School Attendance A Safe Place For Students Essay

For centuries, schools have been known as a safe place for students to obtain proper education. However, as time has past more safety issues in schools have arisen throughout the globe. With schools falling on a decline quickly, more work needs to be done in order to provide safe places dedicated to learning. Doing this will benefit students, parents, and teachers extraordinarily. While safety in schools today is extremely important, it also influences all students in educational, social, and emotional ways. Attendance in school is a major factor in the safety of schools today. When students feel unsafe inside a school building, they are much less likely to attend. On average, nearly five to seven and a half million students miss nearly a month of school each year (â€Å"Facts about School Attendance† 1 ). Danger within schools can be evident, however it can also be created behind the scenes- hidden from the standard eye. Bullying, harassment, student insecurity, and discrimination also impact how safe a student feels at school. Experiences like these are often the opposite of pleasant, leading to many students not wanting it to continue. A leading cause of chronic absence is due to students feeling that the only way they can escape daily harassment, is not attending school. Lack of school attendance is a major issue, due to the fact that every day of school counts. When students miss consecutive days of school, they will fall behind their classmates. Workload will pile up,Show Mo reRelatedEffectiveness Of After School Programs1576 Words   |  7 PagesDue to after school programs receiving public funding, questions arose as to if after school programs were effective. Effectiveness of after school programs, and funding is now measured by academic improvement of students who attend after school programs. Data on the effectiveness of after school programs have conflicting outcomes. Some studies found a significant increase in student’s academics who attended after school programs (Durlak, Weissberg Pachan 2010; Durlak , Weissber, 2007). OthersRead MoreBenefits Of A Uniformed School Day1550 Words   |  7 PagesA Uniformed School Day Uniforms have been a key element in promoting a successful, safe and unified establishment. Those successful establishments could possibly include a private high school, a sporting team, or even a business. Typically, private schools enforce the policy that a uniform most be worn by all enrolled students. But why hasn’t the majority of traditional public schools, developed uniform policies? Benefits of uniforms within schools may include, students feeling more professionalRead MoreUniforms are One Less Distraction696 Words   |  3 Pagesclothes makes the student†Ã¢â‚¬â€ school uniform policies seemed to have made the difference in many schools throughout the world. Over the last decade, the implementation of such policy has been on the rise, bringing about waves of debate among students, parents and teachers. Today, more than ever before, the role of a teacher has become much more complex. Most assume responsibilities that extend outside of the more traditional in structional role, and include expectations to provide student with emotionalRead MoreEvaluation Of A Classroom Referral Records817 Words   |  4 Pagesmonitor THINK Together student growth. Twice a trimester, the administrative team would document GPA’s in student progress reports and report cards, and report findings during DRS meetings. Lastly, at the end of the year, the site coordinator would conduct a post-assessment, and come together as a program evaluation team to share data results. The same process would repeat itself year after year to monitor the programs influence on academic achievement. To evaluate students engagement over theirRead MoreLiving The Asca Code Of Ethics881 Words   |  4 Pagesrelationship with his mother cloud my judgement on how to advise the young man. I set boundaries within the first few moments of the session that dealt with the explanation of confidentiality and that his feelings and opinions were in a judgement free safe zone (A.2.a. Confidentiality). His issue was simple. He felt that his mother was not allowing him to become independent or in his words, â€Å"grow up.† To his defense, he was correct in his observation. I reasoned with him to talk with his mother in aRead MoreHigh School And College Campuses947 Words   |  4 Pagesprevention, and punishment programs can be enforced in high school and college campuses to discourage and prevent: extensive use of alcohol to the point of alcohol poisoning potentially leading to the death of the individual(s), prevention of reckless sexual behavior, date rape and other sexual violence. By enforcing more and effective programs through means of education, prevention and punishment the frequency of these actions in high schools and college campuses will decrease substantially. FurthermoreRead MorePositive Behaviour Support1247 Words   |  3 Pagesï » ¿Positive Behaviour Support Policies and Procedures of the Work Setting There are many different policies and procedures that schools have to abide by some of these are; Behaviour policy- The behaviour policy goes over topics like how to treat others, how you should act in the premises, how you should talk to others and how you should do something when you have been told to do it etc. The policy also goes over rules and consequence’s if the rules are not followed. It goes over how they use positiveRead MoreSchool Uniforms Should Not Be Banned1440 Words   |  6 PagesSchool uniforms began in the sixteenth century. England was the first to use school uniforms. The uniforms were for the poor children attending charity schools to distinguish them from the other students. Three hundred years later, better English schools were making the students wear school uniforms. The controversy for school uniforms in American schools began in the nineteen eighties (â€Å"History†, n.d.). Although school uniforms were found in private schools, in nineteen eighty seven the first publicRead MoreHow Bullying has Affected the Entire Student Population or t he School Climate532 Words   |  3 Pagesnegative effects to the students who are being bullied. They are affected mentally, socially, and more often than not, are reluctant to attend school. There are many studies about bullying in school and the impact on the child who is being bullied, but there are not studies on how bullying has affected the entire student population or the school climate. This article focused their attention on the school wide impact of bullying. The study looked at 7,058 ninth graders in 289 schools in Virginia. WhatRead MoreClassroom Management Philosophy. Introduction. Classroom1255 Words   |  6 Pagesachieve its goal. Classroom management is the process that schools and teachers create and maintain the appropriate behavior of students in a classroom setup. The main aim of implementing the management strategies is to improve students’ academic engagement (Emmer Sabornie, 2015). In the context of Alfie Kohn theory, an ideal classroom is the one that curiosity and cooperation are emphasized above everything else. Alfie argues that student s interest should act as a governor to what is taught in

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Fundamentals of Corporate Finance Theory and Practice

Question: Discuss about the Fundamentals of Corporate Finance Theory and Practice. Answer: Introduction: The company selected for this task is Nick Scali Furniture which is listed on the stock exchange under the symbol of NCK. The company tends to import premium furniture and engage in the retailing of the same. Currently, the company has limited presence only at selected locations across Australia but the company in the near future aims to expand its operations and presence across more locations (NCK, 2015). In the wake of the future growth that the company expects, the role of CFO is of particular importance and cannot be overemphasised. The three main responsibilities that the CFO of NCK is expected to discharged are briefly discussed below. Investment Opportunities and Capital Budgeting In relation to the existing business model of the company, two factors are pivotal for the sustained success of the company. One is to select reliable vendors globally which can supply high quality furniture to the company and second is retailing of the same to the customers through a host of distribution channels. Currently the company sources furniture from Asia and as the business grows, it would be imperative for the company to scout for new opportunities from where the furniture could be bought from (NCK, 2015). Typically, this would require significant investment in the backend furniture value chain particularly at the end of the Asian vendor so as to assure that the company is able to get access to quality products. In this regard, there are a plethora of cost considerations as multiple factors are at play. For instance, the raw material availability and cost, availability of skilled labour, labour norms along with exchange rate fluctuations, underlying transport cost need to be considered by the company in order to choose vendors for the future. In this decision making, CFO plays a key role as he is aware of the various cost centres that contribute to the overall cost and ensures that these are built into the decision making process (Bhimani et. al..,2008). An additional requirement for the companys success is retailing. Although, the company does engage in e-retailing but considering the target segment that the company is targeting, it is imperative for the company to enhance its present in terms of retail stores. This is a strategic decision for the company which involves significant inputs from the CFO. The opening of new stores is a sizable capital investment for a company of the size of NCK (NCK, 2015). Hence, intense deliberations need to be carried put before narrowing down on a prospective location. Further, the estimated costs and revenue flow expected from the store would also be estimated based on the given information and empirical understanding of the business. Further, it is quite possible that the company may narrow down on multiple locations for setting up a retail store with all expected to create value for the company (Drury, 2008). However, the financial resources available with the company may be typically constraine d and hence under the aegis of the CFO capital rationing would be required so as to select on the most viable investment alternatives. Considering the high elasticity of the business, a sensitivity analysis of the prospective locations is also done in order to narrow down the choices and ensure a prudent choice be made (Petty et. al., 2015). Besides, it is also possible that the company may scout for some small acquisitions in the future in order to either gain presence in a new market or for backward integration. With regards to the due diligence of these acquisitions and the actual financing of these acquisitions, the role of CFO is integral and the success of these endeavours would depend on the business acumen, experience and knowledge of the CFO (Parrino Kidwell, 2011). Accounting and Reporting As a listed company, in case of NCK, segregation of owners and managers tend to exist which gives rise to the formation of an agency relationship. In order to safeguard the interest of the principal, the agent or the managers should continuously report the financial and operational performance to the owners so as to ensure that they prudent investment choice with regards to continuing their investment (Drury, 2008). Also, it needs to be considered that the company is a listed entity and hence needs to comply with regular reporting requirements as highlighted in the respective listing agreements of the stock exchanges. Further, this needs to be reported in a timely manner and at the same time should be compliant with the relevant accounting norms which is the responsibility of the CFO (Bhimani et. al., 2008). The CFO tends to be in regular touch with the audit committee of the company so as to understand the various loopholes that exist in the internal controls put in place by the company and ensures that requisite corrective measures are taken so as to ensure that the underlying risk of misreporting is minimised. Additionally, the tax liabilities of the company need to be prudently recorded considering the mode of sales and the value of imported furniture from abroad (Brigham Ehrhardt, 2013). Also, the impact of exchange rate is particularly significant for the shareholders of the company as the furniture is imported from Asia and hence currency fluctuations tends to have a direct impact on the underlying profitability of the business operations. The CFO ensures that these are reported correctly and also ensures that requisite hedging mechanism be put in place so as to deal with current risk (Brealey, Myers Allen, 2008). Additionally, the CFO acts as a chief coordinator to the external auditor and ensures that all the requisite information and support is made available to the external auditor so that the audit process is conducted smoothly and in a timely fashion. Besides, general overview of the companys operations, risk factors and the performance enables the auditor in making robust audit plans and resulting strategies (Seal, Garrison Noreen, 2012). Corporate Strategy Control The corporate strategy is the basic framework on which the companies operations are based so as to achieve the goals and objectives. In the process of corporate strategy formulation in wake of the competitive and dynamic business environment, the CFO plays a key pivotal role as he exploits his experience and superior financial skills so as to realistically present the likely financial implications of pursuing various options. This is particularly of significance for a company like NCK which operates in a highly elastic product segment and hence the business fortunes would be highly susceptible to the underlying economic trends (Brealey, Myers Allen, 2008). The CFO also tenders advice to the board with regards to any strategic alliances of acquisitions that may be value accretive for the shareholders. Additionally, since CFO is responsible for management of financial resources, hence his support his critical so as to ensure that the requisite resource allocation is done for a given p roject (Brigham Ehrhardt, 2013). The CFO also plays a crucial role with regards to erection of various benchmarks that act as milestones for ascertaining the performance of the various key executives. He/She also plays a critical role in the budget exercise which tends to spell out the key priorities of the company and acts as a potent tool to establish control over operations by limiting the availability of capital only for those projects that are considered value accretive by the management. Also, the CFO needs to meet the financing needs of the company so that the company has funds both for meeting working capital liabilities and also for setting new retail outlets (Bhimani et. al., 2008). Significance for objectives The role of CFO is a crucial one for the overall success of the company which is apparent from the responsibilities undertaken by him/her. The first step in this regard is to set a corporate strategy which is capable of achieving the companys vision and the objectives set by the management. Based on the corporate strategy, the various benchmarks are put in place which the key executive are expected to meet in a time bound manner. These benchmarks tend to be variable in nature and driven by a plethora of factors. The resource allocation is carried out under the aegis of CFO keeping in mind the budgetary allocations (Brigham Ehrhardt, 2013). Further, to achieve sustainable growth, it is imperative that the company enhances its presence which typically would require capital rationing and would to an extent be driven by the underlying preferences in whose determination, CFO would play and active role (Bhimani et. al., 2008). Also, it is the duty of CFO to ensure that the operational and financial performance of the company is disseminated to relevant internal and external stakeholders in a timely manner (Drury, 2008). To critically examine the given statement, the preliminary step is to discuss the efficient markets concept which is aptly represented in the form of Efficient Market Hypothesis (EMH). In accordance with the EMH concept, market efficiency exists primarily in three forms. The weak form of market efficiency hypothesises that the stock price movement is essentially random in nature and has no linkage with the past prices. Further, it is driven only by the information entering the market and technical analysis as an investment technique would fail (Petty et. al., 2015). The semi-strong form of market efficiency hypothesises that there is no utility of tracking stock specific information as any new information tends to get captured by the prices almost in an instantaneous matter and thereby does not provide opportunities to the market participants to derive gains based on this (Damodaran, 2008). The strong form of market efficiency hypothesises that the market price of the stock equals th e intrinsic price which is indicative of the all stock specific information and therefore there is no role for fundamental analysis as the stocks do not deviate from their intrinsic prices and any minor deviations are corrected automatically (Brealey, Myers Allen, 2008). If the capital markets become efficient and display features shown above, it seems that the statement that the pension fund manager could select the stock with a pin may be true. This is because the empirical prices of the stock are not significant for initiating any trades as the future prices are not linked with past prices. Also, the information about individual stocks is also equally futile because by the time the pension fund manager is in a situation to react to the news, the entire impact of the news has already been reflected in the price of the security. Thus, it makes sense for the pension fund manager to act as a passive investor in such scenario (Parrino Kidwell, 2011). However the following two factors also need to be considered before reaching a final conclusion. The investors in stock market are exposed to two risks i.e. systematic risk and unsystematic risk. The systematic risk cannot be eliminated through diversification of portfolio but the unsystematic risk can be minimised and even eliminated through portfolio diversification. As a result, it is imperative for the pension fund manager to choose a portfolio which is well diversified so as to atleast minimise the unsystematic risk associated with the investment. Clearly, this cannot be ensured through random selection of stocks and needs active choice of stocks designed towards a specific aim (Brealey, Myers Allen, 2008). Besides, considering that pension fund is directed towards providing a secured income to investors after retirement, hence the stock choices tend to be biased in the favour of large blue chip stocks that may offer limited capital gains but offer sizable dividend income. Hence, the portfolio that the pension fund manager must select should be representative of this objective and hence the stocks would not be chosen with a pin as the portfolio may include high risk growth oriented stocks (Damodaran, 2008). Based on the above reasoning, it may be concluded that the given statement is indeed false. References Bhimani, A, Horngren, CT, Datar, SM Foster, G 2008, Management and Cost Accounting 4th eds., Prentice Hall/Financial Times, Harlow Brealey, R, Myers, S Allen, F 2008, Principles of Corporate Finance, 9th eds., McGraw Hill Publications, New York Brigham, EF Ehrhardt, MC 2013. Financial Management: Theory Practice, 14th eds., South-Western College Publications, New York Damodaran, A 2008, Corporate Finance, 2nd edn, Wiley Publications, London Drury, C 2008, Management and Cost Accounting, 7th eds., Thomson Learning, London NCK 2015, Annual Report 2015, Available online from https://www.nickscali.com.au/media/wysiwyg/pdfs/NS_AnnualReport_2015_Final_LR_1.pdf (Accessed on September 13, 2016) Parrino, R Kidwell, D 2011, Fundamentals of Corporate Finance, 3rd eds., Wiley Publications, London Petty, JW, Titman, S, Keown, AJ, Martin, P, Martin JD Burrow, M 2015, Financial Management: Principles and Applications, 6th eds., Pearson Australia, Sydney Seal, WB, Garrison, RH and Noreen, EW 2012, Management Accounting, 4th eds., McGraw -Hill Higher Education, Maidenhead

Lincoln Electric Venturing Abroad

Question 1: What are the reasons behind Lincoln Electric being effective or ineffective? Reason for the company being effective:Advertising We will write a custom assessment sample on Lincoln Electric: Venturing Abroad specifically for you for only $16.05 $11/page Learn More One of the major reasons for Lincoln company success lies in the methodology the company uses to compensate its employees. The compensation system is based on philosophy of development of one potential through a properly defined incentive system. This incentive system was first proposed by the company then CEO James F. Lincoln. The system is comprised of four major factor elements. These elements include, wages that come inform of piece out put where an employee is paid according to the amount of work done. Other factors are end year bonus, limited benefits and guaranteed employment. Another contributing factor credited to the success of the company is the management style and cultur e. The culture at Lincoln Company creates a spirit of team work between the employees and management. The management style in the company is aimed at building sense of trust between the management and employees. Open communication in the company enables the employees to freely share their ideas and express their grievances to the superiors. The company’s financial health is also a factor to the company’s productivity and profits. Reasons for the company’s ineffectiveness:Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Financial troubles: During the 1991 recession in Europe and Japan, saw new companies in these geographical locations make huge loses and effect was responsible for dragging the whole company down. Another factor is that the compensation system in America did not quite apply effectively in other parts of the world simply because there was difference i n culture and ways of operations. Question 2: How did Lincoln firm achieve competitive advantage? The company’s innovative management style, culture and effective incentive system contribute majorly to the firm’s competitive advantage. The firm also maintained a significant cost advantage above its competitors in the post world war II period that saw major competitor withdraw fro the market as Lincoln firm dominated (Porter 22). Question 3: Can Lincoln Company apply the above competitive advantage in a new international context? The company application of its management styles and incentive system in other geographical set ups will not be successful in gaining competitive advantage. This is attributed to difference in culture and management style practiced in these different countries. The company top management realized that it could not utilize the American incentive system to other parts of the world because different cultures had different drive to achieve performa nce. The company can not use the cost advantage either since other international companies have even lower cost in their products than Lincoln firm. However the company can explore end year bonus to its employees abroad to make employees motivated and work extra hard. This will eventually be a source of competitive advantage to the company. Question 4: How has Lincoln competitive advantage been effective and why? Lincoln competitive advantage has enable the company acquire large market share especially in America. It is estimated that Lincoln Company holds 36 percent of a total of 1.5 billion American dollars in welding and equipment supplies making one of the biggest welding company in America.Advertising We will write a custom assessment sample on Lincoln Electric: Venturing Abroad specifically for you for only $16.05 $11/page Learn More This has been possible due to cost advantage utilized by the company that has enabled it gain competitive advantage over its competitors. The company’s culture and management style has enhanced effective communication within the company and encouraged new ideas to be developed. Lincoln competitive advantage has enabled the firm to expand internationally. The guaranteed employment has been helpful to the company even in times of economic hardship. This technique has enabled the firm to still work effectively without laying off workers. Work Cited Porter, Michael. Competitive advantage: Creating and sustaining superior performance. New York: Simon and Schuster Inc, 1985. This assessment on Lincoln Electric: Venturing Abroad was written and submitted by user Jeram1ah 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.