Tuesday, December 31, 2019

Make Indi The Road Ahead For India s Development Saga Or...

Make in India: the road ahead for India’s Development Saga or is it just another rhetoric? Abstract: â€Å"Make in India† campaign is an initiative that attracts the industrialists to make India a manufacturing hub that helps to create jobs. India ranks 142nd in the ease of doing business and it is becoming increasingly difficult for both Indian and foreign businessmen to start a business in India. The infrastructure in India is not good enough to attract investors. There is a lack of proper connectivity between the cities in India. The other bottleneck are taxation, Government policies, labor laws, ease of obtaining licenses and land acquisition. India must also compete with its neighbor China as both the nations are seen as growing†¦show more content†¦Historically, India has always been an agricultural nation. The major share of GDP is from this sector till the early 1950s and 60s. Down the line, its share began to decline and service sector started to emerge. Today service sector players a prominent role in the economy of India. On the other hand, Industrial s ector has been growing right from the beginning but the growth is minimal when compared to service sector. The Following graph depicts the percentage share of Individual Sectors in the country. Figure 1: Shares of Agriculture, Industry and Services in India As observed clearly from the above graph, the growth of Indian Manufacturing Sector has been minimal. This can be attributed to the myriad factors that hinder the Indian Industrial sector. On a closer introspection, there are major reasons in the country which holds back the Indian Economy. Firstly, India lacks the optimum prerequisite for the growth of Industrial Sector i.e Infrastructure. India is lagging in terms of infrastructure and more private players and public-private partnership should be encouraged to bring about the change. One such example is Jamshedpur built by TATA. It shows that the problems are able to overcome with proper policy changes. Secondly, power poses the next hindrance for the Industrial Sector. The issues related to power should be resolved as early as possible in the near future. Lack of power is a big hurdle to the running of industries. Many

Monday, December 23, 2019

A Research Study On College Students - 1498 Words

On a daily basis you are introduced to new people around you. The connections you make with the people you meet are relationships. Relationships can vary from person to person based on the type of connection you have with them. There are the relationships with family, relationships with friends, and then the relationship with a significant other. With sufficient amounts of research being done daily on all aspects of relationships and how they work, there is a significant gap in the study of college students and how they view the importance of a committed relationship. With the appearance of this gap, I am doing my research in this field and on college aged students. The key concept when developing this study is how serious and committed relationships are built and treated among college students. This study will examine the way males and females in college perceive the importance of relationships and how they participate in the different variations and if these variations change the way students look at relationships. Recent research barely touched on relationship styles, especially in college age males and females. I would like to know what males and females in their freshman and senior year in college are looking for in an intimate type of relationship. The purpose of this study is to identify how males’ opinions about serious committed relationships change from their freshman year in college to their senior year in college and how females’ opinions about serious committedShow MoreRelatedA Research Study On College Students906 Words   |  4 PagesThe experiment that the researcher is going to conduct is to see if her prediction that 50% of college students switch their major three times before graduation is true. 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Based on the findings of DeMeulenaere’s study on four individuals over a timespan of two years, students tend t o be more open to challenging activitiesRead MoreResearch Study : Relationships Of Eating Competence, Sleep Behaviors And Quality, And Overweight Status Among College Students Essay1091 Words   |  5 Pages1) Research Study: Relationships of eating competence, sleep behaviors and quality, and overweight status among college students Intro: Lack of sleep has been identified as a major public health issue found to contribute to chronic conditions such as obesity, diabetes (type 2) and hypertension. As sleeping habits worsened over the years, obesity and unhealthy eating trends continued to climb. In contrast cross-sectional studies support the notion that sufficient sleep promotes â€Å"health related behaviorsRead MoreShould College Students Go Trough?1498 Words   |  6 Pagesgrowing issue that many college students go trough. 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However, Poor time management actions such as not being able to find time to study or last minute preparation is a source of stress and poor academic performance. In this proposal, we will look at how time management can have a huge impactRead MoreMeholic Alcohol Case Study1611 Words   |  7 PagesHispanic College Students Along the US/Mexico Border This study was created to observe and gather knowledge of the alcohol use among Hispanic college students along the US/Mexico border. It was successful with the help of two hundred and ninety-six participants. The hypotheses include, males tend to consume alcohol more often and in more quantity when compared to females. The methods the author used included the two hundred and ninety-six Hispanic college students who took place in this study. The collegeRead MoreA Study of College Drinking Essay examples1497 Words   |  6 PagesReview of Literature The literature on college binge drinking and student’s academic performance are for the most part; focused on an essential constituent or characteristic that has been revealed. During the past ten months, research has become an essential basis in regards to college binge drinking and the effects said behavior is having on those college students who choose to over-indulge. Given the situation over the literature pertaining to college binge drinking and poor academic grades,

Sunday, December 15, 2019

Aj Davis Department Store Part B Free Essays

AJ Davis Department Store Part B AJ Davis Department Store Introduction The following information will show whether or not the manager’s speculations are correct. He wants to know the following information: Is the average mean greater than $45,000? Does the true population proportion of customers who live in an urban area exceed 45%? Is the average number of years lived in the current home less than 8 years? Is the credit balance for suburban customers more than $3200? Hypothesis testing and confidence intervals for situations A-D are calculated. A. We will write a custom essay sample on Aj Davis Department Store Part B or any similar topic only for you Order Now THE AVERAGE (MEAN) ANNUAL INCOME WAS LESS THAN $45,000. Solution: Step 1: Null Hypothesis: The average (mean) annual income was equal to $45,000. H_0: ? =45,0000 Step2: Alternate Hypothesis: The average (mean) annual was less than $50,000. H_a: ? 45 , a z-test for the mean will be used to test the given hypothesis. As for the alternative hypothesis, which is Ha:? 0. 45 and the given test is a one-tailed (upper-tailed) z-test. Step 4: Critical Value and Rejection Region: The critical value for significance level is ? =0. 05. The upper tail z-test is 1. 45. Rejection Region: Reject H_0,if z-statistic1. 645. Step 5: Assumptions: The sample size in this experiment is n 0. 4 95% Lower Sample X N Sample p Bound Z-Value P-Value 1 21 50 0. 420000 0. 305190 0. 29 0. 386 Step 7: Interpretation: According to the calculations, the p-value is 0. 386. This value is larger than the significance level of 0. 05. Therefore, we will not reject the null hypothesis. There is no sufficient evidence to sup port the claim that the true population proportion of customers who live in an urban area is greater than 40%. Based on the results provided by MINITAB below, the lower 95% confidence limit is 0. 28. Since 0. 42 is greater than the 95% lower confidence limit, hence, we cannot support the claim that the true population proportion of customers who live in an urban area is greater than 45%. Confidence Interval: Test and CI for One Proportion Sample X N Sample p 95% CI 1 21 50 0. 420000 (0. 283195, 0. 556805) ? C. THE AVERAGE (MEAN) NUMBER OF YEARS LIVED IN THE CURRENT HOME IS LESS THAN 8 YEARS. Solution: Step 1: Null Hypothesis: The average (mean) number of years lived in the current home is equal to 8 years. H_0: ? =8 Step 2: Alternate Hypothesis: The average (mean) number of years lived in the current home is less than 8 years. H_a: ? 50 requires that the z-test for mean be used to test the given hypothesis. The alternative hypothesis is Ha:? 3200 Step 3: Test Statistic: z= Following the provided information, the Significance Level is ? =0. 05. The alternative hypothesis is Ha: ? 3200; therefore, the given test is a one-tailed (upper-tailed) z-test. Step 4: Critical Value and Rejection Region: The critical value for significance level ? =0. 5 for an upper-tailed z-test is given as 1. 645. Rejection Region: Reject H_0,if z-statistic1. 645. Step 5: Assumptions: The sample size in this speculation is greater than 30, therefore, The Central Limit Theorem (CLT) will apply, and no assumptions need to be made. Step 6: Calculation of test statistic: One-Sample Z: Credit Balance ($) Test of mu = 3200 vs 3200 The assumed standard deviation = 742. 365 95% Lower Variable N Mean StDev SE Mean Bound Z P Credit Balance ($) 15 4675 742 192 4360 1. 96 0. 025 Step 7: Interpretation: According to the above results from MINITAB, the p-value of 0. 038 is smaller than the significance level of 0. 05; consequently, the null hypothesis will be rejected. There is sufficient evidence to support the claim that the average (mean) credit balance for suburban customers is more than $3200. Based on the results from MINITAB, which are provided below, the significance level is 0. 05; therefore, there is sufficient evidence to support the claim that the average (mean) credit balance for suburban customers is more than $3200. MINITAB reveals that the 95% lower confidence limit is 4469; therefore, 3200 is smaller than the 95% lower confidence limit, which means that the claim can be supported regarding the average (mean) credit balance for suburban customers is more than $3200. Confidence Interval One-Sample Z The assumed standard deviation = 742. 365 N Mean SE Mean 95% CI 50 4675 105 (4469, 4881) Conclusion After performing hypothesis testing and confidence intervals on each speculation, we can conclude that from the sample of 50 customers from AJ DAVIS department store, the average (mean) annual income is less than $50,000. We can also conclude that the number of customers that live in urban areas are less than or equal to 40%. The average number of years their customers have lived in their current home is more than 13. Also, the average credit balance for suburban customers is more than $4300. The manager was correct about the speculations of the average income being less than $50,000 and a customers’ credit balance being more than $4,300. For AJ Davis department store to continue a great relationship with their customers, it wise and imperative that they continue to perform analyses of this magnitude. How to cite Aj Davis Department Store Part B, Papers

Saturday, December 7, 2019

Involvement Of Stakeholders Existing Practiceâ€Myassignmenthelp.Com

Question: Discuss About The Involvement Of Stakeholders Existing Practice? Answer: Introduction With the help of this report information related with the financial reporting as well as financial statements will be shared so as to provide better as well as effective set of information to the organizations. For an organization it is necessary to make an appropriate financial statement because it is essential aspect which helps in providing relevant set of information to the stakeholders available in the market. On the basis of given case study this project report has been prepared on the Sunshine Ltd industry that is a departmental store in which depreciation straight line method is being used. It is assumed after studying the case study that general manager of the organization desires to diminish the past years profit and add it on to the approaching years. This report gives the fair idea about the involvement of stakeholders like immoral practices, governance, ethical behavior and these can make negative impact on the companys stakeholders. Apart from this, some help is to be p rovided to the manager by suggesting recommendation in order to make changes according to the AASB116. Discuss, analyze and research ethics and governance of the above case. Your paper should address the stakeholders, ethics, governance, changing depreciation methods and suggestions for Maria to ensure compliance with the AASB116. Ethics During the decision making process ethics should be considered as principles and moral (DeGeorge , 2014). Ethics is considered as an important element by which right decision is to be made by involving moral values into the decision and influence both external and internal environment of business. It is assumed that activities of an organization should not affect the surrounding environment and society norms and their practices that they are going to use must be fair, incorporated and honest through which nourishment of a society can be done (Eun, 2009). Issue related to ethics As it is given in the case study that issues related to the ethics is to be evaluated through manager and accountant (Fernando, 2012). There are some aspects associated with the professional ethics which must be followed by the employees and professionals of the organization and perform their duties with fairness, integrity and honesty. It is suggested by the general manager of the Sunshine to the accountant Maria that some changes should be implemented into the financial statement of the company and generates fair revenue in the upcoming year (Frankena, (2015). After taking suggestion an accountant of Sunshine Ltd has prepared his mind to make some alteration into the financial statement by shifting the method of depreciation to sum of years digits methods from straight line method. In this situation, ethical issue has been generated that financial statement of Sunshine Company is being altered according to the necessity in which basic accounting guidelines are being unnoticed (Raym an, 2013). Governance Governance is considered as well defined system which establish policies and rules for the organization in order to maintain and manage the practices of business .Some ethical guidelines is to be developed in favor with the stakeholders by which organization can be able to attain its goals without disrupting interests of stakeholders ( Fernando, 2012) Issues of governance Governances task is to focus on the fulfillment of proper guidelines and organizations internal process along with some external rules and laws that are implied by the government (Karapinar, et. al., 2012). It is also discussed that policies and procedures must be followed by the company which is provided by governance. As given in this case study that Sunshine Ltd has not been able to follow up the accounting standard so that can further impact the interest of stakeholders. It is considered to be obligatory to open up with the method of depreciation which is being used within the company and also disclose the reason of changing the depreciation methods or else it will become the issue of governance ( Fernando, 2012) Involvement of stakeholders in the existing practice Stakeholders are considered as the participants who are associated with the organization directly or indirectly (Chapple, 2016). Decisions which are taken within the premises can influence the interest of stakeholder. In the present case, the manger of Sunshine Company has tempered the statement of finance through which they can attract more stakeholders. For attracting stakeholder manger changes the depreciation method by which she can show that her company is making profit consistently (Finch, 2010). It is a wrong practice which is being performed by the manager on ethical basis which can make negative impact on the stakeholders and some are discussed below: Investors They are the unit that can support the business by giving funds for operating activities of an organization. By performing this immoral activity by the manager of tempering the financial statement of an organization showing more profit in comparison with reality can attract more investors. Investors expect higher returns on the basis of companys wrong financial statement but in reality they will get nothing (Rayman, 2013). Government It is mandatory for an organization to imitate all regulations which are prescribed by the government. Sunshine company has shown false profit in its financial statement which is not ethically correct and breaking the rules of accounting standards which is treated as high offence and can influence the image and goodwill of an organization (Arnold, 2013). Management Management is considered as the unit which manages all activities and functions of an organization (Baxamusa, et. al., 2015). According to the recent situation, the decision of the management will also get influenced. By making false presentation of profit in the financial statement management of Sunshine Ltd would make several decisions in respect to execute new business activity and further on this will influence the stakeholder of this company. (Karapinar, Zaif and Torun, 2012 Suppliers Suppliers are considered as the external stakeholder by whom organization can get resources. This situation of showing wrong profit in the statement will attract more suppliers but in reality when suppliers will come in contacts with the company they get to know the reality and they lose trust over company which can generate the issues of liquidity to the company (Baker, et. al., 2013). Customers By taking such great step of showing wrong profit will attract more customers but after sometime the real position of Sunshine Company will be revealed and customers trust over company will be breached. That can further affect the goodwill of the company and no customers can trust them again (Arnold, 2013). Accounting standards compliances Changing of depreciation method Based on the evaluation of the case, to represent consistent and reliable profits in next years financial ledger, the accountant changed the current methodology of depreciation (Bacon, 2010). As per the standard codes of accounting, it is mandatory to furnish the depreciation methodology at first place (Fernando, 2012). It is also mandatory to provide information about depreciation expenses and asymmetrical features about depreciation. The firm Sunshine Limited has been using conventional methodology for fixed assets depreciation calculations (Baker, et. al., 2013). Depreciation charges must be furnished on sufficient assets having vision of financial support for the company. Australian Accounting, Standard 1021 suggests the features associated with the overheads of depreciation of companies. The depreciation methodology, as per the standards, can only be changed or modified categorically in the below circumstances only, If there is a change in the government laws. In this case, based on the directions by the governing bodies, the methodology can be changed or modified. Betterment of the information; i.e. in order to represent the economic statements intuitively and more accurately. The change should also be well explained (Baker and Filbeck, 2013). Any other situation, where the change is required to comply with the existing laws. Here, in the case study of Sunshine Limited, it is observed that there are no lawful reasons for change in methodology of accounting depreciation (Eun, 2009). To comply with the Australian accounting standards 116, below is the suggestion for the accounts officer Maria, As per the Australian accounting standard 116, it is mandatory for the accountant to furnish the information that can affect the stakeholders (Baxamusa, et. al., 2015). Reason being, the stakeholders make their financial decisions after studying the financial statements of the company. It is therefore suggested to the accountant to furnish the transparent information useful for the stakeholders to make right and unbiased decisions. If the information is insufficient and it can affect the interests of the stakeholders, it is not suitable as per accounting ethics (Bacon, 2010) It is also suggested to the accountant to furnish the information about the amount of depreciation levied and the methodology used to furnish the same (DeGeorge , 2014). In addition, it is also mandatory to furnish the details about the reason for change of the methodology. The reason should be valid and should be one from the above stated circumstances. It is suggested to the accountant to furnish the details about the change in the methodology she used. (Finch, 2010) Conclusion It is concluded on the basis of this project report that a financial statement of an organization is act like a face of a company on which basis important decision is to be taken and which shows the companys real and exact position in the market. It is mandatory to all the organizations to imitate the rules and procedure which are provided by the government. Company should perform activity which is right ethically. It is suggested that company should not make alteration into the financial statement as this can breach the trust of their stakeholder. By showing right information helps the organization to attract more stakeholders on trust basis References; DeGeorge , R. T. (2014). Business Ethics. Pearson Educatio. Eun, C. (2009). International Financial Management. McGraw-Hill Higher Education. Fernando. (2012). Business Ethics and Corporate Governance. Pearson Education. Frankena. (2015). Ethics. Pearson Education. Rayman, R., 2013.Accounting Standards. Hoboken: Taylor and Francis. Karapinar, A., Zaif, F. and Torun, S., 2012. Accounting Policies in the Extractive Industry: A Global and a Turkish Perspective.Australian Accounting Review, 22(1), pp.40-50. Anon, 2001.International Accounting Standards 2001. London: International Accounting Standards Committee. Finch, B., 2010.Effective financial management. London: Kogan Page. Arnold, G., 2013.Essentials of corporate financial management. Harlow, England: Pearson. Bacon, F., 2010.Corporate financial management. Acton, MA: Copley Custom Textbooks. Baker, H. and Filbeck, G., 2013.Portfolio theory and management. New York: Oxford University Press. Baxamusa, M., Mohanty, S. and Rao, R., 2015. Information Asymmetry about Investment Risk and Financing Choice.Journal of Business Finance Accounting, 42(7-8), pp.947-964. Chapple, S. (2016). Book review: Aiming for Global Accounting Standards: The International Accounting Standards Board, 2001-2011.Accounting History,21(2-3), pp. 364-365.