Can Anybody Assist Me with My Microeconomics Assignment?

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How to Write a Memo for Business Economics or Finance?

Memo is business documents needed every time while giving recommendations for business purpose. Let’s understand this with the help of an example using Midllehurst case:

Example

This memo is written to highlights the main recommendations for improving the profitability for Middlehurst House. If we look after the present condition we found that the profitability is very low as analyzed by our best online exam help team given below:-

Current Revenue 22600
Adjustments 1100
Current Expenses 21000
Current Profit 500

 

Besides lower profitability, the other problem is quality of instruction which is also low due to lower teacher to instruction ratio. Now if we improve it as per the instruction given in the case and as per the ratios given below, we found that we need to improve the profitability by 35% for all classes as given below:-

New Class distribution No. of Classes Children per class Total Children Monthly tuition per children
2 to 3 3 6 20 320
3 to 4 2 8 15 280
4 to 5 2 8 15 280
5 to 6 3 10 30 260
         
No. of old instructors 6      
No. of new instructors 10      
Earlier salary per instructor 1600      
Increase in salary 6400      
Increase in staff benefits 1440      
Increment in Total Expense 7840      
New Required revenue 30440      
Increment in Tuition fees required 35%      

 

Now, look on to the other aspects of analysis i.e. the effect of addition of a new class in the age group 5-6 in the profitability from the base case. From the analysis we found that it will increase the profitability to almost more than double i.e. $1103 as given below:-

New Class distribution No. of Classes Children per class Total Children Monthly tuition per children  
2 to 3 2 10 20 320  
3 to 4 1 15 15 280  
4 to 5 1 15 15 280  
5 to 6 3 15 41 260  
           
Total Revenue 25460        
Increase in variable supplies 132        
Increase in instructor cost 1600        
Increase in staff benefits 360        
Increase in food costs 165        
New Expense 23257        
New profit 1103        

Now, if the same addition of class will be done after increasing the fees as we saw in first analysis, we found that it will improve the profitability to more than triple i.e. to $1744.94 as per analysis recommended by microeconomics homework help team:-

New Class distribution No. of Classes Children per class Total Children Monthly tuition per children
2 to 3 3 6 20 431.0088496
3 to 4 2 8 15 377.1327434
4 to 5 2 8 15 377.1327434
5 to 6 4 10 40 350.1946903
         
Total Revenue 33941.9469      
Increase in variable supplies 132      
Increase in instructor cost 1600      
Increase in staff benefits 360      
Increase in food costs 165      
New Expense 31097      
New profit 1744.946903      

 

Sample on How to write a Good Nursing Literature Review?

Introduction

Obesity is a world health issue on which there have been many debates and discussions by many eminent scientists and health professional. The current chapter will discuss and uphold the research and arguments by other researchers and their results. It will also describe the flaws in those researches and the ways to remove those flaws to address the current issue. The chapter will include the factors and their contribution to the issue in detail and the critical analysis of the issue based on study of different journals. The chapter will put light on the thoughts and ways of research, which were done earlier to check obesity.

Critically analysing the occurrence of obesity in Children in UK

In UK due to increased rate of obesity among young children there is increased of various other health problems related to obesity. According to the National Child Measurement Programme (2016), on an assessment of about one million school children in UK it was found that 19.8% of them falling within the age group of 6-11 and 14.8 % of them were overweight and posed an increased risk of becoming obese. In the age group of 4-5 years, 9.3 % of the total children assessed were obese and 12.8 % were at risk of becoming obese and are overweight (Noo.org.uk, 2016). The rates of obesity among children in UK within the age group of four to five have increased from 9.1% in 2014 to 9.3% in 2016 as per research done by our custom essay writing help service team.

Data related to the number of obese and overweight children in UK by 2016

(Source – Noo.org.uk, 2016).

According to a study the rate of obesity is more (12%) in children in regions were there more poverty and governmental deprivation and it is recorded less (5.7%) in areas where there less governmental deprivation (Content.digital.nhs.uk, 2016). Baldwin et al. (2016) said that obesity increases in areas where there is lack of awareness. Hence, Regions where there is governmental deprivation the citizens are not aware about the incoming epidemic by obesity. Thus, they are not changing their children’s habits accordingly. However, Atkinson et al. (2013) argued that it is not that all the least deprived regions in UK have a high incidence of obesity. The rate of obesity varies in between different regions and deprivation by Government is not the sole factor that governs this uneven distribution. the regions of UK in the South-East, South-West and East have a lower rate of obesity were as regions such as the West Midlands, London and North-East have a higher rate of obesity in children as per our statistics homework help team surveys.

Figure 3 – Rate of incidence of obesity in different regions in UK

(Source – Content.digital.nhs.uk, 2016)

Figure 4- Demographic data for incidence of obesity in different regions

(Source – ITV News, 2016)

The obesity prevalence in UK also varies between different regions it is not that there is an equal distribution of obesity in different regions. Such as Richmond in Southwest UK has a lower incidence of obesity were as Newham in London has a higher incidence of obesity (Content.digital.nhs.uk, 2016).

According to Carrol et al. (2014) obesity can vary among children based on the gender. In case of girls there is higher incidence of becoming obese were as boys can have a lesser risk of getting overweight.  In support of this statement Godfrey et al. (2013) said that it can be inferred that may be boys are more exposed to physical activity than girls which puts them at lesser risk of becoming obese than a girl. In UK among the children aged five 25% of boys are obese and 33% girls are obese (Weightlossresources.co.uk, 2016).

Figure 5 – Percentage of obesity in different genders

(Source – Weightlossresources.co.uk, 2016)

Davidson et al. (2013) argued that gender could not be a sole determinant of the obesity in children. It may be that due to some biological reasons, boys have better BMR than girls but that does not put the boys out of risk of obesity. The rate of obesity also varies based on ignorance by parents, which is the most obvious reason of obesity in small children. Either the parents are not concerned about their children’s weight or they think that the weight of their children are correct are not interested in measuring their BMI (Wofenden and Wiggers, 2014). In UK 33% mothers and 57% fathers consider that their children are having a correct weight and are not overweight and even encourage their small children to consume processed feed (Weightlossresources.co.uk, 2016). McCarthy et al. (2013) suggested that such actions by parents are to make their children more accustomed to the outside world but they are unable to understand the health risks that they are pushing their children towards a life full of insecurities as per survey done by statistics homework help UK team.

Figure 6 – attitude of parents towards obesity

(Source – Weightlossresources.co.uk, 2016)

Flemming et al. (2013) in a study of obesity in UK stated that UK in comparison to all other countries of the European origin has a much higher rate of obesity in children. This may be due to ignorant parents or due to exposure to high sugar containing food in diet from a very young age. Germany and France in comparison to UK has a much lesser incidence of obesity (Yorkshirepost.co.uk, 2016). Popkin et al. (2012) in his journal about lower rate of obesity in France praised the French and said that the French people have different types of food rich in fat and sugar but they eat less of that food moreover they eat slowly leading to less consumption of the food.

Theories related to obesity

2.4.1 Physical theories

Obesity can be described as a situation were in the person has excess of body fat as compared to a normal individual. In children, the presence of obesity can be detected in the early stage of overweight conditions. Obesity results due to inefficient burning of the sugar and fat that is consumed. The excess sugar and fat is deposited in our body and leads an increase in body weight (Borys et al. 2012).

Three theories explain the occurrence of obesity. According Bucher et al. (2012) obesity is caused solely due to the overeating issues in a person. This theory followed by people make them inclined towards eating less as per research concluded by our human resource management homework help and survey experts However Charron et al. (2012) said that the first theory of obesity fails to explain the occurrence of obesity in persons who do not eat much still experience from obesity due to little eating. The second theory, also known as the pica theory of obesity explains that obesity in persons result due to unbalance diet. Some persons are unable to formulate a good diet chart, which is low in carbohydrate and fat and high in vitamins and antioxidants. This leads to higher intake of food with excess calories ultimately leading to obesity. Smith et al. (2013) argued with this theory and explained that in some cases persons try to avoid the sugar which in turn to satiate their hunger for sweets push them towards artificial sweeteners which in turn increase their inclination towards sweet more.

The last theory of obesity is in stark contrast to the other two theories and states that it does not depend on how much a person eats, a normal person can maintain a perfect body weight and still eat a lot. This depends on the environmental and some genetic factors of a person. It explains that every person has a threshold value of fat accumulation in his or her body based on their BMR but when the intake of fat exceeds the threshold level, it leads to obesity (Charron et al. 2012). The theories of obesity are all based on extensive study in different persons by calculating the BMI. BMI is the body mass index of a person and is a direct correlation between the body weight and height of a person as find out by our business management homework help team. It determines whether a person of a particular height has an appropriate body weight or not.

The mechanism behind obesity involves the accumulation of the fat under the adipose tissue of the body. The belly fat that is considered in diagnosis of obesity is the excess fat of the body that is deposited in the visceral region due to being semi-fluid in nature as per research done by our research paper writing help team in UK. This fat is not required by the body due to lack of physical activity and thus contributes to weight gain.  (Refer to appendix 2)

Social and Psychological theories of obesity

Obesity may be a physical disorder but it every physical disease has it social impact. Obesity is not only accompanied by increase of weight it also encompasses increase of area in the visceral regions and lack of proper shape of the body. According to sociological perspective, obesity can be regarded as a physical as well as a psychological disorder. Roenneberg et al. (2012) said that obesity has been observed to be more prevalent in class of people belonging to the lower economic level. Obesity not only leads to physical disorders but due to the tendency of society to regard it as a stigma, it has a wider impact on the mind of a obese person.

In UK, it has been observed that obese children are 65% more at risk of being bullied. Dragone and Savorelli (2012) say that obesity is rather a social epidemic than a physical epidemic because the level of the seriousness of the disease is exaggerated by the hypocrite attitude of the society towards the obese people. According to Luheman (2012), functionalism theory of sociology describes that obesity is due to family issues were in the child experiences peer pressure resulting in depression and over eating. This leads to depression, which in turn is an enhancer of weight gain. Craib (2016) rejected this theory saying that it cannot be a proper theory to explain the social cause of obesity because families with proper parent attention and care still have children suffering from obesity.

Symbolic interaction theory states that social interaction is also a determinant of obesity because the social interaction of a child determines their eating habits and their other physical habits. Davidson et al. (2013) said that although social interaction can be regarded as a reason but it is the duty of the parents to make sure that a child has proper social interaction which will determine the proper character of the child as per humanities homework help survey and findings.

Another sociological theory of obesity is the conflict theory, which states that society is a group of different people, and all are interested in their own benefits, in this obesity is treated as a weakness that others use to gain their own benefits. Obesity is used as a commodity for many personnel’s and organisations for their own benefit thus more de-moralising an obese person (Ray et al. 2012).

On the other hand Gibson et al. (2012) said that obesity determines the character development in a child.  According to the theories of Erikson and Freud, the character development in a child starts from the early years, this the early years are very crucial. Any mistreatment to the child in the early years will leave a deep scar in the character of the child. Based on the theory of Erikson, Woods et al. (2012) explained that in the early years a child learns to trust a person. If a child experiences repulsion from, the society just due to being obese will not develop the ability of the child to interact with people as suggested by humanities assignment help teams.

Karasu (2012) supported the theory and explained that in addition to this the child between the ages of 4-5 learns to be independent and have self-trust. If a child experiences bullying attitude and stigmatisation from the society then he/she will never be able to develop self-confidence and will always try to hide away from society. The sense of guilt also develops in a child in these years. If a child goes through psychological distress just due to being obese then they will develop a feeling of guilty, that they are nor perfect enough for the society, this is turn will lead to generation of a feeling of self-loathing in them.

Critical analysis of factors related to occurrence of obesity

Obesity is termed as an increase in the body weight due to excessive eating, but it is not that whenever someone eats excess a person will suffer from obesity. Obesity is determined by a variety of factors such as environmental and genetic factors. Genetic factors and rest contribute almost 70% of obesity by other environmental and physical factors. Obesity at the genetic level is due to polymorphism of several different genes, which may be directly linked or indirectly linked to digestion or fat and sugar metabolism in body (Powell et al. 2015).

Loos (2012) in his study on mouse models for obesity said that a lead reason for most common form of obesity is the imbalance of leptin and ghrelin enzyme. Leptin is an enzyme, which inhibits the sense of hunger, was as ghrelin is an enzyme, which enhances the feeling of hunger. In mouse with lep gene, it has been observed that there is high advancement of obesity due to overeating tendency. In mouse with over expression of ghrelin gene, the tendency of obesity is also increased as found by survey done by linguistics homework help survey and research team.

Obesity is greatly influenced by genetics because in research it was found that cases were both the parents are obese 80% of the children are at risk of being obese were as 10% risk is in case of children whose parents are not obese. In case of a Prader-Wili syndrome, a rare genetic disorder, the child is constantly hungry and due to over eating turn to obesity.  There are some genes present in our body called the “thrifty genes” which were required in ancient times to help in survival during crop failure but in recent times there is no such issue thus these genes happen to be a curse to us (Berk et al. 2012).

Bewick (2012) Argued that genetic factor cannot be the only physical reason for obesity in a child. In today’s world, the children after being born suffer from numerous health problems. This may be carried on by gene. The hormonal problem such as disorders in expression of thyroid hormone and other female hormones puts the children at risk of becoming obese such as children with Cushing’s syndrome and hypothyroidism. In some children there is a condition called insulin resistance due to insulin defective gene present. It may be a heterozygous recessive defect but the improper diet makes the other gene also non-functional leading to obesity.  In mouse models with altered insulin gene insins+ combination of mouse were overweight due to one non-functional gene but when both the genes are non-functional the starch taken in is not converted to glucose thus getting stored as per statistics case study assignment help provided by our experts. The second mutation in the gene may be due to heavy intake of starchy foods, which puts pressure on the single gene (Hardy et al. 2012).

Roberts et al. (2012) said that although genetics may play an important role in obesity but apart from the genetic reasons the now occurring obesity is solely due to lack of exercise. In the current lifestyle of people, the calories that are taken in are more than the calories that are burnt. Children are not involved in playing outdoors and are more inclined towards playing games on play-station and video games which in turn creates imbalance in their energy ratio adding up to obesity. Children become more prone to intake of food with saturated fat such as fried foods, chips and aerated drinks. These foods do not have any nutritious value; they just have taste and are unhealthy.

Harrold et al. (2012) stated that the emerging business of unhealthy foods attract more children leading to their weight gain. The companies are directly responsible for the obesity issue because their attractive advertisements seek the attention of the innocent children who do not understand the bad effects of unhealthy habits. The saturated fats in these foods gets deposited under the adipose tissue owing to obesity as per services provided by do my strategic homework help researchers. The changing environment around us is also responsible for the lack of physical activity in children. the recent development in industry has led to reduction in the number of parks and side-walks which reduced the tendency of children to go out in the park and play (Kleinert and Horton., 2015). Sedentary snacking is a term used by physicians which relates to eating by watching T.V, this leads to improper digestion in children and hence accumulation of fat. Obesity in small children can be also attributed to the tendency of eating in large amounts and the increased frequency of eating out in families (CDC, 2016).

Hossini et al. (2012) said that although others may be responsible for obesity of a child but a mother should play their role in taking responsibility of their child’s health. Obesity in children under the age of five has been seen to have direct relation to their lack of breastfeeding. It has been observed that children who are breast feed have a lesser risk of being exposed to obesity as compared to children without breast-feeding. Breastfeeding prevents frequent eating habits in children and protects them from early exposure to processed food at an early age. Such issues give rise to obesity in children. In a study by WHO (2016) on breast feeding mothers and children it was found that breast feeding for more than seven months  reduced chances of obesity in children significantly and breastfeeding for less than three months decreased the risk by 10%. Apart from breastfeeding, Ward et al. (2013) explained that women who have smoking habits and women suffering from diabetes give birth to children who are at a higher risk of becoming obese.

He said that social factors are strong pillar of obesity. Social factors such as mental depression in children due to family issues or due to incompatibility between family members may lead to stress. Stress in children pushes them to over eating which in turn causes obesity. It has been proved that stress also decreases the rate of digestion of fat leading fat deposition and weight gain. Earlier it has been Pelone et al. (2012) said that other than that observation in areas which are economically weak has suggested that they suffer more form obesity. This may be due to their tendency to buy cheap food rich in fat and sugar, which will give them energy. However, this is not true and the calorie, which is not used, gets stored as per our Biology Homework Help Experts.

Impact of factors related to occurrence of obesity

As said by Johnson et al. (2013) any epidemic may it be social, physical or psychological will have it effect on different aspect of a society. Obesity among young children will lead different complications in them such as increased rate of blood pressure, high incidence of diabetes mellitus and coronary diseases. In addition, there are other problems, which are arising due to obesity such as atherosclerosis, cysts in ovary, fatal digestive problems and high incidence of cancer in such obese children.

Children with obesity develop type 2 diabetes at a very early stage of their life. McCarthy et al. (2012) explained that Diabetes type 2 prevalence for a long time in their sometimes forces them to be administered with insulin at an age when they have not yet crossed adolescence. Bewick (2012) supported the fact about diabetes and said that girls especially rather than boys suffer from hormonal problem due to obesity owing to diabetes. In a study, it was seen that due to obesity there was high rate of female hormones, which in turn leads to higher risk of breast and ovarian cancer (Refer to appendix 3).

The children due to obesity suffer from hormonal imbalance, which not only leads to metabolic disorders but also pushes the children to early puberty.  Young girls due to obesity experience menstrual complications, which may lead to formation of fibroids in the uterus. Due to excessive fat present the digestive enzymes do not function properly resulting in non-alcoholic fatty liver like symptoms in children (Davies et al. 2013). The children due to obesity suffer from early formation of stones in gall bladder due to inefficient digestion. Early emergence of diabetes mellitus also increases the risk of heart attack in children along with making them immune-compromised. Obese children have been seen to have higher rate of suffering from asthma, this may be due to their immune-compromised state or their hormonal imbalance (Himes and Reynolds, 2012).  Lear et al. (2013) said that sleep is an important aspect of growth for children. During sleep a child grows, improper sleep leads to physical disorders. Children with obesity suffer from sleep apnea, which affect their mental and physical development.

Ogden (2016) argued that obesity in children is not limited to the physical impact but also it has branched out its effect into the social and psychological field. The society makes target of obese children as a result of stigmatisation of obesity by society. Bishop et al. (2013) stated that the hypocrite mindset of the society regarding the definition of beauty compels such behaviour from the society. This makes obese children more prone to loss to self-confidence and puts them into depression. The children suffer from social exclusion and are not able to interact properly thus leading to improper character development in the children. They also develop a feeling of self-loathing were in they feel that they are not good enough with respect to other people and hence lack the self- esteem. Due to their physical weight gain, obese children are not much active as compared to normal children. This decreases their self-esteem more and also makes them a topic of fun among their friends and society. They also suffer from increased anxiety, which in turn takes a toll on their psychology (Sarwer and Dilks, 2012). (Refer to appendix 4)

Government legislations and policies

The government of UK has identified the plausible reasons for the higher incidence of obesity in children. The government has formulated policies to industry levy charges to the soft drinks, this increasing their price and reducing their frequent buying and consumption by children. The government has focussed on the sugar content of a product and has decided to cut off 20% sugar content from all foods that are being sold. The government has also devised policies and instructed every food industry to make foods that are healthier rather than tastier. The government has also decided to share cost and invest in industry to encourage them in making more healthy food. The government has made policies to make physical activity compulsory in schools to make children healthier. There are also policies made to decrease the amount of sugar and fat in food served in schools. They have also made strict legislations regarding rating a school based on its level of physical activity and the food that a school is providing. The industries involved in food processing in UK have been strictly advised to have clear definition of the foods in the label of the packet and not to misguide the customers based on the nutritious content of the food (Dowler and O’Connor, 2012).

Apart from the UK, government the WHO has also made efforts in curbing the rate of increase in obesity among children. The organisation has invested a lot in health upliftment and also monitors the growing obesity in certain regions and tries to have a check on them. They have made plans to advise every paediatrician to encourage every patient visiting them to make them understand the importance of health and plan a diet chart or every child from the day they are born until the age of five. WHO has plans to set up camps in schools to determine the average obesity in the regions and to make the parents have a full knowledge about the negative effects of obesity. They have also devised policies for parent counselling in schools to make advice parents regarding the benefits of a healthy diet along with physical exercise for the benefit of a child (Moodie et al. 2015).

 

Interventions and implementations

The UK government has made many policies to control the growing risk of obesity but as said by only formulation of policies does not mean that the issue has been checked. For proper checking and resolving an issue, a policy needs to be properly implemented by governmental as well as non-governmental intervention. Although the UK government has increased, levy charges on the soft drinks but this has not stopped children or their parents from buying the drinks. There has been a reduction but still the danger of obesity is prevalent due to buying of the product by the people. Thus, according to Elks et al. (2012), cost increase of a product can never be an option for discouragement of the buying of the product.

The policies based on products of a company have increased the nutritious component of some food but some tests reveal that some food companies have not followed the policy. The strict rule imposed on the companies does not mean that the companies will always follow the rules and enhance the nutrition of a food. Unless the government checks periodically, each product there will not be proper implementation of the policies. There has been good implementation of the policies for enhancement of physical activity in school as this has also encouraged children to be interested in different forms of sports. Based on the results it was seen that policy of compulsory physical activity in school has lead to greater drop in obesity among small children. The counselling of parents is also an effective approach. As said by Favalli et al. (2013) people follow the rules only when they are afraid of any impending harm. The policy by WHO has made parents believe the harmful effects of weight gain and has led them to act in a more responsible manner towards their children’s healthy habits.

2.9 Gap analysis

The literature review done in this chapter is focussed mainly on the physical, social and psychological causes and impacts of obesity. The gap in research that is present in all the literatures that has been done here is there lack of link between each factor. Obesity cannot be defined by a single cause, it has several causes and each of the reasons and factors are interlinked and interdependent. The study that has been done earlier does not describe the interdependence of each of the factors.  Unless each of the factors role in obesity is clearly defined all the pathogenesis of obesity cannot be fully understood. The researchers should have linked the psychological reasons of obesity to the physiological reasons. The ways in which the mental conditions are affecting the physical functioning of body are not included in the previous studies. Moreover the method of determination of obesity in all of the prior studies were solely based on the BMI of the person, but it is not a correct measurement as some persons have increased bone weight with respect to their height.

This research has focussed upon the interrelationship between all the factors of obesity and has also discussed the cooperative nature of the factors causing obesity. The research has not only used BMI but apart from that has also used the technique of measurement of visceral fat for diagnosing obesity in a person.

2.10 Summary

This chapter illustrates the various researchers done on obesity previously and their result. It explains the impact and causes of obesity with data and figures along with critical analysis of all the theories of obesity. The chapter describes the anti-obesity policies by the government and the rate of effectively of the policies. It finally pints out the gaps in the previous researches and how those gaps are addressed in the current research.

 

Allocation Efficiency- How to Improve IT

Allocative efficiency is the point where consumer’s preferred resources are optimally distributed in such a way that any other combination of distribution of resources will lead to provide lesser utility to the consumer

As per my judgement “The case for collaborative consumption – Rachel Botsman” addresses the requisite question.

The author in her video has given examples of many websites which are enabling resource sharing among the population. One of the example was when author asked, ” how many of  you own a drill machine at home”, audience replied with a massive hand raise and author replied ” you don’t need a drill you just need a hole which is makes, so why don’t you rent it as pee our online quiz help experts.

In the same manner many examples addresses the issue of inefficient use of resources such as car being unused by owners for 23 hrs a day which now are eligible to be get rented or the owner can use a rented or shared car which addresses the issue of effective utilisation of resources and opportunity cost of owning and ill utilising a resource.

Through Internet platforms resources are being shared and used  efficiently and further it is facilitating an combination to emerge where all resources are utilised optimally by proper allocation between the users by renting, sharing or bartering which is nothing but a situation of allocative efficiency.

Critical Examination of Other video

The secret sneaker market — and why it matters by Josh Luber is the video I chose for critical analysis on the parameter of being relevant to the topic. The author discussed about a parallel sneaker second market which is just like any other stock market, “How does existence of this market is facilitating allocative efficiency or collaboration when all sneaker heads are ready to invest 1000’s of bucks on a shoes and trend is equated with drugs trading by author himself which means it is a product which is not beneficial for the nation and development of such products will lead to allocative inefficiency”.

It would have been more relevant if the author had discussed “whether the existence of secondary market has enabled an environment of sharing and reduced the ineffective utilisation of resources by investing in the sneakers further as per our online test help experts whether the Nike’s production has been effected by existence of such market”.

Difference Between Agile & Waterfall

Comparison Between Agile and Waterfall Methodology

Development Phases

Waterfall Model of software development divided into several phases of software development. On the contrary, Mahadevan et al. (2015) opined that agile software development methodology is divided into several sprints which is again divided into five basic phases of software development.

Nature

There are several cases where Waterfall Model of software development can be considered as a rigid and internal process. On the contrary, Dhir et al. (2018) illustrated that Agile Methodology is far more flexible than waterfall model by incorporating customer feedback after each sprint as per our project management assignment help experts.

Process Flow

Waterfall Model incorporates a singular sequential process flow for developing a software where each phase will occur only once within the software development lifecycle. However, Hazzan & Dubinsky (2014) opined that Agile Methodology incorporates an iterative process flow that ensures each phase of software development will be a part of each sprint.

Testing Phase

In case of waterfall model testing is done after the completion of design and development phase. However, Fogle & Qu (2015) illustrated that in case of Agile model testing is performed concurrently with the development phase of each sprint.

Professional research regarding the effectiveness of the agile methodology

Customer Centric Approach

The customer centric approach of Agile Methodology allows customers to realize the software development outcome within first few weeks. Verma et al. (2014) illustrated that this develops a perception within the customer’s mind that developers are providing some value to the investment for software development.

Accepting Change

Agile Methodology allows customers to incorporate their point of view while developing the software to ensure that the developed product will efficiently meet the requirements of its customers.

Frequent Evaluation

This approach allows customers to evaluate the output after each sprint. Hazzan & Dubinsky, (2014) opined that it allows end users to evaluate the developed outcome of each sprint and provide their valuable feedbacks directly to the developers.

Sustainable Development Approach

This approach allows developers and customers to communicate through a face to face communication method so that the chances of potential mistakes get reduced. Kaisti et al. (2014) opined that this software is realized through a rush free environment that leads to less number of development errors.

Incorporate additional research or academic information

Develop the required software

The first fundamental issue within any software development process is to understand the requirement of the customers correctly. However following the traditional approaches developers are required to collect the requirement of their customer before starting the development. Gil et al. (2016) opined that in case of Agile Methodology the customers are free to provide their feedbacks during the development process that ensures the flexibility of the development approach as per our online research paper writing help services expert. This functionality of agile approach paves the path for future acceptance for this approach.

Speed

The third fundamental issue after selecting the correct approach for software development is speed of development. Based on the use of traditional development process due to these speed implication developers are unable to try innovative approaches while developing software. On the contrary Mahadevan et al. (2015) opined that using Agile Approach developers are able to develop a working version of the software quickly to ensure that developers are free to incorporate several approaches in their development.

 

Risk & Return Portfolio Examples

The return and standard deviation of three assets portfolios is calculated given below .It is more efficient compare to two assets portfolio of lower risk and higher return and however it’s calculation is complex as done by our business statistics assignment help experts because of multiple correlation ship between the different assets class.

Portfolio Calculation          
    Portfolio weight   Portfolio Portfolio
  Stock 1 Stock 2 Stock 3 St. Dev Return
                    0.33                   0.33                      0.33 4.98% 6.14%

The average return, std. dev and variance is as given below:-

Month Share Market index (%) Air Technologies Ltd (%) Mineral Resources Ltd (%)
1 5.08 2.37 2.05
2 5.08 1.37 4.9
3 5.5 1.3 -1.5
4 1.19 7.71 7.37
5 -1.79 -1.14 -7.26
6 -1.62 -1.51 -3.7
7 -1.13 -6.29 -6.42
8 5.09 3.88 9.87
9 -8.1 -5.26 -3.47
10 2.84 1.61 3.17
11 1.7 2.12 5.12
12 2.74 5.9 8.58
13 6.03 10.83 8.81
14 5.71 10.31 9.84
15 8.64 8.37 2.12
16 11 12.64 7.67
17 -2.49 -4.31 -7.72
18 7.9 2.22 12.83
19 -7.25 -8.51 -1.84
20 1.88 3.76 3.44
21 6.17 9.47 1.31
22 -3.67 -5.99 -2.23
23 2.08 8.93 7.42
24 1.56 10.81 2.1
       
Average Return 2.255833333 2.94125 2.6025
Variance 22.86322536 38.01752446 34.45763696
Standard Dev 4.781550519 6.16583526 5.870062773

The beta is calculated using Covariance between assets and market divided by variance of market by our online exam help experts. The betas for both stocks are given below:-

  Air Technologies Ltd (%) Mineral Resources Ltd (%)
Beta                          0.95                          0.78

 

The expected return using CAPM for both stocks is given below. During valuation it is sued as discount rate to calculate the present value of dividend.

  Air Technologies Ltd (%) Mineral Resources Ltd (%)
Risk free rate                          3.00                          3.00
Required rate of return                          2.29                          2.42

 

The present value of stock is calculated using Gordon growth model of constant growth rate as explained by our managerial accounting homework help experts. We assume that dividend will grow at constant growth rate of 1%. The present values of both stocks are as given below:-

  Air Technologies Ltd (%) Mineral Resources Ltd (%)
Current Dividend 2.25 3.22
Terminal Growth rate 1% 1%
Required rate of return 2.29% 2.42%
Current Value of stock 176.0280276 229.1212537

 

 

 

 

Human Capital and its importance to Economy

Automation in industry on the basis of modern productivity principles have replaced a lot of human work with machinery. But, that did not reduce the impact humans put into a work, rather than machines. Before participating in the graded discussion 1, I thought about human capital in a rather conserved manner which included only the exchange of monetary and other benefits in exchange of physical work. But now, I think that I was quite wrong and thanks to the graded discussion 1, I developed my insight over human capital with poised and uniform knowledge.

Human capital is not what I thought. It is the value of ideas, creativity, physical attributes and skills along with experience that are possessed by a human for a specified work. It is not only the monetary value of the human but also this value is seen as a cost to the organization too (or CTC) as per our macroeconomics assignment help experts. It tends to increase the production abilities of an organization (Pettinger, 2017).

Before the discussion I took human capital as a part of economic growth without knowing the proper reasons and methods. But soon after the discussion, it became clear to me why human capital is an integral part of the economic growth for an organization. the value of sustained growth in real income per capita has seen a down fall in the earlier historical events but the industrial revolution broke all the barriers to uplift it. The technological alterations and the fertility transition is considered as the major contributions to the uplifting of economy from human capital (Goldin, 2014).

In the class the major influence over the topic of increasing the human capital has influenced a lot to change my point of view. How vocational training and education along with infrastructure of competitiveness has brought reforms in the human capital is remarkable. Despite of providing an overall education to people, the direct involvement of their skills in a particular is a genius plan. It not only makes a person skilful in one genre but also creates a passionate interest in them.

For example, let’s take an electrician for a matter of fact. Why does the electrician need to study about commerce and accounting when his interest is in electrical repairs? Similarly, the opposite case can also be considered.

Now that the complete understanding of the topic has been achieved, it would be better to aware people to create opportunities and grab them by indulging themselves into trending human capital skills. An overall education is valued and necessary too but major focus should be given onto something which makes the aim or goal clear for the future as per our macroeconomics online exam help experts.

Even the importance of human capital totally relies in quality of employment and skills to complete the works with limited resources. The basic characteristics of Human capital are shown in the diagram below to signify its elements and benefits.

 

 

 

 

 

 

 

 

References

Goldin, C. (2014). Human Capital: A handbook of cliometrics . The United States: Springer-Verlag.

Pettinger, T. (2017, September 22). Human Capital definition and importance. Retrieved from http://www.economicshelp.org: https://www.economicshelp.org/blog/26076/economics/human-capital-definition-and-importance/

 

 

 

Why Conceptual Framework is Important for Companies?

The public confidence can be restored if all the companies in America start to follow conceptual framework. It is important as the main aim of financial report is to form a basis for the Conceptual Framework along with many other features of the Framework emerging from it and to give financial information related to the entities of reporting which are valuable to the current and potential lenders, investors and some other creditors which help them in making decision of supplying resources to the entity. Also, user are directed who supply resources to entity of reporting but they don’t have capability to force the entity for giving them information which they need to make decisions related to their investments. The conceptual framework designed by regulatory bodies play important role in transparency and accountability of this information.

I also agree with other student post that FASB and IASB concluded that it is important to guide and impart structure to financial reporting and accounting. Infact National standard setters used this result to prepare a model which can be used as manual or guidelines for preparing financial reports as per our financial management homework help experts. This conceptual framework has helped standard setters to decide best solution for preparing financial report and achieve their goal without any difficulty. When no hints are given then the standards are made by members of standard setting committee on the basis of conceptual framework.

When the standard setting committee creates standard according to their individual views then they are not applicable everywhere. And when the members change they put different views on different issues.so the same issues identified by different members and at different time may have different conclusions. So on being produced individual framework by each and every member it should be deeply rooted in fundamentals within, avoiding completely personal opinion which seems to be set of rules. Therefore FASB and IASB decided to create some concepts which would than become the standards. These concepts would not be just on the basis of some set of rules but must be on the basis of some principles which in turn help in restoring public confidence in corporate financial statements.

Walmart needs to get low-pay individuals by offering the job of checking financial accounts into its stores. It has made an adversary of banks, who are itching to get the retail titan off their turf. Americans don’t have faith on bankers; neither do the bankers have any trust on Walmart. America’s largest retailer has for a long itching to be something else: a giant of the financial business.

Investors, their antennae caution to rivalry, have steadily attempted to hinder the superstore from turning into federal bank sanction as far back as five years. Walmart has evaded its opponents by getting through backdoors: earlier this year, cash transfers and previously via pre-paid cards. Presently Walmart has an obsession of morphing into a bank, straight up with others trying to open its store in New York City as per online operations management essay writing help experts.  The hard-won advancement of Walmart has come with associations, for Blue Bird pre-paid cards with American Express as well as with Green Dot for the cash transfers and checking financial accounts.

These are additionally not clients that investors have demonstrated any ability to battle for, and which investors really need. Walmart has endured a cataclysmic departure of lower pay Americans since the time that cuts to food stamps occurred towards the end of 2013. By offering less-cost banking venture, the retailer would like to provide them a motivation to drop by the superstores.  A non-branch Bank of Walmart named the ‘digital only’ provides three functions. Primarily, it brings the unbanked, low-waged family into a Walmart store. At this time, that unbanked client is strolling or utilizing public means of transport to purchase basic needs and staples from Dollar Tree, Dollar General, and Family Dollar.

Secondly, it provides Walmart access to client information,” he continued. “Walmart blossoms on information. By getting a better insight into its customer’s financial base, and while they are purchasing, Walmart could make for more gainful usage of one of its biggest positive resource: its inventory“. And lastly, it provides the association a new stage to advertise across its social media, website and TV.  The only inquiry is whether the plan will work. Regardless of the fact that if bankers grouse, low-wage shoppers are liable to discover a Walmart record engaging.  Hence, Walmart is going to provide benefits to customers but at the costs of big banks businesses.