Organisational Behaviour Essay Example | Topics and Well Written Essays - 1500 words - 4

Organisational Behaviour - Essay Example It is expected that not any kind of people, but only a few with certain work personalities can become effective in particular kinds of jobs. This fact about employee types is attributed to five major personality types or characteristics found to be predominant among workers, namely: extroversion/introversion; emotional stability/instability; agreeableness/hostility; conscientiousness/heedlessness; and open-mindedness/closed-mindedness (Barrick and Mount, 1991). Depending on the line of work, there may be observed imbalances between the levels of each personality type, and this accounts for the predominating personality type among individuals in a particular work setting, which in turn dictates their success or failure in particular work settings or careers. ... ality types in each individual could affect the relative success or failure in each kind of job or work, thus it is important that aside from knowing the personal strengths and weaknesses of each individual, it is also relevant that the company’s goals be clear and concise enough to be understood (Bruck and Allen, 2003). With this in mind, the workplace must be able to create an environment that cultivates the individual’s skills in various levels and areas while at the same time relying on each person’s predominating work personality type. Different personality types go well with certain kinds of work. Person-job (PJ) fitting and person-organisation (PO) fitting has been used to assess what kind of work would make particular types of people excel, as well as predicting those that may prove to be difficult for them (Ryan and Kristof-Brown, 2003). People rating high in extroversion levels are reported to be suitable to careers with greater public exposure such as sales, those which rate high in emotional stability are more suited to law-enforcement work lie in security or police work, conscientiousness is linked with meticulous and detailed work such as engineering and architecture, agreeableness goes well with public service work such as foundations or public health work, and openness is one trait that is lauded in the academics or in research work (Mullins, 2005; Touze, 2005). When the PJ or the PO rating is good, this implies that the person is able to reconcile personal beliefs, attitudes and work goals with the organisation’s own objectives, which increases the person’s chances of staying in the organisation and achieving personal satisfaction. However, when the PJ or PO rating is bad or low, chances are that the individual’s personal preferences simply

Strengths of the biological model Essay Example for Free

Strengths of the biological model Essay Anti-depressants usually take a few weeks to have an effect and divided into three classes the first being Monoamine oxidase inhibitors (MAOIs) which include phenelzine (Nardil), the second are Tricyclics which include amitriptyline (Elavil) and have generally have fewer side effects than the monoamine oxidase inhibitors and the third class are Selective serotonin reuptake inhibitors (SSRIs) which are the newest class of antidepressants, include paroxetine (Paxil), fluoxetine (Prozac), and sertraline (Zoloft). Antidepressants are typically prescribed for depression, anxiety, phobias and obsessive-compulsive disorders. Monoamine oxidase inhibitors and Tricyclics increase the level of the neurotransmitters norepinephrine and serotonin in the brain whilst Selective serotonin reuptake inhibitors increase the level of serotonin only. Whilst antidepressants are not addictive, they often have side effects such as headache, dry mouth, constipation, nausea, weight gain, and feelings of restlessness. Of the three classes of antidepressants, MAOIs generally have the most side effects, many people who take MAOIs also have to restrict their diet, because MAOIs interact negatively with foods that contain the amino acid tyramine, such as beer and some cheeses and meats. SSRIs have fewer side effects than the other two classes of antidepressants. However, SSRIs can cause sexual dysfunction and if they are discontinued abruptly, withdrawal symptoms occur. Antipsychotic Drugs: Antipsychotic drugs are mainly used to treat mental health conditions such as schizophrenia and other psychoses, agitation, severe anxiety, mania and violent or dangerously impulsive behaviour. They include chlorpromazine (Thorazine), thioridazine (Mellaril) and haloperidol (Haldol) and usually begin to take effect a few days after they are administered. Antipsychotic drugs reduce sensitivity to irrelevant stimuli by limiting the activity of the neurotransmitter dopamine. Many antipsychotic drugs are most useful for treating positive symptoms of schizophrenia, such as hallucinations and delusions. However, a new class of antipsychotic drugs, called atypical antipsychotic drugs also help treat the negative symptoms of schizophrenia. They reduce the activity of both dopamine and serotonin. Atypical antipsychotic drugs include clozapine (Clozaril), olanzapine (Zyprexa), and quetiapine (Seroquel). Atypical antipsychotic drugs can sometimes be effective for schizophrenia patients who have not responded to the older antipsychotic drugs, however side effects include drowsiness, constipation, dry mouth, tremors, muscle rigidity and coordination problems. These side effects often make people stop taking the medications and this frequently results in a relapse of schizophrenia. A more serious side effect is tardive dyskinesia, a usually permanent neurological condition characterized by involuntary movements. To avoid tardive dyskinesia the dosage of antipsychotics has to be carefully monitored. The atypical antipsychotics have fewer side effects than the older antipsychotic drugs and are less likely to cause tardive dyskinesia. In addition, relapse rates are lower if people continue to take the drug. However, the relapse rate is higher with these drugs if people discontinue the drug as they assume they are now well and therefore do not need to take them. Lithium: One drug used in the treatment of bipolar disorders is lithium, it prevents mood swings in people with bipolar disorders. Researchers have suggested that lithium may affect the action of norepinephrine or glutamate. As with all drugs there are side effects, lithium can cause tremors or long-term kidney damage in some people. Doctors must carefully monitor the level of lithium in a patient’s blood. A level that is too low is ineffective, and a level that is too high can be toxic. Discontinuing lithium treatment abruptly can increase the risk of relapse. Recently developed alternatives to lithium include the drugs carbamazepine (Tegretol) and divalproex (Depakote). Electroconvulsive Therapy (ECT): ECT is a treatment for a small number of severe mental illnesses. It was originally developed in the 1930s and was used widely during the 1950s and 1960s for a variety of conditions. It is now clear that ECT should only be used in a smaller number of more serious conditions. ECT consists of passing an electrical current through the brain to produce an epileptic fit – hence the name, electro-convulsive. The idea developed from the observation that, in the days before there was any kind of effective medication, some people with depression or schizophrenia, and who also had epilepsy, seemed to feel better after having a fit. Research suggests that the effect is due to the fit rather than the electrical current. Electrodes are placed on the patient’s head over the temporal lobes of the brain. Anaesthetics and muscle relaxants help minimize discomfort to the patient, while an electric current is delivered for about one second. The patient has a convulsive seizure and becomes unconscious, awakening after about an hour. The typical number of ECT sessions varies from six to twenty, and they are usually done while a patient is hospitalized. The National Institute of Health and Clinical Excellence (NICE) have looked in detail at the use of ECT and have recommended that it should be used only in depression, resistant mania or catatonia. They say ECT should be considered for acute treatment of severe depression that is life threatening and when a rapid response is required, or when other treatments have failed. It should not be used routinely in moderate depression, but should be considered for people with moderate depression if their depression has not responded to multiple drug treatments and psychological treatment. Psychosurgery: As a last resort when drugs and ECT have failed psychosurgery is an option, it basically involves either cutting out brain nerve fibres or burning parts of the nerves that are thought to be involved in the disorder while the patient is conscious. The most common form of psychosurgery is a prefrontal lobotomy. Unfortunately these operations have a nasty tendency to leave the patient vegetablised or ‘numb’ with a flat personality, shuffling movements etc. due to their inaccuracy. Antà ³nio Egas Moniz discovered the lobotomy in 1935 after successfully snatching out bits of chimpanzee’s brains. It didn’t take long for him to get the message that his revolutionary treatment was not so perfect, in 1944 a rather dissatisfied patient called his name in the street and shot him in the spine, paralysing him for life. As a consolation he received the Nobel prize for his contribution to science in 1949.Surgery is used only as a last resort where the patient has failed to respond to other forms of treatment and their disorder is very severe. This is because all surgery is risky and the effects of neurosurgery can be unpredictable and there may be no benefit to the patient and the effects are irreversible. Strengths of the biological model: The main strength of the model is that drugs have been successfully used to treat a wide variety of mental disorders, they have allowed people the chance to live independently and as normal life as possible without having to stay in hospital which prior to drug treatment was the only option. Where other therapies have failed, drugs have been successful, it has revolutionised the treatment of people with schizophrenia. Drugs have helped people improve sufficiently to allow psychotherapy and allow them a chance to gain insight into their illness. Drugs have also removed the stigma surrounding people with mental health issues so they are not blamed for being ill or accused of being possessed. Another strength of the biological approach is that it is very scientific, as the experiments used are measurable, objective and can be repeated to test for reliability. Also, the researcher has more control over the variables which is evident in Selyes study of rats which led to him developing the theory of General Adaptation Syndrome. The biological approach is also deterministic and increases the likelihood of being able to treat people with mental issue and provides explanations about the causes of behaviour, this understanding can then be used to improve peoples lives. Weaknesses: One of the major weaknesses of the model is the side effects associated with drug or chemotherapy, as previously mentioned when outlining the different classes of drugs available. Most of these drugs can also cause dependency where people cannot cope without them and in some cases tolerance where the drugs actually have little or no effect. It’s also important to note that some other therapies may be ignored as busy doctors will prescribe medication rather than seek alternative means of helping the patient cope, in some cases people suffering from the stresses of daily life may be prescribed medication when exercise or relaxation could be more effective. Drug therapy also does not work for everyone such as people suffering from negative symptoms of schizophrenia where they have motivation or as it is more commonly known as Flatness of affect Another weakness of the biological model is that it focuses too much on the nature side of the nature v nurture debate. It argues that behaviour is caused by hormones, neurotransmitters and genetics. One theory is that schizophrenia is genetic, however, Bouchard and McGue (1981) twin studies show that it is not completely genetic and the environment has a part to play. Another weakness of the biological approach is that it develops theories about disorders and generalises them to apply to everyone. It does not take into account the view that humans are unique. An example of this is that General Adaptation Syndrome assumes that everyone responds in the same way to stress but does not take into account that some people have more support than others. Szasz criticised drug treatment as inappropriate, rather people had a problem with living and therefore pills weren’t the solution. Conclusion: Whilst all the approaches have been criticised, they all offer some form of therapy which has positive benefits for the patient and more importantly in some cases have worked hand in hand with other therapies to help people live better lives. None of them can be overlooked as they are beneficial to some extent. References: McLeod, S. A. (2010). Behavioral Therapy. Retrieved from  http://www.simplypsychology.org

HIV and X-ray Crystallography Essay -- Biology AIDS

WHAT IS AIDS? AIDS stand for Acquired Immune Deficiency Syndrome ACQUIRED, how? The blood, vaginal fluid, semen, and breast milk of people with the AIDS virus contains enough of the virus to transmit it to another person. Most people who have acquired the AIDS virus have done so by having sex with an infected person, sharing a needle with one, or being born to a mother who is infected. IMMUNE DEFICIENCY? Catching the AIDS virus can be lethal because it affects the immune system, which is the system in the body that fights against diseases. A person with the AIDS virus has lower levels of CD4+ cells. These cells, commonly called "T-helper" cells are an essential part of the immune system. Normal people usually have between 500 to 1,500 CD4+ cells in a milliliter of blood. SYNDROME, what syndrome? A syndrome is a health related problem that accompanies a disease. Acquiring AIDS has many side affects. As the CD4+ levels in an AIDS patient decrease, side affects including fevers, night sweats, diarrhea or swollen lymph nodes increase. Some frequently asked questions Q: What's the difference between AIDS and HIV? A: AIDS is caused by the virus called the Human Immunodefiency Virus or HIV. HIV is a retrovirus. Initially when your body is infected with the virus, it takes time for it to take its toll on the immune system. At this point its affect may not be apparent for years. HIV becomes AIDS when one has less than 200 CD4+ cells per milliliter in their blood. Q: Can you tell whether a person has AIDS just by there physical appearance? A: No. You can't tell by simply looking at someone. They may appear completely healthy. Q: Is it possible to get AIDS by the transmission of fluids such as tears or saliv... ...osure of the gp41 ectodomain. Thus, the HIV virus invades a human cell and causes infection. Implications of this experiment Although the isolation and crystallization of the gp120-CD4 complex is a milestone for HIV research, there is still much work to be done. With further research of this nature, we can learn even more about the initial interactions between HIV and the human lymphocyte cells. The more we learn about these interactions, the closer researchers will come to developing some type drug to prevent infection. In this case the ultimate goal is to discover some type of chemical that will bind to gp120 and keep it from binding to CD4. However, as there is currently no cure for AIDS, and the drugs to ease the disease's symptoms tend to be quite expensive, it is crucial that each and every person be properly educated about AIDS prevention.

Greek Philosopher Plato

Plato is one of the popular and widely read philosophers in the world. His thoughts have greatly influenced the western political mindset and discourse. Born in Athens around 427 BCE Plato accomplished a lot by writing a different treatise that shaped the world's political thoughts before his death around 347 BCE. He was a student to a great philosopher, Socrates and a teacher to a famous philosopher scholar Aristotle, who also taught Alexander the great. He was greatly influenced by his teacher, Socrates who always remains the profound character in his works. In other words, his thoughts are greatly influenced by Socrates while on the other hand, he also influences Aristotle. His thoughts are significant historically and intellectually in the western political and social infrastructure.One of the popular works of Plato is the Republic. It is popularly known as the Socratic dialogue, which Plato sought to address the issues of justice. Plato was more infuriated with the way Socrates was treated before the authority. On the same pedestal, Plato is concerned about justice and the city-state. His main investigation is whether the just man is happier than the unjust in Athens. In his argument, Plato proposes a state of the philosopher kings. He asks the society to promote education among young boys and girls so that leading them becomes easier. In other words, Plato only trusts educated leaders. He is very uncomfortable with uneducated leaders since they would not be in a position to handle the intricacies of leadership. He identifies different sets of â€Å"constitutions that promote injustice in the society, which include democracy, oligarchy, timocracy, and tyranny.† Among the four, Socrates through Plato argues that tyranny is the worst regime. Tyrants are harsher and know no language of diplomacy, but rely on wrath to instill fear in order to rule. His classical thoughts until influences political decisions in the contemporary society, not only in the west but in other parts of the world as well.From the Republic, readers are exposed to some of the social injustices fuelled by poor leadership. Plato makes it apparent that justice has been frequently used as an instrument to lure people to follow certain leaders while on the other hand, they are duped and manipulated. He relates justice as it is communicated to the person led to a bull that is well fed, not for its welfare, but for the benefit of the owner. It is blinded to believe that the good care is meant to take care of its welfare. However, the truth of the matter is that the owner gives it good feeding in readiness for slaughter. The owner wants it to be fat so that it can produce a greater amount of meat. From this standpoint, it means that the feeding is nothing meant to benefit the bull, but for the grander interest of the owner who intends to slaughter it. The same way, when people believe in justice as pronounced by their leaders, they sell themselves cheap for manipulation and tyranny. Plato is against justice that accused and executed Socrates falsely. Through his thoughts, the world has been on the lookout to shun bad leadership and dictators of history. Therefore, his arguments have been promoted in different spheres of life to promote virtue and ethics among the people living together.

Specific Investment Decisions

SPECIFIC INVESTMENT DECISIONSQ1. If a company leases rather than buy an asset, which of the following will not be a benefit to the purchaser? (MCQ)Avoiding Tax exhaustionExploiting a low cost of capital Attract lease customers Potential future scrap(2 marks) Q2. Willow Co has already decided to accept a project and is now considering how to finance the project. The asset could be leased over three years at a rental of $23,000 per annum, payable at the start of each year. Tax is payable at 25%, one year in arrears. The post-tax cost of borrowing is 8%. Calculate the net present value of the leasing option. (FIB)Years Cash flows ($)0 – 2 Rentals (23,000)2 – 4 Tax relief 5,75041084542545000NOTE: Negative answer should be shown with a negative sign (-)$(2 marks) Q3. Select the correct Lease option based on the statements given. (HA)It is a rental agreement OPERATING FINANCEMaintenance & Servicing cost of Lessee OPERATING FINANCEAgreement for the useful life of the asset OPERATING FINANCEIncluded in the balance sheet of the Lessor OPERATING FINANCE(2 marks) Q4. Tango Co. needs to decide about an asset that will be used in a project. The company has an option to either Buy the asset or Lease it. If Tango Co. opts for Buy option the following information is given: The asset is bought using a bank loan for $400,000 for a time period of three years. The scrap value of the asset is $30,000 & annual maintenance cost will be $12,000 per annum. Calculate the present value for year two using a cost of borrowing of 5% (ignoring taxation)? (MCQ)$30,000$(11,424)$(10,884)$15,552(2 marks) Q5. What are the relevant cash flows for Buy option? (MRQ)Investment and Disposal proceedsRepair & Maintenance costTax allowable depreciationTax saving on Servicing cost(2 marks) Q6. Beamer Co. wants to replace a Dyeing machine on 31st December 2017. The machine is expected to cost $360,000 if purchased immediately, payable on 31st December 2017. After four years company expects technological changes in the market making this machine redundant and leaving a scrap value of $20,000 on 31st December 2021. Capital allowance on 25% reducing balance basis. A full year allowance is given for acquisition but no writing down allowance in the year of disposal. If the maintenance cost is $15,000 per year payable at each year end & tax rate is 30%.What will be the Balancing Charge/Allowance? (MCQ)$28,172 Balancing Charge$27,000 Balancing Allowance$11,391 Balancing Charge$28,172 Balancing Allowance(2 marks) Q7. Putin Co has decided to invest in a new machine which has a ten-year life and no disposal proceeds. The machine can either be purchased now for $55,000, or it can be leased for ten years with lease rental payments of $10,000 per annum payable at the end of each year. The cost of capital to be applied is 11% and taxation should be ignored. What should be done? (MCQ)Purchase the machineLease the machineSale or LeasebackDo nothing(2 marks) Q8. A machine is leased using operating lease & the annual lease rental for six years will be $67,000 payable at each year-end. The first rental will be payable at the start of year one. Calculate net present value using a cost of capital of 13%? (FIB) 3816353683000$(2 marks) Q9. A machine is leased using finance lease & the annual lease rental for three years will be $95,000 payable at each year-end. The first rental will be payable at end of year zero in advance. The maintenance cost is $10,000 per annum for three years. Calculate net cash flow for year two using tax save rate of 30% recording in the year cash flow arises? (MCQ)$(66,500)$(73,500)$(7,000)$28,500(2 marks) Q10. â€Å"Assets with unequal lives cannot be compared to a comparison will not be like with like†. Which of the following option relates to the above statement? (MCQ)Equivalent annual costProfitability indexAsset Replacement decisionProbability analysis (2 marks) Q11. Project A with an NPV of $4m with six-year duration. Project B with an NPV of $5m with seven-year duration. Project C with NPV of $6m with a three-year duration. Cost of capital is 12%. Which of the following will be ranked second? (MCQ)Project AProject BProject CNone of the above(2 marks) Q12. The net present value of the costs of operating a machine for the next three years is $10,437 at a cost of capital of 16%. What is the equivalent annual cost of operating the machine? (FIB)4114806477000$ (2 marks) Q13. KD Co. is deciding to replace cargo planes every year or every two years. The initial cost of the plane is $200,000. The maintenance charges are as follows: First year it's Nil ; $25,000 at the end of the second year. The second-hand value would fall from $110,000 to $90,000 if it held on the plane for two years instead of a one year. KD Co. cost of capital is 4%. How often should KD Co. replace their cargo planes % what will be the equivalent annual cost of the option they choose? (MCQ)Replace every 1 year $(94,180)Replace every 1 year $(97,900)Replace every 2 years $(139,875)Replace every 2 years $(48,450)(2 marks) Q14. Which of the following statements is/are a limitation for Asset Replacement Decision? (MRQ)Replacement made every time is better than the previous assetAssets replaced have same cash inflows every yearAssumed that Machines replaced have different operational efficiencies than the previous assetIt ignores environmental damage(2 marks) Q15. Capital Rationing is the restriction on organizations ability to invest in all projects due to insufficient funds. Select the relevant statements whether they are true or false. (HA)Hard Capital Rationing is the limit on the amount of finance available imposed by the lending institutions TRUE FALSESoft Capital Rationing is the limit on the amount of finance available imposed by the lending institutions TRUE FALSEProfitability index is a solution applicable to divisible projects only TRUE FALSETrial ; Error method is the solution applicable to divisible projects only TRUE FALSE(2 marks) Q16. Riddle Co. is appraising three investment projects but is experiencing a capital rationing in Year 0. No capital rationing is expected in future, but all the projects are important for the company and cannot be delayed ; a decision needs to be taken. Riddle Co. cost of capital is 6%. Which order should the projects to be ranked? The following information is available: (MCQ)Project The outlay in year 0 ($) Present Value ($) Net Present Value ($)Jeremy 115,000 121,900 12,190James 43,000 45,580 13,674Richard 75,000 79,500 47,700Jeremy, Richard, JamesJames, Jeremy, RichardRichard, James, JeremyJeremy, James, Richard (2 marks) Q17. What is an indivisible project?It is the ratio of the NPV of a project to its investment costIt is the project that must be undertaken completely or not at allIt is the project that must be undertaken completely or partiallyIt is the project restriction due to insufficient funds(2 marks)The following information relates to Q18 ; Q19.Schneider Co. is facing a capital constraint of $150m immediately available for investment. The investments in possible projects are: Project Initial Cost ($m) NPV ($m)W 30 7X 70 12Y 60 12Z 40 16 Q18. If the projects are divisible, what is the NPV generated from the optimum investment programme? (FIB)35115524765 00 $ Million(2 marks) Q19. If the projects are indivisible, what is the NPV generated from the optimum investment programme? (MCQ)$19m$24m$28m$35m(2 marks) Q20. Place the calculation steps of Profitability index in the correct order. (P;D)Monitor the investment made in the project 1Calculate profitability index of each project 2Allocate the funds 3Rank the project 4(2 marks)SPECIFICINVESTMENT DECISIONS (ANSWERS)Q1. AAvoiding tax exhaustion is a benefit for lessee rather than the purchaser. Tax exhaustion is when a business has negative taxable income so cannot benefit from tax saving.Exploiting a low cost of capital is a benefit for the purchaserAttracting lease customers is a benefit to a lessorPotential future scrap is a benefit for the purchaser as the lessee is not entitled to future scrap proceeds Q2. $-50,289Years Cash flows ($) Discount Factor (8%) Present value ($)0 – 2 Rentals (23,000) 1 + 1.783 (64,009)2 – 4 Tax relief 5,750 3.312 – 0.926 13,720NPV (50,289) Q3. CIt is a rental agreement OPERATING Maintenance ; Servicing cost of Lessee FINANCEAgreement for the useful life of the asset FINANCEIncluded in the balance sheet of the Lessor OPERATING Q4. Year 0 1 2 3Investment / Scrap value (400,000) 30,000Maintenance (12,000) (12,000) (12,000)Net Cash flow (400,000) (12,000) (12,000) 18,000DF 5% 1 0.952 0.907 0.864Present value (400,000) (11,424) (10,884) 15,552 Q5. All cash flows are relevant for Buy option Q6. DYear 2017 2018 2019 2020 2021 2022Investment / Scrap value (360,000) 20,000 Tax save 27,000 20.250 15,188 11,391 28,172Workings:2017 (360,000 Ãâ€" 25%) = 90,000 Ãâ€" 30% = 27,0002018 (90,000 Ãâ€" 0.75) = 67,500 Ãâ€" 30% = 20,2502019 (67,500 Ãâ€" 0.75) = 50,625 Ãâ€" 30% = 15,1882020 (50,625 Ãâ€" 0.75) = 37,969 Ãâ€" 30% = 11,391Balancing Allowance (113,906 – 20,000) = $ 28,172 Q7. APresent value of leasing costs PV = Annuity factor at 11% for 10 years Ãâ€" $10,000 = 5.889 Ãâ€" $10,000 = $58,890 If the machine was purchased now, it would cost $55,000. The purchase is therefore the least-cost financing option, hence choosing the purchase option. Q8. $ – 267,866$67,000 Ãâ€" 3.998 (annuity factor for 6 years) = $ – 267,866 Q9. BYear 0 1 2 3Lease rentals (95,000) (95,000) (95,000) Maintenance (10,000) (10,000) (10,000)Tax save 30% (LR) 28,500 28,500 28,500 (M) 3,000 3,000 3,000Net cash flow (66,500) (73,500) (73,500) (7000) Q10. CEquivalent annual cost is method of converting asset lives to be like with likeProfitability index is the method to overcome capital rationingAsset Replacement decision is correctProbability analysis is method under risk ; uncertainty Q11. BProject A = $4 à · 4.111 (AF 6 years) = $0.973mProject B = $5 à · 4.564 (AF 7 years) = $1.096mProject C = $6 à · 2.402 (AF 3 years) = $2.498m Q12. $4,647EAC = $10,437 à · 2.246 (AF 3 years) = $4,647 Q13. DYear 1 Year Cash flow ($) DF (4%) PV ($)0 (200,000) 1 (200,000)1 110,000 0.962 105,820NPV (94,180)EAC = 94,180 à · 0.962 = 97,900Year 2 Year Cash flow ($) DF (4%) PV ($)0 (200,000) 1 (200,000)1 – 0.962 -2 (25,000) + 90,000 0.925 60,125NPV (139,875)EAC = 139,875 à · 2.887 = 48,450 Q14. Assets replaced have same cash inflows every year ; it ignores environmental damageReplacement made every time is like with likeAssets replaced have same cash inflows every year (limitation)Assumed that Machines replaced have same operational efficiencies like the previous assetIt ignores environmental damage, It ignores non-financial aspects (limitation) Q15.Hard Capital Rationing is the limit on the amount of finance available imposed by the lending institutions TRUE Soft Capital Rationing is the limit on the amount of finance available imposed by the lending institutions FALSE Profitability index is a solution applicable to divisible projects only TRUE Trial ; Error method is the solution applicable to divisible projects onlyFALSESoft Capital Rationing is the limit on the amount of finance available imposed by the company itself.Trial ; Error method is the solution applicable to indivisible projects only Q16. D. Jeremy, James, RichardProject The outlay in year 0 ($) Present Value($) Net Present Value ($) Profitability IndexJeremy 115,000 121,900 12,190 0.1James 43,000 45,580 13,674 0.3Richard 75,000 79,500 47,700 0.6Jeremy = (12,190 à · 121,900) = 0.1James = (13,674 à · 45,580) = 0.3Richard = (47,700 à · 79,500) = 0.6 Q17. BIt is the ratio of the NPV of a project to its investment cost (Profitability index)It is the project that must be undertaken completely or not at all (Indivisible project)It is the project that must be undertaken completely or partially (Divisible project) It is the project restriction due to insufficient funds (Capital rationing) Q18. $38.4mProject Profitability Index Ranking Investment ($) NPV ($)W ( 7 à · 30) = 0.23 2 30 Ãâ€"0.23 7X ( 12 à · 70) = 0.17 4 20 Ãâ€" 0.17 3.4Y ( 12 à · 60) = 0.2 3 60 Ãâ€" 0.2 12Z ( 16 à · 40) = 0.4 1 40 Ãâ€" 0.4 16Total 150 38.4 Q19. DCombination:W + X Cost $100m NPV $19mW + Y + Z Cost $130m NPV $35mX + Y Cost $130m NPV $24mX + Z Cost $110m NPV $28mY + Z Cost $100m NPV $28m Q20. Monitor the investment made in the project 4Calculate profitability index of each project 1Allocate the funds 3Rank the project 2

How the Depression Affected Literature Outline Essay Example

How the Depression Affected Literature Outline Essay Example How the Depression Affected Literature Outline Essay How the Depression Affected Literature Outline Essay I. Roosevelt’s campaign speech A. The speech first addresses one of the many issues that The great depression brought about 1. â€Å" †¦waste in men and women, in human skill, character and life† 2. He isn’t just discussing the loss of money and jobs as the stereotype of the depression presents, but is going into depth about people as individuals which would appeal to the emotion of the people. (Roosevelt) 3. During The Depression, many people lost their jobs, their spouses, their houses, and many lost their lives as well but each individual had something to contribute to the society they all had skill, and character but employers and government officials had to view them as just another person because the condition of the society as whole was terrible. B. The speech then goes on to highlight the positive aspects of the Depression 1. We have lost, for example, that false sense of values that puts financial success above every other kind of achievement (Roosevelt) 2. Roosevelt is taking the positive aspects of The Depression and making them more distinct and celebrated to take away the main idea that The Depression was such a horrible thing. 3. Although the economy was terrible and many bad things happened, there were many positive things that came out, including the strength that people gained. If they could pull through The Depression as a family then they could get through anything. II. The Great Gatsby A. The carelessness of some lead to the misfortune of others 1. â€Å"I couldn’t forgive him or like him, but I saw that what he had done was, to him, entirely justified. It was all very careless and confused. They were careless people, Tom and Daisy- they smashed up things and creatures and then retreated back into their money or their vast carelessness, or whatever it was that kept them together, and let other people clean up the mess they had made. (Fitzgerald) 2. This quote represents the wealthy people of the time who went around causing mischief and trouble amongst others not realizing what they were doing but had all the money in the world and didn’t care what they did. 3. During the Roaring twenties, people bought what they wanted, did what they wanted, and were overall careless, and the government didn’t want to do anything in fear of ruining the economic boom which led to the stock market crash. B. The American dream isn’t always what it’s shaped up to be 1. â€Å"The truth was that Jay Gatsby, of West Egg, Long Island, sprang from his Platonic conception of himself. He was a son of God- a phrase which, if it means anything, means just that- and he must be about His Father’s business, the service of a vast, vulgar, and meretricious beauty. So he invented just the sort of Jay Gatsby that a seventeen year old boy would be likely to invent, and to this conception he was faithful to the end. (Fitzgerald) 2. Gatsby was an example of someone who actually got the American dream. He had money, and well everything he could want but he failed to grasp ahold of happiness. 3. The stock market crashed in 1929 was so sudden. Half the year the economy was experiencing one of the greatest booms it ever had and the next it was crashing quicker than anyone could image. People lost their prosperity and riches. Gatsby had all the money and material things he could want but wi thout happiness it was all worth nothing.

Cinco De Mayo essays

Cinco De Mayo essays The 5th oF May is not an American holiday or Mexican Independence Day, even though it should be. Cinco De Mayo is in commemoration of the defeat of the French army by the Mexicans. This battle took place in Puebla on May 5, 1862. This holiday is more of a regional holiday celebrated in Mexico especially in Puebla. Celebrating Cinco De Mayo has become popular in many parts of the United States. The Mexican government had accumulated many debts to many nations, including England, Spain, and France. These nations were demanding payments. When Mexico no longer made payments, France became eager to own leadership in Mexico. This invasion required France to send in French troops, lead by, Archduke Maximilian of Austria. The French troops began to march on to invade the Gulf of Mexico. Along the way to Mexico City, the French army encountered a strong resistance by the Mexican army, led by General Ignacio Zaragoza Seguin. This Mexican army consisted of about 4,500 soldiers. The French army consisted of over 6,500 soldiers. Yet, the Mexican army was able to defeat the French militia. This was a glorious victory and is the cause of the historical date of Cinco De Mayo. Todays Cinco De Mayo celebration is of Mexican cultures, food, music and its unique Mexican customs. People enjoy seeing the wonderful entertainment the Mexican culture has. Some are the Mariachis and the Folkloric Dancers. The children also enjoy the breaking of the Pinata, which is filled with many candies, confetti and even many types of nuts. This is a wonderful time when different cultures and races come together and show unity. To the Mexican people, Cinco De Mayo represents freedom and liberty. ...