statements, Essay examples

Character Analysis

Character Analysis-Tell Tale Heart Essay Steven Schwartz Rockland Community College The short story can produce many different types of characters. Usually, these characters are faced with situations that give us an insight into their true character. In the Tell Tale Heart, a short story written by Edgar Allen Poe, the narrator of the story is faced with a fear. He is afraid of the Old Mans Eye. The actions that this narrator performs in order to quell his fear can lead others to believe that he suffers from some sort of mental illness. He talks as if he is in frenzy, especially when he talks about hearing things in heaven and in hell. The disease had sharpened my sensesAbove all was the sense of hearing acute. I heard all things in the heavenI heard many things in hell. (Kennedy Gioia, 34) The disease that the narrator is talking about eats away at his conscience until I made up my mind to take the life of the old man, and thus rid myself of the eye forever. (Kennedy Gioia, 34) The progression of the story revolves around the actions of the narrator. He describes the wise ways in which he prepares himself to commit this deed. The way the narrator stalks the old man the whole week before he kills him can be evidence of a problem. Every night he would watch the old man sleep. He found comfort in knowing that the eye was not watching him, that it could not see the true evil within his soul. While the eye was closed, so was the idea of killing the old man. It is not until the old man awakens each day that the struggle within is apparent. This may be the reason why the narrator is so obsessed with watching the old man sleep. The actual act of murder, which the narrator believes was premeditated, was in fact a spur of the moment action. He toiled with the idea while the man was awake, that is, while he could see the evil eye. However, while the eye was closed, the narrator was at peace. One night, during one of the narrators stalking sessions, the old man awakens. The narrator goes into a paranoid frenzy, mistaking the beating of his heart for the beating of the old mans heart. During this frenzy, the narrator is afraid that neighbors will hear the beating of the mans heart. This causes the narrator to take action. He quickly subdues the old man and kills him. He then takes extreme steps in disposing of the body, dismembering it and burying it under the planks in the floorboard. These extreme actions can be used as evidence to the paranoia that is taking shape. The fear of getting caught would be a normal reaction to someone who has committed a murder. However, the dismemberment of the body was not necessary since the narrator had ample resources to dispose of the body properly. .ue473eeb3f58db7ae5ad90e708f37776b , .ue473eeb3f58db7ae5ad90e708f37776b .postImageUrl , .ue473eeb3f58db7ae5ad90e708f37776b .centered-text-area { min-height: 80px; position: relative; } .ue473eeb3f58db7ae5ad90e708f37776b , .ue473eeb3f58db7ae5ad90e708f37776b:hover , .ue473eeb3f58db7ae5ad90e708f37776b:visited , .ue473eeb3f58db7ae5ad90e708f37776b:active { border:0!important; } .ue473eeb3f58db7ae5ad90e708f37776b .clearfix:after { content: ""; display: table; clear: both; } .ue473eeb3f58db7ae5ad90e708f37776b { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ue473eeb3f58db7ae5ad90e708f37776b:active , .ue473eeb3f58db7ae5ad90e708f37776b:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ue473eeb3f58db7ae5ad90e708f37776b .centered-text-area { width: 100%; position: relative ; } .ue473eeb3f58db7ae5ad90e708f37776b .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ue473eeb3f58db7ae5ad90e708f37776b .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ue473eeb3f58db7ae5ad90e708f37776b .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ue473eeb3f58db7ae5ad90e708f37776b:hover .ctaButton { background-color: #34495E!important; } .ue473eeb3f58db7ae5ad90e708f37776b .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ue473eeb3f58db7ae5ad90e708f37776b .ue473eeb3f58db7ae5ad90e708f37776b-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ue473eeb3f58db7ae5ad90e708f37776b:after { content: ""; display: block; clear: both; } READ: Money 2 Essay When the police arrive at the house, the narrator is sure that he has nothing to fear. He lets them into the house and bids them to search wherever they like. He leads them into the room where the body is buried and invites them to sit down. Although he fears nothing consciously, the narrator battles with his conscience subconsciously. .