Authorization Definition - How Federal Agencies are Born

Approval Definition - How Federal Agencies are Born Did you ever think about how a government program or office appeared? Or on the other hand why they theres a fight each year about whether they ought to get citizen cash for their activities? The appropriate response is in the government approval process. An approval is characterized as a piece ofâ legislation that sets up or proceeds with one orâ more administrative organizations or projects, as per the legislature. An approval charge that become law either makes another organization or program and afterward considers it to be financed by citizen cash. An approval bill normally sets how much cash those organizations and projects get, and how they ought to spend the money.â Approval bills can make both changeless and transitory projects. Instances of changeless projects are Social Security and Medicare, which are frequently alluded to asâ entitlement programs. Other programs that are not legally accommodated consistently are financed every year or at regular intervals as a feature of the allocations procedure. So the formation of government projects and offices occurs through the approval procedure. Also, the presence of those projects and offices is sustained through the apportionments procedure. Heres a more intensive gander at the approval procedure and the apportionment process.â Approval Definitionâ Congress and the president set up programs through the approval procedure. Congressional advisory groups with purview over explicit branches of knowledge compose the enactment. The term â€Å"authorization† is utilized in light of the fact that this sort of enactment approves the use of assets from the government financial plan. An approval may indicate how much cash ought to be spent on a program, yet it doesn't really put aside the cash. The allotment of citizen cash occurs during the allocations procedure. Numerous projects are approved for a particular measure of time. The boards of trustees should audit the projects before their lapse to decide how well they are functioning and whether they should keep on accepting subsidizing. Congress has, once in a while, made projects without financing them. In one of the most prominent models, the â€Å"No Child Left Behind† instruction billâ passed during the George W. Hedge organization was an approval charge that set up various projects to improve the nation’s schools. It didn't, be that as it may, state the federalâ governmentâ wouldâ definitely burn through cash on the projects. An approval bill is somewhat similar to a vital chasing permit for an allotment instead of an assurance, writes Auburn University political researcher Paul Johnson. No apportionment can be made for an unapproved program, yet even an approved program may in any beyond words be not able to play out the entirety of its allocated capacities for absence of an adequately enormous appointment of assets. Allotments Definition In appointments bills, Congress and the president express the measure of cash that will be spent on government programs during the following financial year.â When all is said in done, the appointments procedure tends to the optional bit of the financial plan †spending running from national protection to sanitation to instruction to government worker pay rates, however rejects required spending, for example, Medicare and Social Security, which is spent consequently as per equations, says the Committee for a Responsible Federal Budget. There are 12 appointments subcommittees in each place of Congress. They are partitioned among expansive branches of knowledge and each composes a yearly assignments measure. The 12 allocations subcommittees in the House and Senate are: Agribusiness, Rural Development, Food and Drug Administration, and Related AgenciesCommerce, Justice, Science, and Related AgenciesDefenseEnergy and Water DevelopmentFinancial Services and General GovernmentHomeland SecurityInterior, Environment, and Related AgenciesLabor, Health and Human Services, Education, and Related AgenciesLegislative BranchMilitary Construction, Veterans Affairs, and Related AgenciesState, Foreign Operations, and Related ProgramsTransportation, Housing and Urban Development, and Related Agencies In some cases programs dont get the essential financing during the appointments procedure despite the fact that theyve been authorized. In maybe the most glaring model, pundits of the â€Å"No Child Left Behind† training lawâ say that while Congress and the Bush organization made the program in the approval procedure, they never enough looked to finance them through the allocations process.â It is workable for Congress and the president to approve a program however not to finish financing for it. Issues With the Authorization and Appropriations System There are two or three issues with the approval and appropriationsâ process. In the first place, Congress has neglected to audit and reauthorize numerous projects. Butâ it likewise has not allowed those projects to programs. The House and Senate basically postpone their principles and put in a safe spot cash for the projects in any case. Second, the contrast among approvals and assignments befuddles most voters. The vast majority expect that if a program is made by the administrative governmentâ it is additionally subsidized. That is wrong.â [This article was refreshed in July 2016 by U.S. Legislative issues Expert Tom Murse.]

General Ambrose Burnside in the Civil War

General Ambrose Burnside in the Civil War The fourth of nine youngsters, Ambrose Everett Burnside was destined to Edghill and Pamela Burnside of Liberty, Indiana on May 23, 1824. His family had moved to Indiana from South Carolina in the blink of an eye before his introduction to the world. As they were individuals from the Society of Friends, which restricted bondage, they believed they could not, at this point live in the South. As a little fellow, Burnside went to Liberty Seminary until his moms passing in 1841. Stopping his training, Burnsides father apprenticed him to a nearby tailor. West Point Learning the exchange, Burnside chose to use his dads political associations in 1843, to get an arrangement to the US Military Academy. He did as such regardless of his radical Quaker childhood. Selecting at West Point, his colleagues included Orlando B. Willcox, Ambrose P. Slope, John Gibbon, Romeyn Ayres, and Henry Heth. While there he demonstrated an ordinary understudy and graduated four years after the fact positioned eighteenth in a class of 38. Authorized as a brevet second lieutenant, Burnside got a task to the second US Artillery. Early Career Sent to Vera Cruz to participate in the Mexican-American War, Burnside joined his regiment yet found that the threats had to a great extent been finished up. Therefore, he and the second US Artillery were alloted to battalion obligation in Mexico City. Coming back to the United States, Burnside served under Captain Braxton Bragg with the third US Artillery on the Western Frontier. A light mounted guns unit that presented with the rangers, the third secured the courses west. In 1949, Burnside was injured in the neck during a battle with the Apaches in New Mexico. After two years, he was elevated to first lieutenant. In 1852, Burnside returned east and accepted order of Fort Adams at Newport, RI. Private Citizen On April 27, 1852, Burnside wedded Mary Richmond Bishop of Providence, RI. The next year, he surrendered his bonus from the military (yet stayed in the Rhode Island Militia) to consummate his plan for a breech-stacking carbine. This weapon utilized an extraordinary metal cartridge (likewise structured by Burnside) and didn't release hot gas like numerous other breech-stacking plans of the time. In 1857, Burnsides carbine won an opposition at West Point against a large number of contending plans. Building up the Burnside Arms Company, Burnside prevailing with regards to getting an agreement from Secretary of War John B. Floyd to furnish the US Army with the weapon. This agreement was broken when Floyd was paid off to utilize another arms producer. Presently, Burnside ran for Congress as a Democrat and was crushed in an avalanche. His political race misfortune, combined with a fire at his manufacturing plant, prompted his monetary ruin and constrained him to sell the patent for his carbine structure. The Civil War Begins Moving west, Burnside made sure about work as the treasurer of the Illinois Central Railroad. While there, he turned out to be benevolent with George B. McClellan. With the episode of the Civil War in 1861, Burnside came back to Rhode Island and raised the first Rhode Island Volunteer Infantry. Delegated its colonel on May 2, he ventured out to Washington, DC with his men and immediately rose to unit order in the Department of Northeast Virginia. He drove the detachment at the First Battle of Bull Run on July 21, and was scrutinized for submitting his men piecemeal. Following the Union thrashing, Burnsides 90-day regiment was marshaled unavailable and he was elevated to brigadier general of volunteers on August 6. In the wake of serving in a preparation limit with the Army of the Potomac, he was provided order of the North Carolina Expeditionary Force at Annapolis, MD. Cruising for North Carolina in January 1862, Burnside won triumphs at Roanoke Island and New Bern in February and March. For these accomplishments, he was elevated to significant general on March 18. Proceeding to extend his situation through the pre-summer of 1862, Burnside was getting ready to dispatch a drive on Goldsborough when he got requests to carry some portion of his order north to Virginia. Armed force of the Potomac With the breakdown of McClellans Peninsula Campaign in July, President Abraham Lincoln offered Burnside order of the Army of the Potomac. A modest man who comprehended his impediments, Burnside declined refering to an absence of experience. Rather, he held order of IX Corps which he had driven in North Carolina. With the Union thrashing at Second Bull Run that August, Burnside was again offered and again declined order of the military. Rather, his corps was doled out to the Army of the Potomac and he was made authority of the armys conservative comprising of IX Corps, presently drove by Major General Jesse L. Reno, and Major General Joseph Hookers I Corps. Serving under McClellan, Burnsides men partook in the Battle of South Mountain on September 14. In the battling, I and IX Corps assaulted at Turners and Foxs Gaps.â In the battling, Burnsides men pushed back the Confederates yet Reno was slaughtered. After three days at the Battle of Antietam, McClellan isolated Burnsides two corps during the battle with Hookers I Corps requested toward the northern side of the front line and IX Corps requested south. Antietam Alloted to catch a key scaffold at the south finish of the front line, Burnside would not give up his more significant position authority and gave arranges through the new IX Corps officer, Brigadier General Jacob D. Cox, in spite of the way that the unit was the just one under his immediate control. Neglecting to scout the zone for other intersection focuses, Burnside moved gradually and concentrated his assault on the scaffold which prompted expanded setbacks. Because of his lateness and the time expected to take the extension, Burnside couldn't misuse his prosperity once the intersection was taken and his development was contained by Major General A.P. Slope. Fredericksburg In the wake of Antietam, McClellan was again sacked by Lincoln for neglecting to seek after General Robert E. Remains withdrawing armed force. Going to Burnside, the president forced the dubious general into tolerating order of the military on November 7. After seven days, he affirmed Burnsides plan for taking Richmond which required a quick development to Fredericksburg, VA with the objective of getting around Lee. Starting this arrangement, Burnsides men beat Lee to Fredericksburg, however wasted their bit of leeway while trusting that barges will show up to encourage crossing the Rappahannock River. Reluctant to push across neighborhood passages, Burnside deferred permitting Lee to show up and sustain the statures west of the town. On December 13, Burnside ambushed this situation during the Battle of Fredericksburg. Shocked with substantial misfortunes, Burnside offered to leave, however was can't. The following month, he endeavored a second hostile which stalled because of overwhelming downpours. In the wake of the Mud March, Burnside asked that few officials who were transparently defiant be court-martialed or he would leave. Lincoln chose for the last mentioned and Burnside was supplanted with Hooker on January 26, 1863. Division of the Ohio Not wishing to lose Burnside, Lincoln had him re-alloted to IX Corps and set in order of the Department of the Ohio. In April, Burnside gave the disputable General Order No. 38 which made it a wrongdoing to communicate any restriction to the war. That mid year, Burnsides men were key in the destruction and catch of the Confederate pillager Brigadier General John Hunt Morgan. Coming back to hostile activity that fall, Burnside drove a fruitful battle which caught Knoxville, TN. With the Union thrashing at Chickamauga, Burnside was assaulted by the Confederate corps of Lieutenant General James Longstreet. A Return East Vanquishing Longstreet outside Knoxville in late November, Burnside was capable guide in the Union triumph at Chattanooga by keeping the Confederate corps from strengthening Braggs armed force. The accompanying spring, Burnside and IX Corps were gotten east to help Lieutenant General Ulysses Grants Overland Campaign. At first announcing legitimately to Grant as he outranked the Army of the Potomacs officer, Major General George Meade, Burnside battled at the Wilderness and Spotsylvania in May 1864. In the two cases he neglected to separate himself and frequently was hesitant to completely connect with his soldiers. Disappointment at the Crater Following the fights at North Anna and Cold Harbor, Burnsides corps entered the attack lines at Petersburg. As the battling stalemated, men from IX Corps 48th Pennsylvania Infantry proposed burrowing a mine under the foe lines and exploding a huge charge to make a hole through which Union soldiers could assault. Endorsed by Burnside, Meade, and Grant, the arrangement went ahead. Aiming to utilize a division of uncommonly prepared dark soldiers for the ambush, Burnside was advised hours before the assault to utilize white soldiers. The subsequent Battle of the Crater was a calamity for which Burnside was accused and assuaged of his order on August 14. Later Life Set on leave, Burnside never got another order and left the military on April 15, 1865. A basic loyalist, Burnside never occupied with the political conspiring or conniving that was regular to numerous authorities of his position. Very much aware of his military restrictions, Burnside was over and again bombed by the military which ought to never have advanced him order positions. Getting back to Rhode Island, he worked with different railways and later filled in as representative and a US congressperson before passing on of angina on September 13, 1881.

UGA and Test Scores - UGA Undergraduate Admissions

UGA and Test Scores - UGA Undergraduate Admissions UGA and Test Scores Spring is the time for HS juniors to begin their college search process in earnest, and so begins the season of doubt. Should I send my SAT/ACT to UGA now, or wait until I see how I did? Fear not, because this question is a non-issue at UGA. UGAs policy on test scores is that we only look at the highest sub-scores of the SAT and the ACT, also known as super-scoring. This means that we take the highest Critical Reading, Math and Writing SAT scores from all your SAT tests to get your best overall combination, and your best ACT scores from each section to make the highest composite score (if you take the ACT, make sure we have a Writing score!) The one thing we do not do is overlap the SAT and ACT (we will not take your ACT English of 34 and match it with your 740 Math SAT). But remember, UGA will only look at your best scores for the SAT and ACT, and if you take both the SAT and ACT, we will use whichever test has the strongest overall best scores. In addition, sending your scores to UGA (or any college) can start the recruitment process in detail, as this indicates your interest in UGA and lets us know better about how you may match up with UGA, the Honors program, etc. (along with your self-reported GPA on the SAT/ACT report), as this one of the only pieces of academic information we have access to at this time in the process. We occasionally have juniors who wonder why we are not recruiting them, and generally, it is due to not knowing about them or their academic strengths. Sending us your ACT/SAT scores can start this process, and helps both you and us. Please remember, UGA is only focused on your best scores (I am trying to see how many different ways I can say this statement). So do not worry about which test scores to send (my best suggestion is to always request them to be sent when you sign up for the test), and enjoy your senior year!

Google Stock Section - Free Essay Example

Sample details Pages: 10 Words: 2938 Downloads: 8 Date added: 2017/09/18 Category Business Essay Type Argumentative essay Level High school Tags: Google Essay Did you like this example? A top-down approach to stock valuation for Google Stock Section 1: Investment summary I would recommend the buying of Google stock. The company’s current strategy would probably increase their chances of gaining strategic alliances, and make them a more attractive partner. As other companies see that Google is no longer going head on with partners, they may be more willing to cooperate with Google as well. Especially in developing markets, such strategic partners can offer Google a huge advantage, which will translate to increased value of Google’s stocks . Section 2: Overview of the company Google inc. s a company that offers a wide range of products and services to online users. The most popular service the company renders is their search engine named Google. The Google search engine uses PageRank, Algortihms, Link Measurement, and Profiling as part of its objective to deliver the most accurate and most relevant results to the searcher. Google also offers a ve ry successful email product called Gmail. Gmail is unique in that it allows the email account holder much more free space (7GB) than the average free email client. In my experience, Gmail is an exceptional email client as it provides many more services than the standard email. Google Maps is another successful application in that it is not just an average web mapping system. This advanced mapping system offers satellite imagery of most urban cities in the US and around the world. It also can be integrated with many mobile phones, which allows for a GPS mapping system directly on the phone. These features allow its users to find information and easily share it to anyone in the world. With the amount of traffic Google receives on a daily basis, Google has to have some kind of strategy to generate its revenue. One of Google’s main sources of revenue is advertising. In 2007, advertising accounted for 99% of Google’s revenues. Google implements two main advertising pr oducts which are AdSense and AdWords. AdWords is Googles flagship advertising product and main source of revenue ($16. 4 billion in 2007). AdWords offers pay-per-click advertising, and site-targeted advertising for both text and banner ads. The AdWords program includes local, national, and international distribution. Section 3: The macroeconomics Google competes to attract and retain relationships with users, advertisers and Google Network members and other content providers in different strategies. Google competes to attract and retain users of its search and communication products and services. Most of the products and services that Google offer to users are free, so they do not compete on price. Instead, they compete in this area on the basis of the relevance and usefulness of their search results and the features, availability and ease of use of their products and services. Google has been an outstanding company in the marketplace ever since its inception and it continues to be and deliver exceptional service to the global market. The move into public ownership brought about more benefits to its employees as well as present and future shareholders. The founders of Google felt that the standard structure of public ownership might jeopardize the independence and focused objectivity that has been apart of Googles past success. Googles leadership team wanted to preserve this aspect of the organization, so they implemented a corporate structure that is designed to protect Googles ability to introduce and retain its most distinctive characteristics. In 2007 and 2008, cash from Google’s financing activities totaled $403. million and $87. 6 million (Google Inc. 2009). Cash from financing activities is cash flow that takes place between organizations and stockholders and includes loans from bondholders and other creditors (Financial Education 2007). According to Google’s numbers, the company is under no risk since the company does not rely solel y on outside sources to generate its cash flow. Cash flow from Google’s investing activities negatively increased in 2008 as it did in 2007. In 2007, the company had net investing activities of ($3. 68) billion and ($5. 32) billion in 2008 (Google Inc. 009) a negative increase of $1. 6 million. Based on Google’s history and the company’s ability to generate cash flow, the negative increase in investing activities may be attributed to long-term investments and purchases that will ultimately generate cash flow. In comparing the 2007 and 2008 fiscal year of Google to Yahoo! , it appears that Google still remains Yahoo’s top competitor as in past years. Over the past two years, 2007 and 2008, Yahoo! has managed to generate its cash flow from its operations. The company’s cash flow from financing ctivities of $322. 4 in 2008 million and $1,442 million in 2007 compared to its cash flow from company operations (Yahoo! Inc. 2008) is an indication that Yah oo! is following the financial pattern of Google and is not depending on it financing activities to generate its cash flow. Business Changes that occurred may have altered the use of cash from one year to the next. The financial statements of Google have showed that the company has had steady growth. Revenue and profits have increased, as well as administrative, research and development expenses. Slight operating expenses have increased from 2007 to 2008. The cash flow statement shows cash from investing activities remained in the negative only greater. Additionally, more taxes were paid in 2008 than in 2007; however, there was no change in net cash. The financial statements of Yahoo! , shows that short-term and long-term investments have drastically increased. The cash flow statement shows that Yahoo! issued or repurchased capital stock. Google and Yahoo! are constantly striving to beat out competitors using innovation and new products and services. Therefore, both companies invest heavily in research and development. Discussion of Cash Generated in a Sustainable Manner. The use of ratios and trend analysis alerts viewers of Google’s financial health. Google has maintained its profitability in the double-digit percentiles, although it slightly increased its debt. In order to Improve Cash Flows Keeping track of any cash that flows of any company is important if managers want to achieve financial goals. While the task may require a daily count of receipts, there are several recommendations a company can improve its cash flows. Before any company tries to improve its cash flow, it is important that managers determine how cash flows through the company. Inflows are cash collections added to the company’s existing cash while cash leaving the company are its outflows (Toolkit Media Group, 2009). Cash flow will improve when companies collect cash owed to them. The longer cash stays uncollected, the less cash the company has to reinvest. Compan ies can offer incentives such as free specialized services or discounts on products. This move will encourage consumers to pay debts on time and as agreed. The founders of Google wanted to make sure that in the transition process to public ownership it would be difficult for outsiders to take over or influence Google. The corporate structure would make it easier for the management team to follow the long-term innovative approach. The Googles stock was distributed with Class A common stock having one vote per share and the Class B common stock held by the current shareholders has 10 votes per share. The purpose of this structure has left the Google team of Sergey and Page with increasingly significant control over the companys decision and fate, as Google shares change hands. With the completion of the IPO, Brin, Schmidt and Page will control 37. 6% of the voting power of Google, and the executive management team and directors as a group will control 61. 4% of the voting power. This move will give new investors access to full share in Googles long-term economic future. However, they will have little ability to influence its strategic decisions through their voting rights. The move to dual voting structure was considered unusual for technology companies however; it is common among media businesses and has proven to be very successful. The owners of Google believe that a dual class voting structure enables Google, to continue its success as a public company. They have been successful as a private company and they expect this to continue. Investors were concern that this type of voting structure would only be of benefit to Google, but the corporate team made this decision after thoughtful consideration and has confidence that it would be in the best interest of all Googles shareholders. The Google executive team has also expanded the board of directors to three additional members and they are of the view that the team at Google is a world class management team. This team is expected lead the organization forward into the future. The management team has stability and looks forward to retaining its cultural uniqueness while attracting and retaining talented persons that will affect the growth of the organization. The Googles organization thrives on taking the unusual approach to business and in the course of the IPO process demonstrated this once again by taking the an auction approach to distribute their stocks. The risk in this approach was that if there were not enough bidders or if people bid lower the IPO price will be low External and Internal Factor Evaluation The Price/Earnings (P/E) ratio is a companys price-per-share divided by its earnings-per-share. Google’s P/E Ratio (TTM) is 25. 96 meaning it has a relatively high valuation. The Price to Sales (P/S) Ratio is the stock price (total market cap) / total sales (revenues). Generally, the lower the ratio, the more attractive the investment. As easy as it sounds, p rice-to-sales provides a useful measure for sizing up stocks. Google’s P/S Ratio is 5 which is really not so great. Google’s P/B Ratio is 3. 83, which is greater than the industry and sector. Its competitor Yahoo has a P/B Ratio of 1. 57 which is below the industry standard. And Microsoft, another one of Google’s competitors, has a P/B Ratio of 4. 43 which is above the industry standard. The Growth Rates in terms of Sales TTM vs. TTM 1 year ago for Google is 31. 35. This is a healthy number in terms of growth; it means that sales have gone up 31. 35% since the same time 1 year ago. The Sales TTM vs. TTM 1 year ago for Yahoo is 3. 43, and for Microsoft is 7. 05. This means that Google has had the most growth in sales within a 1 year TTM than its other two main competitors. I think Google should continue to focus its concentration on current markets and also on its current product development strategies. Google remains in an excellent strategic position. Sec tion 4: The industry Google is doing very well financially compared with other competitors such as Yahoo. The current ratio, quick ratio and total assets turnover ratio of Google is better than other companies or at least at par with those for other competitors. Current ratio: At the end of 2009, Google’s Current ratio was $8. 77 million and $8. 49 million at the end of 2008 (Google Finance, 2009). In comparison, Yahoo’s current ratio was $1,705. 02 million at the end of 2009, and $1. 41 million in 2008. (Richardson, Chris 2007) Quick ratio: The financial statements of both Google and Yahoo! show zero inventories for 2008 and 2007. Therefore, since the only difference in the current ratio and quick ratio is inventories, then the current ratio and the quick ratio are equal in this case. (Richardson, Chris 2007) Total assets turnover ratio: The total assets turnover measures the efficiency of a company and its effectiveness to produce income from reinvestments of doll ars back into an organization. In 2008, Google had an estimated total asset turnover of about 69% and in 2009, Google had an estimated total asset turnover of about 59%. For the two-year period combined, Google generated an average of 64% return on its money, which indicates that Google does possess the assets necessary for generating earnings. Moreover, total assets turnover ratio, P/E ratio and book value/share ratio of Google is also better than the other companies. However, Google does have its weakness. As we can see, profit margin on sales of Google is slightly lower compare to the other two. However, Google’s price/CF ratio is slightly lower than Yahoo, but is significantly lower than Microsoft. Google is aiming at maintaining their position as a leading innovator. Source and Application of Funds Google, in preparation for its IPO listed its shares on the Nasdaq Stock market as they provided details for the unconventional IPO process. Charles Schwab and Co. Inc c lients also became qualified for the IPO auction. Google chose to offer its shares in an open auction. Googles initial IPO was targeted to raise about $2. 7 billion for the organization. However, the price of the IPO was reduced substantially prior to the auction taking place. Google envisioned that for one year it would allocate stock-based compensation charges for grants to its employees. This figure is expected to be about $377 million. (Google 2006) Into the Future Despite all the challenges Google faced at the beginning of their IPO, they have overcome these challenges and moved forward with the public confidence. Google continues to be a competitive organization. Although there has been a decrease in its stocks in the last year, predictions are that this will not continue. Googles stock is expected to increase, and the company will remain a viable force in the technology industry. Therefore, those investors waiting for a stock-split will have to wait a little longer. Goo gle will continue to move forward to its long-term goal of services that significantly improve the lives of people who make Google their primary search engine. Section 5: The firm Proposed Valuation Model 1. The target price is determined by the Gordon constant dividend growth model 2. Assumptions ?Retained earnings represent the only source of financing ? The Rate of return is constant Cost of equity remains constant and is greater than growth rate ? The company has perpetual life The closing price of Google as at April 15 2010 was $595. 30 the company has market cap of $189. 29 billion. This stock price fairly reflects the firm’s fundamentals. â€Å"Google Inc (GOOG), the Internet search engine said first quarter revenues rose 23% to $6. 78 billion from $5. 51 billion a year ago. Net income in the quarter rose 41% to $2 billion or $6. 06 per diluted share compared to net income of $1. 42 billion or $4. 49 per share last year. Google Inc revenue rose 23% and net income rose 41%. Intuitive Surgical, Inc revenue rose 74. 4% and net income rose 203. 5%. Google Inc, in the last one year traded as high as $629. 51 in January 2010 and as low as $364. 16 in April 2009. † (Mita Yagnik 2010) (1) ROA=Profit margin X Total assets turnover= (Net income/Sales) X (Sales/Total assets) (2) ROE=ROA X Equity multiplier= (Net income/ Total assets) X (Total assets/Common equity). So, ROE=Profit margin X Total assets turnover X Equity multiplier. Projecting the 2010 financial status, if we holding the profit margin and equity multiplier constant as 2009 (profit margin=0. 3, equity multiplier=1. 59). When we pursue a 50% sales increase in 2010, this will provide us a total sale of 12,418,500,000 USD. After the comparison of the company’s financial ratio analysis to other companies, it can be seen that Google is doing a good job. This can also be seen in the fact that from year 2003 to 2009, Google’s revenue increased from 1,465 Million to 3,189 Milli on USD, which increased 117 percent while there was a 277 percent increase in Net Income. Also, revenue increased 625 percent compared with revenue in 2008, while Net Income increased 300 percent. The company’s current and quick ratios in 2009 are higher relative to its 2008 current and quick ratios. Both ratios are quite high though, which means Google has strong competitive financial position. This valuation model provides the best fit for valuing the firm, as it is quite clear that Google’s strongest service is its search engine. Besides, all Google’s services, except for search not being used much, they hardly bring in any revenue. Google is investing in these services though, making them dogs, according to the Boston consultancy matrix. Therefore, Google may be better off eliminating these services, and fully focusing on its search engine. If the company does this, they would be best off using a concentration strategy, and redirecting all resources to the improving of the search engine. They could go into horizontal growth, forming strategic alliances with other large websites. Functional strategies must also be changed in order to follow such corporate and business strategies. For example, the research and development department would no longer be able to use its hit and miss strategy. Rather, researchers would have to focus on one specific task. Also, the company would be better of becoming a technological leader, rather than a follower, since that way there would be less risk of being passed by competitors. The only negative effect such a strategy might have is on the culture; it may become less innovative. Because Google would start to cooperate with other websites, the need for any innovation outside of the search engine may become less necessary. If the company thinks a new service may be needed, they could just join forces with another company, rather than creating the new service by themselves. Since Google’ s culture relies heavily on innovation, which stimulates employees, the loss of the innovation may make Google a less attractive place to work. However, If Google continues to stimulate innovation, they may be able these innovations to their strategic partners. Works cited Brealey. R. A. , Myers. S. C. , Marcus. A. J. , (2004) How Corporations Issue Securities Fundamentals of Corporate Finance, 4th edition, pp 366-390 Gibbons R. (2007). Google’s Ghoulish Trick. Retrieved from https://www. fool. com/investing/general/2004/10/27/googles-ghoulish-trick. spx? terms=Google++Trickvstest=search_042607_linkdefaultHistory of Google La Monica, P. R. (2007) Google gets 2. 7 billion IPO. CNNMoney. com. Retrieved from https://money. cnn. com/2004/04/29/technology/google/. La Monica, P. R. , (2007). Google Jumps 18% In Debut. CNNMoney. com Mita Yagnik (2010) Google, Intuitive Surgical Net Rises. DAILY EARNINGS. Retrieved from https://www. ticker. com/? page=daily_earningsstory=Google,%20In tuitive%20Surgical%20Net%20Risesid=37929 Richardson, Chris. (2007) Google IPO Don’t waste time! Our writers will create an original "Google Stock Section" essay for you Create order

Lord of the Flies was created by William Golding, an...

Lord of the Flies was created by William Golding, an English novelist that studied at Oxford where the experience allowed for his writing to grow and develop. The main purpose of the novel was to portray the struggle of a group of boys in the era of war. It is aligned off of personal experiences the author had in World War II, the severity and insanity allowed him to have a corrupted view on the world and everything inside of it (â€Å"William Golding,† N.P.). Much like Oxford, being apart of the Royal Navy influenced his book greatly, he used his personal experiences here to shape the basis of the novel. This experience allowed for him to see how man and nature were corrupt (â€Å"Lord of the Flies,† 1). He also found that man has evilness†¦show more content†¦Although in the normal standards there is no conch, there is still an assembly that brings people together (1). They are using this tool to build a civilized manner in a place where the main purpose is to be wild and savage. The conch stands for democracy. Having the conch allows anyone holding it to speak their mind as opposed to one person completely controlling the others. This causes a huge riff between the boys who want to be civil and the others who want to be free. Later in the story when the conch breaks it is a symbol of the destruction of society. The conch shatters from the savagery while destroying the civility. Meaning that the savage boys kill one of the others who is attempting to keep this norm. The new life is a symbol of independence from society, the boys believe now that they are without adults and police that they are free from all civil duties. The adults and police set a structure, now that those are gone so is the necessity to abide by rules. William Golding shows this through one of the characters named Roger, in this spot he is fighting the inner battle to hurt or not. â€Å"Roger gathered a handful of stones and began to throw them. Yet there wa s a space around Henry, perhaps six yards in diameter, into which he dare not rhow. Here, invisible yet strong was the taboo of the old life. Round the sautà ©ing child was the protection of parents and school and policemen and the law.† (Golding, 161). Accordingly,

Leonardo Da Vinci was a True Renaissance Man - 699 Words

Leonardo Da Vinci was a true Renaissance man. He was an inventor, a scientist, a mathematician and a painter. He had the mind and visions of a thinker centuries ahead of his time. Hundreds of years later, he is still one of the most recognized and iconic people in the world, known for his Paintings like the Mona Lisa and changed the way paintings and art were created. But one success Da Vinci had that is not as well known as his iconic art such as the Last Supper are his inventions. Leonardo Da Vincis genius achievements in his creations sketches, and ideas of inventions were able to impact generations of people in the future significantly, but his inventions did not impact much of world history. Leonardo Da Vincis life began as an average but poor child in the midst of the Italian Renaissance. A period where the main focus wasnt on religion and was more focused on secular themes and creativity. He was born in 1452 in Vinci Italy and was raised on an estate belonging to his father, while his uncle also helped raise him. Da Vinci never received a full education like others, but his artistic abilities were noted by his father who eventually apprenticed him to a well known sculptor Andrea del Verrocchio, of Florence (History ). When apprenticed, â€Å"His skills as an artist developed, flourished and even intimidated his mentor †(Da Vincis Inventions). Although he was gifted at his artistic abilities, Da Vinci was looking to expand on his abilities and add more skills. HeShow MoreRelatedLeonardo Da Vinci : The Renaissance951 Words   |  4 PagesThe Renaissance was a rebirth of creativity, freedom, individuality, independence and self- determination. During this time period where humanism was encouraged, there were countless Renaissance men. One astounding and well recognized man was Leonardo da Vinci, he had many aptitudes and talents that portrayed him to be an astonishing artist of the Renaissance time period. Leonardo da Vinci, Influenced many dur ing the Renaissance, due to his great art, anatomy, science literature. As demonstratedRead MoreAnalysis of Da Vincis Work as Being Reflective and Definitive of the Renaissance Period948 Words   |  4 PagesLeonardo Da Vinci and the Renaissance Period Objective The objective of this work examines the how Leonardo Da Vincis work is reflective and definitive of the Renaissance period and as well, describes some of Da Vincis art. This work will discuss the use of line, form, color, texture, and materials as found within one of his works and will state reasons this time period was chosen to examine in this work and why it is found to be appealing. Introduction Leonardo Da Vince was born April 15,Read MoreLeonardo Da Vinci And His Contributions To Western Civilization1200 Words   |  5 PagesAnalysis of Leonardo da Vinci and His Contributions to Western Civilization Leonardo da Vinci is one of the most famous artists to have ever lived, and his contributions to the development of western civilization are irrefutable. Born on April 15, 1452, near Florence, Italy, one would not have guessed that he was destined for a life of greatness. He was the illegitimate child of an up-and-coming notary and a peasant girl, and he spent most of his childhood with his doting father (â€Å"Da Vinci - The RenaissanceRead MoreLeonardo Da Vinci : The Most Famous For His Art1448 Words   |  6 Pages3/29/16 Leonardo Da Vinci When hearing the name Leonardo da Vinci, what comes to mind? For many people it will be his artwork. This is because of all of the accomplishments da Vinci has, he is most famous for his art. What many people don’t know was that he was also a scientist, inventor, and philosopher. Da Vinci lived in a time period known as the Renaissance. This was a time of knowledge and enlightenment, and it gave birth to many of the world’s most talented and educated people. Leonardo da VinciRead MoreThe Importance Of Humanism And Leonardo Da Vinci1114 Words   |  5 PagesAll of Leonardo da Vinci’s work took part in the effort to express humanism throughout the world and affected the world more than people realize. Humanism was an ideal during the Italian Renaissance. â€Å"Humanism is a progressive lifestance that, without supernaturalism, affirms our ability and responsibility to lead meaningful, ethical lives capable of adding to the greater good of humanity.† (ameri canhumanist.org). Humanism was the ideal of the Renaissance and Leonardo da Vinci did his best to embodyRead MoreThe Renaissance Er Leonardo Da Vinci1019 Words   |  5 PagesThe Renaissance was a revolutionary period in European history from the 14th to the 17th century. Its movement began in Italy, but spread throughout Europe. The Renaissance brought many new things to Europe like classical texts, scientific discoveries and new technology, novels, and creative new styles of art. One of the most famous figures of the Renaissance era is Leonardo Da Vinci. His work displayed the humanist ideas that defined the Renaissance era. He was a botanist, writer, geologist, cartographerRead MoreStudying Renaissance through Its Art Essay1269 Words   |  6 Pagesthat most expresses is the Renaissance. The Renaissance is known for the paintings, sculptures and most decorative art from the European period history. It was known as the â€Å"rebirth† and mostly is the period in the European civilization mostly following the middle ages. The Renaissance was the period that had discovery and explorations of the new continents that substituted the Copernican for the Ptolemaic system of the astronomy (The Beginning Progress of the Renaissance R. A. Guisepi). The feudalRead MoreEssay about Life and Work of Leonardo da Vinci1111 Words   |  5 PagesWork of Leonardo da Vinci Leonardo da Vinci had a powerful mind and was a very curious and daring boy. Leonardo was so curious about flying, he jumped off a barn with wings that he made by himself. Leonardo loved nature and exploring. He would also like to draw geometrical shapes. Leonardo da Vinci was born in 1452 in Vinci, Italy. Vinci was a farming community with hillsides, growing grapes, fruit trees and olives. His mother was a peasant woman and his father was a notary. He was oftenRead MoreLeonardo Da Vinci : The Italian Renaissance Polymath1114 Words   |  5 PagesI read Leonardo da Vinci., by John Thomas. Leonardo Da Vinci (1452-1517) was an Italian Renaissance Polymath: artist, painter, sculptor, architect, musician, athlete, ideologist, writer, mathematician, engineer, inventor, anatomist, biologist, geologist, cartographer, botanist, poet, chemist, scientist, and philosopher. Leonardo had some close friends in his life, one of those people was Francesco Melzi (1491-1570). Melzi was Leonardo da Vinci’s pupil until Leonardo’s death. Melzi was born in MilanRead MoreEssay on The Renaissance: Visual Analysis1515 Words   |  7 PagesHigh Renaissance Visual Analysis Introduction Generally believed to have begun in Florence, the Renaissance – also known as the ‘Rebirth’ – was a period of reviving interest in classical art and the beginning of scientific revolution. The Renaissance period did not begin abruptly; instead, it was an idea that took shape since the time of the painter Giotto (Gombrich 2007). In the early Renaissance period, Giotto experimented with and laid the foundation for painting with perspective, a method

Cultural Intelligence

Question: Discuss about the Cultural Intelligence. Answer: Introduction The journal explores various cross cultural parameters that impact expatriates of companies for the scope of globalization(Crossland, 2011). The journal evaluates various related concepts and the need for various cross-cultural transition understanding. Thus, at the end of the journal a relationship between cultural intelligence (CQ), cross-cultural adjustment (CCA) and job position is established through a methodological approach. Research Model The journal in order to establish relationship amongst various parameters in the cultural context has made use of statistical and structural equation modeling procedure(Zhang, 2016). Data has been collected by various processes that establishes cultural gap between Australia and China. The journal entry analysis will help better understanding of the study. Where are we now Hofstede way back in 2001 conducted a study pertaining cross cultural analysis. His study provided valuable contribution in understanding cultural difference amongst countries on basis of their characteristics(Chen, 2010). This particular journal also initiates the study by understanding the challenges and difficulties faced by expatriates while they are exposed to cross-cultural situations and the impact of such on their performance. The journal studies and establishes unique relationship amongst variables that had not been conducted earlier. The scope of this study offers methodical approach to linking the cultural parameters to that of performance of an expatriate. Where are we going The aim of the study is to explore multitude research question to arrive at the key factors or impacts from cross-culture(Tay, 2008). The study aims to establish a relation between cultural intelligence (CQ) and cross-cultural adjustment (CCA). The research that will be attended through this study pertains to analyzing cultural asymmetry and relationship in between CQ and CCA. Another relevant area that will be analyzed through the scope of this study is to establish relationship between CQ and CCA relationships. This type of study had not been conducted previously and is relatively unique in nature. How do we get there In order to arrive at the findings of the study data has been collected and statistical analysis for such data has been done(Ang, 2008). Structural equation modeling techniques are also undertaken for analysis of the collected data and to arrive at suitable research findings. Data for the purpose of this research has been collected by a number of ways as sampling method, quantitative and qualitative surveys by means of emails, focused group interviews, surveys and so on. How do we know when we have finished The research aim was found to be accomplished upon establishing of a correlation coefficient amongst the variable assumed in the study. There were validated and reliable results for the study found that were checked by Fornell and Larcker (1981). Further results obtained from the model first order were rechecked for second orders validity. By attending to answer the research questions and forming findings for the study the goal of the research will be attended. Challenges in the activity The study pertaining to incorporating cultural difference amongst countries and their analysis reflects multiple variables as depicted in Hofstede cultural differences. Hence, some of the major challenges faced during conducting the study was in regards to deciding and finalizing the parameters for the study(Selmer, 2007). The primary research objective for the study was to ascertain the asymmetry that exists in the CQ and CCA relationship. Further, such cultural asymmetry aims to analyse the relationship and role position with its respect to the CCA. The journal was extremely lengthy hence was difficult to comprehend. The length of the journal was extremely time consuming and identified data was difficult to figure. Such data identified was difficult to obtain and form fundamental concepts related to the same. The scope of this study has been conducted on a limited sample size hence it was fairly easier to conduct the analysis. When the sample size is increased there can be larger proportion of variation that can occur and greater amounts of asymmetry. The study has extended the scope of theoretical definitions and descriptions to extend it for the use of practical use. Cultural distance asymmetry depending on cultural flow and position of expatriates was challenging to ascertain. The study has limited the scope of its analysis to Australia and China, though there is a vast cultural difference that persists yet there are a host of other countries which face challenges asymmetrically. The findings from the study hence suffer from biasness to fit in empirically. Power distance a crucial aspect for measuring cross-cultural differences will vary when other countries are taken into account. Another major challenge faced in the development of this article is in regards to deciding on the expatriate sector to analyse the cultural difference parameters. The study aims to establish a relationship amongst cultural flow and job position as well which is established by means of data analysis. While incorporating in cultural differences, broad range of factors have been ignored in the study that might have an impact. An expatriate needs to focus on and develop understanding related to cross-cultural differences which forms an important factor for job, in this study socio-cultural context of psychological feeling has been only taken into account. While expatriates tend to add a lot of knowledge and experience to be open to the host country there are two distinct type of cultural intelligence that might be present as socio and psycho differences. Thus, one of the challenges of the study was to ascertain the parameter on which to conduct the study, which has significant relationsh ip and intercultural competence. References Ang, S. V. (2008). Cultural intelligence. The Cambridge. Chen, G. K. (2010). When does cross-cultural motivation enhance expatriate effectiveness? A multilevel investigation of the moderating roles of subsidiary support and cultural distance. Academy of Management Journal, 1110-1130. Crossland, C. . (2011). Differences in managerial discretion across countries: how nation?level institutions affect the degree to which CEOs matter. . Strategic Management Journal, 797-819. Selmer, J. (2007). Which is easier, adjusting to a similar or to a dissimilar culture? American business expatriates in Canada and Germany. . International Journal of Cross Cultural Management, 185-201. Tay, C. W. (2008). Antecedents and consequences of cultural intelligence among short-term business travelers. Handbook of cultural intelligence: Theory, measurement, and applications, 126-144. Zhang, Y. . (2016). Exploring the potential effects of expatriate adjustment direction. Cross Cultural Strategic Management, 158-183.