Multinational Financial Management Speech or Presentation

Multinational Financial Management - Speech or Presentation Example The mezzanine loan will be enacted in order to achieve our expansion goals, in the amounts and for the reasons prescribed below. The asset-backed commercial paper will also be utilized in this plotted expansion effort, as prescribed below as well. With that, we need to discuss our corporate instruments of financial expansion and the elements that those financial instruments will incorporate.  Within the approaches chosen for fiscal expansion, we need to develop a one, three and five-year financial approach, with a ten-year revamping contingency, if still in operation strongly, toward our goal in expanding in order to become a multi-billion dollar, multinational organization. Right now, we are going to focus on the three to a five-year tier of our planned goals.  As the appointed treasurer of World Access Healthcare, Inc., the timing of this report and expansion is critical. Thus, let's begin to outline, chart and discuss potential financial avenues, in detail, as well as the outl ine or highlight their benefits in regard to expansion.  First, let's get familiar with the terminology at hand. An asset-backed commercial paper has a similar premise as a promissory note-a note in which a person (or business entity) gets promised payment by a company or corporate body in lieu of actual cash or currency payment during a rocky receivable period or a cash-poor time. However, an asset-backed commercial paper is strengthened more than that of a promissory note because it actually contains some actual capital or segues to that capital in some manner, such as through a receivables guarantee, or a cash asset assessment. In a receivables-backed, asset-backed commercial paper, your business basically states that it has in its the function, a proven receivable track record of meeting the note of asset-backed commercial paper, through receivables. This does two things. One, it allows the commercial note or paper to be stronger than just a financial paper contract. Also, it allows two key components of a contract to form which are an offer, backed by a consideration (a form of money). Two, it allows a company or financial institution to have more than a companies corporate reputation and past record of its receivables as a base in which they operate, further securing the asset-backed commercial paper (ABCP). Basically, this note, as described in detail and (Fritz, et al, Sept. 29, 2005, Reprinted from Ratings Direct) is credit extended with an asset back up feature in the form of a note. As aptly stated (Fritz, et al 2005), "ABCP conduits are typically established and administered by major commercial banks to provide flexible and competitive low-cost financing to their customers. " Utilizing the features of an asset-backed commercial paper, the venue that is needed for this transaction is a single seller conduit, which is,  "A single-seller ABCP conduit is a limited-purpose, bankruptcy-remote entity that issues CP as a way to finance the assets of a single originator. Such conduits are most suitable for asset originators with large pools."

Environmental Ethical Issues Essay Example for Free

Environmental Ethical Issues Essay The world has over the last few years been witnessing a remarkable rise in awareness in philosophical ideologies that are geared towards the environment. A number of theories such as animal rights, eco-feminism, deep ecology, bio-centric ethics and other theories have been proposed with the main aim of providing value to the environment. Environmental philosophies have helped in exploring various causes of environmental destruction and the proposals they put across that would help to reverse the trend of destruction and restore the environment to an acceptable level. Most of the practices that these theories try to raise are geared towards grappling with the effects produced by the industrial and economic cultures that thrive in most countries. However, a variety of issues arise pertaining to the applicability of environmental ethics and whether the theoretical outcomes are attainable (Brennan and Lo, 2009). Nature has always been an important aspect of human life, this is evident with the recent surge of focus in the subject as more and more people become aware of the environment. The issue of environmental ethics came into being as a discipline in schools in the 1970’s. Philosophies during the 1960’s had the perception that the late 20th century would witness a ‘population time bomb†. Rachael Carol was one of the vocal scientists who drew much attention to the issue of an environmental crisis by detailing the impact that pesticides would have on the environment. Lynn White jr. also did a masterpiece essay that traced the roots of environmental crisis by arguing that Judeo-Christian thinking was a major contributor in the over-exploitation of nature. He argues that the thinking was that human beings were superior to nature, which is a theory that is widely discussed in theology and history. This as he argues tends to cause a kind of arrogance towards nature and this tends to be a cause environmental crisis (Brennan and Lo, 2009). Polluting or destroying the environment is behaviors that are considered as immoral and this perception proves that human beings are embracing the concept that a sustainable environment is necessary for survival. However, the process of keeping a sustainable environment may mean culling animals, destroying overpopulated species, putting out natural fires and this often leads to some issues such as the morality of the actions taken. Another issue that arises is the restoration of an environment after destruction such as when a mining company restores a land after working on it for a while which begs the question of whether there is a â€Å"difference between restoring an environment or a natural one† (Brennan and Lo, 2009). Modern day scientists have often argued that finding a distinction between â€Å"instrumental values and intrinsic values† is of great importance (Brennan and Lo, 2009). Instrumental values mean that are usable while on the other hand, intrinsic values are not reusable are an end to their survival. Fruits are considered to be of instrumental value to bats that feed on them since this makes the bats survive. The fruits on the other hand are not widely regarded as having an intrinsic value for themselves. This debate has been one of the contentious environmental ethics issues. Things considered being of intrinsic value demand protection morally with regard to those that are instrumental. Most traditional thinkers often tagged the term intrinsic value only to humans with a renowned philosopher Aristotle arguing that â€Å"nature has made all things specifically for the sake of man† which means that everything else is classified as instrumental (Keller 2010). However, with the advent of the environmental ethics, the issue of man’s moral superiority to other species in the planet is been challenged. The other borne of contention that is trying to be tackled, is the classification of intrinsic and instrumental values among various species. Modern scientists have often argued that the main essence of environmental ethics is directed towards providing moral grounds for policies that are aimed at protecting the planets environment and tackling issues of environmental degradation before they get out of hand (Keller, 2010). The fate of the outcomes that environmental ethics aims to fulfill lies in how various laws will be enacted. A considerable number of philosophers have come up with ideologies and they should be used in order to formulate laws so as to promote environmental values that are acceptable and also attainable. Everybody should be part of ensuring that the environment is being conserved so as to ensure survival of for the present and future generations. It cannot escape out attention that we are living in a nuclear age where we heavily depend on energy that produces waste which some of it is hazardous to the environment and even unrecyclable. These types of waste require careful management in getting rid off, so as to ensure that they do not pose significant threats to the environment. Although these types of waste may not have short-term effects at the present, they may be catastrophic for the future generation and thus the need to practice wise environmental ethics at the present to ensure survival and a future for the planet. References: Keller, D. R. (2010). Environmental Ethics: The Big Question. New York: John Wiley and Sons. Brennan, A. and Lo, Y. (2009). Environmental Ethics, The Stanford Encyclopedia of Philosophy (Winter 2009 Edition), Edward N. Zalta (ed. ), derived on August 16, 2010 http://plato. stanford. edu/archives/win2009/entries/ethics-environmental/ .

Olympus Dictation Management System Analysis

Olympus Dictation Management System Analysis Introduction Olympus Dictation Management System is a software which allows the user to transcribe mp3, mp4 or wav files dictated by doctors, lawyers, solicitors etc. The main window looks as follows once the software is running. The developer made the software quite easy and straight forward to use. Title Bar: Displays Windows title bar with the file path. Menu bar Menu used with dictation module Tool bar Three groups of tool bar: Standard, Edit and Send Playback control bar: Plays audio files in the Contents list view, it is similar to the Playback Control screen Device Tree View Devices that are connected will display its folders in the Tree View. Content List View: List of audio and/or document files in the folder selected. Properties View: displays the properties of the file. Clicking the doubled arrow brings up the Properties Panel. Status Bar: Displays the number of contents and the number of selected contents, how files are automatically sent via email or FTP, displays author ID Features of a Playback Control Bar The bar is obtained by clicking (Switch to Playback Control Window) Whilst typing the bar stays on the screen with most important options used. 1. Moves to the previous Index Mark or edge of a verbal comment Rewinds the file, when holding down speeds up rewinding Starts the playback, pressing during the playback stops it Fast forward, holding down speeds up fast forwarding    Moves to the next Index Mark 2. Counter displays current playback time Audio/Instruction Comment Mode Switches between audio playback and Instruction comment playback. It indicates the priority of a file. 3. These options in the tool bar because quite useful while transcribing. The tick is called the Index Mark it can mark certain time on the playback if there is a difficulty making out the word being said, the tick next to it takes off the Index mark when no longer needed. The book icon shows a list of index marks Refresh sign is used when new files are being imported but not seen in the window, refreshes the list making the other files visible. Playback Control Window simply minimalizes the window just to the Control Bar. Not only the software is needed but also the hardware which contains a foot pedal with headphones. [i]The foot pedal is connected to the computer via USB cable along with the headphone set. There are usually three functions on the foot pedal which can be changed at any time through the setting in the software. The pedals can be set to control speed, rewind and play/pause. Word processing offers a spellcheck feature when typing documents. Performing a spell check through, after and before printing the document should be vital to any typists, as well as spellchecking also proofreading produced documents plays a big part using. There are certain words that Word may not catch when running the spellcheck it is important to read your own work before handing it to a doctor, patient or any other person it creates an unprofessional image. [ii] Spell it Rite There are number of online dictionaries / thesauruses which can help spelling of the medical terms and getting to familiarize yourself with the most useful sites are e.g. https://www.merriam-webster.com/ http://medical-dictionary.thefreedictionary.com/ http://www.medilexicon.com/ https://www.oxforddictionaries.com/ When typing names of drugs the best way of not making up the words is actually checking if they exist and what is the correct name of them in MIMS (Monthly Index Of Medical Specialities) or https://www.drugs.com/ Accurate use of spelling and punctuation in dictated material [i] https://www.olympus-europa.com/site/en/a/audio_systems/professional_dictation/audio_transcription/as_7000/index.html [ii] http://www.fireflydaily.com/wp-content/uploads/2016/01/Misspelled.jpg

Essay --

Phase 2 Botanical Healing DB 2 How new are herbs for you? Well a confession is in order. Over the years, many people talked about herbs of one type or another, but it seems like a waste of time and money. Well, here at CTU for the first time confronted with finding out what was thought as senseless now, makes a lot of sense. To learn about herbals, visiting 2 Herbal stores, checking the price, researching herbs to educate the patient of the need to inform the physician of all medicine and herbs they are taking. Therefore, the patient will be knowledgeable of their names, what they use for, the contraindications/side effects and interactions that may affect any conventional medications they may use. Aloe Vera is the name of the herbal supplement is a â€Å"type of dietary supplement that contains herbs, either singly or in mixtures.† (Herbal Supplements: Consider, n.d.) The common name of Aloe vera consists of aloe, burn plant, lily of the desert, and elephant’s gall. Aloe Vera is a plant that yields a gelatinous substance. Also, Aloe vera is bought in the form of capsules, tablets, juice, gel ointment, and creams. The dose for liquids is 1ml to 20ml, because Aloe vera comes in many different forms and doses that are dependent on what their use. â€Å"Foster, Hunter, & Samman, in (2011) states, that there are no serious adverse reactions reported following Aloe vera administration. In case reports, use of aloe vera produces hypersensitivity and allergic responses.† Also, â€Å"topical use results in contact dermatitis and oral use may cause diarrhea or vomiting (Foster, Hunter, & Samman, 2011).† In rare cases, severe â€Å"adverse effects with oral use of Aloe vera can be induced acute hepatiti... ...tp://www.ncbi.nlm.nih.gov/books/NBK92765 National Institute of health,(2013). Evening primrose oil Retrieved February 2013 from http://www.nlm.nih.gov/medlineplus/druginfo/natural/1006.html National Institute of Health,(n.d.). Green tea and green tea extracts contain caffeine Garlic Retrieved from http://www.nlm.nih.gov/medlineplus/druginfo/naturGreen tea and green tea extracts contain caffeine.al/300.html National Institute of Health,(2011). Green Tea Retrieved October 2011 from http://www.nlm.nih.gov/medlineplus/druginfo/natural/960.html#Drug Segal, R., & Pilote, L.,(2006). Warfarin interaction with Matricaria chamomile, CMAJ: 174(9), 1281-1282. Doi.101503/cmaj.051191 PMCID: PMC1535958 Retrieved from http://www.ncbi.nlm.nih,gov/pmc/articles/PMC â€Å"What is Echinacea†-WebMD answers-Get answers Retrieved from http://www.answers.webmd.com/answers/118248/what

Bright and Morning Star Essay

There are certain prevailing themes evident through the duration of the story, like race versus class, and religion versus faith; through these we can see the violence and terror that tear through Sue’s and Johnny Boy’s life and how they confront it. From the start of the story, it is evident that Sue loves her family and even though her and her sons have different beliefs she would do anything to protect them. Sue is a Christian woman, and has been since she was a little girl living and working on a farm learning the songs and meaning of the Lord through her mom. Her sons, however, are not swayed by her religious ideals and instead turn to the Communist Party as their faith, â€Å"She had sought to fill their eyes with her vision, but they would have none of it. And she had wept when they began to boast of the strength shed by a new and terrible vision,† (814). If they had listened to their mom and stuck with Christianity instead of Communism then none of the violence and terror would have been upon them, Sug would not be in jail, Johnny Boy would not have been tortured to death, and Sue need not have watched her sons be imprisoned and tortured then be killed herself. Over time though her beliefs start to change and she sees her sons’ point of view, â€Å"The past and the present would become mixed in her; while toiling under a strange star for a new freedom the old songs would slip from her lips with their beguiling sweetness,† (814). She too wants equality and is proud of her sons for standing up for what they believe in, but is also afraid for them, especially Johnny Boy who is willing to die to protect the Party and its members. During this time period, violence toward black people was common and terribly nasty especially in the South where lynching was common and often a group sport. Like many black people of this time, Sue distrusts most white people, and when hearing there is a leak in the Party she automatically points her finger at the white members. Johnny Boy on the other hand does not, â€Å"Mah, Ah done tol yuh a hundred times Ah can’t see white an Ah can’t see Black. Ah sees rich men an Ah sees po men,† (822). They are both somewhat naive, it is not white versus black and rich versus poor, but rather a combination of the two with shades of gray mixed in, like Reva demonstrates when she sneaks out to warn Sue of the danger coming after Johnny Boy. Of course during this time, almost all southern white folks saw themselves superior to blacks and had no problem distributing harsh punishments, like breaking Johnny Boy’s kneecaps with a crow bar and deafening him. The violence described is so real that their terror is tangible off the paper. By the end of the story, the violence and terror Sue and Johnny Boy had to endure is terribly surreal. Even though they may not believe wholly in the same things, the horror they both confronted came from a combination of race and their beliefs. Wright’s depiction of violence in his use of language is what constellates race, violence, and terror.

Franchising

Franchising is defined as a business model wherein the owner of the business (franchisor) gives the independent operator (franchisee) the right to distribute his product, apply his business techniques and use his brand and/or trademark in the conduct of the business. With such a business model, the business owner can maximize their business’ profit potential in a shorter time compared to other more traditional business models. In franchise business, it is not only the products or service that the franchisee can avail; it is more of the system-the business plan of the chosen franchise. It is fact that before franchise companies offer their business packages, they already conducted strenuous researches and studies to test the capability of the franchise to withstand the various factors that might affect the operation of the business. Simply put, franchise business offers a time-tested business plan. When entrepreneurs think of franchising, food is often the first thing that comes to mind. Most of the world’s biggest restaurant concepts are all franchised businesses. This chapter focuses on study and literature readings of franchising business specially food franchising. Different report related to this research will help researcher educate themselves to the different aspect of purchasing a food franchise. Since 1950s, food establishments have quickly become the most popular sector in franchising. In U. S. as the nation’s economic environment hold steady, franchising continues to exhibit its positive influence. According to William Rosenberg International Center of Franchising at the University of New Hampshire Whittemore School of Business and Economics, â€Å"Franchised Businesses create more value and perform better financially than their non-franchised competitors†. The study found that over the 10 year period, U. S. public restaurant franchisor have created more value than their non-franchising competitors. â€Å"Franchising firms minimize agency problems, and have access to cheaper capital, motivated managerial expertise, and better local market knowledge,† according to the report. Franchising has grown so fast since the 1950s that it is now pervasive in different economy around the world. In study commissioned by the International Franchise Association, PriceWaterhouseCoopers estimated that in 2001 there were more than 767,000 business establishment in the United States engaged in franchising, providing directly or indirectly more than 18 million jobs, over $506 billion in payroll, and over $1. 5 trillion of output. Franchising now dominates certain sectors of the U. S. economy, over 56 percent of quick-sevice restaurants are franchises. Franchising is also one of the fastest-growing U. S. xports, and it is now estimated that franchising will grow 12 to 14 percent per year in the future. The restaurant industry has earned a reputation for high risk and high rewards. Some industry analysts claim a dubious 90 percent failure in the first year. Franchise restaurants based on proven systems have a high success rate—about 62 percent over four years—than independent operators. In U. S. the average full-service restaurant in 2006 grossed $867,000. The restaurant industry is the U. S. largest employer after the government. The profitability of a food franchise always depends in their ability to provide satisfaction in their customers. Research indicates that consumers have strong preference about choosing where to eat—with 62 percent saying they look for â€Å"environmentally friendly† establishments, 70 percent want offerings not easily duplicated in their home kitchen; and 83 percent express approval of healthier eating options at quick service eateries. The Success of food franchise can be put down to strong customer focus; franchisees are selected and entrusted with a loved brand and the quality of product and service is never compromised. It is necessary that the franchisor offers its franchisees a comprehensive franchise system, with maximum support and training. Entrepreneurial Failure: The Case of Franchises†, by Steve Michael, a professor of business administration at the University of Illinois at Urbana-Campaign, concluded that â€Å"Franchisees are less likely to fail if they have been trained effectively by the franchisor†. Franchises with the best, most robust training programs have the most successful franchisees. The length of the training program was significantly tied to the chance of failure. Those franchises with the shortest franchisee training programs were more likely to fail. Those with longer programs were more likely to succeed. Michael Newman, president and founder of ABC, based in Citrus Heights, California, agrees and says training of franchisees was paramount from the word â€Å"go†. â€Å"We realized very early on that everything is about training† says Newman. â€Å"Franchisees need good training in order to be successful out in the field. There are as many varieties of food franchises as there are types of foods. Investments can range from the very high end of hundreds of thousands of pesos for full-service restaurants, to a moderate capital outlay for vending machine. There are franchises that specialize in sandwiches, barbeque, burgers, pizza, ethnic foods, candy, ice cream, smoothies and many other types of foods. Food franchising is most often associated with restaurants and it is the best franchise because food and eating remain constant. In Maslow’s Hierarchy of needs, survival needs is the first factor that man should satisfy. In here, nourishment of one’s body is essential, not just because man wants to eat but rather man needs to eat in order to survive. Aside from being a need for human survival, food is the best franchise to engage in because people spend much for food. Plus, human choices of what kind of food or menu to offer are almost endless. Another good thing about food franchise is that, there are a lot of affordable franchise packages that will fit your capital. Entrepreneurs can select from food carts, which is a good start-up, or by kiosks and cafes. This type of food franchise do not require investors to dole out millions or hundreds of thousands pesos. Franchising has recently been named as one of the most outstanding and most successful business models in the country today. It has become so popular that we now have more than a thousand franchise Philippines brands (from just about 50 franchising brands during the 1980s). No wonder, the Philippines is now being dubbed as the â€Å"Franchising Hub of Asia†. Food franchise here in the Philippines is a good earning potential since the products are usually affordable and the taste suits the Filipino taste buds. The very simple explanation for this is that Filipinos love to eat good food. Investors can put their franchise near the schools and universities, transport terminals and even within shopping malls. They can place their franchise anywhere, provided there is traffic or consumers who willing to pay for good tasting meals. There is no doubt, that food business or franchise is a stable industry despite the greet hit of economic recession. Entrepreneurs likely to think that competition in food franchise is stiff. Yes, of course. But their edge depends on the quality and taste of the food. They have to make sure that they deal with the best franchise company who offer good food at good price. Food products should be clean, properly processed, and served in an appetizing way. Naturally, man will spend good money for a great meal. So, it is a confirmation that food franchise can stay sturdy and growing even if other business entities face bankruptcy. Everyone can afford to skip buying latest gadget, but it is a sure bet that, they cannot afford to skip food. As long as there are people around, then food industry stays. Today, even if the economy is down, is still the best time to buy a food franchise. Food business in the Philippines is one of the best investments but it does not promise a 100 percent success. Successful business often start with an idea an entrepreneur hatches, slowly builds up and takes to market. Planning and controlling often occupy the top of every aspiring businessman’s to-do-list before they even starts leasing space and producing products. As it turns out, there are always exceptions to the rule, even in business. Take for instance Edgar Injap Sia. For him, taking advantage of a great opportunity outweighs all the planning known to man, which why he took up a vacant mall in his hometown of Iloilo City without a plan on what to do with. After a few weeks of conceptualizing, Sia decided to put up a restaurant offering an Illonggo staple called inasal in a ciy that was already teeming with versions of the same product. But due to his relentless work ethic, Sia’s Mang Inasal Restaurant became a critical and dominant success in the Visayas region in no time. After establishing a good foothold in that region, he then set his sights on conquering the holy grail of every Filipino businessman: taking his concept to Luzon, specifically the make-or-break capital city, Metro Manila. I was not very familiar with Manila, because I was born and raised in Visayas. I only visited once a year, and it was usually for very short stays. So I knew I was in for a quite a challenge taking Mang Inasal to Luzon,† he said. Out of nowhere, Mang Inasal branches in Metro Manila had sprouted like mushrooms. Mang Inasal’s Founder Edgar Injap Sia shares the secret on making up in the big league. First, be brave and be hold. Second, innovate and start something new. Third, be ready for backbreaking work. Fourth, refuse to give up. Fifth, go slow and steady. Sixth, join reputable organizations. Seventh, stand out. Eight, continue to look for opportunities. â€Å"Nothing is impossible with right attitude. Do not be intimidated by problems look at them as an opportunities for growth. That’s the entrepreneurial spirit of Mang Inasal’ Chairman and CEO, Edgar J. Sia II. In food franchise business commitment with the right attitude is one of the most important recipe. It is impossible to survive and succeed being a franchisee if you are not committed in your business. Source http://www.bison.com/press_ABCSeniors_06092008