Outline Current Legislation Affecting the Safeguarding of Children and Young People Essay Example for Free

Diagram Current Legislation Affecting the Safeguarding of Children and Young People Essay â€Å"Safeguarding and advancing the government assistance of youngsters is characterized as: †¢protecting kids from abuse †¢preventing weakness of children’s wellbeing or advancement †¢ensuring kids are experiencing childhood in conditions reliable with the arrangement of protected and successful consideration. â€Å" (Dept for Education www.education.gov.uk) There are various laws and rules set up which plan to shield youngsters from hurt, and advance their wellbeing and prosperity. The requirement for improved enactment has been featured by prominent cases, for example, the demise of Maria Colwell in 1973 and, all the more as of late, Victoria Climbiã © in 2000. These cases stunned the country and indicated shortcomings in strategies. These approaches are continually checked on and corrected so it is essential to stay up with the latest with these changes. The Children Act 1989 This Act distinguishes the obligations of guardians and experts who must work to guarantee the wellbeing of the youngster. This Act incorporates two significant segments which center explicitly around kid security. Segment 47 states that the Local Authority has ‘a obligation to explore when there is a sensible reason to speculate that a kid is enduring, or prone to endure, noteworthy harm’. Segment 17 expresses that administrations must be instituted to ‘safeguard and advance the government assistance of kids inside the territory who are in need’. The Education Act 2002 This layouts the job of Local Education Authorities (LEAs), overseeing bodies, head instructors and every one of those working in schools to guarantee that kids are protected and liberated from hurt. The Children Act 2004 This isn't a substitution of the Children Act 1989. This gives the lawful system to Every Child Matters and sets out the procedure for offering types of assistance in a manner which permits each kid to accomplish the five results of Every Child Matters (depicted beneath). It requires nearby specialists to lead multi-organization children’s trusts, to build up a kids and youthful people’s plan, and to set up a mutual database containing data applicable to a child’s government assistance. This permits all the associations engaged with children’s government assistance to get to applicable data and work together to offer the most ideal support. Childcare Act 2006 This demonstration intended to change early years and childcare benefits in England. Neighborhood specialists are required to: †¢Improve the Every Child Matters results for pre-younger students †¢Provide adequate quality childcare for working guardians. †¢Provide a superior Parent Information Service. Each Child Matters This was propelled in 2002, in any event incompletely in light of the passing of Victoria Climbiã ©. It is one of the most significant strategy activity and improvement programs comparable to youngsters and childrens administrations of the most recent decade. It has been the title of three government papers, prompting the Children Act 2004. Each Child Matters covers youngsters and youthful grown-ups up to the age of 19. Its fundamental points are for each youngster, whatever their experience or conditions, to have the help they have to: †¢Be healthy †¢Stay safe †¢Enjoy and accomplish †¢Make a positive commitment †¢Achieve financial prosperity Each of these topics has a definite system connected whose results require multi-organization associations cooperating to accomplish. The organizations in association may incorporate childrens focuses, early years, schools, childrens social administrations, essential and auxiliary wellbeing administrations, and Child and Adolescent Mental Health administrations (CAMHS). In the past it has been contended that kids and families have gotten more unfortunate administrations as a result of the disappointment of experts to see every others jobs or to cooperate successfully in a multi-disciplinary way. Each Child Matters looks to change this, focusing on that all experts working with youngsters ought to know about the commitment that could be made by their own and every others administrations. Shielding kids from mischief can be best accomplished by viable joint and organization working between offices. Cooperating to Safeguard Children This gives direction on what you ought to do in the event that you have worries about the government assistance of a youngster. It likewise suggests methods of working for individuals who work with youngsters and their families. What to do if You’re Worried a Child is Being Abused (DfES 2003) This is a guide for specialists, helping them see how to cooperate to advance children’s government assistance and shield them from hurt. It fortifies Every Child Matters by focusing on the significance of joint working. Joined Nations Convention in The Rights of The Child 1989 This arrangement sets out the rights and opportunities of all kids in a lot of 54 articles. Remembered for those rights are those which guarantee that kids are sheltered and cared for. Article 19 states children’s rights to be ‘protected from all types of physical or mental savagery, injury or misuse, disregard or careless treatment, abuse or abuse including sexual maltreatment by those caring for them’. Those nations which joined to the Treaty, remembering the UK for 1991, are will undoubtedly execute enactment which bolsters every one of the articles.

Lying to an Nco

I am going to discuss in this exposition is the seven armed force esteems and the significance of them to the military. In the US armed force we are educated to live by the Seven Army Values. They are separated to us in the abbreviation â€Å"LDRSHIP†. Devotion â€Å"Bear genuine confidence and faithfulness to the U. S. constitution, the Army, and different fighters. † Duty â€Å" Fulfill you commitments. † Respect â€Å" Treat individuals as they ought to be dealt with . † Selfless Service â€Å" Put the government assistance of the country, the Army and your subordinates over your own. † Honor â€Å" Live up to the military qualities. †Integrity â€Å"Do what is correct legitimately and ethically. furthermore, Personal Courage â€Å" Face dread, threat or affliction (physical or moral). † We are completely bored on these seven armed force esteems from the very first moment of essential preparing. First we submit them to memory. At t hat point we figure out how to live by them. Lying is viewed in the public eye as one of the most beguiling and unforgiving acts known to man. The definition alone says a lot with respect to why an individual, or an entire country so far as that is concerned, would think about this demonstration of ineptitude in such a negative visual perception. To lie intends to offer a false expression with the plan to hoodwink, as per the Webster’s dictionary.It likewise intends to just make a bogus or deluding articulation deliberately. There are likewise numerous equivalent words to the word â€Å"lie,†, for example, evade the truth, prevaricate, palter, and lie. The word lie happens to be the most gruff of this gathering. â€Å"Prevaricate† mellow the gruffness of a lie by suggesting quibbling or confounding the issue. â€Å"Equivocate† infers utilizing words having more than one sense trying to state a certain something yet to mean another. This is an endeavor to misdirect one without feeling as though one has lied. â€Å"Palter† infers offering questionable expressions of truth or expectation or crafty guarantees. Fib† applies to a recounting a paltry untruth.This is typically utilized while depicting â€Å"small lies. † People, for a wide plenty of reasons, lie. The most widely recognized explanation is for one’s individual increase. As youngsters, individuals discover that a straightforward falsehood will get you in the clear or it will help in a manner. untruths can be utilized coincidentally and without information on the announcement in any event, being a falsehood. In any case, lying isn't suitable, regardless of whether it was inadvertent, and the liar ought to apologize properly when they are trapped in a lie.When an individual retreats to misleading others they are just deceiving themselves. An individual that is deceptive once will typically lie over and over and numerous callings have created notorietie s as having an extraordinary greater part of liars in their field, which has prompted issues of open trust, even with those that are honest and fair. So for what reason do individuals decide to lie? A falsehood as a rule begins as blameless in nature yet should be secured with a bigger progressively complex untruth and afterward another and soon the falsehoods develop to a point that the individual no longer knows the distinction between what is valid and what is a lie.Telling lies consistently prompts trickery; absence of trust, losing regard and much of the time the passing of a profession. In the military, a non-appointed official, or a NCO, is an enrolled individual from an outfitted power who has been given authority by an authorized official, commonly a sergeant or corporal. Being a private, they are of higher position and merit a higher measure of regard. While misleading anybody is inadmissible, deceiving an individual of higher position, similar to a NCO, is even less satis factory. In addition to the fact that it gives off the feeling that the individual of lesser position doesn't regard his seniors, however it additionally corrupts the private's trustworthiness.Trust is everything. Without trust, we would not have the option to make a beeline for the fight to come realizing that my friends will consistently have my back. Without trust, we can't regard each other. Obligation to me is achieving an assignment that should be done, regardless of how much you’d rather be accomplishing something different. Regardless of whether you love it or abhor it, the errand is there to be finished. In the event that one doesn't satisfy their obligations all the time, at that point people around them need to get a move on, and any feeling of dependability starts to become tarnished.Everyone needs to be regarded, it’s in our inclination, however so as to acquire regard, as a matter of first importance one needs to regard oneself. Second, one needs to demon strate regard to others so as to pick up regard from them. In the event that one doesn’t demonstrate regard to somebody, that individual may regularly feel insulted and lose regard for the individual who insulted them. Caring Service is the demonstration of playing out a help without anticipating any kind of close to home increase. One does the administration to help others, and out of the integrity of their heart or even out of a feeling of reliability to that individual or those people.When things put their best self forward, these are the individuals that you respect. At the point when things look their most exceedingly awful, these are the individuals that you supplicate are close by. In the event that the seven armed force esteems resembled a flight of stairs or a pyramid, at that point Honor would be at the top advance. It takes each of the seven of the military qualities and more to have a decent feeling of respect. Military bearing, otherwise called military control, is a condition of request and compliance included inside an order. This condition of request includes participation by the desire of an individual, and for the prosperity of their team.Military discipline is a particular use of ongoing order requests given by a warrior of telling position, however is a condition of dutifulness that adheres to directions and capacities even without a leader, and despite difficulty. It is a direct result of our organization’s need to keep up a condition of steady request that lying can not, must not, and will not go on without serious consequences. I intend to one day have the option to utilize the exercises gained from my slip-ups for instance for future fighters that may one day fall into my position.

Magical Attic Race for the Apples Math Maze

Magical Attic Race for the Apples Math Maze FutureFit SV ? A fun maze puzzle that reinforces math skills Help Eclipse Doggy find his way to his apple snack! The catch - early learners need to choose the path that adds up to 10 in order to reach their goal. This printable helps build number recognition, counting, and addition skills for grades K-2, and provides a fun challenge in the process! BCP Imagines BCP Imagines BCP Imagines designs and develops unique multimedia that brings children and their families creative, fun, shared experiences. Our award-winning cross-platform content encourages creative learning, expression and play while helping kids of ALL ages open their imaginations and look at their world in a new way. BCP Imagines' multi-award winning series Drawing with Mark brings the joy of learning to draw to all ages. The Magical Attic?, where anything is possible,? was created to help foster imagination and creative play while encouraging positive attitudes emphasizing the important lessons of kindness, friendship and helping others. Visit the Magical Attic store or purchase the Drawing with Mark collection!

An Empire Divided - Free Essay Example

Sample details Pages: 4 Words: 1129 Downloads: 8 Date added: 2019/04/26 Category History Essay Level High school Tags: American Revolution Essay Did you like this example? Introduction In the book, An Empire Divided: The American Revolution and the British Caribbean, the author Andrew Jackson OShaughnessy takes up a relatively unexplored topic from the early history of the United States and the Caribbean. He was not hesitant in letting the reader know the uniqueness of his book several times. Andrew OShaughnessy studied at Bradford School as well as the Oriel College; for his higher education, he went to the prestigious University of Oxford. Don’t waste time! Our writers will create an original "An Empire Divided" essay for you Create order He has a long and distinguished career in teaching and has been in the faculty of Eton College, Southern Methodist University in Dallas. He has been a professor in the American History in the University of Wisconsin Oshkosh and been a chair of History Department. In this book, Andrew OShaughnessy gives very convincing arguments in favor of his stance with solid literary and historical evidences. This is why it makes the book a convincing set of literature on the American Revolution especially how the British Caribbean affected it and vice versa. Content The book is written to explore the socio-political realities surrounding the mainland US, how they affected the American Revolution and in turn how the surrounding regions like the Caribbean were affected by the revolution. The author is focused on the common things that the mainland USA and the Caribbean shared as well as the differences which existed between the two regions. The overwhelming commonalities didnt trigger the Caribbean States to take an active part in the rebellion. In the book, the author gives many reasons for the inactivity of the British Caribbean; for example, their relative seclusion from the mainland America, the naval dominance of the British around the islands, their dependence on trade as well as their political dependence on the British fearing the inner possibility of slave revolts. Thesis The thesis of the book is about the role of the British Caribbean and how it was affected by the revolution in turn. The central theme of the book is the fact that the British Caribbean had the same and possibly more incentives to rebel against the British just like their continental counterparts in the mainland US; however, they still didnt go for it. All the conditions in the thirteen colonies that rebelled existed in the Caribbean as well but they seemed to be passive in their bid against the British rule. The factors which contributed to this behavior were the key focus of the writer in the book. The author has been so convincing that it is hard to disagree on most of his points and therefore, I support the author on most of the points. There has been a bigger slave population in the Caribbean and the fear of a revolt had always been a reality. The geographical nature of the Caribbean also made them more dependent on the British. This is the reason why even having the same and possible reasons to revolt, they did not take up the arms against the British. Main body The book has been quite convincing throughout from the start to its end. The key focus of the book, as discussed before, is how the American Revolution was affected by the behavior of the British Caribbean. The author states that the inclusion of the Caribbean in the Revolution would have helped the continental cause and it would have considerably affected the British interests in the region. However, as the time would prove, they were less enthusiastic about the revolution as compared to their counterparts in mainland America. The surprising thing that the author points out is that the British colonies in the Caribbean had the same socio-political dynamics as they were in the thirteen colonies that rose up against the British but the still they refused to join the rebel cause. It was surprising for me as I didnt know a lot about that before but the author puts it so skillfully that it was easy to get his point and get a clear picture on this vast subject. OShaughnessy gave many reasons that could have led to this behavior on part of the Caribbean States. He provided multiple literary pieces of evidence on the subject, especially how the previous researches had taken up the subjects. There have been many explanations given by contemporary historians on why the British Caribbean didnt join the rebels, and the author cites them appropriately. It is always a sign of a comprehensive research if the opinions of the multiple authors are also presented appropriately. However, it was also noted by OShaughnessy that most of the researches on the topic had been incomplete and mere speculations. In this book, the author aims to fill that gap and tries to understand the causes with more clarity and research. This is another good thing about the book; I think it only makes it more credible in its own right on this particular issue. Several points that the author makes which he thinks explain the causes of the inactivity from the part of the British Caribbean was due to the fact that they depended on the British trade. Additionally, the naval dominance of the British navy was so considerable that it would have been difficult for them to successfully rebel. Secondly, the internal social dynamics of the Caribbean were vastly different from that of America. There was a larger slave population in the Caribbean than it was in North America; this was one of the reasons why they could not afford the risk of facing an external threat. The one thing that I think the book lacked is that it lacked the appreciation of deep military and political dynamics. For example, although the author does mention that the British Navy was one of the biggest deterrents for the Caribbean colonies to join the rebels, I think it was insufficient. I think it was one of the biggest causes of the passive behavior of the Caribbean States. Conclusion The book has been written very flawlessly and the research, references to the contemporary literature, as well as the arguments all converged to make it very convincing. The author skillfully puts forth his arguments stating that the British Caribbean had all the reasons to rebel against the British colonial rule but didnt do it because of the few overlying political and social dynamics. The fears of revolt from its slave population as well as their reliance on sea trade made it difficult for them to challenge the British authority. The British dominance of the seas was also a significant deterrent in this regard. The island nature of the region and the demographic and social realities was what made them more obliging to the British. There were a very few points that I disagree on but those still dont make the book less credible.

Employee Selection - 1874 Words

Individual Research Essay (2) Describe the different employee selection methods and specify which work best for different jobs. Employees form the basis of a successful organisation and the abilities and behavior of employees can vary the performance of an organisation significantly. Due to the fact that respective jobs require specific sets of skills or attributes, selections are essential in ensuring that the most suitable candidates are hired. Selection refers to the process of assessing candidates by various means and making a choice followed by an offer of employment (Graham, 1998, p.206). It is often thought of as an integral part of human resource management within an organization, which allows firms to gain a competitive†¦show more content†¦From an economic perspective, the subsequent costs of occupational fraud include a reduction of stock prices and loss of employment. These economic costs are exemplified by the 5% of revenue lost per annum from every average Canadian organisation as a result of employment fraud (Koletar, 2003). According to Herman, a positive correlation exists between th e degree to which a candidate could be in a position to cause harm to others, colleagues, or the organisation and that of a reference check (Herman, 1993). For example, public servants and jobs that necessitate the handling of inordinate amounts of money would warrant a background check, as the risk of financial losses or damage to government organization reputations are higher. Interviews remain a widely used selection technique in contemporary industries despite the relative unreliability of this method. Dipboye reports that approximately 70% of organizations in the United States utilize interviews as the main selection strategy in both promotion and recruitment ( Dipboye, 1992). A selection interview can be broadly delineated as â€Å"a dialogue initiated by one or persons to gather information and evaluate the qualifications of an applicant for employment (Dipboye, 1992).† The exclusion of other specific qualifications such as interpersonal skills, personal motivations and career objectives is apparent in this definition,Show MoreRelatedEmployee Recruitment and Selection1244 Words   |  5 PagesEmployee Recruitment and Selection David Custer, Tim Grady, Perfecto Luna, Tiffany Servatius, Cinde Vongprachanh HRM/531 Human Capital Management November 14, 2012 Thomas (Skip) Wilkins Employee Recruitment and Selection Employee recruitment and selection has become increasingly challenging in today’s organizational environments. Intense competition among employers demand that organizations continuallyRead MoreStreamling the Employee Selection Process1603 Words   |  7 Pagesâ€Å"Selection is a highly subjective and inexact process†. Examine this statement citing examples you are familiar with. In your opinion, what steps can be taken to minimize selection errors? STREAMLING THE EMPLOYEE SELECTION PROCESS A) SUBJECTIVITY IN EMPLOYEE SELECTION WITH EXAMPLES AND HOW TO MINIMIZE SELETION ERRORS Subjectivity in employee selection implies inconsistency and unreliability in the whole selection procedure. This renders it inexact. While interpreting the above-mentioned statementRead MoreEmployee Recruitment And Selection Process1453 Words   |  6 Pagesefficiency o the recruitment and selection process. BODY: Selection It has shown that healthcare hiring in 2016 is just as challenging, if not more, than ever before. Surveys have shown new ways employers are connecting and finding qualified candidates, including advanced technologies systems and websites. As technologies are rising, new advancements have been adopted to influence the recruitment process through social media, candidate tracking and digital marketing. A. Selection tools I. Realistic JobRead MoreEmployee Testing And Selection Practices Essay1374 Words   |  6 Pagesand scope of the Contents: This report covers the following areas about these company farmers; Discussion: †¢ Job analysis and talent management †¢ Personal planning and recruitment practices: †¢ Employee Testing and Selection Practices: †¢ Procedures followed in interviewing candidates: †¢ Employee Training and Development Activities †¢ Performance Management and Appraisal Background of the Organization: Farmers were established in 1985. Since the 2003 purchase by the James Pascoe Group, theRead MoreEmployee Recruitment and Selection Essay1677 Words   |  7 Pagesdefinite job. The procedure endeavors to discover the most excellent individuals for the job. Conversely, selection is a procedure of choosing the individuals by scrutinizing them on diverse standards. Selection is referred to as the preliminary phase or footstep of employment since for hiring the novel workers selection is executed first. In addition, no set criterion for the procedure of selection exists. The workers are chosen consistent with the nature of work in addition to because of their skillsRead MorePsychological Testing And Employee Selection2092 Words   |  9 PagesPsychological Testing and employee selection According to Bach et al. (2013), the role of human resource departments include selecting, recruiting and training the most competent candidate in order to fill a certain job vacancy. Even though training has been termed to have the greatest effect on the performance of organizations, selection and recruitment remain to be critical. This explains why human resource managers should be committed in ensuring they hire only the best and most competent candidatesRead MoreEmployee Selections and Training Paper1809 Words   |  8 PagesEmployee Selection and Training The following paper will cover three real world examples of how organizations have used industrial/ organizational psychology to select and train employees. These examples are human resource departments with companies, and more specifically, Taco Bell and McDonald’s. There will be a discussion of methods used to measure the levels of success of each training program. Lastly there will be a discussion of any legal and or ethical concerns that may arise in the implementationRead MoreEmployee Selection Principles and Techniques5628 Words   |  23 PagesCHAPTER 3: Employee Selection Principles and Techniques When you leave college to take a full-time job, there is a 50% chance that you will quit your first job within 3 to 5 years variety of reasons both the employee and the organization lose - importance of employee selection principles and techniques. Improper matching of the person and the job, of the person’s skills and characteristics with the job’s demands and requirements leads to dissatisfaction and poor performance in the workRead MoreEmployee Selection Proposal : Recruitment Selection And Retention Efforts Essay1697 Words   |  7 PagesEmployee Selection Proposal I have reviewed Alamo Waste’s recruitment, selection, and retention efforts. I have identified some weaknesses. In the recruitment process, weaknesses include using Craigslist, unemployment offices and college job boards. The internet is a very good resource for recruiting, but there are more useful and trust-worthy job sites other than Craigslist. Another weakness is that interviews are brief and the questions depend on the interviewer. The interviews should be structuredRead MoreEmployee Selection and Training Essay792 Words   |  4 PagesEmployment Selection and Training and Development Programs HRM/420 July 2, 2012 Travis King Employment Selection and Training and Development Programs Employers face many risks in association with selection processes. Organizations must ensure that statements, overtures, and advertisements are not suspect, and its selection process is free of discrimination (Moran, 2008). There should be no references to age in the selection process, or any

Cultural Similarities and Differences Free Essays

The Indian culture has different languages, which include Hindi, Bengali, and Urdu. The officially recognized language is Hindi with other local languages not recognized by the central government. Texans officially use American English with various variations and accents. We will write a custom essay sample on Cultural Similarities and Differences or any similar topic only for you Order Now Australian languages Include Australian slang, Indigenous Australian languages, and variations of Australian English (Dally, 1998). Nigeria has over 50 indigenous languages with very many local dialects. The predominant languages are Your, Bio, Afro -Asiatic and Kanji. The official language is English ND Is used across all states to unite the people. Except India, the other three countries share a salary language (I. E. English) though It has small variations In accent and pronunciation. Family Systems Indians maintain close personal ties with their families including the extended family members. Family relationships are hierarchical and the father is the patriarchal leader of the family. All members have mutual obligations to their families and they maintain deep rooted trust among all relatives (Maker, 2008). Nigerian maintain an extended family system with relationships guided by hierarchy and seniority. Individuals are obliged to give the extended family members financial assistance and guidance (Coelenterates. N. D). The American family unit Is nuclear with the extended family living away from it. Individualism is highly practiced. The family set ups across the four countries recognizes the father as the head of the family. The role of extended family members is emphasized in Nigerian and Indian cultures where people recognize the senior members of the society. Australian and Texan cultures emphasize individualism and the societies generate highly independent people. Behavioral Norms In India, greetings follow seniority with the most senior person being greeted first. Though shaking hands Is common, men seldom shake hands with women because of religious beliefs and It Is mandatory to bid each person farewell Individually when leaving a group. In Nigeria, shaking hands is the most common form of greeting. Men 1 OFF other person’s well being. Direct eye contact is avoided when meeting with older and senior members of the society and as a sign of respect one is expected to bow. Nigerian place importance to professional titles and surnames. In Texas greetings are casual, a handshake, a smile, and a hello are enough. Men use only handshakes but women and children may hug and shake hands even in formal settings. Introductions are very important before any communication. It is considered rude to call senior persons by their first name. Men are supposed to be polite to ladies, they pull chairs and open doors for them and ladies are expected to say a polite thank you in return (Celebrities, 2012). Australian forms of greetings are informal and brief; shaking hands is common in formal setups. Ladies generally do not greet each other. Australians maintain good relationships with all people as they are down to earth ND modest. Religion India is a secular state with a lot of religious diversity. Hinduism, Buddhism, Jansenism, and Schism are practiced by most of the people. Christianity is practiced by a minority. Texas has a wide range of religious diversity with Christianity being practiced by the majority. Adherence levels are very high and individual religious beliefs are tolerated. Religious diversity in Nigeria is great with Christianity and Islam being practiced by the majority. Native religions that believe in deities, spirits, and ancestral worship are spread throughout the country. The country constitution remunerates freedom of worship. Majority of Australians are Christians with Islam being practiced by a few. Traditional aborigine religious cultures are practiced by a few aborigines as the others have converted to Christianity. The country laws are tolerant to different religious beliefs. Across the four countries, religion influences the culture of the people with Christianity, Salamis, Hinduism, and Judaism being recognized and accepted by the societies. Freedom of worship is allowed by their respective constitutions; but in Nigeria emergence of radical Salamis has affected he culture of the societies living in the affected areas. Business Etiquette There are various ways in which business is approached in various societies. In Indian society, it is customary for all sides to personally know each other before any business transaction take place. Business meetings are planned by appointments and punctuality is kept as a sign of mutual respect. Negotiations are non confrontational and the final decision is made by the person with the most authority. Decision making is slow and informal and successful negotiations are concluded by a word of mouth and celebrated over a meal. Formal dressing during meetings is expected and shows respect. In the Nigerian culture, developing a personal relationship is essential before any business transaction. Business is conducted in a formal setup and decision making involves all the stakeholders. Nigerian are overly suspicious and proceed with business cautiously. Punctuality for meetings is very important to Texans and it is a sign of disrespect to be late. There is little emphasis on small talk and business is conducted rapidly. To conduct business, an appointment is necessary in Australia. Business is conducted rapidly in a relaxed environment. Personal relationships and show of emotion is not important in their business transactions. Conclusion The culture across all the four countries is steeped with differences and similarities continually changing with advent of globalization and information technology. The family and religious inclinations of these societies fundamentally influences their behavior, norms, and way of thinking. The cultures have inherent mechanisms of maintaining their way of life. In all the cultures, younger members are expected to respect their elders and this maintains social order. Though fundamentally different, arioso cultures have a lot to teach and are universally almost the same. How to cite Cultural Similarities and Differences, Papers

Lemonade stand business performance

Various financial statements are used in the analysis of business performance. These include the balance sheet, income statement and the cash flow statements (Woolridge Gray, 2006). These statements are used to reflect various aspects of business performance, including calculation of key ratios that are used to evaluate performance of a business entity.Advertising We will write a custom research paper sample on Lemonade stand business performance specifically for you for only $16.05 $11/page Learn More An income statement makes available an entities revenues and expenses for a given duration and hence its serves as a basic measure of profitability (Carl, 2008). On the other hand, a balance sheet shows an entities assets portfolio and hence reflects the business liquidity position. The cash flow statement shows the businesses’ cash spending and hence reflects the cash available for use by the business at any given time. The Lemonade case falls und er fast-food restaurant and as such to evaluate its actual financial performance, it is wise to insider its performance to that of other players within the industry. This report compares the Lemonade stand business against Green tree Mall fast food restaurant, a fast growing fast food restaurant that has been able to record god financial results over the last three years. The choice of Green tree Mall restaurant is largely motivated by its astounding financial performance over the last five years, making it a leading player in the industry. In its last quarter, the fast-food restaurant recorded 42% profit, with a return on equity and return on assets of 56% and 52% respectively. Its outstanding performance is reflected by its large profitability ratio (62%). The current ratio of 5.12 while debt to equity ratio of 1.14. The results were far beyond the industry’s debt to equity ratio of 0.85 and a current ratio of 4.80. This positions the fast-food restaurant as the industryâ⠂¬â„¢s benchmark of performance excellence. However, this is not the focus of this paper. Green tree Mall fast food restaurant will only be used as a benchmark measure of the performance of Lemonade stand business. The performance of the Lemonade stand presented in this report, is a continuation of its first season’s performance. An additional comparison is made between its first season’s performance and second season’s performance. The performance is shown by the income statement, the balance sheet, and the financaila ratios indicating the businesses’ performance. See below: Table 1: Income statement year 1 and year 2Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Year 1 Year 2 Revenues 184.10 314.56 Less: Expenses 62.22 86.58 Net-Income 121.88 227.98 Year 1 and year 2 results reveal a rise in spending as well as revenue from year 1 to yea r 2. This shows that the businesses generated more income and expenses during the second season. Balance Sheet Assets: Year 1 Year 2 Cash 184.10 314.56 Inventories 3.03 5.6 Equipment 9.00 12.12 Total Assets 196.13 332.28 Liabilities       Accounts Payable 34.25 44.25 Total Liabilities 34.25 44.25 Equity       Owner’s Capital 40.00 161.88 Retained Earnings 121.88 126.15 Total Equity 161.88 288.03 Total Liabilities Owner’s Equity 196.13 332.28 The balance also reveals that the businesses’ assets and liability portfolios grew from year one to two. Assets grew from $196.13 to $ 332.28, while liabilities similarly grew from $34.25 and $44.25. The business also grew its owner’s capital from $40 to $161.88. This is mainly attributed to the fact that no dividends were issued and instated all the earnings for the previous year were retained into the business. To better evaluate the business performance a comparison is mad e between its first season and the second season. This is best accomplished with the help of financial ratios shown in the table below:      Season1 Season 2 Return on equity 75% 79% Return on Assets 62% 69% Profitability ratio 66% 72% Current Ratio 5.46 7.24 Debt to equity ratios 1.21 1.15 The return on equity grew from 75% to 79%. This indicates that the owners earning from their capital investment also grew. While in the previous season, the owners accumulated 75 cents for every dollar they invested, in the current season, each owner accumulated 79 cents for their equity owning. Similarly, the return yielded by assets grew marginally. For each dollar worth of an asset, 72 cents were yielded as compared to the provision year where a dollar worth of an asset’s yielded 66 cents. The businesses’ profitability ratio also grew from 66% to 72% indicating that for each invested dollar, a 72 cents profit was accumulated. The current ratio also grew from 5 .46, during the previous season to 7.24 during the current season indicating that the businesses was more able to generate cash to pay for its operations. However, the businesses’ ability to pay for its long-term liabilities dropped from 1.21 to 1.15. The decline is however, a positive results considering that lenders often prefer a low debt to equity ratio (Erich, 2001). The debt to equity ratio acts a measurement of the relationship between capital contributed by the business owners and that contributed by the creditors. Additionally, the ratio shows the extent to which the capital input by shareholders can business can meet its responsibilities to the creditors when a business is liquidated.Advertising We will write a custom research paper sample on Lemonade stand business performance specifically for you for only $16.05 $11/page Learn More In relation to the industries performance, the lemonade business performed astonishingly better exceedin g even the performance of the selected benchmark industry player. While the benchmark industry player retuned a profitability of 42%, earnings its shareholders 56 cents and 52 cents for every dollar worth of owners equity and assets, the lemonade stand business earned its owners’ equity and asset portfolio 79 cents and 72 cents for every dollar respectively. The performance of the business can therefore be summarized as growing over time and has been able to ward off competition from similar products offered by its competitors. In conclusion, it’s important to mention that the performance of the businesses not only grew within its own operations but also recorded very positive results compared to the industries performance. This indicates that the strategic approach adopted by the entrepreneurs has been successfully in ensuring that spending is controlled in a manner that works positively towards the businesses success. Additionally, the performance could be attributed to the businesses pricing strategy and response to the varying weather conditions as key determinants to the clients purchasing trends. Positively identifying the factors that clients consider in order to purchase the products is crucial to the success of the business, and seemingly, this is an aspect that the business managers have been able to successfully manage. In general, the strategic objective adopted by the business managers has yielded positive results and has seen the business performance astonishingly well compared to other players in the industry. References Carl, W. (2008). Survey of Accounting. Cincinnati: South-Western College Publication. pp. 128–132. Erich, H. (2001). The Nature of Financial Statements: The Income Statement. Financial Analysis – Tools and Techniques – A Guide for Managers. London: McGraw-Hill. p. 40.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Woolridge, J. R. Gray, G. (2006). Applied Principles of Finance. London: McGraw Hill. This research paper on Lemonade stand business performance was written and submitted by user Santiago Stein to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. 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