Financial Statement Analysis Research Paper Example | Topics and Well Written Essays - 3500 words

Financial Statement Analysis - Research Paper Example Being a government financed company, it was able to compete very strongly with du, since the telecom company used infrastructure which had been installed for a more than a decade .DU, however, under a powerful management has been able to overcome its competitor such that by the year 2011 du no longer felt the effect of the competitor due to its overwhelming growth. By the year 2011 the company was able to control more than 46% of the mobile industry. The following paper examines changes in the company performance through a financial analysis. The paper will analyze by a trend analysis from the year 2010 to the year 2011.From the analysis there are some major findings that have been gathered such as the company was able to increase its revenue by 25%- one of the largest growth in the MENA region. There was also very high market share of more than 46% by year 2011 (du, 2012). The liquidity and solvency ratios had gone up from the year 2010 to 2011; this showed that the companiesâ€℠¢ potential to pay short term debts had increased hence was able to run the business more smoothly. Other important findings shows an increase in companies net profit margin, gearing ratios and furthermore the company had been ranked the best in the social corporate responsibility, which is an evidence of companies improved performance. The following research is therefore very crucial to all investor who are willing to invest in profitable business. It is also beneficial to the company in order to understand areas of weakness, which need much attention in the coming years. Detailed information is based on the financial analysis covered in the paper. Introduction Emirates integrated telecommunication is a company in the telecommunication industry, which was formed and undertakes its operation in Dubai. The company, through its exclusive performance, became listed in the Dubai financial markets and was therefore authorized to trade under the name DU. The Company has become popular due to provision of the best product and services in the mobile industry such as the blackberry service and the low off peak rates for the international calls. The following report is intended to analyze the major aspects which has made du company grow in such a high rate, it will be based on the strength of the company and also the financial statement will be analyzed in order to predict the future performance of the business. The analysis can therefore be helpful to potential investors since all the important aspects will be covered. To date du company has shown a continuous growth and increase in value give that by the year 2011 they were able to serve d more than 46% of the UAE mobile market this is in accordance to the Telecommunications Regulatory Authority such performance can only be achieved by companies which have proper management and strategies and this is one of the strength of du company. The paper has been undertaken under several topic which will make it more elaborate and informative and these will include company profile, market position, company ownership, economic environment, financial position, financial analysis with reference to the industrial requirement, SWOT analysis and there after the conclusion. Company profile Emirates integrated Telecommunication Company, which is based in the EUA region was formed in the year 2007. The company was formed with the aim of providing telecommunication services. DU provided internet services and pay TV service on that particular year and in addition went further to provide the nationwide fixed telephone services by July 2007. By the fourth quarter of the year 2011 the company had acquired a total of 5.2 million mobile customers. The company is known for being the first introducers of the â€Å"

Skill Plan - Management Skills Assignment Example | Topics and Well Written Essays - 1000 words

Skill Plan - Management Skills - Assignment Example Nonetheless, I have understanding that these goals are highly achievable, though not without required level of skills and competencies. Moreover, in order to facilitate achievement of these objectives there is need to develop a plan that can facilitate acquisition of complementary skills. Therefore, this paper will focus on discussing an outline of five-year skills development plan that can assist in fulfillment of my vision for my career or professional life. 2. Skills and Competencies Required to Fulfill this Vision Some of the skills and competencies that are required in order to fulfill this vision are determined through realization and identification of objectives involved Furthermore, I should focus on creasing self-awareness, which will serve as a pertinent element in good management and leadership in the future. In this case, I have to spend significant amount of time in acquiring experience in the field of business and fashion design. Most significant way of acquiring requir ed competence concern developing of substantial foundation of knowledge by understanding of basics from my degree program. Therefore, this competence will facilitate increase of ability to cope with rapidly changing business environment. Conversely, I will consider increased need for integration of business and advanced technology in order to increase efficiency in decision-making. Apparently, I find it necessary to have increased competence in application of technology in order to form a basis of developing competitive advantage in my future business. On the other hand, in order to achieve set objectives, there is need to develop significant understanding of required interpersonal skills (Johnson, 1999). In this case, interpersonal skills will assist in with dealing business associates and employees in order to facilitate successes. In fact, I have understanding that interpersonal skills that I will require as a manager include effective communication, listening, non-verbal skills (Eunson, 2008). Besides, these skills have a significant contribution to management of business in order to facilitate its success. I will also seek to develop other interpersonal skills that will enable formation and management of teams and groups that can facilitate effective implementation of business strategies (Honey, 2001). Moreover, some of the other relevant skills that will require for succeed include; time management, setting of objectives, decision-making, conflict management and effective negotiating (Thompson, 2001). For instance, after acquiring these interpersonal skills, I will have ability to resolve conflicts that would occur within the organization or with other business partners (Bolton, 1998). In addition, negotiation skills can also assist sealing significant deal with business associated that will improve performance of my business (Thompson, 2001). 3. Evaluation of Proficiency in these other skills and competences at the present time, and summary of progress made on your nominated skill this semester My interpersonal skills and individual’s awareness are the starting points required for management and leadership in a team. In order to realize the effort made towards achievement of set objectives, there is need for an evaluation of proficiency concerning the skills and competencies now, thereby giving summary of progress. Now, I have realized the significance of ensuring that I am up to date with relevant information regarding my field of study. I have been

Three Events That Have Changed World History Essay Example for Free

Three Events That Have Changed World History Essay What three events, between 1500 and 1800, have changed the face of world history? Whenever we ask about historical change it is of primary importance that we first ask about the nature of history. What exactly do we mean by history? The preferred definition for the purpose of this essay comes from 20th century renowned historian, Marc Bloch; that is, that history essentially is the study of men in the past.[1]   Furthermore, that history is essentially a science of men and how their thoughts and actions affected the world around them. [2] Thus, when we address events that changed world history, we are not dealing with events per se, but the people behind the events. It is people who have changed history, and people who continue to do so this very day.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   I propose that two individuals and one body of people could be argued to have changed the world within this three-hundred year span. I propose that Martin Luther, John Calvin, and the Founding Fathers of the New World could be argued as having such significance by their respective actions. Their actions should not be seen as instantaneous or immediate. Rather, they should be viewed organically. The actions such individuals took did not change the whole world all at once, but were, in their magnitude, significant enough to affect subsequent generations in nearly all aspects of life- religious, political, social and philosophical. Martin Luther   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Martin Luther was born in Eisleben, Germany in 1483 and died in the same town in 1546. The son of a hard-working coal-miner, Luther grew up in a world of uncertainty. Late medieval Europe consisted of corruption, disease, pestilence, and tyranny. The life-expectancy for the average male was about 50 years-old and the black-death claimed hundreds of lives across the continent. Meanwhile, the Church, a place often sought for refuge, only showed itself to be abusive. Clergy-men were often guilty of cheating others for land-rights. Bishops and monks were often found to be in adulterous affairs. From Luther’s own account, he mentions: â€Å"So too the bishops, priests, and monks are not holy, Christian people, for they do not believe in Christ, nor do they lead a holy life, but are rather the wicked and shameful people of the devil.†[3] And, arguably one of the worst forms of abuse came in the form of indulgences- promises offered by the Pope for a certain fee to relinquish the sins of the buyer or upon another by request to escape divine punishment.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The abuse of indulgences would motivate Luther’s act of nailing 95 theses, or â€Å"arguments† upon the Castle Church door in Wittenberg. Roman clergy would travel throughout townships in Germany selling contracts to citizens known as â€Å"indulgences†. John Tetzel serves as one of the more well-known clergymen offering indulgences to people through charismatic and emotionally-driven speeches. When Luther learned that the Church was offering the forgiveness of sins at a price, regardless of how small or high, he was furious. He was prompted to act. It was the proper form of his day to bring ethical matters to public debate, hence the posting of the theses. But Luther had no expectation of the consequences that ensued from his posting of the theses. When the other people of Wittenberg became aware of Luther’s arguments they took it to the local print shop to make copies. Copies began to be distributed in droves and eventually Luther was esteemed as a sort of heroic rebel who challenged the Church’s authority.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In actuality, Luther’s 95 theses were not a challenge to the Roman Church, itself. Luther challenged the abuses of indulgences while claiming that forgiveness of sins and salvation should only be sought by sincere faith and repentance. But the popular-audience at the time saw Luther’s theses as a symbol of someone willing to stand-up to the tyrannical hierarchy of the Roman Church. The 95 theses would turn out to be a pulling of a thread later unraveling into the Reformation. And, this second Great Schism (the first being in 1054) would prove to change the face of civilization because the world would no longer be under the Church’s authority both in religious and secular life. [1] Marc Bloch, The Historian’s Craft. (New York: Vintage Books, 1953) pp.25-26 [2] Ibid. [3] Timothy Lull, ed., Martin Luther’s Basic Theological Writings. (Minneapolis: Fortress Press, 1989) p. 541

Wind - A Renewable Energy Source Essay example -- Alternative Energy R

Wind - A Renewable Energy Source Wind is called a renewable energy source because wind will continually be produced as long as the sun shines on the earth. The sun’s contribution to wind energy deals with converting air into heat or cool wind. Wind is produced by the irregular heating of the earth’s surface by the sun. On land, the warm air spreads and goes up in the sky, in the water, heavier and cooler air moves in to take the warm air’s place, thus providing local winds. This power source should be used more often in the United States for its safer standards regarding the environment and finance. To capture this wind, turbines are used to convert the renewable resource into electricity. The energy in motion or kinetic energy is then mechanically processed. Windmills are used in the United States amongst other countries in the world. They are used to heat water, refrigerate produce, dry crops, irrigate crops, heat buildings, and charge batteries for tractors on farms, etc. Most of today's windmills extract about 30 % of the wind's energy (www.earthsci.org). Windmills are just as efficient as coal; the difference between them is that air is less polluting than coal. Unfortunately there is no such thing as a 100 percent efficient power source. â€Å"For a completely efficient source of energy, the power plants have to run all day and all year without interruption† (www.eia.doe.gov). To do the fact that in order to convert electricity, windmills depend ...

What Family Family Means to Me

Abstract Family is important as it is also important to have a happy family. We might think at times what makes a happy family? Is there such a thing as a happy family? Or is it possible to have a happy family. Having a happy family as we all might know is not an easy task to do, but it is neither impossible. What we can do is search for element to guide us through a happy family. I understand that no one is perfect therefore; there is no perfect happy family. We will learn that a happy family is unique and different from other happy families since we are all different human beings.What Makes Up a Happy Family Is There Such A Thing? â€Å"All happy families are alike; each unhappy family is unhappy in its own way. † (Sokolik, 2010) There is a question that at some point in life a family member may ask themselves is there such a thing as a happy family, or what the elements are in order to have a happy family. Every family is happy in a unique way, there is no such a thing to b e a one hundred percent happy family with no problems what so ever. Every family has problems whether they are marriage problems or problems with their children.They also share sadness, happiness, love, freedom and many more emotions at the same time; otherwise it would not be a happy family. â€Å"In happy families, family comes before friends. The camp counselor understands something that parents don’t and that is that caring for kids also has to be fun. Give rules, but understand that kids need fun, too. When kids get bored and listless, they start looking for excitement out of the home and that is when friends become more important. Friendship is important but subordinate to family. (Mann, 2012) Therefore we should not let our children become bored of us and look for their friends. We must save the future conflicts and try to have the most possible fun with our children so they don’t get bored of us and enjoy being with us their parents, their family. References A gnes, M. (2003). Webster's New World Dictionary. New York : Pocket Books. Mann, D. (2012). Web MD. Retrieved April 2012, from WebMD, LLC: http://www. webmd. com/parenting/features/15-secrets-to-have-a-happy-family Sokolik, M. K. (2010). Sound Ideas. New York: McGraw-Hill.

The Development Of National Laws And Policies Addressing...

A social worker is a professional trained to promote the welfare of the community, and often works within it, by helping families or individuals. To achieve this, social workers have diverse and multifaceted duties that result in life changing decisions, especially for families and children. It is essential that their aid is provided to children of all backgrounds and nationalities, including migrant children. Although a complex professional protection system for children has been constructed and reformed over the years, migrant children are often overlooked in the development of national laws and policies addressing migration and child welfare. This absence of opportunity for safe immigrations leaves migrant children vulnerable to abuse and violence, especially when unaccompanied (Beckett, 2003). In addition to refugee children, adult refugees require extensive services from social workers, ranging from emotional support to legal guidance to ease their transition to a new country. Other forms of help a social worker can provide include aid for a single parent raising their child, and investigation of claims of abuse within a family. In order to decide what form of intervention and support methods to apply, social workers follow a systematic model of Social Work Intervention that acts as a general guide. (Coulshed and Orme, 1998) Firstly, when handling situations involving children, refugees, and especially refugee children, a social worker is responsible forShow MoreRelatedHas Globalization Change Culture and Societal Norms?3163 Words   |  13 Pagespeople across borders of nations, enabling transnational corporations and companies to trade and invest, to improve and sustain local and national economic growth (Giddens 2009). This essay will evaluate how globalisation and the rise of neo-liberalist political ideologies have resulted in changes to cultural and societal norms, impacting upon welfare and migration. 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This paper identifies social and political problems relating to asylum seekers and refugees. It examines the biblical teaching on a responsible Christian approach to asylum seekers

Psychoanalytic Perspective Of Kurtz s Heart Of Darkness

Hari Krishnan - Period 4 Post AP Literary Theory - Dr. Parchesky September 29th, 2017 Psychoanalytic perspective of Kurtz in Heart of Darkness The novel Heart of Darkness by Joseph Conrad reveals the uncanny similarities between the Europeans and the natives as well as demonstrates why imperialism is not â€Å"civilizing† the natives. Although Conrad often dehumanizes the natives, he still demonstrates that Europeans still are savage in some ways. Kurtz is an example of the savagery still remnant in European culture buried deep within us. Kurtz’s journey in the Congo can be seen as his pure primal expression of his id without restraint from his ego and superego. Kurtz’s transformation from a pillar of European ideals and civility to a greedy†¦show more content†¦His descent was mainly caused by the dehumanizing aspect of the Congo which the doctor implies by taking â€Å"initial measurements†. His separation from civilization and the station allow for him to forgo the superego and ego because they are not necessary in the Congo where only his primal drives are necessary for survival shown by the natives. The primal and degrading aura of the Congo can be seen when Marlow says â€Å"It was unearthly, and the men were—No, they were not inhuman.† (44). This shows that the aura of the Congo is foreign to the Europeans and environmental factors affect their ability to suppress their id like it is more difficult when alone and away from civilization. The return of Kurtz on Marlow’s boat leads to the return of his ego and superego because he is with Europeans again which shows what happens after his morality returns. Kurtz is described to be feel very guilty about his actions, and he says things like â€Å" I am waiting to die† which shows his feelings of utter shame of his actions after he represses his id even further. This culminates into his final words â€Å"the horror, the horror† which shows the extreme guilt and shame towards his actions to the natives and his beliefs of imperialism. This also shows how different one person can be when he lets his id run rampant and when he controls it. Kurtz could be civilized European who embodies the initiative of â€Å"civilizing† the natives, while he could alsoShow MoreRelated Achebe’s Inability to Understand Conrad’s Heart of Darkness Essay3028 Words   |  13 PagesAchebe’s Inability to Understand Conrad’s Heart of Darkness A fierce Achebe radically condemns Conrad as a thoroughgoing racist in his article, arguing that Heart of Darkness is not a piece of great literature, but an offensive and deplorable book (Achebe 1791). He structures his argument around a few central ideas, such as the grotesque perception of the Africans by the protagonist, the antinomy between the Thames and Congo River, the lack of historical fact, and the parallel between theRead MoreANALIZ TEXT INTERPRETATION AND ANALYSIS28843 Words   |  116 Pages for example, in most detective fiction. Internal conflict, on the other hand, is confined to the protagonist. In this case, the opposition is between two or more elements within the protagonist’s own character, as in Joseph Conrad’s â€Å"Heart of Darkness†, when Kurtz struggles (and fails) to subdue the savage instincts concealed beneath his civilized English veneer. Most plots, it should be noted, contain more than one conflict. In some cases, however, these multiple conflicts are presented in a way