Generally Accepted Accounting Principles Essay

Although dropping slightly the second year they have managed to improve this in their third year increasing their overall profitability Safety Styles has also increased both its Return on Assets and Return on Equity, this demonstrates the ability of the company to efficiently make use of its assets and equity which ultimately reduces requirements for more funding and reduces cost making better use of what they currently have. Efficiency: Safety Styles Pty Ltd appears on average over the last three years to be improving its efficiency to make better use of their assets and turning over their inventory. Safety should also focus on this area and strive to improve their efficiency. Whilst the values may seem quiet higher their total sales amount has raised which may not be taken into account with averages. Safety Styles may need to revisit their inventory strategy as their turn over period is quite high; this would be a benefit for them in the long term by having quicker access to cash for investment in other assets. They should also pay attention to their Accounts Receivable Turnover and aim to reduce this. Liquidity: Whilst Safety Styles Current ratio and Quick asset ratio is declined they are both still very healthy numbers. Safety Styles non-current assets have been increasing annually. They may want to pay attention to reducing their inventory levels and accounts receivable to give them more cash and the opportunity to invest into non-current assets or reduce their liabilities as they currently has a low level of cash compared to inventory and accounts receivable. This will make the company more â€Å"liquid† in the short term. Safety Styles also has a very healthy quick asset ratio compared to the industry standard of 2. It should be noted that Safety Styles currently do not have a high level of liabilities and seem to be maintaining their levels of dent in relation to their assets Capital Structure: Safety Styles currently have a very low gearing ratio and are using retained earnings for most of their financing. External sources of financing will be a benefit to Safety Styles to help them grow and invest in additional non-current assets.

Metropolis City Report Essay Example | Topics and Well Written Essays - 2500 words

Metropolis City Report - Essay Example All these come with occupational health and safety challenges. This article will explore the occupational health and safety challenges faced by rapidly developing cities with similar to Metropolis’ and explain a hazard and risk assessment plan that would enable these cities prepare for the public health risks that come with the exposure to environmental chemicals. Land contamination involves a wide array of conditions defined in the Environmental Protection Act (Environment Agency, 2010). The UK has had a long and varied industrial history and some of the industries that have been active at one time or the other being viewed as potential land pollutants. Much of the UK’s industrial activity, especially in the heavy industry sectors of iron and steel manufacture, chemical production and coal extraction took place before the modern systems of environmental pollution controls had been put in place. It was not until 1990 that the UK enacted a law to control land contamination (Hester et al., 2001). Metropolis faced several hazards resulting from land pollution from its former textile, coal and steel industries. Most of the land pollution that arose from the textile industry was as a result of the numerous chemical processes that raw materials pass through before turning into fabric. The textile industry processes such as dyeing, bleaching, printing, mercerization, scouring, sizing and washing require large volumes of water and result in equally large amounts of waste water which when released into the environment can cause land pollution (Darby, 1973). The waste water can not only contaminate ground water but can also interfere with the surrounding aquatic ecosystem. The waste generated from textile industries can be broadly categorized into four groups namely the toxic or hazardous wastes, high volume wastes, dispersible wastes and the difficult to treat wastes. The difficult to treat wastes are

Report about this paper In Vitro Activities of Synthetic Host Defense Assignment

Report about this paper In Vitro Activities of Synthetic Host Defense Propeptides Processed by Neutrophil Elastase against Cystic Fibrosis Pathogens - Assignment Example The potential of HDPs as multifunctional effectors of innate immunity in higher organism provides the impetus and motivation for the progress in their research. The research paper being summarized in this report is In vitro activities of synthetic host defense propeptides processed by neutrophil elastase against cystic fibrosis pathogens authored by Stephen Desgranges, Florie Le Prieult, Alan Daly’ Jeniffer Lydon, Marian Brennan, Dilip K. Rai, Anusha P. Subasinghage, Chandralal M. Hewage, Sally-Ann Cryan, Catherine Greene, Noel G. McElvaney, Timothy P. Symth and Marc Devocelle. This paper was published in the journal Antimicrobial agents and chemotherapy under the American society for microbiology on May 2011. The journal has an impact factor of 4.672, a respectable impact factor for any reputable journal. Publishing of the work was significant to shed light on light on activities of synthetic host defense propeptides firsthand and hinder other person/groups doing so first. The Desgranges et al have undertaken a study where they have reported the in vitro activities of synthetic host defense propeptides against cystic pathogens namely Staphylococcus aureus and Pseudomonas aeruginosa ­ [2]. This paper focuses on the effect of modifying the propeptide by reducing the net change on the antimicrobial and haemolytic activity. The aim of this work by Desgranges et al was to utilize the abnormal amounts of neutrophil elastase present in cystic fibrosis to process several synthetic prodrugs against common pathogens in cystic fibrosis, P. aeruginosa and S. aureus [2]. Peptides are present in many living systems and are utilized by the innate immune systems to combat invading pathogens. Therefore this study aims at constructing a propeptide that will be able to evade the host immune system and also be a substrate for the all abundant neutrophil elastase present in cystic fibrosis lung. Since peptides

Popular Culture Essay Example | Topics and Well Written Essays - 1250 words - 1

Popular Culture - Essay Example In particular, many advertisements connote popular culture adopted by communities across the globe. The advert â€Å"Every Woman Wants A Bailey Box†, consisting of two modern women fighting over a Bailey product represents the place of women in popular culture. This essay will analyze the advert by applying storytelling method, gender and sexuality method and finally discussing a source related to the advert. In summarizing the â€Å"Every Woman Wants A Bailey Box† advert, it is possible to draw several aspects that represent popular culture in the community. The advert consists of two contemporary women fighting over a baileys product. Several aspects in the advert indicate that the women represent the modern society. The dressing codes used by both women in the advert indicate modern culture. One woman is dressed using a shorter dress that is mostly used by youthful women in different parts of the world. The second woman is dressed up using an outfit that perfectly fi ts in her body, an outfit that is popular among youthful and classy women. In addition, both women in the advert are groomed using high heeled shoes, which are trendy among classy women in the society. Further, the advert portrays a Bailey product being wrapped using a gift box, something that is commonly associated with women because the majority of women in the society like to receive gifts. Finally, the advert includes a picture of beautiful jewelry indicating that Bailey’s Fine Jewelry is capable of producing quality and attractive products for women in the society. This print medium used in the â€Å"Every Woman Wants A Bailey Box† advert has several primary strengths that make the advert to be successful in attracting the target segment to purchase Bailey’s Jewelry. To start with, the advert incorporates emotional appeals that play an important role in attracting the target audience.  

Research Technique Study Essay Example | Topics and Well Written Essays - 2000 words

Research Technique Study - Essay Example This research options must be clarified in the early stage of the research planning. In this period of globalization, innovations has introduced the Internet that have generated new methods in conducting surveys, these surveys are done through electronic mail or e-mail and the World Wide Web. In e-mail surveys, the content of the survey is in the original message of the e-mail, in this case the respondents can complete the survey just by answering the original e-mail (Bradley, 1999). While Web surveys, are powered by host websites, in this case the respondents can just click on the website then complete the survey. Internet surveys are presently in trend mainly because of four accepted statements about how they pile up against more-conventional survey methods (Coomber, 1997): (1) the responses are quick; (2) they are equally even better than conventional surveys (3) they are much economical to perform; and (4) they are easier to implement. On the other hand, these statement may be true or not, depending on the individual conditions of the survey. In the most common sense, conducting market survey research using the Internet engages performance one or more events and examining the outcomes. Researchers perform testing for a broad range of basis, series from pre-testing a research design to challenging to process a measuring instrument. A widespread application engages examining fundamental hypotheses. Once suitable, a prescribed testing gives the most reliable proof of causation possible (Deacon ET. Al.:1999). To perform one, researchers must employ two things. First, researchers must influence at least one independent variable. One does not just watch and calculate an independent variable as it obviously takes place. As an alternative, it is restricted and diverse as part of the design of the study. Second, opportunity practices must decide whether or to what extent a person investigational contributor is depicted to the independent variable. This is also

Consumer law Essay Example | Topics and Well Written Essays - 2250 words

Consumer law - Essay Example One of the problems, which will be analyzed using General Product Safety Regulations (GPSR) 2005 for guaranteed safety of a product bought will do with Kingsley purchasing a luxury coffee machine for Miriam’s mother from Home Appliances Limited (HAL). There is also the case of Kingsley, engaging the services of Ben to provide a specified kind of wallpaper for his room, which had been advertised on television. Under the Sale of Goods Act, 1979, a buyer is entitled and has the right to receiving exactly what he or she prefers from a seller2 but it turns out that this is not what happened to Kingsley. In the last case, which talks about Consumer Protection Act, Kingsley had gone to purchase a dog, which was advertised to be a pedigree dog. The dog was also said to be a very friendly dog that would make a wonder companion of the family as a family pet. However, two months after buying the dog, it turns out that the dog is not a pedigree but a crossbreed; turning out to be a very d angerous dog. LUXURY COFFEE MACHINE As part of consumer law and practice and by statutes in the General Product Safety Regulations, 2005, consumers are given maximum protection from defective products, such that the mere fact that a consumer shows that a product was faulty and thus caused damage should be enough to guarantee a substantiated claim3. Before, consumers had to prove negligence by the manufacturers of the products before their claims could be substantiated4. In relation to the case of the purchased made by Kingsley, it would be noted that the safety of the product purchase was not fully guaranteed because it caused both damage and harm. The product became damaged in the course of its usage, whiles the user of the product suffered physical harm. Clearly, the level of damage caused is only possible in electrical appliances that have faults because of the level of hotness that was recorded5. In Abouzaid v. Mothercare (UK) Ltd., 2001, claimant’s mother purchased a Cos ytoes sleeping bag, which was designed to be attached to a child’s pushchair with elastic straps but whiles fixing the product with his mother, one of the elastic straps slipped and lashed back, causing permanent eye damage to the user. Though the claim of damages in negligence was overruled by the court, it was held that Mothercare Ltd was still liable under the Consumer Protection Act strict liability provision because defect in the product is always a major consideration over the level of care exercised by the consumer and in the case of defect in the product, exercise of care may not necessarily protect the manufacturer from ensuring that there are no defects with their products6. Based on the case law available and the binding legislation, a number of considerations will be made when giving advice for the case of Kingsley and Miriam. In the first place, the fact that the product purchased is electrical equipment means that the case comes under the range of goods covered by safety regulations. Secondly, safety regulations are binding on both new and second hand products and so the product is also covered in this case. Specifically, the fact that the luxury coffee machine caused damage and harm by becoming excessively hot means that the product was not well insulated7. Meanwhile, under both the General Product Safety Regulations (2005) and Consumer Protection Act, 1987, it is required that electrical equipm

Choicepoint and Sony, an Ethical Analysis Essay Example for Free

Choicepoint and Sony, an Ethical Analysis Essay Ethics refers to what comes off as right or wrong to an individual’s conscience .The internet age has brought about new ethical issues, not only for an individual but for the society as well as it has eased anonymous manipulation and distribution of information, creating new and easier paths for committing crimes like piracy, identity theft, infringement of an individual’s privacy etc. In this paper we will be analyzing the Choice-point case and the ‘Sony data breach ‘case from an ethical point of view. (Laudon Laudon, 2010, p.128) Background: The ChoicePoint Data breach: On September 27 of 2004, ChoicePoint,a company that aggregates and stores personal information, suspected that some of its small business customers were involved in suspicious activities and informed the police. (Paine, Phillips, 2008)On February of 2005, ChoicePoint only notified those residents of California whose data had been leaked to the illegal customers, since a certain law in California requires it. A protest from the public, however, forced the company to notify the details of the breach to the other involved parties residing in the other states. The swindlers who scammed ChoicePoint had created over 50 accounts with previously stolen identities over the course of a year or even longer. (Pantesco, 2006) Look more:  the issues concerning identity theft essay Changes in business practices (Otto, Anton Baumer, 2007): ChoicePoint made numerous changes after the 2004-2005 data breach. The company closed the 50 fake accounts and made a policy to refuse any faxed business licenses in the future .The Company formed a new policy, that all nongovernmental organizations need to be re-credentialed in order to do business with it, and increased its procedures in verifying the identity of the company. More stringent and better business policies in ensuring the safety of their customer’s data, for e.g. partial masking of social security numbers were employed. The company continued its investigations of its databases for further indications of foul play and brought in outsiders to assess and rectify their practices. The Sony Data Breach: The Sony data breach was a result of an intrusion from an outsider party, causing an outage in the PlayStation Network and Qriocity’s services between 17th April 2011 and 19th April, 2011.A confirmation from Sony revealed that pieces of personal information had been stolen from each and every 77 million accounts. This breach resulted in Sony shutting off the PlayStation Network for 23 days. (Hirai, 2011) Sony stated that the chairman of the company had submitted explanations wanted by United States House subcommittee regarding the attack and that they were taking some measures to prevent further breaches. When questioned about the delay in making the breach public, Sony explained that they’d sought help from outside officials to conduct an investigation in order to comprehend the nature and magnitude of the incident; and hence forensic analysis and investigation had caused the delay since they wanted to have all the necessary details before making the breach public. On May 14, 2011, Sony released a security patch called PlayStation 3 firmware version 3.61 requiring users to change their password upon signing into their account in the PlayStation Network. (Seybold, 2011) Compensation: In compensation for this outage, Sony announced hosting of special events for their users. Sony wanted to appreciate the loyalty of the customers who stuck to using Play Station network and didn’t look for other alternatives. Hence Sony announced an extension of free 30 days of its various services for its existing users. Also, few of their games in the PlayStation network were made free, though these games are available only in some regions or countries. In addition to that Sony also offered one year’s worth of â€Å"free identity theft protection’ to all of its customers. (Wesley, 2011) Ethical Analysis According to Culnan and Williams (2009, p.679),the two aspects of morality that are principal to the relationship between information aggregators and information providers are vulnerability and avoiding harm. Aspect of Vulnerability Analysis: Since the customer gives away his data in exchange for something in return, he loses control on how that information would be used in the future.(Culnan Williams, 2009, p. 681) The firm that is aggregating the data has the duty to exercise caution in protecting the consumer’s vulnerability, not only for the sake of the customer but also to build its own reputation. However, in the cases of both ChoicePoint and Sony breach, the consumers were vulnerable. Individuals whose data ChoicePoint and Sony stored lacked knowledge about the risks posed by Choice Point’s credentialing procedures or the way personal information was stored by Sony. Aspect of â€Å"Do No Harm† Analysis: Most ethicists are of the opinion that data aggregators have the minimum duty of doing no harm whenever there is an issue concerning information privacy rights (DeGeorge 2006; Goodpaster 1987; Marcoux 2003; Valesquez 2003 as cited in Culnan Williams, 2009), even more so when their treatment of the consumer’s sensitive personal information makes the consumers unnecessarily vulnerable. (Culnan Williams, 2009, p. 682) In both the cases of ChoicePoint and Sony Data breach however, the ‘DO NO Harm’ principle was violated and moral responsibility was clearly absent in the behavior of the officials of these firms. (Culnan Williams, 2009, p. 682)ChoicePoint’s questionable intentions in delaying the notification of the breach to the public and the fact that ChoicePoint only bothered to search records that were leaked within 15 months to the date of the search ,until pressurized, were criticized heavily.( Evers, 2005)Further investigations revealed that ChoicePoint had been subjected to a similar scam in 2002.( Paine, Phillips, 2008) The fact that ChoicePoint could be duped so easily within two years proved that ChoicePoint hadn’t done anything to improve its practices since the last breach. Similarly, Sony also had a delay in notifying the users of PlayStation network about the breach. The public disputed Sony’s reason for its delay by speculating that, if Sony judged the situation to be so grave that it felt the need to shut down its PlayStation network, then they should have warned the public without any delay as well. Moreover, Sony failed to give any concrete reports regarding the breach and merely stated that they cannot rule out the possibility of a ‘username or password ‘leak. One more thing to be noted is that the fiends could have possibly gotten information like email addresses and first names of the customers who had consented to receiving information about new deals or products from Sony or its partners.Now, there is a pretty good chance that the fiends might send emails in the format of a Sony webpage template and extract valuable information from those customers. Hence this breach indirectly paved the way for more unintentional breaches in the future. (Eddy, 2011) According to, (Laudon Laudon, 2010,p.135),the basic Concepts of ethics are as follows: Responsibility: where the individual or the organization should accept the duties, costs and obligations for the decisions that it made. Accountability: where the organization should be aware of what decision is taken by whom. If it is impossible to find out who was responsible for what action then that organization is basically incapable of ethical analysis. Liability: this basically extends the concept of responsibility to legal actions where the affected individuals should be able to get compensation for their damages. Analysis : In my opinion, both ChoicePoint and Sony showed half-hearted ethics on these incidents as a whole. While Choicepoint did inform officials about the breach as soon as it found out, yet it only felt necessary to inform the public because of the California law. The people in the other states were notified because of public outcry. Also limiting the search results for leaked records to only 15 months prior to the date of the search just because it was necessary by the law was another mistake on ChoicePoint’s part. Thus ChoicePoint violated the ethical concepts of responsibility and accountability yet they seemed to have understood their mistake when they were making changes in their policies and practices after the 2004-2005 breach, and were willing to take corrective actions. But it is debatable whether ChoicePoint’s corrective measures were taken to save its own business or whether it genuinely cared for the affected individuals. Similarly, though Sony did do necessary investigations, it failed to concretely identify which parties had been affected or what kind of information have been stolen. Similar to ChoicePoint, there was a delay in notifying the public regarding the breach. Hence, there is a dearth of responsibility and accountability from Sony’s side as well .The compensations given can similarly be argued to be a ploy for keeping itself in the market. While, ChoicePoint and Sony offered free credit monitoring and free identity theft protection respectively for one year, they disregarded the possibility that the thieves might lie low and take advantage of the stolen information after the passage of a year. Hence these companies showed half-heartedness in being ethically liable as well.