ShantanuT01/DACTYL-Pretraining huggingface dataset:
Financial planning enables the firm to attain the already set objectives as well as allowing a smooth flow of operations within the firm. For a firm to effectively strategize itself in the market, a well-coordinated and controlled financial plan should be put in place. The plan comprises various processes which include the preparation of financial statements, debt strategy, investments and budgeting. For a firm to effectively utilize the tool in ensuring competitiveness, qualified and competent personnel should coordinate the various processes. This paper seeks to analyze the role of financial planning and leverage use in enhancing competitiveness in the market. The role of financial planning is to ensure efficient utilization of the available resources towards the attainment of the firm’s objectives. The financial planning, therefore, assists the firm to have a predetermined plan on how to utilize the available resources and gives directions on how the operations of the investment should be undertaken. In addition, it establishes control measures that are aimed at checking the viability of the undertakings (Warren & Reeve, 2007, p.933). For instance, the preparation of financial statements calls for accountability within the firms. This is more so since the accounting records require supportive documents such as receipts. The financial statements evaluation assists the firm to determine the most profitable area which further leads to specialization. Through specialization, the firm directs more of its resources in the area in which it has a comparative advantage over the others. The move, therefore, enhances competitiveness in the market. Financial leverage is the use of external resources by the firm in its expansion process. The leveraging process thus increases the financial capacity of a firm enhancing it to maintain its productions and competitiveness in the market (Helfert, 2001, p.203). A firm can effectively use external borrowings in purchasing capital items which it could not afford otherwise. The capital investments, therefore, enhance quality and mass production within a firm which lowers the overall production costs of the firm. Due to the reduced production cost, the firm can opt to lower the prices of its products slightly below other firms in the same industry. The low price offered in the market will trigger a similar reaction to the other firms as each try to win a bigger share in the market. A firm should target both internal and external resources when establishing its financial plan. The internal resources, if adequate, are the best to use since they have fewer conditions attached to them. In an actual sense, the internally generated amount attracts very little interest and its repayment period is usually longer. On the other hand, the external resources charge higher interest rates on the advanced principal amount. The amount is also bound to be repaid within a shorter time. However, the firm can expand and increase its market shar
Business law is the law that oversees business and commercial dealings within a country. The United States has Commercial laws, which govern the United States commerce and trade industries. Its commercial laws deal with issues arising from both private and public law. The United States legal system affects the trade and commerce sector by the various laws it has enacted which govern the sectors. Most of the American laws concerning businesses affect businesses negatively. The legal system is behind the running out of business of various businesses and has also contributed immensely to most companies operating on losses. Three are a good number of companies that have collapsed most of these companies can blame the legal system for their collapse (Wall Street Journal). One such area is the law concerning corporate contracts, which oversees that all contracts between various businesses and corporations are legally bound. This means that the law protects all contracts and if a contract is not honored, the aggrieved party has the right to sue the offender. There are also laws regulating the hiring practices of various businesses and corporations. The law provides for the legally bound employment of all people and their welfare should be well taken care of. It also provides for the company’s provision of all benefits to its employees. It also dictates that employment opportunities should be afforded to all despite their sexual orientation, race, or religion. There is also the law governing the sale of business securities that is also called the Uniform Commercial Code. It oversees the sale of business and investment securities in the market (Wall Street Journal). There are also other numerous laws that are attached to commercials laws. However, businesses cannot operate smoothly without breaking some of the laws. In fact, some business lawyers have argued that for a business to comply with all the legal requirements it has to go out of business. Many companies have been fined billions of shillings for breaking these laws. Some of the laws protect the public from being exploited by the business. This has seen most businesses lose a lot of money in settlements that have been awarded to people who have sued the companies. The US businesses also lose because of the laws protecting consumers against any harm done to them by the companies’ products. A good example is the cigarette industry, which has paid billions in settlements to consumers who got lung cancer while they were smoking. In regards to laws that oversee the hiring of people, the businesses are held liable for the
The modern healthcare sector is focused on the provision of high-quality medical services to the population trying to reform the general state of the sphere and guarantee the significant improvement of the quality of life. These concerns predetermine the further evolution of the given sector and increase the importance of specialists who work there. In the coherent society physicians and nurses could be considered the main healthcare providers who tend to help patients and guarantee their recovery ( Defining the Nurse Practitioner Role , n.d.). Moreover, there is also the necessity to increase the level of knowledge related to the basic aspects of hygiene. For this reason, the work of nurse becomes crucial for the further development of this sphere as this very specialist becomes the main element which aligns the direct communication between patients and the healthcare sector. Besides, the last several years could be characterized by the significant changes in the structure of the healthcare sector as it tends to be able to meet the majority of the modern challenges. That is why numerous modern practices and approaches should increase the efficiency of the given sphere. However, to be able to use these new elements, all specialists working in the given sphere should possess certain knowledge and experience. This fact conditions the increased level of the demands towards nurses as they perform responsible tasks that impact the process of recovery and the patients state greatly. Yet, this tendency also promotes the reconsideration of the role of a nurse and its great significance in terms of the modern healthcare sector. For instance, a family nurse practitioner (FNP) is one of the specialists who also contributes to the gradual change of modern healthcare’s image greatly. In general, it is a registered nurse with specialized education and clinical training in family practice. ( What is a Family Nurse Practitioner? n.d.). This sort of specialist can work under various conditions and provide services to various communities. They can work both with children and adults, and this fact increases their importance greatly. At the current stage of the health care sectors evolution, FNP monitors the state of health an
Introduction Evidently, the West Carolina Environmental Protection Agency has been in trouble due to lack of inclusiveness in administration, thus Mrs. Sanger coming on board, as a shrewd Administrator, has been quite a relief. The term public administration is not very easy to define, as it has no generally accepted definition among scholars. Glenn (2009) imagines that trying to define the two words (‘’Public’’ and ‘’Administration’’) separately and combing them as one does not give a clear holistic picture view of what Public Administration is explicitly about. In basic way, he sees Public Administration as that which exists to execute laws and policies. Moreover, he reckons that public administration touches widely on every aspect of life (Glenn, 2009). Overall, Public Administration is a field of study as well as an occupation, which is largely concerned with activities and tasks of the government and answerable legislative regulations and acts (Glenn, 2009). Environmental agencies such as the West Carolina should carry out Environmental based research, evaluations and promote civic education amongst the citizenry. Before Sanger took the mantle, these exploits seemed to have been lagging behind. Beyond this, such agency should closely work with neighboring industries and other governmental sectors to facilitate better understanding, conservation, and appreciation of the environment. The degree of how the agency has been handled cannot be over-emphasized, while the extent and the length of time of negative consequences cannot be foreseen or predicted; the damage seemed obvious. It is therefore important to note that an organization is just as good as the principles of public administration and the degree to which it stringently obeys these principles. Theoretical discussion The theoretical discussion here will largely focus on the principles of Public Administration. According to the Uk’s Parliamentary and Healthy Services Ombudsman Report (2009), there are six principles namely: ‘’Getting it right; Being Customer focused; Being open and Accountable; Acting Fairly and Proportionately; Putting Things Right; and Seeking Continuous Participation.’’ However, one would want to ask what these principles entail. Getting it right entails a number of tenets, which marry with the recommendations outlined in West Carolina Environmental Agency Case Study Report. UK Parliamentary and Health Services Ombudsman (2009) mentions, as a principle, that people in administration must act in accordance with the law and applicably with uttermost concern for the rights of all stakeholders. This overall principle is cle
Same-sex marriage simply refers to a marital relationship between people of the same gender or sex identity. As it would be observed, this form of marriage has recently raised a lot of controversy from across the world. Those who support marriage between couples of the same sex view have always seen it as a form of marriage which deserves legal recognition just like the normal system of marriage which is considered by the majority as the rightful form of marriage. The opposing side, on the other hand, has completely disregarded the idea of same-sex marriage basing their arguments on the viewpoints of religion and family values among other key social aspects. As a matter of fact, the huge controversy surrounding this matter of same-sex marriage has not been a simple case over the years, since it involves many cultural, legislative, and religious issues. Regardless of the main differences between those in support of, and those against the idea, the public opinion in favor of same-sex relationships is said to have increased abundantly in the US over the last few years. Currently, about 13 out of the 50 U.S. states have already legalized same-sex marriage, and there is a big likelihood that others will follow in the near future, considering the on-going debates and battles to make gay marriage legal nationwide. This paper observes the legalization of same-sex marriage in San Francisco, putting an emphasized focus on the role that the County leaders have played in helping the system gain legal protection and greater social acceptance across the country. The perception that marriage should be restricted to couples of different gender is one of the major legal standpoints that have been cited by the opposers of same-sex marriage in California. On the other hand, supporters of same-sex marriage have reacted by pointing out that, marriage is a civil right which s
Rod is a family man with a sense of community involvement; he owns and operates a very successful martial arts school at Soquel community. His son Shawn who has 22 years experience in the business is the manager while his daughter teaches and also works in the office. His wife teaches police tactics and Suzie the office manager has the huge task of holding the school together. Their students usually aged 4 years old and above are taught four types of martial arts; shorinji-ryu karate, ancient weaponry, aihi jutsu, and tai chi chuan. The school also has a program suitable to families who wish to train together. Rod’s philosophy of teaching is based on respect which involve treating other peoples with dignity and respect. Rod’s idea is to teach children character development and ethical behavior because parents are usually busy with work; he therefore feels his school is taking the role of helping students in benefitting the society by teaching manners, respect and character development. He has a staff of 8 instructors who teaches the students on a range of topics which include; school safety, street safety, self defense and character development. The lessons are very organized and professional which has made his school very popular among the children and the public in general. When speaking with Rod, he said martial art is not so much about the fighting but keeping away from confrontation by not fighting. His advice is “don’t lash out if you get angry, pull your fists back”. To him martial arts skills are necessary because they impart valuable skills such as confidence, self discipline and self control. Perhaps, it is because of these values that have made Sanford to erect the five Japanese characters within the school which represents respect, courtesy, honesty, morality and self lessons. These are the constant themes being taught in the “dojo” which he constantly reminds the students. So where did it all start? Rod Sanford started his training in Judo in Watsonville where his family grew avocado trees and raised cattle. He then started training with Richard Kim and in 1967 he started teaching martial arts at Santa Cruz Parks. At the time he was a Sergeant with the Police department which is a tie that he still keeps to this day by occasionally teaching police tactics. It is during that time that Rod finally realized that his heart was not so much on being the sheriff he was and instead wanted to teach more and the idea
First Factor: Biodiversity The construction of artificial structures, whether sewage treatment plants, factories, plants, or other industrial buildings, negatively affects the ecosystem’s biodiversity. Active development destroys habitats for dozens of species, causing animals and plants in the environment to either migrate or die. As a result, such effects lead to the disruption of biodiversity, which has negative consequences for the entire ecosystem. According to the proposed activity, over the past 500 years of anthropogenic activity, approximately 900 species have become wholly extinct and cannot be recovered naturally. Simultaneously, the rate of extinction has accelerated over the past few decades so that one can expect the extinction of forms of flora and fauna familiar to modern humans in the coming decades. It seems evident that evidence of such changes can be found with an in-depth study of the ecological and trophic relationships within the ecosystem. In particular, special attention should be paid to the dynamics of population waves, the general decline of wildlife in an area, and wild animals entering the urban environment for food and shelter. To inhibit such an effect, each individual can make a valuable contribution. More specifically, this can be realized by planting rare flowers, helping wild animals, creating bird feeders, and consciously using the system’s resources. In addition, clearing natural areas of human trash should also help to conserve biodiversity. Second Factor: Invasive Species When it s
Business consultant Business consultant entails those professionals who impact some influence over how business entities are managed, but do not have direct powers for implementing any process or any program in these businesses. Their duty entails only advising the management about the strategies they opt to employ to enhance the performances of their businesses. Business consultants are often professionals who are well knowledgeable about broad range of businesses as a result of working with diverse enterprises and also their long term of services. It is the their long term performance history that makes them very valuable personnel as it enables them to possess great vast of knowledge in their field of specializations. Functions a business consultant Business consultants are associated with a number of functions which include identification of likely problems and possible opportunities, Business analysis, recommending appropriate measures, Implementation and assessment of the recommended options (Wiley, 1999).The first thing that a good business consultant does is to understand the business in question. Since the owner is the one who is well conversant with his/her business than any other person, the consultant takes this opportunity to learn about the business from the owner, department heads and chief employees in the company. After the business consultant understands the necessary details of the business, then the consultant identifies appropriate problems and opportunities within the business. The business consultant takes into account the problems and opportunities that he/she learns from relevant business stakeholders and also tries to discover other problems and opportunities that these stakeholders may not pointed out. As business consultants are well experienced and knowledgeable they bring fresh ideas and experiences in the businesses ( Goley, N.d). Once the business consultant identifies the business problems and opportunities, the consultant then synthesis the collected data so that to establish viable solutions and plans for the future business. The consultant takes a micro view of the business and offers answers for macro outlooks. The consultant helps in refocusing the company’s strategies so that to realize immediate problems while still taking consideration of future business opportunities. The next steps involve the engagement and implementation process that entails applying the recommended plans and strategies. Most projects initiates with training programs, where relevant individuals who are directly affected by the proposed changes are equipped with appropriate skills. The implementation process is generally overseen by the line manager, but in stances where there are considerable transformations, the consultant is also involved. The consultant is only involved in the staff meetings or training sessions ( Goley, N.d). The next phase is the Extension, Recycle or termination phase. During this stage, the management together with the business consultant assesses the success of the changes implemented. When the change process results to enhanced performanc
Executive Summary The case study reviews the internationalization process of the Chinese company Huawei. In particular, it analyzes the past experience of the enterprise in terms of expanding into the US market and sheds light on the company’s strategic decisions regarding its attempt to re-enter this market. It is recommended that the company form strategic alliances with domestic leaders to pursue several tactical goals. In addition, emphasis should be placed on the importance of diversifying the company’s product portfolio. However, most importantly, the company is advised to allocate resources toward the development of innovations to be able to enhance the quality of its manufactured goods. Company Background Huawei is a transnational Chinese company with headquarters in Shenzhen, China. At present, this company is the largest manufacturer of telecommunications equipment in the world. The company is engaged in the creation of telecommunications networks, the provision of a variety of related services, and the production of equipment in both the domestic and foreign markets. The company employs more than 140,000 employees (Huawei, 2016). It is important to note that 46% of all Huawei employees are engaged in research and development (R&D) (Liu & Zheng, 2013). The research centers of Huawei are located in many countries around the world. In addition, the enterprise has partnered with 28 innovative institutions that are leaders in global technology development. Due to this cooperation, Huawei has received more than 31,000 patents over the past year alone (Liu & Zheng, 2013). In addition, the company makes a significant contribution to the development of global industry. Huawei individualizes its products to the needs of various consumer groups in order to remain competitive. The company manufactures unique products and offers technological know-how along with cheaper services for customers through multimillion-dollar contracts with local mobile operators (Liu & Zheng, 2013). It is also crucial to note that for many years, the cost of foreign transactions has been exceeding costs in the domestic market. Despite such an impressive executive summary, it is essential to stress the fact that attaining market share in the US has been rather challenging for Huawei. Indeed, the company found itself in several controversies, after which its image was undermined strongly. In the aftermath, Huawei was accused of copying rival technologies and was forced to cease distribution (Shaolong, 2016). In addition, the US government has banned several operations initiated by the company. Therefore, it is necessary