Thursday, May 21, 2020

Financial Statements Of A Business s Stock Price Essay

Introduction Critical Financial Statements Financial statements most likely will consist of income statements, balance sheets, statements of retained earnings, and cash flow. Generally accepted accounting principles (GAAP) is the method of choice to maintain these records across domestic and international borders. Since these statements are regularly audited by government agencies or accounting firms to validate accuracy of these statements. Financial analysts utilize data to evaluate the performance and/or make predictions about the future of a business’s stock price. The three main financial statements are the balance sheet, the income statement, and the statement of cash flows. Balance Sheet A balance sheet is a summary of a business’s assets, liabilities, and owner’s equity at a specific period of time. The main purpose of a balance sheet is to give a snapshot of a business’s financial health while showing what the business owns and owes. Banks and other financial institutions use this information to determine how much credit to grant to a business when applying for various types of loans. As the name suggest, assets must equal liabilities and equity. Income Statement The income statement shows a detailed view of the revenue and expense of a business for a specified period of time. The income statement is divided into three parts: Total revenues, total expenses, and net income. Total revenue is for the reported period of time. Total expenses include all expensesShow MoreRelatedThe Signifiance of Financial Accounting in Business World1256 Words   |  6 Pagessignificance of financial accounting in the business world Hong Kong has long been a prestigious international financial centre attracting global enterprises investment. Being as competitive as in UK and the U.S., Hong Kong has its word-to-mouth sound financial reporting system, contributing to a healthy business environment. Audited financial reporting is mandatory for business enterprises to properly disclose appropriate information to public. Financial reporting plays a vital role in financial marketRead MoreIntroduction to the Finance Company Project979 Words   |  4 PagesProject Your team is required to analyze the future business and economic prospects of a major, publicly traded corporation using financial concepts and techniques as well as the concepts and techniques from other business areas. Make sure any statements you make in your analysis are consistent with the knowledge base of finance. Also please include your calculations (including spreadsheets), data sources (be specific, including date and page number(s)), and assumptions (explain your rationale) in theRead MoreComprehensive Problem: Sun Microsystems Essay1296 Words   |  6 PagesRunning head: COMPREHENSIVE PROBLEM: SUN MICROSYSTEMS â€Æ' Comprehensive Problem: Sun Microsystems A complete analysis conducted on the financial statements and status of Sun Microsystems exposed key issues determined to be of great import to shareholders. After examining the research findings and analysis, it seems that Sun Microsystems finances have not maintained a steady incline. In fact, it had definitely experienced some highs and lows in its return on investment and stockholders’ equityRead MoreFinancial Analysis For A Company s Performance1203 Words   |  5 PagesCharles_T._Horngren (2005) stated that â€Å"people perform financial analysis for different reasons, Supplier want to see if a customer can afford a price hike, Customers want to know if a company will still be around in a year to honor a warranty, Managers, creditors, investors, and the CEO’s all have their reasons for reading the statements, regardless of your interest in the company. Financial statement analysis involves using financial data to assess some aspect of a company’s performa nce† HorngrenRead MoreAnalyzing A Number Of Business Ratios From A Business Financial Terms1123 Words   |  5 Pagesthis report is to analyse a number of business ratios from a business financial terms. We presented information about the ROA, current ratio, PE ratio etc. and provided how Tesla’s performance was in the share market. These data would be useful for investors when they make investment decisions, and it is also important to Tesla’s managements for corporation development in the future. It is recommended that it is difficult to evaluate precisely on the share price due to the incompletely exposure onRead MoreComprehensive Problem: Sun Microsystems1138 Words   |  5 Pagesconducted on the financial statements and status of Sun Microsystems. After examining the research findings and analysis it is fair to say that evidence determines that Sun Microsystems finances has not been on a steady incline. In fact, it had definitely experienced some highs a nd lows in its return on investment and stockholders equity over a four- year evaluation from the duration of 1998 through 2001. In order to get a concise understanding of where problems are within the company s operationsRead MoreFord Motor Company Is A Good Investment Essay1448 Words   |  6 Pageslargest automaker in the world. Publicly traded and held on the New York Stock Exchange, Ford uses the symbol of â€Å"F† to identify itself. The purpose of this document is to investigate and determine if the Ford Motor Company is a good investment. I will further cover a financial analysis of Ford Motor Company, evaluate the businesses consolidated statements of income, balance sheet, statement of stockholders equity, and statement of cash flows, which this will confirm if my conclusion is correct. FordRead MoreEssay about Equity, Cash Flow, And Notes Analysis1081 Words   |  5 PagesIntroduction The success of a business entity depends on its ability to properly create, understand and analyze the financial statements. Financial statement analysis is important for understanding profitability and a firms financial condition. These documents help a firm in many ways, such as in making better financial decision and creating a clearer picture to attract creditors and investors. In highlighting the financial numbers for Wal-Mart, Team A will address the owner ¡Ã‚ ¦s equity and the cash flowRead MoreBenefits Of A Program Programs Rewards Employees For Poor Performance ( P. 424 ) Essay719 Words   |  3 Pagessurpass the disadvantage on stock option compensation package grant tied to company performance, however for average or lower level employees who are in the mercy of the key executive’s business decisions. Employee stock option provide advantages to companies such as ability to attract highly motivated and entrepreneurial executives and the capacity to hire and f ulfill incentive without draining earnings or company’s equity or spending cash. Obviously, employee stock option benefit companies at itRead MoreManagers Can Use Cvp For A New Power Drill1190 Words   |  5 Pagesexpanding their business in Nigeria would affect costs, revenues, and profits. These questions have a common â€Å"what-if† theme: What if we sold more power drills? What if we started selling in Nigeria? Managers must also decide how to price their products and understand the effect of their pricing decisions on revenues and profits,† according to the textbook (2015, p. 66). The company has to know the cost volume profit analysis incorporated fixed costs, variable costs, sales price, and sales amount

Monday, May 18, 2020

Effects Of Child Exposure On Domestic Violence Essay

Denhyia Brigmon Kathy Johnson AP Language November 30, 2016 Effects of Child Exposure to Domestic Violence Children look at their parents as their own personal hero’s, but what type of a role model is a father who hits a mother? Who is truly to blame when a child feels responsible for what’s happening in the home? Being exposed to domestic violence seriously threatens the health and emotional wellbeing of children. Researchers found date that when domestic violence occurs in households with children, the children grow up feeling guilty, hopeless, and unloved. Sometimes these children follow in the footsteps of their parents by becoming the abuser. Some grow up to commit crimes; others turn to drugs for comfort. What is Domestic Violence? Domestic violence is regularly more than simply physical abuse. It includes sexual, emotional, and mental brutality. At first, distinguishing the signs of an abusive relationship can hard, you never know what a person is actually going through unless they tell you. It is exceptionally regular for survivors to recognize the start of mishandle as the first time the abusers hit them, yet truly the cycle of violence may have begun early in the relationship. Perpetrators have a tendency to be attractive and extremely persuading when applying force and control approaches. However, understanding normal events or patterns in an unhealthy relationship and having the capacity to start an educated discussion is a step to healing, mending, andShow MoreRelatedThe Effects Of Child Exposure On Domestic Violence Essay1255 Words   |  6 Pages Introduction Although child exposure to domestic violence is quite prevalent, a review of academic literature reveals few studies focused on the experiences of children who lived with violent parents. The search did not reveal any studies that focus on how children experienced an intervention by the child welfare community. More research is needed to provide a voice for those children and provide the lack of information that s needed. This research proposal entails the lives of childrenRead MoreThe Negative Results of Childhood Exposure to Domestic Violence 979 Words   |  4 Pages The phrase â€Å"domestic violence† typically refers to violence between adult partners. Sadly, it has been estimated that every year between 3.3 and ten million children are exposed to domestic violence in the confines of their own home (Moylan, Herrenkohl, Sousa et al. 2009). According to research conducted by John W. Fantuzzo and Wanda K. Mohr (1999): â€Å"Exposure to domestic violence can include watching or hearing the violent events, direct involvement (for example, trying to intervene or callingRead MoreThe Negative Results of Childhood Exposure to Domestic Violence854 Words   |  4 Pages The phrase â€Å"domestic violence† typically refers to violence between adult intimate partners. It has been estimated that every year there are about 3.3 to 10 million children exposed to domestic violence in the confines of their own home (Moylan, Herrenkohl, Sousa et al. 2009). According to research conducted by John W. Fantuzzo and Wanda K. Mohr(1999): â€Å"[e]xposure to domestic violence can include watching or hearing the violent events, direct involvement (for example, trying to intervene or callingRead MoreLong-Term Consequences of Childhood Exposure to Domestic Violence948 Words   |  4 PagesLong-Term Consequences of Childhood Exposure to Domestic Violence Abstract: Domestic violence effects everybody in a family. Patterns of abuse from one parent to another, between both parents or directed toward a child all have a composite effect of inflicting potentially severe emotional damage upon the child. The research outlined here identifies domestic violence as a serious sociological problem and consequently provides a usable definition of domestic violence for the present study. This is followedRead MoreEffects Of Domestic Violence On Children990 Words   |  4 Pageswhen a child is exposed to domestic violence at an early age, that child adapts to these adverse circumstance and situations (Holmes, 2013). Therefore, children who are regularly exposed to domestic violence may initially display less aggressive behaviors than children who are never exposed. However, this is due to their fear of being a victim of a physical assault (Holmes, 2013). This finding was interesting because it shows how deeply the children are affected by exposure to domestic violence. TheRead MoreDomestic Violence and Social Problems1268 Words   |  6 PagesDomestic violence is a devastating social problem that impacts every sector of our population. Domestic violence is a pattern of abusive behavior in any relationship that is used by one partner to gain or maintain power and control over another intimate partner(USDOJ,2012). Domestic violence can be physical, economic, emotional, sexual, or psychological. Physical domestic violence is an attempt to impose physical injury such as grabbing, slapping, hitting, biting, etc. Physical violence can alsoRead MoreDomestic Violence And Its Effects On Children1445 Words   |  6 PagesWhat is domestic Violence? Domestic Violence is described as violent or aggressive behavior within the home, typically involving the violent abuse of a spouse or partner. Many children end up being the victims to seeing domestic violence in the home which is very unhealthy to their development. Some children may development re sentment toward both parents- one for not leaving and the other for causing the abuse. Depression, aggressive behavior, emotional distress and suicide depending on the severityRead MoreEssay about CJA 314 WEEK 4 CHILD EXPOSURE TO DOMESTIC VIOLENCE987 Words   |  4 Pages Child Exposure to Domestic Violence Child Exposure to Domestic Violence Child exposure to domestic violence has become the modern trend, which is happening way too often in many homes throughout the world today. Child exposure to domestic violence makes the exposed child to physiological indent to violence. Domestic violence is treated with consequences for violating the law. The crime can be considered a personal crime with traumatic psychological anxiety for the viewers ofRead MoreHow Does Domestic Violence Affect Children? Essay1736 Words   |  7 PagesBritannica, domestic violence, also known as domestic abuse, refers to any abuse that takes place among people living in the same household (Encyclopedia Britannica, 2008. Encyclopedia Britannica Online). Domestic violence includes, but is not limited to, spousal abuse and child abuse. Fighting, name-calling, destruction of property, harassment, sexual abuse, the misuse of power and exercise of control (intimidation) over the other person’s finances or actions are all classified as domestic vi olence. ChildrenRead MoreEssay about The Effects of Domestic Violence on Children1448 Words   |  6 PagesHow does domestic violence between parents and parental figures affect the children who witness it? This is a question often asked by Sociologists and Psychologists alike. There have been studies that prove that children who witness domestic inter-parental violence experience mental health problems, issues with gender roles, substance abuse, the committing of crimes and suicide/suicide attempts later in their lives. This paper will explore all five of these effects of domestic violence on children

Wednesday, May 6, 2020

Different Types Of Leadership Styles - 1288 Words

Background In the past several years, researchers have done a thorough research work in how they define leadership and leadership behavior. Leadership students and researchers have described many different types of leadership styles. The democratic and autocratic leadership styles are just two of the most prominent leadership styles that have been identified in leadership literatures. In 1939, a group of researchers led by psychologist Kurt Lewin decided to identify the different types of leadership styles that exist in the modern world. This early study was very important and actually established the three major leadership styles (democratic, autocratic and lasseiz-faire) that are very common in today s leadership literature. In Lewin s study, school children were assigned to one of three groups. Autocratic, democratic, or lasseiz-faire leader led each group. The kids were told by each group leader to complete an arts and crafts project as various researchers observed the children s behavior in response to each leader s leadership styles. The result of the study show that children in democratic group were less productive than members of the authoritarian but their contributions were of a much higher quality. So, the main question is : Which of this leadership style is better according to various past researches? The answer is : It depends. Leadership styl e has changed from a very autocratic approach to a very creative participative approach. ThisShow MoreRelatedDifferent Types Of Leadership Styles1127 Words   |  5 PagesInfluence, goals, and people is what leadership has been built off of creating variations of different types of leadership traits and styles. Leadership is simply defined as the ability to impact people to obtain a certain goal or accomplishment. In any type of business or corporation, leadership is an overall activity that is only distinctive among people within an organization. Uncertainty is a variation that come with a leadership role. This variation makes a leader a quick thinker and valuesRead MoreDifferent Types Of Leadership Styles976 Words   |  4 PagesThis paper discusses different type of leadership styles. Servant leadership is a leadership that was discovered by Robert K. Greenleaf. Greenleaf founds some key tools on how individuals can serve and be leaders at the same time while being effective. Many organization use this theory in their organizations rather it’s for- profit or non- profit. It will be explored on how organizations use this theory and how it works for them as well as what leadership style is used for my particular organizationRead MoreDifferent Types Of Leadership Styles1718 Words   |  7 Pageskinds of leadership styles used to facilitate the actions of others. Mirriam-Webster.com defines leadership as â€Å"a position as a leader of a group, organization, etc†. Another more inclusive definition regarding the leading role is â€Å"managers motivating employees, directing their activities, selecting the most effective communication channels, or resolving conflicts among members† (Robbins, Judge, 2013). If a company or organization suffers from poor, none, or the wrong leadership styles, everyoneRead MoreDifferent Types Of Leadership Styles1799 Words   |  8 PagesLeadership Styles Different leadership styles There are many different types of leadership styles that are adjusted to suit different roles of jobs. All leadership styles have a direct reasoning to provide direction, as well as motivating individuals. Authoritarian Leadership (also known as autocratic) has a high level of control. It empowers people to follow the directions given. It is frequently considered a classic leadership style and is used when the leader wants to take as much control asRead MoreDifferent Types Of Leadership Styles935 Words   |  4 Pagessupportive and they set the example for everyone to see. I think every successful leader follows this philosophy whether they realize it or not. I have worked for several leaders throughout my 21 plus year career and I have seen all different types of leadership styles. I have learned something from every leader I have worked for, whether they were a great leader who I wanted to emulate later on in my career, or the leader that I swore I would never be like. We learn from everyone that we work forRead MoreDifferent Types Of Leadership Styles868 Words   |  4 PagesBeing an effective manager means knowing when to use the right management style. The six management sty les are coaching, strategic, laissez- faire, bureaucratic, autocratic, and democratic. Managers have to perform many roles in an organization and knowing how they would handle difficult situations will depend on their style of management. The purpose of the paper is to understand a little about all the management styles and then which one best fits my personality and how it should be handled. BeingRead MoreDifferent Types Of Leadership Styles1330 Words   |  6 PagesWhat is Leadership? Why are there so many types of Leadership? Which one is the right one? These are all important questions people who are trying to lead ask. John Maxwell a well-known author on leadership stated simply â€Å"Leadership is influence†. There are numerous types of leadership styles, they all have their strong points about them, and depending who you are the circumstances can dictate which type of person with what type of leadership style will be successful. In this paper I will discussRead MoreD ifferent Types Of Leaders And Styles Of Leadership1590 Words   |  7 Pagesobligation to be a leader (Dufour, Marzano, 2011). Leadership defined by Owen (2002) is, â€Å"A journey of discovery. It is the expression of a person at his or her best whose aim is to transform something for the better and to develop this potential in others. It is not a solitary pursuit but one that harnesses the energy of those around you. Leadership is a process in which leaders and followers engage to achieve mutual goals. Prentice (2004) defines leadership as the accomplishment of a goal through theRead MoreEssay about different types of leadership styles9138 Words   |  37 Pages 3. Among the different types of leadership styles, which style would be suitable to a democratic country like India to become superpower in business? Justify your answer. LEADERSHIP The only definition of a leader is someone who has followers. To gain followers requires influence but doesnt exclude the lack of integrity in achieving this. Indeed, it can be argued that several of the worlds greatest leaders have lacked integrity and have adopted values that would not be shared by manyRead MoreTypes Of Leadership Traits And Effective Leadership Styles That Will Be Best For Different Situations Essay1488 Words   |  6 Pagesothers. A true leader is one who has the power, passion, and ability to guide others in the right direction. Leadership is having the control and will power to direct any group of people towards a common goal. There are several types of leadership traits and effective leadership styles that will be best for different situations. If leadership was easy, everyone would be doing it. Leadership requires more than just a few hopeful words and promises. It takes passionate and knowledgeable individuals

Washington, Dubois, And Douglas - 1513 Words

Isaias Salgado Mr. Siso February 11, 2016 Paragraph: Washington, DuBois, and Douglas What was Washington urging African Americans to do? What was he urging white Americans to do? Washington s plea for people to cast down buckets where you are How does this relate to his view of his new era? Booker T Washington was a social activist who advocated for increased rights of African Americans in the South. In Booker T Washington s speech he was urging African Americans to have patience with White Americans and accept discrimination from the white men and to focus on working to make Black men better through hard work and education. We see this when he says, Gentlemen of the Exposition, as we present to you our humble effort at an exhibition of our progress, you must not expect overmuch(Washington 1635). Washington talks to you the African Americans and tells them to not expect overmuch this shows that Washington believes that the African Americans should submit to the whites and to be patient because it is not an easy process. This letter was read to a white audience and m any criticize Booker T Washington for being a toady, but in reality that words were chosen very carefully and helped the growth of African American rights in the United States. In this time period white Americans owned many business and hired people to do the jobs that they did not want to do, foreigners. Booker T Washington urges the White Americans to hire African Americans and to help the AfricanShow MoreRelatedThe New Land Of America Essay1619 Words   |  7 Pagesin America and with the people creating problems for those of African American lineage. Some of the most influential speakers on behalf of African Americans were Samuel Langhorne Clemens, better known as Mark Twain, Frederick Douglas, W. E. B. Dubois, and Booker T. Washington. These men were born at different times, held different values, and were even of different race but they had one common denominator, they advocated for African Americans. Mark Twain is a popular American author who contributedRead MoreThe Life Of Frederick Douglass, Web Dubois, And Booker T Washington1323 Words   |  6 Pagesto the Constitution, slaves and free African Americans gained more freedom. The best path for these African Americans of the 19th and 20th centuries is to combine the ideas of great African American leaders like Frederick Douglass, WEB DuBois, and Booker T Washington. The optimal path to freedom for the subjected people is to become educated, to value themselves, working hard, and proving to oppressors that they are equal. DOUGLASS AND EDUCATION YO: Frederick Douglass was an extremely influentialRead MoreThe Dilemma Facing African Americans During The First Years Decades After Emancipation1557 Words   |  7 Pagesof blacks to the African continent. Edward Wilmot Blyden and Alexander Crummell â€Å"Pan-Africanist† Frederick Douglas – migrations were a mistake. African Americans should remain where they were, confront violence, and take a stand for equal rights. Booker T. Washington cautioned blacks against protesting segregation and disenfranchisement. In exchange for accepting white supremacy, Washington sought the public space to develop black owned businesses, banks, and other enterprises. control of severalRead MoreThe Harlem Renaissance Is Embraced As One Of The Most Influential1412 Words   |  6 Pagesmovement, as many artists sought for representation of black individuals as the art realm was grossly dominated by white artists, who gave very little thought or recognition towards black subject matter. The visual art renaissance featured Aaron Douglas, Palmer C. Hayden, Archibald J. Motley, and Hale Woodruff. Each one of these art forms contributed greatly to black Americans across the land, as the intellect and talent encouraged a cultural awakening within the people. After the Great DepressionRead MoreHarlem Renaissance Essay1069 Words   |  5 PagesSouth, as did the number of lynchings. The fear of race riots in the South caus ed large number of African Americans to move North between 1919 and 1926, to cities such as Chicago and Washington D.C. The idea that an educated black person should lead blacks to liberation was first founded from the works of W.E.B. DuBois. He also believed that blacks could not gain social equality by imitating the ideas of white people. Equality would have to be achieved by teaching black racial pride with an emphasisRead More The Harlem Renaissance Essay1031 Words   |  5 Pages as did the number of lynchings. The fear of race riots in the South caused large number of African Americans to move North between 1919 and 1926, to cities such as Chicago and Washington D.C. The idea that an educated black person should lead blacks to liberation was first founded from the works of W.E.B. DuBois. He also believed that blacks could not gain social equality by imitating the ideas of white people. Equality would have to be achieved by teaching black racial pride with an emphasisRead MoreThe Identity Of African Americans1758 Words   |  8 PagesRace was a primary factor used to shape the identity of African Americans which was seen through their culture. Race is portrayed through the narratives such as The life of Frederick Douglas by Frederick Douglass and the Autobiography of an Ex-colored man by James Weldon Johnson. In both the narratives, they state they are slaves due their race. First, this idea is supported in the Narrative of the Life of Frederick Douglass when he states in the preface, â€Å"he was a slave â€Å"too (Douglass 325).Read MoreSummary Of Du Bois 1782 Words   |  8 Pagesnice or tell him about how they fought in the War to end slavery. Du Bois is courteous when people say these things. Following this, Du Bois recalls his time as a schoolboy in New England. One day, Du Bois and his schoolmates were exchanging cards. DuBois couldn’t believe it when a girl who was new to the school wouldn’t take his card. He realized, then, that he was different from the other children (who were probably white). Du Bois then decided he lived within the veil and held a deep dislike forRead MoreAlpha Facts Essay3153 Words   |  13 PagesArthur Callis on November 12, 1974, Alpha Phi Alpha Fraternity, Inc. no longer had any living Jewels.   7. One of Alpha Phi Alpha Fraternity, Inc. prominent members W.E.B. Dubois,  came up with the idea of the Niagara movement, with later led to the NAACP. 8. Alpha Phi Alpha Fraternity, Inc.   Member and former Washington, D.C mayor Marion Barry was the first chairman of the SNCC. 9. Seven Alpha men represented the United States at the politically-charged 1936 Summer Olympics: Jesse OwensRead MoreEssay on A Universal Renaissance Man1291 Words   |  6 Pagesand traveling to West Africa and Europe. He spent six months as a busboy in Paris and continued writing poetry influenced by Carl Sandburg, Walt Whitman, and Laurence Dunbar. In 1924 he decided to return back to the U.S. to live with his mom in Washington, D.C. Langston again worked various jobs until he landed a white-collar job as a personal assistant to Carter G. Woodson a historian at the Association for the Study of African American Life and History. Since this job took up so much of his time

Analysis of Setting in Gilman’s “The Yellow Wallpaper” Free Essays

Eric Fitzgerald Critical Essay Keith Wilhite 10/22/12 Analysis: The Yellow Wallpaper In works of literature, authors tend to use various literary techniques to help the reader understand the work without an explicit explanation. In the short story â€Å"The Yellow Wallpaper† Charlotte Perkins Gilman uses setting to connect with the theme in order to give the reader an understanding of the narrator’s developing insanity along the common gender roles of the late 19th century. The narrator records journal entries that document the decline of her mental state throughout her progressively slanted perception of reality. We will write a custom essay sample on Analysis of Setting in Gilman’s â€Å"The Yellow Wallpaper† or any similar topic only for you Order Now Her decline in mental health, which seemingly begins as relatively steady, eventually becomes broken in a way that is exemplified through her explanation of the physical setting. Setting is used as a basis of the plot because without its unique setting, the story would have less credibility of being plausible. Gilman provides a compatible setting and theme, which leads to a smooth plotline in the story. The story takes place in a pleasant summerhouse that the narrator’s husband John has rented out for three months to give his wife time to relax and recover from her illness. This setting immediately tells the reader that the husband and wife live upper-middle class or upper class lives. John, â€Å"a physician of high standing†, clearly does very well for himself financially as he lives comfortably enough to rent out a luxurious summer home for the three months of summer (316). Although the narrator refers to the rental rate of the home as cheap, it is still a luxury expense that not many families would so freely incur. This detail suggests that John makes a good amount of money and allows the reader to infer how this family lives. Because Gilman has provided this setting, the reader is able to assume these more descriptive aspects of the story. The narrator’s first entry in her diary seem sane when read superficially, however the way she views her living space seems all too optimistic. She referred to her bedroom as a â€Å"nursery† and assumed that it was a â€Å"nursery first, then playroom, and gymnasium, I should judge; for the windows are barred for little children, and there are rings and things in the walls† (317). Yet when she described the so called nursery, one can have serious doubts. She mentioned that the size of the bed was that of an adult’s, and was the only piece of furniture in the room. The reader can immediately question this detail because it does not make sense for there to be an adult’s bed in a room that was for young children, or a gymnasium. The narrator later mentions that, for some reason, the bed is nailed to the floor and that there is significant damage to the legs of the bed. She explains, â€Å"scratched and gouged and splintered,† and â€Å"the plaster itself is dug out here and there† (319). The narrator blames these descriptions on violent children. The reader develops a further understanding of the narrator’s lack of sanity when the room in portrayed with a sense of her being locked inside. She discloses that the room has barred windows and a barrier taking away her access to the stairwell. She seems to be unaware of these possibly intentional confines of the room, but the reader gains insight to the credible previous usage of the room. In actuality, it allows the reader to question her sanity throughout all of her writing. There is a chance that the asylum was deliberately chosen for the insane narrator and John led her to believe it was a nursery to circumvent disturbing her â€Å"slight hysterical tendency† (316). â€Å"The Yellow Wallpaper† was written in 1892 and takes place in about this same time period. In this century, gender roles among men and women were distinct. The men worked and played a superior role in society, while the women stayed at home to cook, clean, and take care of the children provided they had any. In the story, John has the overall power in the house, while the narrator does as he says. The narrator showed her obedience when she immediately stopped writing when she noticed her husband was on his way to her room. She said, â€Å"There comes John, and I must put this away, – he hates to have me write a word† (317). Beyond the relationship of physician to patient, John is demonstrating his empowerment as a husband in this late 19th century short story when he does not allow his wife to go visit her Cousin Henry and Julia,: â€Å"[†¦] he said I wasn’t able to go, nor able to stand it after I got there; [†¦]† (321). The husband-wife relationship between the two is further uncovered in the narrator’s fourth journal entry. She accidentally woke up her husband in the night when she got up from her bed to explore the activity in the wallpaper and goes on to say to John that it is â€Å"a good time to talk† (322). Through their discussion, it is clear that John is talking down to his wife when he calls her â€Å"little girl† and cries out, â€Å"Bless her little hear! † (322). Additionally, John seems as though he declines to acknowledge the fact that his wife’s condition is not improving as he continuously reinforces the idea that she is getting better. The relationship between the two is clearly dominated by John. His wife’s reliance on him and her lowliness are highlighted by John’s condescending conduct. Furthermore, John placed his wife in an upstairs bedroom, where she ended up spending all of her time away from the rest of the house. Contrary to where the wife wanted her bedroom to be, she nonetheless endured the discomfort that the hideous yellow wallpaper brought to the room. After a detailed description of the wallpaper’s lack of attractiveness, the narrator stated, â€Å"I should hate it myself if I had to live in this room long† (317). In this moment, John’s wife’s declaration of hate towards the yellow wallpaper in a way foreshadows her imminent insanity. Throughout the story, the narrator’s thoughts become increasingly involved with the wallpaper to the point where most readers would question her sanity. Although she often mentions that she feels her health is improving, her writing becomes progressively obsessed with the wallpaper indicating her worsening mental state. Mentioning new â€Å"developments† in the wallpaper, she states, â€Å"There are always new shoots on the fungus, and new shades of yellow all over it. I cannot keep count of them, though I have tried conscientiously† (324). She also goes on to reference various other strange details of the paper such as its smell, its color, and that she believes there is a woman behind it making it move (325). At this point in the story, it is clear that the narrator has lost her grip on reality as the setting ultimately contributes to the plot line of the short story. Additionally, the narrator’s distance from the central areas of the house symbolizes the distance between her mental state and reality. The rest of the family resides in the common place of the house where they carry out their days – a normal reality. The author portrays the narrator’s figurative separation from the regular, sane world by physically distancing her from everyone else in the house. The narrator is also separated in terms of the social hierarchy of the house. The husband paid for the rent of the house and moves about freely in it while he requires his wife to remain in her room at all times, which also demonstrates his gender dominance in the late 19th century. Often times, the setting of a literary work can contribute much more to the reader than simply informing the time and place of the work. The reader can gain a better understanding of many different aspects of a work when the setting is critically analyzed. The narrator’s decline in mental health begins as relatively stable to the reader but eventually becomes fragmented in a way that is exemplified through her clarification of her physical setting. Her weakening mental state can partially be blamed her already preexisting nervous tendency, but is certainly a result of her questionable â€Å"treatment† and her husband’s denial to his wife as an adult on a level social hierarchy. The setting in â€Å"The Yellow Wallpaper† plays a crucial role in being able to thoroughly understand the literary work. How to cite Analysis of Setting in Gilman’s â€Å"The Yellow Wallpaper†, Essay examples

Business Research Methods Critique and Transgression

Question: Discuss about the Business Research Methods for Critique and Transgression. Answer: Introduction: It can be said that the entire questionnaire reflects the concern of the Roxanne Freeman reading the customers on their traveling experience. Tomlinson (2013) depicts in his research that it is crucial to identify the drawbacks of the competitors so that that could be implemented for better satisfaction of the customers. Canterbury Travels formulates a questionnaire to gather information from the customer regarding the duration of their traveling and the purpose for their traveling so that they can provide their services in the peak season or festive occasions (Currans 2016). Moreover, the rating customer will give while answering the questionnaire helps the Canterbury Travels to enhance their services particularly in some areas that customer wants to develop in travel agents. oreover are some questions regarding the frequency of the customers use a travel agency and the means through which those customers make payments for their travel plans. These questions provide the Canterbury Travels an effective approach o incorporate different payment options. They can also plan their further traveling plans depending on their type of traveling. Foucault and Thubron (2016) depicts that people need help when they travel for leisure as they are unaware of the new surroundings while a person has a planned destination on a business tour. Thus, the concerned organization can target the leisure travelers not only for provide them extra support and services but to enhance their relationship with hotel and travel organization of the different states. Attaining information from the survey Yes, the Canterbury Travels gain the information they need from this survey. This survey is helpful for the organization to attain knowledge whether the customer travel out of the Unite States so that they can expand their travel agency beyond U.S. The question by which means they make their travel agreements helps the Canterbury Travels to develop new strategies. Chen and Chang (2012) explain that, in recent times, travel agents associated with the different airlines and travel agents of other states so that an effectively planned tour can be provided to the clients. Following this approach, the concerned organization can gain extra financial growth of their organization. The personal questions like the age, gender, marital status, occupation, income group and education are helpful to gather the target group. Future services can be formulated depending on their affordability and understanding of the benefits of their travel services compared to the other competitive agencies within the same town. Reference List Chen, C.M. and Chang, K.L., 2012. The influence of travel agents on travel expenditures.Annals of Tourism Research,39(2), pp.1258-1263. Currans, K.M., 2016. Understanding Where We Live and How We Travel. Foucault, M. and Thubron, C., 2016. Travel as Critique and Transgression in.Travel and Transformation, p.43. Tomlinson, B., 2013. The relationship of travel agents and consumer travel magazines concerning the travel destinations of tourists using travel agencies.

Friday, April 24, 2020

Social Security Administration

Introduction Social security Administration also known by the abbreviations, SSA is an independent body that administers social security insurance to the aged, accident victims and the disabled. Employees are usually expected to pay the social security taxes so as to benefit from the scheme and the benefits usually depend on the contributions.Advertising We will write a custom case study sample on Social Security Administration specifically for you for only $16.05 $11/page Learn More The program has more than 62,000 employees across the country. Besides its head quarters, it has 10 regional offices, 8 processing centers and more than 13, 000 field offices. The Social Security Board now known as the Social Security Administration was started by the social security Act so as to oversee the administration of new projects by the social security program. The board is composed of three executives that are appointed by the president. The Board merged into the F ederal Security Agency which was mainly made up of the Public Health Service, the Civilian Conservation Corps and the board itself together with other agencies. To tame the inflationary effects on fixed incomes, the Cost of Living Adjustments were incorporated into the SSA programs. During its inception, the program only targeted workers bellow 65 years as long as they were within the states that were in its jurisdiction. The age restriction was later eliminated. Those employees that are not provided with a pension plan are particularly encouraged by the government to join the Social security program so as to benefit. This paper focuses on the programs of the SSA, the financial analysis and the future projections. Some of the aspects analyzed include the financial rations like the liquidity, activity, leverage and profitability ratios. The case study also uses the strategic audit worksheet, SWOT analysis, IFAS as well as SFAS so as to analyze the current state of Social Security Adm inistration and possible future implications. Social Security Administration Background Social security Administration was started as an independent body that would help people have social security and get social insurance. The applicants are expected make contributions to the scheme and the benefits that a person gets depends on the contributions made.Advertising Looking for case study on public administration? Let's see if we can help you! Get your first paper with 15% OFF Learn More This scheme was started by the law and it was meant to ensure that people have a decent life even after loosing their jobs or their ability to earn their livelihoods for instance through accidents or illnesses. The scheme has programs that target the old people, the disabled as well as victims and family members of those who had registered with the scheme. It gets most of its funding from the contributions that the employers and employees get remit to the scheme each month. The social se curity scheme has various offices spread across the country which are meant to ensure that its members throughout the country get their services without much difficulty. The scheme also gets much of its funding from the government. The scheme however faces a lot of competition from other pension schemes and pension programs offered by private insurance companies. Analysis Despite the numerous challenges experienced by the social security administration, the program has managed to accomplish much. In the recent past for instance, the world economic recession posed a challenge to the program financially.This however did not hinder the compensation and benefits of its members. Taking the example of 2011, the Social Security Administration funding from the government was less by $ 1 billion. This implied that the organization had to incur some budget cuts. Instead of carrying out blanket cuts across the board, priority was to be given to the most important activities so as to continue s erving the members. Findings have shown the workforce has been quite instrumental in offering quality social security services to the public through the adoption of new business strategies and use current technology in ensuring that thechanging needs of the members are met. This has resulted in an increase of about 4% in the productivity of the organization recently. The compensation process has been reduced to less than a year hence more claimants are able to receive their benefits within a short period. The payment accuracy has greatly increased and the number of claimants who are awaiting compensation due to their pending cases has significantly reduced.Advertising We will write a custom case study sample on Social Security Administration specifically for you for only $16.05 $11/page Learn More Through the establishment of customer care centers and tele-centers that deal with online services, the social security customer satisfaction index has greatl y improved and the number of applicants being served at a time has greatly increased hence reducing the workload by a great margin. Audit reports have shown that the Social Security Administration has complied with all the set laws and regulations and all the financial reports are reliable as they are in line with the given guidelines. The organization has been channeling its earnings and efforts in ensuring quality service delivery to the members. The efforts are geared towards ensuring and maintaining public trust as most people depend on it. There is need for the government to help the organization to improve its services. Financial Data For 2011 (Dollars in Billions) Net Position Year 2011 2010 2009 Total Assets $ 2,702.3 $2,635.5 $2’553.6 Less Total Liabilities $ 96.6 $95.9 $94.8 Net Position(Assets Net of Liabilities) $ 2,605.7 $ 2,539.5 $ 2,458.8 Change in Position Change in Net Position 2011 2010 2009 Net Cost $ 782.7 $ 752.3 $ 731.6 Total Financ ial Sources $ 848.9 $ 833.0 $ 863.0 Change in Net Position $ 66.1 $ 80.8 $ 131.3 OASI DI HI SMI Assets (end of 2009) $2,336.8 $203.5 $304.2 $76.6 Income during 2010 677.1 104.0 215.6 270.4 Outgo during 2010 584.9 127.7 247.9 274.9 Net increase in assets 92.2 -23.6 -32.3 -4.5 Assets (end of 2010) 2,429.0 179.9 271.9 72.1 Balance Sheet as at September 2011 and 2010Advertising Looking for case study on public administration? Let's see if we can help you! Get your first paper with 15% OFF Learn More (Dollars in Billions) Statement of Net Cost for 2011 1nd 2010 (Dollars in Billions) The total assets have been increasing in the recent years at a steady pace. The increase in the assets in 2011 f0r instance was a 2.5% increase from the previous year. The investments have also increased steadily due to the increase in the amount of revenue from tax collection as well as earnings from the investments. The liabilities also grew due to the increase in the number of beneficiaries as well as the benefits that had accrued from the past years. The net position of the organization had increased due to the growth in the asset base than the liabilities. Financial Ratios  Liquidity Ratio by 2011 Formula: LR = liquid assets / total liabilities. = 2909 / 96606 = 0,030112001325 Liquidity ratio for 2010 = 2825 / 95937 = 0.0294464075383 This ratio indicates that the social security administration can acquire short-term borrowings by taking the liquid assets as security. These assets can easily be converted into cash so as to cover the amount owed. The results above indicate that the liquidity ratio increased in 2011 from the previous year which is a clear indication that the organizations ability to handle short term credits had increased which is attributed to the increase in the liquid assets. Profitability Ratio By calculating the profitability ratio of the social security scheme, it is possible to determine whether it is viable and whether it will be operational even in the future. It becomes possible to determine the overall performance of the program. In the ratio, the profits made by the firm are compared against its size, total assets and the gains or sales made. From these, it is possible to compare the organization’s performance to other firms as well as the previous years.This ratio determines whether the scheme is good at running its businesses and whether it is performing well in comparison to its competitors. The rations indicate whether profits are b eing made. From this it is possible to infer whether the social security scheme is operating at a loss or profit and whether it is outdoing other competitors or it is trailing behind in its performance. Gross Margin This indicates the amount that a firm keeps as profit in relation to the sales. This is usually in the percentage form. The greater the margin the higher the premium a firm charges for its services or products. The formula is; Gross Margin = Gross Profit / sales In the Social security case; Gross Margin = (625 + 11089) – (8357+485) /625 + 11089 (11714 – 8842) /11714 = 0.2451767116271 In percentage terms = 0.2451767116271 * 100  = 24.5177% This indicates that the firm will fix its prices so as to ensure that a 24.5177%profit is made. Operating Margin This usually indicates precisely how much profit or loss a firm is making by putting into consideration the operating and marketing costs that are incurred before the goods are sold or services delivered. Oper ating Income/Net Sales In the above case, operating Margin cost=13586/11714 = 1.1598087758238 In 2011, the operating margin for social security scheme was higher. This indicates that the firm operated at a loss. This could be attributed to the inflation and macroeconomic instability across the globe. All these contributed to a higher operation cost hence plunging the scheme into a loss. Net Profit Margin This usually indicates the revenue that is kept by the company after all the expenses and other sources of income have been considered. = Net Profit or loss / Net Sales In the given case, the net margin would be; (11714-13586) / 11714 = -0.1598087758238 This is an indication that the firm made a net loss -0.1598087758238 As a percentage, this could be expressed as 15.98% loss. Free Cash flow margin This usually stands for the revenue that the management can turn into cash. The formula for the free cash flow margin is; Free cash flow/sales In this social security case, it would be, 8 48,912/ 11714 = 72.4698651186614 The high free cash flow in this case can be attributed to the fact that the federal government funds the scheme and hence the high free cash flow margin. Return on Assets It is a measure of the organizations capability to convert its assets into profit. The formula for this is; (Net Income + after tax interest expense)/ (average total assets). In the calculations, the after tax interest expense is added back to the net income. This is because the ratio measures the ability of the asset to generate revenue for the firm regardless of whether it is from debt holders or shareholders. The formula for return on assets can be summarized as follows ROA = Net Income / Total Assets = (5115 + 28085 + 625 + 23 + 11089) /2,702,344) = 44937 / 2702344  = 0,0166288969872 This is the firm’s ability to turn its assets into profit. Return on Equity This indicates the firm’s return on the shareholder’s investments. It is usually expressed in the p ercentage form. The formula is; ROE = Net Income / Shareholder’s equity = 44937/ (2,702,344 – 96,606) = 44937 / 2605738   = 0,0172454022622 As a percentage, this would be; 1.72454022622  % Activity Ratio Activity ratio can be termed as the firm’s investment in an asset or assets in relation to the returns from the assets or a group of assets. One of the ratios that fall under this category is the average collection period while the other is the inventory turnover ratio. Average Collection Period This usually indicates the average waiting period in which goods or services taken on credit are supposed to be paid. This is usually in days. The formula is (Accounts receivable / sales) * 360 The accounts receivable represents the customer’s promises for later payments. In the social security case, average collection period = (11089 / 907298) * 360 (11089 / 907298) * 360 = 4.3999215252321 It is hence expected that 4 days are the average number of days that p ayments are supposed to made for those who received the services on credit. The low average collection period implies that the scheme takes a shorter time to collect its cash from the debtors which is a clear indication that the organization is stronger as most of its cash is not held up in the form of debts. A higher average collection period would indicate that the organization is weaker as most of its cash it not paid on time. This would then imply that some of the activities would be at a standstill due to the insufficient funds. Inventory Turnover Ratio The ratio indicates whether a firm has more or less products in the inventory form. Too much goods in the inventory form might lead to the firm experiencing economic problems as the inventories are supposed to be financed until they are sold. Fewer inventories on the other hand might imply that the firm might fail to meet the customer needs and this might lead to the loss of customers. By finding the inventory turnover ratio, on e helps reduce the risk of having too much inventory or too little. Formula = Cost of goods sold / average inventory In the above case, average inventory= (6105+2909) / 2  =$ 4,507 billion Operation cost = 721,248  = Inventory turnover ratio = 721,248/4,507 = 160.028400266253 The organization has a high inventory turnover ratio. This indicates that it has fewer goods in the form of inventory. This is an indication that fewer funds are used to finance such inventories although the result might be the loss of some customers who might prefer the competitors that have enough inventory goods. Leverage ratios The leverage ratio which is also known as the debt to equity ratio is supposed to indicate the amount of debt on affirms balance sheet. The more the debt a company has the riskier it is especially on its stock given that in the case of bankruptcy, the stock is supposed to be used to settle the company’s debts. This ratio indicates the level to which a firm depends on debt so as to finance its operations. 2:1 is the uppermost acceptable debt leverage ratio limit.The debt is not supposed to exceed 1/3 in the long term. A higher leverage ration is an indication that the firm might find it difficult to repay its interest and principle incase another funding is to be sought. The formula for the financial leverage is; Leverage Ratio = total debt / shareholders equity. =2,688,344 / 2,702,344 – 96,606 = 1.0317015755229 Total Debt to Assets The form 0.0357489646026  ula for this is total liabilities/total assets = 96,606 / 2,702,344  = 0.0357489646026 Capitalization Ratio Long-Term Debt Long-Term Debt + Owners’ Equity =2,688,344/ (2688344+2605738) = 0.5078017303094 These ratios are a clear indication that the social security scheme depends on debts to fund most of its activities. Most of the funding is from the l government. Debt / Equity Ratio This indicates the level to which a firm relies on its debt holders to finance its activities as opposed to its owners. A higher debt/equity ratio is a clear indication that the company relies more on debts so as to finance its activities that it relies on its owners. This is risky. A low debt/equity ratio on the other hand indicates that the firm is stable as it does not majorly rely on debts so as to finance its activities. Debt equity ratio= (Long-term debts + short-term debt)/ total equity In the given case, debt/equity ratio=12’843/2,605,738 The small debt/equity ratio is a clear indication that the company is not in much debt as it does not fund most of its activities from debts. SWOT Analysis for the Social Security Administration Through SWOT analysis, it is possible to determine the strengths, weaknesses, opportunities and threats that the scheme encounters. In this case, there are various strengths that give the scheme a competitive advantage over its competitors. Analysis Strengths The scheme gets stable funding from the employers as well as the empl oyees particularly those in the formal sector. This is made possible through defined contribution programs. The scheme allows for private pension hence allowing even those individual who are not employed particularly those in private businesses to benefit. It is insured and this ensures that the applicants continue receiving their benefits even during hard economic times. The scheme receives funding from the government as funds are set aside from the budget so as to ensure that the scheme runs as expected without becoming bankrupt. The contributions made are not taxed. This shields the scheme’s income from heavy taxation that would make it difficult to operate. The contributions to the scheme are customized so as to fit the needs of the member and suite one’s salary. The processing period has been greatly reduced which implies that the beneficiaries are able to be compensated within a shorter time. This gives the scheme a competitive advantage over the other schemes. T he scheme has well established customer care centers which ensure that some customers are served online and their questions and inquiries are dealt with online. This has made service delivery easier and faster. The scheme has been characterized by administrative efficiency. The set laws have also been in favor of the scheme. Weaknesses At times the government funding is never enough hence plunging the scheme into budget deficit. In the 2011 case for instance, the government funding was less by $1 billion which implied that the scheme had to make numerous budget cuts. The scheme is also prone to the economic shakeups as in the case of the recession and inflation which makes it expensive for the scheme to pay all the benefits to the applicants and the value of the benefits is also greatly altered. The scheme has ignored the informal sector hence loosing the revenue that could be earned from this sector. The private sector has been underexploited by the scheme hence losing on the revenue that could be earned from this sector. There have been cases of evading the contributions and claims that are inflated hence plunging the scheme into an economic turmoil. It has been difficult to for the scheme to get its earnings especially in the cases where the resources are channeled towards low yield investments. There have been cases of inefficiency in the collection of the contributions, registration of new members as well as record keeping. It has not been quite easy to collect the contributions from the private sector. Opportunities The private sector has not been very much exploited as it is in the case of the public sector. This could be done so as to get more funding and earnings from this sector. The informal sector is the other opportunity that can be exploited so as to increase the scheme’s funding. Threats The scheme is prone to macroeconomic fluctuation as well as recession and inflation. The high unemployment figures and the increase in the number of workers being laid off imply that the scheme is bound to witness numerous losses particularly due to the reduction in the amount of contributions from employees. The public sector has also been prone to budgetary constraints. There has been strong opposition to reforms within the scheme hence leading to high operation costs. IFAS Mean characteristics of young adult (aged between 18 and 40) female SSI and AFDC recipients (in percent) Characteristic Supplemental Security Income (SSI) Aid to Families with Dependent Children (AFDC) Estimated mean annual (weighted) population (thousands) Married White Less than high school education Disability status None Any Severe Missing information Family composition With at least one adult in the family (other than the respondent) With own children Family income   less than 150% of poverty Program participation SSI AFDC family    470 13.3 59.9 48.1 6.0 80.0 72.9 14.0 64.1 35.7 69.5 100.0 20.6    2,940 15.7 41.1 46.0 64.4 20.2 15.0 15.4 42.1 96.9 89.1 3.3 100.0    According to the findings, it is clear that there is an overlap between the families that received the supplemented security income and those which get aid due to the fact that they had dependent children. Individuals from families that received the supplemental security income and those that received aid due to having dependent children were interviewed. Most of these families had disabled sole bread winners. Most of them had conditions that could not allow them to perform the normal daily duties that could enable them provide for their families. Some for instance were disabled and had been either on wheel chairs or were using canes, crutches or even walkers for more than six months. Some had mental conditions that rendered them unable to perform the normal duties that could help them provide for their families  (Ware, 2009). The overlap between the families that are on social security income and those that get aid due to having dependent children has resulted in case overloads which has had implications on the period taken before these families can receive their benefits. According to the findings, some of the factors that are put into consideration while a person is applying for these benefits include the disability status, the individual’s education background as well as race. For the Self Invented Personal Pension otherwise known by the abbreviations SIPP, the individual characteristics that are considered include the age, marital status, the disability status, the person’s education level, his/her participation in other programs such as the SSI and AFDC. The economic status and policy variables at that particular time are also put into consideration. For the children to benefit, other factors are considered too, for instance, the age of the parents, the race, education and the level of disability are considered. Internal Factors Analysis Summary(IFAS) and External Factors Analysis Summary Table(EFAS) From the EFAS it is possible to infer the external factors that affect the scheme. Focus is given to the opportunities which are available externally that the scheme can exploit so as to expand and even get more funding. These include the targeting of the informal and private sector. Attention is also given to the external threats that are likely to influence the operations of the scheme like the inflation, budgetary constraints, unemployment and high operation costs. The IFAS on the other hand focuses on the internal factors that affect the operation of the scheme like the use of new technology and customization of contributions. Comparison of SSI recipients at their first SIPP interview and post-SIPP recipients (in percent) Demographic group Married With own children Children in mother-only families Low Income families AFDC participation Disability status Young women (aged 18 to 40) SSI recipients at first interview 13.3 35.7 n/a. 67.5 20.6 80.0 Post- SIPP SSI recipients 34.4 67.5 n/a. 68.4 29.4 50.5 Children (aged 0 to 17) SSI recipients at first interview n/a. n/a 52.2 75.7 29.4 56.0 Post-SIPP SSI recipients n/a. n/a 53.2 69.3 37.s 20.2 SFAS Year Adjust. R Sq. All (1) Adjust. R Sq. Income (2) Adjust. R Sq. Book Value (3) Incr. Book Value (1-2) Incr. Income (1-3) N 2000 0.676 0.622 0.559 0.054 0.117 1972 2001 0.155 0.077 0.130 0.078 0.025 1982 2002 0.680 0.173 0.591 0.507 0.089 2013 2003 0.784 0.445 0.690 0.339 0.094 2028 2004 0.859 0.635 0.760 0.224 0.099 2007 2005 0.861 0.611 0.787 0.250 0.074 2035 2006 0.882 0.779 0.811 0.103 0.071 2056 2007 0.805 0.698 0.738 0.107 0.067 1973 2008 0.631 0.203 0.573 0.428 0.058 1904 2009 0.709 0.189 0.699 0.520 0.010 1859 From the chart above, it is quite evident that there has been an increase in the book value in the recent years. This is can be attributed to the fact that the number of members who are joining the scheme is increasing. It can also be attrib uted to the improvement in the collection of contributions that were otherwise lost in the past years due to poor collection methods. The increase in the book value can also be attributed to the efficiency in service delivery which leads to customer satisfaction. This helps to retain the existing customers and even attract new ones. The reduction in the net income can be attributed to macro economic factors like inflation and high unemployment rates which simply lead to the reduction in the total income being collected from the members. N=20 Net Income and Net Loss Firms Net Income Only Variables (a) INCBV t (b) INCNI t (a) INCBV t (c) INCNI t SFAS .190 (.056) -.049 (.032) .132 (.043) .004 (.904) Adj. R Square .136 .178 .157 .008 Definitions INCBVt represents the incremental R square for the book value. INCNIt represents the incremental R square for the net income. Conclusion The Social Security Scheme has been instrumental in making sure that its members have a decent life even after they retire, become ill or are incapacitated due to their involvement in accidents. The scheme has been receiving much support from the government particularly in terms of funding. This has helped it to avoid being plunged into much debt or even bankruptcy. The management has been working hard so as to reduce the workload and even improve its services to the clients hence improving its customer satisfaction index. This has been made possible by employing the current technology in its service delivery. The starting of online services for instance has helped reduce the workload and made the work easier. The processing period has been reduced to less than a year. This has prompted most employees to register with the scheme given that other schemes take a longer period before processing the benefits hence increasing the book value. The scheme has also had its own difficulties particularly due to the high inflation rates and the world economic recession. This resulted in the reduction of the income that the scheme earned especially in 2011. All the same, the scheme continues to play a significant role in the welfare of its members. There is need to even better the services offered by the scheme and reduce the period that individuals have to wait before they can be compensated. References Bertoni, D. (2011). Social Security Administration: Management Oversight. New York: DIANE Publishing. Bovbjerg, B. (2006). Social Security Administration: Improved Agency Coordination. New York: DANE Publishing. Ferrara, P. (2000). Social security: the inherent contradiction. Massachusetts: Cato Institute. Kutz, G. (2011). Social Security Administration (SSA): Cases of Federal Employees. New York: DANE Publishing. Matthews, J. (2012). Social Security, Medicare and Government Pensions. Chicago: Nolo Press. Meyerson, N. (2010). Social Security Policy Options. New York: DIANE Publishing. Osterweil, L. (2007). Social Security Administration Electronic Service Provision . Washington: National Academies Press. Ricard, R. (2007). Social security: promise and reality. Washington: Hoover Press. Sacks, A. (2004). 2004 Social Security Explained. New York: DANE Publishing. Tomkiel, S. (2008). The Social Security Benefits Handbook. Washington: Sourcebooks, Inc. Ware, W. (2009). Elements of systems modernization for the Social Security. National Academies: Washington. Wunderlich, G. (1998). Social Security Administration: critical issues. Washington: National Academies Press. This case study on Social Security Administration was written and submitted by user Rayan Tran 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. You can donate your paper here.