Essay On Aerys - 992 Words

Harrenhal was a flurry of activity as Lords, Ladies, and knights from all over the seven kingdoms arrived to take part in the festivities. Arthur had been to plenty of tourneys before and competed in most of them, but he’d never been to one as grand as this. Lord Whent had pulled out all the spots for the occasion. It, certainly, wasn’t an event to be missed and Arthur was thankful Aerys let him and several of his brothers attend. The throngs of people bustled around him as he accompanied Rhaegar through the dirt paths of the encampment as he made his way towards the great castle. Perhaps a bit too crowded for the Prince to be accompanied by one Kingsguard, but Rhaegar could handle himself in the situation called for it. Not that Arthur†¦show more content†¦A shout split through the air behind him causing her jade eyes to snap in the direction of the noise. Her hard expression softening as her eyes landed upon him as a grin snuck its way onto her lips. He found himself smiling, broadly in return as their eyes met. Words they couldn’t say conveying a silent promise, one that held the hope of seeing each other soon. No doubt Alayna would find herself in Elia and Ashara’s company before too long. With any luck, he might catch her at the feast tonight. She offered him a short nod before she tore her attention away from him and continued on with her companions towards their destination. His violet gaze lingered after her until an elbow dug into his side. The Dornishman leveled a glare at his prince, who smirked knowingly. â€Å"Lady Alayna looks as lovely as ever.† The dragon prince commented as they resumed their journey. Arthur jerked his head in agreement but kept tight lipped in regards to his views upon ‘the Wildflower of the Reach’. Rhaegar quirked an eyebrow in the kingsguard’s direction. â€Å"Don’t pretend you don’t think of her more often than not. You haven’t been the same since she left.† â€Å"I don’t know what you’re talking about.† Arthur denied, tensely, hoping his friend would drop the topic. Couldn’t Rhaegar remember they were in public and that Arthur, himself, was bound by the vows he’d swore when he joined the Kingsguard? Not everyone could life as freely as the prince. RhaegarShow MoreRelatedThe Tempest By William Shakespeare1640 Words   |  7 Pages the court masque that Prospero conjures for Miranda and Ferdinand is for their entertainment—the latter even claims: and rather than imprison his captives, he lulls with a stupefying charm (5.1.11). Contrastingly, Prospero also colludes with the aery spirit Ariel and raises a colossal tempest to bring ruin on his enemies. But â€Å"Shakespeare is not saying†¦ that Prospero is an evil magician when he conjures Ariel and raises a storm† (Grant 9). The evil or â€Å"black† magic was plainly wielded by SycoraxRead MoreRay Bradbury s Fahrenheit 4514443 Words   |  18 Pagesassassinate Caesar during a Senate meeting. A Game of Thrones reflects this because when Westeros was rules by Aerys Targaryen, also known as â€Å"The mad king,† there was a rebellion to overthrow him. Aerys devised a plan to burn the entire city down rather than be defeated. Because of Aerys’s insanity and plan to destroy the city, Jaime Lannister who was part of the kingsguard, killed Aerys. He was branded with the name â€Å"Kingslayer† for his actions, but did it to protect the city. Bot h characters areRead MoreUrbana at Feliza10754 Words   |  44 Pagesgenerations of readers. At present, the work is alive in various textbooks in Philippine literature as a significant nineteenth-century text that promoted good manners and right conduct among its readers. But as a cultural artifact, except in some critical essays, the book is treated fondly as a quaint anachronism from a bygone era, and is to be studied as part of a long forgotten past with its system of values and beliefs. However, as late as 1938, when the last edition of the book was published, a number

No Amount Of Monetary Resources A Transition Away From...

For serious environmental change to be feasible, a transition away from fossil fuels, and towards renewable energy is required. To achieve this goal, deep and fundamental institutional changes are necessary. The main institutional obstacle that is blocking a transition to renewable energy is the oil sector. This sector is no small obstacle because it has deep pockets, and it is deeply enveloped in every developed country in the world. Per Muzio, natural gases make up an ever-increasing part of the world economy, and a staggering 41 percent of the energy sector [Source Muzio]. This huge amount of monetary resources creates a twofold problem. First off, it gives oil corporations the ability to fight any legislation that harms their profits, which inherently means blocking any new legislation that would benefit renewable energy. The second problem is that because the oil sector occupies such a large base of the economy, any country that willingly moves away from fossil fuels is sacrific ing a large chunk of potential income, as well as a huge amount of jobs. There is also the problem that the energy requirement of every country must be fulfilled. As of 2016, renewable energies do not consistently fill these requirements [source Muzio]. There are a few countries that are geologically blessed that can, in the foreseeable future achieve independence from fossil fuels through a diversity of renewable energies such as Finland, but they are currently in the minority [Source ees]. ForShow MoreRelated The Pros and Cons of Ethanol as a Renewable Source of Energy5374 Words   |  22 PagesI. Introduction One of the most hotly contested debates in today’s realm of environmental concern is how to secure energy for the maintenance and improvement of quality of life in the future. 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Efficiency Ratio of Investers

Question: Describe about the Report for Efficiency Ratio of Investers. Answer: 1.Rate of return on total assets = Net income/ Average total assets = 4362/ ( 29935 + 28045)/ 2 = 15.05 % Rate of return on ordinary shares = Net income/ Number of shares = 4362/7200 = 60.58 % Profit Margin = Net income/ Sales = 4362/ 55000 = 7.93 % Earnings per share = (Net Income Dividend on preference share)/ Number of shares = (4362 50)/ 7200 = 59.89 c Price earnings ratio = Market price of share/ Earnings per share = 12/ 0.59 = 20.04 Dividend yield = Earnings per share/ Market price of share = 0.59/ 12 = 3.13 % Dividend payout = Dividend per share/ Earnings per share = (2702/ 7200)/ (0.59) = 62.66 % Current ratio = Current assets/ Current liability = 12745/ 5780 = 2.21 Quick ratio (acid ratio) = ( Cash equivalent + account receivables)/ Current liability = (1645 + 4100)/5780 = 0.99 Receivables turnover = sales/ average Account receivables = 55000*2/ (4100 + 3675) = 14.15 Inventory turnover = sales/ average inventory = 55000*2/ (7000 + 6930) = 7.90 Debt ratio = Total debt/ total assets =15720/ 29935 = 53 % Times interest earned = EBIT/ Interest = (7830/ 1560) = 5.02 Asset turnover = Sales/ Average total assets = 55000/ (29935 + 28045)/ 2 = 1.90 (Chand, 2015) From the profitability ratios calculated, it can be seen that the profit margin of the company, earnings per share are higher than the industry averages. Thus the company is performing better than the competitors in terms of profitability and should work on ways to improve on return on total assets. In terms of liquidity, the current ratio and the quick ratio of the company is less than the industry average i.e. the company has less current assets and quick assets to clear the current liabilities which makes the company riskier. The company should increase the cash and thus its liquidity to pay the current liabilities efficiently. (Chand, 2015) The financial gearing is used to compare the debt and equity of the company and how much financial leverage the company has. It can be seen that the debt taken by the company is much higher than the prevalent industry averages which makes it riskier and cost of financing increases. Thus the company should reduce the dependency on long term debt and increase equity in the company. 2. Asset is something that can owned by the business. In the case of restaurant, the chefs are salaried employee and hence not considered assets. However if the company can bind the chef into a contract then the chef can become an intangible asset to the company. The value of the chef can be calculated by using the additional profits the company can generate due to the work done by the chef and taking the period of the contract into consideration to calculate the present value of the future cash flows. (i) Manager of human resources: The manager can use the accounting information to calculate the productivity of the company and understand the reasons how it can be improved so that the employees are motivated so that the firm can be more efficient in using its resources. Also the manager can use the accounting information to calculate the payroll and compare across industry to have understanding how the firm is performing within the industry. (ii) A factory manager: The factory manager can use the accounting information to find the inventory the company has and understand if the company is able to sell goods and determine the demand based on the inventory turnover ratio. The manager can also check the increase in cost of raw material, overhead cost, labor cost and find ways to keep them in control. (iii) The management team of an Australian Football League (AFL) club: The management team can use the accounting information to find out the amount of cash the club has and the players it can afford and prepare budget for the tournament it needs to play. They can understand the performance of the club in the past years and check if they have been making a profit or a loss and take corrective steps. (iv) The manager of a second-hand clothing charity: The manager of a second-hand clothing charity can use the accounting information to find out the money they were able to generate from the previous year and if their performance has improved or declined and can also find hoe much revenue it needs to generate to remain profitable. (Accounting Simplified, 2013) C). Purchase equipment for cash: In the Statement of financial position, the cash in the assets will decrease and non current assets will increase. The total assets will remain unchanged. In the cash flow statement cash will decrease. The Statement of financial performance will remain unchanged. Provide services to a client, with payment to be received within 40 days: In the Statement of financial position, the account receivables will increase and hence the total assets will increase. The income will increase and hence the equity. The Statement of cash flow will remain unchanged. Pay a liability: In the Statement of financial position, the cash will decrease from assets and account payable in liability will decrease. In the cash flow statement cash will decrease. The Statement of financial performance will remain unchanged. Invest additional cash into the business by the owner: In the Statement of financial position, the assets will increase and the equity will increase. In the cash flow statement cash will increase. The Statement of financial performance will remain unchanged. Collect an account receivable in cash: In the Statement of financial position, the account receivable will decrease and the cash will increase. Total asset will remain unchanged. In the cash flow statement cash will increase. The Statement of financial performance will remain unchanged. Pay wages to employees: In the Statement of financial position, the cash will decrease from assets and account payable in liability will decrease. In the cash flow statement cash will decrease. The Statement of financial performance will remain unchanged. Receive the electricity bill in the mail, to be paid within 30 days: In the Statement of financial position, the account payable in liability will decrease and expenses will increase in the income statement reducing retained earnings in the equity. The Statement of cash flow will remain unchanged. Sell a piece of equipment for cash: In the Statement of financial position, the assets will decrease and the cash will increase. Total assets will remain unchanged. In the cash flow statement cash will increase. The Statement of financial performance will remain unchanged. Withdraw cash by the owner for private use: In the Statement of financial position, the equity in the decrease and the cash in the assets will decrease. In the statement of cash flows, the cash will decrease in the financing activities. The Statement of financial performance will remain unchanged. Borrow money on a long-term basis from a bank: In the Statement of financial position, the long term liability will increase and the cash in the assets will increase. In the statement of cash flows, the cash will increase in the financing activities. The Statement of financial performance will remain unchanged. References White Claire. (2015). Why are efficiency ratios important to investors. Retrieved from https://www.investopedia.com/ask/answers/032615/why-are-efficiency-ratios-important-investors.asp Chand, S. (2015). Ratio Analysis: Meaning, Classification and Limitation of Ratio Analysis. Retrieved from https://www.yourarticlelibrary.com/financial-management/ratio-analysis-meaning-classification-and-limitation-of-ratio-analysis/29418 Investopedia. (n.d.). Profitability Ratios. Retrieved from https://www.investopedia.com/terms/p/profitabilityratios.asp MyAccountingCourse. (n.d.). Efficiency Ratios. Retrieved from https://www.myaccountingcourse.com/financial-ratios/efficiency-ratios MyAccountingCourse. (n.d.). Liquidity Ratios. Retrieved from https://www.myaccountingcourse.com/financial-ratios/liquidity-ratios Accounting-Simplified. (2013). Introduction to Accounting. Retrieved from https://accounting-simplified.com/financial/users-of-accounting-information.html

Knowledge of Motivational Theories for Better Management

Introduction In their existences, organizations and companies are constantly being pressured by the competitive forces around them to increase their productivity and raise their performance levels.Advertising We will write a custom critical writing sample on Knowledge of Motivational Theories for Better Management specifically for you for only $16.05 $11/page Learn More This is especially the case in the present day business environment which is rife with aggressive behavior and rampant competition which force businesses to look for innovative means to give them a competitive advantage therefore assure that they are not forced out of the market. In this environment, the role of management is more important than ever. Managers are the people who are taxed with the role of marshalling the human resource in the organization for its growth and expansion. For the manager to be of greatest benefit to the organization, he/she must be able to obtain optimum resu lts from his/her staff. This can be obtained through various means amongst which is the possession of exemplary leadership skills by the manager. However, the manager must also possess sound theoretic knowhow on relevant subjects which should then be converted to practical application. This paper shall set out to argue that sound in-depth knowledge of motivational theory by the manager will in fact enable him/her to be a better manager. This paper shall reinforce this assertion by highlighting a number of motivational theory and how knowledge of the same can be exploited by the manager for higher productivity. Use of Motivational Theories in Management Motivation is defined as a â€Å"process of stimulating people to action to accomplish desired goals† (Kondalkar 2002, p.245). Bearing in mind the fact that the manager is tasked with marshaling the organization’s resources to accomplish some organizational goal, it can be rightfully stated that part of the role of the m anager is to motivate his staff to achieve certain desired goals. It is the role of the manager to ensure that the employees have a high degree of motivation in their performance. One of the motivation theories that a manager can utilize is the Expectancy Theory. Chapman and Hopwood (2007, p.120) state that the expectancy theory as proposed by Vroom assumes that individuals choose intended actions, effort levels and occupations that â€Å"maximize their expected pleasure and minimize their expected pain, consistent with hedonism†. Expectancy theory asserts that a person’s individual motivational force is a function of their expectancy. In other words, the probability that one’s effort will result in a first-level outcome will result in the person being motivated to act in a certain manner.Advertising Looking for critical writing on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More By following this theo ry, the manager should therefore strive to demonstrate to the employee that the outcomes they seek are achievable. Once the individual believes that performing at a particular level will result in the attainment of the desired outcome, he/she will increase him performance level therefore benefiting himself as well as the organization. Arguably the most influential motivational theory is Maslow’s hierarchy of needs theory. This theory as proposed by Abraham Maslow states that human needs can be viewed as a hierarch and people are constantly ascending from the lowest to the highest and when one set of needs is satisfied, it ceases to be a motivator to the individual. A manager who understands Maslow’s theory can adopt a systematic approach in motivating his subordinates. The manager will understand that the needs of the workers who are at different levels will differ significantly. For example, the newly employed worker who is working at a low level will be more concerne d about his basic needs and will want minimal rewards. However, once the same worker has secured these physiological needs, they will cease to motivate him and the manager will have to come up with other motivators for the employers. By understanding this theory, a manager will be aware that for some of the employees, social needs are the motivator and this being the case the manager will seek motivators that are relevant to the particular employees. There are various aspects that one has to take into consideration when motivating employees. The two factor theory of motivation advanced by Frederick Herzberg suggests that job satisfaction has two dimensions which include hygiene factors which are work conditions and the motivation factors which include work incentives (Griffin 2007, p.296). A manager who has knowledge of this knowledge will realize that for motivation to be achieved, two particular angles must be considered. The hygiene factors which include working conditions, super visors, pay security and interpersonal relations must not be deficient. The motivation factors which include achievement and recognition, advancement and growth and responsibility must be present since these are the factors that create a drive in the employee. Most people are bound to compare their performances to that of other people in the same situation that they are in. This is also the case in the work environment where the employees constantly compare themselves with employees both within and outside of the organization.Advertising We will write a custom critical writing sample on Knowledge of Motivational Theories for Better Management specifically for you for only $16.05 $11/page Learn More The manager who is conversant with the Equity theory will be in a better position to manage his workforce and maximize their performance. The Equity theory is a social comparison theory which states that a balance of outputs to inputs is the goal that employe es are motivated to achieve (Pynes 2008, p.153). Knowledge of such a theory will enable a manager to be better at his job since he will seek to ensure that employees do not feel like they are under rewarded. Pynes (2008, p.154) highlights that an employee who feels that the ration of outcomes to inputs are equal is likely to be satisfied with the exchange relationship he/she has with his employer. However, if the employer has a perception of inequity and he feels that he/she is giving more and the outcome is less, the person can reduce his input efforts. This will hurt the organization since success can only be achieved if each employee is performing optimally. A manager who is well versed with this motivational theory will ensure that at any one time, the employees perceive the ration of their inputs being equal to the outcomes that they obtain from the organization. Without any in-depth knowledge on motivational theories, a manager is most likely to rely on the basic idea of rewar ds and punishments to achieve the goals that he desires. A study by Frey and Jegen (2001, p.591) reveals that monetary incentives and punishments may have the undesirable effect of crowding-out intrinsic motivation under some conditions. A manager who does not know this will only seek to motivate his workforce by offering incentives which may have the effect of reducing the intrinsic motives. According to Frey and Jegen (2001, p.591), some people are intrinsically motivated to perform an activity without receiving any apparent reward for it except for the activity itself. With this in mind, the manager can improve his managing skills by increasing the quality of work for the workers since this is all that some employees need to be motivated to give favorable performances. It is the role of the manager to come up with a vision and communicate the same to the employees so as to give them a sense of purpose and meaning. As such, the average manager will come up with a goal that he expe cts his employees to follow. The manager may com up with goals that are unchallenging, unclear or even unattainable by his workforce. Knowledge of the Goal-setting theory advanced by Locke will ensure that the manager does not get into such pitfalls. Pynes (2008, p.155) states that according to the Goal setting theory, high performance results from clear expectations. With such knowledge, a manager will set specific task goals for his employees and ensure that these goals are challenging, clear and attainable.Advertising Looking for critical writing on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In addition to this, the manager will realize that the goals may need to change in time since the same goals that were challenging and achievable in the past year may be unchallenging or unachievable for the next year. With such considerations, this manager who has an in-depth knowledge of this motivational theory will challenge his employees therefore bringing about positive results for the organization. Conclusion This paper set out to demonstrate how in-depth knowledge of motivational theory can help someone become a better manager. To this end, this paper has argued that knowledge of the various motivational theories can help a manager achiever his prime role which is to ensure the effective and efficient utilization of resources that are available to an organization for higher profitability to be achieved. This paper has shown how the decisions made by the manager can be enhanced by an in depth knowledge of motivational theories. It has also been shown that a lack of knowledge in motivational theories will greatly hamper the operations of the manager in inciting the best performances from the employees. From this paper, it can be authoritatively stated that knowledge and application of motivational theories makes someone a better manager. References Chapman, SC Hopwood, GA 2007, Handbook of management accounting research, Elsevier. Frey, BS Jegen R 2001, â€Å"Motivation Crowding Theory†, Journal of economic surveys vol. 15, no.5. Griffin, RW 2007, Fundamentals of management, Cengage Learning. Kondalkar, PF 2002, Organization effectiveness and change management, PHI learning Pvt. Ltd. Koontz, H Weihrich, H 2006, Essentials of management, McGraw-Hill. Pynes, JE 2008, Human resources management for public and nonprofit organizations: A strategic approach, John Wiley and Sons. This critical writing on Knowledge of Motivational Theories for Better Management was written and submitted by user Zavier N. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.