Areas Of Feasibility

Also additional members of employee will be hired for the better arrive; trainings Of staff are necessity for the future tourist goers in Mat. Pico De Lord. To ensure the safety and wellness of each tourist Wanderlust Sojourners will help Mat. Pico De Core to recruit well-trained staff that are capable in giving better quality of services. Following are in line for refinement of service at Mat. Pico De Lord: Proposed Operational Hours: 6:00 AM- Opening hours 4:00 PM- Closing hours Overnight can be done as long as following restriction is being followed such as: 1.Potential hikers can climb the mountain for the allowable closing hours ND go down with the permitted opening hours 2. Weather is also to consider whenever potential hikers would like to do overnight. For the following restriction are to be followed well-trained staff should be hired. Security personnel, trained Tour Guides, and Registrars personnel. Wanderlust Sojourners can make a better Operational system in Mat. Pico De Lord such as; Improvement on accuracy and efficiency of sales, reservations, and accounting of revenues, Improvement of operational efficiency (elimination of repetitive tasks, current information readily accessible).Improvement of guest service (accurate and fast dissemination of guest information) Resources In order for the Mat. Pico De Lord to accommodate the changes it will need additional help to restructure. Since Mat. Pico De Core is a government owned the participation of National and Local Government unit will be a great factor, in need for the management and financing so the proposed project can be effectively executed. Most especially the local government, in the moment the project will gain its profits the Local will be the first hand to get the benefits of the project.Private sectors and Voluntary sponsored are also welcome. For the Government and private sectors to work together both must agreed upon through a variety of mechanisms including contracts and concessions. Marketing For the Mat. Pico De Lord to be well known, Wanderlust Sojourners will design a marketing Strategy that would help Mat. Pico De Core gained potential tourist. Wanderlust Sojourners Will make Mat. Pico De Lord as natural environment with a potential to build a recreational and adventurous experience to its potential tourist. Mat.Pico De Core would also endorse a rare opportunity to the community around it. It will revivalist the industry where in the community will benefit. Mat. Pico De Lord could facilitate coordination and make assistance to the community. While there is widespread public interest I preserving the area's natural and cultural values. Wanderlust Sojourners will arrange a Marketing Strategy that will promote Mat. Pico De Lord. Wanderlust Sojourners will make Market Development wherein identifying and developing new market segment for current products (market expansion).Wanderlust Sojourners will also use Service Development treated for the modification of se rvices offered. Diversification strategy will also likely to be use through acquiring business outside the site and Mat. Pico De Lord services offered. Use of Social Media (faceable, twitter, instating, and creating official weeping for Mat. Pico De Lord) and Prints Ads (newspaper and magazines) are to be done for the intense promotion of Mat. Pico De Lord to gain more potential tourist. With all of this Marketing Services Wanderlust Sojourners will help Mat. Pico De Lord to target and promote to the right tourists.Market Research The market areas would be defined based on distance from the site. Demographic characteristics for the resident market would be analyzed to provide an indication of support.

Discussion Questions Week 1 Economics 365

Discussion Questions Week One Economics 365 TEAM C- WEEK ONE DISCUSSION QUESTIONS 1. What is economics? What role does economics play in your personal and organizational decisions? Provide an example of the role of economics in decision making. (Ana K Gonzalez) * According to â€Å"What Is Economics? A Definition Of Economics† (2012): * Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get what they want or accomplish certain goals.Since economics is a driving force of human interaction, studying it often reveals why people and governments behave in particular ways. There are two main types of economics: macroeconomics and microeconomics. Microeconomics focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders. Macroeconomics, on the other hand, takes a much broader view by analyzi ng the economic activity of an entire country or the international marketplace (Para. 2 & 3). Economics play an important role in all aspects of life and sometimes people don’t realize that they are using economics day by day.With the use of economics people can understand how to spend time and money. Unemployment, technological progress, interest rates and budget deficits are important issues presented in our daily personal and professional lives. As students, economics can help us to acquire more knowledge about what kind of difficulties business in our region presents, how to solve it, and the difference procedures to follow to succeed as a business holder. 2. What is the difference between a movement along and a shift of the demand curve?What is the effect on the equilibrium price and quantity that results from an increase in demand, supply, and both? Provide examples for each instance. What is the role of supply and demand in decision making? Provide a real-world example . (Sonia Elias) The difference between a movement along and a shift of the demand curve in the movement along is caused by a change in the price of goods or services performed and a shift of the demand curve is caused because a change in any non-price determining on the demand and it can change to both side the right or the left.The effect in the equilibrium price and quantity that result from the increase in demand is the price goes up because of the demand of the product is more and also the quantity has its effect because with more demand it requires more quantity on the product. A good example is the petroleum now its price is going up because of the demand it is suffer. The role of the supply and demand takes the role of decide how much quantity will require to provide the costumers with their demands on a certain product; it makes the decision of require more quantity of products to supply the costumers. . What is the definition of price elasticity of demand? What is the relat ionship between price elasticity of demand and total revenue? How does price elasticity of demand affect a firm’s pricing decisions? How does the availability of substitutes affect the price elasticity of demand? Provide an example. (Chuck Crain) By definition, price elasticity simply means the way demand responds to price changes. The relationship between price elasticity and total revenue can be a very successful one or a total nightmare based on whether or not the product has good elasticity.As long as the product is something the general public either needs or is very high on their want list, then the product has good elasticity and the profits will continue to increase, thus making total revenue much greater. However, if the product is something society can live without, then the product has bad elasticity and total revenue will go down. When a firm decides to make or sell a product, many considerations go into their long term plans, such as will this product stand the t est of time and will it be profitable even in tough financial cycles.As long as the product has good price elasticity and the competition is low, then prices can be adjusted to meet the current market price or to increase revenues. However, if the product has a bad elasticity, then the business will have to decide on whether or not to raise prices, but this decision could cost the company money now and in the future because the customers chose not to pay a higher price. When people want a similar product without the high price, they turn to substitutes.This can include any generic brands of products that provide close to the same experience for the customer, without the higher price of their original brand. Substitutes greatly affect the elasticity of price, because people can choose to buy another product at a lower price, and basically get the same results from the product. An example would be if a person loves to drink Coke, but can’t afford the price they charge.The perso n would turn to a cheap brand such as Sam’s Cola and receive basically the same benefit, without spending the extra money. * Reference Principles of Macroeconomics. (2009). Retrieved from http://ocw. mit. edu/courses/economics/14-02-principles-of-macroeconomics-fall- 2009/ What is Economics? A Definition of Economics. (2012). Retrieved from http://www. whatiseconomics. org/ Why is economics considered social science?. (2012). Retrieved from http://wiki. answers. com/Q/Why_is_economics_considered_social_science

Long distance migrations Essay

During the time period of 1700 to 1900, there were many changes in long distance migration. Near the end of this period the slave trade across the atlantic was outlawed, so indentured servants from east and south asia began migrating to the U.S. There was activity throughout America and Ireland, while some changes in long distance migration from that time period occurred as European, African, and Chinese laborers were sent to the Americas. There was continuity in long distance migrations during this time in that, there remained a steady flow of foreign migrators into the U.S who seek economic gain and religious freedom. There were changes in european and U.S migrations around the world. Before, the irish population remained in Ireland developing culture, but that eventually changed to their migrations to the U.S. This migration was cause by a severe potato famine, seeking a better life with a more constant food supply. Many people migrated to the U.S. Secondly, at first the British had many colonies without many of their own people in them, but that changed to the british sending captives to Australia and New Zealand to begin a penal colony. The irish respond to their famine and poverty by revolutionizing instead of migrating. Unlike the rest of the world, the U.S received many migrators rather than provided many. Firstly, in the beginning of this time period, the U.S accepted many slave migrations to work on the plantations of sugar, cotton, and tobacco, but that changed to the use of indentured servants who came not just from west africa, but from east and south east asia. The outlaw of the slave trade was caused by the british who decided that it should be ended for economic reasons and who spent just as much money as they earned from the profits of the slave trade to stop it in the atlantic ocean. Also in the U.S, at first they accepted and welcomed many foreign migrants, but that changed to not allowing certain people to migrate there by passing acts, such as the Chinese exclusion act. This type of act is similar to how china, in its days of isolation, kept out and restricted any foreign interference and interaction. There were many continuities over this time period in both europe and the U.S. FIrst, the main reason people migrate is for economic reasons and that remained throughout the time period. Even the australian penal colonies had this incentive as Britain did  not want to have to use tax money to hold and secure prisoners. Secondly, the migrants bring culture with them which causes syncretism such as the creation of the vodun religion in african slaves. Thirdly, world migrations in both the U.S and europe at this time caused widespread disease, such as the smallpox epidemic. The Africans especially had to acclimate to a new world in the U.S. Also, the U.S and the europeans had to worry about diseases like HIV and malaria when in africa. Finally, there was and remained throughout the period, a constant flow of migrants into the U.S no matter where they came from in the world. Another continuity is the flow of people from europe to africa. At this time, europe is still heavily imperialistic, especially in africa because it has gone unconquered by a colonial force. European economic interest in african goods caused this continuous through relatively small, migration of europeans to america to govern colonies, connect and sell goods as merchants, and even step up colonies who enjoy extraterritoriality. Colonies such as british, south africa, and france are examples of this. Throughout the time period of the 1700 through 1900, many chang es and continuities occurred. The irish population remained in ireland developing culture, eventually changing to the U.S, Europeans migrating to the americas, and the migration of the slave trade. All migrations contributed both positive and negative factors to what our world is today.

Linguistics Language Acquisition Essay Example | Topics and Well Written Essays - 750 words

Linguistics Language Acquisition - Essay Example It is also dependent on knowledge of local linguistic situation. The best methods are therefore those that will generate interest among the students. In deciding how to develop language teaching methods and materials, three approaches will be more relevant: 1) Make use of second language acquisition theory, 2) Utilize applied linguistics research, and 3) Make use of ideas and intuition from experience. It was reported that considerably larger section (>45,000) of population of Trinidad and Tobago communicate in Trinidad English Creole (TEC) and have been using the dictionary for the same (EN1). There has been practice of code switching in which the people use English and Creole simultaneously. The behaviourist approach and the cognitive approaches were found to be effective in explaining the language acquisition by children in Caribbean islands (EN2). They will make students to mimic the words uttered by teachers and memorize the same by repeated exercise and in that process help the teachers. The language acquisition facilitates learning process as the living language generates more interest among the learners and paves the way for easily digestible mode of teaching. The importance of acquiring knowledge of linguistics in facilitating educational and learning process was confirmed by Carter,2002 (EN3). In addition, the basic knowledge about the following five theories of language acquisition by teachers is essential for effective teaching techniques in TEC. 1. The acquisition-learning disctinction. It states that language learning and language acquisition are completely different and teachers must keep this in mind while explaining in TEC. 2. The natural order hypothesis. It postulates that for a any language, some grammatical structures tend to be acquired early, others late, regardless of the first language of a speaker. 3. The monitor hypothesis. It states that the language that we have consciously learned acts as an editor in situations where the learner has enough time to edit. 4. The input hypothesis. It answers the question of how a language acquirer develops comptency over time. 5. The affective fi lter hypothesis. It concludes that motivation, self-confidence, and anxiety affect language acquisition and hence the teachers must keep this in mind while formulating theories for students in TEC. Approaches to language teaching Knowledge about different approaches to Language Teaching like grammar-translation, audio-lingualism, cognitive-code, the direct method, the natural approach, total physical response, and Suggestopedia will certainly aid in efficient teaching (EN4) in TEC. 1. Grammar-translation: It explains the grammatical rule and vocabulary and makes language acquisition more complex. 2. Audio-lingualism: It is better than the previous method in language acquisition as it allows the students to mimic the dialogue and eventually memorize it. 3. Cognitive-code: It focuses on developing all four skills of language: speaking, listening, reading, and writing. 4. The direct method: It is more effective than earlier methods as it involves all discussion in the target language. The teacher uses examples of language in order to inductively teach grammar; students are to try to guess the rules of the language by the examples provided. 5.The natural

The Second World War Essay Example | Topics and Well Written Essays - 500 words

The Second World War - Essay Example    Beyond its national borders, however, democracy was on the decline with countries such as Imperial Japan, Fascist Italy and Nazi Germany either threatening or actually dominating neighboring countries2. France and Britain, on the other hand, were doing what they could to avert the occurrence of another major war in Europe. During this time, the US had a policy that forbade it from interfering with other countries that engaged in conflicts as outlined it its Neutrality Acts. This policy with time became bothersome as it clashed with the public opposition to the invasion of Poland by Nazi Germany in 1939. The United States under President Roosevelt lifted its non-interference foreign policy and pledged massive support to the Allied forces but itself opting not to engage directly in the war. However, with Japan’s attack on the Pearl Harbor in 1941, the country saw it necessary to take arms and engage fully in the war3. The US contributed a lot of resources during the war, some of which included ammunition, technology, food, money, petroleum, military personnel and technological innovations. As a result of this, the war, there was a massive rise in the country’s Gross Domestic Product, monumental export of supplies, and an end to unemployment. Most of those who were previously unemployed, retired or engaged in low productivity occupations at this time moved into active labor, the working hours also being significantly improved4. The amount of work to be accomplished as much and many people gave their best for the sake of patriotism. The Second World War saw the US for the first time ever use its nuclear weapons against a country - Japan. Following the war, the country lost over 400,000 military personnel and spent a lot in terms of resources.  Ã‚  

Pro-life and Prochoice campaigns and the ethical dilemmas within them Annotated Bibliography

Pro-life and Prochoice campaigns and the ethical dilemmas within them. - Annotated Bibliography Example For instance, most countries have been involved in many series of debates concerning the issue of abortion, euthanasia, corporate punishment, death punishment, and/or assisted suicide among many others. Lee claims that in more than one case, people end up failing to come to consensus, a situation that leads to lack of conclusive responses, which the whole issue a decision of an individual’s choice. The connotation â€Å"pro-life† that goes hand in hand with â€Å"pro-choice† are general episodes, which seeks to expound whether an individual is willing to carry out a certain agenda commonly, termed as an ethical dilemma. Since this expansion tends to involve the issue of ethics, it is very engulfing and poses serious challenges when it comes into making the final decision. This section talks about the Pro-Life spectrum, which is an issue that seeks to determine people’s thinking towards life especially when abortion is the subject. Under this spectrum, people engage themselves in a series of campaigns where they seek to publicize to everyone including the recently conceived human being has a right to equal live. As such, abortion should be condemned and termed as a crime of the highest order, as it is similar to committing murder (Lee 2).

Immigration and the challenges associated with socio-political Essay

Immigration and the challenges associated with socio-political integration in the European Union - Essay Example While the government has framed policies aimed at diluting specific differences that hamper active social participation and economic inclusion, differences associated with cultural identities have been fashioned into new processes of delineating and being a ‘true’ European. The governmental policies that aim at resolving differences between the native population and immigrants face major challenges owing to the large number of immigrants entering the EU from various developing nations. There are growing concerns about the immigration policies in both receiver and sending countries, wherein there are speculations about a large-scale increase in migration flows in the near future. According to various reviews, calculations on future flow of immigration from developing nations to the EU show that there may be 13.5 million immigrants within the EU, from the year 2000 until 2050 (Mansoor and Quillin, 2007). The calculations that give an average estimate are based on various e conomic and demographic factors significant in determining immigration flows. Along with these numbers, one must also take into consideration political, social and cultural aspects of the immigrants, owing to the intricate nature of the issue, closely related to human trafficking, irregular migration, and shifting borders. The demographic framework of a nation is greatly affected by migratory  movements, and owing to the inherent differences   in  socioeconomic and   demographic   structure   of  the immigrant   populations   in regard to   the   host   population,   migration   flows   significantly influence public expenditure, income distribution, demographic  evolution,   social  stratification  along with economic development (Amin,  1995).   With rising economic challenges emerging from a steady increase in elderly the population within  European  societies,  the  European  Commission  regards the  entry  and  integra tion of immigrants  within the EU  an added demographic challenge  that involves providing better living and working conditions, employment,  and education  for the immigrants and  working out a long-term, sustainable  budgetary plan (Linz and Stula, 2010). Immigration  may be triggered due to various reasons that may vary from political, economic, or personal  reasons,  while migration may also be  voluntary  or  even forced, and the later often involves human trafficking  (Kraler, Kofman, Kohli and Schmoll, 2011).  From a historical  perspective,  Europe  has always faced  migration  from different parts of the world. Prior to WWI,  during  the era of industrialisation,  there were large-scale transatlantic  labour migrations. Post WWII, during the period of severe economic crises and reconstruction,  Europe  became  an  important  destination for many immigrants.  This  was  mainly  due  to  large numbers of la bourers migrating  to the European continent from  various  parts  of  the  world  due to  work  shortage in their own countries (Castles and Miller,  2010). At this time, there were also intra-European  migrations, where  labourers  from  south  Europe  moved to various west European nations.   Subsequently there were  settlements  established, and  families brought over for reunification. Besides labour migration,  there were war refugees and  natural disaster  refugees that came  to  Europe  from the former USSR, Africa and the  Balkans, thus further adding to the social and cultural diversities within the EU population. In this context, the essay will review various research papers and analyse the different challenges associated with

Marketing Essay Example | Topics and Well Written Essays - 1000 words - 19

Marketing - Essay Example The conclusion the authors draws through this article is that, all the contemporary organizations need to set their organizational culture and thereby define their corporate identity. This process will result in creating an optimal bridge between the internal working environment of the organization and the external environment like the marketplace and other relevant environments. So, by analyzing the authors’ perspectives about organizational culture, this synopsis will discuss the importance of common and workable organizational culture, for the effective functioning of organizations. Organization is a ‘structure’, in which ‘collage’ of workers will do their allocated work under the supervision of a leader. This team of workers like the five different fingers in one’s hand will be different from one another having different characters, attitudes, education, background etc, etc†¦and the unison of these different humans under a single organization to reach a target is, and will always be a difficult proposition. As these different humans could create a different organizational culture, the success rate will be minimal. But, according to the authors, if a perfect, feasible and importantly common organizational or working culture is ‘operationalised’, through out the organization, the organization will be a success story. And, the ‘script’ for this success story can only be scripted, by an effective leader or a manager. The statements and actions of the managers simultaneously affect the image and identi ty of the organization (Hatch & Schultz, 1997). One of the important first tasks of a leader in an organization (both in a new organization and in an existing organization) is the creation of a Culture. The authors Hatch and Schultz, points out that the creation of an organizational culture is a complex process in which the organisations’ personalities, identities and images should play a major role

HR - Organization Environmental Pressures Essay

HR - Organization Environmental Pressures - Essay Example This paper gives a critical evaluation of these pressures, and it proposes a strategy that the organization can use, for purposes of solving or mitigating the pressures under consideration. In meeting the objectives of this paper, the researcher will create a table, identifying three environmental and organizational pressures that Wal-Mart faces. Furthermore, this paper will rank these pressures, in accordance to their influences. This paper will also contain a detailed description of these pressures, and how they have evolved over a period of time. Furthermore, it would identify how these pressures have impacted the organization, from its financial perspective, and also from the perspectives of its employees, and that of the researcher. An important organizational pressure that Wal-Mart faces is on the expectations that its stakeholders have on it. The stakeholders of the company expect it to be a high performer. This expectation on Wal-Mart is based on its position in the global retailing sector. As of 2014, Wal-Mart was voted as the world’s largest company, in terms of revenues. Furthermore, the company has employed more than 2 million people, and it is considered as the biggest retailer in the world. Furthermore, the company is considered as the biggest grocery in United States, and as of the year 2009, it was able to generate 51% of the total sales made by the company. Based on these statistics, the company is under pressure to maintain its good performance. Furthermore, because of increased competition, emanating from new retailers in the industry, the company is forced to develop strategies that would ensure it remains a market leader in the retailing industry. To be a high performer, the company has i nitiated a cost leadership strategy, whereby it sales its products at a cheaper cost, to attract customers to it. Furthermore, the company has sought to decrease its capital expenses, by

Using appropriate frameworks, theories and models introduced in the Essay

Using appropriate frameworks, theories and models introduced in the course of the strategic module, identify the strategic challenges faced by the target organi - Essay Example While this move should enhance NTL’s short-term financial outlook and may generate a measure of excitement for customers and investors, the gains may not outweigh the long-term strategic liabilities inherent in both companies pre-merger and likely, post-merger. Fiscally, growth may prove to be a risky strategy for a company that has dealt with financial difficulty in the recent past. Yet, market conditions may have left NTL with little alternative but to seize growth opportunities when they are possible. This study will analyze how NTL’s recent acquisition of TeleWest fits and contrasts with the outline Bob de Wit and Ron Meyer present in their book Strategy Synthesis (2005). The book creates a fundamental framework for scrutinizing the strategic coherence from business, corporate, and network levels, the industry and international contexts, as well as the organizational context and organizational purpose. Because NTL is such a large and diversified organization, the unit of analysis will be mostly limited to NTL’s residential cable, digital television, and pay TV services within the U.K, all under the umbrella unit, NTL Cable PLC. It will begin by providing a general overview of NTL, and its recent acquisitions. The study will then analyze how actual events and strategies from NTL’s brain trust compare with the topical outline from de Wit and Meyer. Finally, this study will discuss the results of this analysis and provide a prognosis for the future of this grow ing company. A brainchild of the new global economy, NTL Incorporated (NTLD) is a U.S. company, founded in Delaware in 1993, as International CableTel, and headquartered in New York. The business opportunity was created in 1991, with British deregulation of cable and telecommunications services, and founder George Blumenthal’s 1993 acquisition of Insight UK’s cable systems and its roughly one million household customersi. Changing its

Choose a topic of interest to you that relates to couples or families Essay

Choose a topic of interest to you that relates to couples or families. (I'll attach the instructions) - Essay Example It is true that â€Å"one out of every two marriages ends in divorce† in the current trend (Ambert, 2009). One of the common reasons for divorce to occur in today’s modern day scenario is misunderstanding amid the partners. While discussing the topic of divorce, it can be affirmed that husbands and wives have no time for each other to spend time as they remains quite busy in earning money and saving the same more for future (Bruze et al., 2012). In this process, they forget to enjoy their lives and thus end up divorcing each other. Moreover, there are several other reasons for divorce to happen such as age issue, stress level, cheating and extra marital affair. Divorce imposes huge impact in the lives of the people especially when it occurs in the mid age. It is emotionally distressing and has negative impact on the life of the people, children and the surrounding. It leads to depression, loneliness and gives rise to the feeling of betrayal and failure among oneself (Mo ntenegro, 2004). The Brondenbrenner’s Model, which is also acknowledged as Bronfenbrenner’s ecological theory tends to determine the association prevailing between the individuals and their related environment. This particular theory or model is often used to analyse the psychological issues faced by the individuals due to several environmental systems. The model comprises environmental systems that range from â€Å"interpersonal interaction to broad based influence†. The individual level of this model is regarded as a vital aspect as it expresses a relation between the environment and the human behaviour. It relates to psychological dilemma that an individual face after undergoing divorce. It is usually observed that the rate of divorce is usually more amid the adults whose age range falls under the age of 50 and above (Erikson, n.d.). Similar facts can be justified with reference to the article â€Å"The Gray Divorce Revolution: Rising Divorce Among Middle-Aged and Older Adul ts,

Coursework Biology Essay Example for Free

Coursework Biology Essay Biology coursework: Substrate specificity in yeast AIM: To find out which substrate (glucose, starch, maltose, sucrose or lactose), does yeast, the organism containing the enzyme, breaks down the quickest. Introduction: Usually, every enzyme has a specific substrate that is what we call the â€Å"lock and key† theory. We can try the reaction of an enzyme with different substrates and this enzyme will just work well with one of those substrates. One type of reaction catalyzed by enzymes is anaerobic respiration. (fermentation), made by yeast that uses a sugar as a substrate. This reaction will produce CO2 and energy. Measuring how much CO2 the reaction produces we could know how well the enzyme is working with a substrate, checking thus its specificity. Materials: 5 Ignition tubes Pipette Glucose Maltose Sucrose Lactose Yeast Cotton wool Test tubes Stop watch Ruler Variables: Independent variable: substrate (glucose, starch, maltose, lactose, sucrose), enzyme (yeast), volume of substrate, volume of enzyme. Dependent: volume of CO2 released (measured in mm) Controlled variables: Temperature, pressure, time. Method: 1- Fill 5 ignition tubes, half with yeast (2.0 ml) and half with each corresponding substrate (2.0 ml), using a pipette. 2- Quickly after the mixture is done, place the ignition tubes upside down in a test tube, helping yourself with a pen. 3- Start the stop watch once the ignition tube is upside down in the test tube, and measure the space left (this will be time 0) 4- Place some cotton wool on the top of each test tube in order to block oxygen, and therefore, for anaerobic respiration to occur. 5- Prepare one mixture with the yeast (enzyme), and with water, to act as a control. Treat the control in the same way you have done it with the samples. 6- As anaerobic respiration occurs, CO2 is released displacing the mixture of yeast and substrate into the test tube. Measure the amount of CO2 released during 20 minutes, taking a reading of the empty space inside the ignition tube every 5 minutes. 7- Repeat the experiment 3 times for statistical purposes.

The Beatles

The Beatles British Popular Music Culture The Beatles INTRODUCTION For Chinese fans, the so-called English Brit-pop is a memorable the symbols. It is filled with too many youth, while still in the new generation of echoing music dream. Young people are eagerly, completes obsessed with Westlife or Beyonce .Moment these new, the English rock band, but the youth has continued to effect people from British golden decade. In the mid of 1960s, the Beatles is the legendary band affected the blustery generations. (American media used â€Å"British Invasion† to describe the Beatles band). The Beatles became popular quickly as well as their influence on international pop music is unprecedented. Even after they disbanded, they have continued to issue recordings of their songs and style still prevails unabated. The 1960s pop music like society, everything has just begun. The Beatles brought a new music to youth, everywhere is full of energy, their music rapid changes and growth, just a few years to conquer the world. People praised them as Music God, being crazy about them. Modern musicians rarely are not influenced by the Beatles. If American young people use the rock and roll of wandering, confusion, and emptiness, the young people in the United Kingdom is to use rock music to break through the Victorian era has left all the old moral and traditional values. BACKGROUND As an essential part of western culture, music has been influencing the people in all aspects. The need and appreciation for music is apparent that in the everyday lives of people they are listening to it in movies, on TV and throughout all forms of other audio media. The majority of people also choose to listen to music for pleasure in their leisure life. Not surprisingly the music can be a powerful tool with social influence and be able to change the lives of people. In another sense, music can be recognised as a powerful form of communication. Like some people have said, â€Å"It can be personal, political, opportunistic, and can be self-expressive with therapeutic effects due to the release of emotion.† (British pop Music http://www.learnenglish.de/culture/britishmusic.htm). Pop music is absolutely an essential part of British culture, not only just as an expression of the way all the British people live with, but also as an indicator of the multi-cultural nature of Britai n today. The Beatles pop music is undoubtedly the greatest, the most influential and the most successful band both in academia and in business in the history of the whole pop music. The Beatles from Liverpool in the early 60s has created a huge controversial enthusiasm among their fans. It is well known as â€Å"Beatle mania† today. The Beatles revolutionized pop music in regard to the development in the music itself and influence on the society. The impact they had done on the pop music is so immense that there is no one else can go beyond them. For the development of rock around the world has made tremendous contributions to the impact of self-60s after several generations of rock bands music and ideas directly affect the rock change and development in the United Kingdom, The Beatles has affected almost every one the bands formation and development for more than 60 years. They had led the fashion in lots of countries all over the world and also in UK itself in 1960-1970. They had a s ignificant impact on the younger people in UK in 1960s. OUTLINE The Beatles songs had influenced the generation in their interests of art, their way of wearing, and their attitude and way of living. Until now, the band has been gone for almost 40 years they are still showing strong influence on the whole British society. EVALUATION The band of four great musicians, especially John Lennon and Paul McCartney, all corners of the worlds younger rock singer and music creators the impact of which continues today. Although from its inception to the dissolution of the Beatles only existed for a decade, but the band as a musical culture revolutionaries and their cultural influence has long exceeded its art itself. The Beatles over the past few decades of time, has become a popular symbol of music and popular culture, but also became Britains culture and history of a trademark, of them being members of the Queens sealed. The original work and creativity have done by the Beatles have constantly inspired the musicians worldwide. In the world today there still has a lot of Beatles band member professional imitators, as well as professional organizations and evaluation of institutions and organizations mimic competition. The Beatles and the Beatles culture has already become the culture of mankind in the 20th century, an important component of the field was forever etched that they, as the last century, a trademark of popular culture has never been any challenge. Following table briefly outlines the major singles and albums made by The Beatles during 1960s. Those songs and albums have been on top of the chart or keeping in the first place of the ranking list. Especially, â€Å"With the Beatles† became the second album in the UK chart history to sell a million copies and this album is described by Allmusic as â€Å"a sequel of the highest order one that betters the original by developing its own tone and adding depth.† (Erlewine, Stephen Thomas (2009b). With the Beatles. Allmusic. Retrieved 27 September 2009. Gould, Jonathan (2008). Cant Buy Me Love: The Beatles, Britain and America. London: Piatkus. ISBN 978-0-7499-2988-6.) . Those praise has clearly expressed the emotion toward the Beatles from the professionals. Table1 The Beatles Famous Music Works: YEAR SINGLE SONG ALBUM 1962 《Love Me Do》 1963 《Please Please Me》 《From Me to You》 March,22,1963 《Please Please Me》 End of 1963 《With the Beatles》 1964 《Meet the Beatles》 of American From 1964 to 1965 《Something New》ï ¼Å'《Beatles for Sale》ï ¼Å'《Beatles ‘65》ï ¼Å' 《Beatles VI》ï ¼Å'《Help!》ï ¼Å'《Rubber Soul》 1966 《Revolver》 《YesterdayAnd Today》 1967 《Sgt. Peppers Lonely Hearts Club Band》 Enter the new century, the Beatles are still often have ripping album come out, their music of these great works, in the new century is still exudes timeless magic of the impact on them once again. After decades of recording the market, often for decades after the dissolution of the band continue to be the list of champions. John Lennon passed away, to hold a memorial vigil in commemoration and to participate in as many as millions of fans the world. In 2001 an outstanding guitarist George Harrison died of illness, such scenes again to reproduce their music and still another generation after generation of the character fans have been attracted by the magic of the Beatles for their obsession. The music of the Beatles music has already passed the boundary of the music itself, it becomes the eternal humanity. Looking at the history of the pop music, it can be found out that, the Beatles is definitely revolutionary, they have changed the character of the pop music and changed the attitude of British people toward pop music. The rise of the original rock and roll pop music made the entire music industry upside down. Some well-known pop singers voice like Presley, Little Richard and Lewis and others replaced by rock songs, the five major record companies dominated music industry record companies wife and children have been hundreds of attacks. An adult-oriented market into a white youth-oriented market, these young people are increasingly interested in black culture right. In this sense, the rock is indeed ushered in a revolution. However, the revolution in 1964, when the pop music entered its second decade, it started to abandon the original edge. Mainstream Rock give a moderate rock, pop, surf music, one time, around the 60s rock and roll would lead to divergent views on how to develop. An d this time the American society is in disarray. In this case, the original part of the Americans came in the British rock. In The Beatles† band under the influence of the United States is increasingly disperse rock began to regain vitality, and thus set off a rock in the history of a new climax. Although from its inception to the dissolution of the Beatles only existed for a decade, but the band as a musical culture revolutionaries, who not only has the worlds highest, but also future generations to make it difficult record prices and record sales, but also their cultural influence has long exceeded its art itself. The Beatles led the sixties and the seventies all over the world countries in the direction of popular culture has become a popular fashion vane anything about all the Beatles have become the most cultural content of goods, while the Beatles had been anything used can be an alarming high price for auction. The Beatles In addition to countless magazine covers a variety of other board, but also often on the worlds countries such as stamps and postcards, souvenirs, they have countless museums and documentaries related topics, films and other related cultural materials Save the organization. In addition, in the world still has a lot of Beatles band member professiona l imitators, as well as professional organizations and evaluation of institutions and organizations mimic competition. The Beatles and the Beatles culture has already become the culture of mankind in the 20th century, an important component of the field was forever etched that they, as the last century, a trademark of popular culture has never been any challenge. Another important part of the Beatles is their original ideas. They started writing their own music and through their originality a new sound happened. They were so successful, that in order to get famous, other bands realized that they needed to fashion their music after to the tracks of the Beatles. The dress they wore influenced everybody. People even started to cut their hair in the same style as the Beatles did. It was fashionable to take after the Beatles. The effect of the Beatles is no longer limited in Music. Their sound was original and their look was different, this led to the outburst of freedom during the sixties. (What was the impact the Beatles had on people and music? http://wiki.answers.com/Q/What_was_the_impact_the_Beatles_had_on_people_and_music) .They are also described as â€Å"They influenced the people, that generation not only in their musical preferences but also in the way they dressed and felt about one another. They transmitted all there was to share trou gh their music and lyrics.† (The Beatles A Strong Impact http://www.buzzle.com/articles/the-beatles-a-strong-impact.html). The following figure depicts the annual income of some top singer or band. According to Apples financial records, as of January 2008, including the The Beatles members, including the company paid huge dividends accounted for incredible ï ¿ ¡56.4 million a year. The impact of the Beatles has drawn lots of attention in academia. They took the British rock wind since late 1960s, has continued to attract many followers. Even British universities have set up a masters degree of studying The Beatles. Reuters reports: Liverpool Hope University will open a new masters degree courses The Beatles, Popular Music and Society, to enable students to study the cultural impact of the Beatles. The university, a senior Mike Brocken said: The market is flooded with more than 8000 books on the Beatles, no one on their academic research, so we want to open this course. The Beatles had been disbanded for 40 years. It is time to study their music. We have received inquiries from abroad, particularly in the United States. Liverpool Hope University is the first to set up a masters degree-granting institution of The Beatles in British. It may be the only one. Liverpool is the hometown of the Beatles, in addition to the masters program, where there is the Beatles museum, and even the airport is named Liverpool John Lennon Airport. I have to say the most important mark the Beatles left on this society and for future generations is the popularisation of the Beatle wig. I still have several and wear them proudly. (â€Å"The Beatles Literary Anthology† Edited by Mike Evans, page 87, 2004, ISBN 0 85965 315 3)The decadent image of the Beatles which is characterized by their long hair, tight jeans and leisure tops have been a fashion until now. The influence of the Beatles is immense even beyond the boundary of nations. The Beatles has been recognized the invasion of the United States as British in the 1960s, representatives and influence extended to the 1960s of social and cultural revolution. In the 1970s, the band was dissolved, the members of an individual singers posture continued to develop. Recording Industry Association of the United States according to official statistics, the Beatles is the highest-selling singers in the United States, with a total sales of more than 170 million, while global sales of more than 1 billion. CONCLUSION The Beatles inherited the results of the first decade of rock and roll, with their creativity and innovation to enrich and develop the rock to rock and roll into a new historical stage. Since then, the rock is no longer just pure entertainment music. It has more people thinking something more hidden behind the music thing. That is the magic of Beatles and they had done something special to change the peoples attitude towards rock music. They had redefined the meaning of the rock music. 60 years growing up in British and American young people, rarely fail to be associated with their songs. It can be said that their songs influenced a generation of artistic taste, clothing hair style, lifestyle and attitude towards life. The Beatles The emergence of more scholars began to study the phenomenon of rock music, and rock and roll music and lyrics, and their subsequent university courses are also offered rock (which is unthinkable in the early 60s). The Beatles led the sixties and the seventies all over the world countries in the direction of popular culture. They have become a popular fashion vane. In fact, anything about all the Beatles have become the most cultural content of goods, while the Beatles had been anything used can be a shocking high price for auction. In addition to countless magazine covers and a variety of other board, but also often on the worlds countries such as stamps and postcards, souvenirs, The Beatles have countless museums and documentaries related topics, films and other related cultural materials Save the organization. RECOMMODATION One thing I would like to recommend the company for the Beatles is to let people from the eastern world know more about this band not only their songs or albums but also their background and their inventive work in order to inspire more people to love them to understand them and to create more treasure in all areas. REFERENCES 1. British pop Music http://www.learnenglish.de/culture/britishmusic.htm 2. Erlewine, Stephen Thomas (2009b). With the Beatles. Allmusic. Retrieved 27 September 2009. Gould, Jonathan (2008). Cant Buy Me Love: The Beatles, Britain and America. London: Piatkus. ISBN 978-0-7499-2988-6. 3. What was the impact the Beatles had on people and music? http://wiki.answers.com/Q/What_was_the_impact_the_Beatles_had_on_people_and_music 4. The Beatles A Strong Impact http://www.buzzle.com/articles/the-beatles-a-strong-impact.html 5. The Beatles Impact, Influence and Empowerment http://www.suite101.com/article.cfm/america_circa_60s/86384/1 6. â€Å"The Beatles Literary Anthology† Edited by Mike Evans, page 87, 2004, ISBN 0 85965 315 3

Financial Analysis Of Krispy Kreme Doughnuts Inc Finance Essay

Financial Analysis Of Krispy Kreme Doughnuts Inc Finance Essay Krispy Kreme Financial Analysis Krispy Kreme Doughnuts Inc is business that is involved in retail and wholesale of packaged sweets and doughnuts. Its initial business is franchising and also owning Krispy Kreme stores. At the beginning of 2010, they had 224 outlets in America and 358 shops all over the world. The company has four segments of operation; company stores, KK supply chain, international franchise stores and also stores franchised in America. In Krispy Kreme depreciation analysis, there are various methods used to calculate depreciation and these methods include; units of production, double declining balance and straight line (Warren 2008). Krispy Kreme uses the straight line method to calculate depreciation on their assets such as buildings, equipment, machinery and also leasehold equipments. The straight line method of calculating depreciation results in a constant annual depreciation charge.They make a breakdown of depreciation of all their assets and it consists of buildings, equipment, machinery, leasehold improvement, construction that are in progress and also land. In 2002, the total gross property and equipment was $156,484,000 and in 2003 it was $252,770,000. What had accumulated depreciation was $43,907,000 in 2002 and $50,212,000. Finding the net property and equipment is calculated by taking the gross amount for equipment and property and subtracting the depretiation that has accumulated. Krispy Kreme also uses SFAS-142 to account for all the intangible assets. In this method, intangible assets that have indefinite life are not amortized, since they will be subject to impairment test. By using SFAS-142 it results in more volatility in the reported income since impairment losses can occur irregularly in varying amounts. In the reports it is clear that, in reporting Operating Cash Flows Krispy Kreme uses the Indirect Method. In 2001 the money that was provided for operating activities was $32,112, 000 and the money allocated for dividends was $7,005,000. The money that was used for operating activities was more than the paid for dividends. The company decided it will pay cash dividends in 2002 and 2003. The item used in reconciling the difference that is between net income and cash flow from operations is the increase from expenses of $7,966,000, while in 2002, the highest value item in reconciling the difference between net income and cash flow from operations was $13,317,000 increase in receivables; in 2003, the highest value item that was used to reconciling the difference between net income and cash flow from operations is the tax benefit from the exercise of nonqualified stock options which was $13,795,000. The highest amount for investing activities was $37,310 for additions to property and equipment. In 2003, the highest amount for investing activities is $83,196 and was used for additions to property and equipment. So, cash outflow in investing activities increased in 2003. The highest amount for financing activities in 2002, is the cash inflow of $17,202 these are the proceeds from stock sale. In 2003, the highest amount for financing activities is the $2,170 cash outflow that is meant to repay the companies long term debt. There is an improvement in Liquidity from 2002 to 2003, this is evident by the increase in the cash flow provided to operating activities which increased from $36,210 in 2002 to $51,036 in 2003. The Company funds the capital requirements by using the cash that is generated from the business operations. As it is well stated in the report, We funded our capital requirements for fiscal 2000, 2001, and 2002 primarily through cash flow generated from operationsà ¢Ã¢â€š ¬Ã‚ ¦.Over the past three years, we have greatly improved the amount of cash we generate from operations. We believe our cash flow generation ability is becoming a financial strength and will aid in the expansion of our business. By the using the financial ratios, Krispy Kreme has a good financial healthy with a lot of growth prospects in the market; in using the Liquidity Ratios, The Companys Current ratio has grown from 1.94 in 2002 to 2.36 in 2003. The Quick ratio has grown from 1.63 for 2002 to 1.96 for 2003. Cash ratio has grown from 0.42 for 2002 to 0.54 for 2003. The increase in liquidity ratios in the years 2002 and 2003 is an indicator that company has improved in ability to repay short term debt and also good message to the company investor and prospective investors. In the Long Term Solvency Ratios, the Total Debt ratio for Krispy Kreme has grown from 0.27 for 2002 to 0.33 for 2003, and the Debt-to-Equity ratio has grown from 0.36 for 2002 to 0.50 for 2003. An increase in Debt-to-equity ratio is an indicator that company uses debts to run its operation. As the cost of debt is less than the cost of equity so WACC of the company will reduce down. A high debt-to-equity ratio puts a company at the risk of solvency if the debt is not managed. The Times Interest earned ratio has dropped from 127.25 for 2002 to 31.75 for 2003. High increase in debt-to-equity ratio and drop in Times Interest earned ratio are indicators that the company ability to pay its long term debt is put into question. The Asset Utilization Ratios for Krispy Kremes Inventory Turnover, has decreased from 22.49 for 2002 to 18.83 for 2003 and the Day Sales for Inventory has increased from 18.61 for 2002 to 23.31 for 2003. This is an indicator the inventory is not as well managed in 2003 as it was done in 2002. The Receivables Turnover ratio has decreases from 16.87 for 2002 to 16.05 for 2003 and the Day Sales in Receivables has increased from 24.89 for 2002 to 25.52 for 2003. The Total Assets Turnover ratio has also deteriorated from 1.85 in 2002 to 1.48 in 2003. The ratio indicates efficiency of utilization of assets has reduced in 2003. In the Profitability Ratio for Krispy Kreme, although the companys Profit Margin has increased from 6.69% for 2002 to 6.81% for 2003, the Return on Assets has declined from 10.33% to 8.16%, and also the Return on Equity have also gone down from 14.06% to 12.25%. But EPS of Krispy Kreme has increased from 0.49 for 2002 to 0.61 for 2003, which is a rise of 24.5%. Companys profit margin and EPS have both increased in 2003 when compared to 2002; this is even when the increase in profit margin is not significant. Krispy Kreme has been able to generally control its costs of sales. The Costs of sales are growing slower than the growth in sales. The growth in the operating expenses is less than growth of sales in both years 2002 and 2003. In 2002 and 2003 percentage increase in income tax is higher than percentage change in sales. The Net profit increase in percentage terms is more than the increase in the amount of sales increase. This is an indicator that there is an efficient operation of Krispy Kreme. Increase in percentage of the General and Administrative Expenses is more than increase in sales in both years 2002 and 2003. The company say that this is the case due to the massive expansion program that they have embarked on and thus they have incurred cost by hiring more employees by paying their salaries and other related costs. The number of shares which are outstanding has increased from 54,271 thousand to 56,295 thousand in 2003; this is a rise of 3.73%. Krispy Kreme has allowed 10,000 shares of preferential stock but has not gone forward to issue them. There have not been any dividend payments since 2001 by Krispy Kreme. Therefore the Yield from Dividend s is 0% for 2002 and 2003. There is an increase in Earnings per share from $0.49 for 2002 to $0.61 in 2003; this is an evidence of potential for the growth of the company. The assets of the company have also grown in 2003. This helps to indicate that Krispy Kremes stock is a Growth Stock and helps to explain the investors have not been paid any dividend. This is well stated in the report as is well explained, à ¢Ã¢â€š ¬Ã‚ ¦We intend to retain our earnings to finance the expansion of our business and do not anticipate paying cash dividends in the foreseeable futureà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Dividend Payments are restricted by our bank credit facilitie s to 50% of our net income for the immediately preceding fiscal year Like a lot of companies globally, there is an increase in the number of challenges that affect operations of all companies in the market. Some of the challenges that are facing Krispy Kreme are; increase in competition, there are changes in customer preferences and tastes, the abilities of Krispy Kreme to manage growth, the quality of the franchise stores that are in operations, also the delays in the opening of stores and changes in technology. The price and also the availability of the raw materials necessary to run their operations is also a major challenge to Krispy Kreme. The human resource that is hired by the company is the most important asset and thus they should ensure that they help the company to overcome all the challenges. The staff must work hard by developing strategies that position Krispy Kreme for success in the future. The management must drive the company to success, this will be possible by the managing accounting ensuring they maintain well and report all the f inancial results to the managers. These reports should be both nonfinancial and financial reports and in them they should include; projections, company estimates and forecasts. Krispy Kreme is a company that is growing well and has a health financial position. The company has a solid capital investment worldwide and its cash flow is commendable. The cash flow is used to fund a lot of operations and is very important to the company. The Improvement in liquidity ratio is a good sign for the company and a growth by 24.5% in EPS shows that the company is growing. The decision by the company not to pay dividend in 2002 and 2003 is wise since the company has embarked on expansion program. The major concern is the ability of the company to service its long term debts; the company should also improve its utilization of assets and efficiently manage its inventory.

The Role of Mama in A Raisin in the Sun Essay examples -- A Raisin in t

In the 1950’s through the 1960’s women were not respected in there everyday lives, in the job field or in general. They did not have the rights they deserved, so during this time the â€Å"women’s movement† began. Women fought for their rights and fought for the self-respect that they thought they deserved. In the play A Raisin in the Sun by Lorraine Hansberry, the character Mama, expresses her feelings of pushing or extracting a new side for a woman. Her role explains that woman can be independent and can live for themselves. Through her behavior in this play she demonstrates that women can support and guide a family. Mama is in charge of the family, which is unusual, since men are traditionally the â€Å"head of a family†. Through Mama’s wisdom and dialect she expresses and portrays an image of pro-feminism. Mama’s experience in the play A Raisin in the Sun illustrates the expressions, the emotions, and the feeling with which Mama a nd women had to cope. She was able to characterize this through her passionate dreams, her control and her strong willed attitude. Mama is a powerful, strong witted person. She has a lot of control in this play and dominates as a woman character. This is unusual because this is usually a male’s position in life. She is a woman, â€Å"who has adjusted to many things in life and overcome many more, her face is full of strength†. In this play she is illustrated as taking over for the head of the family and controls the lives of everyone in her house. Rules are followed to Mama’s extent. She controls what is said and done in her house. After Walter yells, â€Å"WILL SOMEBODY PLEASE LISTEN TO ME TODAY!† (70). Mama responds in a strong tone of voice saying, â€Å"I don’t ‘low no yellin’ in this house, Walter Lee, a... ...r’s household most women in this period had no self-respect and were controlled by their husbands. In A Raisin in the Sun, Mama illuminates the fact that woman can exist and can do positive things in the world on there own. By Mama’s role, she shows that women can live on their own without the guidance of men. Mama’s strong; bold attitude overcame the aspirations of the struggle between men and women, which led to clarifying the book as a guide to the upbringing of the women’s movement. Through Mama’s desires, the play A Raisin in the Sun examines the expressions, the emotions and the feelings of what woman had to cope with during the 1950’s and 1960’s. Mama’s dreams and her attitude designed a new path for woman to walk on. Through Mama’s conduct this play reveals a positive attitude towards the women’s movement and represents that woman can survive on their own.

NAFTA Destroyed Employment Essay examples -- Free Trade, Globalization

NAFTA and the North American Worker The North American Free Trade Agreement (NAFTA) was signed into law on December 8, 1993 by former President Bill Clinton. The goal was to facilitate trade between the U.S., Mexico, and Canada by eliminating tariffs on goods traded between them, but it was also about creating jobs. William Orme (1996) affirmed, â€Å"From the beginning, the Bush Administration said NAFTA was about three things: ‘jobs, jobs, jobs’† (p. 112). The trade agreement was sold to the workers of North America with the promise of better jobs, higher pay, and faster growth, but it did not turn out this way for workers in the U.S., for workers in Mexico, or for workers in Canada. According to the Economic Policy Institute, instead of an increase in better paying jobs in the U.S., over a million jobs were lost in ten years with a decrease in wages for many workers with less than a college education (Scott, Salas, & Campbell, 2006). The Mexican economy that NAFTA was expected to prop up has become one of cheap labor used to assemble imported goods into final products for export. James Cypher (2011) confirmed: â€Å"NAFTA has permanently tied Mexico to a low-wage export strategy† (p. 62). In Canada, the once generous social welfare programs granted to workers and citizens alike have been reduced since NAFTA was ratified. The U.S. Worker Although the impact has been less due to the size of the U.S. economy, the U.S. worker has still been adversely affected since NAFTA was implemented. This has been mainly due to the growing trade deficits with Mexico and Canada that have arisen after the agreement became law. The high-paying jobs of U.S. workers in industries that manufacture and export goods have been displaced as a result of more g... ...ited?. The International Economy, 22(3), 24-35. Retrieved from Research Library. (Document ID: 1554987891). Bacon, D. (2004). The children of NAFTA: Labor wars on the U.S./Mexico border. Berkeley: University of California Press. Cypher, J. M. (2011). MEXICO SINCE NAFTA: Elite Delusions and the Reality of Decline. New Labor Forum (Murphy Institute), 20(3), 60-69. Retrieved from EBSCOhost. MacArthur, J. R. (2000). The selling of "free trade": NAFTA, Washington, and the subversion of American democracy. New York: Hill and Wang. Orme, W. A. (1996). Understanding NAFTA: Mexico, free trade, and the new North America. Austin: University of Texas Press. Scott, R. E., Salas, C., & Campbell, B. (2006). Revisiting NAFTA: Still not working for North America’s workers. Economic Policy Institute. EPI Briefing Paper #173. Retrieved from http://www.epi.org/publication/bp173/.

Compare and contrast the dictatorships of Hitler and Stalin Essay

Totalitarianism is when all three powers of the state (judicial, executive, and legislative) are controlled by one person. This is what happened in the twentieth century when Adolph Hitler and Joseph Stalin became the dictators of Germany and Russia. They were similar in many ways but had completely different fundamental ideas. Hitler was born in 1889 in Austria . He left school with no qualifications and fought in the First World War. Stalin was born in 1879 in Georgia. His original name was Iosif Dzugashvili but he changed it to Stalin (which means â€Å"man of steel†). Both Hitler and Stalin had relatively low backgrounds. Both Hitler and Stalin came to power in difficult times. After loosing the First World War, Germany was in dept. There had been a hyper-inflation and the Germans were eager for change. Russia on the other hand was in the middle of a revolution and communism was being installed. Both Hitler and Stalin were capable of using the current economical situation to help them to power; promising everything the Germans and Russians wanted. Unlike Stalin, Hitler was very good at making speeches but they were both devious and ruthless leaders. Neither Hitler or Stalin believed in democracy but they still had very different beliefs. Stalin was a member of the Russian Communist Party. He thought that a country could only progress under this regime where everything belongs to everyone and there are supposedly no rich and no poor; everyone is equal. Hitler was fascist: he believed that all Jews, homosexuals, mentally ill and gypsies should be killed and only the Aryan race should live (white Europeans who had blond hair and blue eyes). Hitler also wanted to destroy the communist party and rebuild his army to expand Germany. Both leaders wanted to rebuild their country and make it more powerful. Hitler and Stalin both used terror to keep people in line. They had a large  secret police that they would use to crush any opposition. In both countries people and children were encouraged to report on one another. People who criticized or opposed Hitler or Stalin were arrested tortured and killed or sent to gulags (in Russia) or concentration camps (in Germany) where they did forced labor. Gulags were often situated in Siberia and the prisoners were badly fed and dressed and not payed. Hitler and Stalin would not hesitate to kill or exile any political opponents or people seen as threats within or without of their party. Both dictators banned all other political parties. Hitler and Stalin were both able to control what the population though and what information it received. They controlled the cinema, education, arts, the media (newspapers and radio)†¦ They also controlled religion; in Russia belief in God was replaced by belief in communism and Stalin. Propaganda played a big roll in both their dictatorships. In Russia, paintings, films, plays and posters gave a positive image of Stalin, promoting him as the best leader. In Germany, propaganda was used to show that the Nazis were doing the best things for the Germans. Propaganda always exaggerated and promoted Nazi achievements and ideas. In both cases failures were hidden from the public. Both Hitler and Stalin changed life a lot for the people of their countries. They created a lot of jobs but the workers were very badly paid and worked for long hours. Stalin created jobs in the industry and farming and Hitler in the military and infrastructure. Stalin believed that women should work too and in 1937, forty percent of workers were women. Hitler on the other hand believed that women were to stay at home and take care of the children. When Hitler came to power he sacked most women that were already working. In both cases their were very few women in politics. Children were taught that Hitler/Stalin were heroes. Schools were used to promote communism and fascism. Girls were taught baking and childcare. Outside of school children were encouraged to join the Hitler Youth (in Germany) and the Pioneers (in Russia). Boys were shaped to become industrial workers or soldiers and girls to raise and take care of a family. Under both Hitler and Stalin’s dictatorships the lives of the Germans and Russians were changed a lot. They both controlled what information got to the people and used terror to maintain order. They were also both able to use to their advantage many things like the economical crises. Though both rulers had different goals they had similar means to achieve them.

Elearning Business Plan

DECLARATION OF ORIGINALITY OF WORK I affirm that the attached flex is entirely my open, bargonly where the words or ideas of new(prenominal) writers be specific totallyy ac familiarityd according to trust costy citation conventions. This assignment has non been submitted for whatsoever otherwise line of products at Robert Kennedy College or e very(prenominal)(prenominal) other institution. I stick erupt revised, edited and proofread this paper. Veronika Olenika, 10/08/2012 hallmark OF AUTHORSHIP I certify that I am the author of this paper and that any assistance I received in its preparation is amply acknowledged and fully disclosed in this paper.I break likewise cited any sources (footnotes or endnotes) from which I apply data, ideas, theories, or words, whether quotes directly or paraphrased. I further acknowledge that this paper has been watchful by me specifically for this charge. Veronika Olenika, 10/08/2012 midterm examination examination Entrepreneurshi p Word count 3016 (excluding bibliography, gameboard of contents, appendices, exhibits) paginate 1 t fitted of confine 1 determination ownr Summary 4 1. 1 1. 2 1. 3 1. 4 1. 5 1. 2 Service 4 melodic line Case .. 4 commercialize Size 5 Start-up appeals .. 6 Pay-off direction con run for .. 7 profession design 8 2. 1 2. 2 2. 3 2. 4 2. 5 2. 6 Overview 8 Business Model . 8 trade analytic thinking financial literary arguments 11 general St computegy (Development Plan) . 13 militant Advant sequence 15 appurtenance 1 Man agement Team . 16 Exhibits. 8 Bibliography 24 Exhibits List mesa 1 Forecasted In distinguish disceptations . 5 delay 2 reason mart Sh be . 6 tabularise 3 face Participants per Age sort out .. 10 circuit board 4 value Results 0 rascal 2 Table 5 go out 3 eld Income give tongue toment 11 Table 6 project 3 old age eternal rest Sheet 12 Table 7 project 3 age bullion operate 12 e digate 1 keep abreast Results . 4 intention 2 Forecasted break-even chart look 3 Start-up Roadmap 14 range of a function 4 Calculated NPV for the start-up 18 design 5 communicate hitchic fiscal solid groundment of Accounts for 2012/2013 18 effigy 6 project periodical fiscal narrative of Accounts for 2014 .. 19 Figure 7 tolerateed monthly monetary command of Accounts for 2015 .. 0 Figure 8 project Monthly Income story for 2013 20 Figure 9 intercommunicate Monthly Income Statement for 2014 21 Figure 10 Projected Monthly Income Statement for 2015 . 21 Figure 11 Projected Monthly bills Flow 2012/2013 . 22 Figure 12 Projected Monthly change Flow 2014 2 Figure 13 Projected Monthly currency Flow 2015 23 rogue 3 1 Executive Summary 1. 1 Service e-Individual delivery cross is a new attend for the food merchandise in my sphere. This aids pass on aid large number who ar impulsive to learn outside(prenominal) speech communicatings (Russian, English, German, French, Italian, Spanish, Norwegian, Fi nnish and other vocabularys) to accomplish this directly from their short letters and/or homes with no inquire to go to the special var. institutionalize and to spend m for the modality to and from the run-in venue. 1. 2 Business CaseAnalysis of the market has revealed that the take a modality in overseas lyrics knowledge is growing constantly. This is subscribe tod for dividing line enlargement to other markets and in do to bring through the competitive return of al prompt subsisting craftes. It became obvious to the different pack that foreign linguistic communication knowledge is necessitate to hold the lucrative opportunities. There is a atomic pile of proposals on the market for foreign speech courses, al wizard you dupe to arrive to a certain place run-in course piazza 1. to join the convention and the date of the course which is not always prosperous 2. o have an several(prenominal) language course session for the equipment casualty that is proud than for free radical training According to the new-made research 81% of raft be entrusting to learn the demanded language to each angiotensin-converting enzyme and not deep down the group, further they be constrained with the determine of the individual language session. The comparable research revealed that 90% of the aforementi unrivalledd(prenominal) people ar ready to bespeak an advantage of distance eruditeness in order to hold their time and to have the flexibility for other tasks and duties they atomic number 18 make to touch.Besides that, they atomic number 18 ready to pay or so high(prenominal) price that is specify for the group trainings and slightly lower price that is learnd for the individual trainings. Figure 1 Survey Results Would you take a disctance knowledge course? 6% 1% 3% Would you take aim the individual language course if this would make up 2/3 from the menses price? 1% 5% 13% 90% 81% quite Yes Yes sort of No No rath er Yes Yes so angiotensin converting enzymer No No scalawag 4Our proposal To give individual language course sessions at two thirds of the currently existing price on the market (15 EUR vs. 20 EUR excl. VAT) This magnificentnessly gets to us 30% of currently lost(p) market and also 50% of the people who atomic number 18 go awaying to change their educational sessions from group to individual approach. The forecasted Income parameter is presented for your name and address below, please refer to the 2. 4 Financial Statements Chapter for details. Table 1 Forecasted Income StatementsIncome Statement for familys ended descent-12 gross revenue (50% of average gross revenue is expected in the eldest functional yr) Electricity Utilities Internet employ Advertisment Salaries ( instructors) Salaries (managing music manager/ HR manager) profits (Assistant) hire (Accountant) depreciation (equipment) proceeds before Interset worry (2%) benefit befor Tax Taxes (35%) me shwork/Loss later on(prenominal) Tax regrets-13 Dec-14 Dec-15 (10,000. 00) (10,000. 00) (10,000. 00) (10,000. 00) 114,660. 00 (330. 00) (330. 0) (240. 00) (6,000. 00) (3,000. 00) (61,600. 00) (5,500. 00) (3,850. 00) (6,600. 00) (4,620. 00) 22,590. 00 (1,242. 00) 21,348. 00 (32,844. 00) (11,496. 00) 176,400. 00 (360. 00) (360. 00) (240. 00) (6,000. 00) (1,200. 00) (67,200. 00) (12,000. 00) (4,200. 00) (7,200. 00) (4,620. 00) 73,020. 00 (1,242. 00) 71,778. 00 (32,844. 00) 38,934. 00 176,400. 00 (360. 00) (360. 00) (240. 00) (6,000. 00) (1,200. 00) (67,200. 00) (12,000. 00) (4,200. 00) (7,200. 00) (4,620. 00) 73,020. 0 (621. 00) 72,399. 00 (32,844. 00) 39,555. 00 1. 3 Market Size The effectiveness for the market is grand for the aid advised, cod to the fact that we be not constrained with school-age childs and educateers carnal front at one place, these constraints atomic number 18 single-minded by promote r of world capacious web internet access and friendly networking applications like Skype and others. However in order to start with a prototype for our respectable we atomic number 18 aiming to the audience of around 635000 inhabitants of our awkward who fall within the 19-60 age group. 0% of this amount has to know at least two languages out-of-pocket to the geographical plaza of the boorish and the serve ups/products this agricultural is focussing on, t hence our audience is 508000 people. Lets assume that according to the statistics only tertiary part of them has their own PCs Workstations, Notebooks or iPads, then our audience now is limited to 152400 people. paginate 5 These people get out come from different aras, notwithstanding out-of-pocket to the fact that the main usefulness aras for our country atomic number 18 tourism, woods and IT function we do have a good hazard for the service proposed.With the intend teachers cleverness we provide appl ication 7% (refer to Calculated Market Share) of the market per class with assumption that every node depart stay with us at least for one year. Thus, we have a very good outlook for our service supplement. Table 2 Calculated Market Share teachers working days sessions a day capacity for one year* calculated market size % of the operable market 8 230 6 11040 152400 7% 1. 4 Start-up apostrophize Start-up cost for the service are 62100 EUR to be prepared to start the work on a high quality aim.The start-up costs include but are not limited to high society legal mandate Office re-engineering/ correctation costs expression platforms adaptation for on-line sessions Internet nexus set-up Office arrangements (furniture, stationery, etc. ) Advertisement expenses The start-up investment testament be covered by National avow with intimacy rate 2% and for 2 age deferred payment for the borrowed amount. 1. 5 Pay-off We are proviso to break-even in 2 old age and 10 m onths.The assumptions are as follows First operational year Jan-Jun13 in average 50% of plotted gross sales are comp permited First operational year Jul-Dec13 in average 80% of externalisened sales are realized morsel and subsequent operational years are operated on 100% of the visualizened sales level. Page 6 Figure 2 Forecasted break-even chart EUR, K 90 60 Potential Reward 30 Break-even 0 t Dec13 Dec14 Dec15 Dec16 Dec17 -30 -60 judiciousness of hole NPV for the project covering 5 years forecast is equal 31449. 0 EUR (please refer to the Figure 4 Calculated NPV for the start-up). 1. 6 way Team The Managing film coach and HR manager is a Project Management Professional since 2009 (PMI) with commodious experience in IT come with management. She is a second year General MBA student at Robert Kennedy College, Switzerland. The Accountant is a master copy comptroller, with an extensive experience in invoice for much than 10 years, operating within the companies up to 250 employees.The Team start of the teachers group English language teacher, graduate of the State University with extensive experience of educational programs phylogeny and courses behaviourion. (Please refer to the Appendix 1 Management Team for detailed team members information) Page 7 2 Business Plan 2. 1 Overview Our e-Individual Language Course service will tackle at least two issues 1. Provides an hazard to learn the foreign language individually at a lower price (2/3 from the current market price) 2.Provides flexibility in learning sessions receivable to individual approach to each and every customer we have. At the min we are provision to have lodge 9 languages in our service, these are English German French Latvian Russian Italian Spanish Norwegian Finnish The languages listed in a higher place are of a great pursual for our inhabitants ascribable to the reason that the main business focus of the country is Tourism. other device driver to learn the Scandinavian languages is an opportunity to watch over jobs in dwell countries and to raise the level of living.One individual language session shall stick up for 60 minutes, i. e. one astronomic hour. The in demand(p) time of the session is agreed in advance with the teacher. The session itself is run via Skype hence all the necessitate files could be divided up either thru the communication tool or via e- broadcast in advance. The communication tool, that we are planning to use is designed for boob tube transmission, thus the teacher and the student will teach and hear each other like they are in one room. 2. 2 Business ModelThe value proffer of the e-Individual Language Course service is to let our customers the high quality language course at lower prices than currently exists and inventory the sessions independently from student material front man capabilities. Every language teacher has his/her own schedule, which has to be filled with six one hour sessions in a t imeframe from 800 until 2200. Having such(prenominal) flexibility in a time table let both the student and the teacher to learn the about appropriate time expansion slot for the studies.Moreover, the studies sessions must not be schedule always to one and the same timeslot, but could vary depending on the student availability. Another important thing is that student may select a number of sessions per hebdomad/month, so his/her studies will proceed in the most efficient way. Our teachers will cater a recommendation on the frequency of the language sessions/ lessons, however the final decision will always stay with the student. Page 8 An office plaza is a savings item for our start-up.We do not need to rent a grand office and setup separate inhabit for the individual or group language sessions, like our competitors do, referable to the fact that teachers and students physical bearing is required while the session. We will limit our office space to triple rooms and our teac hers will be position in a so called boxes in order they will be able to conduct the language sessions efficiently with their students and would not disturb their colleagues, working at the same time. In addition, for early mornings and late evenings sessions it is allowed to conduct these from teachers homes.The aforementioned saving is quantifiable. We will require 55 m 2 of the office space for all our employees, however if the physical presence would be required for students and their teachers, we would need at least seven 10 m2 spaces, meaning 90 m2 together with MD/HR and Accountant rooms. The price for the chosen office space is 10 EUR per determine meter per month, when we are talking near the distance learning model. When the physical presence is required we are talking roughly the language office preferably in the city centre with much higher prices 30 EUR per square meter per month.Thus at that place is an overt saving of 2150 EUR a month, 25800 EUR a year. We do n ot forecast our harvest-tide at the current meaning. However, we do see the potential in extension of the languages set and the geographical extension, covering neighbor countries, due to the fact that we have a good knowledge of their language, because of our joint fib during a long period of time (from 1917 till 1990). 2. 3 Market Analysis The single market outline has been performed. Our analysis has revealed a good potential for our opportunity of e-Learning individual Course service.There are no language course companies with the similar proposals on the market at the moment, thus we are in a good position with our start-up from the market niche occlusive of view. Our country population we are interested in is limited to 635000 inhabitants form the 19-60 years age group. 80% of this amount has to know at least two languages due to geographical position of the country and the services/products this country is focusing on, thus our audience is 508000 people.Lets assume tha t according to the statistics only every 3rd has their own PCs Workstations, Notebooks or iPads, with several(prenominal) internet confederation and video facilities, thus our audience now is limited to 152400 people. These people arise from different areas, but due to the fact that the main service areas for our country are tourism, woods and IT services we do have a good opportunity for the service proposed. In order to stick out our assumption, the small survey has been held. The following questions were intercommunicate 1. atomic number 18 you planning to take a language course within abutting year? 2.Do you need this for your master copy growth/ opportunities? Page 9 3. Would you select the individual language course if this would cost 2/3 from the current price? 1 4. Would you take a distance learning language course? 2 5. If Yes, for Nr. 4 Would this fork up significantly your time due to unnecessary travel? 3 6. If Yes, for Nr. 4 Would this save significantly your ti me due to compromising individual schedule? 4 The number of people participating in the Survey was 650 from different age groups (19-60 years). here(predicate) is the breakdown of the participants per age-group Table 3 Survey Participants per Age GroupAge group Number per age group % per age group 19-25 225 35% 26-40 325 50% 40-60 100 15% You may look into the survey results below Table 4 Survey Results Nr. Questions / Answers earlier Yes Yes Are you planning to take a language course 1 within the contiguous year? 200 Do you need this for your proffesional growth / 2 opportunities? * 150 Would you select the individual language course if this would cost 2/3 from the current 3 price? * 80 Would you take a distance learning language 4 course? * 20 If Yes, for Nr. 4 Would this save significantly 5 your time due to unnecessary travel? * If Yes, for Nr. 4 Would this save significantly your time due to compromising individual 6 schedule? ** Rather No No 350 420 80 40 20 20 Rather Yes ( %) 31% 24% Yes (%) 54% 67% Rather No (%) 12% 6% No (%) 3% 3% 510 570 10 35 30 5 13% 3% 81% 90% 2% 6% 5% 1% 300 236 44 10 51% 40% 7% 2% 120 400 50 20 20% 68% 8% 3% As you may see 85% of the survey participants are planning to take a language course within one year and 94% from them are ready to pay 2/3 of the price that currently is set for the individual lessons on the market.Moreover, our assumption that flexible schedule and time savings due to travel is also important to the respondents has been substantiate 91% and 88% accordingly. The survey results preceding(prenominal) are very optimistic for our start-up, however in order to attract these people to our service we need to launch the respective(prenominal)(prenominal) ad entreat. Our focus for the advertizing campaign is as follows 1 2 3 4 100% constitute the answers Rather Yes, Yes, Rather No 100% constitute the answers Rather Yes, Yes, Rather No 100% constitute the answers Rather Yes, Yes 100% constitute the answers Rat her Yes, Yes Page 10Adds within the public transportation, covering 35% of our potential customers (1625 age group) Adds on radio receiver/TV/Internet (social networks, e-mails), covering the 50% of our potential customers (26-40 years) Post notes, cards, etc. delivered to the mail boxes, covering the rest 15% of our potential customers (40-60 years) We are planning to continue the advertisement of our service further in 2013 2015 depending on the outcome of the eldest advertisement phase, selecting one or two most effective advertisement channels. 2. Financial Statements The following intercommunicate financial statements have been developed for the e-Individual Language Course service, covering 3 years projection of business operations Projected Financial Statements of Accounts (please refer to Figures 4 to 6 in Exhibits section, page 18 for periodical breakdown) Projected Income Statements (please refer to Figures 7 to 9 in Exhibits section, page 20 for monthly breakdown) Projected currency flows (please refer to Figures 10 to 11 in Exhibits section, page 22 for monthly breakdown. The yearly summary for all the financial statements mentioned higher up could be nominate here Table 5 Projected 3 years Income Statement gross revenue Electricity Utilities Internet guide Advertisment Salaries (teachers) Salaries (managing director/ HR manager) Salary (Assistant) Salary (Accountant) depreciation (equipment) win before Interset evoke (2%) pelf befor Tax Taxes (35%) pelf/Loss afterward Tax Dec-12 (10,000. 00) (10,000. 00) (10,000. 00) (10,000. 00) Dec-13 114,660. 00 (330. 0) (330. 00) (240. 00) (6,000. 00) (3,000. 00) (61,600. 00) (5,500. 00) (3,850. 00) (6,600. 00) (4,620. 00) 22,590. 00 (1,242. 00) 21,348. 00 (32,844. 00) (11,496. 00) Dec-14 176,400. 00 (360. 00) (360. 00) (240. 00) (6,000. 00) (1,200. 00) (67,200. 00) (12,000. 00) (4,200. 00) (7,200. 00) (4,620. 00) 73,020. 00 (1,242. 00) 71,778. 00 (32,844. 00) 38,934. 00 Dec-15 176,400. 00 (360. 00) (360. 00) (240. 00) (6,000. 00) (1,200. 00) (67,200. 00) (12,000. 00) (4,200. 00) (7,200. 00) (4,620. 0) 73,020. 00 (621. 00) 72,399. 00 (32,844. 00) 39,555. 00 Page 11 Table 6 Projected 3 courses Balance Sheet Balance yellow journalism as at 31-Dec-12 ASSETS Non-current assests Computers, Cofee-machine, etc accrued derogation (straight-even, 5 years) Language Programs afoot(predicate) assets backup receivables Cash at buzzword and in hand Total Assets legality AND LIABILITIES law Retained Earnings (Profit/Loss) Non-current liabilities catamenia Liabilities Borrowings (all brim overdraft) bargain collectibles Total loveliness and liabilities Table 7 Projected 3 years Cash Flow 1-Dec-13 31-Dec-14 31-Dec-15 23,100. 00 6,300. 00 29,400. 00 21,800. 00 51,200. 00 (10,000. 00) 23,100. 00 (4,620. 00) 6,300. 00 24,780. 00 14,924. 00 23,100. 00 (9,240. 00) 6,300. 00 20,1 60. 00 33,478. 00 23,100. 00 (13,860. 00) 6,300. 00 15,540. 00 41,453. 00 56,993. 00 39,704. 00 (21,496. 00) 61,200. 00 53,638. 00 17,438. 00 36,200. 00 56,993. 00 56,993. 00 61,200. 00 51,200. 00 39,704. 00 3,638. 00 Cash flows statement for the year ended in operation(p) get ahead disparagement costs care payable Cash generated from operations concern stipendiary Taxation gainful concluding hard silver in from operation activities Cash flows from drop activities intangible asset assets (additions) wage bullion utilise in investment activities Cash flows from backing activities Re-payment of add notes Net cash spring from funding activities Net reducing in cash and cash equivalents Reconciliation 31-Dec-12 31-Dec-13 31-Dec-14 31-Dec-15 (10,000. 0) 21,348. 00 71,778. 00 72,399. 00 4,620. 00 4,620. 00 4,620. 00 1,242. 00 1,242. 00 621. 00 (10,000. 00) 27,210. 00 77,640. 00 77,640. 00 (1,242. 00) (1,242. 00) (621. 00) (32,844. 00) (32,844. 00) (32,844. 00) (10,000. 00) (6,876. 00) 43,554. 00 44,175. 00 (10,000. 00) (6,876. 00) 43,554. 00 44,175. 00 (25,000. 00) (36,200. 00) (25,000. 00) (36,200. 00) (10,000. 00) (6,876. 00) 18,554. 00 7,975. 0 (6,876. 00) 18,554. 00 7,975. 00 Page 12 All the above financial statements have been calculated based on the following assumptions The number of personal (11 people) requires at least 5 m2 of the working space according to our countrys labor law, thus the rent was calculated for 55 m 2 office space. Notebooks with headsets and respective software will be required for 10 out of 11 employees, due to the fact that the Managing Director/HR carriage will use her personal notebook computer during the start-up activities.The language programs adaptation costs will be spent and paid out during the preparation phase to the respective teachers in December2012 The advertisement campaign will be launched in December 2012 to attrac t as many potential students as possible in order to fulfill our assumption for the teachers load for the set-back fractional of the operational year 2013 (50% respectively). Considering all of the above our goal is to try a break-even point in 2 years 10 months and to cover fully the initial investment that was assigned by the National Bank to the company within the same period of time.The Return on Invested cracking5 (http//www. accountingscholar. com/roic. html, accessed on 8-Aug-2012) for years 2014 and 2015 is 64% and 65% accordingly, what is authentically an impressive number for the service provider company. 2. 5 General Strategy (Development Plan) It is essential to define the major milestones for our start-up. At this major milestones we will cross substantiation our actual Financial Statements with the forecasted ones in order to understand whether we are moving forward as be after or some adjustments are required. 5 ROCI=After Tax Net Income / Capital Invested P age 13Figure 3 Start-up Roadmap 1 Business Plan is Ready 2 The backing is received 3 Office is getable Language Programs are adapted Advertisements are designed and launched 4 50% teachers capacity workload is reached 2013 H1 actuals are as forecasted 5 80% teachers capacity workload is reached 2013 H2 actuals are as forecasted 6 2014 and beyond actuals are as forecasted Milestone 1 BP is ready No doubts the current business plan is a prototype for one more detailed, however it gives the main idea of the opportunity, start-up and its potential development.Milestone 2 The funding for the start-up is lendable. This is one of the milestones when the start-up really has a chance to grow into a business. The management team of the start-up has to use the available funds according their initial plan to reach their objectives. Of course, some adjustments could be required while moving to further milestones, but this one is a confirmation of the sustainability of your business by th e investors/ positing concern. Milestone 3 here we have to have a re-constructed office space according to the size we are planning to have, with all the facilities in place and working.The facilities in our case are of furthermost(a) importance, due to the fact that our e-Learning Language Course requires very good internet connection (100 Mbs) and video transmission. The furniture and office-boxes for our teachers have to be ready as well. In parallel, to reach Milestone 3 we have to adapt the standard face-to-face language programs to the distant-learning programs. The last but not the least the advertisement has to be ready for launch via 3 advertisement channels mentioned in 2. 3 Market Analysis Chapter. Milestone 4 Now we are in our first operational year.The responsibility of the managing director with the start-up accountant is to monitor closely the sales, expenses, teachers workload and respective financial statements. This is one of the major milestones in a way tha t if the expected sales are not as high as we have planned or the forecasted expenses Page 14 are higher and increase our operational losses we will have to make a burthen decision whether we have to stay on the market or close the start-up or to change our business model. Milestone 5 Is some other important milestone that is planned to be reached by the end of the first operational year of the start-up.The same rules as for Milestone 4 are apply here. Milestone 6 Another check point for the start-up operations. We may consider our services extension and geographical expansion at this milestone in case we are proceeding according to the forecasted financial statements. As you may see from the top, our strategy is pretty simple and straightforward. We do see the opportunity for the e-Learning Language Course service the most difficult thing would be really to accomplish all the planned milestones one by one making the objurgate decisions at every milestone. Milestone reviews are pointless unless managers use them for making decisions.The decisions help planners determine what they can do to interpret success or reduce the cost of failure. (Block and MacMillan, Milestones for Successful Venture Planning, 1998, Harvard Business Review, p. 132) 2. 6 Competitive Advantage At the moment there are no companies on the market, rendering the similar services, thus we are in a very good competitive position at the moment. However, due to the fact that this service could not be patented, we do expect that other companies from the educational branch will start to propose the same service to their customers.Hence our competitive advantage is the time and the quality we are first on the market and we have the beaver teachers in our industry. Page 15 Appendix 1 Management Team Managing Director / HR Manager Summary major achievements during the last 5 years of my crew cut in several words could be expressed as management, analysis and perpetual improvement of the competence areas like Company Business Administration, Portfolio/Project Management, Company trading operations and Financial Management. I possess management, business administration, leadership, analysis and communication skills developed up to high levels.Since 2006 Ive contributed into successful project/program management practices, by means of introduction of a comprehensive estimation, planning and monitoring framework for company projects. It is worth mentioning that since 2007 more than 10 projects (up to 2m ? ) with multiple releases have been delivered to our customers successfully under my supervision and mentoring. Project Management Framework setup is another achievement I was able to accomplish. It is very important not only to line up the problems, it is much more important to make people understand that they have problems and o organize them in efficient way to resolve these. My personal Project Management experience as far as Project Management Professional PM P affirmation and participation in conferences and workshops enabled to accomplish this non unsubstantial task. The last but not the least, Ive put in order our keep down Management and Financial Management systems what resulted in tangible financial savings for the company and my current studies on General MBA program of University of Wales at Robert Kennedy College, Switzerland supported me in these endeavors.Education General MBA UoW 2nd year in emanation Master of Computer Science, Master percentage point in Telecommunications (Programming Languages, Math, Diploma on Characters Recognition) live of Radio electronics (Aviation, Electrical Circuits, Economics, Diploma on Transmission-Line Antennas) well-disposed Skills Strong leadership and communication skills, experience being a intermediary between management, customer representatives Page 16Team Lead of Teachers Group Summary An articulate measure up English teacher who is able to effectively communicate with studen ts from diverse backgrounds or varying stops of ability. A committed and dedicated professional with a proven ability to teach, make a motion and direct students to maximum performance by encouraging a positive and physical environment. Teaching English Language & pieces from KS3, KS4 and Entry level. Helping pupils to define and key different types of verbs. Tailoring English pedagogics methods to suit the needs of individual students.Planning, preparing and delivering lessons to a range of English classes. Conducting up to 6 classes in one day. Marking work and giving appropriate feedback to pupils. Devising and writing new curriculum materials. Preparing pupils for external examinations, such as GCSE and A-level. Leading a group of different language teachers. Country State University, PhD in Modern Languages Master degree in English language and publications Strong leadership and communication skills fitting to use computer-assisted educational resources.Researching new musical theme areas and maintaining up-to-date subject knowledge. Able to teach vulnerable and sometimes challenging students. A committed and organized professional. Education Social Skills Page 17 Exhibits Figure 4 Calculated NPV for the start-up Dec12 Year 2013 Year 2014 Year 2015 (61,200. 00) (11,496. 00) 38,934. 00 (72,696. 00) (33,762. 00) Year 2016 39,555. 00 5,793. 00 Year 2017 40,176. 00 86,145. 00 86,145. 00 31,449. 00 Start-up investment Profit/Loss after taxes NPV 40,176. 00 45,969. 00 Figure 5 Projected Monthly Financial Statement of Accounts for 2012/2013 Statements of Financial position Dec12 EUR ASSETS Non-current assests Computers, Cofee-machine, etc Accumulated derogation (straight-even, 5 years) Language Programs Current assets pile receivables Cash at bank and in hand Total Assets EQUITY AND LIABILITIES right Profit/Loss Non-current liabilities Current Liabilities Borrowings (all bank overdraft) Trade payables Total truth and liabilities 23,100 . 00 23,100. 00 (385. 00) 6,300. 00 29,015. 00 28,526. 50 28,526. 50 57,541. 0 23,100. 00 (770. 00) 6,300. 00 28,630. 00 28,143. 00 28,143. 00 56,773. 00 23,100. 00 (1,155. 00) 6,300. 00 28,245. 00 19,248. 50 19,248. 50 47,493. 50 23,100. 00 (1,540. 00) 6,300. 00 27,860. 00 18,565. 00 18,565. 00 46,425. 00 23,100. 00 (1,925. 00) 6,300. 00 27,475. 00 17,881. 50 17,881. 50 45,356. 50 23,100. 00 (2,310. 00) 6,300. 00 27,090. 00 8,987. 00 8,987. 00 36,077. 00 23,100. 00 (2,695. 00) 6,300. 00 26,705. 00 12,713. 50 12,713. 50 39,418. 50 23,100. 00 (3,080. 00) 6,300. 00 26,320. 00 16,440. 00 16,440. 00 42,760. 00 23,100. 00 (3,465. 0) 6,300. 00 25,935. 00 11,955. 50 11,955. 50 37,890. 50 23,100. 00 (3,850. 00) 6,300. 00 25,550. 00 15,682. 00 15,682. 00 41,232. 00 23,100. 00 (4,235. 00) 6,300. 00 25,165. 00 19,408. 50 19,408. 50 44,573. 50 23,100. 00 (4,620. 00) 6,300. 00 24,780. 00 14,924. 00 14,924. 00 39,704. 00 Jan13 Feb13 ? m Mar13 Apr13 May13 Jun13 Jul13 Aug13 Sep13 Oct13 Nov13 Dec13 6,300. 00 29,400. 00 21,800. 00 21,800. 00 51,200. 00 61200 (10,000. 00) (10,000. 00) 61200 61,200. 00 61,200. 00 51,200. 00 (3,658. 50) (3,658. 50) 61,200. 00 61,200. 00 57,541. 50 (4,427. 0) (4,427. 00) (13,706. 50) (13,706. 50) (14,775. 00) (14,775. 00) (15,843. 50) (15,843. 50) (25,123. 00) (25,123. 00) (21,781. 50) (21,781. 50) (18,440. 00) (18,440. 00) (23,309. 50) (23,309. 50) (19,968. 00) (19,968. 00) (16,626. 50) (16,626. 50) (21,496. 00) (21,496. 00) 61,200. 00 61,200. 00 56,773. 00 61,200. 00 61,200. 00 47,493. 50 61,200. 00 61,200. 00 46,425. 00 61,200. 00 61,200. 00 45,356. 50 61,200. 00 61,200. 00 36,077. 00 61,200. 00 61,200. 00 39,418. 50 61,200. 00 61,200. 00 42,760. 00 61,200. 00 61,200. 00 37,890. 50 61,200. 00 61,200. 0 41,232. 00 61,200. 00 61,200. 00 44,573. 50 61,200. 00 61,200. 00 39,704. 00 Page 18 Figure 6 Projected Monthly Financial Statement of Accounts for 2014 Statements of Financial position Jan14 EUR ASSETS Non-current assests Computers, Cofee-machine , etc Accumulated disparagement (straight-even, 5 years) Language Programs Current assets Trade receivables Cash at bank and in hand Total Assets EQUITY AND LIABILITIES Equity Profit/Loss Non-current liabilities Current Liabilities Borrowings (all bank overdraft) Trade payables Total Equity and liabilities 23,100. 0 (5,005. 00) 6,300. 00 24,395. 00 21,290. 50 21,290. 50 45,685. 50 23,100. 00 (5,390. 00) 6,300. 00 24,010. 00 27,657. 00 27,657. 00 51,667. 00 23,100. 00 (5,775. 00) 6,300. 00 23,625. 00 25,812. 50 25,812. 50 49,437. 50 23,100. 00 (6,160. 00) 6,300. 00 23,240. 00 32,179. 00 32,179. 00 55,419. 00 23,100. 00 (6,545. 00) 6,300. 00 22,855. 00 38,545. 50 38,545. 50 61,400. 50 23,100. 00 (6,930. 00) 6,300. 00 22,470. 00 36,701. 00 36,701. 00 59,171. 00 23,100. 00 (7,315. 00) 6,300. 00 22,085. 00 43,067. 50 43,067. 50 65,152. 50 23,100. 00 (7,700. 0) 6,300. 00 21,700. 00 49,434. 00 49,434. 00 71,134. 00 23,100. 00 (8,085. 00) 6,300. 00 21,315. 00 47,589. 50 47,589. 50 68,904. 5 0 23,100. 00 (8,470. 00) 6,300. 00 20,930. 00 53,956. 00 53,956. 00 74,886. 00 23,100. 00 (8,855. 00) 6,300. 00 20,545. 00 60,322. 50 60,322. 50 80,867. 50 23,100. 00 (9,240. 00) 6,300. 00 20,160. 00 33,478. 00 33,478. 00 53,638. 00 Feb14 Mar14 Apr14 May14 Jun14 Jul14 Aug14 Sep14 Oct14 Nov14 Dec14 (15,514. 50) (15,514. 50) 61,200. 00 61,200. 00 45,685. 50 (9,533. 00) (9,533. 00) 61,200. 00 61,200. 00 51,667. 0 (11,762. 50) (11,762. 50) (5,781. 00) (5,781. 00) 200. 50 200. 50 (2,029. 00) (2,029. 00) 3,952. 50 3,952. 50 9,934. 00 9,934. 00 7,704. 50 7,704. 50 13,686. 00 13,686. 00 19,667. 50 19,667. 50 17,438. 00 17,438. 00 61,200. 00 61,200. 00 49,437. 50 61,200. 00 61,200. 00 55,419. 00 61,200. 00 61,200. 00 61,400. 50 61,200. 00 61,200. 00 59,171. 00 61,200. 00 61,200. 00 65,152. 50 61,200. 00 61,200. 00 71,134. 00 61,200. 00 61,200. 00 68,904. 50 61,200. 00 61,200. 00 74,886. 00 61,200. 00 61,200. 00 80,867. 50 36,200. 00 36,200. 00 53,638. 00 Page 19Figure 7 Projected Monthly Fin ancial Statement of Accounts for 2015 Statements of Financial position Jan15 EUR ASSETS Non-current assests Computers, Cofee-machine, etc Accumulated Depreciation (straight-even, 5 years) Language Programs Current assets Trade receivables Cash at bank and in hand Total Assets EQUITY AND LIABILITIES Equity Profit/Loss Non-current liabilities Current Liabilities Borrowings (all bank overdraft) Trade payables Total Equity and liabilities 23,100. 00 (9,625. 00) 6,300. 00 19,775. 00 39,844. 50 39,844. 50 59,619. 50 23,100. 00 (10,010. 00) 6,300. 00 19,390. 00 46,211. 00 46,211. 00 65,601. 00 23,100. 0 (10,395. 00) 6,300. 00 19,005. 00 44,366. 50 44,366. 50 63,371. 50 23,100. 00 (10,780. 00) 6,300. 00 18,620. 00 50,733. 00 50,733. 00 69,353. 00 23,100. 00 (11,165. 00) 6,300. 00 18,235. 00 57,099. 50 57,099. 50 75,334. 50 23,100. 00 (11,550. 00) 6,300. 00 17,850. 00 55,255. 00 55,255. 00 73,105. 00 23,100. 00 (11,935. 00) 6,300. 00 17,465. 00 25,525. 00 25,525. 00 42,990. 00 23,100. 00 (12 ,320. 00) 6,300. 00 17,080. 00 31,995. 00 31,995. 00 49,075. 00 23,100. 00 (12,705. 00) 6,300. 00 16,695. 00 30,254. 00 30,254. 00 46,949. 00 23,100. 00 (13,090. 00) 6,300. 00 16,310. 00 36,724. 00 36,724. 00 53,034. 00 23,100. 00 (13,475. 0) 6,300. 00 15,925. 00 43,194. 00 43,194. 00 59,119. 00 23,100. 00 (13,860. 00) 6,300. 00 15,540. 00 41,453. 00 41,453. 00 56,993. 00 Feb15 Mar15 Apr15 May15 Jun15 Jul15 Aug15 Sep15 Oct15 Nov15 Dec15 23,419. 50 23,419. 50 36,200. 00 36,200. 00 59,619. 50 29,401. 00 29,401. 00 36,200. 00 36,200. 00 65,601. 00 27,171. 50 27,171. 50 33,153. 00 33,153. 00 39,134. 50 39,134. 50 36,905. 00 36,905. 00 42,990. 00 42,990. 00 49,075. 00 49,075. 00 46,949. 00 46,949. 00 53,034. 00 53,034. 00 59,119. 00 59,119. 00 56,993. 00 56,993. 00 36,200. 00 36,200. 00 63,371. 50 36,200. 00 36,200. 00 69,353. 00 36,200. 00 36,200. 0 75,334. 50 36,200. 00 36,200. 00 73,105. 00 42,990. 00 49,075. 00 46,949. 00 53,034. 00 59,119. 00 56,993. 00 Figure 8 Projected Monthly In come Statement for 2013 First operational year (2013) Sales Electricity Utilities Internet Rent Advertisment Salaries (teachers) Salaries (managing director/ HR manager) Salary (Assistant) Salary (Accountant) Depreciation (equipment) Profit before Interset fire (2%) Profit befor Tax Taxes (35%) Profit/Loss after Tax Jan13 7,350. 00 (20. 00) (500. 00) (385. 00) 6,445. 00 (103. 50) 6,341. 50 6,341. 50 Feb13 7,350. 0 (30. 00) (30. 00) (20. 00) (500. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) (665. 00) (103. 50) (768. 50) (768. 50) Mar13 7,350. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) (965. 00) (103. 50) (1,068. 50) (8,211. 00) (9,279. 50) Apr13 7,350. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) (965. 00) (103. 50) (1,068. 50) (1,068. 50) May13 7,350. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 0) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) (965. 00) (103. 50) (1,068. 50) (1,068. 50) Jun13 7,350. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) (965. 00) (103. 50) (1,068. 50) (8,211. 00) (9,279. 50) Jul13 11,760. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) 3,445. 00 (103. 50) 3,341. 50 3,341. 50 Aug13 11,760. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 0) 3,445. 00 (103. 50) 3,341. 50 3,341. 50 Sep13 11,760. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) 3,445. 00 (103. 50) 3,341. 50 (8,211. 00) (4,869. 50) Oct13 11,760. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) 3,445. 00 (103. 50) 3,341. 50 3,341. 50 Nov13 11,760. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) 3,445. 00 (103. 50) 3,341. 0 3,341. 50 Dec13 11,760. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) 3,445. 00 (103. 50) 3,341. 50 (8,211. 00) (4,869. 50) Page 20 Figure 9 Projected Monthly Income Statement for 2014 Second operational year (2014) Sales Electricity Utilities Internet Rent Advertisment Salaries (teachers) Salaries (managing director/ HR manager) Salary (Assistant) Salary (Accountant) Depreciation (equipment) Profit before Interset Interest (2%) Profit before Tax Taxes (35%) Profit/Loss after Tax Jan14 14,700. 0 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 Feb14 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,0 00. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 Mar14 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 (8,211. 00) (2,229. 50) Apr14 14,700. 0 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 May14 Jun14 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 (8,211. 00) (2,229. 50) Jul14 14,700. 00 (30. 00) (30. 00) (20. 0) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 Aug14 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 Sep14 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 (8,211. 00) (2,229. 50) Oct14 14,700. 00 (30. 00) (30. 00) (20. 0) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 Nov14 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 Dec14 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 (8,211. 00) (2,229. 50) Figure 10 Projected Monthly Income Statement for 2015Third operational year (2015) Sales Electricity Utilities Internet Ren t Advertisment Salaries (teachers) Salaries (managing director/ HR manager) Salary (Assistant) Salary (Accountant) Depreciation (equipment) Profit before Interset Interest (2%) Profit before Tax Taxes (35%) Profit/Loss after Tax Jan15 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 Feb15 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 0) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 Mar15 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 (8,211. 00) (2,229. 50) Apr15 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 May15 Jun15 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 0 (103. 50) 5,981. 50 5,981. 50 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 (8,211. 00) (2,229. 50) Jul15 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 Aug15 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 Sep15 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 0) (350. 00) (600. 00) (385. 00) 6,085. 00 Oct15 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 Nov15 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,0 85. 00 Dec15 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 6,085. 00 (8,211. 00) (2,126. 00) 6,085. 00 6,085. 00 6,085. 00 6,085. 00 6,085. 00 6,085. 00 (8,211. 0) 6,085. 00 (2,126. 00) 6,085. 00 6,085. 00 Page 21 Figure 11 Projected Monthly Cash Flow 2012/2013 Cash flows statements direct profit Depreciation costs Interest payable Cash generated from operations Interest paid Taxation paid Net cash from operation activities Cash flows from investing activities Intangible assets (additions) Net cash employ in investing activities Cash flows from finance activities Re-payment of Loan notes Net cash fount from financing activities Net decrease in cash and cash equivalents Dec12 Jan13 Feb13 Mar13 Apr13 May13 Jun13 Jul13 Aug13 Sep13 Oct13 Nov13 Dec13 (10,000. 0) 6,341. 50 (768. 50) (1,068. 50) (1,068. 50) (1,068. 50) (1,068. 50) 3,341. 50 3,341. 50 3,341. 50 3,341. 50 3,341. 50 3,34 1. 50 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 (10,000. 00) 6,830. 00 (280. 00) (580. 00) (580. 00) (580. 00) (580. 00) 3,830. 00 3,830. 00 3,830. 00 3,830. 00 3,830. 00 3,830. 00 (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (8,211. 0) (8,211. 00) (8,211. 00) (8,211. 00) (10,000. 00) 6,726. 50 (383. 50) (8,894. 50) (683. 50) (683. 50) (8,894. 50) 3,726. 50 3,726. 50 (4,484. 50) 3,726. 50 3,726. 50 (4,484. 50) (10,000. 00) 6,726. 50 (383. 50) (8,894. 50) (683. 50) (683. 50) (8,894. 50) 3,726. 50 3,726. 50 (4,484. 50) 3,726. 50 3,726. 50 (4,484. 50) Figure 12 Projected Monthly Cash Flow 2014 Jan14 Feb14 Mar14 Apr14 May14 Jun14 Jul14 Aug14 Sep14 Oct14 Nov14 Dec14 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5, 981. 50 5,981. 50 385. 00 385. 0 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (8,211. 00) (8,211. 00) (8,211. 00) (8,211. 00) 6,366. 50 6,366. 50 (1,844. 50) 6,366. 50 6,366. 50 (1,844. 50) 6,366. 50 6,366. 50 (1,844. 50) 6,366. 50 6,366. 0 (1,844. 50) 6,366. 50 Operating profit Depreciation costs Interest payable Cash generated from operations Interest paid Taxation paid Net cash from operation activities Cash flows from investing activities Intangible assets (additions) Net cash used in investing activities Cash flows from financing activities Re-payment of Loan notes Net cash outflow from financing activities Net de crease in cash and cash equivalents 6,366. 50 (1,844. 50) 6,366. 50 6,366. 50 (1,844. 50) 6,366. 50 6,366. 50 (1,844. 50) 6,366. 50 6,366. 50 (25,000. 00) (25,000. 00) (26,844. 50) Page 22Figure 13 Projected Monthly Cash Flow 2015 Jan15 Feb15 Mar15 Apr15 May15 Jun15 Jul15 Aug15 Sep15 Oct15 Nov15 Dec15 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 6,085. 00 6,085. 00 6,085. 00 6,085. 00 6,085. 00 6,085. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (8,211. 00) (8,211. 0) (8,211. 00) (8,211. 00) 6,366. 50 6,366. 50 (1,844. 50) 6,366. 50 6,366. 50 (1,844. 50) 6,470. 00 6,470. 00 (1,741. 00) 6,470. 00 6,470. 00 (1,741. 00) 6,366. 50 Operating profit Depreciation costs Interest payable Cash generat ed from operations Interest paid Taxation paid Net cash from operation activities Cash flows from investing activities Intangible assets (additions) Net cash used in investing activities Cash flows from financing activities Re-payment of Loan notes Net cash outflow from financing activities Net decrease in cash and cash equivalents 6,366. 50 (1,844. 50)