Financial managment project Essay Example | Topics and Well Written Essays - 2000 words

Financial managment project - Essay Example TAQA is operating in a multi-billion-dollar global market oil and energy market. As a result of this, the financial performance of TAQA is determined by the trend in the global market. Lately, the price of oil has been erratic, and this has also affected the economic standing of many oil companies worldwide, TAQA inclusive. Some of the major competitors of TAQA are Shell, Chevron, British Petroleum, and Exxon Mobil. These financial analyses will unravel the suitability of TAQA for investment as it reveals the level of profitability, durability and the benefits any future investors could gain by putting their hand-earned money on the company. (I) Level of Profitability: From the fiscal year 2007 to 2009, Abu Dhabi National Energy Company demonstrates a healthy level of profitability. This observation can be supported with the following data: In 2007, TAQA’s average profit margin was 0.12, and its returns on equity was approximately 0.12. These are encouraging figures because 2007 was a terrible year in the energy market. It was the period the oil price shot up to the sky and made energy business almost seemed unprofitable. However, TAQA was able to have an appreciable return on assets that worth 0.015. The following year (in 2008), TAQA’s profit margin increased considerably to 0.19, and its returns on equity did a lot better coming to 0.2, while the returns on asset surprisingly came to 0.02. These results indicate the fact that the profitability of TAQA increases every year. Although, the year 2009 is different because the financial crisis that began in the United States also affected TAQA, bringing its profit margin down to 0.01, its returns on equity plummeted to 0.014 and its returns on assets shrank to 0.001. However, there is every possibility that once the financial crisis is over, TAQA will be abl e to rebound to its profitability level. (ii) Degree of Solvency: The analyses

Lab report Essay Example | Topics and Well Written Essays - 500 words

Lab report - Essay Example Apart from primary aluminum obtained from bauxite, secondary aluminum and aluminum compounds are obtained through recycling. Recycling aluminum prevents depletion of aluminum ore reserves. Compared with primary production, production of secondary aluminum requires a lower amount of energy. (Davis, 1993) One compound that can be obtained by chemical treatment of used aluminum is potash alum. Potash alum or common alum (potassium aluminum sulfate dodecahydrate, KAl(SO4)2.12H2O) is a double salt. The Al3+ ions in alum act as flocculating agent during water treatment and purification and also as a blood congealer in medicine. (Atkins & de Paula, 2006) To investigate a possible method for recycling used aluminum cans, potash alum was prepared from a piece of aluminum can. Feasibility of the recycling process was studied by calculating the percentage yield. Collecting and weighing aluminum. The aluminum beverage can was washed. A 5Ãâ€"8 cm piece of aluminum was cut from the can. Paint from the outer surface of the can and plastic from the inner surface of the can were scraped off. The aluminum piece was cut into small squares. The aluminum squares were weighed and 0.996 g of aluminum was placed in a 250 mL beaker. Addition of potassium hydroxide. To the aluminum in the beaker, 50 mL of 1.4 M potassium hydroxide was added. The reaction mixture of aluminum and KOH was heated on a hot plate in the hood. Heating was stopped when the mixture turned grey. Vacuum filtering. Vacuum filtration apparatus was set up. The hot solution was vacuum filtered. The beaker used was rinsed with distilled water (5 mL) and this solution was also vacuum filtered. The filtrate obtained was cooled in an ice-water bath for a few minutes. Addition of sulfuric acid and crystallization of alum. To the cooled filtrate, 20 mL of 9.0 M sulfuric

An Analysis of Cry, the Beloved Country :: Cry the Beloved Country Essays

An Analysis of Cry, the Beloved Country    In Alan Paton's novel Cry, the Beloved Country two characters, Absalom's girl and Gertrude, show the how society in Johannesburg is as a whole. Absalom's girl symbolizes how girls her age are mothers and have even become divorced several times before. On the other hand Gertrude, Kumalo's sister, illustrates the qualities of a young woman who becomes corrupt from Johannesburg's filthy system of stealing, lying, and prostitution. Both of them show the ways of Johannesburg as a whole. When Gertrude is first found, by Kumalo, she is seen as a ragged and dirty person making her living as a prostitute. When Kumalo sees this he thinks of how she could have a much better living if she came back with him. This is, in essence, the same thing that Kumalo and the blacks are trying to do to Johannesburg. These people are trying to fix the corruption that has taken place in the city. Gertrude, like many others who have come to Johannseburg, or who were even born there, were brought to a world where corruption is the key to living. This is the only way to make a decent life and so they stoop to the lowest levels possible, cheating and prostitution. And just like the rest Gertrude can't be saved from what has become. Even though Kumalo tries to save her and the city of Johannesburg from what it has become it is known that once they have become what they have it's impossible to change them back. Absalom's girl, on the other hand, symbolizes how the society gets into many difficulties at a very young age. This girl has already had several husbands and has a child. Like the rest of the population of Johannesburg she has been confronted by something she is not ready to face. Because of the way of life in this city her choices, along with many others, is half chance. Even though it seems to be the right thing it isn't the same outside of the city. Symbolism is also shown through Absalom's girl to Absalom. Many people, in Johannesburg, have spouses who make a living by doing many bad things including stealing. Also, a great number have lost someone because of what they do, either by death or by getting arrested and prosecuted. Either way the people are taking a risk and it is shown by what happens to Absalom.

Ethics Training Essay

Ethical training is aimed at helping workers to incorporate a high degree of ethical standards in their daily lives as well as help the workers recognize their decisions’ ethical considerations (Lewis, Goodman, & Fandt, 2006). It enables the workers to understand the code of ethics as well as encouraging the workers to abide by the code of ethics. Nowadays, many organizations are providing ethics training to their workers in addition to providing a code of ethics. The ethics training is meant to reinforce the code of ethics and it greatly enhances the ethical behavior of workers in an organization. To begin with, ethics training programs are useful in helping workers to avoid rationalizations which are oftenly used to justify unethical behaviors (Lewis, Goodman, & Fandt, 2006). Some of the rationalizations used to justify misconducts in organizations include the reasoning that the activity being undertaken is in the interest of the organization, the reasoning that one will never be found out, and the reasoning that the act is not exactly illegal (Lewis, Goodman, & Fandt, 2006). Secondly, ethical training provides workers with a general framework which the employees can use to deal with the ethical issues that they encounter (Lewis, Goodman, & Fandt, 2006). This enables the workers to behave ethically as before workers act they are required to identify consequences and analyze options. In addition, ethics training provides a forum where employees and the management can discuss about the ethical dilemmas that the employees are facing and following this the employees are given guidance on how to approach the dilemmas by applying the ethical policies of the companies thus helping the employees avoid unethical behavior (Lewis, Goodman, & Fandt, 2006). Lastly, ethics training programs are useful in helping managers and supervisors to practice self discipline especially when it comes to decision making when faced with difficult situations (Lewis, Goodman, & Fandt, 2006). For an ethics training program to be effective, there are things that need to be included in the program. One of these is an interactive session where the employees are given an opportunity to ask questions about the ethical dilemmas they may be facing and have the questions answered (Ferrel & Fraedrich, 2006). The cases could also be fictional. The other thing to include in an ethics training program is a code of ethics. An ethics training program should be aimed at communicating the contents of a company’s code of ethics to the employees (Ferrel & Fraedrich, 2006). This is done face to face and should also explain the importance of ethical behavior. An ethics training program should include all the organization’s employees. Both the employees and the managers should undergo ethical training as the training would be of little importance if the leaders do not act as role models of ethical behavior (Ferrel & Fraedrich, 2006). In addition, this can demoralize the employees who behave ethically as they feel that the company’s policies are not being employed equally. The training methods used to train should also be interesting and could include things such as videos, posters, and group discussions (Ferrel & Fraedrich, 2006). The training program should also include education on the importance of values as well as education on the importance of compliance with laws and rules with the aim of inspiring principled behavior among employees (Ferrel & Fraedrich, 2006). For example managers can be informed about questions that according to the law are illegal to ask interviewees. It is also important to incorporate a decision making model which is a set of questions to help the employees make ethical decisions (Ferrel & Fraedrich, 2006). References Ferrel, O. C. & Fraedrich, J. (2006). Business ethics: Ethical decision making and cases (7th ed. ). Florence, KY: Cengage Learning. Lewis, P. S. , Goodman, S. H. , & Fandt, P. M. (2006). Management: Challenges for tomorrow’s leaders (5th ed. ). Mason, OH: Thomsom Learning.

Evaluation Of A State s Health Care System And The...

Month Year All-Payer Claims Databases and the Gobeille v. Liberty Mutual Case AAFP Position on Data Transparency and Sharing The AAFP’s policy on Transparency states the AAFP believes that transparency in health care should include disclosing payers’ fee schedules and payment policies, reporting physicians’ cost and quality information, and providing other relevant health care information. Background on All-Payer Claims Databases A growing number of states have established All-Payer Claims Databases (APCDs) to fill information gaps, support health care finance and delivery reform initiatives, and increase price transparency for patients, providers, and other interested parties. APCDs are large-scale databases that collect, aggregate, and analyze data from multiple public and private payers. The data submitted by payers include medical claims, pharmacy claims, consumer eligibility information, and provider information; dental claims are also typically included, but not always. APCDs provide comprehensive information on health care costs, utilization, and quality that allow states and other stakeholders to better understand the overall performance of a state’s health care system. In 2003, Maine was the first state to implement a statewide APCD system and now 24 states (AR, CA, CO, CT, DE, FL, KS, MA, MD, ME, MI, MN, NH, NY, OK, OR, RI, TN, UT, VA, VT, WA, WI, WV) have existing or are currently implementi ng APCDs. States rely on APCDs to show results and trends from their

The American Dream - 1140 Words

The American Dream is not a Reality Ever wondered what it is like to be truly free, safe, or have a true friendship? In the 1930s, people constantly asked themselves this question, as they traveled the country in search for work. In the novella, Of Mice and Men by John Steinbeck, George Milton and Lennie Small are in search of a new job to provide a steady income. An inspiration that always keeps them on track, and something to look forward to is the American Dream where they will own land, and have truly achieved freedom. In the real and cruel world, can one especially as unfortunate as George and Lennie really accomplish the freedom, safety and friendship of the American Dream? Throughout the story the reader sees many people who want†¦show more content†¦In pursuit of the American Dream, the two main characters, George and Lennie, both base their opportunity to just be together in peace and to work as their own boss through this American Dream. Throughout the story the reader can tell that these two are fr iends, but polar opposites. Once they get a job and save up enough money they will purchase the land that comes with the American Dream. This sounds very similar to the American Dream, living the simple life at their own leisure, with only the essentials. With dramatically different character traits, George, unlike Curley’s wife, has a major disadvantage when getting a job and babysitting Lennie at the same time. Usually a reliable friendship is a great thing, however the relationship between Lennie and George is strong yet inhibiting to George. He soon realizes that success, combined with having to assist someone with a disability, becomes very difficult. The dream that they have is similar to the general dream that most people have as a motivation; thinking they have a future to look forward as stated in this quote. â€Å" ‘With us it ain’t like that. We got a future.’ †¦. ‘O.K. Someday-we’re gonna get the jack together and we’r e gonna have a little house and a couple of acres an’ a cow and some pigs and-’ ‘An live off the fatta the lan,’ Lennie shouted†(14). This is another perspective of the American Dream of owning your own piece of land and livingShow MoreRelatedImmigrants And The American Dream1362 Words   |  6 PagesImmigrants and the American Dream In the article â€Å"The American Dream†, by James Truslow Adams in The Sundance Reader book, he stated that the American dream is that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement. It is a difficult dream for the European upper classes to interpret adequately, and too many of us ourselves have grown weary and mistrustful of it. It is not a dream of motor cars and highRead MoreThe American Dream By Kimberly Amadeo1637 Words   |  7 PagesNowadays, a large number of people migrate to the United States to work and achieve the American Dream. According to the Article â€Å"What is the American Dream?† by Kimberly Amadeo, â€Å"The American Dream was first publicly defined in 1931 by James Truslow Adams in Epic of America. Adam’s often-repeated quote is, ‘The American Dream is that dream of land in which life should be better and richer and fuller for everyon e, with opportunity for each according to ability or achievement.’† There are many peopleRead MoreAnalysis Of The Movie The American Dream 754 Words   |  4 Pages Nyreel Powell Ms. Jones American Literature 1 June 2015 The American dream in A Raisin in the Sun Have you ever had a dream and it didn’t come how you wanted it to be? Have you ever had accomplishments that you wanted to achieve but people were getting in the way of them? The four main characters in this book all have good dreams but there are people in the way of getting to those dreams or their dream is too high to accomplish. A Raisin in the Sun a play written by Lorraine Hansberry, andRead MoreSister Carrie and the American Dream1618 Words   |  7 PagesThe American Dream is surely based on the concept of â€Å"Life, Liberty and the Pursuit of Happiness† but it is above all, a matter of ambition. James Truslow Adams, an American writer and historian, in 1931 states: life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement†, which not only points towards a better standard of living for Americans but also denounces a degree of greed in the US society. Ambition not only â€Å"killed the catâ₠¬  butRead MoreGrapes Of Wrath And The American Dream1644 Words   |  7 PagesThe idea of the American Dream is ever changing depending on the person and the time of life that person is in. Although the main ideas of the American Dream remain the same to be educated, economically sound, healthy, to have a family, and equal rights. Many great films and works of literature were created to show case all the different ideas people have for their American Dream. The film â€Å"Grapes of Wrath† directed by John Ford and the poem â€Å"I Will Fight No More Forever† by Chief Joseph, both depictRead More Destruction of the American Dream Essay2145 Words   |  9 PagesDestruction of the American Dream I’ve talked about it in the past, the destruction of the American Dream. Always, there have been papers, writings, and thoughts that quantify a particular section of its ultimate demise, be it due to money, education, or sexuality. Maybe the destruction cannot be viewed as a singular event or cause. Perhaps instead it must be examined as a whole process, the decay and ultimate elimination of a dream. Self destruction, if you will†¦ Mr. Self Destruct Read MoreSuccess As One Of The American Dream1137 Words   |  5 PagesApril 2015 Success as One of The American Dream When we hear the word â€Å"success†, we often think of wealth and money. To some people, the embodiment of being success is earning a lot of money. In fact, the concept of success is primarily based on how much money a person earns. However, each person views the definition of success differently. One way to define success is something that has more to do with flash than it does with substance. John Wooden, an American basketball player and coach viewRead MoreJim Cullen And The American Dream2081 Words   |  9 Pages The American Dream, as defined by Cullen, is starting your goal off with a little and ending with more; it s like a business, you invest in it in order to gain more money. Usually, people will define the American Dream as being able to achieve your goal because everyone is offered opportunities. Cullen does acknowledge that people are born with different opportunities, so he talks about the good life. The good life describes different factors that determine your opportunities. Throughout the otherRead MoreFactors Influencing The American Dream1834 Words   |  8 Pagesindividual to succumb or to not succumb to the seductions of crime. These three factors are brilliantly portrayed in the television show, Breaking Bad and the novel, The Stick Up Kids. The American Dream is what many American citizens strive for. However, not all of those citizens are able to achieve the American Dream through a legal pathway. The reason an indivudal may not being able to do so is because of his or her background factors. It is important to note that background factors are a fractionRead MoreShark Tank And The American Dream1755 Words   |  8 PagesShark Tank and The American Dream The TV show Shark tank embodies everything the American dream represents. The show obtains successful Entrepreneurs ready to invest their own money into other Americans wanting to be just like them, reaching the American dream and become a successful entrepreneur. The show presents entrepreneurs working towards the goal of creating a business to not only gain wealth but also change the way we live today. The show is to keep the American dream alive and well while

Spanish Colonization Of North America - 993 Words

Spanish Colonization of North America In 1492 when Christopher Columbus discovered the New World, Spain had discovered its next easy conquest. With North America added to its territory Spain had surpassed ancient Rome as the largest empire. Exploiting the land, labor, and minerals Spain quickly conquered and settled most of South America, the Caribbean, and the Southwest. Spain used its new wealth to help finance their war in Europe. With promises of riches and many natives to convert to Christianity the Spanish sent conquistadors who brought with them not only superior military technology but also diseases like smallpox, scarlet fever, and the bubonic plague decimating native populations like the Aztecs, Mayans, and Incas. These Spanish conquistadors, who were poverty-stricken nobles predominantly from the west and south of Spain, were then awarded encomiendas, land grants that included the right to force native populations into slavery as long as the convert them to Christianity (Shmoop Editorial Team, 2008). The Spanish Monarchy governed North America using viceroyalties and audencias, royal mediation courts. The church also played a part in governing the New World and large areas like what is known today as Texas, Arizona, New Mexico, and California was under control of Dominican, Franciscan, and Jesuit missionaries with the goal of converting the natives to Catholicism. Since North America was being used to fuel the income needs of wars over in Europe the SpanishShow MoreRelatedCompare and Contrast Spanish and British Colonization Efforts in North America Prior to 1763.1475 Words   |  6 PagesCompare and contrast Spanish and British colonization efforts in North America prior to 1763. Prior to 1763, both Spanish and British colonization efforts expanded into various regions of North America. In less than a century, from 1625 to 1700, the movements of peoples and goods from Europe to North America transformed the continent. Native Americans either resisted or accommodated the newcomers depending on the region of the colony. Though the English colonies were by far the most populousRead MoreThe Major Differences in the Colonization of North and South America between the French, Spanish and English and Subsequent Civil Rights.2019 Words   |  9 Pagesï » ¿The Major Differences in the Colonization of North and South America between the French, Spanish and English and Subsequent Civil Rights. The Major Differences in the Colonization of North and South America between the French, Spanish and English and Subsequent Civil Rights. Even in the twenty first century North America, the United States and Canada in particular, is viewed as a bountiful land with rich resources and numerous civil liberties that have inspired differentRead MoreDifferences Between Britain And Spanish Colonization778 Words   |  4 Pagessimilar motivations for colonization, but their colonies were vastly different in many aspects due to differences in their own government and policies. Both countries created colonies to increase their wealth and expand their economies, but religious freedom played a factor in British colonization. The fundamental differences between the two countries led to a difference in the way the colonies of each country interacted with its government. The relationship of British and Spanish colonists with NativeRead MoreColonization of Spain and Britain Essays647 Words   |  3 Pagestime period, Spain and Britain, to win control of North America. Prior to 1763, these entities battled over territory on the co ntinent, eventually leading the Britain’s dominance. The economic, social, and political differences between the Spanish and British colonization efforts created the opportunity to Britain to overtake North America. To begin, economic factors greatly contributed to the power of each entity. Both British and Spanish wealth flourished from the economies of the coloniesRead MoreNative Americans During The Colonization Of Early America855 Words   |  4 PagesAmerican continent, contact with the Native Americans who were already living there was inevitable. In the colonization of early America, the various groups of European settlers: the Spanish, French, English, and Dutch each had unique experiences with, and therefore individual opinions of the Native Americans whom they interacted. Each of these nations also shared commonalties in their colonization processes and in how they viewed Native Americans. Furthermore, the Native Americans held differing opinionsRead MoreBenefits Of The Spanish Colonization1409 Words   |  6 Pages a name given to people who came from Spain or from the spanish descendents. These people over the course of hundreds of years, because this specific colonization bega n hundreds of years ago. Brought upon us many great opportunities and changes for our society today, but one thing in particular are benefits brought by Spanish colonizations. In this essay the reader will learn about what benefits exactly were brought by Spanish Colonization and how some of these benefits, benefit The United StatesRead MoreAmerican History Essay938 Words   |  4 PagesQuestion 1 Prior to the arrival of Europeans, the Iroquois developed a confederation to: control violence that may have occurred over territory conflicts. Question 2 The religious dissatisfaction, that ultimately played a factor in the colonization of the New World by Separatists, began in 1517 when which of the following men publically protested the Catholic Church? Martin Luther Question 3 Refer to the map entitled Indian Groups in the Areas of First Contact (Map 1Read MoreFree And The Home Of The Brave1394 Words   |  6 Pagesclaim to be a land of freedom but America takes the cake in terms of popular opinion. America’s particular brand of freedom is something that has been in a constant state of evolution since the days of the revolution. Freedom in North America has also evolved over the centuries of colonization beginning with Columbus. By looking at US history, beginning with Columbus’ landing and the subsequent Spanish colonization, through British colonialism to the birth of America and beyond, we can see that freedomRead MorePeter H. Woods Strange New Land: A Review764 Words   |  4 PagesStrange New Land, offers a seemingly vast view of the presence of African Americans in present day North America. Mr. Wood describes the harsh and often brutal fate of African Americans during the colonization of America. Exploring Chapter 1, allowed me to view the way different cultures took advantage of not only African Americans, but Native Americans as well. Native Americans were invaded by Spanish settlers, taken into slavery and forced to live with harsh living conditions. Settlers exposed themRead MoreDifference Between Spanish And English Colonization1012 Words   |  5 Pagesthe Old World and the nation began to claim the majority of territory in Central and South America. Spain sent conquistadores to assert their dominance in the New World through violent conquest which resulted in difficult relations with native populations. Although the English did not settle in North America until the early 17th century, well past the period of the Spanish conquest, their methods of colonization were more successful in the long term. The English were able to find economic success through