Biography of Michelangelo Essay example -- Michelangelo Artists Painte

Biography of Michelangelo The second of five brothers, Michelangelo was born on March 6, 1475, at Caprese, in Tuscany, to Ludovico di Leonardo di Buonarotto Simoni and Francesca Neri. The same day, his father noted down: "Today March 6, 1475, a child of the male sex has been born to me and I have named him Michelangelo. He was born on Monday between 4 and 5 in the morning, at Caprese, where I am the Podestà  ." Although born in the small village of Caprese, Michelangelo always considered himself a "son of Florence," as did his father, "a Citizen of Florence." His Childhood and Youth Buonarroti's mother, Francesca Neri, was too sick and frail to nurse Michelangelo, so he was placed with a wet nurse, in a family of stone cutters, where he, "sucked in the craft of hammer and chisel with my foster mother's milk. When I told my father that I wish to be an artist, he flew into a rage, 'artists are laborers, no better than shoemakers." Buonarroti's mother died young, when the child was only six years old. But even before then, Michelangelo's childhood had been grim and lacking in affection, and he was always to retain a taciturn disposition. Touchy and quick to respond with fierce words, he tended to keep to himself, out of shyness according to some but also, according to others, a lack of trust in his fellows. His father soon recognized the boy's intelligence and "anxious for him to learn his letters, sent him to the school of a master, Francesco Galeota from Urbino, who in that time taught grammar." While he studied the principles of Latin, Michelangelo made friends with a student, Francesco Granacci six years older than him, who was learning the art of painting in Ghirlandaio's studio and who encouraged Michelangelo to follow his own artistic vocation. Early Life in Florence. Michelangelo's father, now a minor Florentine official with connections to the ruling Medici family, placed his 13-year-old son in the workshop of the painter Domenico Ghirlandaio. After about one year, Michelangelo went on to study at the sculpture school in the Medici gardens and shortly thereafter was invited into the household of Lorenzo de' Medici *http://www.thais.it/scultura/sch00073.htm*, the Magnificent. There he had an opportunity to converse with the younger Medici, two of whom later became popes (Leo X and Clement VII). He also became acquainted with such humanis... ...e." Michelangelo's Achievements During his long lifetime, Michelangelo was an intimate of princes and popes, from Lorenzo de' Medici to Leo X, Clement VIII, and Pius III (1439-1503), as well as cardinals, painters, and poets. Neither easy to get along with nor easy to understand, he expressed his view of himself and the world even more directly in his poetry *http://scriptorium.lib.duke.edu/mazzoni/exhibit/treasures/B56.html* than in the other arts. Much of his verse deals with art and the hardships he underwent, or with Neoplatonic philosophy and personal relationships. The great Renaissance poet Ludovico Ariosto wrote succinctly of this famous artist: "Michelangelo was widely awarded the epithet 'divine' because of his extraordinary accomplishments". Two generations of Italian painters and sculptors were impressed by his treatment of the human figure: Raphael, Annabale Carracci, Pontormo, Rosso Fiorention, Sebastiano del Piombo, and Titian. His dome for St. Peter's became the symbol of authority, as well as the m odel, for domes all over the Western world; the majority of state capitol buildings in the U.S., as well as the Capitol in Washington, D.C., are derived from it.

Export data into external source (m3) Essay

Explain the Impact of Organisational Policies on the Troubleshooting and Repair Process (P1) Referring to the policies related to the College’s network. Produce an audio recording for the Network manager to explain the impact of their organisational policies on the troubleshooting and repair process. Introduction In this documents, I am going to be explaining the impact of organisational policies on the troubleshooting and repair process, I am going to be talking about the organisational policies, such as considerations e.g. security, costs, systems downtime, disruption, resource allocation, prioritisation, contractual requirements, trend analysis, escalation procedures, documentation, reporting, contractual legal issues. Organisational Policies An organisational policy is expected to do many things. Primarily it should protect people and information, as well as set the rules for expected behaviour by users, system administrators, management and security personnel. It should also authorise relevant personnel to monitor, probe, investigate, define and authorise the consequences of violations, in addition to defining the company’s baseline stance on security. This can help minimise risk and help track compliance with appropriate regulations. Security This policy is mainly responsible for making sure that all the security detail such as password and user accounts are secure so you have to make sure that you are the only person that uses the account. IT systems Acceptable usage policy requires from users to log off the computer as inappropriate people could get the access to the data that they shouldn’t. The user also shouldn’t install the unauthorized software as this could lead to the issues such as making the equipment unusable by affecting it performance. The users also have to make sure that the equipment is secure during the use of it and after. The users within college are not allowed to connect they own device to the college network if they don’t get authorization from the IT Manager. Costs In term of costs the members of the staff has to make sure that they examine all the purchasing and introduce the environmental criteria to make sure that the equipment meets all the requirements and condition. They are also required to research on the equipment that they are purchasing to make sure that there is no alternatives with are better or cheaper. They also have to encourage the use of recycled paper to make sure that people don’t use it in inappropriate reasons that are not associated with the course as they are spending the college money. If the potential user with in this case is the student brake the equipment the staff have to make sure that it was reported and the person that did it will have to pay back the money for it. Systems Downtime System downtime is usually affected by many issues but they all can be prevented if the right procedures have been taken and the staffs fallow all the legislations. In this case people have to make sure that they have the right equipment for example server. They also should make regular backups so student and teachers work don’t get lost. The regular maintainer should be taken at the end of each week. System downtime could cause a lot of damage as if the system would be down user wouldn’t be able to perform they daily routine. Disruption Disruption is when something unexpected happened and person responsible for that area is not preparing for it. Organization such as College should have plan for everything so in case that something happen they have solution to repair it and prevents it from happening. For example if users lose they work organization should back them up. In order to back the files up they would have to be prepare for this to happen. Resource Allocation All the resources should be right allocated. This mean that there shouldn’t be too much of resources for one place for example you cannot add too much of the paper for the printer as the printer could damage the paper if there are too many resources than it should be the company could lose a lot of money as they might spend money on the unimportant resources. Resources should be well balanced so if the resources are not needed they shouldn’t been used. Prioritisation The company should prioritize some of the aspect when performing repair as they might be more important and they should be repaired first. For example if network is down and at the same time printer is not working. The person that perform repair should concentrate on repairing network instead of printer as without network printer would be useless. Contractual Requirements In a company, the support team staff would be required to work shifts that will provide coverage for the employees when the offices are officially opened, they will also need to provide extra time in the evening and weekends, where they will carry out the essential maintenance which may have to involve some downtime. The hours that an employee will have to work will be set out for them in what is called an employment contract. They will be limited by the EU legislation and some other regulations such as working time regulations, which will provide the basic right and protections such as: A worker can be required to work at most an average of 48 hours a week (though workers can choose to work more if they want to). For night workers there is a limit of an average of 8 hours worked in 24. Night workers are entitled to receive free health assessments. All staff are entitled to 11 hours of rest a day and to one day off each week. When the working day is longer than 6 hours, workers must have an in-work rest break. Workers are entitled to 4 weeks of paid leave per year. These protections may or may not be in place. You should check your contract to find out any special conditions of service before signing. Trend Analysis The records that are kept of incidents and how these are dealt with can provide useful data how successfully the support team are running, so an organisational policy will decide the frequency of analysis and of data and exactly what type of data has to be recorded by the IT supporting team. Trends can then be identified which will then help with the formulation of the plans to provide better and more reliable hardware and software package, it may then also be used to target a form of training for the users who will need them the most. Trend analysis can then also be used to re-allocate budgets and resources to identify the hotspots. Escalation Procedures An escalation process in different support establishments vary depending on the type of service that they have. In a technical support group, this involves setting up thresholds for certain issues to be addressed at certain levels. Typically it is a tiered setup. For example, Tier 1 can handle issues that can be easily resolved by just a phone call and when the Tier1 representative feels that the issue cannot be resolved at his level (if for example the problem cannot be resolved by their team alone and needs to be addressed by other support teams/departments with higher level of authority) it is then escalated or moved to the next higher team. This way the issues are segregated depending on their severity and type of resolution. Documentation The procedures of documentation vary from one sector, or one type, to another. In general, these may involve document drafting, formatting, submitting, reviewing, approving, distributing, reposting and tracking, etc., and are convened by associated SOPs in a regulatory industry. Since a key step in the process management journey is the documentation of current processes and any exceptions to those processes, this article explores how to create a template for your process documentation guide. A template makes the process of documenting your processes repeatable. Repeatable is the word to remember here primary aspects of a process documentation guide should be easily duplicated and reused to create additional guides after the first process has been documented. This repeatability feature makes it less painful to create your documentation as you move through all the processes in an organization. It also provides readers with a common format to follow as they research or review processes within your organization. Reporting Reporting may seem like a simple exercise in transparency but it is more than that. In fact, it gives management an additional opportunity for improvement, through readers’ reactions, criticisms and suggestions. Considering stakeholder views also helps to shape strategy, goals and objectives. All the inputs from direct stakeholders should be carefully reviewed as part of a management learning process to adapt and fine-tune the company’s sustainable development objectives. Contractual Legal Issues Regardless of whether you use an agency or not, you will require some  knowledge of contract law and the ability to negotiate a suitable agreement. IR35 should be at the forefront of your mind throughout this process if you are to keep as much as possible of your pay packet out of the clutches of the taxman. On the most basic level, any agreement reached with a client must make clear that you are a contractor and not an employee. This distinction should be clear in both the contract and your modus operandi. Primarily, your contract should define exactly what you are agreeing to do for the client. In contrast to an employee, whose work may not be defined at all in the contract, you must make sure that the document clearly lays out the service or services that you are to provide. Conclusion So in conclusion, this document has been explaining the impact of organisational policies on the troubleshooting and repair process, I am going to be talking about the organisational policies, such as considerations e.g. security, costs, systems downtime, disruption, resource allocation, prioritisation, contractual requirements, trend analysis, escalation procedures, documentation, reporting, contractual legal issues. Hopefully, this would help an organisation in the process of troubleshooting and repair.

Causes of Global Warming

Natural causes of global warming include the release of methane gas from arctic tundra and wetlands, climate change, volcanoes etc. Methane, a greenhouse gas which traps the heat within the earth's atmosphere, is let out in large quantities in the arctic tundra and wetlands. In case of volcanoes, when a volcano erupts, tons of ash is let out into the atmosphere. Even though nature contributes to global warming, this contribution is very insignificant when compared to human contribution for this hazard. Anthropogenic Causes. Anthropogenic causes for global warming are those which are caused due to human activities. The most prominent cause being man-made pollution. A large part of this pollution can be attributed to the burning of fossil fuels. This includes burning coal to produce electricity as well as burning gasoline to power internal combustion engine vehicles. When these fossil fuels are burnt, they let out carbon dioxide, which is yet another greenhouse gas which traps heat within the atmosphere of the Earth and contributes to global warming. Secondly when the Earth is dug to extract these fossil fuels in the process known as mining, the methane inside the Earth's crust escapes into the atmosphere and adds to other greenhouse gases such as carbon dioxide. If we start investigating the anthropogenic causes of global warming, we zero in on one of the most important cause of global warming – population. More population means more requirements, which includes food, electricity and transport. In order to fulfill these requirements, more fossil fuels are consumed, which eventually leads to global warming. Humans breathe out carbon dioxide, and with an increasing population, the amount of carbon dioxide humans breathe out also increases and leads to global warming. Even agriculture contributes to global warming, owing to the extensive use of fertilizers, and the dung produced by cattle which is another prominent source of methane. These were just a few of the numerous global warming causes. Many people argue that global warming is a slow process, But they forget that the factors which cause global warming are rapidly rising. The rate at which we are contributing to global warming has rose considerably, and is expected to rise at a faster rate in the future. We have already done enough of damage, and hence it's high time we understand the global warming causes, we may not live to face the dreaded consequences of global warming, but if we don't act fast, it will be our future generations who will have to bear the brunt.

Global Brand Roll-Out Essay

Gross world product up 2.5% in 2005, following two years of < 1% growth. Overall emerging market economies exploding; + 10% GDP growth in China and + 6% growth in Latin America. Political values in emerging markets may make it difficult for foreign competition to enter market without domestic partner and / or; foreign investment & market diversification less attractive (import / export tariffs). Situational Analysis Situational Analysis Industry Purpose of the Oral Personal Care industry is to prevent teeth and gum diseases and deliver cosmetic benefits. Scope of the industry includes toothpaste, floss, mouth rinses and toothbrushes. Industry Definition Competition Colgate has dominant market value share in China (32%) and Mexico (82%). China market fragmented with Colgate & P&G representing 53% of share. Situational Analysis Industry Product Development growth strategy with launches of premium tier brand extensions Crest Whitening Expressions (US) Crest With Scope (US), Colgate Icy Fresh (China), Crest Cool Expressions (MX). Brand Position: Competition Strategy (P&G) C+S = toothpaste + mouthwash + whitening CWE / CCE = flavor + toothpaste + whitening Entering Emerging Markets under its Crest brand without JV partners. Leveraging x-brand scale with Crest + Scope. Built its brand around therapeutic benefits, while cosmetic benefits market growing fastest in Emerging Markets. Innovating in cosmetic segment; a historic Colgate stronghold. Heavily invests in advertising behind new product launches. Situational Analysis Growth Market Strategies Porter Five Forces Analysis Global Oral Personal Care Colgate Palmolive Oral Care SWOT Analysis Situational Analysis Marketing Strategy Pricing: Positioned as a super-premium brand, price parity to Crest Cool Expressions (14.99 – 15.99 pesos). Marketing Budget: $2MM marketing budget aimed to drive trial through in-store merchandising, sampling, and public relations. Corporate Marketing Strategy Objectives Colgate Max Fresh (CMF) Mexico Marketing Plan Strategic Growth driven by high margin core business. Advertising focused on high margin products and high potential markets. Innovation driven: 40% of sales from products launched in past 5 years. Tactical Growth Strategy: Product Development; Super Premium segment Growth Targets: China 2% YR1, 2.8% YR2; MX 5% YR1, 6% YR2 value share. Will require trading up consumers. Value Proposition: CMF would drive new dimension of freshness Target Market: Geared towards 18-34 yr. old adults (female oriented); augment Colgate’s strong competitive position in Value & Mid-Tier. Situational Analysis Marketing Strategy Will US developed media plans translate? Can Colgate effectively trade-up consumers? What impact will cannibalization have on profitability? Is market large enough in Mexico for premium segments? Will benefits of CMF convey to Mexico consumers? BASES testing and Consumer Viability Index showed marginal promise.. CMF Marketing Concerns for Mexico Symptoms of Colgate Palmolive’s Primary Problem Emerging Market consumers are price sensitive Crest attacking cosmetic segment Consumers experiment through trial vs. large initial purchase Despite Growth in key areas Colgate-Palmolive operating profits and net income are down. +6.5% unit volume growth +7% sales dollar growth +0.1% growth in gross profit margin -2% Operational Profit -7% Net Income To drive growth Colgate-Palmolive is looking to focus on higher margin core businesses. Core Elements of the Strategic Problem In the US toothpaste market CP is seeing a 3.1% increase in volume of sales attributable to the Super Premium Toothpaste Category. Global Strategic Opportunity exists in the Premium Toothpaste market. Represents $75 M sales dollar increase and total market cap of $409.5 M dollars Only the Premium Toothpaste Category is growing at a substantial rate. In 2004 CP captured ~60% of that Sales Dollar Increase in the US largely dues to the introduction of Colgate Max Fresh. In order to continue to grow CP must find a way to develop their Premium Toothpaste product CMF in emerging countries. Colgate Palmolive’s Primary Problem Would the costs of adopting CMF in each new country provide sufficient incremental sales and profits to justify the added complexity of localized marketing and rollout plans associated with those new markets. Colgate-Palmolive must continue to globalize its Premium Toothpaste Strategy. Any solution must balance they cost of localization with the expected sales and profit increase for each new market. Also it is in Colgate-Palmolive’s best interest to develop reusable guidelines as it approaches other new markets similar to China and Mexico. Colgate Palmolive’s Secondary Problems Type 1: Establish a tactical marketing plan for the CMF rollout in an emerging market where Colgate-Palmolive has little previously established presence(China) Type 2: Establish a tactical marketing plan for the CMF rollout in an established market that has high competitor activity(Mexico). In order to establish an effective global strategy two types of secondary problems must be solved in the Colgate Max Fresh Case Study: Any solution must balance they cost of localization with the expected sales and profit increase for each new market. Secondary Problem Detail Need to introduce a product to push Colgate-Palmolive profitability Colgate has worldwide share, the only way to expand is to drive high margin business. China(new markets) have strongly entrenched local brands. Colgate Max fresh will need to compete with its own joint venture brand Darlie(High End). Due to new product introduction at the Super Premium Toothpaste Market competitor Crest has 3% growth year to year, Colgate Equity Brands have been stagnant for 3 years. CP is not only loosing out on possible profits but also slowly loosing market share to its #1 competitor. Market is unfamiliar with CMF â€Å"breath strips† US Marketing Video will be ineffective due to the US Star involved. Is it worth creating new celebrity backed marketing content? Will the Go Big or Go Home strategy work in China and other similar markets? How can Colgate-Palmolive best enter the Chinese Market with CMF. China Secondary Problem Detail Colgate-Palmolive knows P&G will be introducing Crest Cool Expressions(CWE) in Mexico in the near future. CO must develop the best marketing plan to stunt P&G Crest Cool Expressions while protecting their overwhelming market share. 82% Value share for Colgate-Palmolive CP needs to create a marketing plan to introduce CMF with limited budget and maximize regional utility. Due to CP’s large inherent market share, the goal of the Mexican campaign will be to maximize the product funnel. There is a large opportunity present to upsell customers from the Big Red Brand toothpaste to the new CMF toothpaste. Mexico See Exhibit 17 – Will waiting to introduce CMF until after the CWE product introduction change the company estimates of profitability? Can the Mexico Snowsurfer commercial be better standardized for global marketing plans? Going forward how will CP utilize this marketing plan for future markets? Colgate-Palmolive Company Alternatives Locally make the clear bottle Works for China, not Mexico China Allows for ease of expansion of the Colgate Max Fresh brand in clear bottle to other regional locales Also, provides future capabilities for use in other new products Problems: This does add 20% variable cost to COGS Initiates a 6 month delay on production $1.5 M sunk cost before production Alternatives Colgate-Palmolive Company Alternatives Regional Market Alternatives Mexico China Colgate-Palmolive Company Alternatives Provide more trial availability with the smaller packages to sway more to give CMF a try CMF has the breath strips or â€Å"cooling crystals† within the toothpaste, therefore bundle the breath strips package with CMF to build awareness. Stop utilizing celebrities to promote CMF Provide regional flavors Keeps product as a premium product Cost of $200,000 per flavor Has shown promising outcomes in other regions In China, Crest utilized a tea flavor and Colgate a salt flavor In Russia, after releasing a local flavor, the toothpaste market share rose from 11.8% in 2002 to 24.9% in 2005. Colgate-Palmolive Company Alternatives Allows for greater differentiation between the CWE toothpaste In Mexico, drop the price from 15.99 pesos to 14.99 pesos to protect a greater share of CP market share. In Mexico and other markets CP is highly entrenched in, utilize clear bottle In Mexico, Keep the price at 15.99 pesos Implementation Strategic Vs. Tactical Plans The strategic plan moving forward for emerging markets will be to use an easily customizable commercial and adapt it to multiple countries Colgate is the dominant toothpaste brand world wide, so our primary goal will be to prevent Crest from gaining market share and also to upsell our existing customers to the super premium segment We agree with the decision to use a celebrity commercial in China due to the size of the market share the Crest is cultivating Each region and culture has a different set of values and preferences Each region will have a unique tactical plan to maximize effectiveness Jay Chou Colgate Max Fresh Commercial Implementation in China Dispensing the toothpaste in clear bottles to build brand awareness Colgate-Palmolive has invested a large amount of capitol in the Max Fresh marketing campaign Maximize the return on investment by: Transition to less expensive packaging once consumers are familiar with product Include breath strip samples with Max Fresh tooth paste in selected markets Snowsurfer Commercial (English Dub) Implementation in Mexico Our strategies in Mexico will be very similar to our plan in other emerging markets Focus will be on preserving our market share instead of new growth Use clear bottle and breath strip samples in select markets to increase brand awareness Colgate accounts for 82% of total market share compared to 10.2% of Crest’s total market share Crest + Scope only accounts for 3%of total market share Set price at 14.99 pesos per 100 ml We will re-evaluate our Colgate Total (19.36 pesos per 100 ml) marketing campaign to focus on the affluent 40+ age group to minimize cannibalization Implementation in Brazil Characteristics of the Brazilian Market 71% of Brazilians agree that â€Å"music is an important part of my life† 33% have participated in trips to the beach in the last 30 days 76% agree that â€Å"it is important to be attractive to the opposite sex† 65% agree that â€Å"it is important to keep young looking† 32% express the desire for plastic surgery in order to improve their appearance Statistics from Geoff Wicken, KMR Group Tactical Strategy Brazil Vollyball is the 2nd most popular sport in Brazil To become a sponsor on the FIVB circuit, we must apply by July 31, 2006 Update packaging to include â€Å"Made in Brazil† The busy season in Rio De Janeiro December to March, so we recommend kicking off a medial marketing campaign in October 2006 This will give Colgate-Palmolive a chance to evaluate the success of the BreathStrip samples in China and Mexico If we do not see the return on investment we will not include the promotional packaging in Brazil Brazilians place a high emphasis on being attractive to the opposite sex, which means there could a tremendous opportunity to market Colgate Max Fresh as a product that will whiten teeth and make you more â€Å"kissable† Adapt the SnowSurfer commercial to the Brazilian market Sponsor a national beach vollyball tournament Conclusion Colgate-Palmolive is actively seeking ways to increase their operating profit and net income Introducing new high margin products to emerging markets will be critical to their success Marketing Colgate Max Fresh as efficiently and effectively as possible will be necessary in helping us achieve our financial goals UNILEVER

Industrial Process Control Lab Report Example | Topics and Well Written Essays - 1750 words

Industrial Process Control - Lab Report Example The controllers were analyzed in relation to how effective they were in ensuring optimization in the functioning of the industrial processes. The general realization is that the On-Off controllers were the least effective and were only applicable in few systems, the proportional controllers were found to introduce instability in systems, while the integral and derivative controllers were found to stabilize the amplitude and stability of industrial systems. Introduction The best way to attain control of industrial processes is to ensure that effective and efficient controllers are incorporated in the processes. One major aspect of consideration according to Patrick (2009), is to ensure that the controller is able to keep the processes within optimal working conditions and to be able to employ a corrective feedback mechanism. Competitiveness of industrial processes depends on their efficiency which ensures that a higher output is registered using a lower input. The objective of the exp eriment is to conduct an analysis on various industrial controls and techniques used in modern industries. The controller that was analyzed was an electrical air heater simulator. The experiment used a combination of PT 326 Feedback process trainer and the PCS 327 process controller. The experiment was divided into four sections where the first section consisted of a two-step closed control loop with the power button being turned on and off with respect to temperature at given values. The second experiment concerned the proportional control where the ability of the controller to maintain optimal levels with variations in measurements was observed. The third experiment involved the introduction of an external stressor to the system and then observing the response of ths sytem to the external stressor. The fourth experiment involved the application of several fundamental changes that the system might experience and observing the stability and response of the system to the changes. Lit erature Review The understanding of industrial processes has always been the key factor driving the design for instruments meant to ensure control of the processes. Technological advancements have always aimed at designing control instruments that improve the efficiencies of industrial processes with minimal supervision from technicians. According to Dunn (2009), the basis to any industrial control process lies in the instrumentation. Dunn outlines that the most common industrial processes that are usually controlled are temperature, pressure, distance, and rate of flow. Current approaches have been aimed at designing automatic controllers with the capacity of controlling simultaneously the most of the variables if not all while at the same time ensuring efficiency. Dunn defines process control as the automatic process that involves the sensing of variations in the process against a pre-set value and then providing accurate feedback to the control for effective adjustments to be mad e (2009). Therefore, a process control should incorporate mechanisms and gadgets that allow it to sense variations, provide feedback and implement corrective measures. The most basic form of a control system can be found in the On-Off control system. The system works on a simple procedure where with respect to any variations with regard to the pre-set value the system will either shut on or off. The best example is the water heater system controller. When the temperature of the heater goes above a pre-set temperature the system

Management Accounting 2 Essay Example | Topics and Well Written Essays - 1500 words

Management Accounting 2 - Essay Example Budgeting is a continuous process in large organizations. Operation department create plans to help the company achieve its corporate goals. Overhead costs, capital expenditures, operating expenses and sales are forecasted for the upcoming fiscal year by the unit managers. The forecasted figures are then sent to the upper management for its approval. The upper management reviews all the projected costs, expenditures and revenues and then approves it. The approved formal budget forms the guideline for operations in the coming year. Monthly and quarterly budget are also prepared by organizations to keep a track of performance against projected figures and takes corrective action if there is any deviation. Upper management has a bottom up approach in respect of budgeting. Corporate managers take the top down approach in meeting business goals. Managers who have a good understanding of profits and sales and have the capacity to overestimate costs typically create successful budgets (Singla, 2009, p. 147). There are various benefits of budgeting such as managers can compare the company’s performance against the projected figures which also forms the basis of their functioning within an organization. They compare the current performance of the company against projected figures and takes corrective action if there is any deviation. In this way, the managers are also able to keep their employees focused and guide them to performa nce (Lucey, 2003, p. 187). Formal budgeting provides the company with a detailed and comprehensive picture of the immediate future and also informs the company about the possible opportunities and threats. Time is an important factor in the budgeting process. Managers sometimes find themselves completely lost in their effort to meet the rules and regulations that are there in the formal budget. But to have a sound system to exercise

Is the cost of college too high Essay Example | Topics and Well Written Essays - 1000 words

Is the cost of college too high - Essay Example Since the economy is going down and that too at a considerable rate, there are many problems that need to be faced by the parents when it comes to giving in their best with regards to their kids’ study domains. The reason why the cost of college is too high is because the college expenses have increased in the recent years. There are the fiscal elements involved with college as well, whereby the books, stationery and all other student related affairs and connected with curricula has become expensive. This has meant that the students are being properly kept a check upon both by their parents as well as the college authorities who are bringing in more problems with each passing day. There are definitive problems that have come about with the passage of time, and all of these have basically brought about quite a level of distress within the minds of the parents as they have to pay for their children at the end of the day (Baptist, 2001). What is even more distressing is the fact that the cost of college has entailed within it the unexpected costs as well, which has included the entertainment fees, the different taxes and so on and so forth. All of these problems have come about within the worst possible times because now is the era where people are running after saving more and more money, yet what happens here is a totally different matter altogether. The cost of college has become a real problem as the tuition is a necessity in the times much like today since education demands quintessential significance. The uneducated and illiterate individuals cannot make it within the different life domains as has been proven time and again. The wealthy are self-sufficient and thus have no problems with the rising college tuition costs but it is the poor who are finding it hard to make both ends meet. It is a fact that something constructive within these ranks needs to be brought about and that too quickly. Probably the right thing would be to make college tuition fre e for all the kids or it could also be a possibility that the primary level education is targeted as being available at a nominal cost all over the country. Being rich must not help; being able to survive the tenacity which comes with attaining education is what is deemed more pertinent. College tuition brings a sense of understanding within the student that he can always find a support system within education. He can ask his teachers for that extra help which he is in dire need of (Redmon, 1999). The college tuition thus builds the much needed corrective system whereby once he fails within the educational domains, he can always stand up with the encouragement drawn from the education attained at the hands of the college tuition realms. Now if these regimes are expensive, your guess is as good as mine. The students would eventually back off from the college tuition measures and look to narrow down their educational facets. They would rather stick to all-day college at the end of the day as one can decipher that this would not help them much. Thus what can be deemed here as appropriate is that they should be given a proper chance to understand the basics of education by going through the rigors of the tuition system and for that the cost issues need to be adequately addressed in entirety. Having high prices of textbooks means that a college or a university is limiting the