Limitations Of The Study Finance Essay - Free Essay Example

Business organizations have always procured goods as raw materials from suppliers and at the same time sold finished products to consumers on credit and defer payment for such products to the future. It is important that organizations manage such credit arrangements in a manner that should make them recoverable in the long run. Most organizations fail to manage their account receivables in the sense that there are no conscious effort on the part of management to track whatever amount are due them as companies. Inefficiencies and ineffectiveness in the analysis and review of debtors lists have always contributed to financial challenges in most organizations particularly, public organizations. The management of account receivables is of vital importance to the success of organizations as it prevents revenue leakage, reduce bad debt, increase companys cash flow and also improves delivery of value services to customers. According to Roberto, Short, and Patricia (2001) accounts receivables management is the process of establishing an effective system for credit policy, credit risk management, credit risk procedure, and recognition of bad debt expense. It is established that huge ledger balances of receivables indicate a flawed credit policy and any slack in the collection period of these organizations lead to a higher possibility of bad debts. A major component of accounts receivable is the trade credit offered to trading partners by an organization. Trade credit can be viewed as a loan a su pplier provides to its customers in respect of product sales. Ferris (1981) states that short-term loan is tied in both timing and value to the exchange of goods therefore a company would want to collect receivables sooner rather than later as this will enable the company to increase its frequency of reinvestment, or turnover, of its capital. The ability to liquidate the receivables should be of great concern to companies since non-payments and late payments by credit customers can negatively affect the business operation (Zainudin, 2008). There are risks attached to offering trade credits to customers due to the duration between the time of delivery of service or products and the time the customer pays, in this case if a company sells on credit, its money is tied to the products until the customer pays. But, importantly though credit collection function is, it is often neglected and managed inefficiently. The problem, however, is not new and not confined to any particular industry or country. Ghana Water Company Limited, Kumasi within which this research is being conducted is of no exemption. The companys primary objective is to provide reliable and affordable water supply to meet the needs of its customers. However, achieving this objective seems almost illusory in the numerous challenges the company is confronted with. The Ghana Water Company Limiteds Monthly Revenue Report for May (2012), has revealed that sizeable amount of money stands in the books as arrears which its numerous customers are supposed to pay. In managing account receivables, there should be a policy that will help maximize revenue collection. It will need to take into account a companys current and desired cash position, as well as its ability to satisfy expected demand. Past and present governments of the Republic of Ghana have been trying various ways of getting funds to improve the water systems in the country in order to provide potable water for the good people of this country. Th ey have not relented in their efforts, yet it seems that not enough funds have been solicited to enable Ghana Water Company to execute this very important task. Several studies have indicated that it costs the company almost GHÂÂ ¢0.80 per meter cube to produce, transport and distribute a unit volume of potable water. Water tariffs have, however, been held around GHÂÂ ¢0.20 per meter cube. GWCL has already been operating at a level constrained by insufficiency of funds without regard to actual operational needs. In this case if Ghana Water Company Limited do not properly manage their accounts receivable well, they may be faced with debt servicing challenges and will be forced to impose higher tariffs the effects of which may be unbearable to the consumers of its services. Organizations should therefore be practically oriented and be systematic of managing accounts receivable to enhance their continual growth, profitability and survival in their businesses. 1.2. Statement of the Problem The significant role in which an effective management of accounts receivable plays in every organization cannot be overemphasized. Companies that concentrate on credit sales without monitoring their collection will soon find much of their current assets tied up in bad debts. The offer of service on credit base to customers needs an effective credit system management that allows companies to collect its accounts due on time and not inherit risk. Ghana Water Company Limited deliver their service on credit basis and that has created huge arrears or debtors figure in their financial statement making it difficult for the company to manage its account receivables taking into consideration the size of its indebtedness. Ironically, GWCL has always been given the mandate by the Public Utility Regulation Commission (PURC) to increase its tariffs a little higher but still complains of lack of adequate funds to enable them operate effectively and efficiently. This cause reaction from the ge neral public of the poor quality of service being provided by GWCL because the health of the masses of every country largely depend on the source of water they drink or use, that is the more reason why it is said that water is life. It is believed that there are more to the problem and therefore an increment in tariffs without better management of accounts receivable will always cause obstacles in the production of service to customers. This study therefore seeks to look into these problems in the context of GWCL and identifies how the company can manage its account receivables build-up in order to ease the financial burden it currently finds itself. It further draws a practical conclusion to the billing system of the Ghana Water Company Limited, their collection strategies, credit policy and generally how these huge arrears are or should be managed by GWCL and other business organizations which may find this work beneficial to them. 1.3 Research Questions The statement of the problem induces the researcher to formulate the following sub questions: What are the credit policies of Ghana Water Company Limited? Do consumers of Ghana Water Company abide by the credit policy? What are the difficulties faced by GWCL in the collection of accounts receivable? How does this affect the smooth operations of the company? What is the relationship between GWCLs credit policy management and its debt collection performance? 1.4 Research Objectives The overall aim of this study is to evaluate the management of accounts receivable in service organizations and to suggest ways to overcome its challenges. The specific objectives are to: Examine the credit policy adopted by Ghana Water Company Limited to collect account receivables from customers. Examine customers awareness of the credit policy and the constraints in abiding by this policy? To identify problems/constraint associated with account receivable collection by GWCL To identify constraints associated with GWCL account receivable payment by customers Establish whether there is a relationship between GWCLs credit policy management and its debt collection performance. 1.5 Significance of the Study The study seeks to bring out the problems involved in the huge debtors figure in the financial statement of GWCL and other utility companies as they sell mostly on credit bases. It would also provide a framework with which the management of the organizations or companies can or may examine the prudence ways of managing their account receivables. The purpose of this study therefore is to investigate the underlying factors that have militated against the ability of GWCL to discharge or deliver on its responsibilities. It is the expectation of this research study to identify the factors responsible for this state of affairs and to propose appropriate means to address these in the affected region. The findings of this research may as well form a basis for further research into the management of accounts receivable and positive steps will be taken to improve this situation. 1.6 The Scope of the Study This study is limited to the management of account receivable but not the management of working capital in totality. The intention was to concentrate on debtors management which has been a source of worry to GWCL and most of the utility industries. GWCL was selected among most of the utility industries and the location of Kumasi due to the companys interest in this topic and the accessibility of information by the researcher. 1.7 Limitations of the Study The study took GWCL, Kumasi as a single entity and selection of few of its customers (debtors) and staff for this research. The selection does not cover all the GWCL customers in Kumasi who are in arrears or indebted to the company. Again, since Kumasi was specifically selected for these studies, the diversity of billing and customer indebtedness challenges, in other parts of the country of Ghana were not wholly covered. The study is also limited by the fact that, due to administrative secrecy, certain vital information was not released to the researcher. Nevertheless, the study as much as possible provides a fair view of the topic under consideration. 1.8 Organization of the Study The study is organized into five main chapters. Chapter one introduces the study which concerns itself with the background of the study, statement of the problem, objectives of the study, research questions, significance of the study and the limitation of the study. Chapter two examines existing literature and the reviews of related literature work on accounts receivable. There is also an empirical evidence of related research work. Chapter three presents the methodology used in gathering both primary and secondary data with a detailed account of how the research will be conducted. The background of the study area, the study type, the study design, study variables, sample size and sampling technique method, data collection method, data analysis method and the ethical consideration are all involved. Chapter four contains the analysis of data, interpretation of the findings. Chapter five summarizes, concludes and offer recommendation for further study.

Why Is College Students More Likely to Seek Help For Depression?

<h1>Why Is College Students More Likely to Seek Help For Depression?</h1><p>Why is it that undergrads are bound to look for help for their downturn issues? For one, they're setting aside the effort to participate in an instructive process.</p><p></p><p>It's actual that most undergrads pick an alternate way from their companions. They may proceed to seek after a vocation in a non-customary field, however by and large, they decide to return to class to seek after a profession in technical studies or arts.</p><p></p><p>There are generally such huge numbers of variables that become possibly the most important factor in the lives of understudies. They may be reading for a test or they may be endeavoring to finish coursework for their single guy's degree.</p><p></p><p>College understudies are likewise in a better place mentally than the normal individual. They have much increasingly passionate and phy sical strain. In this manner, an example exposition on the subject of sorrow probably won't be completely correct.</p><p></p><p>There are numerous universities out there that do exclude gloom as a subject. It is hard for an understudy to get some information about a specific emotional wellness issue when he is worried about the possibility that that the teacher won't favor it. This is particularly obvious in the event that he is feeling the squeeze to pass a troublesome final.</p><p></p><p>Other schools have begun organizing emotional wellness concentrates as a component of their confirmations prerequisites for significant distance training universities. This implies universities would see an example paper on discouragement as well as a comparing school explicit exposition on the topic.</p><p></p><p>If you're wondering why understudies are bound to look for help for their downturn issues, you might need to compo se an example article regarding the matter. Composing a significant exposition for understudies, who feel just as they don't have the scholarly ability to do as such, can be an enormous help.</p>

Heres What I Know About Write My Essay for Me

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Essay Writing Samples - How Do I Choose The Right Sample

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Essay on How a Story Addresses a Topic - Ways to Make Your Essay More Interesting

Essay on How a Story Addresses a Topic - Ways to Make Your Essay More InterestingWhat's the first thing a student looks for when he or she is doing an essay on how a story addresses a topic? There are so many. If you want your student to succeed in your class, you have to make sure that your essay addresses the issue that you teach. One of the ways to do this is to write an essay that addresses the topic as well as being interesting and engaging.There are so many ways to be engaging and interesting, but one of the best is to use an example. But it is not easy to be successful using examples. How do you write an essay on how a story addresses a topic that also uses an example?In order to successfully address a specific example in your essay, you must know what the example is. For example, what would a business owner in a bookstore think about giving their customers an advance copy of a new book? Is it because it will help them to be informed and educate themselves? Or is it because it will create excitement in the minds of the customers? Because you are an essay on how a story addresses a topic, you will need to choose what to give them.Another example is what happens in a story about a woman who is into ballet. If a student wrote an essay on how a story addresses a topic about ballet, they could choose to give the reader an experience as to what ballet classes are like. They could do this by writing an essay about ballet teacher Carol, who has taught students how to feel confident while dancing.There are many ways to write an essay on how a story addresses a topic. All you have to do is use your imagination and put yourself in the shoes of the audience. Once you are able to figure out what they would be thinking or feeling if they were a person in your situation, you will be able to write an essay that is relevant to the topic.An essay on how a story addresses a topic is not complete without an example. It is a way to get the student thinking about the specific situation the essay addresses. They might come up with something that they could not have thought of on their own. This is part of the reason why examples are so important to an essay on how a story addresses a topic.An essay on how a story addresses a topic can be made more interesting by making the topic itself interesting. You could write an essay on a theme that relates to your topic. Do this by choosing something that relates to the story that you are teaching.For example, if you were teaching a story about a guy named Mr. X who works at the office. He is always doing some kind of damage to the office furniture, which makes the employees uncomfortable. The employees would think of this as Mr. X doing a job that is very annoying.

Explanatory Essay Samples - the Conspiracy

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Interesting College Essay Examples

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Easy Topics to Write a Proposal Essay About

<h1>Easy Topics to Write a Proposal Essay About</h1><p>It's anything but difficult to push yourself into difficulty in case you're new to the universe of composing proposition papers in light of the fact that there are such a large number of simple points to compose a proposition article about. It very well may be baffling when you don't have any thoughts whatsoever on the grounds that there are such a large number of points to pick from.</p><p></p><p>A pleasant approach to begin is to limit your decisions down and consider the subject you have right now. Fortunately you don't need to handle the hard topic; truth be told, you don't need to expound on something, simply give some data on the topic.</p><p></p><p>A incredible first subject to compose a proposition article about would be a football match-up, in light of the fact that you will have the option to give a football center for the paper. Simply remember this may not be the best decision for everybody; you could take a stab at something different. For instance, a most loved leisure activity of yours could be an elective point, or in any event, something that you've done in the past.</p><p></p><p>For model, an understudy credit. Perhaps in the event that you worked in a market or something comparable, you could talk about the advantages of an occupation at a supermarket when all is said in done. There are such a significant number of themes to browse, so pick one that will work for you!</p><p></p><p>In truth, there are not very many hard subjects to compose a proposition exposition about; possibly the point you most need to expound on is your preferred famous actor. You can utilize your preferred big's name as an approach to delineate the positive parts of utilizing a superstar name as your last name. At that point incorporate a passage of complimenting data about the big name you have picked as your topic.</p><p></p><p>So once you discover the subject you need to expound on, you need to choose what kind of data you're going to place in the article. That is the critical step, on the grounds that there are such huge numbers of various kinds of exposition subjects, however you can generally look for an online asset to support you. In the wake of picking a theme, you should concentrate on an arrangement to compose it, regardless of whether you have a cutoff time, or whether you need to compose on a specific point indefinitely.</p><p></p><p>Once you choose what to expound on, at that point you'll simply need to conceptualize a ton, and compose the article so as to compose a proposition paper about that subject. It's basic, and you can complete it in a couple days.</p>

The Good, the Bad and English Essay Samples Pdf

<h1> The Good, the Bad and English Essay Samples Pdf </h1> <h2>English Essay Samples Pdf Help! </h2> <p>On the other hand, the attack of English isn't deprived of disadvantages. Also, English is easier to learn than each other language. English is a somewhat viable language since it's demonstrated by the local and non-local speakers all around the globe. Break these into two or three sentences.</p> <p>Grammar Book is a phenomenal asset for rehearsing reasonable sentence structure and spelling. You should give thoughts as it so happens, in any case, which implies that your understudies don't wind up completely overpowered. In like manner, in order to get a high evaluation for the paper, the understudy ought to observe the entirety of the arranging rules and standards. Up and coming undergrads may likewise be mentioned to create a school paper for a part of their first necessities. </p> <p>Just open our English exposition model and find out what's written in a paper and how it is composed. At the point when you form the exposition, you need to pick a solitary side to focus on. At the point when the article itself should comprise of 3 sections, it's attractive to make a blueprint for all of them. You don't need to stress since we're here to help you recorded as a hard copy a scholarly article. </p> <p>The length of your paper isn't what colleges scan for. There's few articles finished by them. You have to see how to create a powerful exposition as it is an average establishment for an understudy's evaluation. An understudies should mean to give a token of the key kinds of the paper. </p> <p>Such test articles can be extremely useful, in light of the fact that they can give a total image of what a fine paper is. So as to concoct own style you may use English exposition tests that you can run over on the web. Just take a look at our totally free article tests and you'll discover that we aren't misrepresenting. English exposition tests should be altogether broke down and comprehended for the young understudy before attempting to form his perfect work of art. </p> <p>Looking at IELTS exposition subjects with answers is an immense way to help you to prepare for the test. Understudies will be ready to add them to their own jargon records, and even find how the words are utilized in various recordings. English paper position is critical, so you have to hold fast to a particular structure. Designing of an English language exposition is only one of the fundamental components of the paper achievement. </p> <p>Hopefully, you could discover two or three hints that you accept can assist you with improving your article composing capacities. Your school article ought to contain data that are identified with the guidance gave to you. Before you initiate composing your school paper, you may decide to see the article examplesA that we've recorded for you, with the goal that you may have more thought on what things to place in the school exposition which you will make. Because you've just composed a school exposition for a solitary college doesn't imply that it might likewise apply on your next applications. </p> <p>Introduction paper passages are focal in any piece of composing for the explanation they give perusers advance insights regarding the substance and the capacity of the material. Continuously remember, any article have three particular pieces. Composing a paper is an imperative job in academe life. The factious paper has a specific arrangement that must be followed to knock the socks off of the peruser, and it's particularly useful for understudies notwithstanding the corporate when making key proposition. </p> <p>Your passages don't associate each other's importance together with the entire idea of your exposition may be vast. Prior to sitting to create an exposition, it is proposed to examine the clear layout format for reference with the goal that you will get a thought of what activities and what not to. A significant point to shoulder at the top of the priority list is to make a point to don't have a thing in the article that is not identified with your theme. The primary concern to be careful about in close to home spellbinding paper is that there shouldn't be any over-distortion. </p> <p>In such conditions, in spite of the fact that the presence of a few normalized English's could make disarray, an enormous comprehension of an all inclusive Standard English is significant. Frequently viewed as an achievement on the way to human advancement', what's more, it had a significant influence in the development of Modern English. To create the best utilization of web realiz ing English is required. As you are learning English, you really have an advantage. </p>

App PhD in Strategy Game Design

App PhD in Strategy Game DesignAn App Essay sample, an App PhD in Strategy Game Design which is common App Essay game results may not seem the same from one game to another. Many people make the mistake of thinking that all App PhD game design games will be identical in terms of their rules and techniques.But the differences are many and significant. There are differences between a game which is common on the Internet and one which is considered to be App PhD in Strategy Game Design.The terms used for each type of game can vary quite a bit as well. The game is generally considered to be a turn-based strategy game.Strategy is the way in which the player's goal or objective is achieved. With each level, the player gets to explore the game in more detail.The particular game which is considered to be App PhD in Strategy Game Design is not limited to the world of strategic games. There are game results which involve other areas such as side scrolling and adventure games.One problem with t he common game format is that there are several different levels in the same game. To play the game properly, a player must have had enough experience with a certain type of game before proceeding.It is advisable to familiarize yourself with the strategies that are required to succeed in the game before playing it. With experience, it will be easier to win a level.A major drawback of random chance is that there is no guarantee that you will get into the next level. On the other hand, a player has a fair bit of control over the outcomes of the game.

Research Papers For Sale Online - How to Find One For Your Schooling Needs

<h1>Research Papers For Sale Online - How to Find One For Your Schooling Needs</h1><p>Research papers available to be purchased online are accessible at the most phenomenal cost you will discover. You must leave the solaces of your home and in truth your extra time will be exceptionally restricted as you will be chipping away at the paper. There are numerous advantages to this as it permits you to accomplish your work time permitting, and afterward leave, and return when you have wrapped up. Additionally, with a free membership you have the choice of requesting additional papers the same number of times as you like.</p><p></p><p>If you are keen on reading on the web for a broad timeframe, at that point you have to have a decent measure of study material for which you can use just as grapple with, as they would not be accessible to you as normally as you might want them to be. On the off chance that you are sufficiently fortunate to have a PC at home, or even grinding away, at that point you can print out your own examination papers available to be purchased on the web and keep them at home or work for an all-inclusive timeframe. For the individuals who need to work outside of their home then this is another bit of leeway to them. There is no compelling reason to go to your work environment to return to study and come back to work, but instead to return home to study, and afterward back to work again.</p><p></p><p>Also, on the off chance that you are an understudy on the web, it is substantially more moderate than returning to your home and putting on extra education costs, just as the typical cost for basic items in your old neighborhood. In the event that you have just contributed on your education costs, at that point you can put the cash you get from offering the papers to help take care of the sum you have spent up until now. At that point, after you move on from school or college, you won't experience to experience the difficulty of returning to work, finding somewhere else to live, and afterward, return from work again to complete your studies.</p><p></p><p>When you search for explore papers available to be purchased on the web, there are numerous that you will have the option to look over. It is dependent upon you to look at them and furthermore choose which ones to buy. A portion of these papers can be bought through the web. In the event that you would prefer not to experience the entirety of the difficult work of getting them from your college, at that point you ought to go with the free way and make your buy directly before the computer.</p><p></p><p>There are likewise numerous online schools that offer research papers available to be purchased online too. These schools do offer the free choice also, and it will rely upon your very own decision and budgetary circumstance, yet there are numerous that offer this optio n.</p><p></p><p>As you are buying the examination papers available to be purchased on the web, you can look at the expense at a specific school or organization too, via scanning for a specific kind of article. This will give you a smart thought of the best costs that are accessible for the kind of materials you are looking for.</p><p></p><p>When you are searching for examine papers available to be purchased on the web, you should be certain that you are getting an item that suits your requirements just as your spending plan. In the event that you are in school and don't have any money related methods, at that point this may not be the best choice for you, however on the off chance that you are utilized and have a vocation that permits you to head out to and from work, at that point it might be the best alternative for you. The decision is yours, however simply ensure that you have settled on the choice for your particular needs.</p& gt;<p>Research Papers For Sale Online - Finding a Good Price For Your Work</p>

How to Format Your Issues Essay for Google Drive

<h1>How to Format Your Issues Essay for Google Drive</h1><p>When I previously began on Google Drive, I was amped up for my better approach to store my undertakings. In any case, I immediately found that there were similarly the same number of sorts of points to look over as there were issues to handle, and the way that Google Drive managed this was by making extremely constrained exposition tests for each issue.</p><p></p><p>Now I wouldn't fret the restricted examples, yet they were exceptionally fundamental, and it made it hard to truly think about various kinds of articles on various issues. At the point when I set out to compose my next exposition, I calculated that I'd essentially do a comparative thing with the entirety of the papers that Google Drive created for me. Rather, I thought of my very own arrangement of guidelines.</p><p></p><p>Before I could begin to compose any expositions on Google Drive, I expected to make my library. I calculated this was where I'd store the entirety of my short papers. In any case, for reasons unknown, you can really compose a boundless number of records. I was shocked by this, and since it's an incredible method to compose your papers, I chose to become acclimated to it.</p><p></p><p>Now, when I'm in the library, I scan for the sort of theme that I'm going to use for my article tests. Since I just have around a hundred issues to utilize, I calculated that I would pick some great points. To support me, I downloaded a portion of the past issue related books. These books make extraordinary foundation material, and I found that they worked admirably of helping me pick subjects that I know something about.</p><p></p><p>So the subsequent stage is to take these sorts of papers, and begin keeping in touch with them for Google Drive. I felt free to transfer the entirety of my articles that I had composed previously, an d I additionally got a couple of books on my rundown that I'd just perused that I could use for references.</p><p></p><p>The first time that I handled a wide assortment of points, I was overwhelmed. These papers set aside me a long effort to assemble, and once I began, I was so eager to impart them to everybody. In any case, I immediately understood that the article tests were somewhat less energizing when I was keeping in touch with them just because. Truth be told, I found that I wasn't even ready to see the models that were related with the paper that I was writing.</p><p></p><p>So I included a few classifications in Google Drive to permit me to aggregate various subjects into gatherings of related expositions. Subsequently, I found that I could review the issue just as the arrangement without going to and fro between two diverse pages.</p><p></p><p>In request to keep imparting my undertakings to the world, I expected to make a simpler method to introduce them to Google Drive. Since there are a huge number of subjects, I realized that there was no chance that I could transfer every one of them. Luckily, my exploration in the previous hardly any months drove me to discover an answer that I was cheerful with.</p>

Sample College Essay That Starts a New Club

Sample College Essay That Starts a New ClubDo you have questions about sample college essays that start a new club? Perhaps you are a member of a new college organization. You want to know how to write an essay that shows your originality. The first step is to learn about how to research your topic and write in a way that makes you unique.Most people like to write essays. They have so many reasons. Some people like to share their feelings or thoughts with others. Others like to educate others on a subject that interests them.One way to show your thinking process and analysis is to write a detailed essay on your subject. Since most topics are not very complex, your written works are likely to be a lot shorter than if you choose a complex topic. You will also be more likely to put your research to good use.When you are faced with a topic, you first need to figure out what needs to be learned. You may feel that you have everything that you need to write the essay, but that is usually no t the case. To make sure that you have all the knowledge needed to write the essay, you need to gather additional information before you start writing.For example, you may want to join a new club for seniors. In order to tell everyone what your new club is about, you will need to write about it in your essay. There are many things that you can do to help you write a short essay that is interesting and entertaining.When you start writing about a new club, first learn more about the topic. You may want to go online and check the Internet for related materials. You may also want to visit the library and check out books and magazines on the topic. Take notes during your research as you read them. As you continue reading, you will be able to add information to your essay that can help to bring it up to date.Once you know what the topic is about, begin writing. If your topic is about a club for adults, you can begin with a personal story. You can introduce yourself, as well as any other p eople that you know who are involved in the club. You may even want to include photographs of the club members as well. This can help to give you great details that can be included in your essay.Beginning with a personal story can help you get started quickly. You don't have to read any books or watch any videos. Just tell a little bit about yourself and then give your opinion. You don't have to spend a lot of time on each sentence. Writing is easy when you have something to write about.

What Is a Cause and Effect Essay Topic About Animals?

What Is a Cause and Effect Essay Topic About Animals?Writing an essay on causes and effects of animals' natural behaviour can be a very interesting task. It is not a totally new idea but one that are in vogue nowadays. You can cite your own observations, research or even perhaps come up with a theory and then examine the repercussions if it were to be tested or established. When you have figured out the various variables, you need to conclude and analyze your conclusions, including things like, 'Is the theory correct and can it work as an experiment to help prove or disprove the theory?'There are different reasons for writing such a topic, but to give you an idea, here are some of the factors that are typically taken into consideration. One of the first, and perhaps the most popular are the animal protection movement. There are many reasons for this such as making the argument that animals are entitled to their own lives and should not suffer the same as human beings do.Some would ar gue that the animal rights movement is a natural outgrowth of the struggle for animal rights, which was ignited by Cecil the lion in the famous African safari. Or there may be more personal reasons, such as a loved one who has lost a companion or pet because of the cruelty of people.Whatever the reason for doing the topic, it is a relatively easy topic, and not necessarily even an unusual one at that. But there are several aspects of the topic that make it quite unique.First, when you mention a certain condition or trait that a specific animal might have, you need to provide evidence. The only means to accomplish this is to draw comparisons between that particular type of animal and humans. When you do so, you may consider doing so in terms of genetically. For example, if we were to use a test to determine how similar, certain groups of animals are to humans, you would want to drawas close a likeness as possible.Another factor to keep in mind is your author statement. This is your s tatement of intent, where you state why you chose to write on the topic. If you have a personal history of animal suffering or human exploitation, it may be important to also include this in your essay, just in case it helps you connect with the theme you have chosen to explore.When you learn how to write essays on causes and effects of animals' natural behaviour, you can start writing on such topics right away. But when you consider what you will say next, you will realize that you must begin a fresh topic.

Two Other Philosophers, John Locke, And George Berkeley

Two other philosophers, John Locke, and George Berkeley have shown similar theories to the discussion from the ideas presented by Plato. Unlike Plato who argues that we cannot determine what is true or real based on experience, Locke argues that all knowledge which we use to determine what is true or real comes from experience. And similar to Plato, Berkeley argues that only our ideas are the only thing that is real. Locke also argues in his essay that knowledge is not something people are born with. Locke differs from Plato, because Plato believes we do not know the true or ideal state of something. This is so because on Earth the physical realm, we only experience â€Å"shadows†, or reflections of the perfect ideal objects we have in our†¦show more content†¦Locke’s second point in his argument is that knowledge comes from the senses and how we perceive the world. This means that all the knowledge society has acquired comes from the observations and reasonin g people have made based on their perceptions. In his essay, Locke presents the idea of two fountains of knowledge. These fountains of knowledge is where all the ideas that we can have have come from. The first fountain of knowledge is sensation, which involves all the five senses of the human body. It is because of sensation we have ideas such as hot, the color orange, sweet, and bright. The second fountain of knowledge is experience, which helps explain the things we perceive from the first sense, such as reasoning, thinking, and knowing. Locke then separates experience into two categories, primary and secondary qualities. Primary qualities are qualities that an object can have without us needing to sense it such as size of an object or the way it is moving. An object will already have these qualities regardless if a person recognizes them or not. Secondary qualities are the â€Å"other† qualities such as color, or the sound an object makes when it hits the floor. These o ur qualities that exist in our mind, not qualities that an object has already on its own. A great example is wine. When it comes to wine many people have different experiences on how a wine tastes. Imagine one bottle of wine that is sampled by two differentShow MoreRelatedLocke’s Qualities vs. Berkeley’s Idealism754 Words   |  4 Pagesfall of Rome and the rise of the dark years, three major events had occurred. The first began with the scientific revolution, where many philosophers were becoming scientist, such as the philosopher of science Francis Bacon. The next event was the resurgence of skepticism, where one questions everything until they discover the truth. For instance, the philosopher famous for saying the phrase â€Å"Cogito, ergo sum,† (translated as I think, therefore I am) was the skeptic Rene Descartes, who came up withRead MoreThe Spread Of Empiricism By Isaac Newton1067 Words   |  5 Pagesthe belief that knowledge acquired through sense exp erience is the only true meaningful knowledge. This idea began in Britain and spread all the way to Scotland and even Ireland. Philosophers such as David Hume developed radical ideas supporting these beliefs. Descartes theory regarding clockwork universe inspired others to further investigate the countless mysteries in nature. By 1687, Isaac Newton developed his Principia Mathematica, which astounded the scientific community. Newton was successfulRead MoreAnalysis Of George Berkeley s Dialogues980 Words   |  4 PagesChristopher Podlaski In George Berkeley’s Dialogues, he presents and subsequently dismantles several of his predecessors’ ideas through the use of two characters, Hylas and Philonous. His main goal in this project is to refute the flawed concept of reality that something â€Å"unperceived and unperceiving could exist† (Atherton). However, in attempting to argue for this, particularly when arguing against John Locke’s distinction between primary and secondary qualities, he sets his opposition up asRead MoreAnalysis Of George Berkeley s The Tree Essay1563 Words   |  7 PagesGeorge Berkeley is a religious empiricist who champions himself, as other empiricists often do, as a philosopher who appeals to a common sense understanding of the world. Yet at times, Berkeley strays from what is considered to be true by the common people. The most trouble arises in this way as Berkeley discusses his view on what he calls â€Å"sensible objects†. A representation (indirect) real ist, such as Berkeley believes John Locke to be, would argue that someone looking at a tree only perceivesRead MoreDifferences Between Hylas And Philonous1191 Words   |  5 Pagesthe concept of philosophy itself. Dating back to thinkers such as Aristotle, carrying on throughout the medieval period and into modern philosophy, abstracts have always been grappled with. George Berkeley’s epistemology about abstract ideas has historically been one that has drawn the attention of many other scholars and philosophical thinkers. His thoughts on ideas, specifically his expansion of Locke’s general abstract ideas, are still argued to this very day. His critique of Locke’s view of abstractRead MorePhi 2010 Essay712 Words   |  3 PagesPHI 2010 1) Compare and contrast the views of Dualism, Materialism, and Idealism. Dualism is defined as the view that hold what exist is either physical or mental. (pg.98). Also dubbed the â€Å"two-realms view† by Plato, identifies some things as having both components, it is the most accepted idea since most believe that there has to be a mental connection with physical items. Materialism is the view that only the physical exist (pg.98). There is no connection mentally to the physicalRead MoreJohn Locke and Metaphysics Essay example575 Words   |  3 PagesJohn Locke was an English philosopher who was one of the most influential of Enlightenment thinkers. Locke starts with the questioning of Descartess philosophy of Cogito Ergo Sum. Locke had empiricist beliefs, which discount the concept of innate ideas and promote the role of sensory perception and experiences in humans. Locke drew inspiration from Ockhams Razor to explain knowledge stating that everyone begins with a tabula rasa meaning a blank slate. The blank slate argument says thoughts areRead More John Lockes Essay Concerning Human Understanding1405 Words   |  6 PagesJohn Lockes Essay Concerning Human Understanding In John Lockes Essay Concerning Human Understanding, he makes a distinction between the sorts of ideas we can conceive of in the perception of objects. Locke separates these perceptions into primary and secondary qualities. Regardless of any criticism of such a distinction, it is a necessary one in that, without it, perception would be a haphazard affair. To illustrate this, an examination of Lockes definition of primary and secondaryRead MoreEssay about Discuss How Psychology Developed as a Scientific Discipline1127 Words   |  5 PagesDescartes; a French philosopher and mathematician. Descartes was most influential in his recognition of the body and mind being two separate entities. Descartes differed from other philosophers in his proposal of dualism as he recognised that there is interaction between mind and matter, which was key in the development of psychology as a science as it lead to two principles in psychology: introspectionism and behaviourism. Whilst Descartes emphasised rationalism, John Locke believed empiricismRead MoreStructuralism : Social Science And Humanities1073 Words   |  5 Pagesa properly philosophical movement and that’s the boundary it should reside in. In a sense I agree there is no need for other psychologist to make their own critics from something that was taking from a philosopher’s point of view, however analyzing and creating theories are acceptable. â€Å"First of all, structuralism situates itself in a general way within an orientation that Georges Canguilhem used to characterize with a formula, almost a slogan, that he claimed to have found in the work of Leon Brunschvicg:

Market Opportunity Analysis for New Product-Samples for Students

Question: Undertake a market opportunity analysis for a new product. You will present the market opportunity analysis as a portfolio. Answer: Description of the new product The product launched by FitOn is a smart watch that can help people to identify the vital signs and check the health of the people in a proper manner. The product can also act as a watch as people can count the rate of heartbeat and understand the level of fitness that they possess. A chart regarding the blood oxygen saturation level (Spo2) is also provided that can help in determining the level at which the blood oxygen level of the individual exists. The Heart Rate Variability (HRV) can also be determined with the help of this product. Apart from this, the watch is also waterproof meaning that people indulged in swimming exercises can wear the watch and determine the vital signs and rate of respiration while swimming. This product can be beneficial for sports person or people indulged in regular exercises in order to determine the health and stamina of the people (Kickstarter.com, 2017). However, in order to launch the product in the Australian market, it is necessary to analyse the market of Australia. The analysis includes the business trends, needs of the customers, competitors and other factors that help in determining and influencing the purchasing power of customers. Huang, Tzeng Ong (2017) stated that in order to determine the business trends it is necessary to identify certain factors that play an effective role in business. These include: Demographic: The demographic factor of a country includes the population, age, gender, level of education, income level, religion and family size. In the case of Australia, the size of the population that can afford or need to purchase these watch is low. This is because Australia is not a densely populated country. Economic: According to Solomon (2014), the economic condition of the country can fluctuate owing to the rise and fall of the value of dollars. Hence, this can be a huge factor for managers as the price of the product need to be determined based on the economic condition of the country. Natural: The natural environment determines the level of pollution in the country. In Sydney, the level of Ultra-Violet rays from the sun is high leading to the occurrence of skin diseases among the people. Hence, this factor needs to be considered before the launch in order to determine the effectiveness of the product. Technological: As stated by Dibb (2017) technology is an essential factor in the modern business environment. Every customer uses technology in order to continue his or her daily work. Thus, the technological impact on the country is high as Australia is a highly developed country. Political: The political factor of Australia allows business to continue as long as it does not affect the environment in a negative manner. In the case of the watch, it can be said that the environment of the country cannot be polluted as the product watch is used for helping people determine the health (Baker Saren, 2016). Cultural: The cultural factor of Australia consists of both high and low cultural groups of people. However, among the cultural groups, sub-cultures can be formed consisting of people interested in sports and exercises. Having analysed the business trends it can be said that the customer needs are also an essential factor that needs to be analysed. The determining factors that are to be analysed include suppliers, customers and competitors. Suppliers: The suppliers of the product need to be considered before purchasing the product. The place and the price offered by the suppliers affect the supply of the product. This is because customers may find the cost of the product to be more from one supplier than others provide. Hence, it is necessary for the managers of the company to determine the suppliers before launching the product in the market. Customers: Armstrong et al., (2015) stated that it is important to identify the target customers to whom the products can be sold. This is important as it can help the managers to determine the type of product that needs to be manufactured and the cost of it. In the case of the smart watch launched by FitOn, the target customers for the company are the people involved in sports and indulging in exercises. Competitors: One of the biggest competitors that this company may face is from Apple. This is because Apple has launched a smart watch using which people can connect to the internet, listen to music and use it as a phone (Armstrong et al., 2014). This multipurpose smart watch can be a huge demand in the recent market. However, a competitive edge can be gained as the product launched by FitOn is water resistant and helps in maintaining the health of the people. Thus, based on the analysis of external environment that may affect the product, an analysis of the internal environment can be conducted. Conducting a SWOT analysis In order to identify the internal analysis of the company, determining the strengths and weakness of FitOn and the smart watch is necessary. On the other hand, the opportunities and threats can be determined by the external analysis conducted in order to determine the market of Australia. Thus, a SWOT analysis can be conducted of the smart watch. Strengths Provides for a proper health check Prevents impact of water Possess the use of high-quality technology Weakness Costly Marketing of the product is less Target market is often non-responsive Opportunities Market growth Popularity of the product among sportspeople Non-interference of the Government Threats Competitors Economic condition Demography Table: SWOT Analysis (Source: Created by author) From the analysis it can be seen that FitOn smart watches have the ability to provide a proper health check of the people. The fact that it determines the essential health requirements of the people is an important strength of the product. Moreover, another advantage that the product provides is the fact that people indulged in swimming can use it. The water-resistant feature of the product can make it a huge success in the market. The high technology used for the product is another advantage of the product. Apart from measuring the health of the people, the product can also be used for internet and social activities. However, due to the cost of the product, most customers may be reluctant to purchase it due to the high costs of the product. The fact that the target market also does not respond to the market is another weakness that the smart watches face. However, after the analysis of the internal factors and the external factors the opportunities of the smart watch can be determined. By making changes to the price of the product, the smart watch may have a huge market. This can be possible because of the non-interfere of the Australian Government in terms of business. The popularity of the product among the sports people in Australia can help in the launch of the product in the international market, as Australia takes part in every major sporting event in the world. The threats of the product may come from the competitors and the fact that Australia has a lower population as compared to other countries in the world. This may hamper the growth of the product in the Australian market. Scope and concept of marketing According to Hollensen (2015), marketing is considered as an activity that can be considered as a process of creating, communicating and delivering services as per the needs and satisfaction of the customers. Over the years, marketing has evolved and in the present day marketing is one of the most important factors for the success of a company. In the case of the smart watch, the marketing of the product needs to be such that it determines the needs of the customers. In this regard, certain activities related to marketing can be considered in order to determine the evolution of marketing in the modern world. These activities include: Distribution: This symbolises the activity required for transferring the product from the company to the customers. This either can be done directly to the customers or may involve the help from the suppliers and intermediaries. Financing: According to Cross, Belich and Rudelius (2015), investments made in a product need to be considered before setting up the price. This can help in determining the price in a way so that the products can be launched in the market. Promotion: The promotion of the product is one of the important factors of marketing. Without proper promotion, companies cannot reach the target market and gain the popularity of the product. Market research: Huang and Sarigll (2014) stated that without proper market research, it could be difficult for companies to determine the target market. In the modern, this also helps to determine the level of threat expected from the competitors. Explaining marketing research techniques One of the main reasons for conducting marketing research is to identify the external factors that affect the business environment. These factors normally are the determining factors that influence the behaviour of the customers as well. In order to conduct a proper market research, it is necessary to implement certain techniques (Hanssens et al., 2014). These techniques may include in-depth interviews with the customers in order to understand the factors that affect the purchasing power. It may also include a customer survey that can determine precise responses owing to the tastes and preferences of the customers. Thus, these techniques can help in the proper interaction with the customers and determine the level of competition that can be faced by FitOn while trying to launch the new product. Differentiating marketing mix and extended marketing mix Marketing mix refers to a set of tools that are used by marketers to determine the marketing objective for a company (Khan, 2014). Initially, the elements of marketing mix consisted of product, price, place and promotion. However, with the advancement in the business market, the tool was extended to three more elements. These include people, process and physical evidence. Baker Saren (2016) stated that the reason for the expansion of the elements is that the extended version consists of elements that are equally important for determining the market strategy. The involvement of the people is essential to understand the process undertaken to manufacture a product. The physical evidence is required so that the customers can understand the quality of the product by feeling it instead of seeing it with the help of sight or referral. References Armstrong, G., Adam, S., Denize, S., Kotler, P. (2014).Principles of marketing. Pearson Australia. Armstrong, G., Kotler, P., Harker, M. Brennan, R., (2015).Marketing: an introduction. Pearson Education. Baker, M.J. Saren, M. eds., (2016).Marketing theory: a student text. Sage. Cross, J.C., Belich, T.J. Rudelius, W., (2015). How marketing managers use market segmentation: An exploratory study. InProceedings of the 1990 Academy of Marketing Science (AMS) Annual Conference(pp. 531-536). Springer, Cham. Dibb, S., (2017). Changing Times for Social Marketing Segmentation. InSegmentation in Social Marketing(pp. 41-59). Springer Singapore. Hanssens, D.M., Pauwels, K.H., Srinivasan, S., Vanhuele, M. Yildirim, G., (2014). Consumer attitude metrics for guiding marketing mix decisions.Marketing Science,33(4), 534-550. Hollensen, S., (2015).Marketing management: A relationship approach. Pearson Education. Huang, J.J., Tzeng, G.H. Ong, C.S., (2017). Marketing segmentation using support vector clustering.Expert systems with applications,32(2),.313-317. Huang, R. Sarigll, E., (2014). How brand awareness relates to market outcome, brand equity, and the marketing mix. InFashion Branding and Consumer Behaviors(pp. 113-132). Springer New York. Khan, M.T., (2014). The concept of'marketing mix'and its elements (a conceptual review paper).International journal of information, business and management,6(2), 95. Kickstarter.com (2017).FitOn: World's 1st Blood Oxygen Saturation Smart watch. [online] Available at: https://www.kickstarter.com/projects/567949755/fiton-worlds-1st-blood-oxygen-saturation-smartwatc?ref=popular [Accessed 17 Dec. 2017]. Solomon, M. R. (2014).Consumer behavior: Buying, having, and being(Vol. 10). Upper Saddle River, NJ: Prentice Hall.