How to Succeed in Psychology Classes

How to Succeed in Psychology Classes Student Resources Print How to Succeed in Psychology Classes By Kendra Cherry facebook twitter Kendra Cherry, MS, is an author, educational consultant, and speaker focused on helping students learn about psychology. Learn about our editorial policy Kendra Cherry Updated on February 19, 2020 Tony Garcia / Getty Images More in Student Resources APA Style and Writing Study Guides and Tips Careers Starting a new semester of school can be stressful and overwhelming at times, but there are steps you can take to ensure that you get off to a great start and enjoy a successful school year. Fortunately, these steps dont have to be difficult or time-consuming. By simply tweaking your existing habits, you can minimize back to school anxiety while improving your performance in all of your classes. 1. Start Preparing Early Be sure that you are fully prepared before any class, assignment, or exam. Create a simple plan of action to help you determine what you need to do to be ready. Start by finding an organizational method that works for you, and always write down the due dates for assignments, papers, or exams. 4 Study Tips for Every Psych Student Consider all the steps youll need to check off (such as research, outlining, writing, and studying) to ensure the task is completed. Next, schedule these tasks into your organizational plan. By writing down these steps, you will be better able to keep track of the things you need to accomplish. 2. Find Ways to Combat Procrastination Putting things off until the last minute can hurt your classroom performance, grades,  learning, and health. While it can be tempting to set aside tasks that seem dull or daunting, procrastination will only create more work for you down the road. Avoid last-minute stress and frustration by finding innovative ways to fight the urge to procrastinate. Try breaking your assignments up into more manageable chunks. Tackling a small portion of a task each day will help you complete assignments on time. 3. Reevaluate Your Study Habits As you begin a new semester, start by taking a serious look at how you study for each class. While your current study habits may be effective, there are always new tips and tricks you can incorporate into your routine to increase the efficiency and effectiveness of your learning. Study Techniques for Psych Class The strategies you use to study may vary depending on the demands of each class you are taking. For example, a statistics class may require more intensive rehearsal and memorization of problems and formulas, while social psychology courses might require more reading and group discussion. Do you know your learning style? Understanding how you learn best will help you plan more effective study habits. For example, if you learn best by hearing information, consider downloading and listening to psychology podcasts. If you learn best by visually reviewing information, read your course texts, notes, and psychology study guides. 4. Do the Required Readings Early Professors generally instruct students to read the assigned chapters before coming to class. While its good advice, students often wait until the end of the given week to do the readingsâ€"or worse, try to read all the material just days before an exam. Get the maximum benefit out of course lectures and discussions by always going to class prepared. Read assigned chapters prior to attending your classes so youre familiar with new concepts. The 8 Best Psychology Books for Students of 2020 During class, ask questions about the readings if something wasnt entirely clear to you. Participate in discussions in order to expand your understanding of the topic and develop richer connections to the information youre learning. 5. Learn How to Write Psychology Papers The ability to write well and communicate effectively is important for success in psychology classes. From lab reports to critique papers, you will be expected to plan, research and write on a wide variety of topics. Writing papers for a psychology course is similar to writing papers for other subjects. Your papers should be well-organized, accurate, and communicate information clearly. Many types of psychology papers follow a specific format. Understanding how to properly format your paper will make the writing and revision process easier. Start by finding an interesting topic, then spend some time researching the subject using psychology journals found in your university library. Finally, always remember to use proper APA format when writing your psychology papers. 12 Rules of APA Format for Writing Psych Papers

Accounting For Classification Of The Lease Agreement With...

Re: Accounting for classification of the lease agreement with Developer Inc. Facts Tech Startup Inc. (â€Å"Lessee†) is entering into a contract with Developer Inc. (â€Å"Landlord†) the rent Landlord’s newly constructed office building located at 15 Tech Drive in San Francisco, CA. The lease term is 10 years, and the estimated life of the building is 40 years. Lessee will occupy all 12 floors of the building. At the end of the lease term, Lessee has the option to purchase the property for $16.25 million. The fair value of the building at the time is expected to be $17 million. Monthly, Lessee will be required to pay $50,000 to occupy the building, plus a monthly supplemental rental cost based on Lessee’s sales (1% of sales). From experience,†¦show more content†¦To classify the arrangement, ASC 840-10-25-29 states that â€Å"If at its inception a lease meets any of the four lease classification criteria in paragraph 840-10-25-1, the lease shall be classified by the lessee as a capital lease.† On the contrary, if none of the criteria is meet, the lease should be classified as an operating lease (ASC 840-10-25-30) ASC 840-10-25-1 presents the criteria the Lessee will consider as part of classifying the lease. Each criterion will be analyzed separately to determine if it meets the classification as a capital lease. ASC 840-10-25-1a states: Transfer of ownership. The lease transfers ownership of the property to the lessee by the end of the lease term. This criterion is met in situations in which the lease agreement provides for the transfer of title at or shortly after the end of the lease term in exchange for the payment of a nominal fee, for example, the minimum required by statutory regulation to transfer title. It is unclear from the criteria if the purchase option established in the lease will meet the transfer of ownership criterion(a). However, ASC 840-10-25-50 details that such purchase option does not satisfy the transfer of ownership criterion, therefore, criterion (a) is not met. ASC 840-10-25-1b states â€Å"Bargain purchase option. 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The Dos and Donts of Mentorship Essay Samples

The Do's and Don'ts of Mentorship Essay Samples The Fundamentals of Mentorship Essay Samples Revealed To get acceptance in any respect levels of the company and to make sure the seriousness of the proposal is taken into consideration, go and talk along with interact with senior managers regarding how coaching can be utilised to shape business outcomes. Be particular with the milestones that you want to achieve in some specific periods. If you're one of them, and you're thinking about a mentoring relationship, you might be asking yourself if it'll be well worth the time and energy. A mentoring action program might be an easy document. however, it sure can offer a great deal of advantages and advantages. Since you're already aware on the best way to develop your own mentoring action program, you've got to stay in mind it is also crucial that you observe the completion of all of the details which you will include in the document. Developing a printable SMART action plan for a mentoring program is just one of the greatest things you may do if you wish to maximize and utilize the advantages and advantages that you're able to receive from the transaction. A mentoring action program, exactly like a restaurant action program, academic plan, and company plans, can offer information regarding the particular call-to-actions that has to be implemented within specific time frames. The Ugly Side of Mentorship Essay Samples 1 profession that may support the idea that mentorship is critical in the workplace is the Nursing career. An effective placement for students Is perceived based on their personal objectives and aspirations. If you begin to see yourself as an unaffiliated individual in society, you will begin to plan ahead to prevent inevitable deadlines. Therefore, it influences the choices individuals opt to venture into. You will likely realize that you can aid your mentor in ways too, so the relationship is reciprocal. Nonetheless, the mentoring program shouldn't be a one-size fit for each and every proposition (Owen, 2011). You will realize that a fantastic mentoring relationship can support you in clarifying your requirements and help you strategize methods to meet your targets. Because most mentoring relationships are mentee-driven, a lot of you may shy away from deciding on a mentor as you're not certain what the partnership entails. There's also group activities that involves the entire program. Tell them your best challenge, and the way you struggled to overcome it. So make sure you understand just what is expected from the both groups. For instance, one group includes both mentors and proteges that are blind. It's possible to observe the a variety of projects which were available here. Irrespective of how successful you've been through your doctoral program, postdoctorate or other interim employment, you will see that university life is extremely different. Once you've already created your mentoring action program, attempt to evaluate how it has affected the mentoring program that you're currently involved in. A mentoring action program may give a notion about the standards that are necessary to be met to be certain that the mentoring program will do the job for the very best benefit of the mentee. Mentoring is a strong development and consent. The web is a sea full of adventure. Student learners are motivated in so many distinct ways, especially when it regards acquiring knowledge and achieving academic performance. Students, particularly if they are on their very first clinical placement, can locate a specialised learning environment intimidating and overwhelming occasionally. Use templates as references if you would like to have a well-formatted mentoring action program. What's more, you should develop a document that contains all the vital details that could positively impact the outcomes of the mentoring. Assess and assess the general document when you have already finalized and put together the content of the mentoring action program. Any documentation and videos about the undertaking will be quite helpful also. It is essential for you to get a routine so you're able to organize all the activities and programs which are going to be accomplished. After six months, you may apply for different positions within Zynga and try a new team or perhaps a new site. Students are intrinsically motivated should they love or enjoy what they're doing even if there's no reward or incentive for it. The test is quite much like a HackerRank test.

Economics Assignment Free Essays

ECONOMICS ASSIGNMENT For a market of your choice, keep track of the spot or share price fluctuations during a period of at least two years. Prepare a report of approximately 3000 words, for each market, discussing in detail the multiple forces (interesting developments) responsible for the trends. Tuesday 24 May 2011 Table of Contents Executive Summary Executive Summary In analysing the consumer market, we have chosen the share prices of two JSE listed companies, namely SABMiller and Rainbow Chicken which belong to the beverages and food producer’s sub-sectors respectively. We will write a custom essay sample on Economics Assignment or any similar topic only for you Order Now Our two-year analysis is for the period March 2009 to May 2011. We will explore how Rainbow Chicken fared relative to its nearest competitor – Astral Foods. SABMiller allowed us to expand our thinking and methodology as the company also has a dual-listing on the London Stock Exchange. Its three closest competitors Heineken, Anheuser-Busch InBev and Carlsberg Breweries have foreign listings. It stands to reason, therefore, that we begin our assignment with an overview of the global context in which both companies operated in the period under review. The aftermath of the recession and changes in global economic indicators like the ZAR:USD exchange rate and the price of Brent crude oil will be examined. What we found particularly interesting was the resilience of both company’s share prices in the challenging global economic climate. We mention the factors that insulated each share from the global downturn. We then turn our attention to South Africa’s economic environment and examine the extent to which the foregoing global factors impacted on South Africa’s macroeconomic policy landscape. The two variables that we pay particular attention to are the local repo and CPI rates. We address the extent to which changes to these local variables impacted on the share prices of SABMiller and Rainbow Chicken. As mentioned in the first paragraph, our analyses consider the industries in which both companies operate by comparing their share prices with those of their nearest competitors. Our company analyses focus on internal considerations and the strategic objectives detailed in SABMiller’s and Rainbow’s annual reports for the 2009 and 2010 financial year ends. In our analyses of each company’s share price, we remain mindful of the fact that, although not directly responsible for the share’s daily performance, the objectives and calibre of management nevertheless impact on the share price. We conclude each analysis with a justifiable prediction of the expected trajectory of each company’s share price. The concentric eclipses in the diagram below depict the logical progression of our assignment’s structure, beginning with the outer-most eclipse. The diagram also shows the inter-relatedness of each eclipse relative to the other and how it is impossible to isolate the effects of one from the other. This reinforces the aphorism that: â€Å"in Economics everything is related to everything else; and usually in more ways than one. † The Global Environment [pic] Source: www. eia. doe. gov The price of Brent crude oil has been steady at an average level of $70 to $80 a barrel until November 2010. Since December 2010, the oil price has been rising, reaching a peak of $120 / barrel in April 2011. This has been partly due to uprisings in the Arab world, which holds the majority of global oil reserves. The oil price affects domestic inflation as fuel and energy are a major component of South Africa’s CPI basket. The price of petrol, which is based on oil prices, also raises logistical costs. SABMiller and Rainbow paid more to transport their products in the December 2010 to May 2011 period as a result of the spike in oil prices. It stands to reason that these higher transportation costs would be passed on to consumers as higher product prices by both companies. pic] Source: www. xe. com The graph above shows that the Rand has been strengthening relative to the US Dollar from 1USD:10ZAR to 1USD:6,3ZAR between March 2009 and May 2011. The strong rand has had a favourable impact on our terms of trade as can be seen from the self-explanatory graph below which depicts the Balance of Payments. The company analyses below reveal that SABMiller exports and imports a number of its brands across the world. Rainbow Chicken imports the soy component of its chicken feed wholly from Argentina. The rand’s strength impacts on both companies’ performances (and hence) their share prices favourably. [pic] [pic] Source: www. resbank. co. za The South African Environment Domestic interest rates [pic] Source: www. resbank. co. za The graph above shows that the Reserve Bank’s stance to monetary policy has been expansionary. This is shown by the gradual decline in the repo rate from 9,5% in March 2009 to its current level of 5,5% in May 2011. The Reserve Bank’s mandate is to keep the inflation rate within its target band of 3% to 6% and it uses the repo rate as the instrument with which to impact inflation. The Reserve Bank’s lowering of the repo rate is due to the CPI breaching its upper target limit of 6%. This is shown in the graph below. There is a positive relationship between the repo rate and CPI. It stands to reason, therefore, that the gradual lowering of the repo rate would be accompanied by a decline in the CPI rate. This is indeed the case. However, because of lags, the effect of a fall in the repo rate on the inflation rate is not reflected immediately and the CPI remains significantly above the upper limit. A fall in the repo rate eases pressure on consumers by raising their disposal incomes since they, theoretically, spend less on their credit commitments. All things being equal, this would raise the sales volumes of SABMiller’s and Rainbow’s products. Domestic Inflation [pic] Source: www. statssa. gov. za The graph above depicts the trend in inflation. It is clear that although the inflation rate has been on a downward trajectory (following the lowering of the repo rate) it was in breach of the upper limit of 6% from March 2009 to Oct 2009. It was within the target band in November 2009 but breached the upper limit again between December 2009 and February 2010. The latter breach is attributable to the market’s inflation expectations because of the steep increase in electricity tariffs during this period (www. eskom. co. za). As mentioned previously, the biggest components of South Africa’s CPI basket are food and fuel and the graphs below will be used to explain the impact of inflation on SABMiller’s and Rainbow’s performance specifically. CPI indicator relevant to SAB Miller pic] Source: www. statssa. gov. za This graph shows that inflation for alcoholic beverages has not only been consistently higher than the upper limit of the inflation target band, it has also been significantly higher than the country’s inflation rate. This is due to the fact that a major component of the price of alcohol is a â€Å"sin tax†, which is imposed by the finance ministry, because of the relative ly inelastic nature of the price elasticity of demand for alcohol as well as irresponsible and excessive consumption patterns. For some consumers, even a sharp increase in the price of alcoholic beverages does not result in a fall in the quantity demanded. There would, in all likelihood, be a shift away from the consumption of relatively more expensive alcoholic beverages towards relatively cheaper alcohol – not a complete cessation in the consumption of alcohol. This is one of the reasons that SABMiller’s share price has shown steady gains relative to the market. CPI indicator relevant to Rainbow Chicken [pic] Source: www. statssa. gov. za Consumer food price inflation decelerated sharply from December 2010. It is also interesting to note, that between January 2009 and January 2010, the prices of wheat fell by 24,58%, maize by 22,57% and sunflower seeds by 18,49% (www. finweek. co. za) Decreases in the prices of these staple foods has a positive impact on the poor as they spend 33,4% of their incomes on food; versus the rich who spend a mere 2,6% of their incomes on food. Poor people consume relatively more chicken than red meat because the latter is relatively more expensive. Chicken is the cheapest form of protein in South Africa and demand for it is high (www. astralfoods. com). Furthermore, the above staple foods are used as chicken feed which is a significant input cost for Rainbow Chicken, therefore the company has had cost savings because of bumper crops and the consequent price decreases in these commodities. The table on the following page clearly accounts for the nearly vertical decline in the graph above which shows food price inflation. [pic] Source: www. resbank. co. za GDP – South Africa [pic] [pic] Source: www. statssa. gov. za The graphs above show that South Africa was in a recession in 2009, as defined, because of the two consecutive quarters of negative GDP growth. Our recovery from the global recession was due to the fact that we had a low exposure to the sub-prime market crisis that was responsible for the global meltdown. Our banking and macroeconomic policies remain robust. The growth in the economy from the third quarter of 2009 is also due to infrastructural investments that were made for the 2010 Soccer World Cup as well as South Africa’s contributions to the BRIC emerging markets bloc – especially our trade with China. It is expected that our formal inclusion to the BRICS nations since April 2011 will maintain the upward trend in GDP (www. lobalsherpa. org). Positive GDP growth has a positive impact on the performance of SABMiller’s and Rainbow’s shares. In a boom everyone does well. SABMiller, in particular, has a presence in all five BRICS nations and is poised for growth as emerging market economies have overtaken developed economies in their contributions to global GDP. We now examine SABMiller’s s hare price in more detail and then turn our attention to Rainbow Chicken in light of the foregoing discussions on the global and local environments. Analysis of SABMiller pic] SABMiller is a global operation covering 75 countries on six continents and employing over 70 000 people. Its portfolio of businesses is divided into six regions and is well balanced between developed and emerging markets. Between them, the businesses produce over 200 different brands and sell 213 million hectoliters of lager a year. Since listing on the London Stock Exchange 10 years ago the company has grown substantially and has a market capitalisation of ZAR 419,837,700,000 on the JSE and GBP 36,099,310,000 on the LSE. The company’s markets range from developed economies such as the USA to the fast growing BRICS economies (SABMiller Annual Report, 2009). SABMiller is also the number one bottler of soft drinks for The Coca Cola Company. The breweries market can be seen as oligopolistic in nature since SABMiller and its three main competitors (Heineken, Anheuser-Busch InBev and Carlsberg) are the dominant players in the market and have significant market share amongst them. The oligopolistic market structure has a positive impact on the company’s operations and share price performance. In North America, SABMiller (through its strategic partners) is the second-largest brewer in the United States and owns nearly 30% of the US beer market. In Latin America, it is the number one brewer by market share. In the majority of the ten European countries in which it operates, the company is the number one or number two brewer by market share. The same holds for Africa and Asia. In the 2009 annual report Mayer Kahn, the Chairman of the Board, stated that the global brewing industry was expected to continue to consolidate and that participation in industry consolidation provides opportunities to enter growth markets and to create value from scale benefits. The graph below shows SABMiller’s share price relative to its three main competitors. It is clear that all four companies’ trajectories have moved in tandem but Carlsberg’s share price has significantly taken the lead with SABMiller in second place. At the turn of the century, the top 10 brewers accounted for just over one-third of global beer sales volumes. The past decade has seen a rapid consolidation, resulting in the top four brewers – Anheuser-Busch InBev, SABMiller, Heineken and Carlsberg – accounting for almost 50% of beer sales volumes and up to 75% of the global profit pool. (SABMiller Annual Report, 2010) [pic] Source: www. heineken. com Mr Kahn attributes the company’s good results (in both 2009 and 2010) to the operational strengths of the businesses and the power of their leading local brands. He concedes that even though SABMiller was not immune to the global crisis, beer is a fairly resilient product which placed the company in a better position than many to weather the storm. He goes on to say: â€Å"Thanks, partly, to our long experience of emerging markets, we are used to operating under difficult conditions. If we look back ten years to our London stock market listing, it is worth remembering that the Asian currency crisis at that time had shaken investor confidence in emerging markets and that the outlook was far from encouraging. Nevertheless, we prospered and grew and achieved the international expansion that our listing was intended to facilitate. Ten years on, our geographic spread is proving to be an advantage in that different countries are affected by the crisis at different rates and to differing degrees. So while demand in Europe has dropped sharply, countries in emerging markets such as Africa and Asia have fared relatively well despite falling back from the high – one might say unsustainable – rates of growth of recent years. † SABMiller Annual Report, 2009 In short, SABMiller’s diverse spread of businesses, strong market positions, and a portfolio of leading brands mitigated against the risks and negative consequences of the global downturn and contributed to the steady upward momentum in the share price. In response to the mismatch between the supply of, and demand for, certain brewing and packaging raw materials in Africa, the company is increasingly using locally grown crops such as sorghum and cassava to produce affordable brands. This is done to minimise supply shortages and the price volatility of key raw material inputs. Continued robust pricing and productivity enhancements offset increased commodity costs (SABMiller Annual Report, 2010). It comes as no surprise, therefore, that the combination of the above factors resulted in a steady upward trend in the company’s share prices on both the London and Johannesburg bourses in the period under review as seen in the graphs below. [pic][pic] Source: www. sabmiller. com In 2010, Mr Kahn had similar good news for investors, citing the same reasons as for 2009. However he mentions the company’s management team as being a key contributor to the positive results: This year, in addition, we have benefited from management’s ability to reduce costs and selectively increase prices in order to maximise revenues†¦Ã¢â‚¬  Source: SABMiller Annual Report, 2010 In the third paragraph of our Executive Summary, we mentioned that the management of any company is not responsible for the share price. However, in fulfilling its primary objective of maximising shareholder value, the credibility of and strategies employed by management invariably have an impact on the share price. It would appear that the management and directorship of SABMiller are market-friendly. The members of the executive team are representative of each of the continents in which the company operates; with Mr Cyril Ramaphosa and Dr Dambisa Moyo as the notable representatives for Africa. Other market-friendly strategies include the December 2009 announcement that 8. 45% of the shares in SABMiller’s South African subsidiary, The South African Breweries Ltd (SAB), would be placed under Black ownership as part of its commitment to Broad-Based Black Economic Empowerment in South Africa. This transaction created 40,000 new shareholders among SAB employees and qualifying retailers. The deal also created a charitable foundation that holds 18% of the shares that were issued under the transaction. The dividend income will be used for the benefit of the wider South African community (SABMiller Annual Report, 2010). The company also capitalised on the strength of emerging markets (particularly in China and Africa) by channeling its growth strategies to these markets. â€Å"Globally, the beer market grew by 1. 5% in 2010, led by a continuing strong performance in Asia, Africa and Latin America. China grew by 6. 5%, Africa by 3. 1% and Latin America by almost 3%. Western Europe continued the trend of declining beer volumes, driven by a shift in consumption to other beverages and the decline of on-premise consumption. † Source: SABMiller Annual Report, 2010 In the 2010 financial year the company acquired four new breweries in China, invested in new breweries in Tanzania, Mozambique, Angola and Southern Sudan and carried out expansions and upgrades in Uganda and Zambia. The trends in the graphs depicting SABMiller’s share price on both the London and Johannesburg Securities’ Exchanges (given above) require no further explanation. With good management being both a contributory factor to and a consequence of the share’s strong performance, it is reasonable to conclude that the positive momentum will continue. [pic] Analysis of Rainbow Chicken [pic] Rainbow Chicken Limited is the largest processor and marketer of chicken in South Africa. It is a fully integrated broiler producer that breeds and rears its own livestock which it feeds from its own feed mills. Rainbow processes, distributes and markets fresh, frozen, value-added and further-processed chicken. The company has a market capitalisation of ZAR 6 124 893 000 009 was a very challenging year for the South African poultry industry, both locally and globally. The local chicken industry was negatively impacted by the fall in demand due to the recession. An oversupply by local producers and increased imports due to the strong rand also added to the industry’s woes. These difficult market conditions were a further test of Rainbow’s differen tiated brand strategy, which through its foodservice and consumer brands, seeks more consistent, profitable and sustainable business (Rainbow Chicken Annual Report, 2009). Despite these challenges, Rainbow managed to deliver an acceptable overall performance. Positive performance, like a rally in the share price, is a function of several variables and while we can make inferences about the correlation between the two, we make no such inferences about their causality. Like SABMiller, Rainbow’s Black Economic Empowerment transaction (which was concluded in July 2008) was market-friendly and boosted the company’s share price. Rainbow provided vendor financing for a 15% equity stake that was issued to a consortium that was constituted by its employees, Imbewu Consortium, Ikamva Labantu, and Mrs M Nhlanhla, a non-executive director. The BBBEE transaction resulted in the share price rallying from R12. 0 to R16. 80 in the latter period of the second quarter of the 2009 financial year as shown in the graph on the following page. 2010 was an equally challenging year for Rainbow but its effects were mitigated by South Africa’s steady recovery from the recession, a lower interest rate and inflationary environment. Maize prices d eclined since their peak in July 2008. The global financial crisis caused a dramatic decrease in the demand for maize, improving the previously dangerously low US and global maize stock situations to such an extent that international prices fell sharply from their record levels. Rainbow Chicken, Annual Report, 2010). The fall in maize prices, which is a major component in chicken feed, resulted in a reduction in the company’s input costs which boosted the bottom line. Local producers added significant production capacity for wheat, grain and soy over the past five years. Rainbow imports the soya component of its chicken feed from Argentina and it has a significant FOREX exposure. The strong rand, however, in the period under review, has been in the company’s favour. The company’s 2010 annual report reflected acceptable profit margins. In both 2009 and during 2010, the company’s share price maintained its upward momentum as reflected in the graph below. [pic] |Key Features – Rainbow Chicken Share Price | |Year |Low |High | |2009 |11500 |16800 | |2010 |15900 |16900 | The graph and table above confirm the findings in the preceding paragraphs. Although the difference between the year’s highest share prices is negligible, South Africa’s economic recovery may be gleaned from the fact that the lowest share price for 2010 was 4400c above the 2009 low. Consumer’s disposable incomes were higher in 2010 because of falling interest and inflation rates. Falling input costs and increased consumer demand increased the appetite for the company’s shares as investors’ expectations of earning better returns were supported. Other events that led to sharp movements in the company’s share price include the market’s speculative expectations immediately prior to the announcement of the group’s 2009 results. After the results were announced, the share price dropped to R13. 90 because of the 39. 6% decline in headline earnings. The reason for this decline in earnings can be attributed to the company’s policy of buying feed products forward. The share price stabilised for the remainder of 2010 due to an increase in the multitude of families that joined the ranks of South Africa’s middle class. As the middle class grows in size, so the taste of chicken diversifies allowing entrepreneurs to come up with new ways of marketing chicken to end consumers. We now turn our attention to Rainbow’s competitor, Astral Foods, to get a better idea of the South African poultry industry before making conclusions about how justifiable a continued rally in Rainbow’s share price is. Astral Foods is Rainbow Chicken’s nearest competitor. The company holds investments in subsidiary and joint venture companies. Its primary activities are animal feed pre-mixes, the manufacturing of animal feeds, broiler genetics, the production and sale of day-old broiler chicks and hatching eggs, integrated breeder and broiler production operations, abattoirs and the sale and distribution of various key poultry brands. Its current market capitalisation is R5,5 bn (www. moneyweb. co. za) Despite a 5% drop in sales volumes, revenue for Astral Foods’ poultry division increased by 13% for the 2009 financial year. (Astral Foods Annual Report, 2009). The market was neutral about the appointment of Chris Schutte as the Chief Executive Officer, effective 1 May 2009. The share price was also not responsive to the appointment of Daan Ferreira as the Financial Director. This may be because it was not perceived to be mindful of BBBEE. The improvement in Astral Foods’ revenue for the 2010 period was largely attributable to a sustained growth in volume. The volume growth was on the back of improved production results supported by better poultry health status. Depressed consumer spending, together with higher levels of imports and high local stock levels, contributed to vigorous promotional activity with prices at levels below historical levels. Reduced feeding costs during the period countered the effects of lower poultry selling prices. A lengthy period of industrial action at Earlybird Standerton negatively impacted the company’s share performance. (Astral Foods Annual Report 2010) |[pic] | |The graph above shows the steadily upward trend in Astral Foods share price. Not surprisingly, it follows a similar pattern to Rainbow | |Chicken’s share price – with pronounced sell-offs in the first and second quarters of 2009 and improvements thereafter. This pattern | |provides comfort because of the consistency of both company’s responsiveness to events in the poultry industry. It would be concerning if | |the companies had different trajectories. The consensus amongst analysts is that the South African poultry industry is poised for | |significant growth given that the price of chicken has risen by 30 per cent year-on-year while the cost of feed has come down. We | |anticipate that Rainbow’s share price will maintain its upward trend. | | | BIBLIOGRAPHY 1. Astral Foods Limited Annual Report, 2009. www. astralfoods. com 2. EIA Independent Statistics and Analysis, US Energy Information Administration, www. eia. doe. gov 3. www. eskom. co. za 4. www. finweek. co. za/Economy/Food-inflation-still-a-concern-20100301 5. www. globalsherpa. org/china-africa-brics 6. www. heineken. com 7. www. moneyweb. o. za 8. Rainbow Chicken Limited Annual Report, 2009 and 2010, www. rainbowchicken. co. za 9. Reserve Bank Quarterly Bulletin March 2011,www. resbank. co. za 10. SABMiller PLC Annual Report, 2009, www. sabmiller. com 11. SABMiller PLC Annual Report, 2010, www. sabmiller. com 12. Statistics South Africa, Statistical release P0141, www. statssa. gov. za 13. www. xe. com [pic] ———————– Economics Assignment 2011 GLOBAL ENVIRONMENT LOCAL ENVIRONMENT INDUSTRY / COMPETITORS COMPANY SHARE PRICE How to cite Economics Assignment, Essay examples

Muammar Al Qaddafi Essays - Islamic Socialism, Libya,

Muammar al Qaddafi Muammar al Qaddafi is a very dangerous man. He promotes terrorism, and radical causes. He is committed against the U.S, and will help almost anyone who is also against the U.S. He is very intelligent and crafty. In 1969 he led a coup against the Libyan government. He succeeded, and became head of state. He is a devoted Muslim. Qaddafi is a person to be read about and learned about. As I mentioned above, one of his greatest successes was leading a bloodless coup against the Libyan monarchy. He became head of state. He is still in power today. Another success is that fact that most Libyans lead good lives. All Libyans have a house or an apartment, a car, and most have televisions, phones, and recording equipment. The young people are well dressed and fed. He has survived many coup attempts against him. His face and picture are in most buildings in Libya. He always was devoted to school as a kid. He would take a long hike from the desert to school. He would come home only every Thursday, the beginning of the Muslim weekend. Then he would go back to school. He was the first in his family to be well educated. One of his first goals when he was a child was to join the Libyan army. He slowly moved up in rank. It was surprising they even let him in the army; he had a long police record. He eventually joined the King's police. This was when the idea of a coup attempt came. He did succeed. Qaddafi was born in a tent in the desert 20 miles south of the sea. This is a desolate place- burning hot in the summer, and freezing cold in the winter. Most people would consider this place to be uninhabitable. His father was at the bottom of social level in this very poor country. The name of tribe Qaddadfa means in Arabic, " Spitter or vomiter of blood." In Qaddafi's early years, in the 1940's there were tank battles in the desert and thousands of bombing raids by Germans in Libya. Besides this, in the 1920's the Italians under Mussolini had conquered Libya for the second time and had killed large numbers of women, children and old people. They trampled on copies of the Koran, threw men out of airplanes and raped and disembowelled women. So the Libyans of Qaddafi generation grew up full of hatred and misery. All this helps to explain his mental state. In 1970 Qaddafi and his foreign minister travelled to the Arab countries to try to get them to agree to attack Israel because he felt he was he was a real leader for all Arabs. He supported the use of terrorism. At that time he was friendly with the Egyptian leader Nasser, but after Nasser died the new Egyptian leader Anwar Sadat did not like Qaddafi and thought he was sick and possessed of the devil. When Qaddafi went to Egypt in 1973 he lectured the Egyptians that women should stay in the home and that everybody should behave like strict Muslims. The Egyptians didn't like this because they were more liberal. So the visit was a disaster. But Qaddafi really believed that the masses of Egyptian people were with him so he organized 20,000 Libyans to march to Cairo and he thought they would be joined by Egyptian people. The Egyptian government blocked all the roads between Libya and Egypt with railroad carriages, and allowed only a tiny group to go to Cairo. The same thing happened when Qaddafi went to Tunisia and spoke at a rally and told the people to unite with Libya. The president of Tunisia was listening at home on the radio and rushed to the rally, grabbed the micro phone, and "trashed" Qaddafi's unity idea, so to speak. These setbacks made him pull away from dealing with established governments and deciding to support revolutionaries including the IRA, and Black Power move- ments, and all Palestinian terrorists. In the beginning of his power, he used to drive around town in an old battered-up Volkswagen, and pick up groceries. But after many coup and assassination attempts, he gradually disappeared from public life. After the raid of U.S troops in 1986, he was seldom heard from. There were many rumors such as that he was dead, or deposed in a coup, or under mind- controlling drugs. Libyans told U.S reporters that they no longer had cash or food. Slowly Qaddafi

The Voice Within - Critical Analysis essays

The Voice Within - Critical Analysis essays I felt that this song was explicit in its dealings with experience, as it focused generally on the ideas that one can only truly trust ones self when times get rough, and that it is through fighting through your bad experiences that you come out stronger. Innocence was portrayed mostly through symbolism and the repetition of the idea of the young girl. Also, the song drew parallels within itself, so as to depict the journey from innocence to experience, in self-reference. Experience was explored in the text through various vehicles, and in its various manifestations. The idea that the world has fallen in line two, expresses a sense of total misery and vulnerability. It is only through an awful or a series of awful experiences the world. Also, the line is very similar to the idiom ones wall is falling. The similarity draws the audiences attention to the idea that the subject is exposed to the adversities of the world, without any protection or salvation. In line four, the words, youll soon be free to fly evoke images of a soaring eagle, which is a very powerful symbol of experience, and of overcoming the experiences which may have prevented one from succeeding in their pursuits. I felt that the next stanza and the fifth stanza were poignant in their scrutiny of innocence, and paralleled each other befittingly. I felt that the idea of dreaming and the concept of nothing is harder than it seems reflected the childlike concepts that most people lose with maturity in both age and practise. Thus the image evoked is the young girl figure we have become aquatinted with, in the fantastic state of naivety. In the fifth stanza, we look to reality rather than fantasy. ...in a world where innocence is quickly claimed we see that the experiences of reality are so far removed from the ideal dream world of the young girl, that she has no choice but to accept re...

What you need to know about medical student mentors

What you need to know about medical student mentors No matter what field you’re in, mentorship is one of the most important factors in your early career. A study of private sector mentorship shows that mentorship (having junior employees develop a professional relationship with more senior employees) is a crucial way to develop employees and build leadership skills. And when you’re in a highly specialized, high-pressure field like medicine, that mentorship becomes even more valuable. What does a mentor do?Med school will teach you what you need to know about the science and practice of medicine. It teaches you the theory, the ins and outs, the blood and guts. That part doesn’t change, whether you have a mentor or not. What a medical mentor does is offer you the practical side of that knowledge- someone who’s been where you are now, showing you what it’s like to put your education into everyday use.A mentor can help you with those transitional steps between med school and full-fledged practice, talkin g you through applying for jobs, preparing for residency interviews, dealing with the stress of the job, dealing with setbacks in med school and out in the field, and helping you find your specialty. A mentor may be a cheerleader- but more importantly, he or she is someone who has your professional interests at heart and wants to help you build a successful medical career. That may involve some tough talk or recommendations that aren’t easy, but are necessary.Why you need a mentorNo one transitions from school to career without loads of questions. What do I do next? Am I doing this too early/too late? What if I fail a class? What is it going to be like once I graduate? And sure, you can probably cobble that information together from the Internet. But don’t discount the benefits that come from a face-to-face (or voice-to-voice) relationship with someone who already has that knowledge. School can feel isolating, especially as you start to make Big Deal career decisions, so having a go-to relationship where you can ask questions and get honest real-world feedback is extremely helpful.As you make choices about your future career, you want to make sure you’re making informed ones. Having a source of feedback and help can prevent you from making those decisions in a vacuum and then coming to regret them later. Having someone to say, â€Å"Look, here are some hard lessons I learned when I chose to become an internist,† is a major asset if you’re thinking about going down that path, as well.How to get startedIf you’re a med student, you can always try to match to a doctor in your field of interest to act as a mentor. But don’t discount other health professionals who can provide that essential perspective. For example, nurses are in the trenches with doctors and are responsible for providing much of the direct patient care. They can provide precious insight into what it’s like to work with patients, what you can e xpect to see every day, and how to do basic and essential procedures. They also work closely with physicians and very likely have a solid perspective on what makes a good doctor vs. a not-great doctor. If you’re looking for guidance on the practical aspects of the job, you want it from someone who does it (and does it well) day in and day out, regardless of the degree that person has.If you want someone to help you with some of the more administrative aspects of being a doctor (like passing exams, the application process, interviews), then you’ll want someone who’s been there- a physician or an administrator. Keep in mind that you’re not limited to just one mentor throughout your career; you can get super-valuable help from different people on different career aspects.Your mentor can be someone you shadow in the workplace, but don’t feel confined to that box or to your own residency program, if you’ve already started one. Your mentor could b e someone you consult on the phone or via email/chat/FaceTime/your preferred digital platform.If you’re interested in finding a mentor and role model, there’s no time like med school to get that started. That’s not to say that you can’t find one later when you’re already settled in a residency or other job and a great mentoring opportunity presents itself. But like just about all career planning, it’s best to start as early as you can. Things aren’t going to get any easier as you prepare to graduate, and this special kind of networking is best done when you have time to develop a relationship with your mentor.How to find the right mentorLike any kind of networking, the place to start is thinking about who you know already. You can ask your faculty advisor if they know anyone who might be a good fit for the kind of mentor you need. There’s also good old online research, if you’re looking for a very specific type of mentor . And if you’re feeling truly stuck on how to get the mentor-mentee process underway, the American College of Physicians (ACP) has a mentor matchmaking database that you can register to use.Know what you want in a mentor. Do you want someone with a particular research interest? Someone with specific technical expertise? Do you want to know what the everyday life is like for a thoracic surgeon? Before you start reaching out, know what you want to get out of the relationship.Make sure you’re asking the right questions. Think of it like an interview for your mentor (though obviously, be respectful of their authority in the field and the time they’re taking to speak with you). But in the course of conversation (or in email), feel free to ask them questions like how they chose their specialty, what brought them to medicine, what their own goals were when they were in your position, and what their biggest professional challenges have been. Come up with a list of quest ions in advance before you talk to your potential mentor.Keep an open mind. You may find that a potential mentor is great at talking you through exam prep, but not great at helping you find job openings. Or she can offer brilliant insight on research, but not necessarily the day-to-day questions you have. 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