Wednesday, December 25, 2019
Quocirca Insight Report Operations Management in UK...
QUOCIRCA INSIGHT REPORT November 2007 Contacts: Sharon Crawford Quocirca Ltd Tel +44 7989 243830 sharon/crawford@quocirca.com Operations Management in UK Financial Services How effectively is technology being applied to help to monitor and improve operations performance? The extremely competitive nature of the financial services industry today and the changing landscape of customer expectations and their approach to investing in financial products, puts an onus on suppliers to consider how well they are dealing with new and existing customers’ business transactions. Much is written about the frontline call centre operations, but this report focuses on the back office activities, the operational area where complex applications†¦show more content†¦There is potential to improve further by using systems that allow real-time visibility of the progress of dealing with customers’ business. An independent study by Quocirca Ltd. www.quocirca.com Operations Management in Financial Services Page 2 Introduction Performance Management in the financial services industry is vital and well supported by the suites of Corporate Performance Management software that enable these companies to budget, plan and report in an accurate and timely fashion. Underpinning successful performance management is the need for predictable and controllable day to day operations management, both front and back office. Much has been written in the media about the use of tools to achieve this in call centres in businesses today. This report is based on research was carried out to investigate the extent to which software applications are used to monitor and measure the effectiveness of handling customer business – focusing on the back office operations and specifically addressing organisations in the UK. attempting to include some measurements of the costs of rework, (figure 2). Figure - 2 Do organisations attempt to quantify and measure business value of operational measures? 0% Reduced Costs Number of complaints Customer Response times Staff utilisation Staff satisfaction Re-work Detailed quantifiable measures
Tuesday, December 17, 2019
The Controversy Of The Confederate Flag Essay - 1478 Words
Thompson 1 Flag Desecration Matthew Thompson Ponce de Leon High School College Prep English Terri Carroll December 18, 2016 Thompson 1 Outline: Flag Desecration Thesis: The controversy of the showing of the confederate flag is something huge. I. Flag Background A. Desecration Labeled Misdemeanor B. Illegal Specifics C. Permit Burning II. State Codes A. Individual State Laws B. Elements of the Flag C. Supreme Court Validation III. Bylaw for Flags A. Broke Down Specifications B. Detailed Rules Thompson 2 The controversy of the showing of the confederate flag is something huge. You have the bunch that does not like the flag, and then there is the group of individuals the support and fly the flag with pride. There are five states that have laws, in their own state, that state it is illegal to burn or deface the confederate flag. On surface, these state laws would seem to conflict the 5-4 decision made by the Supreme Court in Texas v. Johnson. The controversial case in 1989 that held up the burning the flag as an act of protected free speech. (As it is stated under the First Amendment.) ?If there is a bedrock principle underlying the First Amendment, it is that the government may not prohibit the expression of an idea simply because society finds the idea itself offensive or disagreeable,? said Justice William Brennen in his majority opinion. ?We have not recognized an exception to thisShow MoreRelatedThe Confederate Flag And Its Controversy1335 Words  | 6 Pages In my paper I will be discussing the Confederate Flag and its controversy in history and in todays views. The Confederate flag has been a negative symbol in American society since the 1800’s. It has been only recently that the Confederate flag has been brought back to life as a contemporary issue. In recent times the flag has been used as a motivation for racial strikes and other rebellious acts bring the issues of the flag and the controversy behind it back to life. The major questions I seek toRead MoreThe Confederate Flag : Controversy Or Logical Solution?1717 Words  | 7 PagesThe Confederate Flag: Controversy or Logical Solution? The Confederate flag has been a topic of controversy in the United States for many years. It and other symbols of the Confederacy are parts of many state flags in the South and it is even flown at several state buildings throughout the South. To some the Confederate flag is a historical symbol and is believed to be a way of remembering the Civil War that almost tore the nation in two, but to others it represents fear and hatred due to its useRead MoreAlabama s Confederate Flag Controversy1089 Words  | 5 PagesAlabama’s Confederate Flag Controversy The outlining issue here is the Confederate Flag and its perception amongst the Alabama population. Debating on whether the flag should be taken down in respect to citizen who are offended because of its close relation to the history of slavery in America. The opposing side felt that it is a part of southern/the south’s history, pride and should be honored. Also, the opposing side feels that with other issues happening in the community; this debate is not somethingRead MoreThe Confederate Flag Controversy Of Police Brutality1574 Words  | 7 PagesIn modern times, the United States is bombarded with racism and discrimination. From the confederate flag controversy to police brutality, the United States is reflecting a morbid past. Events such as these are fueled by false understandings of race and ethnicity; leading to stereotypes. For the Irish, Jews, and Italians, stereotypes led to severe discrimination from opportunities and isolation from society. Stereotypes in the past had a significant impact on the Irish people. Stereotypes such asRead MoreThe Confederate Flag : A Negative Symbol Of American Society Since The 1800 S1316 Words  | 6 PagesThe Confederate flag has been a negative symbol in American society since the 1800’s. It has been only recently that the Confederate flag has been brought back to life as a contemporary issue. In recent times the flag has been used as a motivation for racial strikes and other rebellious acts bring the issues of the flag and the controversy behind it back to life. The major questions I seek to answer in this essay is why the controversy of the Confederate flag only been brought back up recently andRead MoreHistory Of The Confederate Flag1455 Words  | 6 PagesChase Jones History of the confederate flag In the past couple of year, there has been a controversial battle over the flying of the Confederate Flag on government buildings. The controversy has really started to stir up in the southern states such as South Carolina, Mississippi, and Georgia. On January 30, 2001, the state of Georgia changed its flag, removing the large Confederate battle cross from the 1956 design and replacing it with the state seal of Georgia. Now, the state of Mississippi isRead MoreThe Battle Of The Confederate Flag1106 Words  | 5 PagesThe Confederate flag remains to be a hot topic that is drawing a lot of controversy in the state of Mississippi. Some individuals feel that the flag has a right to be flying all over the state; while, others can see it removed completely. The purpose of this paper is to discuss in detail four important topics as follows: (1) the history of the Confederate flag, (2) the economic impact, (3) state agencies and municipalities’ stance and (4) the Legislative positi on concerning the issue. The flag originatedRead MoreThe Battle Of The Confederate Flag977 Words  | 4 PagesWhen I first came across the Negative Views assignment, I immediately thought of the Confederate Flag. It was an obvious choice considering all the attention and the controversy surrounding it in the past few weeks. For me personally, if I was asked six months ago what I thought about the Confederate flag, I would say I loosely associated it with the term â€Å"redneck.†I looked up the definition of â€Å"redneck†on Internet Slang and it said redneck means, â€Å"Unsophisticated rural person from Southeast USARead MoreThe Battle Of The Confederate Flag954 Words  | 4 PagesMany, in the new era, do not know the history behind the meaning of a true rebel. The definition of rebel has changed in America from patriot in the time of the American Revolutionary war to confederate in the Civil War and to redneck in today’s societal controversy concerni ng the image of the Confederate flag. The first definition of rebel originates from the term of patriot from the Revolutionary War. The definition of rebel in the colonies during the Revolutionary War time was a person who wasRead MoreThe Confederate Flag And Mississippi1531 Words  | 7 PagesThe Confederate Flag and Mississippi The Confederate flag remains to be a hot topic that is drawing a lot of controversy in the state of Mississippi. Some individuals feel that the flag has a right to be flown all over the state; while, others can see it removed completely. The purpose of this paper is to discuss in detail four important topics as follows: (1) the history of the Confederate flag, (2) the economic impact, (3) state agencies and municipalities’ stance and (4) the Legislative position
Monday, December 9, 2019
Lewis Corp 6
Lewis Corp 6-2 Essay 6-2 Lewis Corporation* Lewis Corporation had traditionally used the FIFO method of inventory valuation. You are given the information shown in exhibit 1 on transactions during the year affecting Lewisaâ‚ ¬Ã¢â€ž ¢s inventory account. (The purchases are in sequence during the year. The company uses a periodic inventory method). Exhibit 1 Inventory Transactions 2000-2002                                                   2000 Beginning Balance                                        1,840 Cartons @ $20. 0 Purchases                                          600 cartons @    20. 25                                          800 cartons @    21. 00                                          nbs p;                                                400 cartons @    21. 25                                          nbs p;                                                200 cartons @    21. 50                                          nbs p;                                                 Sales                                          nbs p;                                   2,820 cartons @   34. 0 2001 Beginning Balance                                          nbs p;              1,020 cartons Purchases                                          nbs p;                               700 cartons @ 21. 50                                          nbs p;                                                 700 cartons @ 21. 50                                          nbs p;                                                 700 cartons @ 22. 00                                          nbs p;                                              1,000 cartons @ 22. 5 Sales                                          nbs p;                                   3,080 cartons @ 35. 75 2002 Beginning Balance                                        nb sp;              1,040 cartons Purchases                                          nbs p;                           1,000 cartons @ 22. 50                                          nbs p;                                               700 cartons @ 22. 75                                          nbs p;                                               700 cartons @ 23. 0                                          nbs p;                                               700 cartons @ 23. 50 Sales                                          nbs p;                                   2,950 cartons @ 35. 75 Questions 1). Calculate the cost of goods sold and year-end inventory amounts for 2000, 2001, and 2002 using the (a) FIFO, (b) LIFO, and (c) average cost methods. 2). Lewis Corporation is considering switching from FIFO to LIFO to reduce its income tax expense. Assuming a corporate income tax rate of 40 percent, calculate the tax savings this would have made for 2000 to 2002. Would you recommend that Lewis make the change? 3). Dollar sales for 2003 are expected to drop by approximately 8 percent, as a recession in Lewisaâ‚ ¬Ã¢â€ž ¢s market is forecasted to continue at least through the first three quarters of the year. Total sales are forecasted to be 2,700 cartons. Lewis will be unable to raise its selling price from the 2002 level of $35. 75. However, costs are expected to increase to $24. 0 per carton for the whole year. Due to these cost/price pressures, the corporation wishes to lower its investment in inventory by holding only the essential inventory of 400 cartons at any time during the year. What is the effect of remaining on LIFO, assuming Lewis adopted LIFO in 2000? What method would you recommend now? 4). What is the LIFO reserve in 2000? What is the LIFO reserve in 2001? What is the significance of the LIFO reserve number? Ho w much did the LIFO reserve increase in 2001? What is the significance of this increase? 5). Despite continuing inflation in the United States in the 1980s and 1990s many companies continued to use FIFO for all or part of their inventories. Why do you believe this was the case. Read more: 6-2 Lewis Corporation* Lewis Corpora JustAnswer http://www. justanswer. com/questions/2ipt-6-2-lewis-corporation-lewis-corporation-had#ixzz0xJmcAyJy Accepted Answer 1a. COGS = 56,930, 66,240, and 66,385 respectively; YE inventory = 21,620, 23,130, and 27,720 resepctively. 1b. COGS = 58,150, 67,320, and 67,600 respectively; YE inventory = 20,400, 20,830, and 24,205 respectively. 1c. COGS = 57,685, 66,246, and 66,513 respectively; YE inventory = 20,865, 22,369, and 26,830 respectively. 2. Tax savings= 488 for 2000, 432 for 2001, and 486 for 2002. Changing to LIFO will defer taxes given the current expectations. 3. The effect of remaining on LIFO in this situation is that pre-tax income for 2003 will be higher by $1,915 and, therefore result in higher tax for thie year of $766. That still results in a net deferral from inception. 4. LIFO reserve in 2000 = $1,220. LIFO reserve in 2001= $2,300. The LIFO reserve is the cumulative deferred income due to using LIFO instead of FIFO. The LIFO reserve increased by $1,080 in 2001. This reflects the income deferral for 2001. 5. There are a couple of reasons that some companies did not switch to LIFO. There are additional costs involved in computing LIFO inventory and maintaining the records necessary to substantiate the calculations for the IRS. In addition, there is a LIFO conformity rule financial statements must reflect the same LIFO adjustments as the tax return. Because of that, switching to LIFO would cause the income reported on the financial statements to show a lower net income and many companies do not want to do that.
Monday, December 2, 2019
The Impact of Criticism on a Writer free essay sample
â€Å"Your choice of vocabulary is certainly verypeculiar.†â€Å"I’m not sure if these sentence structures help to truly communicate the point that you are trying to convey.†â€Å"Although your style of writing may have worked well for you in other classes, it just isn’t what I’m looking for in my assignments.†These comments, when standing alone, are not severely impactful to me. As a writer, you are bound to face criticism in some form or another. Even when you spend days, weeks, or, in some cases, months sitting in front of a screen and typing until it feels like your keyboard has become an actual part of you, there will always be someone who doesn’t appreciate what you put into your work. What made comments like these affect me one day, however, was the person from whom I was receiving them. These remarks, among numerous others that were similar to them, were given to me by an English teacher, a teacher of a subject at which I excelled throughout my entire life until that point. We will write a custom essay sample on The Impact of Criticism on a Writer or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Because she possessed the title that she did, her words regarding my writing felt like physical attacks against me, and they consumed my thoughts whenever I would begin to write again. My teacher gave her initial comments of this nature following my submission of my very first paper that I completed for her class. I had written that paper with the same rigor and determination as I did with all of my work prior to it, but she declared that its content and overall flow seemed noticeably unnatural and odd. At this time, although her words concerned me, I figured that, because my writing was received well by others in the past, I would soon be able to change this teacher’s feelings toward it. This attitude of mine prompted me to try harder than ever on the next paper that I wrote for her. I toiled in the making of it for hours on end, being as analytical as possible of every specific detail during the process. Nevertheless, all of the effort I put into it seemed to be meaningless when I received her feedback the second time. Despite the fact that I thought I had done better, she once again criticized nearly every aspect of my paper. This unfortunate series of e vents continued to occur throughout the course of the school year, and it caused me to feel greatly discouraged from ever pursuing a career related to writing. Toward the end of the school year, however, I eventually came to the realization that I simply could not allow my passion for writing to dull due to the comments of one individual. Being able to write well allows me to express myself in ways that I feel I cannot achieve in other forms of communication, and that is why this skill remained so valuable to me. I reminded myself that I had experienced success as a writer in the past and must, therefore, have the potential to see more success in the future, regardless of the words of my English teacher. In this situation, I needed to learn to see only the criticism itself rather than the person behind those statements, and I believe that my discovery aided in strengthening me as an overall writer. Although a part of me already knew this, this event also further proved to me that it is not the end of the world if one single person dislikes your work. Whether it be in relation to writing or any other skill, encountering criticism does not m ean that you are terrible at what you like to do. Despite the harsh comments of my former teacher, I have continued to attempt to write to the best of my ability, and I acknowledge that these very comments were a new source of motivation for me to embrace this important mindset.
Subscribe to:
Posts (Atom)